Re: The current collector market
[Re: Since1822]
#2810323
08/18/20 06:51 PM
08/18/20 06:51 PM
|
Joined: Jan 2003
Posts: 21,201 Eagle, Idaho
Neil
The Doctor is in.
|
The Doctor is in.
Joined: Jan 2003
Posts: 21,201
Eagle, Idaho
|
Virus or not the Boomer's slow exit from the car hobby will reduce prices. Just not enough young people out there into them to keep it going at the pace it once was. They didn't grow up with these cars so it's harder for them to see what all the excitement is about.
Go to the drag strip, swap meet, and car shows here and a good chunk of it is retirement aged people.
Last edited by Neil; 08/18/20 06:52 PM.
|
|
|
Re: The current collector market
[Re: Neil]
#2810325
08/18/20 06:57 PM
08/18/20 06:57 PM
|
Joined: Jul 2008
Posts: 215 portland, ct
Since1822
OP
enthusiast
|
OP
enthusiast
Joined: Jul 2008
Posts: 215
portland, ct
|
Virus or not the Boomer's slow exit from the car hobby will reduce prices. Just not enough young people out there into them to keep it going at the pace it once was. They didn't grow up with these cars so it's harder for them to see what all the excitement is about.
Go to the drag strip, swap meet, and car shows here and a good chunk of it is retirement aged people. I couldn't agree more. Seems to be that the market is slipping pretty quickly and going soft. Will be interesting to see where it is a year from now. Sad to see, but I feel like it is happening quickly.
|
|
|
Re: The current collector market
[Re: Since1822]
#2810334
08/18/20 07:11 PM
08/18/20 07:11 PM
|
Joined: Jan 2011
Posts: 16,094 Central Florida
larrymopar360
Stud Muffin
|
Stud Muffin
Joined: Jan 2011
Posts: 16,094
Central Florida
|
Virus or not the Boomer's slow exit from the car hobby will reduce prices. Just not enough young people out there into them to keep it going at the pace it once was. They didn't grow up with these cars so it's harder for them to see what all the excitement is about.
Go to the drag strip, swap meet, and car shows here and a good chunk of it is retirement aged people. I couldn't agree more. Seems to be that the market is slipping pretty quickly and going soft. Will be interesting to see where it is a year from now. Sad to see, but I feel like it is happening quickly. It is sad to see because it also figures to reduce the manufacturers of replacement parts
Facts are stubborn things.
|
|
|
Re: The current collector market
[Re: Neil]
#2810355
08/18/20 07:37 PM
08/18/20 07:37 PM
|
Joined: Feb 2003
Posts: 1,653 Florida
GMP440
top fuel
|
top fuel
Joined: Feb 2003
Posts: 1,653
Florida
|
Virus or not the Boomer's slow exit from the car hobby will reduce prices. Just not enough young people out there into them to keep it going at the pace it once was. They didn't grow up with these cars so it's harder for them to see what all the excitement is about.
Go to the drag strip, swap meet, and car shows here and a good chunk of it is retirement aged people. That's pretty accurate. I see the same thing down here in Florida. The situation going on opens up buying opportunities for those who couldn't get in before. The market is going to be like this for a while. That muscle car that was $100,000, probably now can be had for $50,000.
|
|
|
Re: The current collector market
[Re: larrymopar360]
#2810360
08/18/20 07:44 PM
08/18/20 07:44 PM
|
Joined: Jan 2003
Posts: 10,931 North Dakota
6PakBee
I Live Here
|
I Live Here
Joined: Jan 2003
Posts: 10,931
North Dakota
|
I think this is like so many things in life, it depends. IMHO, the market for the '50's cars is dying with the exception of some flagships like the 300C/D and "Christine". The early '60's cars are on death's door, even the Max Wedges are losing their allure. The late 60's have a better chance but even these are going to survive as resto-mods. '70's? After about '75 there never was much interest, face it the Warlock and the Lil' Red Express are the most exciting things to come from that era. What is going to survive, any winged car because it's strange. And any 2nd generation Charger along with some of the late '60's/early '70's B-bodies but I predict that there will be a demand for rolling chassis but not restorations. That resto-mod thing again that the youngsters want. Just my opinion.
"We live in a time when intelligent people are being silenced so that stupid people won't be offended".
|
|
|
Re: The current collector market
[Re: 5thAve]
#2810449
08/18/20 10:01 PM
08/18/20 10:01 PM
|
Joined: Jan 2003
Posts: 10,840 Freeport IL USA
poorboy
I Live Here
|
I Live Here
Joined: Jan 2003
Posts: 10,840
Freeport IL USA
|
Restomod for me! I'd much rather have a late 60s or early 70s with a good body and a modern drivetrain, modern steering and handling, and modern brakes then anything all original. I was there in the 70s (i'm 63 years old) and drove that stuff back then, and I was modernizing brakes and drivetrain even back then.
I think the new Challengers will kill any of the 70s E body cars unless they are the top of the line cars, if they haven't already. I think the exotic cars have another 10 or 15 years (unless the do away with gas) before the market is just no longer there. Prices of anything less then top of the line, or simply strange factory offerings will continue to drop.
If your "investing" in any car these days, it better be for your enjoyment, or I suspect your not going to be happy with your return on the investment. Might be OK for a short term, maybe a couple years, but long term isn't going to work. Gene
|
|
|
Re: The current collector market
[Re: poorboy]
#2810475
08/18/20 11:28 PM
08/18/20 11:28 PM
|
Joined: Sep 2003
Posts: 2,768 Myrtle Beach, SC formerly the ...
340wedge
master
|
master
Joined: Sep 2003
Posts: 2,768
Myrtle Beach, SC formerly the ...
|
Everything is changing. Cars were a symbol of freedom for young people and a statement, now they have cell phones. Young people who are into cars like new muscle except the few straggler hipsters who think driving an old car is cool. Old farts don't want to be bothered anymore and also are into new muscle, creature comforts and dealership mechanics. There are still some old diehards but we are between 50 and 75 so it's slowing and will end at some point, and the less amount of people interested in drum brakes, manual steering and a car not as fast as a new Honda will bring the values down with them.
1971 Sassy Grass Green Duster 340 2006 Charger Daytona GoMango
|
|
|
Re: The current collector market
[Re: GMP440]
#2810609
08/19/20 11:42 AM
08/19/20 11:42 AM
|
Joined: Jan 2003
Posts: 9,407 Brantford Ontario
69_SIX_PACK
master
|
master
Joined: Jan 2003
Posts: 9,407
Brantford Ontario
|
Virus or not the Boomer's slow exit from the car hobby will reduce prices. Just not enough young people out there into them to keep it going at the pace it once was. They didn't grow up with these cars so it's harder for them to see what all the excitement is about.
Go to the drag strip, swap meet, and car shows here and a good chunk of it is retirement aged people. That's pretty accurate. I see the same thing down here in Florida. The situation going on opens up buying opportunities for those who couldn't get in before. The market is going to be like this for a while. That muscle car that was $100,000, probably now can be had for $50,000. Any examples of these $100k cars that are available for $50k? Dave
|
|
|
Re: The current collector market
[Re: 69_SIX_PACK]
#2810691
08/19/20 02:11 PM
08/19/20 02:11 PM
|
Joined: Mar 2003
Posts: 18,688 Fresno, CA
Jim_Lusk
I Live Here
|
I Live Here
Joined: Mar 2003
Posts: 18,688
Fresno, CA
|
I don't necessarily buy into the doom and gloom for the market. I'm seeing run of the mill A-bodies go for several thousand when a few years ago they were $2k cars.
BUT, I want those of you in my age bracket (I'm 60) to make an observation. Up and down the street you live on and in your neighborhood, how many classic cars are there? I think in my neighborhood there's me and a guy (if he's still one street over) with a 65-ish Mustang. Used to be a guy up the street with a 50s pickup. I think he moved. The point is that when we young a lot of us were into these cars on some level. MOST of the guys I knew with 60s muscle cars back then don't have one anymore. We were ALWAYS a minority.
Guys with big collections that are getting on in age are thinking about getting out if there is nobody to leave them to. I get that and some really special cars will hit the market, but that has always happened. Then, there's guys like Wade Ogle (who I would guess to be in his 40s) with a very nice collection. My younger son has his Dart, has built a '65 Mustang, and works with a bunch of guys in his age range who are into old cars (but don't have his skills).
This subject comes up more than once a year and it's always the same. The hobby will be alive until we can't buy gasoline and oil anymore (yeah, it could happen, but not likely in our lifetimes).
Last edited by Jim_Lusk; 08/19/20 02:12 PM.
|
|
|
Re: The current collector market
[Re: Since1822]
#2810693
08/19/20 02:16 PM
08/19/20 02:16 PM
|
Joined: Jan 2003
Posts: 4,227 Bloomington, IN
HoosierTA
master
|
master
Joined: Jan 2003
Posts: 4,227
Bloomington, IN
|
I has a prediction 30 years ago, that Model A cars would be fire sale prices in 15 years. Prices on them are holding well.
'70 Challenger R/T 383 '16 Hemi Durango SSV (work vehicle) '15 Ram Police SSV
|
|
|
Re: The current collector market
[Re: 69_SIX_PACK]
#2810745
08/19/20 04:38 PM
08/19/20 04:38 PM
|
Joined: Dec 2005
Posts: 9,719 Home
SRT6776
I hate internal combustion engines!
|
I hate internal combustion engines!
Joined: Dec 2005
Posts: 9,719
Home
|
Virus or not the Boomer's slow exit from the car hobby will reduce prices. Just not enough young people out there into them to keep it going at the pace it once was. They didn't grow up with these cars so it's harder for them to see what all the excitement is about.
Go to the drag strip, swap meet, and car shows here and a good chunk of it is retirement aged people. That's pretty accurate. I see the same thing down here in Florida. The situation going on opens up buying opportunities for those who couldn't get in before. The market is going to be like this for a while. That muscle car that was $100,000, probably now can be had for $50,000. Any examples of these $100k cars that are available for $50k? Dave Probably wouldn't have to look very far, asking price and transaction price are two very different numbers for muscle cars right now I assume. But who's going to admit they accepted 50%...
|
|
|
Re: The current collector market
[Re: 69_SIX_PACK]
#2810761
08/19/20 05:25 PM
08/19/20 05:25 PM
|
Joined: Mar 2009
Posts: 894 Oh
parksr5
super stock
|
super stock
Joined: Mar 2009
Posts: 894
Oh
|
Virus or not the Boomer's slow exit from the car hobby will reduce prices. Just not enough young people out there into them to keep it going at the pace it once was. They didn't grow up with these cars so it's harder for them to see what all the excitement is about.
Go to the drag strip, swap meet, and car shows here and a good chunk of it is retirement aged people. That's pretty accurate. I see the same thing down here in Florida. The situation going on opens up buying opportunities for those who couldn't get in before. The market is going to be like this for a while. That muscle car that was $100,000, probably now can be had for $50,000. Any examples of these $100k cars that are available for $50k? Dave There's a decent example at the top of the WIW section right how. 68 Hemi RR, sold for $110K at BJ in 2010 or 2012, sold for $66k in March at Meecum and just sold on E-Bay for $89.5K.
|
|
|
Re: The current collector market
[Re: parksr5]
#2810767
08/19/20 05:41 PM
08/19/20 05:41 PM
|
Joined: Jun 2003
Posts: 21,762 It's a dry heat
gtx6970
Too Many Posts
|
Too Many Posts
Joined: Jun 2003
Posts: 21,762
It's a dry heat
|
the doom and gloom for the market and hobby has been predicted for well over the past 10-15 years and IMO may have dropped to some degree but we are a long way from stock muscle cars for bargain basement prices .
And this is from someone who was / is in the market to buy and I sure wish those prices were now. If anything prices have creeped up a bit in the past year or so . At least for the cars Im looking at / interested in . That being a 66-67 or 69 Plymouth B body
Last edited by gtx6970; 08/19/20 05:42 PM.
|
|
|
|
|