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Cobra prices - What's the trend?
Folks,
I was about to jump in to the Cobra market making my first purchase. However, I've decided that the more prudent thing is probably to sit back a bit, watch the cars and prices, and get a better knowledge of the market. My observations so far seem to show that the top end cars going in excess of 50K are not moving well. They tend to sit and not sell, or at best they sit for quite a while before selling. Do you find that to be an accurate statement, or have I misread things? Do you guys feel that prices in general are rising, falling or stable? Any input at all would be appreciated. Thanks.
Doug
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