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Personally I'm at the age where I don't plan on buying anymore classics or selling the one I currently own. I was never into the money part of it when I bought or sold them. If I liked it and I felt it was a fair price I bought it. On the selling side I never made money on them but got enough enjoyment out of them when I did own them. I was in this hobby because of my love for these cars. That's part of the reason I made my current one the best I could. :D:grin2:
I couldn't have said it any better, Hank.
 
I'm not worried about it. When I can't drive them, I'll find some way to get rid of them-----------BUT NOT TO ANY OF MY KIDS---------------well, maybe one car to one kid, but that's it.
I've already vowed that when I can no longer drive the 56 Vette, I'm putting it out in a field, pouring gas all over it and lighting it.
Only ONE of my boys MAY get any of them. My daughter gets a $10 bill. My oldest boy passed away in Sept, so he's out. The next older boy has NO ROOM for another vehicle (but he likes the Cutlass). The next boy would sell whatever he got-------------nothing for him. The youngest would wreck whatever he got withing 1mo-------------plus he has no place to keep it inside away from thieves and vandals. If I sold them, someone would just butcher them (stupid low rider stuff, wagon wheels, etc, etc).

Sorry to hear about your son.

I hear you about selling and watching all your hard work be thrown to the wayside. I have a good friend that wants my 68 and offered a price I should have took. I didnt because I couldnt stand the though of his kids climbing all over in the garage, banging their bikes into it, cause they dont care, or when they finally get old enough to drive it and pile it up in a bridge pillar. Little uncontrolled terrors...
If I sell it would have to be at least a state away so I never have to watch any "transformations". I could imagine all the oem big block parts I spent $ and time to get and install being thrown in the trash for the latest suspension/engine/trans gimmicks.
 
I suppose I don't care one way or another.

My car is nothing but a fun thing for me. How well my money is spent is predicated on how much I enjoy what I spent it on.
 
I hope prices always stay fair. Im honestly tired of seeing blown up prices, especially when the price doesn't match the cars condition. Those cars stay "For Sale" for years. If you want someone to buy your car, put it at a decent price that both parties can agree on.

"A car is only worth what someone is willing to pay for it"
 
(stupid low rider stuff, wagon wheels, etc, etc).
My sentiments exactly. I would set fire to the '69 too if I thought that is how I thought it would end up....and I'll add LS (or any ghastly computer controlled) engine to the low rider and wagon wheels. :laugh:
 
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For all intents and purposes, they have crashed. As mentioned, the upper echelon (LS6, Z16, COPO/Yenko, etc.) will remain for a good while. The world is an expensive place. The average new car transaction price is $30k or more. The average, restored/nice real SS but NOM or maybe a “lesser” 396/454 type Chevelle is about the same basically. They just aren’t going to $10k or $15k again.

So I’m 33 and from what I gather, definitely one of the younger guys on the site. I’ll offer some insight from my demographic/generation.

I’ve had the car bug since birth. A cool car is a cool car. When I was 16 (actually about 13) my dream car to have in high school was a ‘70 LS6. Didnt happen, obviously. After looking at several big block Chevelles and even a ‘68 Mustang 390 fastback (yep, it was a Bullitt clone) I was allowed to buy a one owner ‘80 K5 (350 4bbl and TH400, so even a high schooler couldn’t break it). The Chevelles and Mustang would have been with a funds match from my parents of what I had saved mowing lawns for many summers. Even still these were nice drivers for $8k-$10k. This was 1999-2000.

So this year I bought a ‘72 W code with a previous body off resto, NOM. It was a beautiful day here and I drove it to work today. I office in downtown Denver (I have a reserved garage spot and I have a toll tag on it so I’m not in traffic). Denver is a very “young” city. So many 20 and 30 somethings. They were all pointing, giving thumbs up, one guy my age gave the double index finger hand roll, aka the universal “light ‘em up” symbol. So, as it was about 3pm and I was the only one at the light, I gave him and his group a quick smoke show. Like a 4-second to about 10mph burnout. Applause and smiles all around. So, I wouldn’t say there’s a lack of interest.

My generation does lean towards what was cool when we were kids: Mitsubishi 3000 GT VR-4’s, Toyota Supra Turbo’s, Nissan 300ZX Twin Turbos, Mazda RX-7’s, Audi S4’s, BMW M3’s, etc. but also Mustang Cobra’s and SS Camaro’s, Vipers, etc. The one thing my generation all seem to have in common with old cars, and this is somewhat inexplicable, are an affinity towards classic 4x4’s. Specifically, 70’s and 80’s era SUV’s. For example, I have a ‘78 Bronco. It’s an original “Freewheeling Edition”. It has a 400, plaid seats and the top comes off.....bad ass! K5’s, Scouts, Broncos, SJ Jeep (Wagoneer, Cherokee Cheif), FJ 40’s and so on are universally liked very much by my peers. I get thumbs up in my Chevelle, but approached with a desire to talk about, see and touch the Bronco. Perhaps it’s because they know what it is?

My shaky theory is this: We are a generation of, among many things, a desire for usefulness in items. If something doesn’t add value, or work as designed, it’s not highly regarded. My point in this context being that the classic SUV is potentially seen as something that checks multiple boxes of usefulness. It’s an “old car”/classic vehicle. It’s something you can take to pick up items for your DIY home project. It’s something the family can easily fit in. It’s something you could take camping. And so on. Whereas the Chevelle is potentially seen as great to look at, but what can you really use it for besides driving? Again, this is through the eyes of others as I’m speculating. BUT....man o man does it make a noise. Noise you can feel. Noise that even the ricer crowd will admit awakens some innate, raw, car guy emotion that can’t be denied. The experience of nailing it in 1st and getting it to 4th gear while still being pointed in the correct direction, that’s a beautiful thing. Can those other cars I mentioned above do it quicker? Most likely. But do they do it “safer”? Yes, and that’s the problem. It’s analog vs digital. Wrestling a bear vs a sanitized experience. And that is something that may not be realized until they take a ride in a Chevelle or, hopefully, see mine do an effortlessly quick 4-second burnout at a light in downtown Denver. There is hope here guys. Don’t count us out because we’re young. In today’s world that’s Ageism and grounds for a lawsuit, lol.

I guess to digress back to the OP’s question, what I’m saying is that if your going to sell them in your later years or pass them on to eager relatives, then great! Someone will buy them and enjoy it. And be able to buy them at a reasonable price. However, if you’re going to keep it in the garage and it’s now your estates problem, or your going to destroy them (come on) then, there will be fewer vehicles available to acquire and prices might rise.

Unfortunately for some, the restomod route is probably the build theme of choice for the majority in my generation. So to my initial statement, the rare and original ones will stay out of reach, but the clone vs real SS (but NOM or a “lesser” 396/454) gap will probably continue to narrow as restomods don’t care who the donor vehicle was born.
 
I'm not worried about any market crash because I have to much as it is. I have made the decision to thin the herd of anything I have no love for anymore. This can be because its hard to get the item to pass smog, or I just think its taking up space I could use for something else. I do have a couple of cars that I would like to keep around, but I'm afraid that they will just end up in the scrap yard if I don't do something with them before I die. Of course if I go and everything is still here it won't matter because I will be gone. But I have no intention of leaving anything behind. Nothing I have means anything to anyone in my family so eventually its all going. As always, just my .02.
 
Discussion starter · #49 ·
same here langss...girlfriend would love to keep it but she can only fix so much. If she had to take it somewhere we all know what would happen....car would get hammered, they would steal parts off it and rip her off.
Siblings, only 1 Ive heard from in decades called a yr ago just to see if I would sign over my stuff and give her medical decisions over me. She would have it sold in one day for 5k...never heard from her since. :)

Not saying I hope they arent worth anything just within reach...sure would like a driver Camino. Just easier to maintain
AWhile back I bought a 1 ton that I had to unload but as painful as it is to work on anything actually enjoyed it, basic stuf
bout as dumb as I am, equal playing field. LOL

Seems wiht the cost of living going nuts cars go down. Right now if mine sold and it got me a house Id do it in a hot second.
 
Actually, I kind of do...

No plans to sell my house, no plans to refi, and another market crash would allow me to reduce my property taxes again... Even if my home was worth less than I owed ( maybe 25% of the current value), I still wouldn't be thinking of leaving for those reasons...
Agree completely. Everybody thinks it's great to see their home values going up. All I see is my taxes, insurance, and maintenance costs going up. If your house is increasing in value more than the market in general, you are gaining advantage, But if your house is going up in value because all housing costs are going up, you are gaining nothing, and like I said, your taxes and other costs are going up. And every dollar invested in your house is a dollar NOT invested in financial markets, where it can grow in a way that really benefits you.
 
My son's inventory:

Projects in the works:
'30 Ford - has a Pontiac Sprint Six he's going to put in
'53 Willys Wagon - already has a running (trashed) '04 Suburban to place Willy body on
'70 GMC C1500 - his high school truck - redoing the suspension to lay frame

Running/driving cars:
'63 Nova - build 250 six cylinder & 6 speed
'68 K20 Suburban - Cummins 12v diesel & 6 speed
'84 GMC C1500 - stock factory 2wd short box 6.2 diesel

He's a full time PharmD student after a stint in the Marines. Has two part time jobs, Marines are paying for his education.

So he's 29 and nuts about old iron. Makes the time between classes, studying, and work.

I think there are more folks around his age with the interest out there, and I think the future is in good hands. My interest influenced him and his (Mustang driving & loves manual transmissions) older sister.
 
I'm not worried about it. When I can't drive them, I'll find some way to get rid of them-----------BUT NOT TO ANY OF MY KIDS---------------well, maybe one car to one kid, but that's it.
I've already vowed that when I can no longer drive the 56 Vette, I'm putting it out in a field, pouring gas all over it and lighting it.
Only ONE of my boys MAY get any of them. My daughter gets a $10 bill. My oldest boy passed away in Sept, so he's out. The next older boy has NO ROOM for another vehicle (but he likes the Cutlass). The next boy would sell whatever he got-------------nothing for him. The youngest would wreck whatever he got withing 1mo-------------plus he has no place to keep it inside away from thieves and vandals. If I sold them, someone would just butcher them (stupid low rider stuff, wagon wheels, etc, etc).
Donate them to a museum.

Or better yet, make arrangements to be buried in your vette, sitting in the driver seat, top down, with a giant **** eating grin on your face :)
 
I agree with your take on the 4th gen F-bodies. No class, no style. Muscle cars were a one-time concept, designed and built as factory-built responses to the home-built hotrods of the 50's and early 60's. Anyone have a shoebox Chevy with a 327 and 4 speed before buying your first SS Chevelle? Of course, many of us did.
I'm 35, and those 3rd and 4th gen F-bodies bring back many memories to me. A 2000 Z28 was the first car I went 120mph in. We did some stoplight racing against them back when I was a teenager in my buddy's built up 82 Camaro. We borrowed a 91 Mustang GT from my uncle and had better luck picking up girls than ever before. :) The first street race I ever witnessed was an LT1 Camaro vs. a 5.0 fox body mustang.

This type of nostalgia is the same reason many of you guys remember musclecars so fondly.

I want to pick up an LS1 Trans-Am while they're cheap... that has been my wife's dream car since they came out. 3 kids though kind of limits the practicality of that idea. :eek:

pre war cars are totally different animals when it comes to collector cars. they take a really unique person to own one. most parts are not found at your local auto parts store. you just don't hit the key and start one up, once you do get them started it takes a bit to keep them running, once you get them driving they are not very fast at all and might not stop. some are very big and take a bunch of room in a garage. and the cost to repair and restore and out of the world if you can find someone to help you do the work. the more modern a car is the more it will be around for ever. take for example you can have a factory 396 Chevelle with a auto cold AC on a hot day and keep up with high way traffic
I agree with this. I have Model Ts, and they are NOT meant for modern traffic. Driving one is a hazard, but it is enjoyable and relaxing experience on back country roads.
 
My older son will want my Chevelle. Every time he comes for a visit he wants me to fire up the lumpy cam 454 with 3" exhaust. He grins like a goof ball every time. lol. I think the muscle cars will be strong for many years. They will never make em like that again. Blue collar race cars are long gone from the corporate mentality.
 
Discussion starter · #55 ·
thats sad DZ but noone appreciates these like we do...so many cool cars coming out of the wood work with "it was my dads baby he bought new but he passed away want it gone to day or trade for a JDM pos".

Leave it over here Ill keep them just the way you got em now love the way you do your cars up. Plus you drive them!
 
Agree completely. Everybody thinks it's great to see their home values going up. All I see is my taxes, insurance, and maintenance costs going up. If your house is increasing in value more than the market in general, you are gaining advantage, But if your house is going up in value because all housing costs are going up, you are gaining nothing, and like I said, your taxes and other costs are going up. And every dollar invested in your house is a dollar NOT invested in financial markets, where it can grow in a way that really benefits you.

That's where I'm at. Assessor has the county appraised at or above market value. I tried to fight it but since there are no comps for our priced range home in the past two years it's bend over and take it. He knows it all!!
 
I'm not worried about any market crash because I have to much as it is. I have made the decision to thin the herd of anything I have no love for anymore. This can be because its hard to get the item to pass smog, or I just think its taking up space I could use for something else. I do have a couple of cars that I would like to keep around, but I'm afraid that they will just end up in the scrap yard if I don't do something with them before I die. Of course if I go and everything is still here it won't matter because I will be gone. But I have no intention of leaving anything behind. Nothing I have means anything to anyone in my family so eventually its all going. As always, just my .02.
I didn't jump to any of these decisions lightly, I wasted this last summer working on the 91 Mustang 5.0 Convertible that was supposed to be for my oldest Grandson. I bought a Battery, got it running, bought a rivet gun to change the door lock actuators, and the actuators, and even arranged a place that could/would smog the car.....and nothing. Suddenly its going to cost to much to keep it up, it uses to much gas, and on and on and on. So saving the two third gen Camaros for the younger Grandsons will just be the same thing since they are all cut from the same cloth. So when I can, the Camaros will go and probably the others as well. Unfortunately its just the times we live in. When I was the age of the younger Grandsons, I would have been pissing my pants to know Grandpa was saving a car, any car for me. That's just how it goes.
 
I could really care less about values as I didn't buy the Chevelle as an investment. But at same time, the prices are too high and practicality too low to bother buying another old car/truck these days. I'll never sell the Chevelle, but if neither of my daughters take an interest in it, I guess it'll up like DZAUTO's Vette; on fire in a field.

You could legitimately drive an old car daily 20/25 years ago. Now, I don't think it makes sense or even safe to do so in many areas of the country. People drive like idiots, and fast. Just braking alone will put old iron in a bad spot quick as any new car can stop on a dime. Old iron has turned into a weekend cruiser, car show toy, trailer queen, and/or investment object traded around like a stock certificate or painting. I could see values dropping if baby boomers pass and the widow/family fire sells the old muscle car. If interest (demand) drops enough, could be favorable for us Gen X guys who may be in our 50's at that point and some $$$ in our pocket to pick up the fire sell baby boomer collectibles. I don't know, the baby boomer generation spans what 20 years? With that long of runway, I don't see values dropping solely based on baby boomers dying off.

The supply of old muscle cars is low enough and demand high enough to keep values stable or increasing for the foreseeable future IMO.
 
Discussion starter · #60 ·
Good points

I feel for the guys who worry about some future buyer...may as well find another hobby they will never enjoy it

Youth? they are into themselves, not any activity. Look on YT FB daily 20 min videos about nothing really and this crazy need to be liked. How do they function in real life? Cars are just an inconvenience, or a tool like a fork. You use it cause you have to.
 
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