Good article talking about why the price for classic muscle cars are sky rocketing! lol
http://www.msnbc.msn.com/id/14869071/site/newsweek/
http://www.msnbc.msn.com/id/14869071/site/newsweek/
It's all the baby boomers fault
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chepsk8
Founding Member
I blame it squarely on Barrett-Jackson and Morons with stupid money who think they can buy coolness & prestige just by buying the cars they liked when they were young. This combination has driven the price way out of reach of the real enthusiasts.
I have seen some really absurd sales on B-J. One of the extremes - the POS 'Cuda convertible from the TV show. The car was a RAT, but the guy's wife had to have it, no matter the cost. It was sickening watching it.
I have seen some really absurd sales on B-J. One of the extremes - the POS 'Cuda convertible from the TV show. The car was a RAT, but the guy's wife had to have it, no matter the cost. It was sickening watching it.
'66 coupe
Founding Member
WTF?!!
Eh, I've watched those guys on blowing their money on tv. They're all old, and will be dead soon, so the cars will be all ours!
Look at hotrods. They appealed to the older generation, and now they hardly get any attention.The cars getting premium prices are mostly #'s matching cars. I'm 21 and wasn't around when these cars were new, so I don't care if classic cars are clones, or 318 cars with 440 crates in them. If my T-code Mustang still has the looks of a classic car, but can outperform any of the #'s matching stockers for less $$$, then that's enough to keep me happy.
BDT 1967
Member
Cobra5.0Jeep
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The market is strong right now for muscle cars. Everything gets hot and then cools back off. I bought a fastback a year ago to the day. It needs work, but it is a great project. It is already worth 2K more than what i paid for it. I bought it to keep until they bury me in it, but if it goes up in value while i have it.... well then it was a good buy as well as fun.
Personally, I like the fact that these and other cars are getting the attention they deserve. We have seen it in the euro cars for years and they were so overpriced that it was insane. But now, the hot cars are american made muscle cars. A hemi cuda for over 100K. A 67 Shelby for 350K. The list goes on and folks, THAT IS AWESOME!!!
As far as it being out of reach, it is in some cases. You can still buy a decent coupe for under 10K and under 2K if it is rough. Fastbacks and convertibles are higher, but that is simply because they are in more demand and ford made less of them. However, i still see restorable fastbacks sell for less than 2K on ebay every week. Some of them are rough, but they are restorable.
The market will sort itself out. Just ask the guy who bought the t-bucket 20 years ago for a hefty chunk of change...
Personally, I like the fact that these and other cars are getting the attention they deserve. We have seen it in the euro cars for years and they were so overpriced that it was insane. But now, the hot cars are american made muscle cars. A hemi cuda for over 100K. A 67 Shelby for 350K. The list goes on and folks, THAT IS AWESOME!!!
As far as it being out of reach, it is in some cases. You can still buy a decent coupe for under 10K and under 2K if it is rough. Fastbacks and convertibles are higher, but that is simply because they are in more demand and ford made less of them. However, i still see restorable fastbacks sell for less than 2K on ebay every week. Some of them are rough, but they are restorable.
The market will sort itself out. Just ask the guy who bought the t-bucket 20 years ago for a hefty chunk of change...
