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Subscribe to this threadMuscle cars continue to fetch big bucks
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It's middle aged men! @ Jun 5th 2006 9:20PM
Collector cars have long followed a life cycle price curve:
1. The car sells new for more than most kids and teenage buyers can afford (think WRX STI today).
2. Those young buyers get on with life and buy practical sedans.
3. The people who lusted after the car as a kid earn $$$ and decide to fulfill a childhood wish. The cars become more desireable.
4. There's an economic boom and the prices skyrocket.
5. The buyers get old/die and the cars enter the museum market (think about how many teenagers like "oldies" music or 60s and 70s rock).
Model T -> 55-57 Chevy -> Muscle Cars -> next up...the 308 Ferrari from Magnum P.I., the Lambo Countach...then Rice Rockets...