Here come the Panic sales of Collector cars, motorcycles, mini bikes, etc.

pomfish

Well-Known Member
#1
Just like in 2008 stock market crash, guys near retirement or in it that went from not knowing what to do with all their money in the market to whoosh, vaporized to squat.
Now the old cars come out of the woodwork usually with "On Dope" price to start, just to fish for a sucker, then reality will set in and they get cheap fast and still sit.
People close their wallets in times of uncertainty and this time will be no different.
Will no doubt see more vintage mini bikes for sale as well soon.
Hang on people, the ride is going to get bumpy.

Peace to all and be safe.
Later,

Keith
 

PatrickCraik

Well-Known Member
#2
Most of us older guys arent worried about it, I'm way more worried about getting sick. I dont think we'll see a major junk sell off. Some guys will,younger,of course, because they had no money to begin with. This crisis is nothing like '08. Our economy is still very strong,the virus will run its course therefore the current downturn is temporary.
 
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