Re: Barrett Jackson Auction

[farna@xxxxxxx]

I agree with you Nick, but it's a double edged sword, and that back cut is a killer for many! While prices go up parts become available, the price to get an old AMC goes up too. I predict that 5-10 years from now the price of an AMX or Javelin in good condition will be way up there, forget about one already restored! The late American will be right behind it because of the similarity to the SC/Rambler. While the SC/360 is a collectible, it never had the notoriety of most of the other AMC muscle cars. This will push more people into the Hornet/Gremlin/Concord/Spirit camp, which will in turn push those prices up a little, but not as much as the more popular cars. There should be more of the later available too. It's a vicious cycle! 

On June 30, 2005 Nick ALFANO wrote:

> The great thing about this is it is causing investors
> that are used to paying up for a car to look at AMCs
> as a great value.  This in turn is bringing up the
> value of our cars.  As the values go up and more
> people with money get into the hobby, more parts will
> start to appear.  Just think, maybe one day you will
> be able to get more out of your car than it cost you
> to build.  I saw a few AMCs go through the different
> auctions this year for $50,000+.  Why should a low
> mileage SC Rambler only be worth 1/15 the price of a
> Hemi Cuda.
> 
> Nick
> 


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