What's going on?

[FHP813]

Allot of SSP's being sold lately. Is it the economy, people losing interest, flippers? Cars are always changing hands, it just seems way more in the past few months.

[whr44]

Part of it is probably the economy.
Some is to use funds to restore other SSP's.
Hopefully the new owners are members or will become members.
Seems like a few of the cars that have sold recently have been lost.
It's nice to know if there are other ssp owner's that you might see local or at a show.

[Vintageracer]

Bernie,

I've observed more nice or completed cars for sale than in the past. There have been a decent number of restored or nice original SSP cars for sale lately. Cars that sell or are advertised for $10K up. I would say that very well could be due to the economy as people need to free up funds for other uses that better fit their family needs at this time. I know that was the reason I was able to purchase the OSP Saleen Mustang I purchased in November from its longterm owner.

The number of rough or unrestored SSP's (heavily modified and or not) seems to me to be about the same. These cars always seem to be available in quantity. I think that this type of car has taken a major hit price wise since the price of the nice or restored cars for sale lately have been so reasonable. Let's face it, given the cost of restoration, parts and labor, you could be given for free most of the rough or modified cars that are available and still not be able to restore the cars to the level of the nice cars available right now for sale.

If a persons budget can stand it, I think is an excellent time to buy a nicely restored or nice original SSP. In relation to the cost of parts, labor and restoration, most of the nice cars available today look cheap in my mind!

[stadair]

Here is another reason: I just lost my job yesterday and am contemplating selling my SSP, which I just acquired in June! But I think that I will wait till I get rid of my convertible first. But it's been up for sale since August with very few nibbles to speak of. Hopefully this will be a short temperary situation. That said, anybody in the Detroit area hiring? Even though I'm a pilot by trade, I won't be too picky right now.

[ImEvil1]

Sorry to hear that, Toshi. What were you flying? Good luck in your job search, and I hope you can keep your SSP, too.

There does seem to be alot of flipping going on, but I think that some of the movement is just some of the same people buying and selling back and forth because they've changed their minds, changed priorities, or just like doing it.

[Andy]

Originally Posted by ImEvil1

Sorry to hear that, Toshi. What were you flying? Good luck in your job search, and I hope you can keep your SSP, too.

There does seem to be alot of flipping going on, but I think that some of the movement is just some of the same people buying and selling back and forth because they've changed their minds, changed priorities, or just like doing it.

Mike....in another car community i know of? we sometimes have weasels that infiltrate the group
pretend to be a (great car guy buddy) but all they want is to do is
flip your car or parts because it's all about them.

... Last year i sold a car that i had for over 18 years
I restored it kept it nice and thought i was selling it to a fellow collector....and in less then 18 days
He flipped it....I suspected that he would do this so i asked him what his intentions were and he assured
me that he loved the car and was keeping it. as far as this community goes I think were all about the CARS
here ....but as these cars increase in popularity their will be people that will see easy money......

I have attended the Barret Jackson auction every year since 1975 and was
at the auction Thursday
people prices vendors selling/showing of products and Cars.....ALL way
off from recent years past.
.....sorry to hear about your job Toshi.hang in and remember that it's family and friends first
the rest of this is just stuff.