PPPFFFFFTTTTT LOL
He better hope some billionaire grey haired guy wants it bad enough.
The younger generations can go buy a brand new vette that will blow the doors off basically anything from the era with an msrp of about 65k. Personally I wouldn't buy one but I am not 30 years old.
That means you need to find a like minded individual that a vintage auto is their dream car, or you have to sell it at a price that entices people away from new stuff.
OR
You have to have a
really collectible car. Maybe this number one cuda is one of those. I doubt it though. But there are people with more money then they can spend in their remaining lifetime soooo......
I recall when the asian guy bought a 57 chevy in the 90's for half a million dollars and suddenly EVERY 57 chevy was worth at least 100k. You can buy one now for under 20k. Might not be mint but it will be nice. The crowd that cared about them is thinning. They are back to neat old car status.
People were paying 100k up to 150k for a Chevelle up till recently. They made 315,000 of those just in 1970. This is not a collectible car. It is a nostalgia driven price and when the nostalgia crowd is gone the youngsters aren't going to really care about a 1 of 55,000 remaining examples. Last time I went to Iola there was 39 Chevelle.
The current market of muscle cars is a mix of people buying sort of affordable priced cars because they always wanted one and someone else is actually realistic, and the "collectors" that keep trading their "investments" back and forth like stocks. Just like stocks, it only keeps it's value if you can keep selling it, otherwise it crashes! I wonder if the guy i used to work with that paid $400 for a drivers door trim piece at a swap 24 years ago for his "I am building a 57 out of mostly parts as i find them, then i will retire!" regrets his collection of parts now? Just like stocks, whoever is at the end holding the bag gets to eat the crash.
