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The Decline of the Muscle Car Market?
I'd be interested in opinions and comments about this issue. I don't doubt that the muscle car market may be back sliding. But, I'd like some feedback as to why. Personally, I think the price of gas has some impact. I mean, what's the fun of a muscle car if you can't afford to drive it? Furthermore, there has to be a finite supply of "more money than God" buyers out there. And, sooner or later, the elements of supply and demand were bound to catch up. Likewise, this hobby is still largely supported by "average Joe" buyers. And, when the price of a '69 Z-28 becomes too far out of reach, then something has to give.
In many markets, the price of real estate and declined and has now for a couple of years. It only stands to reason that less commodity-like items would eventually get sucked into the same vicious cycle.
Gentlemen, the floor is yours . . . . .