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Old 12-02-2003, 03:40 AM
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rich p rich p is offline
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Default Re: Prices, Up, Down or Sideways

Pricing !Great topic. Been doing this for a long time and mainly work with some of the biggest(rare) Muscle cars out there today.I tell my clients you cant get hurt buying top notch cars and sometimes you need to step up and pay for pedigree and top caliber cars. Paperwork means alot when paying big money. Projects su*^k and when you pay for a project car,plan on not seeing it for years in the resto shops and plan to pay 20%+ more then what they tell you.
Cars going down soon in prices? [img]/ubbthreads/images/graemlins/no.gif[/img] These cars are not getting cheaper to build and parts are impossible to find or hand them your wallet.
Most of the (rare)cars are owned by collectors with more than one car. These are people that don't need money. Can you see them paying 150,000 and two years selling for 75? I dont think so.
Supply and demand.
Supply is limited and demand is out of control.
Look in Hemmings 2-3 years back. Example: Hemi Cuda's
3 yrs ago there were plenty. Last week, Last month, Last year there was very few for sale at all.
ZL1 Camaro's then $100,000 now $300,000 Would someone here sell their ZL1 Camaro for $100,000 [img]/ubbthreads/images/graemlins/dunno.gif[/img] Doubtful.
I use what I call a food chain. These are all going up in prices.ZL1 Camaro 300 + or - Yenko Camaro $125-160 Look at COPO's. Nobody wanted to pay 75, now look when a killer Copo hits for 90's, the car is gone in 30 seconds.
Barratts couple years ago. TA and AAR sold for high 60's and 70's. Small block cars in that price !! Who would have predicted that. Its a food chain 71 Hemi Cuda convert $1,000,0000 Food chain down 71 Cuda hardtop $300,000 and going up for the right pedigree.What would make these cars go down in price's? Look where a 70 Judge convert is now !! 70 Hemi Cuda's, no one is selling a 4 speed under 130. Last year they were 100. Im getting calls from people who have paid over 80 for 70 Cuda 6 Packs. WOW Prices are not going down anytime soon.
Stock market makes money and people are spending more money on the toys they like.
Problem is there is a lot of people trying to cash in on these people and sell fakes and garbage cars. When paying for these expensive cars you need to hire an expert to inspect them. If you don't know better. Hire someone !!
I know half these people in this website have done a resto and ask them, its HELL.
UNLESS you find a VERY RARE car and production #'s are low(sometimes we dont have choices).Buy it !!
Sorry guys I can go on forever but I REALLY hate typing.
Jump in on the Muscle car market. Buy from your heart and you cant get hurt !!!! [img]/ubbthreads/images/graemlins/scholar.gif[/img] [img]/ubbthreads/images/graemlins/beers.gif[/img]
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Not a dealer!! 30yrs plus working with private collectors selling and buying from private collections!! Will not rep bad cars or the people selling them...
Always looking for more RARE Muscle cars and true collectors looking for no issue cars ... THX Yenko.Net
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