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It's very much a dwindling market though. The guys who are turning 40 and 50 now don't have the same feeling of nostalgia for those old muscle cars as people in their 60's and 70's do, and aren't willing to pay the big bucks for a car that used to cost $5k.
I think in the next 20 years, we're going to see a massive price decrease on a lot of this stuff.
^^^^^^Nailed it.
ANY of the collectibles markets have gone through price spikes and slumps based upon the interests of the old folks with money.
They made similar comments on various shows like American Pickers and pawnstars about how the market for an item is just not there anymore.
Even more telling is that as the older collectors die off, not only are they not helping keep prices up....their heirs put their collections out on the market. Double whammy.
While values will go down, they will only go down so much. The cars of that time are unique. They're pre cats, but if their emissions ever get enforced, that could be real bad.
Germany (heavy American influence part because of the large US Military presence) and the Netherlands (can't point a finger really but just guessing that it borders Germany). I'm not kidding.
I'll second Japan. They're really popular over there. Although I wonder if they're actually driveable in their crowded cities. I'm guessing they just let them sit in the garage as a collector....dunno.
Yeah, and those 60's muscle cars suck to drive and most can easily be outrun by a Scion TC.
I don't think so Tim. A factory trim Scion TC will never be anywhere near as cool as a factory muscle car. It will always be a mass produced front wheel drive "sports" car that will never be a collectible or sought after vehicle.
I like looking at muscle cars. One day if I have the room I'll get a 72 Chevelle. The market in muscle cars is soft. There are quite a few muscle cars on sale in my area for relatively low prices.
A Scion to me is just another car on the road. I dint care how fast you make it.
It's very much a dwindling market though. The guys who are turning 40 and 50 now don't have the same feeling of nostalgia for those old muscle cars as people in their 60's and 70's do, and aren't willing to pay the big bucks for a car that used to cost $5k.
I think in the next 20 years, we're going to see a massive price decrease on a lot of this stuff.
Agreed! Personally, I'd invest in an American land yacht now (they're hugely popular in Europe). They seem to have grabbed the attention of the young.
I never considered my MOPARS as investments. Strictly for pleasure and fun. Side benefit that they have grown in $$ value.
mike
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you're still driving Scion TC. Just like every other fast and furious wanna be out there.
