Quote:
Originally Posted by dallas_
At least in my mind, there is a difference between the hobby and investment market.
I think there will always be a place for guys to own, build and/or restore cars as a hobby.
Now as far as classic cars for investment purposes, I agree with many who think we may be at or near the top of the market because of demographics.
Only time will tell.
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While I think predicting the future can be a fool's errand, I also think there's a difference between the "hobby" and "investment" markets.
While prices may fluctuate, the trend will continue up for cars such as the old and older Ferrari's, air-cooled Porsche's, Jaguar's, musclecar era cars such as the Hemi Cuda and of course, the original 1960's era Shelby & AC Cobra's. IMO, they're like art work and paintings.
Hobby and/or kit cars will be around in the future, but the faces and regulations will change and the hobby will be forced to change with it.