Musclecar prices and the possible recession

[Zedder]

Back to the car price question...I suspect the aging population will have more to do with prices softening over the next few years than anything else. It seems that more cars are popping up for sale lately, but very few appear to be changing hands. The same ads are run over and over again. It would be interesting to know what the distribution of ages are on sites like this. I'm 57 and suspect that the median age might even be north of that. If so, another 5 years will have a dramatic impact on the hobby.

[Steve Shauger]

Originally Posted by Zedder

Back to the car price question...I suspect the aging population will have more to do with prices softening over the next few years than anything else. It seems that more cars are popping up for sale lately, but very few appear to be changing hands. The same ads are run over and over again. It would be interesting to know what the distribution of ages are on sites like this. I'm 57 and suspect that the median age might even be north of that. If so, another 5 years will have a dramatic impact on the hobby.

Mark, if your buying look at it as an opportunity. Investing no so much... however just like water front property, ultra rare and iconic cars are virtually inelastic and will always be valuable.

[fiveforty]

Originally Posted by Zedder

Back to the car price question...I suspect the aging population will have more to do with prices softening over the next few years than anything else. It seems that more cars are popping up for sale lately, but very few appear to be changing hands. The same ads are run over and over again. It would be interesting to know what the distribution of ages are on sites like this. I'm 57 and suspect that the median age might even be north of that. If so, another 5 years will have a dramatic impact on the hobby.

I am 60 yrs old. Last year bought a 72 RS Z28 from a guy a little older than me who had it for 19 years. Sold it to a guy who was older than me. he just sold it to a guy who was 66 yrs old. Was kind of disapointed in the responses I had for a car that only had 2500 made.