That sucks big time. Everyone should be out driving or even flogging their cars. This investment crap is killing the hobby and the future interest in these cars. I am bummed to see people are so afraid and uptight to drive their cars because of possibly devaluing a "investment". Have good insurance and enjoy your car....we only get one go at it.
I totally disagree. It's not solely "devaluing an investment". I do not, and never will have, any "investment quality" cars. But I am out for a Sunday drive in my '69 Dart and some youngster texting one of her friends about her latest personal calamity blows a red light and crumples my front end. What do I do now? Sometimes it's not a question of "devaluing' something as much as "how am I going to fix this?" Look at AMD, dropping Mopar sheet metal left and right. Where am I going to find parts? Oh yeah, I'll have insurance so now I have a check with nothing to spend it on. It'll be back to the 80's for parts....only those parts cars don't exist any more. I did own a '70 Superbird at one time and sold it with one of the primary reasons being if I drove it and get in an accident, where do I turn to fix it?
As far as flogging a car, I remember an article with an owner of a numbers matching Hemi E-body. One of his comments was that with the cost of 2nd generation Hemis, at about 5,000 he started feeling a pain in his wallet, at 6,000 it was almost unbearable, and at 7,000 he was lifting. Sometime reality has to enter the equation, this isn't the late 60's/early 70's anymore.