I think one of the largest segments selling these cars are retired, fixed income folks. Most of the people that bought these cars new were middle aged men who are now at or close to retirement age. With inflation where it's at, I wouldn't doubt there is quite a few that are selling their cars to help pad their nest egg. The cars are getting older, they are starting to require maintenance, they were tough to drive if you are not able bodied compared to newer cars. I think the older generation are looking for something more comfortable, and putting their race car days behind them. That only leaves a few generations of folks to buy these though, as most 25 and younger did not grow up with these, so they don't have the desire to buy them like those in their 30s and 40s. They want the newer cars from their high school years. So you have a smaller buying market, mix that with an economy that has the average consumer struggling to buy groceries. That in turn hurts the value of anything not considered necessary. My personal opinion, they will fall in price for 5 years or so, then you will see prime examples rolling across barrett Jackson like old boss 302s. The high mileage cars during the recession will turn into parts cars, the mid mileage ones will turn into high mileage cars, and the low mileage examples will start to get fewer and far between, and turn into the next great collector car.
