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Old 05-18-2008, 08:30 PM
SBR SBR is offline
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Default Re: Mecum car prices

[ QUOTE ]
It's not rocket science...The, hit or miss scenario, seems to happen at Mecum because they have too many awesome cars & not enough high end buyers.
Awesome inventory + fewer bidders = lower prices...it's where shrewd buyers, like Stefano, Charley & others go to buy
Les, the sky is not falling

[/ QUOTE ] I agree, too many cars and waaay too many auctions. There is less excitement between auctions now because it seems like there is another one just around the corner. This is in no way a knock against the auction houses as they are in business to make money and if the demand is there they will have more of them, which will continue to hurt prices JMHO. Overall however I would say the market is still strong for quality no BS stuff, just not crazy money. Not too bad considering consumer confidence is at its lowest point in nearly three decades.
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