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Tractor Talk Discussion Board

Re: Collectibility of Classic Autos


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Posted by JD Seller on July 14, 2017 at 17:40:47 from (208.126.196.24):

In Reply to: Collectibility of Classic Autos posted by nrowles on July 14, 2017 at 13:22:07:

Well If you both want a cool old car to have and play with then all is good. IF either of you think it will be an investment then you will be fooled down the road. You will be lucky to even get your money back let alone any increase.

Things that people collect tend to be about forty to fifty years old. There is a simple reason for this, economics. Most people are too busy and poor to buy those type of things until they are 50-60 years old. Then they tend to collect the things they either used in their youth or things they dreamed of in their youth. So the "hot collector item" changes with time.

So I will bet that there are Smart Phones and video games that will become quite collectable in the future. There will be some rare stuff that becomes worth more but usually it is the common everyday stuff that generated the most increase in value.

An example is Depression glass. It was given away with so many dollars of groceries in the depression. So it was cheap and used every day. So little of it survived. So it was quite collectable 25 years ago. I am not sure of its value today. The kids that grew up using it are now just about all gone.

So if you can afford it and think you both will get enjoyment out of it then buy one. IF your in hock up to your butt and things are tight just keep dreaming until things are better. I never "borrow" for a "toy".


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