I've been seeing a slightly downward trend on the auction sites.
It dropped significantly after the pandemic when it got really hard to find cars, and the area markups were crazy, but I've seen prices come down a bit over the last few months. Talking about prices on cars like Boxers, Caymans, BMW M-cars, etc. If someone wanted to sell their "driver level" car, they've probably just missed their window for max profit.
But if they have a true classic, those are still holding (or increasing) their value. Just saw Steve McQueen's old 917 is going up for auction, and that's probably going to sell for $25M+. It's changed hands several times since Steve owned it, and I think the last time it sold was in the late 70s/early 80s when it sold for <$20K. It might have changed hands since then, but that one sale really stood out to me...lol
Thread Replies (19)
And now for some good news? You might find Pappy Van Winkle soon
-- Va AandM
Jan 13, 2025 at 03:38 PM ET
Va AandM
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01/13/25 03:38 PM ET
Not just bourbon. Beer/liquor sales are down across all segments
-- GOHOKEE
Jan 13, 2025 at 05:48 PM ET
GOHOKEE
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01/13/25 05:48 PM ET
Buddy of mine at a beer distributor agrees
-- Beerman
Jan 14, 2025 at 01:22 PM ET
Beerman
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01/14/25 01:22 PM ET
And wine. We just aren't drinking as much or the big drinkers are dying off**
-- UTPr0sim
Jan 13, 2025 at 06:31 PM ET
UTPr0sim
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01/13/25 06:31 PM ET
The Youth have reefer madness**
-- Va AandM
Jan 13, 2025 at 06:37 PM ET
Va AandM
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01/13/25 06:37 PM ET
Market for lower end stuff is in total collapse.
-- GreenvilleVT
Jan 13, 2025 at 05:12 PM ET
GreenvilleVT
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01/13/25 05:12 PM ET
So if they offered it @$250 a bottle would you buy more than 1?**
-- UTPr0sim
Jan 13, 2025 at 04:43 PM ET
UTPr0sim
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01/13/25 04:43 PM ET
I wouldn't buy 1 at that price
-- Vienna_Hokie
Jan 13, 2025 at 05:00 PM ET
Vienna_Hokie
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01/13/25 05:00 PM ET
My palate isn't discriminating enough to taste the difference between...
-- EDGEMAN
Jan 13, 2025 at 06:08 PM ET
EDGEMAN
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01/13/25 06:08 PM ET
I'm not sure that result is gonna happen anytime soon
-- Vienna_Hokie
Jan 13, 2025 at 03:50 PM ET
Vienna_Hokie
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01/13/25 03:50 PM ET
I suspect the crappy $50+ bottles from no names will all but disappear.**
-- UTPr0sim
Jan 13, 2025 at 04:42 PM ET
UTPr0sim
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01/13/25 04:42 PM ET
Agree, there is a lot of overpriced Meh on the market right now
-- Vienna_Hokie
Jan 13, 2025 at 04:57 PM ET
Vienna_Hokie
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01/13/25 04:57 PM ET
Like in any booming market, there is money to be made in offering mediocre
-- Tafkam Hokie
Jan 13, 2025 at 05:04 PM ET
Tafkam Hokie
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01/13/25 05:04 PM ET
Last time we played at Louisville in football, we went for a long weekend
-- Tafkam Hokie
Jan 13, 2025 at 04:30 PM ET
Tafkam Hokie
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01/13/25 04:30 PM ET
I don't see it happening anytime soon either...
-- EDGEMAN
Jan 13, 2025 at 04:28 PM ET
EDGEMAN
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01/13/25 04:28 PM ET
It needed to. Add cars to the list.**
-- No Clue
Jan 13, 2025 at 03:46 PM ET
No Clue
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01/13/25 03:46 PM ET
I've been seeing a slightly downward trend on the auction sites.
◄
-- EDGEMAN
Jan 13, 2025 at 04:35 PM ET
EDGEMAN
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01/13/25 04:35 PM ET
Backing off of MSRP was a start. Still a ways to go**
-- No Clue
Jan 13, 2025 at 05:42 PM ET
No Clue
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01/13/25 05:42 PM ET