Re: 1970 RA IV Judge
I always thought the Mopar market would hit the wall when some of these Hemi E- body guys finally realized "Wow, I just paid (quarter million/half million/one million) dollars for a car whose door won't stop rattling until 5 minutes after I close it and the entire interior is made from 5 pieces of crappy plastic and a vinyl tablecloth". No such revelations have come forth though, and that market just keeps on goin'.
To me E-bodies are like Anna Nicole Smith - a wonder to behold (at least in her Playboy days) but not really built for a long term personal relationship.
As a seller and sometimes broker of these cars, I'm still suspicious we're on a bubble. With USA TODAY and the WALL STREET JOURNAL espousing the investment aspect, its only a matter of time before speculators hold more cars than enthusiasts and the bottom falls out. But maybe I'm just in denial, and the Yenko Camaros and Hemi Cudas are truly the Duesenbergs of the new era, and they will settle in at these prices for 10 or 20 years. (I'm not betting my kid's college funds on that theory, though.)
I do believe the market appears stable as long as the economy is OK and people who love the cars are still the ones buying them.
(PS to fellow brokers and sellers- I truly believe that this is a legitimate service, just like the real estate agents who helped me sell my old house and find my new one. But comments like "I tell my clients to buy TODAY, not tomorrow" ring kind of hollow when that's how you get paid. I know it's frustrating when other enthusiasts view salesmen and brokers as parasites rather than service providers, but throwing frustrated info-mercial slogans out isn't going to bring anyone around.)
Best of luck everyone - may you all buy low and sell high!
TOM
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