Sad. But our old cars are going to mean nothing.

[Daytona Guy]

I hate to admit this, but in 30 years there will only be a few people left, and the collections will all be up for action or sold to people at a very low price. My Dad is 84, has Alzheimer's, we had to get rid of his collection of 50"s and 60's cars, and they were only worth half of their value of just 15 years ago. I watch the auctions and beautiful cars from the 50"s are rolling through at half of what it cost to build them. I don't think the Muscle cars are going to disappear, and they will be the last hold outs of all the collector cars. There will be a peak and then it will fall off - and level out lower. It's the facts of the market - supply and demand - and the demand will be limited to a very few 30 years from now. Anyone ever look at the cost of a Model T? - dirt.  

My HEMI Daytona clone 30 years from now will most likely be worth 30-40K; I will be 85. Most of those on this board will be dead. You will have a few MOPAR lovers that will have a feast on all the cars available.

Dane

[alfaitalia]

.....well that cheered me up!

[ACUDANUT]

 Sell Now ?

[Kern Dog]

I don't give a corny turd what my car is worth to anyone else. I like it. I drive it and I'm keeping it.
I see it like rising Real Estate values: The number only means something IF you are selling.

[Mike DC]

  
The demand for 2nd-gens is gonna last a few more decades.  Vin Diesel has helped assure that.

Prices will drop because younger generations simply don't have as much money.  Property tax data says baby boomers own 80% of the asset wealth in the USA.  

[70 sublime]

 
The demand for 2nd-gens is gonna last a few more decades.  Vin Diesel has helped assure that.

Prices will drop because younger generations simply don't have as much money.  Property tax data says baby boomers own 80% of the asset wealth in the USA.  

Yes but once the baby boomer old farts die off they will be leaving a bunch of cash to the next generation to find something to spend it on
The ball will keep rolling along

[Mike DC]

           

Yes but once the baby boomer old farts die off they will be leaving a bunch of cash to the next generation to find something to spend it on
The ball will keep rolling along

Yeah but the boomers' wealth is mostly in the property values rather than cash money.  The values will drop when a lot of that generation is dying off at the same time and their stuff floods the market.

I say 'values' in the sense of real values.  The cash dollar figures on these assets may never fall very low, but that's just inflation. 

[Challenger340]

           

Yes but once the baby boomer old farts die off they will be leaving a bunch of cash to the next generation to find something to spend it on
The ball will keep rolling along

Yeah but the boomers' wealth is mostly in the property values rather than cash money.  The values will drop when a lot of that generation is dying off at the same time and their stuff floods the market.

I say 'values' in the sense of real values.  The cash dollar figures on these assets may never fall very low, but that's just inflation. 

And I think real Inflation is going to be the problem for many wishing to acquire these old Cars in future ?, versus, the current propaganda that inflation is low.   
Just my opinion here,
but from what I'm seeing here in Canada, wages are falling behind dramatically compared to costs of living ? And personal DEBT levels for the average Canadian have grown substantially over the last 10 years !

I agree many boomers are asset rich with limited cash, but lots of boomers also downsize real estate as they get older, and cash positions can grow substantially as a result.

[RECHRGD]

           

Yes but once the baby boomer old farts die off they will be leaving a bunch of cash to the next generation to find something to spend it on
The ball will keep rolling along

Yeah but the boomers' wealth is mostly in the property values rather than cash money.  The values will drop when a lot of that generation is dying off at the same time and their stuff floods the market.

I say 'values' in the sense of real values.  The cash dollar figures on these assets may never fall very low, but that's just inflation. 

I'm one of those "old fart boomers".  Even though we're (the wife and I) in good financial health and invested in both real estate and different funds, I see the dollar shrinking more every day.  If our income from those investments drops below what's needed and we start to live off of the principle, then it will vaporize pretty quick.  The system is set up that way.  Assisted living establishments and any elder care will suck you dry in nothing flat.  Unless we drop dead tomorrow, the kids will be in for a rude awakening when we pass......  No classic Chargers in their budgets.

[Mike DC]

   

I'm one of those "old fart boomers".  Even though we're (the wife and I) in good financial health and invested in both real estate and different funds, I see the dollar shrinking more every day.  If our income from those investments drops below what's needed and we start to live off of the principle, then it will vaporize pretty quick.  The system is set up that way.  Assisted living establishments and any elder care will suck you dry in nothing flat.  Unless we drop dead tomorrow, the kids will be in for a rude awakening when we pass......  No classic Chargers in their budgets.

Younger generations are the last ones who would be rudely awakened.  They have grown up in this bad economy.  They have never known anything else.   

[RECHRGD]

   

I'm one of those "old fart boomers".  Even though we're (the wife and I) in good financial health and invested in both real estate and different funds, I see the dollar shrinking more every day.  If our income from those investments drops below what's needed and we start to live off of the principle, then it will vaporize pretty quick.  The system is set up that way.  Assisted living establishments and any elder care will suck you dry in nothing flat.  Unless we drop dead tomorrow, the kids will be in for a rude awakening when we pass......  No classic Chargers in their budgets.

Younger generations are the last ones who would be rudely awakened.  They have grown up in this bad economy.  They have never known anything else.   

If they've lived their life's with little concern of financial responsibility thinking that once Mom and Dad are gone they'll be set, then yes, they'll be rudely awakened........

[Mike DC]

  

If they've lived their life's with little concern of financial responsibility thinking that once Mom and Dad are gone they'll be set, then yes, they'll be rudely awakened........

Okay I see what you are saying.  


But it's a helluva lot more common for young people to be the opposite these days.  In a permanent state of worry about their future.  Painfully aware that they are falling way short of their parents.

[ACUDANUT]

   

I'm one of those "old fart boomers".  Even though we're (the wife and I) in good financial health and invested in both real estate and different funds, I see the dollar shrinking more every day.  If our income from those investments drops below what's needed and we start to live off of the principle, then it will vaporize pretty quick.  The system is set up that way.  Assisted living establishments and any elder care will suck you dry in nothing flat.  Unless we drop dead tomorrow, the kids will be in for a rude awakening when we pass......  No classic Chargers in their budgets.

Younger generations are the last ones who would be rudely awakened.  ...

Lets face it. Our kids have a way better life and money than most of us, when we were their age.

"They have grown up in this bad economy.  They have never known anything else"  I totally disagree.

[fizz]

My  40 years ago, working on our cars was necessary to keep them running and we made it fun. Swapping engines or installing headers, intakes, cams, was something we did on Friday night/Saturday morning so we could go cruising/street racing on Saturday night. If you had a fast car, you were cool. 30 years ago, when I had a small shop and the projects were a little bigger or sophisticated, my buddies would come over and drink beer and help. Now, it just seems far less people are interested. Maybe because what would make it as a cool car then (quickie paint job, stock engine with a few speed goodies, ) doesn't cut it now so much and a hotrod/muscle car has gotten a lot more expensive, requiring a bigger commitment. Used to be able to pull an engine and overhaul it in a weekend. Late model cars are to complex for me to work on. And they run forever with only rudementery maintenance, so the necessity of having to work on them has decreased. As far as the young people go now, I think we are screwing them over. We demand too much for rent/property prices, expect to pay far less for our services to support a decent pay level for them. Maybe, wages might have doubled in 40 years, but housing, transportation, health care and school loans have far exceeded that. Stupid labor laws that keep young people out of the work force prior to 18 makes them pretty much unemployable for a decent wage out of high school, and the proliferation and acceptance of drugs make it even worse. Around my neck of the woods, potential 20 something workers, maybe 1 in 5 can pass a drug test. And allowing unscrupulous (YES ALLOWING) employers to hire government subsidized illegall workers keeps the wages down. Yes, we screwed the younger generation for our benefit.

[ACUDANUT]

'Yes, we screwed the younger generation for our benefit"
What benefit is that ?  We (50 plus age and older) inherited a deficit of billions of dollars owed to other countries that "WE" the taxpayers had no say in the matter.  We may not be able to ever to get our 5% (of our 35 % paid in all of our lives working.. taxes back, that we paid into our social security)....... Not when we give Illegals all of our hard earned money to them, who have not contributed anything.  There go's our economy.  
So no, have not screwed the younger generation for our benefit

[Ponch ®]

'Yes, we screwed the younger generation for our benefit"
What benefit is that ?  We (50 plus age and older) inherited a deficit of billions of dollars owed to other countries that "WE" the taxpayers had no say in the matter.  We may not be able to ever to get our 5% (of our 35 % paid in all of our lives working)... taxes back, that we paid into our social security....... Not when give Illegals all of our hard earned money to them, who have not contributed anything.  There go's our economy. 

I didnt realize you were so oppressed.

[ACUDANUT]

Ponch, Ain't nothing free in this world.  That is all I am saying.

[Mike DC]

 
Just throwing this in for some balance -  

Illegals using fake SSNs are contributing to payroll taxes.  Some of it is always being withheld at the employers' end even if the illegals don't ever file taxes.  They pay in during their career, and are not eligible to withdraw any of it upon retiring.  Some illegals even voluntarily file taxes, hoping that building a record of paying taxes will help in their quest for citizenship.

Steven Goss (chief actuary of the Social Security admin):  "We estimate that earnings by unauthorized immigrants result in a net positive effect on Social Security financial status generally."  



Are illegals good for the country as a whole?  
I didn't say that.

IMO it's probably a mixed bag.  Pros and cons.  
I do think we've allowed the situation to get stupid in the last 40 years.  Not enough border control, not enough deporting the worst criminal illegals, not enough punishing the people/businesses that profit off illegals. 

[alfaitalia]

I know you cant really compare as you have a MUCH bogger country to Police.....but the authorities here are now super hot on illegals due to it being such a political hot potato here at the moment. Im not saying we don't have any but it's less by the day and its far less tempting for employers to take the risk or employing them as the fines are now massive if you get caught!!



....on another topic....one of my best friends from school is an illegal in your great state of Texas....he went on a farm workers exchange in about 1985 ish....and never came back! He now has a "real" SSN |(don't know how)and loves it out there. His only problem is that now his passport has expired he has not been back to the UK in ages....too scared he will be picked up at the airport and not allowed back in....lol! Im guessing one white British farmer working hard for a living and (now at least) paying his US taxes is not the sort of illegal most in this thread haves issues with!!! Will go and visit him one day.....maybe tie it in with a Carlisle Mopar Show trip....something I really want to see. 

[Mytur Binsdirti]

[Ponch ®]

Just throwing this in for some balance -  

Illegals using fake SSNs are contributing to payroll taxes.  Some of it is always being withheld at the employers' end even if the illegals don't ever file taxes.  They pay in during their career, and are not eligible to withdraw any of it upon retiring.  Some illegals even voluntarily file taxes, hoping that building a record of paying taxes will help in their quest for citizenship.

Steven Goss (chief actuary of the Social Security admin):  "We estimate that earnings by unauthorized immigrants result in a net positive effect on Social Security financial status generally."  



Are illegals good for the country as a whole?  
I didn't say that.

IMO it's probably a mixed bag.  Pros and cons.  
I do think we've allowed the situation to get stupid in the last 40 years.  Not enough border control, not enough deporting the worst criminal illegals, not enough punishing the people/businesses that profit off illegals.  

Also, every time they buy something, they don't say "wait...I'm an illegal...I don't have to pay the sales tax".  And if we want to talk about people who don't pay taxes, we can go all the way to combed-over top...

Crime? Sure, there's criminals. But then again, home bred good ol' boys have killed more Americans in the last two weeks than the illegal caravan....

haha. it's always easier to blame and demonize someone else rather than look inwards as to why you're in your current situation. Social Security? Sure as hell ain't happening for my generation, but I still pay into it - if anything, you old guys are freeloading off of me. In any event, I'm investing and planning for retirement on my own.  Jobs? I've never lost out on a job to an illegal, but then again I have skills and a graduate degree that today's employers find desirable. If I'm ever in situation where I'm competing for and/or losing out on a job to a person that, in the average, doesn't speak english, has a a 3rd grade education, and is unfamiliar with our society - then I'm gonna ask myself where I f--cked up that badly.

This is the U.S.A, son. You make your own way and work your way to the top, you don't blame others or expect a handout.  

[ACUDANUT]

"This is the U.S.A, son. You make your own way and work your way to the top, you don't blame others or expect a handout."
Amen to that.   

[Kern Dog]

If I'm ever in situation where I'm competing for and/or losing out on a job to a person that, in the average, doesn't speak english, has a a 3rd grade education, and is unfamiliar with our society - then I'm gonna ask myself where I f--cked up that badly.
 

As usual, your ignorance is showing.
Before the influx of illegal Hispanics and before Liberal politicians gave away our tax dollars to lazy Americans, the lower paying unskilled jobs were performed by....AMERICANS! Then, in the sneaky and underhanded tactic to buy votes for their party, the Liberals not only freely gave out WELFARE benefits, they embarked on an aggressive campaign to eliminate the stigma of being on government assistance. THEN, turn a blind eye to what flows in from south of our border and you get the Hispanic illegal immigrants working the fields, hotels, textile industry, construction industry, etc.
If an employer can replace me with 5 Hispanics for the same money and get the equivalent of twice the work that I do in the same day, it is very tempting. I have personally seen multiple instances of 4-5 man work crews where one guy speaks both English and Spanish so someone can read blueprints and interact with Foremen, Superintendants, etc.
I support fines and penalties for employers that willingly hire illegal immigrants and I am not the type to support government involvement.

[ACUDANUT]

Anyway, Back to the TOPIC.
I am thinking about selling 4 out of the 6 cars I own.  I just don't think I can handle the onslaught of insults everyone gives a seller.
Thinking about a auction. 35 year old collection.  Yes I live in Kansas and No they ain't in no barn.  Stored inside an airtight real Garage.

[Daytona R/T SE]

I am thinking about selling 4 out of the 6 cars I own.

Watcha got ?