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-   -   Has the world gone mad? Car prices... (https://www.yenko.net/forum/showthread.php?t=167568)

DW31S 06-11-2021 10:04 AM

The balloon can only hold so much air before it bursts…

Burd 06-11-2021 12:56 PM

Barrett Jackson has big balloons. Lol

mprice 06-11-2021 01:52 PM

Don't cash in your retirement savings and start buying cars because the next generations after us could care less about an original muscle car. Cars are strong now but I also feel the balloon is about to break. Despite the fact that the politicians in charge don't want to admit it inflation is everywhere you look and when that happens it effects everything even old cars. Maybe it is the last fling of our generation before giving up. I know it was a lot more fun when we could buy a nice restored muscle car for 30 or 40K and not have to mortgage the house to do it.

TMagda 06-11-2021 02:29 PM

Also I think guys that love muscle cars are getting to the age where it is now or never. I know that is the case for me at 61.

Pro Stock John 06-11-2021 03:50 PM

Quote:

Originally Posted by Lynn (Post 1551405)
Regarding the inheritance; I don't believe it is the MAIN factor. Even though I numbered them 1 and 2, I didn't mean to imply that was an order of priority or importance.

It isn't just that people are dying. It is the generation of folks who are dying; people that saved all their lives because the depression scared the chit out of them. I went to see my Mom after work today. She was wearing a robe that she made about 10 years ago. She still wears a winter coat she made. She didn't have a "store bought" dress til she went to high school. She mowed her own lawn until she turned 87. My Dad never finished HS and never made any decent money. My Mom stretched it beyond belief. Dad was making less than $5,500 per year in 1968, and they had four boys all in private schools. My Dad made the dining room table that is still in Mom's house. 40 years later, and it is still gorgeous. I didn't live in a house with central heat and air until second semester of my Sr. year in HS (1971). No big deal if you are in San Diego; big issue in central OK.

To that add this: over 572,000 more people died in 2020 than in 2019.

Yeah I have seen this too. It's said that each generation's perspective is very much shaped by recessions (and the depression).

There might be even more factors out there, fast wealth creation for some folks for example.

US population is aging as well.

1BADZ28 06-11-2021 07:19 PM

69 Trying to buy a 69
 
Yep, You guys are spot on.....The older guys like me ( 69 ) are wanting to buy a nice muscle car before they are too old to shift the gears....I have been looking for a nice 69 Camaro Z/28 or SS/RS since last fall. The only problem is I want one at a reasonable price and I just can't bring myself to spend 90 to 120K for a 69 Camaro. Its looking like I'm going to have to wait until next year ( or later) ...Then I will be 70 looking for a 70....:burnout::burnout:I really want a 69....Its just too crazy right now....Is there anyone left out there who is willing to sell a Camaro and not try to make a killing of a profit. The bubble will BURST someday guys,,,get it while you can......

jl8z28 06-11-2021 08:00 PM

Im glad i bought mine in the 90s i thought 16 to 20 grand was high then

dustinm 06-11-2021 09:34 PM

I remember these same conversations in 2006/7.

Mr70 06-11-2021 11:12 PM

1988/89 too..

Richls5 06-12-2021 12:10 AM

dealers are ruining it just as much...my brother had a ss clone shadow gray 70 chevelle he sold to a dealer for 34K dealer had it on their website and sold for 65 in two days. i wouldn't have given 25 for it..people are easily financing these cars and buying them sight unseen


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