Declining collector car market ??

[Stuart Adams]

Stefano Clean out your PM's.

I like #1 cars and usually pay too much, LOL. #1 cars and rock soild paper will always be good, IMO. Prices are kinda stabilizing a little it seems. Everything else is a crap shoot.

[bruno17]

I went to Mecum in Oct.hoping to capitalize on a stronger can.dollar and a "falling" muscle car price trend.I thought great cars with paperwork or "patina" were as high as I've seen.The ones that lured me there from the preview catalogue were not what I thought they'd be.Nice cars though......missed the dk.brown 69 442 4sp. that car was a deal! Anyone here buy it?

[Mr70]

I don't see this as a decline happening,but more as a wider division in the market occurring.The really well done quality restorations,as well as rare or unique documented vehicles are asking AND getting top dollar today,and rightly so.
It seems to me that the driver quality,less attention to detail and more commonly produced vehicles that were once riding the financial coat tails of their better blessed brethren are now the ones that are having trouble selling at prices that are no longer seen as acceptable.

[budnate]

I think this sums it up best, that were once riding the financial coat tails of their better blessed breathern,

I have also noticed edgy/driver cars not selling out hear the last 6 months, last year they went fast, guys are getting a wakeup call on selling crap with so so paint joe average cant see through.

nice cars are just fine in the market.


[ QUOTE ]
I don't see this as a decline happening,but more as a division in the market occurring.
The really well done quality restorations,as well as rare or unique documented vehicles are asking AND getting top dollar today,and rightly so.
It seems to me that the driver quality,less attention to detail and more commonly produced vehicles that were once riding the financial coat tails of their better blessed breathern are now the ones that are having trouble selling at prices that are no longer acceptable.

[/ QUOTE ]

[Stuart Adams]

The average car price was inflated by the good cars, now average pocket books don't buy average cars.

[Zedder]

Some very good points here! I also think that the ceiling has been hit for driver quality cars and my experience is that anything more than $65K seems to sit for a while before it sells. Perhaps this is the top of the comfort zone for many? There is no doubt that "real" paperwork is carrying more weight than ever before and that "certifications" are not nearly as desirable nor as valuable as they were a year ago.

[Late BrakeU2]

Agree with youz guys.Like any other passionate hobby the deeper you get the more discriminating and refined those interests become.Lots of boomers bought muscle as a rennaisance to their youth,and that certainly allowed for the "all boats rise with the tide" effect of the last few years.The percentage of people who own them know relatively very little(or even care)about the stuff we are rabidily uncompromising about.So yes,the clones will continue to remain soft and the pedigree cars will hold their water because there are a limited amount of them in circulation,and enough purists with uncompromising taste.This doesn't even address the increasing costs of restoration-so a done car that's "all there" will not only offer instant gratification,the costs are finite,not to mention the anguish of waiting two years to enjoy it.
Of course for some the joy IS the restoration!