Quote:
Originally Posted by extrashaky
Cars typically do not see an increase in value that exceeds inflation until they're about 50 years old, and then only when they have had more money sunk into them to bring them back to showroom quality than they're worth.
The exception is rare performance models, which we don't have. Look at the difference in prices between a Sunbeam Tiger and a Sunbeam Alpine, a TR4a vs. a TR250, a stock Cutlass vs. a 442, a 401-powered Cherokee Chief vs. a Wagoneer. In 40 years a Dodge Magnum SRT might be worth quite a bit of money, and the Hellcats most certainly will.
If they made a factory run of 1000 V8 powered FR-Ss as a special edition, that would be the one to hold as an investment, as long as you planned to keep it 40 or 50 years to see your return and also planned to spend a fortune to either keep it in new condition or restore it when the time comes. The special editions we've had so far are just cosmetic and won't make that much difference.
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All so true. Add to that the fact that the collectable car market can be very fickle and dependent upon the nostalgia of older guys with disposable income and it gets even more unstable.
In the mid 90s the guys that wanted 60s Mustangs when they were young went on a buying spree. They were in such demand that even battered hulks were going for big bucks. To rake in this profits they were restored by the thousands. Only about 5 years later the guys that really wanted them had them and there were now so many on the market that the prices nose dived dramatically. Sure there are still some that are up there but like you said they are the low production specially editions and usually all original and hardly ever driven.
Restored or high mileage collectable cars will never hit high values no matter how well done unless they are something truely rare and special. The FRS no matter how popular will never ever be that rare or special.