Is the Backdraft market soft?

[twobjshelbys]

Originally Posted by jeffnolan

Yes, the muscle car market is soft. These cars are somewhat unique given they are not collectible or investment grade, and there is a perpetual niche market of older guys who had the poster on their wall as a kid. But soft it is. I might just hold on to the car for a while and see how things play out.

In some ways I disagree. I agree about the replica cars not being collectible, even Shelby CSX and Kirkham. There are simply too many of them and as long as they are continuing to be built the supply will exceed demand. And the new versions put a cap on the price you can get for an old one. But I believe the market is getting soft because the target market is drying up. 5 or 10 years ago the sixty year old retirees that were still able to enjoy a toy were buying them up. Now they are getting to be 70 and not so able. So the used market is getting saturated with cars coming off "retirement". And this applies not just to Cobras. Other "muscle" cars are suffering from the same effect.