Where's the appreciation?
Team Owner
Joined: Jul 1999
Posts: 65,492
Likes: 230
From: Orange Park Florida
Same story in all these 'investment' threads......
30 years ago a friend had a '35 Ford Rumble seat convertible....V8 club resto king....car was perfect......sold it for less than he had IN it...by far....I was telling him to make a street rod out of it, he could have had about 50k for it, easy....but instead he got only 13k for the car.....
why?? all the old farts that remembered them as stock new cars are DEAD or outta the market one way or another, BUT the kids about age 40 at the time, recognized them for street rods, and would pay $$$$
SO, IMO, the modified Vettes will do the same thing.....
30 years ago a friend had a '35 Ford Rumble seat convertible....V8 club resto king....car was perfect......sold it for less than he had IN it...by far....I was telling him to make a street rod out of it, he could have had about 50k for it, easy....but instead he got only 13k for the car.....
why?? all the old farts that remembered them as stock new cars are DEAD or outta the market one way or another, BUT the kids about age 40 at the time, recognized them for street rods, and would pay $$$$
SO, IMO, the modified Vettes will do the same thing.....
Burning Brakes
Joined: Sep 2005
Posts: 769
Likes: 36
From: Goose Creek SC
I always assumed that the muscle car market would go dead soft during an economic downturn and die completely once the boomer generation passed through that age of maximum expendable income (which is happening). But I thought that the Corvette market was more of a niche market that would not be as susceptible to the economy and generational swings and would tend to be more stable. Now I'm not at all sure that is the case. However, after saying that, it really is not that important to me as I love the older Vettes and enjoy them for what they are even if they are not holding their own as an "investment". If I look at my interests in cars, guns and guitars over the years the later two have been far better from an investment perspective. However, that was never my concern to begin with.
