What I find interesting is the collapse of US muscle car prices. If you
think about it, this makes alot of sense. Detroit made huge numbers of
these cars, so the prices of 30, 40 50K+ during the boom time didn't make
alot of sense when 1-2 million exact copies were made. Therefore the prices
on these have come down. Maybe a good time to buy some detroit iron!
On the other hand with Healeys, only a handful were made by comparison, this
means they are still in demand, and prices are maintained.
Alan
'52 A90
'53 BN1
'64 BJ8
On Wed, Nov 26, 2008 at 11:24 AM, <GSFuqua1@aol.com> wrote:
> I'd say a 2% drop in the Austin-Healey would fall into the normal range of
> error in almost any survey. While Ferrari and other very high dollar cars
> may
> suffer a large drop they also enjoyed a very fast and high run up in
> value.
> I still have customers that are looking for good quality cars. Maybe not
> a
> $100K trailer queen but a $40K to $50K nice driver is still in demand.
> Besides, most people I know would rather be able to go out into the garage
> and put
> their hands on some of that wealth or even take it for a spin. Tough to
> do
> with stocks & bonds that are controlled by a select few high powered
> trading
> houses.
>
> Obviously just my 2 cents but their are quite a few I know that share this
> feeling.
>
> Cheers,
>
> Gary Fuqua
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