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<p style="margin-top:0;margin-bottom:0">Well, this will take the speculators out of the market for one. Another thing to remember is that a lot of the cars that go to these auctions are not that great when you actually go there and take a serious look at some
of them. Many have been done in a superficial way just to get them to shine through the auction and then the problems start.
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<p style="margin-top:0;margin-bottom:0">The really good cars with provenance will always sell and the demand and prices will remain high. But so often, at a place like Barrett-Jackson, you will see a car with dubious past with supposedly really low mileage,
and the announcer will claim that this Camaro is one of only 20 painted that colour, that year and with a 4 speed. Pure BS, GM made 58000 Camaro that year period, nothing rare about it. When people realizes that these are only sale tactics, they also realize
that they don't have a rare car, but it had an inflated price. <br>
</p>
<p style="margin-top:0;margin-bottom:0">This correction in the market is long overdue and we will be left with those who really appreciate the cars for what they are, a fun thing to drive and enjoy while building memories.
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<p style="margin-top:0;margin-bottom:0">Jean<br>
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<div id="divRplyFwdMsg" dir="ltr"><font style="font-size:11pt" face="Calibri, sans-serif" color="#000000"><b>From:</b> Healeys <healeys-bounces@autox.team.net> on behalf of Bob Spidell <bspidell@comcast.net><br>
<b>Sent:</b> January 17, 2018 1:34 AM<br>
<b>To:</b> Healeys<br>
<b>Subject:</b> [Healeys] Ugh</font>
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<div class="PlainText">Happened to be watching the B-J auction on TV and came across this,
<br>
which confirmed what I thought I was seeing:<br>
<br>
<a href="https://wolfstreet.com/2018/01/16/classic-collectors-cars-drops-more-than-during-financial-crisis/" id="LPlnk275193" previewremoved="true">https://wolfstreet.com/2018/01/16/classic-collectors-cars-drops-more-than-during-financial-crisis/</a>
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<a id="LPImageAnchor_15161624880390.8618766789129971" style="display: table-cell; text-align: center;" href="https://wolfstreet.com/2018/01/16/classic-collectors-cars-drops-more-than-during-financial-crisis/" target="_blank"><img style="display: inline-block; max-width: 250px; max-height: 250px; height: 217px; width: 250px; border-width: 0px; vertical-align: bottom;" id="LPThumbnailImageID_15161624880400.7588111857671165" height="217" width="250" src="https://wolfstreet.com/wp-content/uploads/2018/01/US-classic-cars-hagerty-2018-01.png"></a></div>
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<a id="LPUrlAnchor_15161624880430.6437927429582165" style="text-decoration: none;" href="https://wolfstreet.com/2018/01/16/classic-collectors-cars-drops-more-than-during-financial-crisis/" target="_blank">Asset Class of Vintage Cars Drops More than during 2008/2009</a></div>
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wolfstreet.com</div>
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But this time, there’s no Financial Crisis, and no QE in sight.</div>
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<br>
I realize we're all enthusiasts, but it was always a bit easier the pull <br>
the trigger on a big order to Moss or DWR when I could tell myself "At <br>
least it's an appreciating asset."<br>
<br>
Bob<br>
<br>
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The Team.Net email, archive, ftp and web services are run on a part time volunteer basis. There are out of pocket expenses involved in the network connection, name ...</div>
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To see the collection of prior postings to the list, visit the Healeys Archives. Using Healeys: To post a message to all the list members, send email ...</div>
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