originally posted in:The Garage
That the classic car market is so ridiculously expensive to get into. Yes certain cars are cheaper and there are still affordable ways into this hobby but it's getting harder and harder every day to get into certain generations of various vehicles. Auctions like Barrett Jackson show this. What's even sadder to me is that these cars are restored beautifully and never driven except to shows(maybe). They're never truly enjoyed like they should be. They're are many enthusiasts out there I'm sure who want these cars and would enjoy them. Sadly prices will continue to rise and things like an Iroc Camaro may one day be a 60k car.
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I'd love to restore a 69' Shelby GT350, but that's a lot of money, and time that has to be put in to. And if I tried finding one already restored, it still going to be ungodly expensive.
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A big problem is collectors that oay stupid amounts of money for these cars that they wanted when they were kids. Then you have people like Gas Monkey that take a junker, spray clear coat over rust & call it "patina". No moron, you just sealed cancer into the body, great job, but hey, go ahead & add another $10k to the price. Certain cars will always be popular, but if you take a cool car & make it awesome, collectors will start clamoring for those & the price on the cars like the Mustangs, Chevelles & Chargers will come down. Then you can trade your sweet build for someone elses & maybe have them throw some cash on as well!
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You can buy an old beat up car and fix it up/customize it to your liking. Older cars are much easier to work on as well. It's not that expensive unless you want to buy someone's finished project.
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Moral of the story: Sell your portfolios, people! Invest in IROC Camaros, go, Go, GO!!!
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Edited by Zonda: 7/11/2017 3:59:07 AMConservative enthusiasts who see cars purely as an investment are a blight on the car scene to a far bigger extent than stancefags could ever be. I know of a guy with a mint FD RX7 with less than 30,000 km. He gets it serviced every 6 months and permits the garage a maximum of 5 startups each time. You can guarantee the second turbine hasn't seen any use this side of 2000, and probably needs replacing due to lack of use. I don't drive my R34 very often but at least it's still getting out and getting some love. My stepmother has a Torana (Aussie muscle car) that just sits in her garage for 2+ years at a time and it's a huge shame.
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If you're looking to buy a fully restored classic then yeah, prepare to empty the savings account. However there are ways to get started on a budget. Look for less popular bodies, opt for a 4 door Impala instead of the 2 door. I like seeing a car that I either have never seen before or rarely see. I can't even remember the last time I saw a Mustang II.
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Stupid thing to get into in the first place.
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Weird how these crappy old cars are becoming more expensive.
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I'm thinking nowadays only ppl who have classics are old or were born into classics era, others are ppl who were in taught about classics from friends and family, but me I'm into new age muscle now cuz this is our time now.
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Why would someone refurbish a car just to let it rust again? If I had a classic '69 Camaro, I would never drive anything else.
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The fact even chevy Nova's are getting expensive and that the "cheap" car. I wish I good get a classic car but I'll never be able to afford one.....until I'm a classic.
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Lol an iroc Camaro will never be "classic" or expensive, it's trash. [spoiler]but I get what you're saying[/spoiler] The reason certain cars are expensive is heritage, uniqueness, rarity, performance. You have to pay to play, and for the most part it's justified. I feel your pain as a car enthusiast there are many cars I'll never own because of the $. In all honesty there are a lot of new cars being made that I think are instant classics, and if you buy one, maybe one day you'll have a highly sought after classic car.
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Edited by Unicorn Goo: 7/9/2017 2:26:29 PMI agree. The only way for an average guy to get into it is to find a barn find and spend years restoring it. Living in the country I've noticed that there are alot of older cars just sitting out in fields or under awnings. All need work though. And all of these shows (gas monkey) are just driving the price up The same is happening with collecting guns. You have to search out the good deals otherwise you're looking at paying thousands for a collectable gun
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My favorites are the Alfa GTA and the Skyline 2000 GTR and they're both well over 6 figures. :(
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If only the aesthetics of these cars remained! (From the 50's-70's). If only there aesthetics were still there but had a super modern interior- and is mass produced! If only companies would start making them again! Cars now are ugly- too rounded- and all the same looking. Whereas before- not so much.
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Edited by Oak_Khan: 7/9/2017 3:46:19 AMRarity increases demand m8
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The market is the market my friend, nothing determines what it costs you besides what somebody else is willing to pay.
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That's how i feel about the hobby of shoe collections. Many people buy their jordans only to have them boxed up, never to see the light if day. I wear mine proudly showing off to everyone
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I wish i still had a couple of the cars i had growing up. An '84 and '86 TransAm a '74 Javlin and a '70 GTO Judge. Now i drive a crap suv. Where did i go so wrong
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Talimancers
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Your face. Sorry. Habit.
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Trailer queens mate.
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I never had a thing for cars. Sure, driving can be fun, unless you're in busy places. I don't care what kind of car I drive as long as it has an airconditioner system, heh.. I get hot very easily. And it needs to be normal at speed. I don't want no 40km limited shit brick. What I think would be great is to drive on these long ass empty roads in America. I want to do that one day.
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The 66 Thunderbird I posted on your other thread is the only car I own, it's driven daily and still runs like a champ! (Throttle issue fixed haha) My grandpa has a late 70's Tbird that he still drives, and my uncle has a mid 60's falcon that he drives when he isn't having to drive his truck. It is sad when these cars become collectors pieces and the prices skyrocket, but people shouldn't lose hope, there are great classics out there that are accessible if you do some research, dig through ads, and aren't afraid to put in the work!
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I got a 75 Monte Carlo and let me tell you, about 7,000 for the car, wasn't really driven, and it's basically falling apart. If it's cheap, it's falling apart and you need to pay a lot to get it fully restored. I've always wanted a VW westfalia but hippies did [b][i]NOT[/i][/b] take care of those things. I have found old vintage cars around here but they are either sold for $15k plus, or so broken it'll cost you $15k plus to restore it. I did have my sights on a 66 mustang but it has issues with the engine and they [i]still want $12,000 for it. Won't budge either.[/i]
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Well the classic cars are becoming antiques and when you couple that with supply and demand the price of them goes sky high. With many of these cars' prices going up it just might be cheaper to buy and restore a vintage motorcycle.