 input on collector car values this summer, which way do you see them going? |
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| orange914 |
 Mar 30 2010, 10:51 AM
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#1
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http://5starmediaworks.com/index.html  Group: Members Posts: 3,371 Joined: 26-March 05 From: Ceres, California Member No.: 3,818 Region Association: Northern California  |
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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| ghuff |
Mar 30 2010, 01:33 PM
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This is certainly not what I expected down here. Group: Members Posts: 849 Joined: 21-May 09 From: Bodymore Murderland Member No.: 10,389 Region Association: MidAtlantic Region |
You guys are forgetting a crucial factor that plays into the fact that in a few years, all classics WILL be going up in value, especially highly undervalued cars over the past few years.
I have an in with the scrap business and have for years. We just went through a cycle where scrap was at an ALL time high, and EVERYONE with junk cars stored, were crushing them. I can not telll you how many restorable cars, and good parts cars have been crushed due to that. My source who runs a yard himself and did crush a lot of nice stuff that I begged him not to knew a man in delaware or NJ I can't remember, with 50+ acres of cars driven there and left. When scrap shot up, he was sending semi truckloads of them out to be crushed for money. All the underdogs.... Everything became a LOT more rare after this..... VW Rabbits? Yeah good clean ones go for thousands now, not even the GTi models. Scirocco? Clean ones are 5k for a 16v. a 1st gen clean? Same, possibly more.... To the point, they are going to stay depressed through the recession(depression if you ask me), then once people get some cash and chase these cars they will go up in value due to demand and what is now a lack of supply. |
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| orange914 |
Mar 30 2010, 01:42 PM
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#3
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http://5starmediaworks.com/index.html Group: Members Posts: 3,371 Joined: 26-March 05 From: Ceres, California Member No.: 3,818 Region Association: Northern California |
QUOTE(ghuff @ Mar 30 2010, 12:33 PM)  To the point, they are going to stay depressed through the recession(depression if you ask me), then once people get some cash and chase these cars they will go up in value due to demand and what is now a lack of supply. yes, i'm hoping the false mo' money obama "bubble" we are suposedly starting right now will stay inflated thru this summer. |
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Posts in this topic
orange914 input on collector car values this summer Mar 30 2010, 10:51 AM
jasons They are like any other market right now, and for ... Mar 30 2010, 11:00 AM
Tom_T
They are like any other market right now, and for... Mar 30 2010, 11:11 AM dr914@autoatlanta.com
o.k., i'm wondering what the 914 crew foresee... Mar 30 2010, 11:11 AM Scott Schroeder I would try and do everything possible to sell it ... Mar 30 2010, 11:16 AM orange914
Does BJ publish a list of their prior listings b... Mar 30 2010, 12:43 PM underthetire Just make sure there are no storm warnings for the... Mar 30 2010, 12:06 PM scotty b Collector car market is cyclical. Muscle cars are ... Mar 30 2010, 12:51 PM jasons It wouldn't surprise me if getting a prime-tim... Mar 30 2010, 12:56 PM orange914
It wouldn't surprise me if getting a prime-ti... Mar 30 2010, 01:28 PM patssle Due to the recession, it's a bit like the home... Mar 30 2010, 01:56 PM |
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