Quote:
Originally Posted by BARRY
lets jump 10 years what will a 1969 z28 worth 40, tops the market will change as we get older .... my kids don:t want these cars. and with electric cars coming in...
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I have been saying the market is softening for a couple years now. I recall about 2 yrs ago here, guys were getting upset there '69 Z28 were not bringing the high numbers. I think the one guy wanted mid $80's and was only in the 60's at an auction.
It's simple supply and demand. Supply is holding stead or increasing in anything but 100 point cars. BUT demand is going down. That why you hear of the "collections" being sold off by the guys that don't really look closely at the prices. Guys like Pratt. If he wanted it he would just bid to he was uncomfortable where it goes. Once guys like him and other big name/dollar guys start dumping and not re-stalking there collections, the prices and demand starts to shrink.
I to want to do this as a bit of an investment too. But all but maybe 3/4 cars would have to be bought by me head, not may hart. I would pay what I would consider OVER market for the just right '67 427 Vette or '68 GTX. NOT AT THIS TIME THOUGH. The Vette will be a tribute to my father who passed in 2018. The '68 GTX was my FIRST car when I turned 16. So it holds a spot in my hart.