Interesting commentary...
- posted
17 years ago
Interesting commentary...
The baby boomers are driving the retro themes and 1960's early 1970's muscle car values. When they are finally taking a dirt nap I think the bottom will fall out of the vintage muscle car market.
As for parts be> Interesting commentary...
One big problem. Gutting decent E-bodies with 340s and 383s and installing crate Hemis that push the value of the clone to over $100k. They will regret at some point having molested original cars. This will (I think) lead to a major market for matching of engines to original cars, though I don't know if actual engines can be matched to the same bodies they came in, except in specials like the AAR, T/As, etc.
So very true, and history repeats itself again. A few years back, you couldn't touch a shelby cobra for less than $1M; more if it had a racing history. The dot-com'ers and new rich had a lot of money to throw around and drove the prices up. Companies like Barrett-Jackson rode the wave, and smart car buyers waited it out. Those same cars are selling for half that just a few years later.
Over the last couple of years, the Mopar market has done the same thing. It's going to topple just any day, and follow the same pattern.
Those who refuse to study history.......
If I could only figure out what car would be next, I could be one of the new rich. I swear that '72 Gremlin is going to be worth money some day.
drop a big V8 into the Gremlin, like Jay Leno did.
"Sampan Touk" wrote in news:45133876$0$97261$892e7fe2 @authen.yellow.readfreenews.net:
You could get it with a 343 V-8 stock.
I think the next big interest will be the Pinto. I have one, and they are as rare as hen's teeth any more. People are always staring at it, and some come up and say, with that dreamy look in their eyes, "My first car was a Pinto. I envy you. That was a great car."
Rust took a lot of them, smog took even more, and dirt track racers finshed them. I have only seen 2 on the road around here the last 2 years, besides mine.
More...
Demographics is destiny. The stretch from 1946 to 1965 produced the largest lump of kids, teenagers, twenty-somethings, middle aged adults and eventually senior citizens than this country has ever experienced.
All hail the Baby Boom Generation. Its size, voracious hunger for consumer goods and the high-life has been propelling the world economy forward for thirty years. In the process, they have driven up the prices of all kinds of assets, from houses and stocks to muscle cars.
Being a somewhat self-absorbed and self-indulgent cohort, the boomers decided to have fewer offspring than their parents in order to have more to spend on themselves. This makes boomers a lumpy demographic that will require goods and services from a less populated younger generation.
With a rapidly approaching boomer winter, all the nuts they've stored in the form of houses, stocks and muscle cars will have to be sold. This brings on the demographic conundrum. Sell to whom and at what price? Rudimentary economics suggests that with the supply of boomer things being unloaded to a smaller group of tentative buyers that prices must adjust downward in order to facilitate the transfer.
This does not bode well for the prices of muscle cars. If there are boomers planning on funding their retirements with continually escalating prices, they had better find the next greater fool as fast as they can at the next Barrett-Jackson auction.
TNB Baton Rouge, LA
The Pacer :0) or the Yugo LOL
Couple of weeks ago I had the Mustang (fastback) in to have the posi unit checked. When I dropped the car off the mech told me he also had a 66 coupe a woman was bringing in. Went back later to pick up my car and the mech told me this woman was drooling all over my car, asking him what kind of car it was and all. He told her and she said she had never seen one before.
Falcons were nice.
Who are you and how old are you? If the value of cars go by the demographics of the people who lived when they were new, please find me an auto in good condition from the teens. 20's or 30's for about $5k. I think most of those people no longer care about keeping such things. I would appreciate you sending me such a list. Old Ford T's and A"s would made by the millions but I can't seem to find one for a song.
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