The Mecum Effect...Part of the Problem...or Part of the Solution???

averagejoesautos said

Hey Guys, figured it post a though provoking post. As some of you may...I spend a majority of my free time searching craigslist, ebay, newspapers, swap meets, newspaper ads, etc for scores on projects and cars parts. As of late, I've been noticing something i coined the "Mecum Effect". We've all see the ad littered with such phrases as...NUMBERS MATCHING...ALL ORIGINAL...FRAME OFF RESTORATION....TRUE SURVIROR. The phrases in and of themselves arent the issue...its the fact that these terms are used on cars that really arent collectables.

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I agree with you and I spend a considerable amount of time cruising Craigslist etc. daily too! I mostly like to see what the price trends are or to look for screaming deals on project cars. There are some KILLER deals out there right now! But yes, those people or companies who are trying to whip up enthusiasm for their "ultra-rare 4 door with a 6 cylinder/2-speed automatic and aftermarket A/C" are just sheisters just like have always been around. People who actually know their stuff can easily find excellent deals in this market and I think that Barrett-Jackson effect has reversed.

Maybe not for older retired people with money burning a hole in their pocket though. Don't forget.....Craigslist is a free ad which is almost like being able to gamble for free. You might find some unsuspecting sucker to buy this stuff , thinking it's going to go up in value later on.