72 RR on CL... Is the market crashing?

billzilla · Post by **billzilla** » Sun Jun 08, 2008 7:54 pm

http://sfbay.craigslist.org/sby/car/711930664.html

Even without the original motor it seems like this is awfully cheap for what appears to be a relatively mild resto job...

landon1 · Post by **landon1** » Sun Jun 08, 2008 8:14 pm

i think prices of the cars are coming down.....i wish the price of PARTS would come down

471Magnum · Post by **471Magnum** » Sun Jun 08, 2008 8:49 pm

That car is also on Ebay.

I don't think $7500 is low at all for a 72 in that condition, and that color combo.

Smellslike1974 · Post by **Smellslike1974** » Sun Jun 08, 2008 8:57 pm

Just think what you could do with $7500 to a car in worst condition.

mopar71 · Post by **mopar71** » Sun Jun 08, 2008 9:08 pm

landon1 wrote:i think prices of the cars are coming down.....i wish the price of PARTS would come down

Ill drink to that!

Color combo! black seats, green dash, door panels,steering column,gold outside! YUK!

RS23-71 · Post by **RS23-71** » Sun Jun 08, 2008 9:14 pm

Hmmmm I thought for sure with the economy sick, the dollar tanking, increase in unemployment and $4.00 gas our cars would be selling like hotcakes. /sarcasm off

The market value on classic cars alway goes up and down. With things a bit rough right now the only ones that will hold their value the best are the most popular models and those that are a bit more rare. Only ppl buying them right now are mostly those that have extra income to do it.

DeLorean00 · Post by **DeLorean00** » Sun Jun 08, 2008 11:10 pm

Well then I guess I am glad I sold mine when I did.

landon1 · Post by **landon1** » Sun Jun 08, 2008 11:12 pm

i think any car that doesn't get 30 mpg is crashing....i see a TON of pickups for sale way below what they're "worth" my mustang lost several thousand in value when gas really started goin up...

moparmodeler · Post by **moparmodeler** » Tue Jun 10, 2008 8:45 am

It is obvious that we are in a recession. Fuel prices go up, so does the cost of living. Most of use are earning the same but spending more on necessitates thus drastically dropping our project funds to little to none. What is worse people are now having to sell there projects to cover their bills.

mopar71 · Post by **mopar71** » Tue Jun 10, 2008 11:49 am

moparmodeler wrote:It is obvious that we are in a recession. Fuel prices go up, so does the cost of living. Most of use are earning the same but spending more on necessitates thus drastically dropping our project funds to little to none. What is worse people are now having to sell there projects to cover their bills.

That does suck,if you have one of these projects like I do it costs me nothing to have it sitting in my garage till the funds do become availiable some people dont have that luxury.I just hope the economy picks up and the new pres can get us jobs.