Interesting thoughts and makes perfect sense when you think about it! Today's college bound kids unless very gifted academically or have a rocket arm or well to do fiances face a hugh debt burden with really no guarantee of anything upon completion. The problem is what is the solution for this growing concern to get an education for the masses without mortgaging there first 10 years of employment at least and allowing them to have $ for a decent car.
I'm sure Washington is right on top of it!!

Kurt

Bob:
There is one segment of the market red hot. That segment is the classic car game. There are classic car auctions somewhere every week, and they are well attended by gray haired guys with money who would rather buy a $200,000 classic than a Picasso. I see the nearly over 40's getting into the game as well. Muscle cars appeal to those who loved them in the 60's-70's but could not afford them, and now they could so they'll pay anything to get the adrenalin flowing . again. These high end classics change hands every few years and usually appreciater far better than stocks, art, etc. Whether it will last, we don't know, but these classic cars are very hot now, and I think I'll shift into it an get my feet wet....
Gerry Acquilano

Bob:
There is one segment of the market red hot. That segment is the classic car game. There are classic car auctions somewhere every week, and they are well attended by gray haired guys with money who would rather buy a $200,000 classic than a Picasso. I see the nearly over 40's getting into the game as well. Muscle cars appeal to those who loved them in the 60's-70's but could not afford them, and now they could so they'll pay anything to get the adrenalin flowing . again. These high end classics change hands every few years and usually appreciater far better than stocks, art, etc. Whether it will last, we don't know, but these classic cars are very hot now, and I think I'll shift into it an get my feet wet....
Gerry Acquilano

Very thought provoking. I have a contrary point that might be a saving grace. Ten years ago before the recession we were moving car accessories by the boat load, literally. Once the disaster came everything became mud. Years later industries rebounded, industries laid waste and the used car is still something we can’t live without. Accessories and cars to me were very inter-related, and we saw everything get pummeled, I mean the world was on sale, but in the end real values for used cars were measured in the lanes and it was evident what buyers were willing to pay for them; and accessories, to put it right, was never the same.
Then people were trading out of their heavy luxury leases and actually needing to buy; credit froze, credit rating crashed and buying a used car was sometimes an only option. Soon, when the world realized that inventory was low, used cars became a hot commodity again.
Here I am ten years later, accessories long behind me, cars only ahead of me, I've seen some trends come and go. I am that 40 year old; my first Cadillac was twenty years ago, a dumb college dropout, recruited to Wall St. I loved cars then and I love cars now and you're right, cost of living is at its highest, school debts even higher and... eh, Uber, may cut into the value of owning a car, maybe even the need, but not into the desire. Well, I hope not.
I love to tell you that I know a trend of youngsters and some mid-aged as well that own two, three or four cars; and that's a trend I didn't recognize twenty years ago. And yes some of these are classics, which just proves the point that people know where there’s value and the trend is there. We can’t help it, Americans love cars; at my age I’ve seen cars become classics in my own lifetime.
Let’s hope the manufacturers play well into the marketplace and make cars that, plain and simple, people want to buy.
Like anything else, the inherent value of the car must fluctuate based on the relevant supply and demand that’s out there, but as long as it's there it'll trade - and it's there, and it ain't going anywhere yet, and ‘Yeah’ for that because that's what we do, we trade 'em.
America has always had this love affair with cars. Now, I hear Uber all the time, I have a friend that drives Uber; I don't know, maybe this is America's new love affair but so was the smart phone, flat screens, social networking and I’m sure that all of those have had some sort of an impact on the automobile but it’s still here. We are living the future we dreamed of now; the autonomous cars is practically in stores. I'm not sure how having an autonomous convertible sports cars is going to be much fun soon but somehow it'll be that that'll grow on us and proven to be exactly what we want.
I'm excited about the lineup of cars for 2016-2017, we’re touching off on 2020 and the technology is moving so fast and if it's the lust for cars that drives the market or it’s Uber that creates a volatility in values or outright need, so be it, I’m in; you're trading 'em and we're buying 'em. I say for every Uber car on the street Americans should put 4-5 deep in their garages. Gasoline is still the cheapest in these parts, and we still have a passion for horsepower. Twenty years ago a top of the line Benz might’ve set you back $60-70g, today it’s twice that. If in twenty years from now, with all the influences the personal automobile might have, a Camry sells for what a Benz did then, when that trade comes in, I think I’ll be glad that I made the move to cars.

Happy Birthday America
Trade On!