CRG Discussion Forum
Camaro Research Group Discussion => General Discussion => Topic started by: Hans L on May 19, 2021, 03:50:59 PM
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What's up with these prices? One actually sold for $171 on BAT:
https://bringatrailer.com/listing/1969-chevrolet-camaro-z-28-32/
https://www.ebay.com/itm/265163993805
While decent restorations and in all due respect to the sellers, they don't appear like exceptional restorations...
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This same topic was discussed on my other car site. 'My' view is, just because a car is overpriced, does not mean this is the market. Plenty of good cars sell for a lot less...
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A guy I went to school with had a theory if you can't sell something you raise the price. He proved it many times to work. He once had a motorcycle sitting in his yard for weeks with a reasonable price. No one look at it. He washed and waxed it and raised the price by a good bit. A guy that had driven by every day stopped and bought without haggling.
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Nevermind.
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A guy I went to school with had a theory if you can't sell something you raise the price. He proved it many times to work. He once had a motorcycle sitting in his yard for weeks with a reasonable price. No one look at it. He washed and waxed it and raised the price by a good bit. A guy that had driven by every day stopped and bought without haggling.
So true! Sometimes I list trinket stuff on epay for cheap pricing "just to get rid of it". No responses. I did the same, raised the price by 20%, and voila! sold.
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Those selling prices are going to cause havoc with the 1st gen Camaro market. You can disagree about the price, I certainly do, but when they sell for that much owners will think to themselves that it's a lottery ticket. Are we having Camaro shortages? Hell no.
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More inflation: https://bringatrailer.com/listing/1969-chevrolet-camaro-z-28-36/
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More inflation: https://bringatrailer.com/listing/1969-chevrolet-camaro-z-28-36/
Deep pocket investors/collectors that see these and other cars as a commodity are driving these outrageous prices.
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it is no fluke with the 69Z, just look at the prices from the recent Mecum auction, 80-170k, some certified, but many were not. Some had original motors, many did not. Classic cars, motorcycles, Guns, lumber, gasoline, real estate, inflation is here, it is a roller coaster folks hold on tight.
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Austin hit the nail on the head... The government cannot print dump truck loads of $$$$$, pass it out to everyone for nothing (making them NOT want to work), without it making the $ we've already earned over the years worth nothing! Welcome to socialism 101... Venuzuelan inflation.. and the beginning of the END... :(
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Everything is overpriced these days.
There are a lot more “speculators” that have jumped into the classic car market, basically screwing up reality.
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Austin hit the nail on the head... The government cannot print dump truck loads of $$$$$, pass it out to everyone for nothing (making them NOT want to work), without it making the $ we've already earned over the years worth nothing! Welcome to socialism 101... Venuzuelan inflation.. and the beginning of the END... :(
Sounds about right.
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That green Z is almost my exact combination, except mine is Red/white. Geesh, I'd better put it in vault. :o
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With prices like that I might actually break even on my '69-Z project someday!
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With prices like that I might actually break even on my '69-Z project someday!
LoL!, that is exactly how I feel,,,,,,,,,,,,,,What a great Line
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Everything is overpriced these days.
There are a lot more “speculators” that have jumped into the classic car market, basically screwing up reality.
When the value of the dollar drops (printing money with no true backed value and taking out loans with China to cover our debts) people start dumping money into "investment items". No one can see into the future but the next 3.5+ years are gonna be rough.. The world is a scary place right now..
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Doesn't bother me a bit. Have owned mine since 1982. When it sells I will be in the ground so the prices do not mean much to me. It is a separate market I feel for a small group people that don't want to restore only own.
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When inflation gets to high the Feds will raise interest rates and watch this economy look like 2009! Your right, it will be a wild ride! We have had huge price increases in lumber and building materials and I went to buy some steel tubing for a body cart that I wanted to build and it has doubled in price and I'm sure we will see prices on both products and services for our hobby increase soon as well.
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Its not just Camaro Z/28s, its everything as others have mentioned. Recently, Im seeing 'junk', 'undesirable' and 'throwaway' cars double and triple in price. Of course, they are not worth it in my opinion. Yes, tough and rough times ahead. Put on your seat belts!
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Put on your seat belts!
Its a rollercoaster ride.. ;D
(https://i.gifer.com/IAUk.gif)