Home › Forums › Financial Markets/Economics › Thrown a bone
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November 5, 2010 at 8:15 PM #627501November 5, 2010 at 11:17 PM #627540sd_mattParticipant
[quote=flu][quote=zk][quote=permabear] But will today’s 20 somethings give a crap about a 1960’s Camaro in 2050? Probably not, except for esoteric millionaires.
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I have a 1967 Firebird Convertible. I was driving it through the neighborhood the other day and some teenagers were standing around as I stopped at a stop sign. They said, “Is that a Gran Torino?”
For those who don’t know classic American muscle cars, those two are about as similar as a Fiat Spyder and a Mercedes S class. So, yes, probably today’s 20 somethings won’t give a crap about a ’60s Camaro in 2050. They won’t even know what it is.[/quote]
Not true. I think there will always be a market for unique, limited run classics. Just go checkout Barrett Jackson auctions…
Personally, I’m not into classics, because cars are meant to be driven…And a true classic in my hands would get trashed…I prefer limited production high performance vehicles that can be driven…Trying to locate a Ur Quattro as a project car myself…. Garage space is an issue though..However, I figure I’ll deal with it if I can ever find one in the U.S. to begin with.[/quote]
I guess I had best think of this very long term then.
November 5, 2010 at 11:17 PM #628303sd_mattParticipant[quote=flu][quote=zk][quote=permabear] But will today’s 20 somethings give a crap about a 1960’s Camaro in 2050? Probably not, except for esoteric millionaires.
[/quote]
I have a 1967 Firebird Convertible. I was driving it through the neighborhood the other day and some teenagers were standing around as I stopped at a stop sign. They said, “Is that a Gran Torino?”
For those who don’t know classic American muscle cars, those two are about as similar as a Fiat Spyder and a Mercedes S class. So, yes, probably today’s 20 somethings won’t give a crap about a ’60s Camaro in 2050. They won’t even know what it is.[/quote]
Not true. I think there will always be a market for unique, limited run classics. Just go checkout Barrett Jackson auctions…
Personally, I’m not into classics, because cars are meant to be driven…And a true classic in my hands would get trashed…I prefer limited production high performance vehicles that can be driven…Trying to locate a Ur Quattro as a project car myself…. Garage space is an issue though..However, I figure I’ll deal with it if I can ever find one in the U.S. to begin with.[/quote]
I guess I had best think of this very long term then.
November 5, 2010 at 11:17 PM #628177sd_mattParticipant[quote=flu][quote=zk][quote=permabear] But will today’s 20 somethings give a crap about a 1960’s Camaro in 2050? Probably not, except for esoteric millionaires.
[/quote]
I have a 1967 Firebird Convertible. I was driving it through the neighborhood the other day and some teenagers were standing around as I stopped at a stop sign. They said, “Is that a Gran Torino?”
For those who don’t know classic American muscle cars, those two are about as similar as a Fiat Spyder and a Mercedes S class. So, yes, probably today’s 20 somethings won’t give a crap about a ’60s Camaro in 2050. They won’t even know what it is.[/quote]
Not true. I think there will always be a market for unique, limited run classics. Just go checkout Barrett Jackson auctions…
Personally, I’m not into classics, because cars are meant to be driven…And a true classic in my hands would get trashed…I prefer limited production high performance vehicles that can be driven…Trying to locate a Ur Quattro as a project car myself…. Garage space is an issue though..However, I figure I’ll deal with it if I can ever find one in the U.S. to begin with.[/quote]
I guess I had best think of this very long term then.
November 5, 2010 at 11:17 PM #628616sd_mattParticipant[quote=flu][quote=zk][quote=permabear] But will today’s 20 somethings give a crap about a 1960’s Camaro in 2050? Probably not, except for esoteric millionaires.
[/quote]
I have a 1967 Firebird Convertible. I was driving it through the neighborhood the other day and some teenagers were standing around as I stopped at a stop sign. They said, “Is that a Gran Torino?”
For those who don’t know classic American muscle cars, those two are about as similar as a Fiat Spyder and a Mercedes S class. So, yes, probably today’s 20 somethings won’t give a crap about a ’60s Camaro in 2050. They won’t even know what it is.[/quote]
Not true. I think there will always be a market for unique, limited run classics. Just go checkout Barrett Jackson auctions…
Personally, I’m not into classics, because cars are meant to be driven…And a true classic in my hands would get trashed…I prefer limited production high performance vehicles that can be driven…Trying to locate a Ur Quattro as a project car myself…. Garage space is an issue though..However, I figure I’ll deal with it if I can ever find one in the U.S. to begin with.[/quote]
I guess I had best think of this very long term then.
November 5, 2010 at 11:17 PM #627618sd_mattParticipant[quote=flu][quote=zk][quote=permabear] But will today’s 20 somethings give a crap about a 1960’s Camaro in 2050? Probably not, except for esoteric millionaires.
[/quote]
I have a 1967 Firebird Convertible. I was driving it through the neighborhood the other day and some teenagers were standing around as I stopped at a stop sign. They said, “Is that a Gran Torino?”
For those who don’t know classic American muscle cars, those two are about as similar as a Fiat Spyder and a Mercedes S class. So, yes, probably today’s 20 somethings won’t give a crap about a ’60s Camaro in 2050. They won’t even know what it is.[/quote]
Not true. I think there will always be a market for unique, limited run classics. Just go checkout Barrett Jackson auctions…
Personally, I’m not into classics, because cars are meant to be driven…And a true classic in my hands would get trashed…I prefer limited production high performance vehicles that can be driven…Trying to locate a Ur Quattro as a project car myself…. Garage space is an issue though..However, I figure I’ll deal with it if I can ever find one in the U.S. to begin with.[/quote]
I guess I had best think of this very long term then.
November 5, 2010 at 11:20 PM #627623sd_mattParticipantBut really…I wouldn’t want to get rid of the car anyway. But I would like to have the option of taking a loan against it if I see a worthwhile opportunity in the future.
November 5, 2010 at 11:20 PM #628621sd_mattParticipantBut really…I wouldn’t want to get rid of the car anyway. But I would like to have the option of taking a loan against it if I see a worthwhile opportunity in the future.
November 5, 2010 at 11:20 PM #628308sd_mattParticipantBut really…I wouldn’t want to get rid of the car anyway. But I would like to have the option of taking a loan against it if I see a worthwhile opportunity in the future.
November 5, 2010 at 11:20 PM #628182sd_mattParticipantBut really…I wouldn’t want to get rid of the car anyway. But I would like to have the option of taking a loan against it if I see a worthwhile opportunity in the future.
November 5, 2010 at 11:20 PM #627545sd_mattParticipantBut really…I wouldn’t want to get rid of the car anyway. But I would like to have the option of taking a loan against it if I see a worthwhile opportunity in the future.
November 6, 2010 at 7:07 AM #628333zkParticipant[quote=flu]Not true. I think there will always be a market for unique, limited run classics. Just go checkout Barrett Jackson auctions…
[/quote]
Yeah, they sell like crazy and for crazy prices at BJ. But if the guys buying the classics at BJ are all in their 60’s and ’70s, then permabear’s point is made. They’re not going to be around forever, and who will show up at BJ to buy those classics when they’re gone?
Count all the pre-1970 American cars you see on the road in the next couple months. I’ll bet that 90 percent of them are driven by guys over 55. I noticed that after I bought my firebird. (I’m 49, but my dad had a ’67 firebird when I was a kid, so my nostalgia goes to an earlier age than most.)
November 6, 2010 at 7:07 AM #628207zkParticipant[quote=flu]Not true. I think there will always be a market for unique, limited run classics. Just go checkout Barrett Jackson auctions…
[/quote]
Yeah, they sell like crazy and for crazy prices at BJ. But if the guys buying the classics at BJ are all in their 60’s and ’70s, then permabear’s point is made. They’re not going to be around forever, and who will show up at BJ to buy those classics when they’re gone?
Count all the pre-1970 American cars you see on the road in the next couple months. I’ll bet that 90 percent of them are driven by guys over 55. I noticed that after I bought my firebird. (I’m 49, but my dad had a ’67 firebird when I was a kid, so my nostalgia goes to an earlier age than most.)
November 6, 2010 at 7:07 AM #627570zkParticipant[quote=flu]Not true. I think there will always be a market for unique, limited run classics. Just go checkout Barrett Jackson auctions…
[/quote]
Yeah, they sell like crazy and for crazy prices at BJ. But if the guys buying the classics at BJ are all in their 60’s and ’70s, then permabear’s point is made. They’re not going to be around forever, and who will show up at BJ to buy those classics when they’re gone?
Count all the pre-1970 American cars you see on the road in the next couple months. I’ll bet that 90 percent of them are driven by guys over 55. I noticed that after I bought my firebird. (I’m 49, but my dad had a ’67 firebird when I was a kid, so my nostalgia goes to an earlier age than most.)
November 6, 2010 at 7:07 AM #627647zkParticipant[quote=flu]Not true. I think there will always be a market for unique, limited run classics. Just go checkout Barrett Jackson auctions…
[/quote]
Yeah, they sell like crazy and for crazy prices at BJ. But if the guys buying the classics at BJ are all in their 60’s and ’70s, then permabear’s point is made. They’re not going to be around forever, and who will show up at BJ to buy those classics when they’re gone?
Count all the pre-1970 American cars you see on the road in the next couple months. I’ll bet that 90 percent of them are driven by guys over 55. I noticed that after I bought my firebird. (I’m 49, but my dad had a ’67 firebird when I was a kid, so my nostalgia goes to an earlier age than most.)
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