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Old 01-19-2023, 09:26 AM
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Formulabruce Formulabruce is offline
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Join Date: Nov 2004
Location: North East of AMES PERFORMANCE, in the "SHIRE"
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MACN has some day " 2" Pontiacs usually.
Since Covid, the amount that some pay for a "Toy" is much higher now and can be in the 80' s.
The amount of folks that want something " Done" , Right or not, is higher than ever.
Subjectivity will sell at a good price, and there are more buyers than investors.
We are in an era when some investor cars are keeping up with inflation, and others are keeping up with Boomers with their eye on their high school ride.
On the latter, buyers don't care what it was. They care what it is, or appears to be to them. This drives price.
If they buy a built up TA that was a base and it looks the part and has what it should, the insurance CO. Will insure it for what it is, vs what it was. Not talking a #1 car here, but a very nice #3 car.
Why do they do this? Because even a rebuild, tribute, etc costs A LOT to build. Paint alone ( minus body work) can set you back 15k for a quality job.
So if someone likes a car built the way THEY like it, they will pay more.
Put a bolt in ( no mods) 5 speed in a 4 speed #3 all original car and wow, value went up 7k.
Due to costs to build , the line between an invest and a " investment Driver" is now blurred.

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