I actually don't see prices rising much more beyond where they have (at least relatively speaking, we may see another 20% but I don't think its going more than that).
My belief is based on the psychology of buying hobby/collectable cars. The generation that is currently bidding up cars from the 1980s and early 1990s is the generation of people that grew up with these cars, they were born in the early 1970s and couldn't afford them when they originally came out, but now they are 40+ years old and have attained a level of wealth that affords them the ability to purchase the car that wasn't attainable when they were younger. This will continue to push the prices upward as long as the economy as a whole remains solid.
Eventually, we'll reach a point where these buyers dry up and the next generation of cars will become desirable or "collectible". You only need to look at the prices of the 1960's and 1970's muscle cars to see this in action. There was a period of time when these cars were flying for absurd prices, that has come down a fair bit as there aren't as many buyers for the cars and the next generation of cars became more desirable.
Eventually you'll see only the truly rare and original cars fetching collectible level prices, think the M3 cabrio and the Evo, maybe true mtechnic cars, the rest will settle out and you won't see much price increase after a point.
Those are my thoughts, could be BS, but it's my theory.
My belief is based on the psychology of buying hobby/collectable cars. The generation that is currently bidding up cars from the 1980s and early 1990s is the generation of people that grew up with these cars, they were born in the early 1970s and couldn't afford them when they originally came out, but now they are 40+ years old and have attained a level of wealth that affords them the ability to purchase the car that wasn't attainable when they were younger. This will continue to push the prices upward as long as the economy as a whole remains solid.
Eventually, we'll reach a point where these buyers dry up and the next generation of cars will become desirable or "collectible". You only need to look at the prices of the 1960's and 1970's muscle cars to see this in action. There was a period of time when these cars were flying for absurd prices, that has come down a fair bit as there aren't as many buyers for the cars and the next generation of cars became more desirable.
Eventually you'll see only the truly rare and original cars fetching collectible level prices, think the M3 cabrio and the Evo, maybe true mtechnic cars, the rest will settle out and you won't see much price increase after a point.
Those are my thoughts, could be BS, but it's my theory.
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