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Originally Posted by LTb1ow
The question thats been on my mind lately and its semi related to this topic is this..
Back say in the 60s, did people buy brand new muscle cars in order to save them for collector item status? Or did the sudden collector car status happen once they were not made for a while and numbers dwindled? Back in the day, muscle cars were not astonishingly expensive nor did they come with the latest gizmo, the appeal and money attachment came later no?
To me, it seems that the 5th gen is being bought up by some in a dream that it will appreciate in value the same way 60s muscle cars did. Same could be said about limited run 4th gen cars, and vettes.
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I doubt that they will.
In the 60s these were just cars. Sure there were car collectors but nowhere NEAR like the way things are now. Many cars were crushed, especially during the gas crisis era. Original ZL1s and Superbirds (which people lust after now) sold very poorly and typically only moved off of the lot after deep discounts.
Nowadays you have people mothballing cars for the future. Look at all of us as an example- how many have a toy car and a daily? That just wasn't the case back then.
If anything will make a difference it will be when baby boomers start to pass away and these cars hit the market to a group of people that did not grow up with them. Tough to say how that will play out, but I'm guessing things may stay pretty much the same. There are plenty of guys out there who want but can't afford rare 60's stuff now.
The big question on my mind is what will happen to the "Hot Rod" culture. I think that's already heading south.