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Classic Cars What Will Be a Future Classic?
588 messages, Last post on Sep 06, 2009 at 3:54 PM
You are in the Classic Cars Forum. Your Host is mr_shiftright
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Replying to: m1miata (Jul 16, 2006 6:03 pm) As for Crossfires, it seems to fall under one rule of collectibles, which is "unloved when new, unloved when old". |
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One of the things touched upon by others that is lacking in the current automobile lineup is the option packages. The Honda Prelude that m1miata mentioned comes to mind as a good example of a potential collector car. However, Honda seemed to offer one or two factory options and let the aftermarket manufacturers take car of alternatives. The $1,000,000 Barracudas were generally for 1970 cars (an aggressive and desirable year for the body style) and had a rare option package. There were probably four or five engine packages in that year (318, 383, 440, Hemi, etc) along with carb options. If Honda, for example, made in the final production year a special factory assembled supercharger option with enhanced handling for the Acura RSX type S and sold 3,000 or so units, then this would likely go down as a collector car. As it is, Honda will only build the RSX and RSX type S base units and rely upon Jackson Racing or some aftermarket company to supply superchargers. In 20 years, if an RSX type S with a supercharger is on the market, the thought process of a collector will be if the supercharger was installed by a hack and this will likely decrease the value instead of exponentially increasing the value if the manufacturer did the install.
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Replying to: john500 (Jul 17, 2006 11:50 am)
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Replying to: fintail (Jul 17, 2006 12:46 pm)
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Replying to: Mr_Shiftright (Jul 17, 2006 12:52 pm) The same for Supras...they have a following, but aren't really appreciating from what I can see, and it seems impossible to find one that hasn't been messed with.
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Replying to: fintail (Jul 17, 2006 1:15 pm) Sometimes what is and isn't collectible doesn't make any sense.
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Replying to: Mr_Shiftright (Jul 17, 2006 3:41 pm) |
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Replying to: fintail (Jul 17, 2006 5:42 pm) It's interesting to see how the "cellar price" works...let's say an old Mercedes 6.3 sedan or a BMW 3.0 coupe....they can't go above a certain price range no matter how nice they are and never seem to drop below a certain price range no matter how ratty. You'd think that normal attrition would drive the price up but it doesn't seem to---perhaps the number of cars that die off and the number of people who want them also die off at the same rate. With Mopar muscle, it seems the opposite. The number of Hemis is increasing as the dastardly counterfeit or honest clone market increases (both are booming) and the number of buyers who like them are still only in their 50s and 60s, so they're survivors, too. What's interesting to me is that this supply and demand equation doesn't need large numbers to operate. e.g., there seems to be 100 Citroen DS cabriolets out there and 101 people who want them, so the price stays strong ($40,000 and up!!) even though it's an obscure car pursued by equally obscure collectors (they rarely own anything else). And yet, if a gaggle of these old cabriolets is found, say 3 or 4, then the market is "saturated" for a few months...it's that close in balance.
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Replying to: Mr_Shiftright (Jul 18, 2006 6:45 am) I can't find anyone my age (mid-late 30s) that would pay significantly more for an original Hemi than a '60s Camaro, Jag, Porsche, etc. I hope the current buyers plan on holding those cars for a long time. |
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I guess it all comes down to buying what you like, and don't expect to make a penny. There will always be a good amount of affordable fun old cars out there.
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Classic Cars What Will Be a Future Classic?
