Camaro value drop

[A12pilot]

There is something to be said for the “generational” buyers. I’m 46, and despite the hair, have a ways to go before I retire. Lately, I’m seeing myself gravitate towards the cars when I was a kid. You know, the ones I bought models of to build and dream about owning one day? Cars like the 1982 Mustang GT, IROC Z Camaro, Ferrari Testarossa and 348 Spiders, Ferrari 328s, 90s ZR1s, etc. I’m thinking of pulling the trigger on a very nice 348 shortly. Do I now shun off the old muscle? Of course not! But cars are fun, and they’re supposed to be FUN, and despite the “investment” potential of some, most are just buying cars because they are what they wanted as a kid and not as a monetary return later on. Although knowing something won’t tank and hopefully would gain a little value over the long haul is comfortating. I was looking at Testarossas about 15 yrs ago and they were in the 40s. Not today.

For me, I don’t know jack about the foreign jobbies. But after researching Ferraris, I’m educated enough to make a decision. I think the blue chip cars will always command money; Hemi, L89, COPO, 6-Pack, etc. It’s the others that will take the tumble the most as the generations coming up want what they could not get as a kid and for my group, it’s the mid-late 80s and early 90s cars, despite their anemic performace.

But after all, for the price of one V-Code Cuda, I could have about 4 or 5 “fun” cars I wanted as a kid. Hmm....now that I think about it, why the heck don’t I have those???

Cheers
Dave