[427TJ]

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Maybe in 20-30 years when all the baby boomers have relived there youth and have traded in there muscle cars for flying nuclear powered wheel chairs the prices might go down...maybe..

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The Boomer's kids will have grown up hearing "This car's worth more than our house!" a thousand times. Believe me, when daddy croaks and the kids start fighting over the car ($$$), they will have remembered well what they think the car should be worth: more than the house.

Time is also a problem. The more time that passes, the farther we get from when these cars were plentiful, and the higher the prices climb. Small corrections yes, but the overall trend is upward.

Blame it on the rich guys. For example, as '69 Z/28s become more desireable, the rich collectors need to seperate themselves from the average '69 Z owner. To do that they seek near-mint, original, unrestored examples with rare options like RS, JL8, etc. The price for those examples climbs out of sight as the rich guys fight for them. The owners of the common cars see what the rich guys are willing to pay and the common cars become more expensive.

Oops, there goes that pesky capitalism again!

On the other hand, blame goes also to sellers who know rich guys are out there waiting to drop impressive amounts for certain cars. Remember: "Greed is good." Greed for the rarest example of a certain car, greed to sell that car for the highest price attainable. (See also: Barrett-Jackson.)

Maybe we're all to blame?

"I have seen the enemy and it is us." Can't remember who said that but it's pertinent here.

He who hands over the biggest bag of cash for a car wins. He who receives the biggest bag of cash for his car wins. So maybe it's win/win? Unless you aren't able to participate, then it's lose/lose?

Whatever the cause, prices, overall, tend to go up as these battles rage.