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    1. #1
      Join Date
      Oct 2004
      Posts
      419

      Current Collector Car Market Status & Outlook in 2021?

      What do you guys think the next year will bring? We are about 1 year into COVID-19 market manipulation and massive bubbles everywhere. How do you think collector cars will do? I know this is a broad term but I guess you could break them down to original un-modified and custom/modified cars. For someone risk adverse the outcome seems easy to spot. There will be a gigantic crash in all asset prices at some point in the near future. The big problem is there doesn't seem to be any brakes on the current blown nitro stimulus machine.



      Here is my situation but I'm curious to hear people's thoughts on other types of situations.

      I found a survivor late 60's Cadillac in the $20k range. In the last year I would say prices spiked 15-25% for this model. Insurance is cheap and I do all the maintenance in my own garage. Taxes and plate are also cheap. I'm looking for something to do with the kids this summer and sick of waiting for a market correction. I don't mind a little depreciation but I wouldn't be happy if it took a 50% hit a year later.

      What do you all think about the craziest economy in our lifetimes?





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