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This is why classic cars are going up in value, even cars from the 90s. People know cars like those will never be made again, and quite a few people who grew u
by twblalock 4y ago
This is why classic cars are going up in value, even cars from the 90s.
People know cars like those will never be made again, and quite a few people who grew up with 90s cars are now old enough to have the disposable income to buy them.
Ultimately new gas cars will be banned. Many governments have already expressed the desire to ban them. That is one of the major differences from the mechanical watch market -- but even in that market, values of vintage watches are going absolutely nuts. In the car market, vintage cars will be the only ICE cars one day.
If you have spare garage space, one of the best things you can do is buy an older unmodified sportscar that had a good reputation in the 1980s or 1990s, hold onto it for 10 years, and sell it for a massive profit. Something like a 911, or Supra, or MR2, or maybe even a Miata.
- Symbiote 4y agoI think the market for this will be very small. Electric sports cars will have better performance, and be familiar to everyone in a few years. Won't most people want a car they can also drive to work? I can imagine it will be like a neighbour who owned a very old (1930s?) car. Maintaining it was a hobby, and actually driving it on public roads was something he did only a few times a year.