Mecum Auction COPOs everywhere

[PPPJJJFFF]

Interesting posts to say the least.

Patrick

[quick-bowtie]

Good cars (known and well documented) will always demand good money. I dont think you will see Yenko's, COPO's, LS6's, L78's or anything else of the same go down in price our at least in my life time. Im 30 years old so Im in the younger crowd and I can say Ive got friends my age that own rare good cars and dont bat an eye at spending 50k for a fun old car. 50k really isnt alot of money these days when you think about it and the up side is if you keep the car in good condition you can pretty much drive it for free by selling it for the same money a couple years down the road. Plenty of people in our age group have money and like the neat toys or stuff that know one else has.

[Chevy454]

I agree with Quick about the "good cars"...and I'm 30 myself, and see the majority of the newer refined cars simply as *quick transportation*...they've completely engineered the soul out of the majority of cars these days.

midas: you're comparing a GTI with a '66 GTO? That GTI couldn't hold the jock of a GTO in the personality department...cars shouldn't be all about miles per gallon, or hands off reliability, or dead quiet plastic interiors...if they are, then you're not talking about a car, you're talking about transportation. Real cars are about a "feeling", a feeling that very, very few cars made within the last 25 years are gonna give you...granted, there are exceptions to every rule, and this is just a brief opinion!

[Canucklehead]

With all the drivers helping gizmos in new cars it won't be long that new drivers won't be able to drive an "old" car!

[quick-bowtie]

New cars are fun to drive and handle great but I rather be in an Old Camaro going 30mph and punching it and having the rear end slide sideway because your smoking the tires so bad "vs" a new car were you would get hook up and go. To me there is way more of a thrill in an old car and definately the feel of RAW Power which no new car can come close to giving.

[hvychev]

I totally agree with the $50K car comments. Affordable muscle cars will always be in demand. The thing that I find hard to imagine is that there will be groups fighting to pay $300k-$1Mill for cars like these rare Mopars, ZL1's, etc. I also find it difficult to imagine people paying $100K for more "common" cars like 69 Z28's and LS6 Chevelles in the distant future.

The people that want love and be willing to pay for these cars will be the people that say "my dad or uncle used to have one of these" and they had some good memories in them. Think about how many guys in there 30's want a pre war classic like a Cord or Auburn. Some of those may be worth 1 million to a 65 year old guy but to someone like me I would have a hard time paying $30K for one.

[king_midas]

chevy454:

Everyone is entitled to opinions, and I think what you're talking about-- "soul" should not be substituted for drum-brake, rubber-band feel, "hold on to the reins tight" driving feel. Once again, just my opinion.

When I was a kid with a job and not much else to worry about (1985 - 1990), these same cars that are trading for large coin were around and were affordable, albeit many were not in great shape. My '80 Z (which I paid $1700 for in 1987; needed paint) was a great example-- A fun car that had every available option, but the last true old car I owned. I went to college, and sold the Z.

I hate to say it, but the bottom line is that, in reality, the cars that are trading for inflated prices were not the most sophisticated cars available then... See this link to know what I mean:

http://www.oldsmobility.com/roadtestmag_june67.htm

Welcome the entrance of the Resto-Mod craze. For originals, the brakes/suspension were less-than-adequate, weight balance way off, bad steering, uncomfortable seats, no A/C, etc, etc... But lots of fun in a straight line, and really not as fast as the rose-colored glasses say. What's the point of this, you may ask? Well, it's that new cars do all of the things old cars don't do well very well, so how do you justify paying $60K for early Chevy muscle (without even thinking about the cloning aspect)? I can't. A few years ago I wanted a '69 Z so bad that I could taste it, and one ride in an expensive rattle-trap changed my mind for me-- Made me think about how good of a car my '86 Mustang GT was (God rest its soul)...

The statement that I made is along those lines. I love the old stuff, but they are waaaay overpriced for what is there, causing major lack of interest in the non-blue hair consumer segment. And the person that can afford the price of admission and garaging forgets that these cars are sub-par to drive until he/she gets in one, and then it's all over-- They come back around for sale with only a few additional clicks on the odo because in reality, they're unpleasant to drive. And as complicated as life is these days, who has time to set lash, or troubleshoot a Holley on a regular basis? All of this is probably why most of the people that I know could care less about a 35 year old car. I don't know... I'm just calling it like I see it.

So, when are the prices going down so I can get that '69 Z?

[68l30]

I was dragged into this debate,old vs.new,about a month ago at a local cruise in......It was a heated discussion.I finally said what the hell do you drive anyway? It turned out to be a basic econ shoebox...He didn't even have a dog in the race.......My point is,if you have to explain an old car...They will never understand it! You have to live it & feel it....They still may never get it....Maybe we are the idiots...


Steve

[427TJ]

[ QUOTE ]
Maybe we are the idiots...

[/ QUOTE ]

No, we are the guys who are having a great time with our old musclecars. That clown with the econo-box is just another one of those wanna-be loud-mouths so common at car shows, races, cruise-ins, auto parts stores, and especially on the Internet. Don't waste your breath on them--it's just like pi$$ing into the wind.