Originally Posted by Bond 007
Its interesting to see what some of the old classics are worth. I was amazed to see some old Camaros selling in the 50k range.
Originally Posted by stevew24963
I saw a '70 1/2 Camaro SS that wasn't stock,go for 37,000.Nice car but not that nice.
As someone who remembers those old cars when they were new, I find it all rather amazing.
Those cars were horrible to drive....they wouldn't stop or steer or have anything remotely resembling traction.
They were regularly breaking down and stranding you somewhere (broken fan belts, radiator hoses, water pumps, thermostats, and on and on).
They needed near constant maintenance of the nasty oily, broken knuckle kind (engine and transmission re-builds, blown rear-ends, fried clutches, broken flywheels, leaks from one end of a car to the other, etc.).
Originally Posted by fjames
Google "greater fool theory."
It doesn't just apply to car collecting, it also very much applies to Wall Street products....