Muscle Car Prices Rising Again - Stupidity

[xbgs351]

Originally Posted by 4Vman

Im not sure you can pigeon hole musclecar owners into just the baby-boomer demographic....
The 35-45 age group have probably bee the most agressive and active group in recent years for interest and purchases.

That pretty much sums up my experience. Guys in their 30's to early 40's who have their act together.

[GTPete]

Originally Posted by xbgs351

That pretty much sums up my experience. Guys in their 30's to early 40's who have their act together.

Thats what Ive seen as well. So given that a number of these cars are owned by people in their late thirties early forties, I dont think its unreasonable that these cars will hold/grow in value for at least the next 20 years.

[JACK250]

Originally Posted by trippytaka

OK, so I am going to get smashed here by some... but I honestly don't believe that any Aussie Muscle Car is worth a million bucks. We saw what has happened to the market since the GFC - XY GT Phase IIIs aren't even clearing for 400k.

So, anyway, it looks like prices are on the rise. I say, be careful... just like houses, if you pay too much, you'll get burned. And it looks like prices are about to strt jumping again. Here's my report from the weekend.

AUCTION REPORT

On that site it showed a factory 307 Kingswood that went for 17k which was "stupid money" and not worth that much? That's rediculous, the car looked to be in nice condition and do they not know a good paintjob can EASILY cost that by itself?

[potsyfromparkes]

Originally Posted by 4Vman

Look at share values.. they will return and grow over time, you only loose money if you sell during a slump!!

Exactly; I could not say it better. The same goes for people who play the stock exchange. Laughing all the way to the bank for years with the returns they got but started whingeing when the going got tough two years ago. You can't have it both ways and you can't win all the time.

[buggerlugs]

Bought My Mustang Fastback and XC Coupe for my son and myself to restore and enjoy. Couldn't give a bugger if prices go up or down..................