Top Sale at Mecum Houston
#41
Just an Olds Guy
Join Date: Jul 2008
Location: Edmonton, AB. And "I am Can 'eh' jun - eh"
Posts: 24,525
The days of buying cheap cars are over with,granted there's a deal to be had every now and then but for the most part,it's over. ..............I'm glad that Olds are getting some of the spotlight too. Some of the same guys who complain about the high prices of cars are the same ones who don't think the same way when it comes time to sell.
I know that when or if I ever sell my car there's no way on God's Earth I'll ever get what I put into it, so it'll come down to whatever the market will support. Too many folks ask for the moon IMO, but that's their entitlement. Then, as you say there are also those with deep pockets who really seem to be into the speculation market. Hard to say who the real winners will be on this one.
#42
I agree, too. While I'd love for every collector car to cost just $5k -- I'd own a fleet! -- the high prices we see today are perfectly fair, even undervauled in many cases.
We all know that a car is never worth as much as we put into it to restore it, especially if value is assigned to the time we spent. And for those rare cars which are so original and so perfect they don't need a restoration, well, by definition they are so rare and desirable they should be worth a fortune.
There's no collusion, no conspiracy, and we shouldn't begrudge those who have the financial means to pay the true value for these cars.
We all know that a car is never worth as much as we put into it to restore it, especially if value is assigned to the time we spent. And for those rare cars which are so original and so perfect they don't need a restoration, well, by definition they are so rare and desirable they should be worth a fortune.
There's no collusion, no conspiracy, and we shouldn't begrudge those who have the financial means to pay the true value for these cars.
#43
I could cash in stocks and go to B-J and buy the ultimate. But, that's not what keeps you having money. My cars are sentimental. My Chevy was my grandfather's, my Olds I bought to have a project to work on with a good friend while in school, the Fords I will get from my father are his, and one day, when he's gone, I'll have his Corvette, too (and I am not looking forward to that day.) Classic cars are my hobby, not my business, and I don't intend to sell. It's nice to have value increase in case of needing money in a bankrupting emergency, but I'd rather the prices stay sane.
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Flannman70
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June 30th, 2017 01:43 PM