Quote:
Originally Posted by Z-man
First off - what is your definition of a collector car? That definition varies greatly even among car enthusiasts.
Right now, it seems that the muscle car / American iron segment is still hot. So older Mustangs, Camaros/Firebirds, Vettes and others are holding their own in the collector realm.
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I was thinking of a simple definition of "collector car": A car that stops depreciating in value and actually moves higher in value over time.
I subscribe to three "collector car" price guides. I prefer the
Sports Car Market and the
Cars That Matter guides. They show a definite decrease in value for most every muscle car from Jan. 2008 to Jan. 2009. Of course, the market was so hot that most prices just returned to 2006/2007 levels.
A few things that I think are important:
A beauty in design.
Rarity.
A successful racing performance (for performance cars).
A car with a "story" (James Dean's Porsche, Peter Gregg's street 911).
A car that car enthusiasts love (have you ever heard of a Toyota car show?)
JMO