Re: Article about Classic Cars dropping in Value

Posted by 1929PackardGuy On 2021/6/7 15:01:43

Steve has it right, but it's not just collector cars, it's antiques across the board. The "under 30" crowd, by and large, cares little or nothing for anything old, regardless of what it is.

Prewar car prices, for cars that are actually selling, are very similar to what they were back in the late 1970's and early 1980's. Antique furniture has completely tanked, art glass lamps (Tiffany and such) have imploded, and I collect prewar electric trains as well, and once again, the prices today are about what they were in 1975.

And, it's not going to come back. There will always be those who appreciate large classics and antiques, but the vast majority of the Gen X and Gen Z folks have no interest in the stuff and never will. Buy it, drive it, enjoy it. As Steve said, buying opportunities are only going to get better with each passing year.