Quote:
Originally Posted by Zeke
At the risk of PARFing this up, which is not my intention, and it doesn't need to get PARFy if people just behave. But the word seems to be that the classic car market is and has been softening. The best cars, those that are more rare and therefore more collectible, are stable. Just that, stable, not appreciating at double digit rates. One source leading to my opinion is Jay Leno. Another is Ed Boolean. I follow a few of these guys as well as Hagerty.
I won't repeat numbers because IDT any are much more than speculation. The whole thing has been speculation all along. You know what happens when that word is involved.
Argue if you will, or just let it be, but the run up of just any car with a chrome bumper is not what it was in recent years. There are a number of reasons, none of which can be substantiated, but suffice to say IMHO only, things are backing off.
Now can the rest of you deal with that and not discuss anything but car values? I doubt it knowing this place, but I can ask.
|
This vehicle is a beautiful but otherwise mundane truck. Unless you grew up in the passenger seat with your grandpa at the wheel there's nothing special about it. The only people this thing is going to appeal to are those who have nostalgic value for it. I mean it's pretty as an art piece, but it probably sucks to drive, and it's too pretty to use for truck stuff. So maybe now a lot of the buyers that this appealed to are simply aging out of the market.
I actually saw a truck of similar vintage just the other day, and I thought to myself, "neat". That's it. That's all. Certainly wasn't about to turn around to look at it in the parking lot--I'll see a thousand of them in a couple weeks at Woodward Dream Cruise.
I have this same feeling about cars from the 60s that everyone in their 60s was lusting after 10-20 years ago. They were mostly regular ass cars for the era that elicited nostalgia for older buyers. Imagine someone 50 years from now gushing to their wife, "Guess what honey, I bought a mint condition '2018 Ford Ford Fusion! Only 1 of 300 in this shade of white made that year! Let's go for a drive!"
But hey, if something has nostalgic value it has value. I'm not going to pretend that seeing a mint condition Dodge Omni two-door like the one I grew up in wouldn't butter my bread.
Edit: Sorry, just saw you wanted only to talk about the values, but I apparently don't know how to separate the why from the what.