71 Cuda value Back on track....

[anlauto]

Very well said

[ragtopdodge]

Millenials/Gen-Y kids aren't even interested in getting their driver's license, much less into cars.

Gen-Xers (like myself) last generation to be interested in muslcecars.  As we gain more purchasing power and kids out of college, the market will still be prime for musclecars for another 20 years.

After that, forget it.  Nosedive.   

[dfrazz]

Millenials/Gen-Y kids aren't even interested in getting their driver's license, much less into cars.
Gen-Xers (like myself) last generation to be interested in muslcecars.  As we gain more purchasing power and kids out of college, the market will still be prime for musclecars for another 20 years.
After that, forget it.  Nosedive.   

Completely disagree with this entire statement.  All kids want their drivers license as it is independence and responsibility.  It is still cool to drive your buddies around in YOUR car.  And you are not the last gen to admire muscle cars, classics, or hot rods.  Just go to any car show and look at the people there, or the thumbs up when driving around.  All of these cars will remain an icon of America!   

[roadman5312]

Completely disagree with this entire statement.  All kids want their drivers license as it is independence and responsibility.  It is still cool to drive your buddies around in YOUR car.  And you are not the last gen to admire muscle cars, classics, or hot rods.  Just go to any car show and look at the people there, or the thumbs up when driving around.  All of these cars will remain an icon of America!   

                                                                                     X1

[4 speed fish]

Some kids do not get a driver license because the insurance is way to much.

[tommyg29]

One other related thing hit me today, after I drove my sons 2009 ram home from the dealer for a recall issue. My wife followed me home and told me she saw gray smoke blow out the back a couple times when I gunned it.
Then she says "can you fix that please? I dont want him going back to college with his truck not running right".
Well.....
I realized there is very little actual fixing to do with modern vehicles. Its mostly replacing what the computer tells you to.
So I told her "hun, it might be running rich, but aside from maybe replacing the plugs and checking the air filter, I dont know what else I could do, and I doubt thats the problem. Its not a six pack cuda!"
 
Then as you might have guessed, I got blamed for not caring about HIS truck. 

[71 Ragtop]

Millenials/Gen-Y kids aren't even interested in getting their driver's license, much less into cars.

Gen-Xers (like myself) last generation to be interested in muslcecars.  As we gain more purchasing power and kids out of college, the market will still be prime for musclecars for another 20 years.

After that, forget it.  Nosedive.

I have to agree with others who have disagreed.  When my son turned 16 last year, I wanted to get something we could work on (Not too complicated), something that had some character and a coolness factor, and probably a 6cyl so it wasn't too fast or too bad on gas.  E-bodies are hard to find and too pricey for immediate need.  So, I found a 66 Tempest, and now he is in love.  So my now 17 year old, and 10 and 7 year olds want to go to car shows every weekend in the summer.  There's still hope.

[rhamson]

As has always been the case, these cars typically have to be paid for with CASH, and when values of decent vintage cars approach the average annual salary, the market shrinks.
I bought a tribute car in 2009 pretty much right after the crash. I didnt buy it as an investment, but it has held its value and that alone is a good reason to own a tribute. It may not climb much in value, but it shouldnt drop in value like typical new cars do either.
Other than the occasional show, about the only contact I have with most people about my car is at the gas station once every month or two. It amazes me how many people ask how much I paid for it, or whats it worth. I always answer that with something like "probably a lot less than what youre driving". I guess they watch the TV auctions and car shows too, and assume all classic cars are big money.
I fully agree the classic car market has and will follow bull and bear real estate and stock markets, and it sounds logical that the 50s and 60s cars should be losing relative value because those guys are retiring, and the 70s cars will be next

I am resto modding a '72 Chally and the people that see it say that it will be worth a lot when I am finished. They ask me what I think it will be worth when I am done? I usually tell them the car is not original nor a tribute car or has any big time builder behind it so I say it will be worthless to them and priceless for me. It is my hobby and the only way I can get a car "I" like for the money I can afford. Flipping cars is an art and like flipping anything else like houses, antiques or anything else has to have an eye for the deal. My car is no deal for anyone but me.

[djais1801]

I am resto modding a '72 Chally and the people that see it say that it will be worth a lot when I am finished. They ask me what I think it will be worth when I am done? I usually tell them the car is not original nor a tribute car or has any big time builder behind it so I say it will be worthless to them and priceless for me. It is my hobby and the only way I can get a car "I" like for the money I can afford. Flipping cars is an art and like flipping anything else like houses, antiques or anything else has to have an eye for the deal. My car is no deal for anyone but me.

I eventually want to restomod my 73 also...would love to follow a build thread if you decide to start one.  I started flipping cars on the side of my other "two" jobs to generate some income.  I have been selling the daily drivers in the $3-$10k range, and have been netting a 30% profit so far.  I first 6 mos profit went to adding to the sale of my 71 RR Clone to pick up my 1st E Body.

[javakm70cuda]

Millenials/Gen-Y kids aren't even interested in getting their driver's license, much less into cars.

Gen-Xers (like myself) last generation to be interested in muslcecars.  As we gain more purchasing power and kids out of college, the market will still be prime for musclecars for another 20 years.

After that, forget it.  Nosedive.



I don't know guys. I work in the IT industry & I have more young people interested in what video game I played last weekend rather than what car I have. I worked in the boat industry before that & I was looked at as a fool wasting my money on old cars. In my personal experience I found more & more people looked at it as a negative rather than a positive. I stopped telling people about my old car because it felt pointless. They would look down upon my interest while the boat industry is the biggest money hog of all toys in my opinion.
Just my   

[anlauto]

I have a lot of friends my age that could care less about cars...I really don't think age plays a factor in the hobby.

[moparman82]

Millenials/Gen-Y kids aren't even interested in getting their driver's license, much less into cars.

Gen-Xers (like myself) last generation to be interested in muslcecars.  As we gain more purchasing power and kids out of college, the market will still be prime for musclecars for another 20 years.

After that, forget it.  Nosedive.

Ur out of your mind, I'm a gen-y, and not only am I into musclecars, but my entire class of guys are, there were more muscle cars in my high school parking lot than u can imagine.  Most gen y guys don't have muscle cars yet because it's an expensive hobby and most of us have young familys, but I assure you that gen-x will NOT be the last generation of muscle car lovers

[tommyg29]

I think ragtop is speaking from his anecdotal experience. Not sure where he lives but if you live in an urban area I think a lot of kids arent as interested in driving. I have witnessed a lot of that myself, but heck, I could be wrong. There are obviously a lot of kids who still treasure that first driver license. I just dont think its as universal as it used to be.
In the end though, whether these cars will still be desirable 10-30 years from now will depend on a LOT of things, including future events that are impossible to anticipate today, and it makes for great conversation. 

[Haddixj]

I'm 32 and have always had old cars, it started with a 67 chevelle that I still have, and has progressed over the years into E bodies, a 70, 71, and 73. I also have a 56 F100 and a 56 chevy bel air that my dad has given me. Also a 70 Duster tube chassis race car( this runs great). None of them are running/driving as I have 2 young kids 4/2 but I am always working on cars and stuff around the house. I think the majority of the problem is that kids are given video games and never shown anything that is truly fun. My son already can identify a Cuda in his hot wheels collection and I have been talking and showing him jr dragsters since he was 2. His sister and him have been driving a power wheels for years at this point, in the next few years I will pick up a jr and he will start racing it just like other kids play soccer or baseball. Hopefully he will be interested in cars as it is my only interest. Weather or not this translates into what the value of the cars will be in the future, I am not really concerned but I have bought and kept the 70 and 73 for them if they show an interest in them 

[moparman82]

I'm 32 and have always had old cars, it started with a 67 chevelle that I still have, and has progressed over the years into E bodies, a 70, 71, and 73. I also have a 56 F100 and a 56 chevy bel air that my dad has given me. Also a 70 Duster tube chassis race car( this runs great). None of them are running/driving as I have 2 young kids 4/2 but I am always working on cars and stuff around the house. I think the majority of the problem is that kids are given video games and never shown anything that is truly fun. My son already can identify a Cuda in his hot wheels collection and I have been talking and showing him jr dragsters since he was 2. His sister and him have been driving a power wheels for years at this point, in the next few years I will pick up a jr and he will start racing it just like other kids play soccer or baseball. Hopefully he will be interested in cars as it is my only interest. Weather or not this translates into what the value of the cars will be in the future, I am not really concerned but I have bought and kept the 70 and 73 for them if they show an interest in them

Sounds like we have a lot in common haha I'm 32 with a 2 and a 4 year old haha I've never had a chevelle tho