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Classic car prices !

when I buy a car part of my decision is if I have to sell it can I get my money back. Firstly I buy it because I like it
I have had as many as 45 cars and because of life changes I had to sell all but 2 I currently have 25 and will sell some if I can upgrade to a different car My Demons both 340. 4 speeds Fun cars to drive


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when I buy a car part of my decision is if I have to sell it can I get my back. Firstly I buy it because I like it
and will sell some if I can upgrade to a different car


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We share the same approach, which is why you became custodian of my former GTX. Couldn't be happier with the current one. Never bought any of them as an investment, but the hobby is more enjoyable if you don't take a financial beating while indulging.
 
I just buy them to drive them as well. I do try to make sure I can get my money back on them when I sell them though. One things for sure too, if you ever have to sell so you can move onto something else it's a lot easier to sell a $25k car than it is a $250k car.
 
I came close to selling the Bee early into the plastic business, around 1987. Glad that never happened! Here on out I really don't care what any of them are worth...
 
I look at it like I do my women, I rarely get out what I've put into them. I just make sure I get ALL the good out before I move em on down the road!!!:p:bananadance:
 
Sometimes I buy cars just to tinker with them and get them running to sell. Most of my cars that have been around for awhile I’ve gotten for next to nothing. Sure, I spend money on them, but nowhere near the value that they currently are. I can tell you every story about my cars, but safe to say, I’m patient, I wait for good deals to come along, and they seem to come along a lot, and I try to pass along good deals to buyers that come to see them.

One example……this is a car I had for almost 25 years, and my total output in money spent to get it and do what I wanted with it was under $5k. It also helped me get the Roadrunner I have now, which I have about $25k into, and that’s including the $5k for the GTX.

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Chevelle boys and Ford guys are going to watch their rides go to the entry level price range, because no matter how rare they claim it to be they made hundreds of thousands of those things back then. Younger GM boys like Camaros and G body cars. Younger Ferd owners want a modern Mustang and could care less about the old ones. That is Ferd's fault for switching to OHC "modular" BS and destroying their own reputation for anything newer then a Fox body. Youngsters for GM would as soon "LS swap" something then buy an actual muscle car.

Chrysler though, well, they maintained a performance attitude until recently as a main marketing tool. So there is demand from multiple generations. Names like "Hemi" and "Charger" resonate to all ages, and a certain movie franchise helped link the two worlds of modern and old.
A lot of youngsters like EV's. But I think the market for EV enthusiasts is niche, personally, and I don't see the enthusiast group gaining numbers at the same rate they did in the last ten years. EV's have no soul.
I also think the current trend of the auto makers to only sell enormous, overpriced, super heavy, unreliable crap is going to prop up the old car market for a while. A young coworker just told me last Thursday they are sick of their car(late teens VW) and are going to go look for "somthing old, like a 1990's Ford Ranger or an old Toyota tacoma" because they are sick of the electronics in their reasonably newish car failing. A tall order in WI rust city, but I understood the sentiment. That desire to have something simple and easy to repair, reliable, maybe with a stick shift is going to keep people looking back at what we had more and more. Been a long time since I heard anyone excited over some new model of anything from any brand.
My Pantera has done nothing but going up!
 
Today's car prices are great if you want to sell, but not if you're in the market to buy.
That's true! I have seen a couple Coronet/500's for sale. one yellow 500 went for @20K and some change, another blue I think was $25K. Both running driving units. There is one in Canada no engine etc, 12.5K. So they are out there. Just have the money ready which I don't have right now, so I'm a watcher. Once a house sells and a building is built, I'll start getting serious again.
 
My Pantera has done nothing but going up!
Not exactly a "common Ford"
I have seen really nice 60's Mustangs selling for around $25k lately. That's what happens when there are 15,000 of them to pick from in the country.
 
Only 15,000???
:D
I was going to write 25k but I don't live near the mega cities to know just how many are there. Every small town show around here has half a dozen, and no, not the same cars going to different shows. I imagine in the mega cities they could have a "69-70 Mustang only" show and fill a stadium parking lot, much less the rest of them.
 
I always have my eyes open for a 71 Demon. I sold mine when I was in a pinch. I was too young to know the bank would have loaned me the money I needed.
Young and dumb.
 
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