Inflation vs. Musclecar prices

[John]

Okay guys, There are alot of you that have been into musclecars for many many years. How do you think inflation affects Musclecar prices?

Here is a link to show Infaltion rates over the years....

http://www.usinflationcalculator.com/inflation/historical-inflation-rates/

Where do you think we are headed? <<GRAEMLIN_URL>>/flag.gif

[William]

Not at all a factor.

Collector cars are and have always been generational. '60s musclecars will fade just as Model Ts, early Ford V-8s, '50s Hudson Hornets did. Subsequent generations have other interests.

At some point supply will exceed demand.

[the427king]

Buying a car sure beats tying your money up for 1/2 years with a blistering half a percent interest in the bank .

[TDW]

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: the427king</div><div class="ubbcode-body">Buying a car sure beats tying your money up for 1/2 years with a blistering half a percent interest in the bank . </div></div>

Or having Wells Fargo lose a big chunk of it.

[Fast67VelleN2O]

I would rather drive my money around then watch it disappear in some wall street investment.

[Born30YrsLate]

Yup asset diversification...cars, guns and beer.

[Salvatore]

I think inflation helps increse the price of any collectible or any thing else I assume.

[69hurstSC]

Possibly the greatest statement ever.

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Fast67VelleN2O</div><div class="ubbcode-body">I would rather drive my money around then watch it disappear in some wall street investment. </div></div>

[scuncio]

Yes, ultimately inflation will push price levels higher, even for old cars. And with the dollar so cheap you will see more of them going overseas.

[Justbad Joe]

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Born30YrsLate</div><div class="ubbcode-body">Yup asset diversification...cars, guns and beer. </div></div>
Amen. What you got to trade? <<GRAEMLIN_URL>>/naughty.gif Don't try pawning that PBR stuff on me.
Joe

[ChevyThunder]

I always kept this article because the photo is of my 427/435 Corvette but it talks a bit about this but from USA Today 1986 or so... Car values and investing in cars instead of the stock market.Also interesting to see their hot picks for investing

http://img.photobucket.com/albums/v600/ChevyThunder/Family/Cars/th_scan0003.jpg (http://img.photobucket.com/albums/v600/ChevyThunder/Family/Cars/scan0003.jpg)

http://img.photobucket.com/albums/v600/ChevyThunder/Family/Cars/th_scan0004.jpg (http://img.photobucket.com/albums/v600/ChevyThunder/Family/Cars/scan0004.jpg)

[SS427]

The one big thing I have seen over the last several years is the high quality, no expense spared restorations are still holding their own. Not making huge profits when sold but at the very least breaking even.

On the flip side, all the 'auction cars' that were quote/unquote &quot;restored&quot; for the sole pupose of giving the owner the biggest bang for their buck are not bringing very good money at all. I have seen many cars over the last 5 years that were ruined in the interest of making the most profit across the block and now those owners are sitting on some cars that are worth nothing close to what they paid while the true collectors who had cars restored to perfection have at least not gone backwards and many are worth more than they invested. I have always said you get what you pay for and this has never been more true.

[RAIIIT/A]

True suvivor cars seem to be gaining in value.... even in this economy.

[Sportyworty]

I agree the reproduction restorations and amateur finished cars are very soft. A lot of people got into the game when you could harldly go wrong and are now stuck. The top cars are holding and the original unrestored examples are on the up swing. Also many tried on their first restoration and now understand and appreciate a quality restoration or true survivor having come up short on their projects finish quality.

[RAIIIT/A]

It makes you wonder how many nice survivor cars were ruined by &quot;restorers&quot;..

[1969l78]

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RAIIIT/A</div><div class="ubbcode-body">It makes you wonder how many nice survivor cars were ruined by &quot;restorers&quot;..</div></div>



I'm sure way to many!!!!!!

[Salvatore]

I believe the future of these average musclecars like the ones I own are to repair the sheetmetal, repaint, go over the drivetrain and do a real nice clean up under the hood and the floor boards. If the wiring is still working correctly and the interior is still pretty nice why rip these cars all apart? Takes away any originality or the neatnesss of owning a car 35-50 years old. It is getting to the point where I think it is time to start driving these cars on occasion. Why let them sit especially on days like we are having today? If a car does not need a frame off why do it? I have NO rattles in either of my cars. That matters to me.

[Born30YrsLate]

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Justbad Joe</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Born30YrsLate</div><div class="ubbcode-body">Yup asset diversification...cars, guns and beer. </div></div>
Amen. What you got to trade? <<GRAEMLIN_URL>>/naughty.gif Don't try pawning that PBR stuff on me.
Joe </div></div>

That means more for me <<GRAEMLIN_URL>>/beers.gif...but I got some other little nuggets tucked away <<GRAEMLIN_URL>>/naughty.gif