Barret Jackson just killed the car market

Well as if we didn't already know but the old car market is toast. Barret Jackson just confirmed and helped to lower the value of most cars. A lot of cars went for almost nothing. This is great for those of us looking to buy, but there are a lot of people out there going to lose money when they try to sell.

 

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Care to elaborate?

 

GOOD!! Now maybe cars can get into the hands of REAL car guys. I'm a life-long car nut and into it for the love of the cars, not the "investment".

 

The ones who pushed it too high in the first place? I don't get it. Reminds me of Goldilocks. It's too hot. It's too cold. When will it be just right?

 

Who gives a ****? This isn't a market, it's my ****ing life! I didn't get into this because I thought I was gonna make a killing on something, and I bet 95% on here feel the same.

 

Barrett Jackson is just a venue, supply and demand drive the market. Our hobby cars are basically non-necessities and the market has fluctuated since the first car got a 'for sale' sign hung on it. If you're a car guy, buy up a few. If you don't want to lose $$, then don't sell.

 

This is nothing new. The economy goes up, the economy goes down. People lose money, people make money. I agree Barrett Jackson ruined a lot of buying and selling of cars because everyone thinks their car is worth $10,000 more than it really is because they "seen it on the TV goin fer that price." However, dont look at it as losing money. Look at it as the price you pay to drive something you enjoy.

 

Good that it crashed. over priced, just like realestate !!! Most of the people buying cars at barret jackson look like they dont know how to turn a wrench or even wipe their own *** !!!!!!!!!!

 

I dont care. Like everyone else says its a life. I have to do this, i feel ****ed up when i dont work on stuff. I sold a 57 chevy for way less then i have in it but i want to buy another car and there less now, so i dont care. i just want a 54 chevy.

 

Barrett Jackson has NOTHING to do with building traditional rods and customs....

 

I'd like to see it crash farther, beings that all I can afford is useless **** anyway. ****s that I can't even buy a decent beater pickup truck for less than $2k.

 

Damn straight !

Pardon my ignorance, but have Barrett Jackson done something specific, or is this just a general rant
Paul