Making The Case For Collector Cars

Jun 21, 2011 7 Replies

Check out this link.



formatting link
I know... it's not a Mustang, or even a Ford, but you must admit it's a very nice car. Now here's the thing: They want $75Gs? (Not that this price is out of line for what these cars in this condition often fetch.) Yes, it's absolutely mint condition, but it's not a hemi car, or even 440. And even if it were a top-of-the-line classic Challenger, $75 grand will buy a lot of [modern] car these days. For a Dodge guy, a new 392 Challenger comes to mind and that still leaves him with plenty of money for a VERY nice runabout when he doesn't, on an in-climate day, want to spoil the fresh wax job on the [392] Challenger. I know there's the nostalgic factor, and auto purchases aren't always done with the rational side of the brain, but for someone who isn't mega-rich it would seem a purchase for something like this would take a lot to convince yourself that this is a deal.



Patrick


formatting link

There is really no technical reason to pay these sky high prices. It's all emotion. I surprised the prices haven't crashed yet given the economic conditions.

formatting link

most all of hemmings is overpriced on everything, there are 9 over $50K stangs, all old, in there

try autotrader

Now I could make the argument for something like this, at this price.

formatting link
Do you agree?

Patrick

45K for a car that has to be kept under a glass dome... that's not a car any longer, a person buys that so he can say he owns it. It's like a desirable painting or other work of art or artifact. The high price is so the owner can say he has it. that's it.

I've often thought that if I had a gazillion dollars ... I'd fly down to a Barrett-Jackson auction, purchase a really nice vehicle, and when asked if I needed help loading it into a covered trailer, I would just say: "Na, I'll drive this puppy home and if it it breaks down, I've got triple A". A person can collect coins, stamps, antiques and numerous other things, but dammit, cars are meant to be driven!

JMHO Dick

Thank you. You crystallized my thoughts.

Ken

The Barrett-Jackson auto auction is live on the Speed channel this weekend. Even though I have a Powerball ticket, I don't have any hopes of becoming a millionaire. But it's fun to watch and see what Tammy from Texas? purchases. She built her own auto museum but she does drive a few of her cars on occasion.

FWIW Dick

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required