[BRENT in 10-uh-C]

I think much of it is because CDs are paying less than ½ percent and so what I am seeing/hearing is folks are looking for cars at around $10k or in the $20k budget range. To me it appears folks are having their CDs maturing and they are thinking if they take that money and buy something they can play with for a couple years and then sell it for a few hundred dollars profit (very likely) then they see it as making the same as what their CD would have and they got to enjoy their "investment" some.

I personally think we are in the beginning stages of another "price hike" in the hobby that will probably see 10%-15% value increase in the next couple years over what they were five years ago. Part of that reason is it is costing more to repair/refurbish/restore a car now so people have more in them.

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