Quote:
Originally Posted by Matt Monson
I think they incorrectly dismiss Generation X. We are behind the recent surge in 70's & 80's automobiles. They focus in that article on the old 50's and 60's cars. That market is going to go flat. I've got no interest in a Bel Air. A Corvette or Mustang or Chevelle from the 60's, sure. But older than that, unless it is a 356 or Ferrari, you can keep it.
My point is that with the generational shift there is coming a shift in tastes. They are right, the market for old American cars is flat and is likely to deflate. But a new market is rising up to take its place. What is defined as collectible is shifting.
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I agree to a point. The foreign cars that we (I'm a Gen Xer) loved in the 70-80s are few and far between these days. There is a growing following for Japnaese cars from that era but there are hardly any left. The numbers are tiny compared to the Detroit stuff from earlier days. I would love mid 70s Celica GT like my dad had but they're pretty rare.
We are certainly familiar with European cars from those days. BMW E30s are gaining in value and will probably coninue to do so. There are a few VWs that I would love to own from 30 years ago but again, most of them have vanished to the junk yard. The survivng GTIs and Sciroccos are miniscule next to air cooled 911s.
I also see a growing interest (as mentioned elswhere) in Fox body Mustangs but I only sporadically see those on the road.