Car and Bike Talk Discussions and comparisons of cars and motorcycles of all makes and models.

Problem with Modern Cars Becoming Collectible

Thread Tools
 
Old Aug 27, 2017 | 04:30 PM
  #11  
darcyw's Avatar
15 Year Member
Photogenic
Photoriffic
 
Joined: Aug 2010
Posts: 4,377
Likes: 444
From: um, a house
Default

Originally Posted by TheDonEffect
I really don't see the 1le becoming collectible, but I do hope you're right since it's near the top for my next car purchase. What makes you think it will be?
My thought is interesting options- that most of the general public do not want, and only the real gear heads order- and there are not many of us- tend to command a premium down the road once they reach collectible status. Proportionally, there is a very small % of the overall production run with this option. Think about the rare option codes for corvettes and mustangs and camaros and Grand nationals/GNX's. Think about more modern collectibles like the integra- the TypeR option which commands a premium over the GS-R.

When will a modern car become collectible- its going to be at least 25-30 years down the road so you gotta keep the car for a very long time, and not drive it much. Think final gen supra turbo- its now a valuable collectible after nearly 25 yrs. The Nissan GTR (now 25 yrs old) is commanding higher prices than it did 15 yrs ago (we've been importing GTR's to Canada for 10 years for "cheap"). There will always be exceptions to the rule, but that is unpredictable.

5 things- rare option code, manual transmission, low miles, originality (no irreversible mods), not winter driven = the recipe for potential collectibility. Or not.

darcy
Reply
Old Aug 28, 2017 | 03:49 AM
  #12  
David1's Avatar
20 Year Member
 
Joined: Dec 2001
Posts: 4,115
Likes: 7
Default

25-30 years from now it won't matter. People will be using autonomous vehicles, the collector generation will be mostly deceased, new generation can care less about cars. Then the insurance companies will charge you a fortune for the right to actually "drive" you car.
Reply
Old Aug 28, 2017 | 06:52 AM
  #13  
ealand0001's Avatar
Thread Starter
 
Joined: Mar 2014
Posts: 703
Likes: 24
Default

Originally Posted by David1
25-30 years from now it won't matter. People will be using autonomous vehicles, the collector generation will be mostly deceased, new generation can care less about cars. Then the insurance companies will charge you a fortune for the right to actually "drive" you car.
ok, time traveler....I guess there is no reason to keep my viper then, time to fire sale it.

i think you guys underestimate the length of time cars spend in service in developing countries. They won't have autonomous cars as a majority for a long, long time.
Reply
Old Aug 28, 2017 | 06:59 AM
  #14  
TheDonEffect's Avatar
20 Year Member
Liked
Loved
Community Favorite
 
Joined: Apr 2006
Posts: 8,362
Likes: 636
Default

Originally Posted by darcyw
My thought is interesting options- that most of the general public do not want, and only the real gear heads order- and there are not many of us- tend to command a premium down the road once they reach collectible status. Proportionally, there is a very small % of the overall production run with this option. Think about the rare option codes for corvettes and mustangs and camaros and Grand nationals/GNX's. Think about more modern collectibles like the integra- the TypeR option which commands a premium over the GS-R.

When will a modern car become collectible- its going to be at least 25-30 years down the road so you gotta keep the car for a very long time, and not drive it much. Think final gen supra turbo- its now a valuable collectible after nearly 25 yrs. The Nissan GTR (now 25 yrs old) is commanding higher prices than it did 15 yrs ago (we've been importing GTR's to Canada for 10 years for "cheap"). There will always be exceptions to the rule, but that is unpredictable.

5 things- rare option code, manual transmission, low miles, originality (no irreversible mods), not winter driven = the recipe for potential collectibility. Or not.

darcy
I hear ya, and I generally agree, but all the models you mentioned usually came with the top of the line motor and were the king of the hill. The zl1 1le I can see, but the 1ss 1le I doubt. Like corvettes had z51, fe5, etc packages and while they made them a bit more collectible, it didn't make them as collectible as getting the big blocks for instance.
Reply
Old Aug 28, 2017 | 09:10 AM
  #15  
WolfpackS2k's Avatar
15 Year Member
Liked
Loved
Community Favorite
 
Joined: Dec 2008
Posts: 3,573
Likes: 332
From: Montana
Default

Porsche maintains parts availability for all their sports cars, and will, best I can tell, for as long as the company exists.

I believe Mercedes Benz does this as well. I'd expect more high end brands to start doing this in the near future as well (if they aren't already).
Reply
Old Aug 28, 2017 | 11:53 AM
  #16  
lane_viper's Avatar
Community Organizer
15 Year Member
Photogenic
 
Joined: Oct 2008
Posts: 1,702
Likes: 44
Default

Originally Posted by WolfpackS2k
Porsche maintains parts availability for all their sports cars, and will, best I can tell, for as long as the company exists.

I believe Mercedes Benz does this as well. I'd expect more high end brands to start doing this in the near future as well (if they aren't already).
You would think some of the big Detroit guys would do this too... Nope. C5 Corvettes are already being hit by this. Try and buy a ECBM (traction control/ABS module) or Steering wheel postion sensor for a 97-00 C5. Can't get them. Have to source used at $1500! The sucky part is there is no incentive from GM to even allow 3rd party vendors to produce the parts, as they own the patents and blueprints.

Bottom line is the owners suffer. I can't imagine what the current Vetts will be like 20 years from now.
Reply
Old Aug 28, 2017 | 01:50 PM
  #17  
white98ls's Avatar
 
Joined: Jan 2013
Posts: 1,137
Likes: 100
Default

Originally Posted by lane_viper
The sucky part is there is no incentive from GM to even allow 3rd party vendors to produce the parts, as they own the patents and blueprints.
Why don't they license the patent rights to 3rd parties? Free money.
Reply
Old Aug 28, 2017 | 06:04 PM
  #18  
darcyw's Avatar
15 Year Member
Photogenic
Photoriffic
 
Joined: Aug 2010
Posts: 4,377
Likes: 444
From: um, a house
Default

Originally Posted by David1
25-30 years from now it won't matter. People will be using autonomous vehicles, the collector generation will be mostly deceased, new generation can care less about cars. Then the insurance companies will charge you a fortune for the right to actually "drive" you car.
A contact of mine within the oem who built our cars said that the drive and driving enjoyment will still be a critical component of their future autonomous cars- right from the president of the company's mouth. They will be autonomous by 2030 apparently but that will be for boring driving times.

Collector cars will always be so- how many cars from the 50's, 60's, 70's+ are still plying our roads today? lots. They ain't going anywhere. Us enthusiasts have nothing to worry about. I am instilling in my kids a passion for cars and driving a manual transmission- likely the GTX will be Carter's DD in 2 years (he's 14 now).

darcy
​​​​​​​
Reply
Old Aug 29, 2017 | 11:55 AM
  #19  
mosesbotbol's Avatar
 
Joined: Dec 2001
Posts: 5,171
Likes: 121
From: Boston
Default

Originally Posted by darcyw
Collector cars will always be so- how many cars from the 50's, 60's, 70's+ are still plying our roads today? lots. They ain't going anywhere. Us enthusiasts have nothing to worry about. I am instilling in my kids a passion for cars and driving a manual transmission- likely the GTX will be Carter's DD in 2 years (he's 14 now).

darcy
What is a GTX?
Reply
Old Aug 29, 2017 | 12:00 PM
  #20  
JonBoy's Avatar
20 Year Member
Liked
Loved
Community Favorite
 
Joined: May 2002
Posts: 19,734
Likes: 247
Default

Plymouth GTX. My dad had one way back in the day (early 1970s).



There are multiple models - this is the type he had.
Reply



All times are GMT -8. The time now is 05:34 PM.