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Re: Future collectables
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I agree with you young Mr. Hassett. I have 4 boys ranging from 18 to 27. They all like my 69 Z/28 but would never really want to buy one. My one son is in the auto parts business and he tells me he will beat me all day with a rice burner. When my kids look back on their youth it won't be the cars there fathers drove. It will be rice, Cavaliers and Neons. That is the way it is. I also predict that you will be able to buy these very expensive muscle cars we have today a lot more reasonable 25 years from now. I may be wrong, but I don't think any of my guys or their friends will spend 500,000 for a hemi cuda or 300,000 for a ZL1. I don't think the Japnese cars have much collectability but I don't think my kids generation much cares about that. They just want to go fast! Sam [/ QUOTE ] Right on the "money"- no pun intended. You are 100% correct. Cars are most likely a generational thing, and no doubt the time of the supercar is right now. Later- we will not care this is our time now. I happen to see both sides. It is a neat to appreciate the current gas price driven small displacement performance movement - and also contrast that with old school Detroit muscle. I like them both, however I cannot get the sound of 7500 RPM from a small block chevy out of my head. Perhaps that is why I like the Supercharged B series Honda because it (like the early Z-28's) will Rev it up. https://www.yenko.net/ubbthreads/imag...ns/burnout.gif |
Re: Future collectables
I hope you're right, so the younger guys who think "ricers" suck can snag up all the Yenko Camaros Chevelles and Novas for pennies on the dollar while everyone else is "investing" in Hondas and Mitsubishis...somehow I can't see that happening though, but it definitely would be ok by me... https://www.yenko.net/ubbthreads/imag...ns/naughty.gif
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Re: Future collectables
Everybody wanted a Model T in the 70's who really wants one now?
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Re: Future collectables
I rest my case Chris! https://www.yenko.net/ubbthreads/imag...lins/beers.gif
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Re: Future collectables
But the difference today is that they make a million of these import cars so they're all the same. It's the limited production high performance models that will always be the most collectible and I don't see that in any of the new stuff other than the purpose built cars/trucks like the SSR, SVT Cobra, Lightning, ZL1, etc. I just can't see a craze in the future where these kids today will be restoring their Hondas back to stock and putting the original hood, trunk, wheels back on them. If they do, better start buying up Honda parts now for pennies and sell them back for hundreds of dollars in 20 years.
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Re: Future collectables
Everyone thought that musclecars/supercars were only a thing of the 60's and 70's. Only time will tell, but I think the following of the high end cars is relatively limited due to the $$$ it takes to be involved.
I look at it kinda like the 15 year home building boom that we're still experiencing. Folks that have "made it" in their late 40's and 50's are plopping $500,000 - $1,000,000 homes (without a great garage/workshop)in these up-tight little subdivisions. There are way more homes than potential future buyers, it's just a matter of the numbers. So that leaves the $100,000 question... Who's going to buy these homes when the current owners want to reitre and move someplace warm. Granted, cars are different, but the number of future buyers seems smaller to me than the hobby currently enjoys. JMHO, Blair |
Re: Future collectables
The ricers may be the collector car of the future, but what kind of condition are they going to be in in 30 years. They may not be worth saving as they are not made with the same kind of metal that the supercars were made from. Anybody ever see the first generation Datsun's around??
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Re: Future collectables
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Anybody ever see the first generation Datsun's around?? [/ QUOTE ] Actually... http://www.hassettroofing.com/media/images/Group.jpg I dont think any imports will endup being as rare or desirable as some of the Yenko, Motion, etc. but I think they will be on par with the mainstream muscle cars. I am really not trying to be negative here, but as far as these "new" retro cars SSR, new GTO, SS anything, - I dont think they are going to be a big deal in 30 years. If anything maybe the ZL-1's, ZR-1's, GN's. GrandSport https://www.yenko.net/ubbthreads/imag...lins/dunno.gif On the other hand, take stuff like the new GTO - GM takes the Holden, slappes a 50 cent badge on it and markets it towards middle aged males who owned them in their youth people barely want them now, in 30 years -nah. More marketing like slapping SS badges on everthing - AVEO SS - WTF? If Ford re-introduced the model-t in 1969, would they be a big deal today. The ZL-1's... I am a fan, but can you really re-invent the legend and its history... I think the only history they are going to have is Christensen at the track. Again - I am really not trying to be an Import Nazi or bash everything. Personally, in 30 years I hope to have my main Civic (b/c I am attached to it), buy a nice 69 Z, and have my grandfathers Model-A. Drive them all on weekends maybe even beatup some Retro-Ricers in the Motion. Who knows... will the EPA even let us drive these cars in 30 years or will they just end up in bubbles https://www.yenko.net/ubbthreads/imag...lins/frown.gif |
Re: Future collectables
Mark,
Actually I believe the 1500 from 1964 would be the first gen Datsun.. http://www.datsunsports.com/Cars/641500.jpg You don't see many around. -Sam |
Re: Future collectables
Looks like a 70s MGB... only with wide whites! https://www.yenko.net/ubbthreads/imag...mlins/grin.gif
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Re: Future collectables
What the? ...oops, LOL. But hey, that one looks good https://www.yenko.net/ubbthreads/imag...lins/dunno.gif
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Re: Future collectables
They rusted worse than a Vega. Most of the early imports did. The VW Beetle is highly collected, but in truth was a death trap. The gas tank was over your legs, and the seats had a nasty habit of breaking off the floor bolts in a rear end collision.
I posted a pic of a derelict '57 Nomad on another thread, but what will happen to all of the Tri-Five Chevy's in a few years? Not many folks want to re-restore them. Who will buy the BIG $$$ Hot Rods and Choppers when their owners have other priorities, and the kids have no interest.The future collectables will be the cars that are still around in enough numbers to make it worthwhile to restore, unless everything is running on hydrogen or electric by then. JMO. Andy |
Re: Future collectables
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I am a race car guy,but I just picked up a car that I used to own and now have the intentions of restoring back to 100% original and limiting it's use so that it might actually go up in value someday.I bought back my 1989 Pontiac GTA.It is a 5.7L/automatic car with T-tops,black exterior{only approx 650 of all GTA's in 89 were black},black cloth interior{approx 240 of all GTA's in 89 had black cloth interior}.Every major part is original.It had been hot rodded a bit with a gutted out cat and hot rod exhaust,it has a turbo hood on it,and has a mild cam,and a computer chip.I have replace the cat and the exhaust with parts store replacement stuff,and plan on replacing everything else in the near future,when the engine comes out to be freshened,and the underhood detailed back to stock.It also needs all new pollution hoses and tubes since most of them have been modified or removed.The trans is the original,but it has a V6 convertor which offers about 2000 stall,and it has a shift kit and a 2/3 kickdown kit.Everything under the car is solid and original,and it recently had 4 Delco shock/struts put on it.It has only been in 2 minor fender benders,and it has 1 partial repaint and 1 full repaint.The doors,fenders,decklid and front bumper all still have the VIN stockers on them.I think this car is a fair investment car since I just purchased it for $3500,and everything it needs is still very cheap.
There are some good and some bad investments in late model collecting.The problem is that too many"collectable" cars have been stashed away with no miles in the hopes of a future profit.This means that in 20 years,everybody who ones a GNX,or 89 Pace car,will have a pristine example with under 1000 miles.The same goes for the Cobra R Mustangs and things like that. A good low buck way to ensure a decent investment would be to restore a popular car.These cars are popular because they are desirable,and when they cease to exist,the market for them will go up.Nobody had any great memories in a GNX,because nobody ever drove one and had fun with it.Now a better car to buy would be a plain Grand National in original condtition but needing a restoration,such a car can be easy to find parts for,and nobody will be looking for date code correct lug nuts 30 years from now,but you can still make it real nice and have something that somebody will want in 15 years. A great example of a popular car would be a 5.0 5 speed 88 mustang GT with 2 tone paint.They made a zillion of these cars,and everybody who was anybody back in the late 80's or early 90's either had one or knew somebody who did.Such a car is high on "memory value".You can buy thrashed out examples for 3 digit prices and the parts are abundant to do a proper restoration on one right now.When done,you can enjoy it for a few years,and then know you have a clean car that somebody out there really wants.A 1LE Camaro is a decent car,but be careful since aside from those who know what it is,and how rare it is,it is just another 305 powered Camaro.A 350TPI Z28 is nowhere near as rare as a 1LE,but if you could produce a mint example of one in red with a black gut and T tops in another 20 years,you can bet there will be people looking for it. Anything related to the early 90's 5.0 mustang craze is going to have some value.Period style"outdate" parts will be worth something in years to come.Some examples would be the aluminum spare tire wheels that all the racers used as front runner rims,early superchargers such as the paxtons without intercoolers,The early shorty headers and H pipes.Any old air indction parts from the late 80's or early 90's,10 hole wheels{for mounting 28x9" slicks},and short throw shifters.All of this stuff will be as sought after as cross ram intakes and finned aluminum valve covers are today. |
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