Interesting comments from the people who run AMCS.

[Donny]

Muscle Car Market.. Have we reached the turning point?

Finding the bottom of the market in any investment category is difficult but judging by the current inquiry levels and sales the market is finally feeling that the bottom has been reached and its time to get back into the market. Perhaps this is a good time to look at buying your dream Aussie Muscle car?

The Muscle car market has certainly been through recent ups and downs. But if you look at the market over the long term, you'd be smiling if you'd bought any Muscle car 30 years ago. Even if you'd bought one 10 years ago you'd still be well and truly in the black.

So given that the trend with Muscle cars has been upwards over the long term, would it not make sense to choose to not follow the crowds and go full speed ahead with the purchase of your chosen ride. Recent sales indicate that some (we believe clever) people are in fact deciding to go against the tide and are buying. All our Phase 3s that were for sale are now gone. A Vitamin C E49 Charger has just been sold. I have very few XYs for sale and one very good untouched Vermillion Fire car just sold for $150,000+. Not too many XWs for sale either. A well priced XR GT sold in one day. And we just can't get enough LX SS Toranas let alone A9Xs or L34s. The Brocks are selling well - especially the VK Grp As. VCs are slim pickings and VHs are gone as soon as they come in. I don't even have a VL Grp A for sale at this stage. And quite a few Walkinshaws have been snapped up so that there are very few on the market.

Good ZC and ZD Fairlanes are rare to find and now pulling good money as are early HQ 350 Statesmans. And early Valiant regals, AP5s and Chrysler by Chryslers very rarely come up and are gone in no time.

As the supply in the market starts to dry up, you will see prices start to firm up. It might not happen over night. But we believe it will happen.

Just think what the price guides said these cars were worth 10 years ago, 20 years ago. And where will they stand in 10 years time?

Picking the best time to get into the market is difficult. But I think all indicators are there to suggest that this might be a good time to indulge your passion for these unique never to be repeated time machines of Aussie motoring history.

And also remember you can buy a collectible car in your super fund as long as you meet certain rules. Check with your accountant or financial advisor for more information.

Good luck with your search and enjoy your Muscle car.

So, what are peoples thoughts on this?? Agree, disagree?? WHY??