Quote from: stephen_becker on January 30, 2024, 02:47:11 PM
https://www.hagerty.com/media/market-trends/with-inflation-the-collector-market-has-retraced-itself-to-december-2019/
As with anything else, the market is subjective to the specific car, and not the market as a whole, at least when it comes to vintage Shelbys. Sure there are still outliers that make people think the whole market is on a downward trend, but some of that has to do with some of the larger pocketed buyers having already found what they want for their collections, taking them out of the equation. Of course, and I've said this for 35 or so years, all it takes is two people who want the same vehicle to cause the market to skyrocket. The same applies when one of those people is no longer in the market, thus causing a perceived free fall downwards. I see a lot of folks in the stock market and residential and commercial realty like that as well.......Now is not the time to panic and sell, sell, sell, now is the time, while we are still able, to enjoy what we have. If you want to sell, sell, but if you feel that you need to sell, afraid of missing out on the higher market that was here this time last year, then perhaps viewing the antique car in your garage as an investment, instead of a toy, was not the best idea. In other words, if you are in that last mindset, lets face it, you already missed the high of the post Covid market madness, so sit back, and just enjoy the car, even if it means going out to the garage once in a while, pulling the car off, and just staring at the beautiful lines of whatever is in front of you.
Just my two cents worth.
Bill