I think the distinction between "car" and "collector car" is relevant here. One is a virtual necessity, the other is among the most frivolous of luxury items. As inflation takes its bite out of everyone's disposable income, the dollars left over for luxury items will diminish, and the market for collector cars will drop.
I think a lot of the current asking prices on collector cars are heavily influenced by the crack pipe.
1988RedT2 said:
I think the distinction between "car" and "collector car" is relevant here. One is a virtual necessity, the other is among the most frivolous of luxury items.
My "collector cars" are a replacement for psychiatrist visits. The hour or two a night I spend in the shop is my therapy.
Erich
UberDork
10/31/22 4:03 p.m.
I've never been able to justify buying a classic car, as prices went insane when I got a little "disposable" income to play with. I'm hopeful that prices will come back down to earth, although I'm not holding my breath.
In reply to Erich :
With prices the way they are, I think it is likely if I ever get around to buying something from the 60s, it'll be a four door, just to keep the price sane.
In reply to docwyte :
I kind of hope to test this theory with my Integra LS, the "type aRgh"
It's sadly easier for me to put $10k into a $300 integra than to pay $25k for an R
759NRNG
PowerDork
11/1/22 5:58 p.m.
So check this out ......I'm not so sure everything is on the up and up...
2005 Bentley Arnage T #2601760 | Hemmings
eastsideTim said:
In reply to Erich :
With prices the way they are, I think it is likely if I ever get around to buying something from the 60s, it'll be a four door, just to keep the price sane.
I for one am ready to embrace 4 doors. And long bed trucks.
ddavidv
UltimaDork
11/2/22 6:39 a.m.
Long bed by itself won't get you affordable. You have to combine that with 3/4 or 1 ton capacity.
Deals still exist. You just have to be in the network, and be ready to pounce. He paid how much for a '66 Mustang V8 coupe?
I'm actively shopping for a Miata. Na or nb and under $10k. To say that prices are all over the map would be an understatement. I'm having a hard time convincing myself that this is the right time to buy, but I can afford to pay for a car now and see the value decline in 6 months. I cannot afford to spend a couple extra grand in 6 months for essentially the same car, if that makes sense.
With that said, I'm looking at two cars tommow with a pocket full of cash.
docwyte
PowerDork
11/2/22 10:35 a.m.
In reply to David S. Wallens :
I'm just not interested in driving a right hand drive car.
docwyte
PowerDork
11/2/22 10:37 a.m.
In reply to David S. Wallens :
Oh definitely. If you're hoping to maintain value and also want the cache of the factory, real Type R, there's no substitute