Thread: Car at auction
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Old 11-13-2020, 06:36 PM   #32
Jeff/Illinois
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Default Re: Car at auction

I have not witnessed much of a decline in the value or desirability, in antique, muscle, and collector cars. The good ones, like this '41, will still bring strong dollars.

Mecum sold a really nice '34 Ford Roadster pickup in Davenport, Iowa last spring for $104,000. That is some serious money.

I am old enough to remember the gloom and doom days of the 1973 oil embargo, when everybody who owned SS Chevelle big blocks, 429 Boss Mustangs, etc. were trading them in for Pintos and Vegas to try to get something with a little better gas mileage. And did they ever take it in the shorts when they did that.

Look what those cars sell for today. The smart guys kept their heads about them and held onto the cars.

If they go up in value in the future, well OK. If they crash, that's OK too who really cares. The ones burned the most will be that guy that spent a quarter of a million dollars on a '70 Boss 429 that may be worthless in a few years if the politicians have their way. They got into the game too late. But if you have that kind of dough to play with you're not going to miss it anyway
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