Thursday, January 31, 2019

Antique Car Values and Desirablity : Midyear Corvettes In Decline? Mustang GT350?

The Hagerty foundation of insurance and antique car fame, rate car values and has listed the 25 most declining cars on the auction block as being less desirable, or bidders that are not willing to buy these cars like the use to. 

Hagerty says the new buyers are not as interested in cars that their dads loved and owned. Their tastes are different and so are less willing to consider the expensive and rare vehicles of the past. They say they are not as fun to drive as later models and brands.

Worse, according to the ''xperts'', the new buyers have no connection to older cars as they weren't around when they appeared on the scene, driving the rest of us crazy because we had the rare privilege of not having anything of any quality to drive, there just wasn't anything that came close to these fantastic cool cars like the Corvette and the Ford Mustang and the Gt350 that is also listed as in decline. That's crazy!

Also most of us didn't have the money to buy a foreign import sports car like the kids today who seem to be able to buy what ever they want. We wouldn't and couldn't do that. There just wasn't the discretionary money available. So when the Corvettes and Mustangs appeared, priced within our ability to buy and not starve, we were astatic. One of those cars, or group of cars that is listed as in decline is the midyear Corvettes, 1963 thru 1967. 

As an original owner of a 1967, I had to respond to this nonsense as listed below. 



Hagerty Antique Car Forum

This discussion is interesting in that I’m the original owner of a '67 Corvette convertible and have never lacked for someone wanting to buy it. And price never seemed to be a problem. It’s not a ‘‘trailer queen’’ for sure as I drive it often. It’s probably what the ‘‘Officals at Hagerty’’ would call ‘‘in good condition’’. I am slowly upgrading some of the more tested items on my friend as we speak. 

Still, the people that talk to me about this car just love the idea of having a Corvette that looks like what they believe a Corvette should look like. It’s going on being in my possession since May 22nd of 1967, that’s going on 52 years, and I remember like it was yesterday the thrill of seeing it the very first day at the dealership. I have no intention of selling any time soon. 

If it’s value goes down, as they say, then so be it. I’m on the way down as well, so we, my close friend and confidant will meet our maker together.

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