[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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