Barrett Jackson
Drifting
Joined: Jan 2003
Posts: 1,260
Likes: 7
From: Naples Fl
Every time that I see one of these posts I think the very same thing.I always have a blast driving my cars.I bet that you drive your cars a lot more than the restomods get driven because I see drive past everywhere ,rain or shine.Forum member Jackfit may have some argument here as well.Didn't he drive his car across the country last year and is planning a trip across Europe this year.He must not be enjoying his car either
Racer
Joined: Jan 2011
Posts: 407
Likes: 5
From: LAS VEGAS NV
I think only the rare originals like fuelies or BB cars etc that are perfect will keep bringing big money. There is a glut of run of the mill original cars and the supply continues to out do the demand. Restomods will always bring good money until the supply out does the demand. The demand however is growing for the restomods at the present time while shrinking for restored cars. This is only my opinion and I don't claim to have any factual data to back it up. If younger people buy these cars that weren't even born when they came out they'll have no connection to them except they like the way they look. When they drive them they'll be dissapointed if they're stock. Telling them that they were fast in their day won't cut it. They'll want AC, disc brakes, pwr steering, smooth gut wrenching performance, modern handling, a great stereo etc. That's what they're used to and unless they're starting a museum they won't pony up big money for a stocker. You shouldn't own these cars as an investment in the first place in my opinion.
Last edited by 32361ARTHUR; Apr 9, 2012 at 07:22 PM.
Tech Contributor
Joined: May 2005
Posts: 15,576
Likes: 118
From: Conroe Texas
. If younger people buy these cars that weren't even born when they came out they'll have no connection to them except they like the way they look. When they drive them they'll be dissapointed if they're stock. Telling them that they were fast in their day won't cut it. They'll want AC, disc brakes, pwr steering, smooth gut wrenching performance, modern handling, a great stereo etc. That's what they're used to and unless they're starting a museum they won't pony up big money for a stocker. You shouldn't own these cars as an investment in the first place in my opinion.
Instructor
Joined: Dec 2010
Posts: 211
Likes: 2
From: Owings Maryland
Restomods will run its course just like the chopper craze of the last 10 years. The market is flooded with them, and people cant sell them for what they want. I feel that people young, and old appreciate the heritage of an original old car or motorcycle. Just my opinion. Mark
Racer
Joined: Jan 2011
Posts: 407
Likes: 5
From: LAS VEGAS NV
Restomods will run its course just like the chopper craze of the last 10 years. The market is flooded with them, and people cant sell them for what they want. I feel that people young, and old appreciate the heritage of an original old car or motorcycle. Just my opinion. Mark
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Michael S. Palmer
Instructor
Joined: Dec 2010
Posts: 211
Likes: 2
From: Owings Maryland
I sell V8 choppers. They have V8 engines from 400 to 575 HP. We sell at least 35 a year between 50 and 70 thousand dollars each. These are the restomods of the chopper world, the 2 cylinder Harley type choppers are like the original corvettes, some bring pretty good money, most don't because of supply and demand. The chopper craze is not dead any more than the Corvette craze is, but it has to be really special to get folks to part with big money. By the way I also have classic bikes. I have a Vincent Black Shadow, an Ariel Square Four, a pre unit Triumph. I also think people young and old appreciate the heritage of an original old car or motorcycle but its a lot easier to get them to appreciate the heritage than it is to get them to pay big money for something there is so many of. If someone wants a restored bloomington gold or whatever corvette it only takes a check, there are more available than there are buyers just like most choppers.
Understood, I do think we need to give the younger generation more credit for appreciating original vintage cars and motorcycles. Not that I am young, but when I go to a car and bike show, I walk right past the fancy cars and go straight to the originals, restored or not. Mark
Safety Car
Joined: Jun 2004
Posts: 4,971
Likes: 538
From: Witness Protection Program Somewhere, USA
2026 Restomod of the Year Finalist
I hardly consider Vintage Air and a 5-spd a restomod....I already have 1/2 that combo in my '61 which is otherwise bone stock original. The restomod price of $185K just shows the circus atmosphere at BJ. That's about 30% high from what I have seen on similar cars and that's not counting buyer's fee, etc..
Oh, BTW, currently I am driving with the original L79 so the matching #'s comments are not lost on me.
Finally the original thread was matching #'s vs restomods and their prices. I realize that some actually "drive" their matching # cars to some degree but, for the most part, the majority are sunny day weekend cruisers. Don't get me wrong, there's nothing wrong with that. To each his own. My definition of driving is taking a number of 1000 mile trips, regardless of weather issues.
Whatever the definition of "driving" is, being in a classic C 1,2,or 3 Vette never gets old.
Instructor
Joined: Aug 2001
Posts: 145
Likes: 1
From: Crown Point IN
I think the biggest problem is the auction is too soon after the Arizona auction. This auction traditionally doesn't pull the numbers that the Arizona auction does - everybody has "shot their wad" so to speak.
