Went to Kumeu show this year and wandering around the paddock the most people standing around one car were around a Triumph herald convertable.
thejazzpianoma,
Jun 14, 4:56am
Veteran's are not necessarily slow, hang, the likes of an American LaFrance are good for a terrifying 150KM/h. A 6 Cylinder overhead valve Buick is a bit more plentiful and while not as fast will move along with the traffic well. Brakes do tend to leave a bit to be desired though.
singing1,
Jun 14, 5:06am
It does seem though that we like the cars our heroes drove or the old man drove. In the 70's there was a lot of guys picking on 30's fords and the like but ask your son or daughter and see if they would want one.or even the cars you have in the garage now.
singing1,
Jun 14, 5:14am
Kazbanz.I don't see them at any of the car runs though. Mostly just grey haired old buggers wandering around.
trogedon,
Jun 14, 5:21am
Yep, not even with pedals.
richms,
Jun 14, 6:40am
With all the blackbox type crap going into new cars, and random failures making lights come on that need diag equipement connected like airbags and SRS and ABS etc, I think that old cars that are sound will always hold a value, and it will get greater as there are less of them.
Add to that the 40 year cheap regos, and that 40 year old cars now are starting to be quite usable cars, and yeah, looking a better deal.
mgmad,
Jun 14, 1:19pm
That's mainly due to the fact it's only those over 50 that can afford these cars. Certainly in our club that is the case - even MGBs and Midgets are now fetching serious money. Certainly the pre-war cars at our events draw the biggest crowd from all generations, even when parked next to the modern V8s etc.
vjregal770,
Jun 14, 4:25pm
Well said, that man!
+1
lovemore_mbigi,
Jun 14, 4:51pm
I very much doubt it.Classic and vintage cars are strictly within the 50-plus demographic.Which weirdo aged 35 would be remotely interested in a 1928 Mousepasty 6 Light Tourer or a 1962 Vauxard 105!
Under 50's classic car owners are mostly muscle car enthusiasts.
thejazzpianoma,
Jun 14, 4:59pm
Potentially yes but not with that price tag. If you are going to build one build it properly. What you have described sounds like those horrible abominations the Japanese make for their domestic market (the "miniature" MK2 Jags etc).
This has been done fairly nicely in a way with the MG RV8 and even in a way with the Morgan. although they never really stopped.
You might achieve a little bit of commercial success with such a vehicle but for that price tag its really only going to be a cheap trick. It would be much more satisfying (and long lived) if it was done properly. By properly I don't mean a facsimilie of the original, still up date the mechanical s but make it a proper sports car true to the and not some Daewoo in a party dress.
The bar has been set quite high with factory "retro rides" such as the Mini and Fiat 500, you could go with a more "authentic" grass roots feel but again that takes money.
woki,
Jun 14, 7:06pm
When the fuel runs out the only cars that will be of use will be the old ones with Carbys and kettering ignition. You are never going to see an injected honda running on wood gas !
richardmayes,
Jun 14, 7:20pm
I think the price of a lot of 50s, 60s & 70s classics is in for a big readjustment once the baby boomers get too old to drive and there starts to be a real absence of anyone who sees the value in these cars.
There are only so many people of the younger generation who are going to really really want an MGB GT (for example), especially when you consider what you can buy from the late 1990s or early 2000s for the same money.
I am 37 and I love old cars specially those from the 1950s to 1980s.My first car (and I still own it today) is my 1960 Vauxhall Victor that I have owned since I was 14.I find it fun to get in my older cars (also have a1965 HA Viva and 1982 Mitsubishi Sigma)and go for a drive specially out in the countryside.Its a kind of fun I dont get from my everyday1997 Honda Accord.Yes the Honda I can jump into and do a day trip to Napier and back with no sore back and ringing ears but with the older cars its good to get on a backroad and just cruize and look at the countryside.
tuttyclan,
Jun 14, 8:07pm
With older cars you dont get that annoying road noise because you cant hear the road above the engine noise lol.
muzza3,
Jun 14, 8:20pm
My son 16 has purchase with no interest orpressure on my part, he found it all by himself a 76 MGBGT. Paid $5000 for own cash so may the young ones will be interested .Also only a few years from cheap rego.His sister has an 60s Zephyr.Driving the Mg is great fun , but care needs to put in to find someone to repair ii, Ie anyone with Grey hair.
skittles93,
Jun 14, 8:23pm
I personally feel the trend is shifting to the younger generations. Most of my friends are into and buying and restoring old classics! They have all moved away from the sKiD LyFe haha
stelladoro,
Jun 14, 9:14pm
wow, this is sooo interesting to read, Im 43, just bought an older 70's Porsche, at the same dollars to buy a ford Laser s/w (Which is what my practical needs demanded!) In the past I've driven old escorts, unzooped! morris crabsx 2, I raced my 1981 528 beemer at Taupo, was one of the highlights of my life- with the Triumph club.Oh, I've owned a 2,5 TC on LPG. I've also had a couple of simple jap cars, a couple of ford s/w, but for comfort, I remember my decrepit Peugot 504 that blew up on me in Dannevirke.I love older cars- that you can see what you are dealing with, or my mechanic can :-)
woody1946,
Jun 14, 10:03pm
So we see the 35-45 year olds coming into the thread saying how they have 60s Vauxhalls andMgBs, 70s Porsches etc which just answers the original question (quote) 'I get the feeling that the arse is going to drop out of the vintage car price. When you look at who these sort of vehicles are attracting are they really going to be worth anything in a few years!'
They are not interested in vintage which are cars made before 1930
I for one have even moved away from vintages and have a MK2 Jag. so I can travel with the modern traffic at 100-110 kph. Driving a vintage at 60-70 Kph on the open road is bloody stessfull
stelladoro,
Jun 14, 10:11pm
oops, sorry! you are correct.I am mixing up classic and vintage. The reason why.I have to join the VINTAGE car clubto get cheaper/or any! insurance. You are correct in my case.I am too young to be wanting a pre 1930's car.still into "speed", but who knows, I may one day!
vjregal770,
Jun 14, 10:13pm
I definitely fit the age bracket there at 37.
I wouldn't say I have no interest in vintage and veteran cars though - I love 'em! Favourites from that era include Auburn 825 S/C Speedster (that would rank #1), Bugatti Royale, any Packard, Duesenberg or Cadillac. They're just a tad out of my price range though. :-)
But I know what you're saying, and it's pretty true. Baby-boomers have sent the price of muscle cars into the next universe and they see anything made after 1971 as "too new" (fair enough I suppose) or gutless (they seem to believe a cat-con and a slight drop in C/R takes 250hp out the motor).
Most guys under 30 are more into the import scene. So me with my 1975 Caddy is stuck in a kind of no-man's land. Too old for the imports, too young to remember the '50s and '60s.
Which is great as it has kept the price of a good one manageable. For now.
michael.benn,
Jun 14, 11:17pm
I'm 18, and my dream is to one day own a four door 1967 Chevy Impala.
Either that, or an old Corvette.
Classic cars will always have a place. Nothing beats a classic.
flat_white_ltd,
Jun 14, 11:19pm
.Love that sort of talk 'onya !
woody1946,
Jun 14, 11:46pm
Interesting to see the different age groups on here and what they regard as 'old' cars I am probably one of the older ones at 65 (don't feel old) and for me I call old cars something built between about 1920 and 1940. Would be interesting to hear other age groups say what they think of as old
rob_man,
Jun 15, 12:13am
I'm a little younger than that and I tend to think of any car with overhead valves and independent front suspension as a modern car.
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