[quote=flu]Not true. I think there will always be a market for unique, limited run classics. Just go checkout Barrett Jackson auctions…
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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.)