Collctor car market on the way back up!

[BobPalma]

....or at least it had better be if this is going to open around $55,000!

(And in case you can't identify the color, he mentions Bamboo Cream no fewer than TEN times in the ad, by actual count.)

http://cgi.ebay.com/ebaymotors/Buick-Riviera-Boat-Tail-1971-Buick-Riviera-ALL-ORIGINAL-Bamboo-Cream-2-owner-_W0QQcmdZViewItemQQhashZitem4cf1cada5fQQitemZ330474117727QQptZUSQ5fCarsQ5fTrucks

[jclary]

I'm not sure Bob, who knows what the motivation is for some of the cars now being offered. Is it because the owner thinks that the time is ripe for the sale, or is it desperation? Is the value placed on the car due to a long time owner who never really intended to sell the car inflating the price with sentiment? I just spent the last 4 days traveling about 700 miles on a couple of major interstates. I didn't see enough big rigs to fill even a small truck stop parking lot. They can claim the recession ended over a year ago if they want...I see little real world evidence. I think we are seeing a shift in the ownership of some pretty neat cars, but I am skeptical of the reason for it.

I will plead guilty of being rather narrowly focused in my car interest and knowledge, but this particular car would not have snapped my head around when it was new and my biggest reaction to it now is that it is still a big old gas guzzling bloated "road hog."

[Bob Andrews]

That's a nice color, wonder what it's called?

[JBOYLE]

Neat car, but I don't think ANY boat tail Riveria has sold for anything near his reserve...and probably won't for the forseeable future.

But there are a lot of guys who haven't come to grip with the fact that some prices are down. They're still holding onto silly reserves.

The high end of the market has done fine...we're talking million dollar plus race cars and some classics or fairly rare cars when demand still outstrips supply.
The rest of the market seems to be down from a few years ago...especially the models that went silly (Hemi MOPARS, etc) before the crash.