Are prices really as high as they seem?

General Discussion

2 replies in this topic | 740 reads
Joffroi
Administrator
#1

I'm hardly seeing any ads for Oldsmobiles under 20k anymore. Is it inflation? Are they just getting harder to find? It almost seems impossible to get into the hobby without having a good chunk of money now.

Basil
Newbie
#2

yes they are ... and in spite of some die hard believers , in another few years when the boomers pass and the X'ers ( all the ones who drove these cars as teenagers ) pass , lots of expensive personal storage space will have to be cleared and the market will adjust . Most of these 25k cars , should be closer to 1/2 of that . This hobby was never about recouping your " Investment " ; With that , i'll be grinning when the speculators take their WELL DESERVED HIT .


Joffroi
Administrator
#3
Basil wrote:

yes they are ... and in spite of some die hard believers , in another few years when the boomers pass and the X'ers ( all the ones who drove these cars as teenagers ) pass , lots of expensive personal storage space will have to be cleared and the market will adjust . Most of these 25k cars , should be closer to 1/2 of that . This hobby was never about recouping your " Investment " ; With that , i'll be grinning when the speculators take their WELL DESERVED HIT .

I can see this happening as well. It will be interesting to see!

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