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#1
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I just received my Collector Car magazine. In it, it talks about the soaring values of GTO's in general (in the auctions section). The most recent Hemmings talks about a likely cool off. I know it is a situation that is difficult at best to predict, but I'd like to find an honest assessment of the market and the likely duration of the strong prices.
Has anybody read any informative articles lately? If so, please let me know. I know that many GTO's are popular, but does anybody think a 1970 Ram Air IV Judge with full documentation and the best options could top $100K? What about $200K? Could they follow the e-body hemis? I am curious about people's insight. |
#2
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You read all kind of stuff about what these cars are selling for. I have read about a couple $100,000 Judges already but dont know if that was the selling price or the asking price. Never seen any concrete price info. I think these RAIV cars will keep escalating in price. Not many made in 69-70. Way less left now. I see nice clone cars fetching 35-40,000. A nice stock 350HP GTO is bringing like $20-30,000 as I look at the national Deals on Wheels. As long as demand exceeds supply the prices will continue to go up. Jim
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1974 LeMans GT 350 4SPD Maroon 69 GTO Judge RAIV Auto Black |
#3
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![]() ![]() ... collector of 69/70 RAIV Birds/ Judges ![]() ![]() |
#4
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You have to look at where the money is coming from to drive the prices to this level. That will tell you where the prices will go.
I believe the money is coming from baby boomers who are now empty nester's but pre-retirement age. They have cash and time to spend on things they've wanted for a long time but have been putting off. If this is the case, the drive will last until they begin to retire and choose to downsize their living expenses. Of course the very successful of them will escalate their collections at the same time. I think the prices will stay high until they die off. By then I'll be too old to care anymore.
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'69 Firebird 400 convertible '93 Chevy Corvette ZO7 |
#5
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#6
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Problem is is that when these cars are sold there is such deception as to what the selling price was by buyer and seller. The buyer wants to keep it quiet and the seller wants to tell everybody he sold it for more than he did. These higher end collectors keep to themselves and don't like people to know what they have or how much their cars are worth. Can't say as i blame them becouse their always getting bugged by brokers. I think that muscle car values will keep going up as long as the economy stays strong. Pontiacs and Oldsmobiles havent hit there stride yet, i would think they will climb higher yet. I would expect mopars to drop as i don't see why they are so much higher than anything else, but im a chebby man anyways, so what do i know
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#7
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#8
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I say hold onto your hats. Its still going up and some of the prices that I have seen would shock most !!
And you knuclehead, I will bite my tongue about your remark (Can't say as i blame them becouse their always getting bugged by brokers)like all the others you have made. If It wasnt for me alot of these cars would not have been found for the SERIUOS BUYERS..If I remember correctly didnt you call on a broker to find you some cars? Sorry got lost !! I tell my clients to BUY now not tommarow. Cause after BJ they going to go up again. Every car is going up from a 6 banger to the V8's. Its a food chain down.. I was told this by a big collector in California yesterday that made alot of sence. The people who are crying about the prices of today when a car could have been bought yesterday for 20K, wouldnt have bought that car for 20K then either. And that is a fact !!
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Not a dealer!! 30yrs plus working with private collectors selling and buying from private collections!! Will not rep bad cars or the people selling them... Always looking for more RARE Muscle cars and true collectors looking for no issue cars ... THX Yenko.Net |
#9
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AMEN Rich
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<span style="color: blue">1970 GTO Judge Ram Air IV, 4 speed</span> |
#10
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(knucle)Lets hear why you think the Mopars are going to drop !!! You seem to be very knowledgable at this
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Not a dealer!! 30yrs plus working with private collectors selling and buying from private collections!! Will not rep bad cars or the people selling them... Always looking for more RARE Muscle cars and true collectors looking for no issue cars ... THX Yenko.Net |
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