1970 Yenko Deuce

[Belair62]

People paying high prices for these cars are buying them because they want them...B/J is only an outlet for that. Circus and all. Prices don't equate to what happens there. Very low production and rare muscle is always going to be expensive until guys my age retire and move to Florida. That won't be for a while ! Middle of the road cars is where people are paying too much...by people trying to tap in on the B/J hype.

[budnate]

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People paying high prices for these cars are buying them because they want them...B/J is only an outlet for that. Circus and all. Prices don't equate to what happens there. Very low production and rare muscle is always going to be expensive until guys my age retire and move to Florida. That won't be for a while ! Middle of the road cars is where people are paying too much...by people trying to tap in on the B/J hype.

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I see more people around here interested in muscle or be it a early car with mags and some other touches of any sort..due to ?? who knows...but they are grabbing up middle of the road drivers fast and playing with them...then the old supply and demand thing kicks in..if its fairly clean with minimal rust they sell fast...and it looks like that trend online as well...

I have non car people that know I love cars mention BJ more and more in conversations at kid functions etc...the money has gotten a lot of people excited one way or another..or at least asking whats going on...and maybe that old heap there husband has buried in the garage since they were married may be something after all...

[Mr70]

My 91 year old grandmother,who doesn't even know what day it is says:
"That Barrett Jackson boy is doing alright for himself."

[Late BrakeU2]

[ QUOTE ]
People paying high prices for these cars are buying them because they want them...B/J is only an outlet for that. Circus and all. Prices don't equate to what happens there. Very low production and rare muscle is always going to be expensive until guys my age retire and move to Florida. That won't be for a while ! Middle of the road cars is where people are paying too much...by people trying to tap in on the B/J hype.

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Exactamundo!

[Stuart Adams]

I agree with ya Bob. The expensive rare cars are dragging up the prices of the average stuff, those cars will take the hit first, if ever IMO.

Prices of EVERYTHING is wild. A patient just bought a second house on the beach in Southern California for 2 mill, bulldozed the old house, and is rebuilding a new house on the lot!!! Just like the nice rare cars, they aint making beaches anymore!! People will pay top dollar for the GOOD stuff, IMO.

[redeuce]

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.

[TDW]

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?

[Belair62]

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But as an appraiser and seller of muscle cars for 11 years, I see something brewing down the road.


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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.

[Stuart Adams]

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.

[Jim Mulvey]

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.