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Originally Posted by SeventyOne
Well the heart of this is inflation. People make more money, prices increase, rinse, repeat, until the end of time. Throw in the increasing rarity of these trucks every year and there you go.
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You’re right but it goes deeper. There has to be a passion, a desire to possess something before the things you mention kick in. Simply being old and/or rare doesn’t necessarily translate into higher value. Our trucks are highly desirable right now so values are rising. Someday (hopefully way in the future) the values will level off when demand does as another vehicle takes its place in the ranks of desirability. There is always the possibility of values actually retracting some day, particularly if prices enter a ‘bubble’. I’m seeing what I think are some wild prices recently. I, for one, hope it continues but question the sustainable.
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