Musclecar prices and the possible recession

[EZ Nova]

Lee,

Ontario schools are out for possibly 3 weeks. My wifes a high school shop teacher (teaches welding and machine shop). They have been told to be ready for early call-back, DO NOT leave or be out of the country country after Sunday the 22nd. They had to notify there board IF they were planning on being out of the country this week, March break so they could get subs in order for the 2 week isolation terms.

I think this is a pretty good plan. Rumour mills says there is going to be temperature taking upon returning to school and anyone with a temperature will be denied entry for possibly another 2+ weeks. I feels this is good to slow to stop the spread that way too also seek out new cases and deal with them.

2 months is CNN's "the-sky-is-falling" fear mongering plain and simple. IF the known case on the ships were only 2 weeks, then why would 99% of the populations that don't have it need 4X's the time.

[Charley Lillard]

Both of the A12 cars were really good cars, Yenko was a good car but still unrestored underneath which is kinda nice to see. This might be the new normal. Without shows like MCACN etc I wonder what high end musclecars would be worth.

[EZ Nova]

Charlie, I'm now 54. I've been following and liking the musclecars since I was 14. I actually TRIED to get the loan for a car (1970 440 Duster at the time) when I was 14. Had to wait till I was 16 and first bought a 1970 440+6 B5 4sp 4.10 Dana Cuda. Did that in late Feb. of '82. That owner was a high steel worker. Went overseas and as of first week of May, still wasn't around. Offered my deposit back and went and offer the guy the $200.00 less then the Cuda for a '68 GTX 440 4sp 4.10 Dana CLONE I did end up buying and owning.

So have followed '69 1/2 A12's some and they were usually DOUBLE what those 2 went for. The yellow '70 Hemi Cuda for well under $100??? Maybe the market is "correcting" (as my financial guys has been saying of that MESS) and hopefully the cars can be more affordable to actual car people and not just an investment to collect dust and $$$ somewhere.

[drce500]

The 1966 Hemi Coronet i posted sold for $37,000 before fees.

[EZ Nova]

I know. I posted it in post #144 saying these were "usually" in the $70K range???

[the427king]

I was offered a low mile original 70 hemi cuda from a collection 18 months ago for 160K w original motor which i passed on .
It went to auction and got 165K ....the mecum car wo original motor did 151K......whats the panic about ? Maybe people associate the 70 hemi cuda with the ultra high dollar 70 and 71 cuda convertibles and the 71 hemi cudas and lump them all together as similar,which they certainly are not production number and value wise .

[70 copo]

Here in Ohio Gov, DeWine is ordering bars and restaurant dining rooms closed; carryout is still permitted.

[Lee Stewart]

Originally Posted by 70 copo

Here in Ohio Gov, DeWine is ordering bars and restaurant dining rooms closed; carryout is still permitted.

Illinois followed right afterwards.

[Lee Stewart]

Coronavirus in NY: NYC schools will close

New York City’s schools will close Monday and remain shut till at least April 20, Mayor Bill de Blasio said Sunday.

De Blasio — who had been facing a coup from parents and teachers over his refusal to close city schools amid the coronavirus — added that it is possible “we may have to go out” for the rest of the school year.

https://nypost.com/2020/03/15/corona...ls-will-close/

[EZ Nova]

Just seen that the USA has but there rate to ZERO to .25%! And 700 Billion is relief $$$. That might stop the bleeding but markets and cars will still be down for the short term.

Like 427 said hi end exotic stuff will still be pricey but I feel normal stuff will be down or a buyers market.

But I could be wrong.