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Join Date: Jul 2003
Location: Valencia Pa.
Posts: 8,843
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Do you think collectible cars will still be collectible in the next 20 years??
Do you think people will still go gaga over a Hemi Cuda in 20 years? If we keep our old Porsches stashed away for the next two decades , will they still be sought after ?. Or will they get lost in the history books as new technology replaces what we have now?
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11-02-2010, 04:34 PM
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Join Date: Jan 2002
Location: Long Beach CA, the sewer by the sea.
Posts: 37,627
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There will always be a market for anything old that was good in its day.
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11-02-2010, 04:38 PM
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Banned
Join Date: Aug 2001
Location: Jacksonville FL
Posts: 50,449
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I think in the next 10 to 20 years the collector car market and the HD motorcycle market will hit the skids. Once all the baby boomers starting dying and thier kids flood eBay with Dad's cars and bikes it will get ugly. Sorry but the market has peaked.
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11-02-2010, 05:37 PM
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Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,497
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Time will tell. Time is also short enough for me that I really don't care.
If I had to guess, I'll learn towards Milt's thinking. After all, there are cars from the 20's and even earlier proudly displayed at a concours. This despite the fact they would be terrible to drive on today's roads. How to pick which cars will be in demand 30-40 years from now? Rots a Ruck!
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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11-02-2010, 05:47 PM
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I think the Muscle car market has peaked and a long slow decline is it's future. Exotic European sports cars having not spiked to unsustainable highs like muscle cars will not suffer a big downturn. IMHO
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'87, Modified WUR, Billet valve, 965 downpipe, Kokeln intercooler, GHL headers, Garrett T04B K27 hybrid, Tial w/.8 bar, WEGO IV, RarlyL8 dual out, LSD |
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11-02-2010, 06:14 PM
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Location: Long Beach CA, the sewer by the sea.
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There will be a new crop of collectors long after us boomers have gone. The mere fact that the rest of the collectible market will go on and on will bring cars along with it. I don't see rare books, art, furniture or memorabilia tanking.
Muscle cars are even to me the dinosaurs of all cars. Ugly, heavy, not that fast and a terrible ride with no stopping power. Some might argue how did they become collectible to start with? I think the last time I lusted for a '57 Chevy with a HO SBC was when I was 20. I never wanted anything bigger. BTW, if I jones for the ultimate muscle car nowadays, I just go to a NASCAR race and listen to what a 100 grand sounds like in 350 cu. in. Then I'm good for a few years at a time. Back to the car thing: When there are too many in existence, value will suffer. Therefore, ex NASCAR race cars will never be a good investment, IMHO. There will always be an exception. |
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11-02-2010, 06:29 PM
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My daughter 28, my son 22 grew up with Porsches. They came home from the hospital in them. They took long Sunday drives in them. They love Porsches. Daughter and sil can afford any Porsche right now. Son on his merry way there too. Our kids will carry the torch.
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63 356 So Called Outlaw 76 930 |
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11-02-2010, 06:44 PM
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Location: New York, NY USA
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Is there one 1976 Chevy Citation left?? Not that it was anything special, but did anyone ever bother to store one of them in some old barn?
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11-02-2010, 06:51 PM
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UnRegistered User
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Quote:
I don't care if the 911 is collectible, I just want to drive it.
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Bill K. "I started out with nothin and I still got most of it left...." 83 911 SC Guards Red (now gone) And I sold a bunch of parts I hadn't installed yet. |
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11-02-2010, 07:03 PM
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Cogito Ergo Sum
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I can say when I get older I will start buying more older cars... But not for the collectible status.... I wanna drive 'em dammit!
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11-02-2010, 07:23 PM
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Virginia Rocks!
Join Date: Oct 2003
Location: Just outside the beltway
Posts: 8,497
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All the buzz is about nostalgia...getting what you couldn't have when it was nedw because you couldn't afford it, etc. When people stop remembering and getting misty eyed, the market will die off. I feel the same about my 83 911 but don't lust for a 356...do you?
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11-03-2010, 02:42 AM
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Location: Australia
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It comes down to us 30-50 somethings to teach our kids/grandkids about the way cars used to be made. With passion. I own a couple of W108 Mercs and my kids have always been around older Porsche's and Benz's. I just bought a W114 280E for my 15yr old. When I asked why he wanted that over a modern type car, his answer was: "are you kidding. I understand what these cars are about. It was at the forefront of automotive technology of the time, not to mention it's gunna look kick a$$ lowered and go like crap when I stick that Eaton on there". He's now got his friends coming over and saying that car rocks, so of course the old Benz is now uber cool.
So yes, there will always be a collectible market for fine and well loved auto's as long as we instill in the next generation what these old machines are/where about. I love cruising around in the W108. All types of people look at it and comment. Stop at a gas station and it will always pull a few chatter-boxes, but more surprising the youngies are always saying "beautiful car man".
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In Heaven… the mechanics are German, the chefs are French, the police are British, the lovers are Italian and everything is organized by the Swiss. In Hell…the mechanics are French, the police are German, the chefs are British, the lovers are Swiss and everything is organized by the Italians. |
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11-03-2010, 03:23 AM
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Location: Mount Pleasant, South Carolina
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My kids have been around as long as my 911's, but couldn't give a hoot about it, Porsche, or nice cars. Mom poisoned them on the idea of "that damn car", so nothing is collectable to them.
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11-03-2010, 03:48 AM
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Young people have no passion for cars as the boomers experienced in the 60's - 80's.
Yes some high end cars will still have a market, but the days of BJ selling Cudas for a million are over. Old american hot rod iron is past its peak. The kids into cars are all driving ricers now anyway... |
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11-03-2010, 04:17 AM
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Location: Charleston, SC
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Quote:
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'87 924S (Sold) |
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11-03-2010, 04:43 AM
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Get off my lawn!
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My daily driver is a 1986 El Camino. It is in very nice condition. It gets more comments than my Carrera. Last weekend a 19 year old kid working at Sonic just gushed over it. He wanted to know how long ago I restored it. I know he was 19 because he was born the same month that I bought the Elky. He was a car guy. He was driving a POS pickup that he drug out of his uncle's pasture. Some kids today just want an appliance car. But there will always be the person that does not want to drive a silver Honda. or it's clones.
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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11-03-2010, 04:47 AM
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Friend of Warren
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Location: Lincoln, NE
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Quote:
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Kurt V No more Porsches, but a revolving number of motorcycles. |
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11-03-2010, 05:02 AM
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Location: a wretched hive of scum and villainy
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No, it'll be illegal to operate them so all they'll be good for is museums.
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11-03-2010, 05:24 AM
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Parrothead member
Join Date: Jul 2003
Location: Monmouth county, NJ USA
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Quote:
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Vinny Red '86 944, 05 Ford Super Duty Dually '02 Ram 3500 Diesel 4x4 Dually, '07Jeep Wrangler '62 Mercury Meteor '90 Harley 1200 XL "Live your Life in such a way that the Westboro Baptist Church will want to picket your funeral." |
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11-03-2010, 05:46 AM
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Registered User
Join Date: Nov 2010
Posts: 1
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sooner or later it will i know.. its the future.. we can say..
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11-03-2010, 05:48 AM
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2012 1963 356
The Beast, rocket sled The 930
1983 Porsche SC
1986 Porsche 944 2.5l
Carrera
