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> input on collector car values this summer, which way do you see them going?
orange914
post Mar 30 2010, 10:51 AM
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o.k., i'm wondering what the 914 crew foresees in the crystal ball. i'm parting with my 67 mustang of 22 years and just sent off my barrett-jackson application for june- l.a. auction. the only reason i'm parting with it is a realstate opertunity. i will hold it if the market dives. what are your thoughts on the collectorcar market tread in the next 6 to 12 months? i have 2 interested parties but as soon as i agree to sell at b.j. it's off the outside market.

(IMG:style_emoticons/default/confused24.gif) (IMG:style_emoticons/default/confused24.gif)

mike
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jasons
post Mar 30 2010, 11:00 AM
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They are like any other market right now, and for the next 6-12 months. They will be slumping. I see it this way for you... You are not going to get the best price for your car right now, no way. But, you are buying another commodity that is also in recession, real estate. So, I would look at future opportunity, which is going to appreciate the best?

Now, 6-12 years is another answer. I had a very nice 65 fastback, about 12 years ago. I couldn't give it away then for $10k. I can't buy a similar condition fastback today for $10k. Even in this market, that car is around $20k unless you score.

Good luck with the sale.
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Tom_T
post Mar 30 2010, 11:11 AM
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QUOTE(jasons @ Mar 30 2010, 10:00 AM) *

They are like any other market right now, and for the next 6-12 months. They will be slumping. I see it this way for you... You are not going to get the best price for your car right now, no way. But, you are buying another commodity that is also in recession, real estate. So, I would look at future opportunity, which is going to appreciate the best?

Now, 6-12 years is another answer. I had a very nice 65 fastback, about 12 years ago. I couldn't give it away then for $10k. I can't buy a similar condition fastback today for $10k. Even in this market, that car is around $20k unless you score.

Good luck with the sale.


I pretty much (IMG:style_emoticons/default/agree.gif) with that re. any collectibles.
... sent you a PM with my #
Tom
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