Posted by Hank on Tuesday, November 13, 2007 at 15:19:45 :
In Reply to: 1953 Dodge Pw for sale on craigslist. Ranting posted by Bill on Tuesday, November 13, 2007 at 10:56:42 :
... and evidence that this is right is that the value to vehicles from the 1920s and 1930s has arguably gone down in real value. Your Model A isn't worth as much today vs. fifteen years ago. My theory on this is that the people who had contact with these vehicles when they were new are getting, ah shall we say, fewer. Buyers with money and interest today are more likely to be children of the 1950s, not the 1930s, so that's where the collector market is hot right now. This logic says that we need to start stocking up on flatnose Chevy trucks and AMC Pacers now, while they are cheap.
I also think that Internet advertising tends to encourage sellers to "try on" very high prices, even though they will often ultimately take less. This is OK, see what the market will bear. If you don't like it, offer less.
Unfortunately, the Internet also seems to encourage sellers to "try on" bogus misrepresentations about the merchandise, which is not Ok. It could even be a felony given the high prices being asked if someone actually bought one of these things based on a false statement made by the seller. Be careful out there.
H
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