I am conflicted about what this might mean for the rest of the market, both this year and going forward. Will the excitement of so many high end cars create a price bubble this year? Will that bubble burst after that?
Or will it scare away other good cars this year because they think all the money will be spent on Pratts cars?
I've got a Boss 429 that is in nice "driver" condition...do I take it there in January in hopes of piggybacking the celebrity of hte Pratt collection...do I hold off thinking I would get lost in the crowd...will the market survive "post Pratt".
Personally it doesnt matter much to me. I didn't buy the B9 as an investment...I bought it because I had always wanted one. I'm selling it because I now want something else more.
But I am truly curious as to the overall effect his collection sale might have. I will be there to witness!
Greg, I tend to agree with you that it seems a mistake to flood the market with all these cars at one time. I do not know Ron Pratt personally, nor his reasons for selling, but I have to suspect that in the overall scheme of his life these cars have now taken a much lower priority. It's not a fire sale, it's not a statement...it's just another chapter.
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Bret Voelkel
President
RideTech
Air Ride Technologies, Inc.
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