View Single Post
Old 04-28-2013, 03:11 AM   #107
linc400
 
linc400's Avatar
 
Drives: 2012 2LT 45th anniversary convert
Join Date: Apr 2012
Location: Chicago
Posts: 265
Way too many stupid assumptions here. First, high production and rarity actually have very little to do with value and collectability. A car is rare for one of 3 reasons.

1. Not many could afford it.

2. Production was purposely limited

3. No one wanted it.

Most rare cars are not from 1 & 2, but 3. And if no one wants them now, they still won't be worth anything. Some of the most collected postwar cars are '57 Chevys, Mustangs, Camaros, and Chevelles. These were all high production cars. And no, there are not very few remaining because they were all worn out and junked. There are still way more of them than anything else at a car show. What drives price up is demand, not rarity.

There are other factors as well. If the Gen 6 & 7 look better and have better performance than Gen 5, Gen 5's will be worth a lot less. If Gen 6 & 7 are ugly, lose performance, and are poorly received or never even made, Gen 5 values will level off and start going back up a lot sooner.

Car culture simply is not the same as it used to be either. Through the 1950's-1970's getting your first car was everything. Now that means very little to most younger people. They just drive mom's Prius and are fine with that, or some would rather just have mom drive them everywhere, and not have to bother getting a license, insurance, and paying for a car. Texting, blogging, cell phones, etc. are what they care about now. When collecting cars, many collectors collect the cars from their youth. When today's youth are looking to relive their youth 40 years from now, since cars never mattered that much to them, they might be reliving their youth looking for vintage iPads, not even cars at all.

About the only safe prediction would be to say that Gen 5's should drop in value until they are about 15-20 years old, and then start going back up. And they, along with Mustangs and Challengers, should be worth more and have more collector value than Hyundais, Toyotas, Hondas, and Tauruses from 2010-2015.
linc400 is offline   Reply With Quote