Are American Muscle Cars Losing Value

A 1940 buick limited ferried american glitterati about during wwii. If you plan on keeping the vehicle for a long time the loss of value may not be such a big deal. The ultra expensive vehicles by far have found their biggest audience in baby boomers who owned 58 of the nations nearly 5 million collectible cars in 2014.

The 1957 jaguar xk ss is one of the most popular and classic cars available today.

Are american muscle cars losing value. How did it end up this way. Add in some brawny muscle cars big american cruisers and classic german luxury. I asked john his thoughts on the status of the collector car market and he had this to say when the economy took a downfall in 2008 we saw a roughly 30 percent decline in musclecar values. With newer generations showing less interest in classic cars and more interest in technology we could see a.

As tastes shifted from american muscle to european excess to japanese flexibility like the nissan skylines and toyota supras of the fast and the furious films a whole lot of cars got lost in. 10 affordable collectible muscle cars according to nadaguides car price guide a new york times report shows that by 2030 20 of the population in the united states will be 65 or older. And the average price according to hagerty cited by new atlas plunged 21 from a year ago to 332345. Some of collector cars reach even 6 7 figure price list for unit some like buicks olds are less expensive but still really good classic muscle cars.

The only gto in the top 25 was the final generation from 2004 2005 which demand about half the price of its late 60s counterpart. There are a plethora of individuals who would love to add this vehicle to their collections but simply cannot because of limited expenses. This in return has led to this model to actually lose value. The hagerty vehicle rating tracks a vehicles performance relative to the rest of the market based on a 0100 scale.

Instead they dropped 134 from last years total to only 1213 million even though 14 more cars went through the auction this year. But that number has. Perhaps the biggest problem facing the collectors car market is the lack of collectors. While values on other muscle car era icons catch up classic gto prices are holding steady.

But by 2011 or 2012 we started to see a slow and steady increase of those values. That means a low hvr rating even if this goat is the greatest of all time to many. Ironically some of the muscle cars that were not popular among buyers in 60s 70s now are much more valuable and collectable than their pop star rivals. Buying a car and seeing it lose a huge chunk of value immediately is no fun.

Seniors will have to decide what to do with family heirlooms including antique cars.