Chris_Hamilton
Trying to be the best me, I can be
Just wanted to get a discussion ongoing on the state of the "classic" car market today. I get daily emails from bringatrailer.com and am astounded at some of the prices that all sorts of cars are bringing. Porsches have absolutely gone through the roof. The other day a driver quality 93 Porsche 911 RS America with 59K miles on it sold for $191,000!!!!! All Porsches from the late '80's to present are commanding and bringing astonishing prices on that site. A restomod 69 Bronco was bid to $300.000 and did not sell. Unbelievable! A 93 Toyota Supra Turbo brought 112,000. The market clearly has shifted away from traditional American classic and musclecars. It just blows my mind that folks have the money they do to spend on some of these cars. I guess I am really out of the loop so to speak, although common sense tells me this bubble is about to burst.
What do you guys think? What would be the ways to take advantage of this?
What do you guys think? What would be the ways to take advantage of this?