NASCARCorvette No. 211

Classic Corvette Market Bubble

Is the bubble bursting on collector Corvette prices?

Unlikely, as the popularity of car (Corvette) collecting is still in its infancy and growing at a pace that outstrips the availability of nice cars. The popularity of Corvette ownership knows no boundaries and many Corvettes are sold overseas including unusual places like Russia, Hungary, Croatia, Kuwait, Japan, UAE, New Zealand, and many South American countries and within the next ten years... China!

Also, a broad base of money resides in the pocket of the Baby Boomers. They hold the largest ever collection of dispensable, discretionary income, and assets ever in the country's past or possibly the future and they want something special. Boomers control much of the monetary whims of the economy and they prefer a hard tangible asset they can enjoy and prefer instant gratification while filling voracious egos owning something that no one else has.

Tags: Corvette Market