[Healeys] Dropping prices of collector cars
GSFuqua1 at aol.com
GSFuqua1 at aol.com
Tue Nov 25 20:24:50 MST 2008
I'd say a 2% drop in the Austin-Healey would fall into the normal range of
error in almost any survey. While Ferrari and other very high dollar cars may
suffer a large drop they also enjoyed a very fast and high run up in value.
I still have customers that are looking for good quality cars. Maybe not a
$100K trailer queen but a $40K to $50K nice driver is still in demand.
Besides, most people I know would rather be able to go out into the garage and put
their hands on some of that wealth or even take it for a spin. Tough to do
with stocks & bonds that are controlled by a select few high powered trading
houses.
Obviously just my 2 cents but their are quite a few I know that share this
feeling.
Cheers,
Gary Fuqua
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