Hipsters aren't buying classic muscle cars for inflated prices. They just aren't. Go to any car show and pay attention to who owns what. I'm not sure what world this is that you speak of where you talk to all these youngans, but it doesn't sound like it's a world specifically related to classic cars.
I recently spent a week walking around Hot August Nights in Reno, hob-nobbing and talking with countless folks about their cars. I go to all the local car shows here. When I was in the hipster-overrun bay area, I never missed a Goodguys show, never missed the summer downtown car shows in Danville(one of the wealthier parts of the bay area), frequently went to all manner of local car shows.. not to mention, as a mechanic working specifically on classic cars and someone who interacts with a wide spectrum of people in this hobby overall, I just don't see any folks wildly overpaying for cars, most especially not the millenials you speak of. They are the last ones to do so, in fact. I see them spend wildly on all kinds of other things, like much newer cars, clothes, cell phones, etc etc., but not classic cars. The young folks I see getting involved in the classic car world generally buy the kinds of cars that would be largely ignored on this forum and other enthusiast forums like it, and they tend to do most of the work themselves. In fact, probably the largest subset of the younger crowd interested in classic cars is the ghetto crowd, who tend to build donks and other garbage, as well as lowriders and the more common and mundane muscle cars like Mustangs and Chevelles. They spend money more wildly than most, and they still aren't buying $35k goody Tempests.
I have no doubt that hipsters would spend lavishly on classic muscle cars if they somehow became popular amongst the hipster crowd.. but they aren't. At all. Not even slightly.
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