Comments on: Classic cars dominate Arizona auctions http://www.volcars.com/blog/classic-cars-dominate-arizona-auctions/ Car Quotes, Car Reviews, Car Insurance, Car Loan, Car Accessories, Latest Car News, Tips & Tricks, New Cars, Used Cars For Sale, Used Car Pricing & Values Online Sun, 20 Jul 2008 18:40:26 +0000 http://wordpress.org/?v=2.3.2 By: Mehul Brahmbhatt http://www.volcars.com/blog/classic-cars-dominate-arizona-auctions/#comment-22 Mehul Brahmbhatt Wed, 06 Feb 2008 16:37:28 +0000 http://www.volcars.com/blog/classic-cars-dominate-arizona-auctions/#comment-22 Carl King, keep reading you will good latest news from here Carl King, keep reading you will good latest news from here

]]> By: Carl King http://www.volcars.com/blog/classic-cars-dominate-arizona-auctions/#comment-14 Carl King Tue, 22 Jan 2008 02:36:14 +0000 http://www.volcars.com/blog/classic-cars-dominate-arizona-auctions/#comment-14 For a while there it was looking like Mopar had the 6 or 7 figure sale price cornered, but it's good to see GM classic cars making their mark now. I personally can't imagine who is paying this kind of money. They must have billions laying around for their classic car collection, and IN their old car collection. The downside to this kind of buying is similar to the effect the real estate boom has had on the housing market. Though the classic cars that are selling for this kind of money are exceptional, it still creates a classic car feeding frenzy that ends up pricing the middle class old car enthusiast out of the market. Maybe the silver lining in all this is that if this wave doesn't die like every other trend, restoring classic cars will become a profitable business again. For a while there it was looking like Mopar had the 6 or 7 figure sale price cornered, but it’s good to see GM classic cars making their mark now. I personally can’t imagine who is paying this kind of money. They must have billions laying around for their classic car collection, and IN their old car collection.

The downside to this kind of buying is similar to the effect the real estate boom has had on the housing market. Though the classic cars that are selling for this kind of money are exceptional, it still creates a classic car feeding frenzy that ends up pricing the middle class old car enthusiast out of the market.

Maybe the silver lining in all this is that if this wave doesn’t die like every other trend, restoring classic cars will become a profitable business again.

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