Camaro value drop

[Billohio]

I like those 348s also. Good looking cars.
I bought a 2002 WS6 Trans Am last year and probably drove it more than the other cars. Has air conditioning and a good stereo. I would have no problem adding another 69 camaro tho.
I see soo many 1st gen camaros on facebook with asking prices of 10k or more and they are junk. I guess people want one of these to see if they can fix them up rather than buy a done car. Most end up sitting and never getting finished

[AutoInsane]

I think I am a decent representation of the future of the market. I am 50 and grew up a huge fan of 60’s muscle. I had a 70 SS Camaro for my 1st car.

I always have loved the look of Baracudas, Camaros, Mustangs. I have a 1974 Jeep CJ5 with a built 304 V8.

In a few years when I buy some toys the ones on my list are a 2019 Challenger Hellcat, 2016 Vette Z06/Z07, Lamborghini Gallardo or a Huracan.

While I love and appreciate vintage muscle and will be the first guy to walk up and ask all about your muscle car I don’t want to own one. I would rather have a modern car with ac, more power, modern interior, great handling & brakes and all modern safety.

I think if you view your vintage muscle car purely as an investment now is a great time to sell because as time goes by the supply of cars will increase and demand will decrease.

Just my $0.02....

[ohhawk]

Have owned a few over my lifetime including the Tri Fives as well as Musclecars. Would appear to me what has been happening in the Tri Five market is simply now entering the Musclecar era. Not only do you have the younger end of the market with less interest in these cars but you have some like myself getting older (70 soon) with less interest and energy to work on the cars, drive them in increasing traffic, sit in the hot sun at car shows for hours, etc. I still enjoy following them more as a spectator now. Also got turned off by the growing fake market and misrepresentation movement. Sold my last muscle car about 10 years ago to the Albaugh collection.

I still have interest in having a “play car” in the garage but now more interested in ease of use and dependability. Owned and recently sold an SSR and now on the hunt for the next horse to put in the stable. Considering my first Ford product which I thought I would never say

[JKZ27]

I'm 45 years old, own a 68 RS 327 and a 69 RS/SS 350, ten and fifteen years respectively. I've never owned or driven a solid lifter Camaro and I don't personally know or hang out with anyone on this site. So, from an outsiders perspective, I'd say the market for big block and Z28 Camaro's has remained strong, untouched originals at the top. Meanwhile, SS350 and lower models have dropped in value. I'll assume not many people today are seeking a 307 Camaro to do a full blown resto while it shares 80% of its parts with a COPO or Z and 100% of the labor. I'm aware there's always exceptions. It seemed about ten, fifteen years ago every first gen was being recklessly bought up, driving the prices. Now, those cars are showing up as solid lifter clones(or worse) or as failed/incomplete projects for less money. I don't think the previously restored "average" cars are bringing as much as they used to. Perhaps nicely done clones are rivaling them.

[whitetop]

In 10-12 years cars will be self driving and older cars will be banned from roads.That is when these cars will really see a price drop.

I don't know about Camaros but Mustang prices are dropping like a rock other than 65-68 fastbacks and Shelby's

65-68 coupes are becoming valueless. on FB Mustang pages: "I have 22k in my 65 coupe and only getting offers of 10k, what gives?"

[EZ Nova]

Originally Posted by AutoInsane

I think I am a decent representation of the future of the market. I am 50 and grew up a huge fan of 60’s muscle. I had a 70 SS Camaro for my 1st car.

I always have loved the look of Baracudas, Camaros, Mustangs. I have a 1974 Jeep CJ5 with a built 304 V8.

In a few years when I buy some toys the ones on my list are a 2019 Challenger Hellcat, 2016 Vette Z06/Z07, Lamborghini Gallardo or a Huracan.

While I love and appreciate vintage muscle and will be the first guy to walk up and ask all about your muscle car I don’t want to own one. I would rather have a modern car with ac, more power, modern interior, great handling & brakes and all modern safety.

I think if you view your vintage muscle car purely as an investment now is a great time to sell because as time goes by the supply of cars will increase and demand will decrease.

Just my $0.02....

Bill, I'm 53 and I too am on the outside of this site looking in. BUT different from you, I have 3 old cars. I understand there not for everyone. And that's just why I like them. Many like yourself can appreciate them. As for the newer stuff, not really for me. I agree the creature comforts and stuff make them much more appealing, but then there just a mode of transportation.

I've said it on here before, my mother (not into cars at all) is 78 yrs old and has an Audi TT RS. Now 3 years ago, mom and dad DROVE this car from Ontario Canada to Mesa Arizona to their winter home. NO issues with comfort in the small car on a 3500 mile trip. It gets great mileage, plenty of creature comforts/Power, and I would bet faster than 95% of the OEM stock musclecars out there. Heck mom has the road and track where THAT car went 12.60 at 109. And she can drive it being 78 without an issue.

I still like and prefer the old stuff. Now I'm doing I guess the pro touring style with old sheetmetal and updated everything else.

[Rumbleguts396]

Buy what brings you joy. You won’t have any regrets!!

[67since67]

And then, amongst the gloom here about the future of these cars, we have Dan and Dave Schutzbank! These young men have a passion for these cars that rival any of us old die hards. They, and hopefully a few others, will be the caretakers of these cars in the future.

[Zedder]

This has been a great thread with lots of heartfelt comments and no BS! I bought my first muscle car in 1978 and owned lots of them until 2008. I wanted something a little more drivable and didn’t want to tinker too much. I was also sick of the fakes and inflated prices. I got into 96-98 Porsches and had a lot of fun with them. Now, they are 20 plus years old and prices have sky rocketed due to increased popularity. It is complete déjà vu to the mid 2000’s and the muscle car market.

I sold my last 993 a few weeks ago and am not sure which direction I will go in. I’m leaning toward an unrestored 70-72 LT-1 as they are very cool cars, I have a local garage that services them, and their prices are pretty reasonable compared to a 67 Z28 or L78. I know one thing for sure and that is that I have no desire for a project car now that I am 57. I am just interested in driving to a local cruise night a couple of times per month.

[x33rs]

I guess my wife and I are slightly different.

We have no interest in new cars anymore. We sold the last new LS powered car about 6-7 years ago. We've been driving nothing but classics since. We don't own them for investment purposes. Most of them we've had in the stable for nearly 40 years or more. I was just lucky enough that I was buying them when I was 16 when they were cheap and kept most of them throughout the years, so even if the prices plummet and I decide to sell when I'm too old to enjoy, I'd likely still come out ahead on them.

Now as we get older, we are tired of staring at them and decided to start driving and enjoying them. We don't like the computer controlled stuff and don't really want all that many creature comforts. Most of our classics are still running points ignitions, we like the KISS principle.
Wife drives our 69 RS Z/28 and she's put just over 30k miles on it in the last couple years. Even in the AZ heat it's not bad to drive with it's white interior. My son who is 20 and in college daily drives a classic back and forth every day. He's grown up around it and loves this stuff. If they are maintained properly we find them dead nuts reliable, easy to diagnose, and cheap to keep running. Done many cross country trips in them.
I have one newer duramax truck that just sits in the garage for months at a time, it's paid for, and only comes out when I need to haul something.
I think we just reached a point in life where we were tired of car payments, and the license fees here in AZ are murder on new cars. Luckily we live in a climate that is friendly to the classics so I don't have to worry about salted roads.
I guess you could say we are a bit old school but driving the classics puts a smile on my face, my wife loves it too. I'm always looking for an excuse to go somewhere

Just to add, when I turned 16, my driver was a 56 Nomad. Manual drum brakes, manual steering, lol. Great car to learn in. I daily drove that for years, through highschool, and back and forth to my first jobs as a teenager and into my early 20's. That car is still sitting here. Call me nuts, but I've had the desire lately to put that car back on the road and start daily driving it again too.