Musclecar prices and the possible recession

[Mr70]

Clearwater Beach Florida today.
https://mashable.com/article/coronav...al-distancing/

[Billohio]

Sad thing in that picture, not all are college kids. If people are not smart enough not to go, they should close the beach. Florida had 4 cases when I left a week ago and now over 300. There seemed to be several along the west coast.

[Lynn]

Italy is over 8% death rate now.

The U.S. is at 1.5%

Canada at 1.3%

[Lynn]

Just my opinion, but I would like to see two different threads going here.

One should be limited to just how the recession will affect classic car prices.

The other, just a general discussion on Covid19. I have chimed in here two or three times, but I never once mentioned my classic car values. I don't really care about that, as I bought none of them as an investment.

I don't expect a mod to try and separate this one out, as I am guessing it would be way too time consuming. Maybe close this one and direct traffic to two new ones?

Just thinking out loud.

[70 copo]

Lynn,

I think it all really hinges on the economy and the kind of shift in the economy when it returns.

Whatever it becomes, I suspect or reliance on China becomes less over time in several key areas.

If that translates into good paying blue collar/white collar jobs with higher wages then that may be very good news for the hobby.

[markjohnson]

I feel similar about not caring about the worth of my musclecars because they were never investments to me. What I do care about is just being alive & healthy to enjoy them.

[Charley Lillard]

I'm sure musclecars will be affordable to more people now. I doubt if I could break even on my 66 Chevelle or 66 Bonneville now.

[Lynn]

Yeah, Charley, but they are no less beautiful, fun to own and fun to drive, right?

[Charley Lillard]

They just sit.

[Steve Shauger]

Originally Posted by Lynn

Just my opinion, but I would like to see two different threads going here.

One should be limited to just how the recession will affect classic car prices.

The other, just a general discussion on Covid19. I have chimed in here two or three times, but I never once mentioned my classic car values. I don't really care about that, as I bought none of them as an investment.

I don't expect a mod to try and separate this one out, as I am guessing it would be way too time consuming. Maybe close this one and direct traffic to two new ones?

Just thinking out loud.

I started a Corona Virus Discussion thread here: https://www.yenko.net/forum/showthre...17#post1489317