Good Analysis


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Posted by gmharris [71.105.44.68] on Wednesday, July 17, 2013 at 13:47:44 :

In Reply to: All collectables peak with income of collectors posted by Dan Shockley [205.142.232.18] on Wednesday, July 17, 2013 at 11:15:52 :

I've read several articles about the decline in the percentage of young people with driver's licenses.

The collector car market, like the stock market, is driven by fear and greed. The fear factor is taking over as prices drop.

Usually, prices on a commodity drop to a certain point and then begin to rise again as the fear factor diminishes and the greed factor kicks back in.

That's the way the stock market works, but the commodity vehicle market will not respond that way. Unfortunately, as has been pointed out, the demographic most interested in buying muscle cars (and FFPW's) is aging. Baby boomers are not going to be interested in maintaining muscles car from their retirement home, and younger people have no interest in these vehicles.

Museum-quality collectible cars will always be valuable, but ordinary vehicles, such as FFPW's will see a decline in interest, not that there is really a wide interest in them now.





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