Values
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2nd Gear
Joined: Oct 2018
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Values
Guys - help me out... are values for '63-'67 dropping? I am seing a lot of deals lately, on previously out of reach '66's and even some '67's... is this a "generational thing" with retirees liquidating? Trying to decide to wait to pull the trigger on one of these deals.
Burning Brakes
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2018 C2 of Year Finalist
We just went through a long discussion on this topic. Many opinions expressed from the quality of some advertised cars to aging owners, etc. Read the "Why are prices so flat?" thread. I had some of the same questions. You will find some well thoughtout opinions on this. However I do believe that the high end quality cars are still bringing strong prices.
Race Director
Joined: Jan 2003
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From: Central Arkansas
Unless you really know your way around old Corvettes and old vintage and Muscle Cars in general - better be careful of some of those "deals" out there. Most likely they are scams or wrecks that have been thrown together with a quickie paint job and called restored and probably aren't safe to drive.
Team Owner
Joined: Mar 2003
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From: Greenville, Indiana
Are you another one of the many Corvette bankers?
https://www.corvetteforum.com/forums...uable-car.html
https://www.corvetteforum.com/forums...uable-car.html
Melting Slicks
Joined: Dec 2017
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From: Michigan
2023 Restomod of the Year finalist
I noticed on Mecum Auctions classic cars from the 30's and 40's do not demand the money they used too in the past. Many prices have even dropped in value or remained stagnant throughout the years. One of the announcers mentioned the drivability factor and the mood of the buyers these day.
Let's hope the decline in value of classic cars does not drop for the cars in the 50's and 60's with the new driving generation.
Let's hope the decline in value of classic cars does not drop for the cars in the 50's and 60's with the new driving generation.
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Team Owner
Joined: Mar 2003
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From: Greenville, Indiana
Guys - help me out... are values for '63-'67 dropping? I am seing a lot of deals lately, on previously out of reach '66's and even some '67's... is this a "generational thing" with retirees liquidating? Trying to decide to wait to pull the trigger on one of these deals.
From a previous post of yours?Guys -
These 4 posts are not cheap! Add in a garage door raise, and permission from the wife and it costs you. Check this deal out:
northern tool dot com, "consumer credit card" (it's their branded MasterCard)
If you buy your 4 post at Northern Tool, use their credit card. 6 months free financing at 0%, NO INTEREST PENALTY if not paid in full by the end of your 6 months. Can't beat free money.
I needed a new door, tracks, opener. This made buying the 4 post a no brainer (Bendpak HD9). Good deal! Real deal.
Le Mans Master
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From: Lake Minnetonka, Mn
2018 C1 of Year Finalist
I noticed on Mecum Auctions classic cars from the 30's and 40's do not demand the money they used too in the past. Many prices have even dropped in value or remained stagnant throughout the years. One of the announcers mentioned the drivability factor and the mood of the buyers these day.
Let's hope the decline in value of classic cars does not drop for the cars in the 50's and 60's with the new driving generation.
Let's hope the decline in value of classic cars does not drop for the cars in the 50's and 60's with the new driving generation.
I think the 50s and 60s are alive and well. If I had to predict, I would say that cars like the '57 Olds with the J2 engine will command huge prices in the future. Some pretty dynamic designs in the 50s, mostly coming from GM.
Race Director
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If you have ever driven an original, pre-war car, you will understand why. They are barely cars..at least until about 1938 or so. A 1957 Chevy is light years ahead of a 1935 Chevy, and a 1957 Chev isn't much different than a 1979 Chev.
Doug
Doug
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Dan
Burning Brakes
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Not in 1979 it wasn't. In 79 a new GM B body was state of the art refinement in big cars while dropping 1,000 pounds and becoming smooth and as quiet as a church. It was lightyears ahead of a 57 Chevy. Yet I agree with you on the balance of your point, today the 79 and 57 Chevys are not much different.
Dan
Dan
Instructor
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Having just been around the country looking at 63 coupes only I can say that there is a big gulf between asking prices and sale prices. Except for the cars that are at the dealers I would say that most cars are selling about 15 to 20% less than asking.
Safety Car
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Pat
Burning Brakes
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From: Native Californian CALIFORNIA
Army
This is the big difference for sure when comparing 40's, 50's and early 60's cars to the later 60's.
Most of the early cars for a dependability and driveability standpoint do not make the grade.
I had a Model A for years, not much fun to drive as the speed and distance travel was limited.
Most of the early cars for a dependability and driveability standpoint do not make the grade.
I had a Model A for years, not much fun to drive as the speed and distance travel was limited.
Team Owner
Joined: Mar 2003
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From: Greenville, Indiana
The really old cars can still be a lot of fun if you drive them on roads that were built like really old roads, have light traffic like old roads as well as speed like old roads. If you're a "big city" type, best to drive a car built for the occasion.