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Old 06-03-2019, 06:58 PM   #3
WABOOM
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Join Date: Jun 2018
Location: Minnesota
Posts: 347
Default Re: '36 Five Window Coupe at RM auction

I'm not saying this is what happened but I read an article about classic cars declining in value. Author cited statistics about the younger generations having very little interest in nostalgia. Especially when it comes to long term ownership of material possessions. Apparently high schoolers are not even getting their driver's licenses at the rate previous generations did. Also adults with parents who pass away just sell everything for whatever they can get having no interest in maintaining a 75 year old car. This will lead to oversaturation in the market and drive values down even more.
Food for thought.
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