Which modern car can be collectible?
#21
Stuart,
I agree it's too broad, and I differentiate between collectible and investment when it comes to classic cars. Just because a car is classic or collectible doesn't necessarily mean it is going to appreciate in value anytime soon. The 2005-2006 Ford GT never depreciated from its original pricing and has continued to escalate ever since. The BMW Z8 did as well. I really think he was inquiring (in a roundabout way) as to whether his new Aston Rapide would be one of those that becomes collectible, and I would think not.
When I bought my '72 De Tomaso Pantera years ago, I wasn't thinking investment, I was thinking beauty, performance, Italian design. I consider it just pure luck that in the last year prices have doubled on nice cars and rust buckets projects as well. I'm not selling it, so what does it matter.
I agree it's too broad, and I differentiate between collectible and investment when it comes to classic cars. Just because a car is classic or collectible doesn't necessarily mean it is going to appreciate in value anytime soon. The 2005-2006 Ford GT never depreciated from its original pricing and has continued to escalate ever since. The BMW Z8 did as well. I really think he was inquiring (in a roundabout way) as to whether his new Aston Rapide would be one of those that becomes collectible, and I would think not.
When I bought my '72 De Tomaso Pantera years ago, I wasn't thinking investment, I was thinking beauty, performance, Italian design. I consider it just pure luck that in the last year prices have doubled on nice cars and rust buckets projects as well. I'm not selling it, so what does it matter.
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tberg (05-23-2016)
#22
#25
Way before that it was original Model As. When I first started participating in car shows in the mid-80s, there would always be at least 25 Model A's at the local monthly cruise nights accompanied by their owners, men in their 60s and 70s all wearing their club vests with commemorative patches. Today, we're lucky to have one or two Model A's show up and no club with vests or patches. Why? They're all dead now or in a nursing home. I imagine most of those restored Model A's are still out there somewhere, inherited by families who have little to no interest in their grandfather's hobby, probably sitting under a cover in a garage with boxes stacked on top of them. Some may have been chopped up into hot rods.
Such is the cycle for mass-produced cars. Youth-oriented cars in particular become collectible 25-35 years later. Adult-oriented cars take longer, more like 40-50 years as collectors have to first satisfy their nostalgia for youthful pursuits. After they've gotten the Corvette or Mustang, if they can afford to continue collecting (or knee replacement makes getting in and out and operating the clutch difficult), then they might go for that station wagon like the one their father drove on a family vacation when they were a child. Or, like me, after taking my Mustangs and Corvettes to car shows for years, I find myself more and more drooling over 1939 Chevrolets and Buicks, really an acquired taste, but definitely going to have to wait till I'm older.
If I had a big warehouse, I'd be stuffing it full of the all the cars I drooled over when I was in high school and college in the 80s. It wasn't the greatest decade for performance, but that doesn't really have anything to do with nostalgia and doesn't stop us from making modifications to bring them up to date. They can only go up in value from here. I was the exception, never stopped playing with cars, but most of my cohort has been doing the minivan thing the last 25-30 years. As soon as their kids move out, they'll be thinking about buying a toy car again and maybe it will be a new F-type or maybe it will be a vintage Porsche 928 like the magazine picture they tore out and taped to their teenage bedroom wall.
Last edited by pdupler; 05-23-2016 at 09:56 PM.
#27
If a person could do even a mediocre job of predicting which used cars to buy and when, then hang on to them till they reach peak value before selling, he'd be a billionaire.
I've yet to hear of even one person who did this.
The Corvette guys are still waiting for anything newer than the early 70's to appreciate up out of the basement.
I've yet to hear of even one person who did this.
The Corvette guys are still waiting for anything newer than the early 70's to appreciate up out of the basement.
#28
Not the Honda S2000 the Toyota. I've always liked Honda but my god they've fallen off the tracks with their designs over the last 15 years with both their cars and motorcycles. That new S2000 of theirs is only a conversation at this point and not my type of car, the early Toyota looked just like a Ferrari Daytona
#29
If a person could do even a mediocre job of predicting which used cars to buy and when, then hang on to them till they reach peak value before selling, he'd be a billionaire.
I've yet to hear of even one person who did this.
Jay Leno, Jerry Sienfeld, Otis Chandler to name a few. Jay Leno's McClaren F1 is worth $10+M. Years ago I visited the Otis Chandler auto museum and was completely blown away with only the part of his collection on display
The Corvette guys are still waiting for anything newer than the early 70's to appreciate up out of the basement.
Due to emissions, focus on mpg, and the fact that GM products during those times were absolutely garbage those won't go anywhere. Corvettes didn't come out of the cellar until the very late 80's - mid 90's and due to the number produced I doubt any of those will appreciate unless they were some special build or anniversary models.
I've yet to hear of even one person who did this.
Jay Leno, Jerry Sienfeld, Otis Chandler to name a few. Jay Leno's McClaren F1 is worth $10+M. Years ago I visited the Otis Chandler auto museum and was completely blown away with only the part of his collection on display
The Corvette guys are still waiting for anything newer than the early 70's to appreciate up out of the basement.
Due to emissions, focus on mpg, and the fact that GM products during those times were absolutely garbage those won't go anywhere. Corvettes didn't come out of the cellar until the very late 80's - mid 90's and due to the number produced I doubt any of those will appreciate unless they were some special build or anniversary models.
#30
#31
Truth is- A 510hp Jaguar XKR will be most desirable.
They simply dont make cars like this anymore nor will they in the future. Here on out car will be smaller in stance and HP will start going down.
But a combination of old world luxury, modern amenities, proper style and power, was a one time moment that happened accidentally in the XKR, like two rivers merging. It was a Guinea pig for all the parts that went into their Ftype. Which only checks 2 out of 3 boxes of Grace-Pace- Space, some would argue only one.
The Aj133 motor itself is being discontinued silently- the focus is on Ingenium diesels, most likely made in India at their new plant in Pune India.
Our car was born in the changing tides when Jaguar still had full access to the best engine plant in the world from their outgoing owners and the incoming owners from another culture had not yet pushed their agenda of creating employment in India, as they have every right to do so.
NOW, the risk to us is, when Jaguar becomes the VW of India, and it will, its the ONLY car company they own, and a very large market. All the millions of cars there now were all licensed from some other marquee. And far less prestigious marquees like Suzuki and fiat.
At such point, will Jaguar's perceived value be that of what VW has been historically?
They simply dont make cars like this anymore nor will they in the future. Here on out car will be smaller in stance and HP will start going down.
But a combination of old world luxury, modern amenities, proper style and power, was a one time moment that happened accidentally in the XKR, like two rivers merging. It was a Guinea pig for all the parts that went into their Ftype. Which only checks 2 out of 3 boxes of Grace-Pace- Space, some would argue only one.
The Aj133 motor itself is being discontinued silently- the focus is on Ingenium diesels, most likely made in India at their new plant in Pune India.
Our car was born in the changing tides when Jaguar still had full access to the best engine plant in the world from their outgoing owners and the incoming owners from another culture had not yet pushed their agenda of creating employment in India, as they have every right to do so.
NOW, the risk to us is, when Jaguar becomes the VW of India, and it will, its the ONLY car company they own, and a very large market. All the millions of cars there now were all licensed from some other marquee. And far less prestigious marquees like Suzuki and fiat.
At such point, will Jaguar's perceived value be that of what VW has been historically?
#32
But they didn't buy good/used when they were at the bottom of the depreciation curve and just sit on them waiting to appreciate. That was my point.
#37
Sad isnt it. To deprive life, even your own of sexy women driving purring cats.
If someone told me that I would only meet those women after death, I would tell them that's when I intend to repay my mortgage and car loans.
We have tried it their way, they dint look so hot pushing cars as the do driving a masculine supercar.
If someone told me that I would only meet those women after death, I would tell them that's when I intend to repay my mortgage and car loans.
We have tried it their way, they dint look so hot pushing cars as the do driving a masculine supercar.
#38
#39
#40
From my perspective, for whatever that is worth, there are three things that may inhibit the value appreciation of current vehicles.
Firstly, the electronics will be obsolete and obtaining spares to keep the control modules going may be a challenge.
Next, the move to 'autonomous vehicles', which is quite sinister in my opinion, may mean the current vehicles could be prevented from being operated on many roads, thereby relegating them to museum pieces.
Lastly, there may not be any qualified Technicians to work on these current vehicles decades on. The appeal of many of the vehicles from the early and mid-twentieth century, emotion aside, is their simplicity and ease of diagnosis and repair. The same cannot be said of most modern vehicles, even with OBD.
In addition, I believe we are approaching the end of the life cycle of the internal combustion engine, as was the case with steam during the last century. Like it or not, there are other forms of motive power coming along besides hybrids. Vehicles such as the Quant e-Sportlimousine may change the paradigm forever:
Firstly, the electronics will be obsolete and obtaining spares to keep the control modules going may be a challenge.
Next, the move to 'autonomous vehicles', which is quite sinister in my opinion, may mean the current vehicles could be prevented from being operated on many roads, thereby relegating them to museum pieces.
Lastly, there may not be any qualified Technicians to work on these current vehicles decades on. The appeal of many of the vehicles from the early and mid-twentieth century, emotion aside, is their simplicity and ease of diagnosis and repair. The same cannot be said of most modern vehicles, even with OBD.
In addition, I believe we are approaching the end of the life cycle of the internal combustion engine, as was the case with steam during the last century. Like it or not, there are other forms of motive power coming along besides hybrids. Vehicles such as the Quant e-Sportlimousine may change the paradigm forever: