Are prices dropping ?

[oldskooljoe]

I think good cars will continue to rise in price due to the fact there are so many people wanting them and not enough around.
They might be an expensive toy..but its money well spent

cheeRS Ders.

well said Ders

[RickB]

Im finding it very difficult just now due to the massively inflated prices at the mo i have cash waiting but have become very canny & wont be jumping in the deep end just yet unless the bargain of the year appears & i cant resist it. i sold when the prices were a lot lot lower than now. Doh!
so for now i will just stick with my top fun cheapo capri

[plentysideways]

so for now i will just stick with my top fun cheapo capri

Obviously a man of good taste. This is my current one

[vtaggart]

I hope so

Vince

[black x pack]

If prices haven't already started to weaken, I think they will do in the short term. The majority of us have a finite amount of money, either as income with which to repay loans or savings to spend on a (if we are being truthful) fairly expensive toy. At the moment people's unavoidable outgoings are steadily rising (food, fuel, household bills mortgage etc) so they/we have less 'disposable' cash to spend on hobbies. If savings were going to be used, people are more reluctant to spend their safety net in case they need it to keep a roof over their head/ deal with an unforeseen emergency. Therefore I think prices will drop in the short term, to an arguably more realistic level.
However, those of us who already own the car we want wont be affected because we have these cars because we enjoy them for what they are, not as an investment. The only people who stand to lose are those who may have bought a car with the intention of selling in the near future with the sole aim of making a profit.
In longer term values will increase steadily due to a couple of reasons;
Our type and age of cars are the last which wil be able to be restored and maintained at home with basic tools as opposed to serious technology. Also history shows that cars which were desired by males in their teens and early twenties are the ones which rise in value as those same males reach a stage in life where they have enough money to be able to afford what they couldnt afford in their youth, To give you an example, think about an E type Jaguar, the dogs in the sixties, worth sod all in the eary to mid seventies but by the eaarly eighties they were worth more than a semi detached house, then there was "black Monday" on the financial markets and values fell through the floor and now they are approaching the levels of the eighties again.
There, I've given one view, lets have a bit of debate now.

bloody hell mark .. a simple yes or no would have done !!!!

[Andyc]

I just think that people are pulling their purse strings in and the only way that people can sell any thing is to drop the price, as for ebay and on line markets again the only way they can sell things is to drop the prices. Folk are counting their pennies nowa days

[RickB]

Obviously a man of good taste. This is my current one

And very nice it is too
mine

[ian parker]

IMO, the nice original cars like Alvins and Ders latest one will in reality always command the most money in relative terms. They have too. THese are the cars that sell for serious money, bought by seriious people, and so will always hold their value, and no doubt increase over time. The restored cars will be bought by collectors, like mine, or a very serious concourse person. These will be always command big money too by nature of what they are and what they stand for. Again, because of their rareity, their values will always increase. IMO, the 4-7k cars will be the ones to tail off because these are the ones that are being bought on a wim etc etc. This is where the normal money is and because its the normal man thats suffering at the mo, they will tail off.... IMO.