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Watching Mecum tonight,and it;s official,collectors are cashing out!

It's a 68 Charger with a Hemi,whats not to like? I saw my first Charger in 1968,my parents bought a new Charger R.T SE in 1970,Chargers still look just as good as they did back then,not many cars that can be said about over 55 years later!

moms Charger.jpg
 
Maybe it's me,but I am seeing collectors cashing out on highly collectable cars like Porches, Lambos and Ferrari's that would have never been offered for sale before! Is the writing on the wall for us! The seven figure car collectors are cashing out!
Mecums Monterey auction is in conjunction with Pebble Beach and caters to all those high end country club type collectors that flock there each year.
That auction always has a lot of vintage Ferraris, Lambos, classic coachbuilt cars from the 30s, and other museum piece type cars that often sell into the 7 figures in the lineup.
Unlike their other auctions, muscle cars are in the minority among the offerings.
I didn’t notice much different in the type, quality or quantity of cars they had there this year than there in 2022. No more high end collectors cashing out than any other recent years I don’t think, at least not based on what you see at Monterey.
 
I think a lot is the next generation. Older tuner stuff. I have and my son has purchased 1/2 interest from me. 2003 Mustang Cobra. 4.6 supercharged DOHC engine 6 speed manual they called the Terminator. Fun, cute car. And we got it road worthy. Now making prettier. I would say we have 9k into car. It is worth 2x today. And going up. Not my favorite in the stable. But what do I know? Lol. It does jump out and beat my near stock '69 GTX 440 4-speed in 1/4 mi. 440 will get pissed and run it down by 1 mile top end.

My dad didn't like my muscle cars much. I don't like the the tuners much. But did I care what my dad thought? Or does my son care what I think of his car likings? Nope!

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never been into my cars because of worth
Bingo. Me neither.
Fred is more than whatever some hoarder or other "expert" thinks he is or isn't worth.
To be borderline morbid about it, he's my last Mopar in what's left of this life for me.
He is driven and enjoyed regularly - and I'm living in a part of the country that makes that
somewhat less of a risk to do, too.

I don't watch auctions and I don't pay much attention to online ones, either - they depress me
to be honest, seeing the hobby pulling further and further away from reach of the younger folks
who are needed to perpetuate it.
It's sad, truly is...

In the meantime, I have a cancer benefit car show to attend with wife and Fred in the morning.
As you might imagine, I get paraded around a bit at such events as a "survivor", but I just enjoy
the people and the other cars honestly.
Enjoy every damn chance/excuse you get to get these cars out for a drive, gents.
Clock is ticking...
 
The under 40 crowd is more interested in cars from the mid 80’s up.
Though that statement bears truth, be careful painting with a broad brush. My wife and I are fortunate enough to own a handful of 68-70 B-Bodies. They are all drivers and get driven. Almost all of the people that rave about the cars or ask if they are for sale are under the age of 40. Some are just entering the part of their lives where the kids are moving out and they’re starting to have disposable income. Most claim they cannot find these cars for sale or at least without having to commit to years of body shop prison and/or tens of thousands of dollars funding a restoration. Hell, this is proven everyday when us ‘older folk’ see people paying $40-$50k for a non-numbers running driving ‘70 V-code B-body that most consider needs a restoration! I’ll bet most of our stomachs would turn at the thought of paying that when we clearly remember they were on the street corner for $1500. Do I think these cars are just going to keep going to the moon? No, but I do believe we have the most desired muscle cars that ever came out of Detroit and we certainly know they made the least of them. There are plenty of people generations younger than me that will scoop these cars up when they become available. After all, we all know we are just caretakers of these sweet *** Mopars!
 
Though that statement bears truth, be careful painting with a broad brush. My wife and I are fortunate enough to own a handful of 68-70 B-Bodies. They are all drivers and get driven. Almost all of the people that rave about the cars or ask if they are for sale are under the age of 40. Some are just entering the part of their lives where the kids are moving out and they’re starting to have disposable income. Most claim they cannot find these cars for sale or at least without having to commit to years of body shop prison and/or tens of thousands of dollars funding a restoration. Hell, this is proven everyday when us ‘older folk’ see people paying $40-$50k for a non-numbers running driving ‘70 V-code B-body that most consider needs a restoration! I’ll bet most of our stomachs would turn at the thought of paying that when we clearly remember they were on the street corner for $1500. Do I think these cars are just going to keep going to the moon? No, but I do believe we have the most desired muscle cars that ever came out of Detroit and we certainly know they made the least of them. There are plenty of people generations younger than me that will scoop these cars up when they become available. After all, we all know we are just caretakers of these sweet *** Mopars!
Wonderful to hear from a younger fellow steward. :thumbsup:
 
I feel we have finally reached the real peak of the hobby. I have said this twice before and been proved wrong before,but with laws changing I think this time I may finally be correct!

sit tight, they'll be dumping parts next!
 
I'd rather drive every day in my Cordoba, than any new electric Krap. I don't care what any of my cars are worth. I have them for ME.
 
I don't care if an electric car can take me to the moon and back,they are fugly golfcarts!
I don't know what's with these guys
so eager to see generations of
American pride, ingenuity, and history,
give way to an unproven technology.
You did not deserve the BIG RED X
for your opinion.
The greatest generation. Those boys
knew how to build a hotrod. God
bless America.
And yes...grandma and apple pie
are certainly part of the picture.
And a Singer sewing machine sure
doesn't sound like a Hemi.
 
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Though that statement bears truth, be careful painting with a broad brush. My wife and I are fortunate enough to own a handful of 68-70 B-Bodies. They are all drivers and get driven. Almost all of the people that rave about the cars or ask if they are for sale are under the age of 40. Some are just entering the part of their lives where the kids are moving out and they’re starting to have disposable income. Most claim they cannot find these cars for sale or at least without having to commit to years of body shop prison and/or tens of thousands of dollars funding a restoration. Hell, this is proven everyday when us ‘older folk’ see people paying $40-$50k for a non-numbers running driving ‘70 V-code B-body that most consider needs a restoration! I’ll bet most of our stomachs would turn at the thought of paying that when we clearly remember they were on the street corner for $1500. Do I think these cars are just going to keep going to the moon? No, but I do believe we have the most desired muscle cars that ever came out of Detroit and we certainly know they made the least of them. There are plenty of people generations younger than me that will scoop these cars up when they become available. After all, we all know we are just caretakers of these sweet *** Mopars!
Some of the boom is price of cars overall. Its easy to get caught up of the days in 70s and 80s. When most all cars were under $10. Today it's 4x that. My '69 GTX went for about $4k in '69. Prices are 10x today for same mid size auto. Putting GTX at about $40k+ by todays dollars. What's remarkable they have held full value plus. Not many cars do.

It's certainly a consideration for future purchase of newer vehicle. The EVs are total wildcard. But I'm guessing only the top of the line with low hours will hold value. The rest will be obsolete in 20 years. Technology change will play a bigger role than styling. Styling is why our classic Mopars have done so well. And will continue.

JMO.
 
That is totally a matter of opinion. Aside from that, it is a car that very few can play with anymore. Your market is dying. Like it or not, the Charger is not a car that will dominate the streets ever again.
Don't know where your coming up with
this stuff. Many fail to realize the EV
craze will be happily be accepted to
those confined to large city environments, and to further, those
with close proximity, and temperate
climates. EV's will never afford the
freedoms of our ICE vehicles.
There are just too many variables
and obstacles to overcome, that's
been established for hundreds of
years. It's going to take that same
amount of time before EV"s become
acceptable to Americans" way of
thinking.
Plus, old guys like me have more
money, live strong on memory,
and take a lot more pride on
what it took to get us to this point.
 
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Don't know where your coming up with
this stuff. Many fail to realize the EV
craze will be happily be accepted to
those confined to large city environments, and to further, those
with close proximity, and temperate
climates. EV's will never afford the
freedoms of our ICE vehicles.
There are just too many variables
and obstacles to overcome, that's
been established for hundreds of
years. It's going to take that same
amount of time before EV"s become
acceptable to Americans way of
thinking.
I think that's certainly true today. But 20 years from now? We will be seeing EVs that go well over a thousand miles per charge. With relative quick charging. Electric is going to win. I just wonder if production builds goes too cheap. Like what happened starting mid 70s. By 1980 the quality of builds were horrible. This could happen to EV. Get out the door faster and cheaper.

One non Mopar I keep an eye out for is Buick Grand National. That car stunned the automotive world starting in '82. With each year better until the pinnacle in '87. They built a damn nice car. Some say too nice. And the big wigs at GM shut them down. A story we've heard before.

It wouldn't surprise me if we see something similar with this next generation.
 
I think that's certainly true today. But 20 years from now? We will be seeing EVs that go well over a thousand miles per charge. With relative quick charging. Electric is going to win. I just wonder if production builds goes too cheap. Like what happened starting mid 70s. By 1980 the quality of builds were horrible. This could happen to EV. Get out the door faster and cheaper.

One non Mopar I keep an eye out for is Buick Grand National. That car stunned the automotive world starting in '82. With each year better until the pinnacle in '87. They built a damn nice car. Some say too nice. And the big wigs at GM shut them down. A story we've heard before.

It wouldn't surprise me if we see something similar with this next generation.
Exactly my point. I won't see full
acceptance of EV"s in MY lifetime.
It will take many years of technological
advances and public trust, plus some
independent individual that starts to
think outside the box and is a little
on the rebellious side, that turns that
technology into something faster,
styling differentiating from the norm.
At this point, I just can't see someone
proudly displaying the the bolt on
goodies of their Tesla, then claiming
20 years later, it's worth four times
what you paid for it.
How many teenagers are gonna hang
that poster of a Tesla on their
bedroom wall?
 
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Exactly my point. I won't see full
acceptance of EV"s in MY lifetime.
It will take many years of technological
advances and public trust, plus some
independent individual that starts to
think outside the box and is is a little
on the rebellious side, that turns that
technology into something faster,
styling differentiating from the norm.
At this point, I just can't see someone
proudly displaying the the bolt on
goodies of their Tesla.
Unfortunately some of the real cool stuff won't happen at least in my lifetime. Like the road itself charging the vehicle by means of a magnetic field. Won't be paying $$ per gallon. But pennies per mile. All automated. They'll still have "Open Roads" for nostalgic driving. This will be true for air travel as well. The only way the public can go private air vehicles (flying cars) is if the piloting is automated. Again, there will be corridors of open air for manual air plane operations. But in any area of population? Computers need to do the flying.

All probably 50+ years from now.
 
I think that's certainly true today. But 20 years from now? We will be seeing EVs that go well over a thousand miles per charge. With relative quick charging. Electric is going to win. I just wonder if production builds goes too cheap. Like what happened starting mid 70s. By 1980 the quality of builds were horrible. This could happen to EV. Get out the door faster and cheaper.

One non Mopar I keep an eye out for is Buick Grand National. That car stunned the automotive world starting in '82. With each year better until the pinnacle in '87. They built a damn nice car. Some say too nice. And the big wigs at GM shut them down. A story we've heard before.

It wouldn't surprise me if we see something similar with this next generation.
The Buick Grand National still suffered
from EPA attempts to lighten things
up a bit. Their plastic interiors plus
overall fit and finish, and paint were
total crap. Same as anything from
the 80's.
 
I also notice that the shows on Motortrend television are turning towards Japanese cars,goofy spoilers on 4 door dorky cars with crooked wheels! Maybe our time is passing us by!


I’m seeing more of these mini truck Jap imports showing up at the big show near me.


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