If you are going to blame them then you would also have to blame Russo and Steele, Kruse, Mecum, RM auctions, Christies etc. They are in business to make a profit and the cars yesterday, today and forever are worth what someone is willing to pay for them. Some people have more money than brains and always will. The true "investors" that are in it for a profit after they take a few losses they go on to another investment and I think that is what we have seen lately. I have seen plenty of good cars go for prices well below $100K that were $200K or over 3 years ago. That tells me that the investors who help drive up the prices are leaving allowing hte prices to go back down. For every one of us sad to see the prices go up there is 3 people who own the cars happy to see the prices go up.
Lets face it though, most of us that are lucky enough to have a cobra couldnt buy another car even at $50K (now would our wives let us). - But it is fun to dream of finding that barn find for $2000 that turns into something worth more
