09-23-2003, 09:26 AM
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CC Member
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Join Date: Jun 1999
Cobra Make, Engine: Three Cobras, one 351W, one 427SO, one 527BB & one GT-40 427R
Posts: 206
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Not Ranked
First thing comes to mind, that if anyone is "really" serious about making an investment, one would tend to put their money elsewhere than in a replica of any nature. A $20,000 or so older mustang would be a safer haven for your investment dollars than most replicas of any type. However, when buying a replica primarily for personal satisfaction, there are clearly some that may hold their price better than others. That's all you can shoot for and hope for the best in the end.
Second thing that's obvious, is that the resale market is governed solely by those that are selling them, not the buyers. If no one will let even the barest of replicas's sell for nothing less than an outrageously high $40,000, then that is what the market bears, and what they are "Worth." On the other hand, if the best of the best alloy masterpiece goes for a ridiculously low $29,000, then that is what they are now "worth" despite of their actual value. Desparate sellers really drive the market down and create a precident for lower buyer expectations in those sales that follow. Of course, it takes quite a few sales in those ranges to "curve" the market either way, but it doesn't take long, especially with the influence and wide expanse of the electronic media..
So, if you want to stablize the market, don't look at the buyer, but to the sellers that ultimately set the price.
/Randall
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