Prices Up Only 3% for the Last Three Months
We just can’t seem to get over the hump in this current collector car market. While we here at Cars On Line.com were encouraged that 2015 would be the year collector car prices would make a big move up, our current Cars On Line.com Market Trends Report shows prices only up three percent for the last three months. Click here to view the latest COL Market Trends Report. What is disappointing is that market leaders such as the 1969 Camaro Z/28 are getting lower prices at collector car auctions this year. Z/28’s are down 22.5 percent from what they were in 2014. Check our report to see which other cars are decreasing in value.
Some say the market is down because the Baby Boomers are starting to sell their collections. Others point to a slow growth economy that is only growing at a rate of two percent per year. We think the reason is more seasonal. Collector car sales always hit a slump in the middle of the summer. A better gauge of what the market will do for 2015 will be what prices are in August, September and October, the traditional “up months” for collector car sales. Meanwhile this may be a buying opportunity for the rest of us. Get into our listings and find that “dream car” before the prices go up next month. Click here to view the report in detail!
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