Originally Posted by RoostKing
That is not correct. I remember being in high school, 20 years ago when the market started to heat up. The rarest of the rare were getting into six figures. Now they are the million dollar cars that we dont see at BJ becasue they are just that, the rarest of the rare and in private collections of the very wealthy who enjoy the cars for what they are, not what they are worth today (Not that they drive them mind you, but they didnt buy them to speculate on prices in the future.)
RoostKing....
What you are looking at is supply/demand/economies of scale. Yes, these seven figures these cars are fetching are due to the elitest 'collectors' driving the prices up. As our dollar continually spirals downward, the amount needed to buy into the prestigious club goes up. As far as the very wealthy enjoying their cars, it looks more and more to me that they dust off the car and have flat spots on the date coded glass belted radials. Driving the car? That might erase any inspection marks on the date-coded clutch!
KFD