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-   -   2023 Mecum Kissimmee (https://www.yenko.net/forum/showthread.php?t=174231)

Richls5 01-11-2023 09:20 PM

Idk why anyone is blaming a restoration shop for the hobby getting out of hands it's dealerships buying cars for 40 and selling for 70-80 I get everyone needs to eat but it's ridiculous

ACR 01-11-2023 09:49 PM

Quote:

Originally Posted by Richls5 (Post 1610946)
Idk why anyone is blaming a restoration shop for the hobby getting out of hands it's dealerships buying cars for 40 and selling for 70-80 I get everyone needs to eat but it's ridiculous


My 2 cents but this is another huge factor. In the last six months, I've been priced out of two different purchases when flippers were able to get to them faster than me (obviously being on the other side of the world in Australia doesn't help) only to see them listed weeks later with a minimum 20K markup. Once a car goes up in price and sells at these inflated prices, I've noticed it's much less likely to ever come back down. Rinse and repeat with many cars across the market for a particular make and model and you end up with a hyper-inflated market. Additionally, factor in people looking at these inflated prices when considering selling their car and suddenly you've got a lot of people believing they have something worth more than realistically obtainable and unwilling to move on price... It's been a vicious circle lately...

MYSTERYCHEVELLE 01-12-2023 06:17 PM

Good Lord!!! I know this car from back in 2005 before it changed hands several times and several auctions. That’s some coin for a basic 396/325hp. Glad I have mine :)

$97,000

MYSTERYCHEVELLE 01-12-2023 06:21 PM

1 Attachment(s)
Helps to show the car. Lol

black69 01-12-2023 07:45 PM

A friend just sent me a picture of a black challenger T/A going for $200K. I got to start watching this on motortrend. crazy.

Kurt S 01-12-2023 07:47 PM

But what a great color on that 67!

jeffschevelle 01-12-2023 08:18 PM

First post said "Prices down and most of no sales the first two days at Kissimmee. I hope this turns around..."

I think your wish came true !!

MYSTERYCHEVELLE 01-12-2023 08:22 PM

Quote:

Originally Posted by jeffschevelle (Post 1611075)
First post said "Prices down and most of no sales the first two days at Kissimmee. I hope this turns around..."

I think your wish came true !!

Jeff

Take a look at the 66/67 SS prices. Insane prices and as we all know. You can’t believe everything you READ when cars are described as REAL etc etc LOL

GrumpyJeff 01-12-2023 10:20 PM

Thankfully I'm content with what i own ! And I luckily purchased before this huge up swing on Muscle Car price's. My 70 RS Z/28 was purchased in 2010 & my 70 SS Chevelle in 2017. Recently I have had serious cash offers on both cars at more than double my original purchase prices ... That being said , I feel confident in saying that there is No Way i could even come close to replacing either car for what i could of sold them for ? Hard to find anything privately anymore ! Sadly these auctions & all the Muscle Car dealer/ brokers have priced most blue collar Motor Heads out of the market ?!?!

black69 01-13-2023 01:59 AM

time to adjust insurance policy values.


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