Looking for link on classic car prices

johnnymk · 03-03-2008, 05:22 AM

I went to the Atlantic City auction this past weekend. As usual, the asking prices for the cars that don't go to the auction but are for direct sale were ridiculous. There weren't a lot of people bidding on the auction cars, though.

I have been wondering with the lending being tightened if toys like this will go down in value.

I have been looking for a link on the web or even an article in a car magazine which would show the trend in muscle car and antique prices. I don't consider the auction on the West Coast ( the one on TV) to be a good indicator because it appeals to bidders who have wads of money, unlike most car fans who can possibly afford cheaper old cars.

Jeffbx · 03-03-2008, 05:53 AM

This is a huge classic car dealer in Michigan:

http://www.southernmotors.com/home.asp

You can see a big group of their cars here:
http://www.dealsonwheels.com/dealers/company.aspx?c=817

It's not showing trends or anything, but they do show asking prices of a LOT of classic cars. Prices on these have gone up significantly in the past 10 years, but I agree that the auction prices from that west coast place are not indicitive of the actual market. Maybe the ultra-high end of rare & pristine cars, but everyday people are certainly not paying 6 figures for classic muscle cars.

03-03-2008, 05:22 AM	#1
johnnymk Chief of Naval Operations Join Date: May 2000 Location: LEVITTOWN< PA> USA Posts: 13,621	Looking for link on classic car prices I went to the Atlantic City auction this past weekend. As usual, the asking prices for the cars that don't go to the auction but are for direct sale were ridiculous. There weren't a lot of people bidding on the auction cars, though. I have been wondering with the lending being tightened if toys like this will go down in value. I have been looking for a link on the web or even an article in a car magazine which would show the trend in muscle car and antique prices. I don't consider the auction on the West Coast ( the one on TV) to be a good indicator because it appeals to bidders who have wads of money, unlike most car fans who can possibly afford cheaper old cars.

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03-03-2008, 05:53 AM	#2
Jeffbx Fleet Admiral Join Date: Mar 2000 Location: Michigan Posts: 9,390	This is a huge classic car dealer in Michigan: http://www.southernmotors.com/home.asp You can see a big group of their cars here: http://www.dealsonwheels.com/dealers/company.aspx?c=817 It's not showing trends or anything, but they do show asking prices of a LOT of classic cars. Prices on these have gone up significantly in the past 10 years, but I agree that the auction prices from that west coast place are not indicitive of the actual market. Maybe the ultra-high end of rare & pristine cars, but everyday people are certainly not paying 6 figures for classic muscle cars.

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