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#11
06-17-2008, 12:24 AM
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+1 Have you noticed all the ssp cars lately that get relisted, or sell for stupid low money. People are selling them to buy gasoline to drive to work. Other people are buying them because those people are giving them away. Sure every now and again someone lists a car that a particular member here is looking for and it gets sold, but lately that has not happened much. the car on gov deals was a decent buy at 4425.00. Nothing special, no equipment, destroyed (faded white) interior, and I guarantee you a host of other problems not disclosed or photographed in the auction. The seller now is simply trying to flip the car and make some quick cash. Once his super duper rare one of a kind ssp car is sold he will move on to the next flipmobile and do it again.
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Jim for the first time since 1998 there is only two left: 1984 Oregon SP unmarked 1986 Idaho SP 
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#12
06-17-2008, 08:42 AM
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Mike, you are preaching to the choir.....I own a restoration shop. While there will ALWAYS be a certain portion of the population that will buy no matter what the general average Joe who dabbles into cars has pretty much stopped. Car collecting and restoration is a luxury and when the economy hits a downturn the luxury items are what go first.
I sell parts as well and I can tell you based on FACT that people have slowed their buying habits considerably.....when you can't give away a $1200 body kit for an '05 Mustang for $300 then there is obviously something wrong in the economy that is causing people to trim their spending habits. With that said...even though I personally have tightened things up, I am still buying cars but I am buying vintage Mustangs because the prices are good and it's an investment. I've bought 5 Vintage Mustangs in the past 6 weeks...all projects but all cheap and they aren't making them anymore...I picked up a '67 Big Block Coupe, '67 Fastback, '68 GT coupe, '66 GT Coupe and today I am picking up a '69 Mach 1. That is the plus side of the down economy in that people are willing to sell cheaper at times so if you are in the position it becomes a buyers market.....but the general spending habits of the consumer have in fact been affected and people are buying less. Even Ebay has seen a drastic decline in sales for sellers.....I use it as a garage sale and I know a lot of people who sell and the feeling is the same among everyone that nobody is really spending any money. As far as restoration goes....yes, it quite obviously costs the same to restore almost any car other than the availability of parts which can affect cost. That aspect of the hobby will continue (I still have a long waiting list) but it will slow down as it affects those who are not independently wealthy. ...and restoration costs are going up as well....as paint supplies see price increases and everything else under the sun....a quality paint job is only going to go up unfortunately.
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#13
06-17-2008, 09:29 AM
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That's what makes America GREAT!
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#14
06-17-2008, 01:05 PM
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I can attest to that. I paid 300.00 for a gallon of paint last week. 1 gallon of basecoat black + 1 gallon of clear+ hardner= 588.00
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Jim for the first time since 1998 there is only two left: 1984 Oregon SP unmarked 1986 Idaho SP
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#15
06-17-2008, 03:28 PM
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Yup....I have my own mixing system so I get a break on paint but we just sprayed this '93 Cobra this past weekend and the basecoat only was $350/gallon....we used the entire gallon on just the chassis. That is just color....clear, primer, etc all extra above that.
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#16
06-17-2008, 04:44 PM
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Wow! I wish I could do a car that way.
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Bernie  1993 FHP 813 1986 UHP SSP slicktop- Getting there little by little. 1993 Floyd Co Ga\Rome Ga pd SSP SOLD   Even grief recedes with time, but we must Never Forget. 9-11-01 Mustang Club of America member.
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