Quote:
Originally Posted by Pro Stock John
The rare stuff will increase in value, finite quantity.
Rebuilding older cars with modern components will increase too I think.
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Rarity is subjective. The value of anything is the story. Its not the object. Once people don't care about the story anymore the value is gone. If I build a 67 Camaro, put a 427 in it, and slap badges with my name on it, its worthless. Other than being a mode of transportation. Don Yenko does it and guys freak out and pay tons of cash to own it. As something collectible. Guys are now freaking out to buy Saleens.
30 years ago this car was 15,000 Now its 140,000.
https://bringatrailer.com/listing/19...tang-saleen-3/
Run of the mill notchback sold for 51,000. I sold mine in 04 for 7,500 bucks
https://bringatrailer.com/listing/19...tang-saleen-3/
Cobra R, 210,000
https://bringatrailer.com/listing/19...vt-cobra-r-13/
Gen X is buying "their" story cars. Foxtoberfest had 897 Fox Mustangs this year. These cars wont go up forever. They will plateau and crash back to earth when the current generation becomes middle aged.