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Car values today.....versus later. #3018878
02/25/22 05:03 PM
02/25/22 05:03 PM
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Posts: 21,537
It's a dry heat
gtx6970 Offline OP
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It's a dry heat
In light of recent world eventa.

I wonder what car values going to go.????

Re: Car values today.....versus later. [Re: gtx6970] #3018909
02/25/22 06:56 PM
02/25/22 06:56 PM
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Dcuda69 Offline
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Dcuda69  Offline
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Cars?
Trucks?
Daily drivers?
New?
Used?
Collector?

Re: Car values today.....versus later. [Re: Dcuda69] #3018910
02/25/22 07:07 PM
02/25/22 07:07 PM
Joined: Jan 2003
Posts: 8,182
Detroit, MI
CokeBottleKid Offline
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I don't predict much change until inflation really starts ramping up and stocks tank (which won't be long)... give it 3-4 months

Re: Car values today.....versus later. [Re: CokeBottleKid] #3018912
02/25/22 07:16 PM
02/25/22 07:16 PM
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North Pole,New York
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formula_s Offline
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Dow was up 834 points today.

Re: Car values today.....versus later. [Re: formula_s] #3018914
02/25/22 07:39 PM
02/25/22 07:39 PM
Joined: Jan 2005
Posts: 8,341
Crook County, ILL
Mastershake340 Offline
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So many factors come into play.
Factors leading to declines- interest rates will rise. Good possibility of recession. High gas prices. Rising prices price many out of the market.
Factors leading to increases- supply chain issues are not better, maybe even worse. Collectibles including special interest cars are good investments in high inflation times.
Probably forgetting some factors?
But there will be uneven results for different categories. Used low mpg trucks and SUVs might go down while more economical cars might be in high demand and continue going up. Vintage cars might continue up. New cars and trucks stay high and keep increasing due to higher commodity prices.

Re: Car values today.....versus later. [Re: gtx6970] #3018924
02/25/22 08:17 PM
02/25/22 08:17 PM
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Benton, IL.
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DaveRS23 Offline
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If I really had any clue as to what cars would be worth in the future, I wouldn't have trashed the Mopars that I did 45 years ago. frowwn


Master, again and still
Re: Car values today.....versus later. [Re: Dcuda69] #3018927
02/25/22 08:37 PM
02/25/22 08:37 PM
Joined: Jun 2003
Posts: 21,537
It's a dry heat
gtx6970 Offline OP
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My primary thinking is collector cars 1st and foremost.
I know a few people wanting to buy but the current market has them priced out of it completely.

Re: Car values today.....versus later. [Re: gtx6970] #3018928
02/25/22 08:39 PM
02/25/22 08:39 PM
Joined: Jan 2003
Posts: 8,182
Detroit, MI
CokeBottleKid Offline
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Originally Posted by gtx6970
My primary thinking is collector cars 1st and foremost.
I know a few people wanting to buy but the current market has them priced out of it completely.



I actually think there's going to be a paradigm shift soon... numbers matching resto cars gonna deflate while hotrods/modded cars will stay same.

Re: Car values today.....versus later. [Re: CokeBottleKid] #3018933
02/25/22 08:53 PM
02/25/22 08:53 PM
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Posts: 20,972
A collage of whims
topside Offline
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Well, desire is not dissipating, it's increasing.
There's a limited supply of original cars, as well as shells to build restomods.
When the economic sector's in trouble, people move to hard assets.
When the economy's strong, people indulge their desires.
Right or wrong, old and/or collectible cars, trucks & motorcycles values are hyped to the general public via TV auctions & other mass media.
I've seen & experienced several "market adjustments" since the 1980s, but long-term, values/prices are much higher than, say, 1988.
Another factor is the Dollar is weaker, so that should also be considered, but it appears the other factors are more significant.

Re: Car values today.....versus later. [Re: gtx6970] #3018935
02/25/22 09:08 PM
02/25/22 09:08 PM
Joined: Jan 2003
Posts: 1,643
PA
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70Duster Offline
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PA
Once gas prices pass $4.50 gal on average for 87 octane in the US, and oil passes $120/barrel, I predict a fire sale on a lot of the fancy gas guzzling trucks people were eager to pay $80,000 and up for. It's happened in the past and will happen again at some point. Once the factories begin ramping up the supply of new vehicles, new and used vehicle prices will return to more customary levels, but probably not back to pre-pandemic levels. I'm waiting to buy till at least mid-summer to see if some of the insanity subsides. If not, I can wait. Still have 4 vehicles for daily drivers in perfect mechanical condition.

Re: Car values today.....versus later. [Re: CokeBottleKid] #3018936
02/25/22 09:12 PM
02/25/22 09:12 PM
Joined: Jan 2005
Posts: 8,341
Crook County, ILL
Mastershake340 Offline
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The pundits here on Moparts have been forecasting the impending collapse of the muscle car market for as long as I can remember. The subject has come up repeatedly over the last 10-15 years. no
Some questions about today’s rising market are who are these buyers, and where are they getting the money?
A lot of the fuel for the hot market in the early 2000s seemed to come from home equity loans. At least for the mid to mid high priced cars. The highest end cars get bought by collectors who seem to always have bottomless pockets. The market for the mid to mid high cars sank with the 2008 real estate crash and credit market collapse.
The real estate market has been red hot, are people using home equity loans to buy cars again? Interest rates are low, but will be getting raised by the fed. Are people borrowing and if so will rising rates cool their car buying ambitions? Or are they using cash?
What about psychological factors. I’m thinking about my own experience with this. Cash was great for ages. Now it seems to be losing value by the day. I had been trying to sell my ‘71 Challenger for a long time. I pulled it off the market last year. I now don’t have anything I feel good about to do with the cash if I sold it. So stick it in the bank and watch it lose real value? Funny thing, I got 2 guys who’d each waffled around on the car last year now on me to sell it. I’m pretty much telling them I’ll only sell it if I can find something else to buy.
Until recently cash seemed valuable, now it doesn’t. Maybe it’s just me? realcrazy

Re: Car values today.....versus later. [Re: gtx6970] #3018942
02/25/22 09:27 PM
02/25/22 09:27 PM
Joined: Nov 2005
Posts: 257
Pasadena, Texas
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fal3 Offline
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My take on new and used car prices are they'll rise high ($$$$) then drop because the market demands it. My experience with the inflationary cycles is that prices get so $$$ that people stop buying durable goods. For many of us "I'll fix it before I buy new" became our mantra (I still operate like that). IMHO, that is what breaks inflation's back. You members that grew up in 70s and 80s remember oil prices going insane high for a barrel and double inflation for years. I was looking to buy a used Challenger in the fall, but world economy went crazy, and I saw prices go up. Slow increase at first, but then the prices for used Challengers went stupid high. I quit shopping. I'll hold off till late spring, summer and start again. My wife is in the car transport industry, and she is starting to see small market dealers complaining they can't take any more cars because they can't move what they got. Here in Pasadena, where there is a used car lot every 100', I'm seeing cars sit, mostly large SUVs and trucks.

Re: Car values today.....versus later. [Re: gtx6970] #3018943
02/25/22 09:28 PM
02/25/22 09:28 PM
Joined: Jan 2003
Posts: 29,662
Hamtramck, PA
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Alaskan_TA Offline
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Originally Posted by gtx6970
In light of recent world eventa.

I wonder what car values going to go.????


No way to know for sure.

That said, VIN swapped cars, cars with fake fender tags and / or any other fake documentation are at the bottom of the barrel.

Any value plummets to zero in some cases, all too many cases.

Re: Car values today.....versus later. [Re: gtx6970] #3018951
02/25/22 10:17 PM
02/25/22 10:17 PM
Joined: Apr 2005
Posts: 2,226
Anderson, SC
resqguy Offline
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If the trends of regulations coming from government continues, I see the possibility of push back from buyers on new vehicles. The push for EVs, added sobriety devices, unrealistic fuel efficiency standards etc. will force manufacturers to produce cars no one wants (or can afford).to buy. We could reach a point where more and more people will just keep the cars they have and will do whatever it takes to keep them on the road. That would represent a major hit to the remaining auto manufacturers.

I wouldn't be surprised if even some of the pieces of junk from the 80's start to increase in value. All that would be good for the parts manufacturers and the repair and restoration business.

The internet tycoons and other connected people would continue to buy the super exotics, but that will be a limited market.

Re: Car values today.....versus later. [Re: Mastershake340] #3018957
02/25/22 10:43 PM
02/25/22 10:43 PM
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Posts: 15,565
Omaha Ne
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TJP Offline
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Omaha Ne
Originally Posted by Mastershake340
Some questions about today’s rising market are who are these buyers, and where are they getting the money?

I've wondered if a lot of the money being thrown around is from individuals that profited from the covid thing one way or the other. the recent auctions reminded me of the dot.com boom and makes me wonder if a similar Bust may be in the future. Myself I don't think it can continue just as Wall St didn't in 1929, the RE crash in 2008 ? and several others over the years. History repeats itself comes to mind along with, what goes up must come down. I do think there will be a "settling" in the not to distant future twocents

Re: Car values today.....versus later. [Re: formula_s] #3018978
02/25/22 11:48 PM
02/25/22 11:48 PM
Joined: Oct 2005
Posts: 4,968
WI
Dcuda69 Offline
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Originally Posted by formula_s
Dow was up 834 points today.


Still down in the year....almost 2000.

Re: Car values today.....versus later. [Re: Dcuda69] #3018980
02/25/22 11:57 PM
02/25/22 11:57 PM
Joined: Jan 2005
Posts: 8,341
Crook County, ILL
Mastershake340 Offline
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Has anyone shown a correlation between the Dow and car prices? I’m not aware of any, but if there’s any evidence let me know.
It snowed here yesterday into this morning and the Dow was up both days. Snow in Chicago makes stocks go up! No more snow forecast for the next week.
Short the market! twocents

Re: Car values today.....versus later. [Re: gtx6970] #3019029
02/26/22 10:25 AM
02/26/22 10:25 AM
Joined: Jan 2003
Posts: 12,327
Benton, IL.
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DaveRS23 Offline
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If we are talking new vehicles, there are too many things in play to really know what is going to happen; inflation, gas prices, more major world events, chip shortages, and the manufacturers are adjusting to the new normal and the way they do business has changed forever. But higher new vehicle prices and shortages cannot change until the chip situation is completely behind us. And that is not likely to happen until at least later this year. And that is what has driven the price of used vehicles up.


Master, again and still
Re: Car values today.....versus later. [Re: Mastershake340] #3019037
02/26/22 10:35 AM
02/26/22 10:35 AM
Joined: Sep 2003
Posts: 19,696
north of coder
moparx Offline
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my 1999 caravan [my "bus"] and my wife's 1994 Chrysler concorde will last us until we croak.
i have a bunch of "stuff" stashed for each, so keeping them running will be no problem.
what i don't understand, and i haven't for a very LONG time, how do people in my area [with depressed jobs and wages] afford new, expensive vehicles, especially 4x4 pickups and suv's ??????? shruggy
and before anyone says it, my officers [i have been a police commissioner since 1985 or so] have done a FANTASTIC job busting dope dealers ! boogie
beer

Re: Car values today.....versus later. [Re: moparx] #3019050
02/26/22 11:23 AM
02/26/22 11:23 AM
Joined: Jan 2005
Posts: 8,341
Crook County, ILL
Mastershake340 Offline
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Just take a loan, I think you can get terms on car loans up to 10 years now. Pretty soon they’ll have to start calling car loans mortgages!
Does that make financial sense? No, but a lot of people are pretty reckless managing their money. If things go bad they can just declare bankruptcy!

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