Interesting subject and how everyone looks at them differently. I buy or build my cars for both investment and fun. I have never lost money on one and in fact most of my cars return about 15% compounded a year without regard to my labor when I get rid of them. Of course you can't go crazy with out of bounds parts etal or changes that people simply do not want and you can't beat them up either. It's like a savings account really, you can turn these cars for cash pretty quick if you know where to go and look.
I look for muscle cars that are convertibles because there is a big demand for these vehicles right now that goes with the general trend of convertibles in the OEM market. I do NOT do original restorations (nothing wrong with that tho..) because more attention and demand to creature comforts, reliability,looks and driveability than originality. I do hybrids of modern accouterments with older cars and looks. My wife's 69 ragtop has a combination of old and new. Perfect original body, 400+hp motor that is very drivable with coooooold air, four speed (that was a mistake!...soon to be changed), all black leather interior with carbon fiber garnishes (no original had that), killer stereo (difficult to do in a convertible), upgraded four wheel disc brakes, huge sway bars, poly suspension upgrades,.....not a numbers correct anything on this car, and yet I have been offered many times, alot more than any stock convertible would bring simply becasue of its content. Some of you may have seen this car at a show under the Classic Chevrolet International or The Paddock tents as a demonstation vehicle. It's driven to every event it attends....that's the fun part.
Someone mentioned stocks.... I think these are far more better investments than stocks are right now FWIW and you are hearing that from a guy who IPOed a public company in the early 90s and did very well with stocks/options thank you very much. Not going back there at 50 years young! But, you have to pick your cars carefully just like any investment.
The first gen cars are bringing more for the dollar spent (ROI) and demand for these are outstripping the others. Just ask your favorite Camaro parts supplier what he is selling. And, oh by the way, I do marketing analysis in these markets for manufacturers and vendors, so my professional research tells me this too. Cars from 1955 to 1971 are hot right now and are very good investments when purchased correctly. My brother-in-law throws about 10k at golf each year (fees, equipment and travel) with nothing to show but a smile on his 4 handicap face and pictures to boot, and that's okay. I throw 10K at a car and expect to have fun all summer with it and then get 18% when I turn it. What a country!
I like going to the auctions to find a nice piece. I recently passed on a 71 Challenger convertible that could have easily spent another 5K or so and gotten 40K on a 25K investment in a year....That's pretty good. I could kick myself for not being as educated on Mopars as I should...lost money because of it! You can do the same with first gen Camaros as long as the market and demographics (guys my age with some extra cash to spend) support it....and it will continue.
I have a friend that does nothing but mostly muscle cars (Frasier Dante) and he moves these like they are McDonalds french fries.
Just my tooooooooooooo long take.
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