Originally Posted By: M1Accord
In 5 years, we'll become the 2% according to the IRS but for now we are in the low 6-figure household income. Therefore, I like to fantasize about a nice muscle car a little bit; play with the numbers, dream about it, and start making plans to ger one when I hit 45 years old or something. I'll be in a low taxes state by then so owning a nice car would not be such a poor financial decision.
Looking at old muscle cars, I see machine with souls. New muscle cars are like new Americans, extremely obese looking. The only thing that look close to the past is the Challenger and the only thing that is decent to drive in is Mustang, which is about to be butchered into a conFusion. Anyone here dreams of muscle cars but always own sedans or commuters? Would you spend money buying a restored muscle car or buy new?
Ok... here is my perspective. I am almost 50, I have owned and restored Detroit muscle cars since I could drive. I have owned some pretty nice ones, not just generic muscle but rare special ones. I just sold my real 1970 Ram Air IV Judge that I had owned for a span of 3 decades. I now own a 2011 Shelby GT500 (see sig). There is no question this latest crop of muscle is technically better than the old muscle. My Shelby is significantly quicker (12's in the 1/4) than my Ram Air IV (high 13's). It is significantly faster (155 MPH e-limited vs. 110 MPH RPM limited). It is safer, more fuel efficent (27 Imp MPG vs. 9), can achieve 1G in a corner, has a 500W stereo that plays my iPod, parts are readily available at the dealer... and on and on... it is 10 times the car my Judge was taking emotions out of the equation. But it will never have the as you put it - the soul of the old iron. I have not abandoned the old iron, I am in the market for another old muscle car, I currently have 3 possibles and I intend to act on something at some point. I personally think the old muscle car market is in for a huge crash starting in the next 10 years and this is what is holding me back right now. Gen-Y doesn't care about them and all people my age and older who are NOT true dyed-in-the-wool car enthusiasts (certain breeds of collectors, speculators, many BJ buyers, check book hot-rodders etc.) will be scrambling to unload these cars in a panic. I intend to ride that gravy train fully when it comes in and retake control of what was merely a hobby, my hobby and passion, before big money took over the hobby. Old muscle is a pain to keep running on a daily basis... parts are rare and expensive and not available readily... new muscle is like a Focus or a Cruze, easy to keep going. If you do not have the old iron in your blood (as I do) or grew up with them... I'd say go new... the new stuff as I said is way better, more reliable and easier to obtain.