Future of the classic car hobby may be unstable per experts?

The demographic a market appeals to is the driver of all trends, booms and busts. After all the 'market' is really just the collective of buyers and sellers within it.

I have an appreciation and respect for cars of the 30's through the 50's, and yet (as I was born in '62) I have absolutely zero interest in acquiring one at any reasonable price. The muscle cars of the 60's are already being overshadowed in terms of performance and most certainly handling and comfort by modern performance cars. Heck my 06 Trailblazer SS I tow my race car with will run high 13's and is certainly faster than a stock 69 road runner 383 car.

So what is left as we project 5, 10 or even 25 years out? A 426 Hemi will still be respected, but only in terms of how it reigned 'in its time", as did the flathead V8 in the 40's and the Buick Grand national in the 80's. Nostalgia and unique styling primarily, that's already why a 68 charger will bring more than another comparable B body, it has a timeless and iconic style that personifies a period in time....and always will. Just like a 32 ford or a 57 Chevy, it speaks for a generation ( not necessarily better, just more universally recognized) as representative of a period in time.

Collectors buy and hold, speculators buy and flip but only stay in as long as the 'trend' is hot... the market is driven by the collective sum of how many of each type are in it at any given time. And all collectors will, sadly but eventually age out, for want of a nicer way to say it. When that happens the market will shrink and interest will concentrate primarily on mainly the Icons and the market value of the others will slowly contract.

My .02 only