This was written by Terry Lobzun, RM Auctions / Chatham, Ontario
"Classic '60's muscle cars - souped up Mustangs, Barracudas, and such are very hot now. If I were making an investment today, it would be in 'tuner' cars, the muscle cars of the future. Tuners are smaller Japanese cars from the late '80s and 90's, like the Honda CRX, that have been heavily modified -- more power, new suspension systems, big speakers -- the kind of cars in the movie The Fast and the Furious. You can get tuners at auction for under $10,000. If you found one with low mileage and took care of it, you would have a very desirable commodity in 10 or 20 years."
Here's my opinion.
"Classic '60's muscle cars - souped up Mustangs, Barracudas, and such are very hot now."
NoOp Comment: Yes, they are. And I expect them to stay that way until the Boomers start to die off or become too old to drive. Then the prices will at likely level off and probably drop a bit.
"If I were making an investment today, it would be in 'tuner' cars, the muscle cars of the future."
NoOp Comment: I'm glad this guy doesn't handle my money.
"Tuners are smaller Japanese cars from the late '80s and 90's, like the Honda CRX, that have been heavily modified -- more power, new suspension systems, big speakers -- the kind of cars in the movie The Fast and the Furious."
NoOp Comment: "More power" -- NOS systems and aftermarket blowers and turbos do not appreciate with time. All become outdated as technology improves. "Suspension systems" -- At best, a wash. Again, technology will improve and the only ones who'll like these setups will be the guys wanting a little nostelgia. "Big speakers" -- complete loss. Any electronic item is total junk in 5-10 years. Current stereo systems will be as big a joke in 10-20 years as 8-tracks and AM radios are today.
"You can get tuners at auction for under $10,000. If you found one with low mileage and took care of it, you would have a very desirable commodity in 10 or 20 years."
NoOP Comment: If you bought and took care of one of these tuners, in
10-20 years you'd have a still have a big ugly turd. Custom cars/modified cars, unless done by a well-known professional, are not money makers. Because what one person does to a car a potential buyer will not like, and at best will want to undo, and at worst, won't want to buy the car because of the modification(s). Bottom line" You want a "tuner"? Buy a "factory tuner" -- GTO, GT, SS, AAR, AMX, etc., or if you like Japanse, WRX/WRX STi, EVO, 300 or 350Z, etc.That's my take.
Patrick '93 Cobra '83 LTD