
Originally Posted by
Damn True
Frankly, I think he's right. How can a car that sold over 20,000 copies designed by a guy named Steve command the same price as something produced in one TWENTIETH the number (and handbuilt not assembly line built) designed by Pinanfarina?
How can a fake rare car (a fake COPO, ZL1 or HEMI car) command a price in keeping with an ACTUAL rare car?
I don't think they can.
Would you pay $4000 for a fake Rolex?
As for modified Musclecars his points hold even more weight. Imagine we have an old Aston Martin DB5, one of about 1200 or so if memory serves for which the going market rate is about $120,000 to $150,000. (let me just savor that thought for a second because I FREAKIN LOVE Aston's) Now imagine we take that nice old bit of coachwork and install an engine out of a 2005 Vantage and the suspension from a Lotus Exige. Not alltogether different from what we are doing with our Camaro's Mustangs and Mopars right? Well do you think that Aston is worth more or less than $120,000 to $150,000 now that is has been modified? As neat as that would be, we would have destroyed the value of the car. Not to mention the fact that doing so really ought to be punishable by death.
In Musclecars we are dealing with single models that execeed the ten year production of some Euro marques. They aren't THAT rare and they aren't as valuable.
In turning them into something other than what they were orginally (making an I-6 Tempest into a GTO) we don't create a thing of greater value. In modifying a base Camaro into an all out PT machine we do not create something of greater value (for very long at least).
You'll recall the justification for Bob selling the Cuda now, instead of next year or later. It has a very short shelf life. In 5 years it will be worth less than Bob paid for the paint.
Sorry Bill. I just can't agree with you on this. Mr. Martin is correct.