mopowers
Well-Known Member
If you're into hotrods for the money, you're in it for the wrong reason IMO
truth be told i lost money on every car ive ever owned.
We all love muscle cars/streetrods/ mopars, fords, chevys and all the rest. But the world is changing...and starting to leave us in the dust. When will it happen...who knows ? But chevy has made an electric camaro, dodge is working to electrifty the challenger. Like it or not , i's coming.
I'm not preaching doom and gloom. But just wondering how long before our 60's-70's performance cars loose there value ?
Who will want to buy the average muscle car when affordable gas is had to find or buy ?
I'm not talking about rare perfect mopars...but the cars that most of us own right now.
I have a 1933 DeSoto 3 window coupe with a 426 hemi. And have not driven it for some time. I think about selling it all the time...But I built everything. Frame/engine.trans.I built the complete car. I do not sell it because I still like the car. But I do not have plans to do the things it needs to make it a better car.
I look at it like cash in the bank...someday, when and if I sell it. Sell it to soon..for less money. Wait to long (hopefully a long time from now) and you may not be able to give an old internal combustion engine away.
At what point do you sell ? How long before the electric car crash...I'm sure a lot of you think that I'm crazy...But the day will come, when nobody would even call about the mopar that's in your garage...unless you've converted over to electric power.
Trust me I hope I'm long gone before things get that bad. But the world is changing. And it's not going to wait for us. There's an old saying "adapt - or die "
Does anyone else wonder how long before the bottom falls out for the values of our muscle cars ?
OK let me have all the smack talk. But if your honest with yourself, you know that the day will come when you think to yourself...damn, I should have sold my car about 5 years ago, when the prices were the highest that they ever were.
I look at it this way,..... As more and more cars become hybrid or electric, there will be less demand for gas and gas prices will come down. Might be in denial, but I don't think gas is going away in what's left of our lives. I'm going to continue to enjoy mine as long as I can, and don't care what they are worth.
I agreeWell said Frnknsteen,I also agree with most all of the posts. The old car market will always be a peak and valley roll-a-coaster.What's hot and what's not.Case in point= My brother owned a 1970 LS-6 Chevelle that when new was about $4000.He had the car for 40+ years,never did anything with it but let it sit in the garage.He would say he just like knowing that he has one.Over the years he was offered much,and even "name you price."When he died it still sat in the garage.Yes I put it up for sale to get as much as I could for my sister-in law.About 2 years ago the car sold for $90k and after sitting for the 40+ years needed completely restored.
Just last week LS-6 Chevelles crossed the auction block completely restored for $55-$75K.Perfect example of the peaks and valleys of the old car market.The guy that bought it had hopes of flipping it to make money.He may or may not have to wait a long time to see that come about..Just another story of right place right time ? Or not.View attachment 1715282772
Trust me I hope I'm long gone before things get that bad. But the world is changing. And it's not going to wait for us. There's an old saying "adapt - or die "
Bottom has not dropped out but is mighty soggy in spots.
I'll let my daughters worry about that. It'll be their car when I'm gone. Lol
Pat