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Future Value of Vintage Volvos 120-130

posted by  Tom O. on  Sun Jun 12 19:00 CST 2005
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I can't help but think that there will be a sharp increase in the value of our old Volvos in the near future. My resoning? What has kept the value down, is the abundance of Volvos that are in poor condition or even junked. People, like us, buy these old cars for a song and then spend thousands restoring them. Eventually the supply of unrestored cars should dry up. Even now, most cars that are still in poor condition are rust buckets that are beyond help. Once we reach the point that all cars are in good condition, the prices should rise dramaticaly. This scenario is dependent on there being a steady or even increased demand for them. But I get the feeling that people love these cars, and that includes young people. Well that's my reasong, faulty though it may be.
Tom






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