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Re: Shelby e-bay auctions

Discussion in 'Shelby Mustang List' started by GT350HZ@aol.com, Dec 19, 2005.

  1. I know that the market on Shelby's has jumped even more with speculators
    entering the market. This frequently happens with a market that has risen
    already substantially. When you look at it, the cars have almost doubled in the
    last three years. Prices doubling means it is time to jump into the Shelby
    craze and buy more!? There is a period that this will continue and then there
    will be a correction as the market seeks out a true level. Once the curve
    takes a downward turn, it will drop as speculators will try to get out of cars
    that they have a profit in.
    Considering I have bought my cars to drive and enjoy, I have never been
    concerned that the value is going to go up. I figure that they are likely to
    hold their value over the long run. The enjoyment is much better than the
    monetary profit I could gain.
    I can not say what will be the peak on Shelbys. Some people are speculating
    that when Carroll Shelby passes that it will cause a Ferrari like explosion
    in prices. I have seen some areas of price resistance which to me indicated
    a healthy market rather than weaker. Several of the perceived barriers have
    been crossed after months of stagnation. Hopefully the upward market will
    not ruin the gatherings like Las Vegas, Tulsa, or the SAAC nationals.
    Lee
    66 #869
    69 # 2055
     

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