I frequent a few of the classic auction sites. They’ve convinced themselves that certain cars are “investment grade.” They’ve been able to turn around and sell them for more in a year, for several years now. But, collector cars go through peaks just like everything else. Two-seater Thunderbirds, for instance. They were sky-high a decade ago, now you can get a pretty nice one in the twenties. There’s a generational aspect to the peaks and valleys, too. Collector cars peak as the people who remember them and always wanted them reach their peak earning years, then the price falls off as younger people don’t quite have the same level of interest.
Yep.
I think you can buy a 20s car a lot cheaper now.