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?
I'm fortunate enough to have one of each- one I restored myself over a 20-year period (the '69) and the SRT-8 I was fortunate enough to be able to buy *just* before getting too old to enjoy it ;-)
Maybe its just because its how I did it, but I wouldn't buy someone else's restoration. There are some good ones out there, but there are also scams galore. It would probably hold value a little better than a new one (let's face it- even SRTs, Cobras, and GTs depreciate like CRAZY as soon as you drive them), but the trends of what kind of restoration is in vogue change so fast that there's no guarantee. Not that you even have to turn all the wrenches- but if you want an old one YOU dictate (or do) the restoration yourself all the way from rustbucket to perfection. An old one is worth considering as an occasional-driver, but finding/finishing the right one is a huge challenge.
If you're going to drive it and drive it a lot, buy a new one. The old ones drive like trucks by comparison anyway. The old Mopars can be made to handle reasonably well with their original suspension technology IF you spend a lot for OEM-looking but improved aftermarket components- (bushings, sway bars, brakes, torsion bars, tweaked geometry knuckles, A-arms, adjustable strut rods, disk brakes, yadda yadda) and are willing to tolerate a harsh ride when you're done. And you'll still want more finesse. Its a tall order to build a restoration that rides and handles as well as a new car. Resto-mod is doable, but it pretty much requires building a frame inside the unibody and hanging modern suspension all around (search up the Lengendary Auto Super Cuda to see what they did to make a '71 Barracuda exceed 200 mph...)
And let's not forget safety. Why do the new ones look "obese?" Almost entirely due to safety regs. You're just a whole lot more likely to survive the unthinkable in a modern muscle car than in an old one. Heck, just the steering column alone is as deadly as a spear in a pre-68 muscle car. No side-impact protection, inadequate safety belts that don't pre-tension, no airbags, no rollover protection, big-block engine in your lap in a front-end collision, no rollover fuel/ignition shutoff... stuff you just don't think about everyday.
But yeah- machines with soul does describe the old ones well. So it drives a little like a school bus... I still wouldn't trade my '69 R/T for two SRTs. I'll never get CLOSE to owning anything like it again, especially not since I know every nut, bolt, weld, defect, and fixed item on it. And I have pictures of my daughter at age 3 standing in the seat twisting the steering wheel and making "brrprprprprpr" noises while I had it mostly apart in the garage ;-)
And by the way- I prefer the way the new Challenger drives to the way the new Mustang does. The Mustang has some better numbers and is lighter, but it also feels lighter, skitterier, and for lack of a better word, "tinnier." Maybe its my middle-age talking, but the Challenger walks the line between finesse and brute a little better than the Mustang.