Happy New Year....searching for a new project....and car prices going down

With my recent back surgery behind me….I have begun the search for a new project in 2019. I’ll be attending the upcoming Barrett-Jackson auction in a couple weeks, which luckily for me is going to be held right here in the Phoenix/Scottsdale area.

Prices on a lot of collector cars have started to decline, so I’m hoping there will be lots of owners ready to sell some of their inventory. If you attend the Barrett-Jackson or Mecum auctions, or perhaps watch them live, then you’ve already noticed that a lot of cars are being sold with “no reserve”…..and there have been some amazing buys in the last six months. In particular, the market for classic motorcycles has really fallen, so I doubt if I’ll get back into that area for a while. I don’t know whether prices are falling due to the overall economy slowing, or the fact that a lot of collectors are simply getting too old to participate in this hobby any longer (a fact I can appreciate, since I can no longer work on my cars…only buy and sell them). I still own my 1958 BMW Isetta and the prices on them have held fairly level for the past year. The Isetta will be sold in 2019, so if you’re reading this and might be interested, please contact me via the link listed on the home page of my website.

Thanks for reading!

Wayne