Future of the classic car hobby may be unstable per experts?
If people only would open their eyes, they would realize this country is gonna crash and crash hard. The value of classic cars will fall into the basement.Not a pessimist, just a realist!
I agree completely with the crash and burn part. On the other hand, classic cars have now fallen into the same investment class as art, gold and silver. I was in gold for years, and one of the reasons I dove completely into the vintage Mopar thing is BECAUSE of the handwriting on the wall. Those with wealth will always look to protect it through tangible goods with recognized value.
It's happening right before our eyes! The middle class has been pretty much gutted...half our population is on some sort of assistance. Our banking system and government are both so completely corrupt that we've become the laughing stock of the civilized world! And at the very same time, the interest and value in our cars..and not just the High Performance ones, continues to climb. I'm paying $1000 for the same parts cars I was buying for $100 just 5 or 6 years ago, and I'm selling every last scrap!
From an investment standpoint, keep your eyes on the Chinese. Those folks are on top again...just like they've been many times over the last 12,000 years. This time around, they have discovered the automobile in a HUGE way and I will guarantee the classic, vintage American car is going to be right at the top of the NEED list of every high-roller, future Chinese car collector.
If things unfold the way they appear to be, and all of the logical and mathematical ends are met, the million dollar Slant Six 4 door Valiant is an absolute certainty...and it could happen much sooner than you think.