Amazing what is going on in the high end of collector cars these days. I am floored by what is happened at Barrett Jackson. It seems like the opening bid on most cars is $70,ooo!! It would appear the gentlemen who wanted to own muscle cars in their youth have come to a time in their lives where they can afford to buy what they want and will pay up for rare, well restored cars.
From what I have seen the younger generation is not so into the muscle car scene. I am 36 and have loved muscle cars ever since I was in high school and had my 70 Camaro SS. Most of my peers (and I only can speak of guys I know) do not seem so into the older cars. They would rather have a 911 or a Ferrari 360. What do you think the next 10 or 20 years hold for the values of these terrific cars? (break out the crystal balls!) The buyers out in Arizona in general look to be in their 50's or there abouts. What happens when these guys (you guys??) are in their 70's and 80's in 20 or 30 years? Will there still be such a huge demand for the 60's muscle?
These are just my limited views and I would really enjoy to get other people's opinions on this!
