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#19
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IMHO if there is a softening of prices, it's at the top end of the market only and reflects the mood amongst buyers who previously spent up at the big auctions. When you consider a car sold at one of those attracts both a seller's fee and a buyer's fee, often around 10% of the hammer price to each party, that's only benefitting the auction houses. Don't see that as sustainable forever, but real-world prices elsewhere for good restorations, drivers and even projects seem to be staying pretty steady.
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Tim in NSW, Australia 1969 Van Nuys 04A Z/28 from Clippinger Chevrolet. Cortez Silver with dark blue interior. Ran at Lions Dragstrip and Pomona Raceway, with paint by Bob Kovacs of Fresno. |
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