Re: I need help to authenticate a LS6 Convertible
If the debate at this point is primarily centered on the popularity / value of musclecars 10-15 years from now then I would agree that there will be a decline in interest due primarily to shifting demographics as has been noted.
In the meantime, 10-15 years is a long time from my perspective to enjoy and benefit from these cars. Some of us will enjoy them longer than that regardless of market conditions. Prior to this oncoming potential shift of interest I believe most will continue to benefit financially by their ownership of these cars. One could make a case that the market could even get stronger for these cars. Anyone know what a narrow trading range stock market is? We're in one now that has lasted approx. 6 years where gains have been minimal overall. These narrow trading range markets can last 10-15 years. There have been several of them since the beginning of the stock market. The last lengthy one was from '65-'81. Factoring in inflation during this period investors would have lost approx 1% on their investments over this 15 yr. period. Some believe we could be headed into another long narrow market for years to come. If that develops these cars could continue their rate of appreciation as some traditional investors look for other investment channels in which to place some of their money.
Back to the original post I hope Mr. Castine and his buyer come out OK on this. Eventually some enterprising car enthusiast/s is going to grow a consultant business to help combat unsuspecting buyers. I'm not talking about brokers or services that rate the general condition of a car but someone who knows certain makes/models and might charge a fee to examine a car and its pedigree. I know there are some businesses out there that offer this type of service already but they are generalists at this point. I'm talking about the guy that knows his Chevelles inside and out or Camaros, or whatever. Someone who represents a buyer but has no financial incentive whatsoever in the purchase or sale of the car. May not be able to guarantee 100% protection of fraud to the buyer but I'll bet many would still use the service if this specialist has or grows a positive reputation. In the meantime this website and others do a good job of keeping some of us informed.
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