Around 2006 - 2007, there was a huge debate on this very forum about where collector car prices were going. Not long after that debate, the Great Recession hit and collector car prices dropped.
The big argument at the time was that the people who loved the 60s and 70s cars were getting old and once we died out, demand and prices would plummet. So I really have to wonder what will be the price peak for the 1960s & 1970s cars.
Quote:
Originally Posted by chiefbigb
Prices are crazy these days. I think in about ten years the market will drop out in the US . Most shops are getting at least 100 a hour for restoration work. Not hard to spend 60 to 70k restoring a car. Add the 25 you paid and you might break even. I have worked on some high end cars and the owners are normally well off. They get back about 70 percent of the investment when they sell
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