Alex Postan
New member
Let's hope that you are right. History says otherwise. [8|]
restored rs
- Thread starter Guest
- Start date
Let's hope that you are right. History says otherwise. [8|]
Back in 1989/90 there were a lot of speculators and a lot of cars were bought on finance, or on the back of vulnerable equity. Many cars were of questionable value and integrity and a lot of lessons were learnt after the crash.
This time around the serious collectors and racing enthusiasts are better informed, and there is a huge new wave of buyers in eastern europe and the far east, as well as much more resiliant global wealth.
Yes, some mistakes will be repeated and, yes, certain sectors of the market will suffer if/when the market deflates. But, there is enough sustained wealth for the most desirable cars to remain in demand.
That's not to say that prices won't fall - they may well, but they won't collapse unless something exceptional occurs, seriously threatening global stability.
All IMO of course[
]
This time around the serious collectors and racing enthusiasts are better informed, and there is a huge new wave of buyers in eastern europe and the far east, as well as much more resiliant global wealth.
Yes, some mistakes will be repeated and, yes, certain sectors of the market will suffer if/when the market deflates. But, there is enough sustained wealth for the most desirable cars to remain in demand.
That's not to say that prices won't fall - they may well, but they won't collapse unless something exceptional occurs, seriously threatening global stability.
All IMO of course[
]paul howells
New member
Interesting chassis plate!!! non of the numbers look right,do they? I wonder what the production number is,may be the crayon was not working on the day of the build.
Its a fair resto though,and taking shape nicely
Its a fair resto though,and taking shape nicely
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