Camaro value drop

[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.

[muscle_collector]

how do you keep people from stealing them when you have to leave them unattended?

[x33rs]

We never really leave them unattended. Always park them within view and keep an eye on things. Plus I've done things so they don't simply start when parked, they would have to be pulled on a hook if someone wanted it, and that draws attention.

Helps that we don't live in a real high crime area either. Primarily retired folk up here, and the town is full of classic cars seen on a pretty regular basis.

[Late BrakeU2]

There's a reason quite a few large collections have been selling the last 5-7 years. Asking and selling price are often not close. When you see a particular car go for eye popping $$ at auction it's a high water anamloly that we all love seeing, but most likely two krypto millionaires with alcohol going at it. Agree that the pedigree cars will always command proper valuation, but as stated the overwhelming majority of young people see cars as an inconvenience, and categorically do not have the passion nor interest like our generation does. Personally i'm going to start hoarding early smart phones as those will be en vogue to millennials in a few years. They will be the bandit T/A's of that generation IMO