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Scotty A said:
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MKW said:
Like with all collectibles , ask us in about 30-35 years , when today's 12- 15 y/o s just discovering today's hottest sports cars reach their prime earnings years combined with mid-life crisis and want items that recapture their carefree youth . That's the way it's always been in the vintage/classic mkt.
Explains today's million dollar values of unmolested examples of some of Detroit's rarer late 60s/early 70s muscle cars that sold for under 10 grand back then.
Less than 10 grand? I think the 65 Mustang was maybe 3 grand well equiped, if memory serves! I bought a basic 65 Mustang convertable in 1969 for $400.
He specifically stated "Detroit's rarer late 60s/early 70s muscle cars that sold for under 10 grand back then".
A well-equipped '65 Mustang hardly brings a million bucks... Maybe $50K if it's a hipo GT convert...
He's referring to the big dogs, the big-block Shelbys, the Boss 429's, the Hemis, the COPO Chevys and ZL1's and Ram Air IV Pontiacs..
All of those exotic racing V8 options back then cost a serious premium, PROPORTIONATELY, above the price of the cars.., and those cars ranged between $4K-10K ($10K being the all-aluminum 427 ZL1, you had to shell out an additional $6,000 for that engine option... Can you imagine ordering a car and then opting for an engine that cost 1.5-times the car?? ) Big Block Shelby convertibles and Hemi convertibles could get pricey as-well..
