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Historic / Collectable Race Car questions
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<blockquote data-quote="JohnW#88" data-source="post: 13501052" data-attributes="member: 126258"><p>Calling all historic race car experts.</p><p></p><p>I'm always in the market for a new toy, how do I begin understanding and tracking the very fluid market that is collectable race cars? </p><p></p><p>As an example, 70's Trans Am Boss 302's (real and clones) are all over the map in terms of selling prices, how would a buyer know what a "good deal" is? </p><p>(given the name drivers, championship cars, factory vs privateers are all an easy concept to understand the impact on price). </p><p></p><p>I want to dig deeper.</p><p></p><p>Is there a "price guide" with median prices?</p><p>Are there consultants for hire? Consultants that specialize in a certain segment? The ones advertised on the internet seem a bit sketchy.</p><p></p><p>I understand documentation is critical and it adds or detracts value, but are there "tells" that help predict future movement or is it a crap shoot based on a future buyers desires?</p><p></p><p>Guys, I'm looking for big picture concepts as to how to understand this market better. The more I think I know, the muddier the water gets.</p><p></p><p>Thanks all.</p></blockquote><p></p>
[QUOTE="JohnW#88, post: 13501052, member: 126258"] Calling all historic race car experts. I'm always in the market for a new toy, how do I begin understanding and tracking the very fluid market that is collectable race cars? As an example, 70's Trans Am Boss 302's (real and clones) are all over the map in terms of selling prices, how would a buyer know what a "good deal" is? (given the name drivers, championship cars, factory vs privateers are all an easy concept to understand the impact on price). I want to dig deeper. Is there a "price guide" with median prices? Are there consultants for hire? Consultants that specialize in a certain segment? The ones advertised on the internet seem a bit sketchy. I understand documentation is critical and it adds or detracts value, but are there "tells" that help predict future movement or is it a crap shoot based on a future buyers desires? Guys, I'm looking for big picture concepts as to how to understand this market better. The more I think I know, the muddier the water gets. Thanks all. [/QUOTE]
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