acheck
Well-known member
Not entirely true.
For the most part things have just paused. prices will only fall if owners decide they need to liquidate. so far, I have seen more people wanting to buy (a hard asset) than needing to sell. but, it is early.
2008/2009 kicked off a 10 year run up in the 7 figure car market, which stalled out about 2 years ago. so with things having been flat in that market for some time, this event may generate some liquidity and get things moving again.
a month from now all will be more clear.
That being said, the D90 in question was a "world record" sale and it was never in danger of selling near that amount again in the near future. The BaT sale was just a stunt.
For the most part things have just paused. prices will only fall if owners decide they need to liquidate. so far, I have seen more people wanting to buy (a hard asset) than needing to sell. but, it is early.
2008/2009 kicked off a 10 year run up in the 7 figure car market, which stalled out about 2 years ago. so with things having been flat in that market for some time, this event may generate some liquidity and get things moving again.
a month from now all will be more clear.
That being said, the D90 in question was a "world record" sale and it was never in danger of selling near that amount again in the near future. The BaT sale was just a stunt.