[jwd]

ALL prices are dropping like a rock. BJ auction proved that (and those aren't even real world prices). Hemi cars that sold for $500K last year were selling for $120K or less. The same 429 Mustang that sold for $500K last year sold for $190K this year. I forget the actual numbers on Reggie Jacksons COPO Camaro but it was down well over 50%. Prices will continue to drop at least through the end of this year, maybe longer. Don't use todays asking prices as a guide for car value. The actual price fior the few cars that sell are quite a bit lower.

Jim

PS. I don't know the value of Mustangs all that well but at a local major swap meet today, there was a beautiful 66 conv. 4 speed car that had no rust and looked like it was in showroom condition with new top and interior for $12K and nobody was even interested. It looked very nice to me.