I think where the "demographics" theory doesn't fit entirely... as in
Racer Bud's post... where teens are into old muscle cars... Is that in
some cases... it's not about reminiscing about the car people had in
their teens... it may very well be about the fond memories of WORKING on
collector cars with their dads.... or while hanging out at the garage of
a neighbor, friend's dad, relative etc, that worked on their car... On
top of that... If a young person gets hooked on the mechanics... nothing
beats the older cars...as they don't have to deal with all the modern
electronics, computers, smog equipment, etc.
That said, it sure seems to me like less and less people are tinkering
to the extent that we, as a society, have in the past.... so that
influence may start to fade also... Why hang out in the garage with dad
when you can play Nintendo?
The biggest "threat", it seems to me, to the value of some of these
cars, such as the 60's muscle cars... is cars like the Mustang... I
test drove a Mustang a few weeks back... and I have to say... it took me
back to a mustang I once owned... and my brother's Mach I.... It felt
very similar... even somewhat "tinny"... (not all solid and quiet
like some modern cars)... When I look at the price of 60's Mustang...
and one of these new ones... that certainly have the flair of the old
ones... (but certainly aren't the same...)... I have to say... I'm
tempted by the new car... rather than diving back into an old Mustang...
Of course, in my case... I figure I have old Triumphs to keep the
grease under my nails... so it would be easier for me to choose a modern
Mustang over an ol' classic, because I already have my hands full.
I've talked about selling my TR4A, now that I've acquired a TR2... but
if I can hang on to the TR4A, I will... I'm confident that it's a very
good investment... that I can actually drive... rather than just look
at in my portfolio.
--Justin
RACER BUD wrote:
>Exactly....most people in their 20's don't have a clue about triumphs...and
>I'm speaking of 'Car Guys'...however...The muscle car interest ..at least
>out here in Ca....seems to garner interest from those in their teens to
>their eighties...We must also remember that cars of the 60s were part of the
>most fantastic Auto racing era in history.....
>Racer Bud
>----- Original Message -----
>From: "Larry Young" <cartravel@pobox.com>
>To: <RustyTR4@aol.com>
>Cc: <fot@autox.team.net>
>Sent: Sunday, January 28, 2007 11:50 AM
>Subject: Re: [Fot] Triumph Values From A Retorers Point of View
>
>
>
>
>>There is also the demographics issue. Everyone wants a car like they
>>had in high school or what they wished they'd had in high school.
>>Someone made a study and the demand peaks about the time they get too
>>old to push the pedal down, then the prices decline, so 50 to 70 year
>>old cars are at their max. Look at the prices of the muscle cars or a
>>30's era Ford convertible. Model T's are much more affordable, because
>>most people that grew up with them are dead.
>>
>>RustyTR4@aol.com wrote:
>>
>>
>>
>>>List,
>>>
>>>but if you look closer it's the fact that the cars are drying up.
>>>
>>>Matt
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>>>
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