Quote:
Originally Posted by meat
Supply and demand is a model - like the imaginary global warming nonsense - not a law.
And that model doesn't really apply to Cobras. Never has, never will. Cobras are generally pretty immune to market and economy issues. Cobras are worth a certain amount, and someone will pay that certain amount - bull market or bear market.
Your pal,
Meat.
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Take a course in basic economics. Supply and demand is what runs the economy. More Cobras are being built everyday. That my friend, causes the prices to drop. People having less disposable income causes prices to drop as well. Fortunately, true collector cars (including original Cobras) are only subject to the latter unlike the other Cobras that are subject to both.
As far as prices being stable, those are asking prices and the cars are not selling. Actual selling prices are ALOT lower.
Jim