GON
$100 Site Donor 2024
When I was a kid, and for multiple decades as a adult, the 1957 Chevrolet Bel Air two door was "the classic" Americana car to own.
Started reading articles that suggested that the people that so highly valued the 1957 Bel Air have been dying off, and the next generation of car collectors are more interested in a old Porsche than a Bel Air, Corvette, Camaro, etc.
Never imagined in my lifetime 57 Chevy losing value among collectors and enthusiast. Maybe "Happy Days" have ended for some collector vehicles.
Please note losing value does not necessarily mean direct loss in price. It can mean price not keeping up with inflation, or not keeping up with gains as compared to other collector cars.
In my 20s and 30s, would of loved a 57 Chevy. In my late 50s, personally I would pass. Might be fun taking to a car show, but not all that fun for long drives. And even with inflation, seems more risk to the price of the vehicle dropping when inflation is factored in, rather than increasing. So likely not so good as a hedge against inflation.
Started reading articles that suggested that the people that so highly valued the 1957 Bel Air have been dying off, and the next generation of car collectors are more interested in a old Porsche than a Bel Air, Corvette, Camaro, etc.
Never imagined in my lifetime 57 Chevy losing value among collectors and enthusiast. Maybe "Happy Days" have ended for some collector vehicles.
Please note losing value does not necessarily mean direct loss in price. It can mean price not keeping up with inflation, or not keeping up with gains as compared to other collector cars.
In my 20s and 30s, would of loved a 57 Chevy. In my late 50s, personally I would pass. Might be fun taking to a car show, but not all that fun for long drives. And even with inflation, seems more risk to the price of the vehicle dropping when inflation is factored in, rather than increasing. So likely not so good as a hedge against inflation.
Are Classic Chevrolet Corvettes Prices Already Past Their Peak? The Answer Is Complicated
Rather than break a Corvette auction record at Mecum in March, a rare C2 L88 fizzled. Has Boomer nostalgia reached its limit?
www.thedrive.com
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