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Old 24-06-2015, 12:41 AM   #28
Barni
Starter Motor
 
Join Date: Jun 2015
Posts: 20
Default Re: Classic/collectable/sought after cars to put away now.

[QUOTE=Express;5422704]I’ve been around cars all my life and I do believe it’s easy to over estimate how many people are truly interested in owning a classic which is very different to admiring them.
But more importantly the number of people prepared to pay big money is much, much less.


Damn it...you sound like my mate joe...and I agree with you. Is your name joe?


Most car enthusiasts are not collectors as such, they are into cars and tend to pay modest prices and in many cases less than a new car to have a weekender in their garages.


What about buying at the time prices have levelled off, then selling for slightly more when they rise, doesn't have to rise more than what the car was worth. Just enough to be a descent return.

Some are lucky to have had a car around for years that turns into a red hot desirable and some find a piece of junk and bring it back to life.
How many of the classics from the Ford, Holden and Chrysler stables are worth more than a new performance car?
Not many and I think a lot of people lose sight of that fact and get blinded by the prices of a few like the Phase 3, Cobra, E49, 350 GTS, XU1 & A9X.
Really the market here is too small, just an honest observation.


Again I agree with the market being small. But why are cars demanding more for certain cars already, such as all early 911's. Why can't the same process formula be applied.


Another thing is in 30 years most people searching for a real classic won’t care that much if it has 10km or 100,000km on the clock so why not get out and drive them.

Again agreed if it's a real classic. If it's a sought after car they will care.

To take what XR6 Martin said a little further, collect and stockpile unique parts for performance models.
A panel beater friend of mine did that back in the ‘70s and ‘80s and made a killing out of it until his stocks ran dry.

Yes great idea.


Express if you are a politician, I'd vote for you.
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