FBIII

Matt agree with you on the supply side but on the demand side at present there are probably 100 people looking at Corvettes for every person looking at a 928.

XS29L9B

The market is, what the market will pay. Nothing more, nothing less.

What worries me most about the collector car market, is the graying of America. I am of the opinion (and perhaps not alone in this), many cars and trucks which were once considered "collectible" will become available on a flooded market. Prices. Supplies will increase due to the older generations getting out, and demand not as strong as before, due to younger generations having different tastes/style.

I am not saying a great car isn't going to be recognized always as great. But perhaps the market may shrink.

WyattsRide

Exactly. You can replace "Corvettes" with "Mustangs" and "Camaros" and say the exact same thing.

hacker-pschorr

That's very true. Often I hear people make comments about how "rare" the mid-year 63-67 Vettes are and that is why they are so valuable.

However, they produced more Corvettes over that 5 year period than the entire production run of 928's. People just think they are rare. But try to buy a clapped out 67 small block for average 928 money.

Rarity doesn't guarantee future collectability, however it doesn't hurt. With more and more 928's being crushed once they are stripped, it seams the number of available 928's goes down daily.

As I stated earlier, I fear the future of 928's is they do become a true collector and disappear from the roads. This issue may be forced upon us if key components become totally unavailable. Fact is, Roger, Greg, Mark etc... probably hope to retire someday and if someone doesn't pick up that torch.......

Then again, I look at the DMC corporation. There was enough demand to keep those 8,500 or so DeLoreans on the road a group of investors bought up the remaining inventory and the rights to the car and opened up a parts / repair business. I'm assuming it's a profitable business.
Those DeLoreans owners are an odd bunch though. Local guy paid huge money for a brand new, still in the crate transmission for his car and the old one could have easily been rebuilt.
Add those to the list of "should have bought". I remember being able to snag up a "good" one for $12k - $15k. Not anymore unless you find a clueless seller. This is one of those cars I knew would go up but never got off my butt to buy one. The awareness and "cool factor" was simply too high for how cheap they were selling for to last forever.
Nevermind they drive like a dump truck and have the performance of an 80's Buick running on 3 cylinders, they draw a crowd like few other vehicles.

voskian

Just started the GT up this AM after our long winter here in Boston area. I checked it over and took it out for fresh gas and a spirited run up the interstate, god I love this car, and don't really care what others think its worth as long as it keeps a smile on my face

Closing in on 35K miles, that's about 5K miles per year since I picked it up 2 years ago. I paid $21K in July 2012 and put another $6K into it bringing it back after its 10 year hibernation and now it runs like new.

GeorgeM

At $21K... you got a screamin' deal.

Congrats, Bob, on making it on TV. Very cool regardless of what those dudes say. I'm with ya.... I don't care either.

johnu

Hey...who you calling odd?

RFJ

Man every time i am down all i need to do is come here,the laughs are great and so are the truths .

granprixweiss928

drive like a dump truck? huh? they are not that bad...not faster these days than your average minivan....but still enjoyable. DMCs are only 2700 pounds.