Ity seems when looking at ebay at the muscles car prices on ebay very few cars are making the reserve. I see then being relisted with lower reserve and still not making it. You guys think it is a sign of the total picture on the the muscle car prices are going down or too much BJ thinking?

Probably a case of cars being a little overpriced to begin with. Maybe people are starting to be more discriminating on what cars are really worth the money. And like the housing market, where people were just buying houses to flip, it prices can't keep going up forever. I don't think the prices are going to crash, more likely, as the talking heads on tv says, its more like a correction. unlike houses, they don't make anymore 70 chevelles,camaros,GTOs etc. Jim

The market prices have been driven for the past decade by speculators. BJ is basically a speculator market. How many times does the same car appear 2-3 years after it sold the first time with the seller looking for big profits? How many cars do you think rotate through a select few "collectors"? More than you or I can even imagine.
Too many people watch this stuff and think no matter what a car that has a cheap paint job that shines is worth close to what these inflated BJ prices are. This is a long over due correction, just as the housing market is seeing now. Will values overall decline? For the top end cars, probably, for the kind of cars most of us own probably not, or very little difference in price.
Chevelle prices have been way higher than deserved over the past few years, especially when you figure out that these cars are not all that rare, they made TONS of them, and tons of them are still around. A SS having a value 2,3 4 times higher than a non SS is really out of line, and a correction is probably past due.
WHen speculation drops prices drop, that money is going into some other kind of investement. Less money for the hobby means fewer buyers., The law of supply and demand at work.

I track these cars with a passion and I agree some big adjustments are coming. Here are my thoughts why.
1. The cost of living is increasing far faster than increases in income. It is drying up the pockets of the working man who represents the biggest % of car guys.
2. As these prices escalated over the past 10 years an unbelievable number of cars were built. Some great , some horrible and a world of real nice drivers. These cars are for sale everywhere: putting a lot of pressure on the market.
3. The rich have driven this market with their lust for the ultra rare which represents something the working man cannot have. They will move on as they become bored and into something else. Speculators too. We see it here in Texas with land. There sure won't be any more of it made.
4. Here we are talking about this adjustment in early spring not the beginning of winter when prices start to soften. This winter might represent a great buying opportunity.

I think we are starting to see several things unfold. As i like to buy and sell several cars a year I have become very cautious. I recognize my market at $20-25K and a car better be pretty nice and a 4 speed for me to have $25K in it. As this market adjusts there is too much downside risk. My biggest hope is the dealers and speculators get caught and it all returns back to us : car guys

You can still get deals on cars. It is back to the same old thing. Right place, right time. I have a friend who flips muscle cars and the number one thing he has going for him is he can come up with the finanacing immediately. I think the market is really getting saturated with alot of nice cars and that drives the market down. Supply versus demand. The guy Peter was talking about the muscle car market in a recent episode of Dream Car Garage and even he said in about 20 years the huge demand for our cars will dwindle because it will be lost in the next generation. There will always be the sought after rare cars for sure but in general the market will have more cars than there are people interested in them. I am 37 and most people 15 years younger than I could give a rats butt less about mescle cars. They want their imports and mordern era supercars. If I had half a brain, I would go find a GNX and just sit on it for 30 years. That would be my retirement.

I hope the prices hold out at least for a few more weeks until I get my COPO Resto-Mod sold. :D

After that, I would be glad to see em get a little more affordable.

The window of difference in value between Original #'s matching and Custom builds has been closing slowly over the last few years. Custom cars are being compared for quality and performance more than ever before. It is about time.
Tasteful project builds deserve respect.
Supply and demand will dictate where pricing goes. With a downturn in the economy prices will drop. Never sell my car anyway.

As far as E-Bay goes, I think most guys are using the site as a marketing tool. They set the reserve so high that it won't sell on E-Bay, but I'll bet many are sold after the auction ends out of E-Bays' pricing grasp. That way the seller only pays for the initial listing and not a final valuation price which is a BIG $$$$ difference.

As far as E-Bay goes, I think most guys are using the site as a marketing tool. They set the reserve so high that it won't sell on E-Bay, but I'll bet many are sold after the auction ends out of E-Bays' pricing grasp. That way the seller only pays for the initial listing and not a final valuation price which is a BIG $$$$ difference.



That is exactly what I think. :beers:

AND I AFFIRM. THAT IS A GOOD STARTING PLACE FOR PEOPLE TO SCRATCH THE SURFACE ON WHAT'S IT WORTH. I HAVE ONLY BOUGHT 1 THING OFF OF EBAY AND I REALLY SCREWED MYSELF. JUST GOT CAUGHT UP IN IT:sad:

As far as E-Bay goes, I think most guys are using the site as a marketing tool. They set the reserve so high that it won't sell on E-Bay, but I'll bet many are sold after the auction ends out of E-Bays' pricing grasp. That way the seller only pays for the initial listing and not a final valuation price which is a BIG $$$$ difference.

The final valuation fee is NOT a percentage on Motor Vehicles. It is a set price no matter what the final price of the car.

http://pages.ebay.com/help/sell/motorfees.html

I disagree with Peter 'what's his name'. When I was 12 years old in 1973, I was totally enamoured with the 'new' muscle cars roaming my neighborhood and have been ever since. I couldn't have given a rat's a$$ about 30's 40's and 50's cars.

I still am in love with muscle cars and always will be. However, my appreciation and desire for the older cars is growing on me as I desend into my golden age. Hopefully in 10-15 years I will be able to afford a few of each.
I believe that the youth of today will also find cars of the 'Golden age of automobiles' very appealling, collectable and pricey. We all get wiser as we age and become educated on what's worth what.

I also believe that the performance cars being made, RIGHT NOW and in the next few years, like the Mustang Shelby, ZO-6 Vettes, the Challenger and the 09 Camaro will be VERY collectable 20-30 years from now. History has a way of repeating itself and I find today's world a little bit like the late sixties in regard to performance cars of today and an up-coming end of fun cars in 5-6 years due to gas prices, conservation and government.

The market is leveling off and bringing some of the dreamers back down to reality. The hobby as whole has proven to be GROWING. Check out SEMA, they'll prove it to ya. The well built cars are getting better and better. I'm 46 now and when I have disposable income in twenty years from now, I'll be buying more cars. I'm pretty sure there are many more like me, where the affliction of cars will be with me till the day I die.

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[Quote]The final valuation fee is NOT a percentage on Motor Vehicles. It is a set price no matter what the final price of the car.
thats what I thought it was, a set price no matter what the final selling price. So I guess back to square one on the theories

I'll be the first to admit I payed way too much for mine. But it's something I've
always wanted ever since I was a kid back in the 70's. I'm just at a stage in my life right now to where I could afford it so the price was not much of an issue to me. I do wish now that I would have held out for a better deal but the bottom line is I got what I wanted, so it's all good.:thumbsup: By the time I am done with my car I will have way more into it then what I will ever get back out of it.:beers:

[quote]The final valuation fee is NOT a percentage on Motor Vehicles. It is a set price no matter what the final price of the car.
thats what I thought it was, a set price no matter what the final selling price. So I guess back to square one on the theories
Thanks for the info, I didn't realize that Motor Vehicles were different.

I'll be the first to admit I payed way too much for mine. But it's something I've
always wanted ever since I was a kid back in the 70's. I'm just at a stage in my life right now to where I could afford it so the price was not much of an issue to me. I do wish now that I would have held out for a better deal but the bottom line is I got what I wanted, so it's all good.:thumbsup: By the time I am done with my car I will have way more into it then what I will ever get back out of it.:beers:


Hear hear!

Yep, this is my story EXACTLY. ;)

Also, I hope you're right about the cars of today being collectable in the future (whoever said it) but I'm just not sure. I was really looking at the new Mustang to satisy my muscle car urge but it just didn't feel right. Too much plastic and "cheapness" on the interior, too much computerization of the drivetrain. Awesome performance but it's missing something, eh?

I did some soul searching and came back to the real muscle car era because of nostalgia and the fact that everything is analog. Springs and steel, leather and chrome baby! :cool:


(Although I just may have to find some cash for the new Challenger IF IT EVER GETS BUILT!)

I'm thinking the same thing, that new challenger does look sweet, I'm also digin the new camaro. Chevy should offer the 572 as an option on the new comaro and I would be all over it.:thumbsup:

The final valuation fee is NOT a percentage on Motor Vehicles. It is a set price no matter what the final price of the car.

http://pages.ebay.com/help/sell/motorfees.html



Yep, the final price fee for selling a car on ebay is $50.00. I've sold a couple of cars on there and usually pay around $100 bucks to sell on ebay. $40-$50 to list it and $50 for final fee.


:D

I'm thinking the same thing, that new challenger does look sweet, I'm also digin the new camaro. Chevy should offer the 572 as an option on the new comaro and I would be all over it.:thumbsup:

They won't offer that motor in the 09 Camaro, but, just like in 69 when the L-88 was available at any parts counter, so is the 572. Build your own, or better yet, talk your dealership into installing it, a modern day Yenko, Baldwin or Nickey!!!!!

A more likely scenerio would be to install the ZO-6 motor with a few add-ons. THAT is possible and Baldwin will be doing something like that.

I've often heard of the theory that the market will eventually crash due to the buying generation dying off and increasing supply, and that the next generation won't find value in this era of cars.

I don't know.

When I drive thru my subdivision there's always a large group of 10-14 year old kids playing basketball or tossing a football.

One will spot the Chevelle, point and scream.... All of the kids stop.... and there mouths drop... I can hear several scream "Whoh" as I drive by.

You can't walk by a Magazine rack in Barnes and Noble without seeing a Red 1970 SS on one of the covers.

These cars have grown into legends... Those kids in my neiborhood have no idea what they're seeing drive by, but they know it's special.

Those are the kids that will someday tell the story of how there was a Red 70 SS Chevelle prowling the neihborhood when they were a kid and ever since that day they saw it rumble down the street, they always knew that someday they'd own one.

20 Years into the future, they probably will.. And you can bet if we had any idea of how much it would cost 20 years from now it would be mind blowing.

I bet you'll see the market level out, but short of WW III or a ban on internal combustion engines, I don't think there will ever be a crash.