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Will prices drop like in the 80s with usa ression.
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In the 80s the interest rates at 20 percent unemployed at 11 percent the old car prices dropped.
If Usa goes into a ression will this take us all with them or maybe China and india will stop that?.
If it does would the prices drop like in the 80s or will there be some other factor that prevents this?.
Worth thinking about if your like me and have 3 cars. |
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Good point Kieth,i think china and India will bandage that,the aussie muscle car will hold a strong demand, but you might see american cars a little shakey...
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Since the days of the 80s to mid 90s, the global economy has changed. There is the EURO and the USD as a market force. Plus China and India will keep things bubbling along.
if it was just the US only like it was 20yrs ago, things may be harder for us.N
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look at used car prices NOW ... with even some later models selling for a fraction of their cost only a few years from new.
Recession sees new car sales stagnate while used car prices rise.
As for classics ... they are in their own league... so dont |
Gary T
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look at used car prices NOW ... with even some later models selling for a fraction of their cost only a few years from new.
Recession sees new car sales stagnate while used car prices rise.
As for classics ... they are in their own league... so don' |
Gary T
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without being rude i couldnt give a s,,,it as i built my car to drive & enjoy it not to sell it. all that worries me is the price of fuel & its availability
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When share markets go down in value investors look to other areas to invest in such as currencies or property, it may generate more buyers of classic cars and therefore prices can go up.
James
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I`m not worried about classic car prices I think at worse they will stay as they are and some will still go up in the next few years, the top dollar cars may stagnate but this will also depend on the big dollar spenders .
Take the people who have million
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I think we might see a drop in demand, and you might see people with aussie muscle they paid a lot of money for needing to get rid of it, so there might be some bargains around for anyone who does have money, (depending on how long any recession lasts).
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Im with hazzard,one of my GTRs I bought 15 yrs ago cost $1400 and now after tidy up will be about $8,000 which is well below current prices but I want it to drive not make money
it will be the investors who get caught out not the enthusiest
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I'm with hazzard,one of my GTRs I bought 15 yrs ago cost $1400 and now after tidy up will be about $8,000 which is well below current prices but I want it to drive not make money
it will be the investors who get caught out not the enthusiest
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I think we are all in for a VERY RUDE SHOCK in the next few years..
The USA is on the point of near collapse. A couple of little shocks and the whole show is gonna come crashing down.
There are around 10,000 hedge funds.
40 of them (thats forty
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I think we are all in for a VERY RUDE SHOCK in the next few years..
The USA is on the point of near collapse. A couple of little shocks and the whole show is gonna come crashing down.
There are around 10,000 hedge funds.
40 of them (that's forty
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Petro Dollars is what the USA Holds for so many countries. Eg all oil is brought in USA dollars so if Japan wants oil it has to sell America cars then America prints dollars and gives it to Japan ,they take the USA dollars and buy oil from The arabs which |
If its not broke it will be soon |
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" The car prices in the 80s dropped because everyone who was unemployed the first thing to go is the toys to make ends meet. " EXACTLTY..!! Check this out - http://zfacts.com/p/461.html
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the chinese market is not doing to well either, they are having to deal with increased inflation causing pressure on its wage system, which in turn is going to increase the costs of production of everything made there, which fuels our inflation by increas |
HOLDEN The Great Way to Move |
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the chinese market is not doing to well either, they are having to deal with increased inflation causing pressure on it's wage system, which in turn is going to increase the costs of production of everything made there, which fuels our inflation by increa |
HOLDEN The Great Way to Move |
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GEEEEEZZZ you guys are DEEEEP!!!!
Even if(and a very big "if" at that)classic muscle car prices were to plummet by lets say %75per cent then a phase III,A9X or E49 will still be out of reach for most of us.
Lets face it, most of us will never experi
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GEEEEEZZZ you guys are DEEEEP!!!!
Even if(and a very big "if" at that)classic muscle car prices were to plummet by let's say %75per cent then a phase III,A9X or E49 will still be out of reach for most of us.
Lets face it, most of us will never exper
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Whenever the cash dries up people just aim lower than they used to ie a new Calais might by a Berlina instead, peoples attitude to spending doesn't change. Same with muscle cars instead of a 70 big block Vette they would buy a Camaro.
James
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You only have to be in front at the end of the race. |
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Will prices drop like in the 80s with usa ression.
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