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Hopefully the prices will come back down to earth. The blue collar worker will again be able to afford a very nice, well restored, collector car. I like to think you will again be able to buy nice cars for 20k, but you have to wait and see. A recession may lead people to invest in other things…
It certainly will be a buyer’s market this year. If you are selling and can afford to hold for a year, it might be wise to wait this change in direction out.
But, I do agree with Amigo2K, now is the time to buy your next (or first) collector car.
Marshall
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