Quote:
Originally Posted by twobjshelbys
In some ways I disagree. I agree about the replica cars not being collectible, even Shelby CSX and Kirkham. There are simply too many of them and as long as they are continuing to be built the supply will exceed demand. And the new versions put a cap on the price you can get for an old one. But I believe the market is getting soft because the target market is drying up. 5 or 10 years ago the sixty year old retirees that were still able to enjoy a toy were buying them up. Now they are getting to be 70 and not so able. So the used market is getting saturated with cars coming off "retirement". And this applies not just to Cobras. Other "muscle" cars are suffering from the same effect.
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Here are the Baby Boomer demographics:
76M total
born 1946-1964
several birth years of 4M plus, peak was 1957 (now 61-62 y.o.)
Boomers retiring at the rate of 10,000 per day
majority of Boomers are 65 or younger
So we don't have a problem with "60 year old guys" fading into the sunset, and won't for 10 more years
What we have is a housing/stock market that has weakened, both of which affect the discretionary income needed to buy interesting cars