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re: Classic car prices are getting ridiculous

Posted on 1/21/20 at 1:53 pm to
Posted by crazy4lsu
Member since May 2005
40038 posts
Posted on 1/21/20 at 1:53 pm to
A car my dad and I rebuilt is fetching upwards of 20,000, whereas when we bought it, we got it for 2k. It has indeed gone crazy, even for cheap European cars from the 70s and 80s.
Posted by Kingpenm3
Xanadu
Member since Aug 2011
9977 posts
Posted on 1/21/20 at 1:55 pm to
quote:

Classic car prices are getting ridiculous



Just follow the stock market, then multiply the changes (up or down) by 10, and that is how classic car prices move.

Posted by bad93ex
Walnut Cove
Member since Sep 2018
36761 posts
Posted on 1/21/20 at 1:57 pm to
quote:

I know a guy that drags stuff from Arizona to WI. About 4 years ago he had a 71 K5 6 cyliner 4 speed that needed a complete resto that he wanted 8k for.

At least it wasn't rusted out, which is the big thing up here.


Everything is affected by rust up in WI, I remember looking at some older A-body chargers that appeared to be rust free only to find a ton of bondo underneath.
Posted by Tiger in Texas
Houston, Texas
Member since Sep 2004
22262 posts
Posted on 1/21/20 at 8:40 pm to
I still have nightmares about all the exotic and muscle cars I passed up on in the 80's for 10-30k that are now well over 100k!!! The car market has just become insane- even cars I could have had 10 years ago for 20's are now in the 60k range. What's even more crazy is these nuts at auction that overpay on cars that affects the market!!
Posted by achenator
Member since Oct 2014
3333 posts
Posted on 1/21/20 at 9:01 pm to
quote:

A 240z isn't what he is looking for. The next surge in classic car values is occurring in 80s & 90s Japanese cars.

Been thinking about a z32 300zx. Gotta be a TT 6spd T-top all original car though.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 1/21/20 at 9:04 pm to
quote:

Everything is affected by rust up in WI, I remember looking at some older A-body chargers that appeared to be rust free only to find a ton of bondo underneath.




Yep. Southern cars, and surprisingly those from Montana as they didn't use salt, are in high demand here.

Hell, there are guys that go to Texas and bring back trailer loads of pickup boxes to resell up here. We're talking newer trucks, not classics. 10 year old trucks are rusting over the wheelwells.
Posted by danilo
Member since Nov 2008
26331 posts
Posted on 1/21/20 at 9:18 pm to
Find a cheaper hobby?
Posted by Athis
I AM Charlie Kirk....
Member since Aug 2016
16913 posts
Posted on 1/21/20 at 9:27 pm to
Check out the patchwork bench seat...Nice.
Posted by zippyputt
Member since Jul 2005
7255 posts
Posted on 1/21/20 at 9:36 pm to
TV shows and internet.
Posted by WhitewaterDawg
Tennessee
Member since Aug 2011
7233 posts
Posted on 1/21/20 at 9:37 pm to
I have a 1980 Corvette that i paid too much for and have already sank 6000 K into that I will never get back. I love the loud arse growl and smell of gasoline. If I have had a bad week the first sunny day l’ll take it for a ride and all is right in the world. Now I’m that guy, trying to hold on to muscles and hair and driving the car I drooled over as a kid.
This post was edited on 1/21/20 at 9:38 pm
Posted by HubbaBubba
North of DFW, TX
Member since Oct 2010
52644 posts
Posted on 1/21/20 at 9:40 pm to
depends on what you are looking for. Lots of pony cars out there with hundreds of parts sources available on the 'net.
Posted by alajones
Huntsvegas
Member since Oct 2005
35972 posts
Posted on 1/21/20 at 9:46 pm to
Are Mustangs just not your thing? Cuz they are all over Facebook marketplace for less than 10. Probably because they were the most popular car at the time.

None of them will be without rust though. They are 50 years old after all, and we aren’t in Arizona.

I wasn’t a mechanic either until I started working on mine. Stuff like suspension, brakes and interior stuff is actually pretty easy.

Body work and chasing engine gremlins forced me to call a real mechanic though. Carburetors suck.
Posted by Martini
Near Athens
Member since Mar 2005
49696 posts
Posted on 1/21/20 at 11:10 pm to
quote:

Thanks boomers. Prices will be dirt cheap when they start dying...



Well if they didn’t design them and build them in the first place you wouldn’t have anything to bitch about.
Posted by yatesdog38
in your head rent free
Member since Sep 2013
12737 posts
Posted on 1/21/20 at 11:11 pm to
Okay boomer.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 1/21/20 at 11:18 pm to
quote:

Are Mustangs just not your thing? Cuz they are all over Facebook marketplace for less than 10.


Mid 60's Mustangs are cheap for classic cars.

Wish 1st gen Camaro's were as well. One of those will bring thousands for a pile of rust and no drivetrain.
Posted by stelly1025
Lafayette
Member since May 2012
10385 posts
Posted on 1/22/20 at 6:19 am to
Posted by Bread Orgeron
Baw Bakery
Member since Aug 2006
11879 posts
Posted on 1/22/20 at 7:08 am to
As others have mentioned, a lot depends on make/model. I’ve learned to just keep looking and be patient. A lot of times I’ll watch a listing start off high, then I’ll keep watching and it’ll drop after a couple of weeks, then drop some more a week or two later, etc.

I emailed one guy about a truck and he wasn’t budging on the price. I emailed him again a month or two later, he still wasn’t budging, so I gave up on that.... but then he emailed me out of the blue about 6 months later and he was just ready to get rid of it by that point. So being patient and being the squeaky wheel sort of helped me in that case.
Posted by deltaland
Member since Mar 2011
103881 posts
Posted on 1/22/20 at 7:42 am to
quote:

The guy said he doesn't have the ability to fix rust issues & believes $5000 to do so is high.


Actually rust/body issues aren’t the problem. Lack of any drivetrain is. I’m not paying that much for something with no engine or transmission. I can’t do transmission work. I can rebuild or get running an engine that doesn’t run great or run at all as long as its there but don’t have the ability to install a whole new one
Posted by jnethe1
Pearland
Member since Dec 2012
18164 posts
Posted on 1/22/20 at 7:45 am to
quote:

Just purchase a Tesla Truck like the rest of us.



Gross
Posted by tes fou
Member since Feb 2014
1009 posts
Posted on 1/22/20 at 3:47 pm to
quote:

Been thinking about a z32 300zx. Gotta be a TT 6spd T-top all original car though.


My first car was a turbo 300zx, good luck finding one now some teenager didn't mod to death 20 years ago. I've seen a handful but they were priced so high you'd be better off just going and buying a brand new supra or GT350/Hellcat.
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