Automobile Enthusiasts

Old Crank

(5,166 posts)

19. You have to account for all costs

Sun Jul 30, 2023, 04:50 AM

Jul 2023

The cars you mentioned are at close to what the article that I read will plateau. Olny the pristine will increase much in value. They cost a lot to keep maintained at above showroom condition. Drivers are nicer to have, and you get to use them, but are worth a lot less. I doubt that the market for the cars you mentioned is strong in the sub 30 year-old set. I remember the cars you have. Nice cars for their day, but I am 70+. Our numbers are in decline.

There are more costs than yearly maintenance. Storage and insurance count also. Storage expenses for ownership vary based on do you need to rent space, your own garage, did you build it for the purpose. Your time. Yearly inflation takes a cut.

Buy one that you will enjoy driving and can afford to maintain. Just don't buy for the hopes of a huge profit.

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Any auto buffs have thoughts about what will happen to the value of collector IC cars... [View all] brush Apr 2023 OP

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