
08-22-2007, 11:57 AM
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Registered User
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Join Date: Feb 2005
Posts: 397
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Quote:
Originally Posted by mbaum
Also, it begins to feel a bit scary as I also witnessed dealer-to-dealer speculation in Monterey this weekend in market segments outside American Muscle. It remains to be seen if the liquidity in the market (Mainly equity and cash) keeps it up or the current dept crisis will impact classic cars ...
Mike
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I'll digress for a moment: yes, dealers are starting to scramble a bit- but then again, they are always looking for market timing and to jump on whatever is "hot".
The problem is that the typical muscle car buyer was a small to medium sized construction contractor who did very well in the recent real estate boom and spent money towards his tastes. The European car customer is a very different animal and it will be interesting to see who can reinvent themselves to cater to them.
$.02
By the way, look at the amazing facility on Bernhards link!
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