Interesting reading

[Bill Howell]

Yeah, that was pretty much my point. The 40,000 LS6 Chevelles, even if that number is correct is not hardly the way it is. How many of these cars are still around, and how many more 40 something or 50 something year old males want one? Obviously he wants to go back to the day when Barrett Jackson was a niche auction selling D-burgs and such. With Steve there now, it is so much more main stream and I doubt seriously there will be any of those $60K 69Zs there....lol
OH, Hey Stuart, see I do come here too....lol

[Xplantdad]

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OH, Hey Stuart, see I do come here too....lol

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You Lateral-G guys, you...LOL

[Bill Howell]

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OH, Hey Stuart, see I do come here too....lol

[/ QUOTE ]

You Lateral-G guys, you...LOL

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Lateral-g, Protouring, Musclerides.........
Way too much time wasted every day....lol

[Zedder]

I guess I am in the minority since I agree with the guy He didn't give a time frame for when the correction will happen and a true crash is still a ways off I believe, but prices on cars like '69 Z's have already dropped - maybe not to $60K but certainly less than the summer of 2005 - that was the high water mark as far as I am concernced. Look at how many neat cars have been for sale on this site that people said were a great deal etc. and they are still for sale or were sold at a reduced price. Just my opinion, so don't flame me too much

[GRB]

Martin's show "Appraise My Car" is on HDDSC right now. 8P Eastern. Going over a '63 spit window.

[Xplantdad]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]

OH, Hey Stuart, see I do come here too....lol

[/ QUOTE ]

You Lateral-G guys, you...LOL

[/ QUOTE ]

Lateral-g, Protouring, Musclerides.........
Way too much time wasted every day....lol

[/ QUOTE ]


Yea Bill...but it's a good waste of time, right?

[Bill Howell]

Yeah Bruce, sometimes I wonder just what it was I used to do before forums came along...lol
At least my wife knows were I am at and what I am doing.

BTW, I hope we can meet in January. I will be in Scottsdale all week.

[Xplantdad]

We'll definitely meet up...details to follow soon!

[TXSS]

I think this guy is clueless. However, there are some inherent problems judging market prices based on one model over one year. It seams that many people use the price of 69 Z28's as the bench mark on muscle cars prices in general. That seams risky to me given the fact that I have never seen so many 69 Z28's for sale as I've seen in the past year. At any given time you can find 20-30 for sale on eBay alone vs. 5-6 LS6's. If the market is truly driven buy supply and demand the prices on 69 Z's may be down because there are so many available. I know I sold two nicely restored, numbers matching 69 Z's in late 04 and early 05 and was hard pressed to get high 30's for either one. If the current prices are down from the 80's to the 60's I see that as a minor short term fluctuation but still a healthy increase over the longer term. I don't think anyone really knows what these prices will do over the short term. However, as long as enthusiasts control the market and not investors the market will stay healthy. Very healthy. There is one factor that does not exist in many markets/investments and that is the emotional connection we have to these cars. As long as that connection exists people will pay more to satisfy that need. I know I will and have regardless of how it may effect my return. I just can't get to excited about buying pork bellies