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SonofDonald

(2,050 posts)
5. I've been around Austin Healy's, Jaguars, sprint cars, many others
Wed Apr 5, 2023, 09:52 PM
Apr 2023

Since I was a child, my Father was an antique car restorer, show car judge and estimator of their value.

He passed ten years ago and taught me all about his hobby/business but in reality the future worth of these vehicles depends on availability of gas or another alternate fuel to run them, I’ve known for a few years now that throwing truckloads of money into a vintage or collector car isn’t a good idea these days.

Someday the internal combustion engine may actually become hard to feed if we can get enough people to agree to newer technology that’s not harming our planet just to travel to the store.

Someday the fact that you have a million dollar Ferrari in the garage just means you own a piece of metal that you can’t find fuel for and may actually become very expensive to drive, of course a million dollar car owner may be able to afford driving it but then public acceptance of your polluter on the streets may not be achievable.

I have two vintage cars, a 1929 Model A truck and a 1947 Ford sedan both fully restored, I’ve only put 150-200 miles on either in the last 15 years, it’s not worth converting them to electric or other tech as the Model A is essentially a piece of farm equipment and the sedan isn’t really worth throwing that much money at.

I also have two Mustang convertibles, a 1994 GT and a 1998 Cobra, I’m saving the money to convert the cobra to electric and ford even makes a kit to do so, I’d rather do that than buy a new car.

It’s hard to know what will happen in the future but my thought is that throwing tens of thousands of dollars at that special car you want to drive for the rest of your days isn’t realistic anymore, although I’m not an expert I’ve been around the hobby long enough to see the writing on the wall.

And it says someday that expensive collector car may just sit in the garage collecting dust because you didn’t sell it in time.

My thoughts are have fun with your muscle car/ vintage car/ family heirloom while you can as I will do but expecting them to hold their value for another two decades may not be reasonable.

I rather have a nice house, pay the grandkids college tuition and enjoy my life than miss the hint that the car in the garage is heading toward lawn art usage.

Recommendations

0 members have recommended this reply (displayed in chronological order):

How long did it take for leaded gas to disappear ? rickford66 Apr 2023 #1
I was going to say a lot will depend on the price of gas. Mr.Bill Apr 2023 #3
Aviation gas will always be available rickford66 Apr 2023 #4
I don't know how legal it is from state to state Mr.Bill Apr 2023 #6
Agreed. Pride of ownership and weekend driving only. brush Apr 2023 #7
Really it's that way already Mr.Bill Apr 2023 #9
You can still get leaded gas for race cars Best_man23 Jul 2023 #21
I believe sports cars & Muscle cars will rise in value. There's always going to be people who napi21 Apr 2023 #2
I've been around Austin Healy's, Jaguars, sprint cars, many others SonofDonald Apr 2023 #5
NOOOOOOO! Your last sentence is so depressing, but I get it as it's what I was fearing. brush Apr 2023 #8
I'm going to keep on enjoying mine SonofDonald Apr 2023 #13
Gas and ICE cars Metaphorical Apr 2023 #10
Thanks. I was having this discussion with a friend a couple... brush Apr 2023 #11
What you said about global peak of oil SonofDonald Apr 2023 #15
EV conversions have been around a long time Hermit-The-Prog Apr 2023 #12
Its going to take a long time for the classic car community to embrace EV conversions Best_man23 Jul 2023 #22
Only value we're concerned about is... OneBlueDotS-Carolina Apr 2023 #14
It will stay the same as today until emissions become the major issue hydrolastic Apr 2023 #16
I read a while ago Old Crank Jun 2023 #17
"""Buying a car for 'investment' purposes is a fools errand unless you can afford the tip top of the TeamProg Jul 2023 #18
You have to account for all costs Old Crank Jul 2023 #19
Hmmm, a few thoughts. TeamProg Jul 2023 #20
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