Sportin' Wood
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I've wanted to hear others' thoughts on this topic, and this thread raised the question for me again today.
https://www.riverdavesplace.com/forums/threads/1967-camaro-ss-rs.273186/#post-4904012
Great car BTW, I did not want to hijack the thread.
China Clap pricing aside, where do you see classic car pricing going in say the next ten years when the Boomers no longer can rub cars with a diaper and sit on lawn chairs in a park anymore?
I love classic cars, I believe they are like art and in many cases an investment you can enjoy. However, what keeps me from pulling the trigger is when I go to a car show, it is still a bunch of Boomers listening to Doo Whop. I don't see a lot of Gen Xers, I see almost no millennials and no Zoomers. Rat rods seemed to be an exception to this rule, but many of them are really poorly built. Booger welds and Tetnis shots.
Sure supply contributes to price, but what about demand?
FWIW It's the same crowd in Reno, for Hot August Nights, Havasu for Run to the Sun or the Duces, or even our annual Flathead Lake Montana car shows. Old dudes with cars restored in the 80s. Half the fun is building these things but finding something to build is like a needle in a haystack. Do these cars get another round of restoration, do they start to depreciate, or do they hockey stick in value because there are so few?
I really wish car show organizers would stop with the poodle skirts and greaser music and freshen up the model to attract a younger crowd.
What say you powerful and mighty RDP?
https://www.riverdavesplace.com/forums/threads/1967-camaro-ss-rs.273186/#post-4904012
Great car BTW, I did not want to hijack the thread.
China Clap pricing aside, where do you see classic car pricing going in say the next ten years when the Boomers no longer can rub cars with a diaper and sit on lawn chairs in a park anymore?
I love classic cars, I believe they are like art and in many cases an investment you can enjoy. However, what keeps me from pulling the trigger is when I go to a car show, it is still a bunch of Boomers listening to Doo Whop. I don't see a lot of Gen Xers, I see almost no millennials and no Zoomers. Rat rods seemed to be an exception to this rule, but many of them are really poorly built. Booger welds and Tetnis shots.
Sure supply contributes to price, but what about demand?
FWIW It's the same crowd in Reno, for Hot August Nights, Havasu for Run to the Sun or the Duces, or even our annual Flathead Lake Montana car shows. Old dudes with cars restored in the 80s. Half the fun is building these things but finding something to build is like a needle in a haystack. Do these cars get another round of restoration, do they start to depreciate, or do they hockey stick in value because there are so few?
I really wish car show organizers would stop with the poodle skirts and greaser music and freshen up the model to attract a younger crowd.
What say you powerful and mighty RDP?