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12-30-2009, 01:39 AM | #1 | |
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Future Collector Cars? Who Will It Be?
For cars manufactured post January 1st 2000 ...
What makes and models will become classic? |
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12-30-2009, 09:26 AM | #2 | |
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Re: Future Collector Cars? Who Will It Be?
Okay, lets assume all the high-end performance cars, Ferrari, Lambos, Corvettes, Aston Martins, Vipers etc. are always going to be collectable.
The new Pontiac GTO comes to mind..... a great performance car, great name, sold in limited quantities, by a now-dead division. It's got collectability written all over it. The V8-powered Pontiac Bonnevilles may be as well, for similar reasons. Not as collectable as a GTO, but they are quite rare. Also, any Dodge SRT model, Neon SRT-4, Charger and Challenger SRT-8, and, I guess the SRT-10 truck. BTW, here is Jay Leno's thoughts on this subject. For such an esteemed collector, Jay is mostly out-to-lunch on this subject, imo. http://www.sablogzone.com/carzone/?p=2262 |
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12-30-2009, 10:11 PM | #3 | |
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Re: Future Collector Cars? Who Will It Be?
I remember very clearly standing in a GM store showroom looking at a yellow 2002 Firebird 35th anniversary edition saying to myself this is a limited edition in a fair price range affordable for an investment down the line to put on ice, but hell at my age, 25 - 30 years from now to cash in big I will be a happy camper to just be around, so I passed,,, lol.
I agree with the statement made by Magic Rat that many high end performers are always going to be collectable, but with a light pocket book one of my choices of this era would have been the 2002 Firebird. Allow me to reminisce about my past a little, in 1967 I bought from the the vice president of Coca Cola his 1965 Jaguar XKE 4.2 Conv for huge money then " LOL " $6000. my wife got pregnant, and with no back seat to speak of I traded for a Beetle, to this day I get upset as these units will fetch over $100,000 in mint condition.
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12-30-2009, 10:39 PM | #4 | ||
Nothing scares me anymore
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Re: Future Collector Cars? Who Will It Be?
Quote:
Imo, don't feel so bad about the Jag. It really has not appreciated faster than many other investments, such as treasury bills. My financial calculator says $6k, invested in 1967 at 6% compounded annually ( a reasonable money market figure, averaged out for the past 4 decades) would yield $69,392 today Now, given that after 42 years, your Jag would likely be less than mint, (hey, you would drive it, right?) a $69k sale price is realistic. Yes, I know, you can't exactly drive a T-bill, but you don't have to pay to insure one, either. |
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12-31-2009, 12:43 AM | #5 | |
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Re: Future Collector Cars? Who Will It Be?
I honestly can't remember about the transaction getting cash back going into the Beetle around 1970, I know at the time it was considered very sporty but the word future classic was never at play at the time.
However, your post I consider excellent, makes me feel lot's better when I look at your angle about investment along with thinking cost of upkeep that would have occured through the years. Hey, you mentioned Insurance " funny " I found last year in old files an Insurance bill for the Jag,,, " ready " $69. for the year,,,lol
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01-04-2010, 08:17 AM | #6 | |
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Re: Future Collector Cars? Who Will It Be?
Simple, there won't be any. Everything is plastic bits and very few in our future-minded society will have the concern to maintain their cars to the point of being a 'classic' in 20-30 years. Personally, I think the classics will always be the 1940's-1970's cars..
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01-04-2010, 10:37 AM | #7 | |
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Re: Future Collector Cars? Who Will It Be?
In an age of mass produced cars I can't think of many that can easily be called a classic.
Proper limited production versions of cars will have a collector's market but this isn't strictly the same as what we call classics today. The only car I can easily think of that I can see being regarded as a proper future classic is a series one Lotus Elise. Most other things I can see being desirable are prestige/limited models of whatever car. Alfa Romeo GTA cars Audi S/RS cars BMW M cars Ford Focus MK1 RS Ford Puma ST160 Fiat Coupe 20v Turbo Plus Honda DC2 Type-R (especially the UK car with the round head-lights); not sure about the other Type-Rs though. Maybe the EK9 Civic Type R because of it's shared historic point as beign the first. I can see NSX's getting more recognition, especially if Honda re-introduce the line. Mazda MX-5s are already considered a modern classic. I think the Nissan Z cars will always have a following. Same for any GT-R (or GTi-R) Renault Clio Williams are considered classics. Renaultsport cars have been proving themselves to be the best hot hatches available with each successive model and I can't see the V6 cars being anything other than a future classic. Subaru Imreza WRX STis will always have a following so the special models (RB5, 22b, P1 etc) will be more desirable. I reckon the Smart Roadster/Coupe pair will see classic status. The Toyota Supra will always have a following. TVRs are already considered classics. Anything else?
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