Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
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#1
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Bob
I disagree and heres why. The lower end musclecars I feel are owned by the true hobbyist who are in it for the love of the cars and are not flipping cars like the griddle chef at Waffle House. These are the people who have been in the hobby for years and will be in the hobby years from now. We all know the regular died in the wool hobbyist has been priced out of the hobby on the rare stuff. I would make a wager that majority of high end cars are bought by people who are buying them as much for an investment as the love of the car itself. When the prices start fluctuating down they will get out. |
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#2
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I for one,Can't wait for the Bubble to Burst.
To many Carpetbaggers,novices,speculators are in this Hobby now,& it needs an Enema. |
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#3
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I think you may have it backwards now though...a couple years ago the "flippers" were selling the higher end stuff...today the cars that can be bought more reasonable are being flipped...There were ALWAYS cars that were out of reach for people...I wanted a 53 Skylark bad 15 years ago but they were close to 50 or 60 then if I'm not mistaken...hell they are still way up there...I don't see many Supercars being flipped these days...they sell privately...and people know what they are worth in the marketplace.Whether these cars hold their value or not is up to the people who own them and want them.The whole crossram/JL8 goofyness of last year probably woke people up to those cars and no one is buying stupid on them from what I saw...tri-fives ,t-birds,GOOD Hemi cars etc were pulling big bucks . I would love to have a nice Hemi car again but they are not in my budget !! Rarity and desireability,and quality of restoration coupled with what the guy standing on the stage bidding wants is what brings the money out there.
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Don't mess with old farts - age and treachery will always overcome youth and skill! Bullshit and brilliance only come with age and experience. |
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