Quote:
Originally Posted by seafeye
It seems there is zero chance a millennial will buy a 40’ 50’s and maybe a 60’s car.
At what point will the 70’s be too old? There are plenty of those American cars for sale locally. The prices are falling because of low demand. Could this trend reach the 911’s?
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Gotta disagree.
Vintage Mini's, I could find young people driving those in the Charlotte area.
Same goes for inexpensive MG's and Triumphs.
It is just the ones in collector pricing that outprice a young person that will be of less interest
to own.
A major problem with this era when it comes to many American cars is the cars were designed to last until the next model came out. The attrition rate has been pretty high.
Combine this with attrition rate with more people in the country today, and the number of 1950's cars to the number of people today is not the same ratio as the 1950's.
I find that a lot of millennials are into cars from driving games. They'll hunt around for the cars that interest them in the game that they can also afford to own a real one.
For me, it was the Porsche 944. I liked it in game at age 13, I saved my money, and then when I was 18 bought one.
I will say this, each time I go shopping for older cars, the rust on body and frame turn me off.
I'm fine with drivetrain and suspension work on a potential project car, but I have no inclination for rust repair.