The Next Crash: Muscle Cars?

[BigGuynRusty]

chopper wrote:
My high school car was a ratty 1970 GS. Let's just say that the person who is attracted to the GS line of that era is probably not your normal hot rod collector type.

"A Grand National with very low miles is worth more now than 20 years ago new."

I'd say that is good evidence right there that the market is overdue for a reality check.

All those cars, from a decent Falcon ragtop to SS396 to a 63 Impalla SS to a '70s small block Vette are, at best, $10k cars.

Don't get me wrong, they're cool cars. But they were never worth big money and my bet is the prices on a lot of them are going to crash now that Mr. Graybeard owner guy's bank is calling about his home equity loan for that "new bathroom" he put in back in '03.

Maybe I mistyped, it isn't rarity alone that makes a car worth $$$, it is also the desire for the vehicle also.
There are hundreds of cars that are super rare, but very few that are that desirable.
If you can find a Chevelle SS396 for $10K, buy it.
You don't understand the rarified strata the folks that are buying these cars live in.
Mr Graybeard??
He isn't worried about a pittance loan for a bathroom remodel, he just moves.
I have several friends that regularly buy horses for cash on hand.
I've witnessed $500,000 cash change hands for a horse, this was the cash she had in the house, nevermind in her safety deposit boxes at the bank.

BGnR