Quote:
Originally Posted by tominizer
One thing I haven't seen discussed (unless I missed it) is the up and coming generation of kids/young adults. This next generation seems to have ZERO interest in these things (from my personal experience). It's not important to them. When they grew up, the family car was likely a piece of S*** and there's very little connection automotive-ly. Their interests are very much elsewhere. I don’t know how many times I’ve asked the younger generation about what they just saw driving down the road beside us and they have no clue. “Was that a Camero??” they say. “No……. *sigh*….. it was a Ford Mustang”, dad groans. No connection or importance to them.
Generally speaking, all the car shows I attend are mainly us older guys and our wives (if we are that lucky to have a wife that’s interested!!). I'm not seeing the younger generation taking interest and participating as they are glued to tablets and iPads. Yes, there's the odd case where this doesn't 100% hold true but I think the future holds a very different market place for these precious gems. My kids have no interest in “wrenching” or learning anything about what we do with our older cars. Nor do their friends.
My brother inlaw had an older VW bug as an example. Meticulously restored and maintained. His intention was that it was to be handed down to his son, the next generation. It was an impressive gift. At the time, his son was in his late teens and never stepped into the garage with his dad (first sign). And there was no interest as he was more enamored by big turbo-ed Nissan Skylines, then Jeeps with 30” tires and finally joining the army to drive military vehicles. So the bug was eventually sold off to “some guy” where it apparently sat and rotted. I believe this story holds true to some extent now in many families and will be very much the case in the future.
My point?? Long story short, bubble or whatever, I believe the Porsche market is going to tank. The next generation is not "connected" for the same reasons we are, if at all. The prices on these older cars will not hold as a dying generation of "old guys" eventually unload their pride and joys on a market of un-interested people..
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Well, my 28 year old has TWO Porsches; a 944S and an 88 911. I'm pretty sure that he would be considered the younger generation.
The sky is not falling. This is an old argument, heard about older cars forever. I think we've got quite some time to go before people lose interest in air cooled Porsches.,,,like maybe never. Besides, with global warming, emissions and gasoline becoming larger and larger topics, gas powered cars will become rarer and rarer; and perhaps even more desirable...who knows?
No, you've got a lifetime of enjoying these babies still to come.