Car Collecting in Wall Street Journal

Discussion in 'General Maverick/Comet' started by Hawkco, Sep 18, 2004.

  1. Hawkco

    Hawkco Genuine Car Nut

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    If you can get your hands on a copy of Friday's, September 17, 2004, Wall Street Journal, you may enjoy a good article on the value of collector cars. It's on the front page of the Weekend Journal section (third or fourth section). You'll be amazed at what one guy recently paid for a 1971 Hemi 'Cuda and you won't believe what the Starsky & Hutch movie has done for the selling price of '76 Torinos. :eek:

    (Yes, Frank, even though it doesn't have many pictures, I really read the WSJ - just about on a daily basis. Without a doubt, they have the best editorial page of any newspaper.)

    Drop me an e-mail or PM if you need help getting a copy of the article. PLease use e-mail or PM. ;)
     
    Hawkco, Sep 18, 2004
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  2. Wes

    Wes Maverick Police Dept.

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    There's been a lot of coverage in periodicals about the boom in the hobby, especially for the most desirable cars and trucks. An article in "Hemming's Muccle Cars" this month says that the bottom is eventually going to fall out of the market, but I wouldn't count on it anytime soon. As I stated previously, this started after 9-11 when investors started looking for tangible investments rather than things like stocks, etc. It's going to be interesting to see how things carry on in the forseeable future. The parts market is following suit, and from a dealer's standpoint, I'm not happy with it. It is harder to get deals on items for resale and it causes the resale prices to be driven up. Nobody is winning on this one, except the large scale dealers and the sellers of reproduction items.

    On the up side, our Mavs are now worth more than ever with the growing market for what was considered 'lesser desirable' cars and the increasing popularity of them.
     
    Wes, Sep 18, 2004
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  3. T.L.

    T.L. Banned

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    THe WSJ is a good newspaper...a hell of a lot better than the New York Times, LA Times, or Chicago Tribune...
     
    T.L., Sep 18, 2004
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  4. Hawkco

    Hawkco Genuine Car Nut

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    ...and definitely better than the Atlanta Urinal and Constipation (Journal and Constituion). You have to sit on the left side of the couch to read that papaer.:slap:
     
    Hawkco, Sep 18, 2004
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  5. Dan Starnes

    Dan Starnes Original owner

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    ahhh, members on the right side of things I see. Another reason I love this board!
    Dan
     
    Dan Starnes, Sep 18, 2004
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  6. riporter

    riporter Member

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    I would say I lean a little right of center, I read the WSJ, watch Fox news and listen to Neal Bortz, wouldn't be caught dead reading the Charleston Pest and Worrier (Post and Courier) as it isn't fit to use as toilet paper in an emergency
     
    riporter, Sep 19, 2004
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