![]() Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
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#1
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No, this is not a for sale ad. I don't think it's my imagination , aren't there more quality cars for sale now, as compared to a year ago? And when there is more quantity, price reduction usually follows. I don't wish any real car enthusiast any finical misfortune but I would love to see a large correction so I can afford to play again.
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#2
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I have heard that the musclecar market is kind of "soft" now.. But I do not know for sure. I do not get into buying and selling...
Rich
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"This is Sheriff Buford T. Justice, I'm in pursuit of a black Trans Am, he is all mine so stay out of the way" |
#3
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I would think that maybe some people who got into very high end/quality cars for the wrong reasons are trying to get out asap, epspecially those people highly leveraged (ie: ARM mortgages/interest only loans now paying 8-9%)and have no equity left in the old homestead. Not a large group of owners, but probably enough to affect the marketplace somewhat. The toys are always the first things to go!!
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70 L78 Nova Fathom Blue,Bench, 4spd, F41, 3:55 71 Porsche 911 Targa |
#4
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There was a Scuncio COPO recently that the guy could not get 140k for, reduced it to 130, and then removed it. The market is very soft. I have a nice driver quality Monte SS454 born with, that I can't get 14k for. I think that it will be like this until the economy gets back on track, IMHO, which means that it is time to buy. I have been on the lookout for a 70 Camaro L78, so............
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Rich Pern 69 Camaro COPO "Tin Soldier" |
#5
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Market is soft? Prices do not reflect that. A lot of over priced garbage out there. I spent over a year searching for a muscle car and became overly discouraged with the lack of quality out there to suit my specific price range. Maybe if you have deep pockets the market might have dipped but for us average foke, BJ prices still hinder the possibility of ownership. Clones and replicas still dominate the market. The educated buyer is the new trend.
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Follow me on Instagram: https://www.instagram.com/mbcgarage/ |
#6
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To take that a step further,today the UNeducated seller is remorseful.
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#7
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[ QUOTE ]
To take that a step further,today the UNeducated seller is remorseful. [/ QUOTE ] or they found they bought a real nice clone. ![]()
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#8
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[ QUOTE ]
No, this is not a for sale ad. I don't think it's my imagination , aren't there more quality cars for sale now, as compared to a year ago? And when there is more quantity, price reduction usually follows. I don't wish any real car enthusiast any finical misfortune but I would love to see a large correction so I can afford to play again. ![]() [/ QUOTE ] It's the guys waiting to jump into the market that are going to keep the market from bottoming out. There's still a strong market for good quality cars... you just said it. WRT the Canadian border issues... With vintage cars (which I expect you're talking about) you just have to supply them with a bill of sale, copy of signed title - front & back, copy of driver's license and 72 hours to process it... and if you're polite when you show up, you're good to cross the border. |
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