![]() 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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That's exactly my point- the middle of the road drivers are coming back strong. They have been dead for a few years. The reason the middle of the road drivers are picking up is the average buyer is once again priced out of the collector car market. Back in the mid nineties we were selling first gen Camaros and all Chevelles for $20,000, no matter what was under the hood. This time around, Joe Public has leaned more toward affordable day 2 cars, old race cars, etc. That demand will obviously drive the price of those cars up accordingly, just as it did before. Then at some point, everything is going to equalize, beause all old cars become overpriced. Bob, you are a younger Baby Boomer- there is a good percentage of Boomers that have already packed up for warmer climates. I hope you are right and prices keep climbing. But as an appraiser and seller of muscle cars for 11 years, I see something brewing down the road.
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#2
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If I read you right, are you saying a guy with a couple of pretty nice muscle cars should start thinking about selling them, before they have a big drop in value?
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Tony 55 Nomad Gasser 70 SS 427 Nova 34 Ford Sedan..Hemi powered Michigan/ Florida |
#3
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[ QUOTE ]
But as an appraiser and seller of muscle cars for 11 years, I see something brewing down the road. [/ QUOTE ] There is always something to look at down the road..but trying to figure out how long the road is would be a hopeless excersize.I know I am at the younder end of the baby boom...but there are a zillion of us all wanting the same cool stuff. T...with all due respect ...I wouldn't exactly go running out selling everything based on his opinion.
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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. |
#4
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So are you telling all your customers that your cars are overpriced and they should not buy them.
The reason the average Z28 is 50K and up is because the rare stuff has pulled them up. If the markets take a stumble the average high production cars will fall the most and the rare stuff will be ok, IMO. Also people that can only afford the high production cars are not stupid all of the sudden, they probably realize that its stupid money to spend big bucks for a high production car just because of the market being pulled up by the rare stuff. In the end they still view it as average everybody has one car but at a high price. |
#5
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The reason I own a couple of muscle cars is because I like them. I also like the newer high performance cars as well and value is secondary to my purchase decision. The amount of depreciation that I have incurred on my past new car purchases could probably buy me a couple of Yenko Camaros, but I still enjoyed having them.
For me, it is not about the value down the road for a new car purchase (an obvious losing situation) and that translates over to muscle cars as well. Luckily, they do hold value better than new cars (a heck of alot better!) and still have a chance to potentially appreciate as well. |
#6
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There will always be cars that money just can't buy.
![]() ![]() Keep asking, and they're not for sale, ever. ![]() The number of cars like this is staggering, we keep finding them and talking about them, and for every one like this, there are probably 3 more in some garage or barn just waiting... ![]()
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![]() COPO 9561/9737 M40 X11D80 13.37 @ 105.50 on pump gas,drove it to NATL TRAILS and back [email protected] SCR22 |
#7
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Barring some unforeseen force of nature or country the musclecar prices will still continue to rise especially in the shadows of the modern muscle coming out of the Big Three. How long the road is is anybody's guess , but I would wear a good pair of walking shoes. The price of the average musclecar is $$$$$---the price of the high end musclecar or Supercar is $$$$$$$$$$--Enjoying the cars of someone's youth or enjoying a special time gone by for those who weren't there, thru the stories and cars of yesterday is priceless---In the end all that really matters are the memories of good times and good friends---Enjoy the 60's/70s while they're here the second time around---...Joe
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#8
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In the end all that really matters are the memories of good times and good friends---Enjoy the 60's/70s while they're here the second time around---...Joe [/ QUOTE ] Joe, you hit the nail on the head...again! ![]() Any monetary gain while having fun with my car is secondary...For me, it's about the people (here on the Y-net...at the cruises...casual talk as I'm filling the Chevelle up at the gas station) both young and old. ![]()
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Bruce Choose Life-Donate! |
#9
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This all started out trying to explain something to a person who has a rare car sitting in their garage, wondering about selling it. Not as a global warning to all muscle car owners. Stuart- If you take a look at my website, you will see I don't have to tell my customers I'm overpricing a car- I am known for selling them at a price that usually leaves a little on the table for the buyer, instead of trying to squeeze the last dollar out of them. Many on this board know me and can tell you that is the truth. I'm not telling you all to panic sell your cars- I'm making a statement about trends based on the overinflated values of many cars during the last 2 years. Time will tell.
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#10
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[ QUOTE ]
Enjoying the cars of someone's youth or enjoying a special time gone by for those who weren't there, thru the stories and cars of yesterday is priceless---In the end all that really matters are the memories of good times and good friends---Enjoy the 60's/70s while they're here the second time around [/ QUOTE ] Your right!! My '72 Nova was my first car and I have a bunch of great memories. To me, the '72 is just as valuable as my Deuce.
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Mike 1970 Yenko Deuce, YS-84 1972 Nova SS 1987 Grand National |
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