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Old 04-30-2024, 08:48 AM
mgarblik mgarblik is offline
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Join Date: Mar 2005
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The very best of the best muscle cars and sporty cars will always retain value. These are the kinds of cars that are in museums, or very rarely driven. Cars too nice to have any fun with. The very low production models, weird, special; options, will also retain value. It's the cars that many, many owners "think and believe fall into the above category" that will drop in value like a rock in the next 10 years. Cars that are clearly a 2- to 4 on the typical auction scale. The owners are sure they are a 1 to 1- car because they saw one "just like it" sell on TV at the Barret Jackson auction for 125K but in reality their car is a 45K example. Sooooo many cars fall into that category but you can at least drive them and have fun with them now. Like mentioned, just look at the 55-57 Chevies. I have a good friend who bought a visually beautiful 57 Bel Air convertible 10 years ago for 140K. V-8, extremely attractive two tone red/white/black. Not a nut and bolt exact restoration though. Had a newer SBC engine and some tasteful upgrades. It went to auction about 2 months ago and just stalled at 80K. That was top dollar and the top bid. He sold it at a 60K loss. I see lots of that on the way as more and more of us age out. The kids have limited interest in the hoard of these cars still out there. It interferes with their screen time on their phones.

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