TMCP #494: Ask Rick – Valentine’s Day, Next Gen Mustang, Let’s Make a Deal on a Classic Car

The MuscleCar Place

Robert Kibbe

Automotive, Leisure, Business, Careers

4.8 • 701 Ratings

🗓️ 4 February 2022

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

Love is in the air and Valentines day is upon us. This time on Ask Rick, we dive into a subject we love .... and that is (potentially) buying more old gasoline powered classic cars. Rick recently attended the Kissimmee Mecum auction with good intentions of bidding on a few examples. He remarked that the prices were huge and the numbers blew right past what he planned on and kept skyrocketing. In previous episodes Rick said he believes that gas powered collectible cars will go up in value as new options start to dwindle being replaced by silent electric offerings.

The post TMCP #494: Ask Rick – Valentine’s Day, Next Gen Mustang, Let’s Make a Deal on a Classic Car first appeared on The Muscle Car Place.

Transcript

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0:00.0	The Muscle Car Place online podcast episode number 494. This week, Rick Schmidt from NPD walks us through a serious look at the collector car investment market today in 2022. Those January auctions at Meekam, Barrett Jackson, and the like, they've all happened now. On some cars, values are up, way up. And it begs the question why. Are people hedging on inflation?
0:23.6	Is the access to cheap money to borrow just too enticing? Are people trying to sell and dump their
0:29.2	classic cars just because they fear we're going to stop making gasoline sometime soon? Rick has a
0:35.0	thought, and you might have guessed, he thinks the naysayers are all
0:37.8	wrong. I predict it's quite the opposite for our car hobby. I think it's going to really
0:43.5	stoke the flames of nostalgia and value. This is the Muscle Car Place, weekly online podcast. Brought to you by National Parks Depot. This is the Muscle Car Place, weekly online podcast.
0:55.1	Brought to you by National Parks Depot.
0:57.8	This is the weekly show dedicated to people worldwide who love American muscle cars.
1:03.6	Whether you're buying them, selling, restoring, or even racing them, this is the place for you.
1:10.0	Now, here's your host, Rob Kibby. Yes, indeed, I am
1:14.9	Rob Gibby, and welcome to the Muscle Car Place podcast. Well, fun show today. Here we are. It is now
1:20.7	February of 2022. So how did that happen? January is over, and I hope that means that you have accomplished your 30-day
1:29.5	goal, meaning you can now focus on that six-month one and have the one year one simmer on the back
1:35.3	burner. For me, halfway through January, I had a new goal thrust upon me. And that goal was to
1:41.5	lower my blood pressure, which I didn't know was a goal until halfway through
1:45.1	January. So I'm now working on it. And it's not real high, but it's higher than it could be.
1:53.2	So I don't ever want to have the heart issues that my dad did. And I want to keep things that way,
1:58.3	keeping that blood pressure down in the pro-athlet
2:01.0	range, I guess, is my need. I have about 15 more days here to see if just changing my health
2:06.7	around, just being intentional about eating and what you're not eating, will work. If not,
2:12.4	then, you know, time to consider low-dose meds, which I don't want to consider, so I'm just
2:17.2	going to work on the health.
	...

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