Re: I need help to authenticate a LS6 Convertible
The biggest problem with GM musclecars is these cars were never intended to be collectible. Noone foresaw that people would want to collect them and as such the steps needed to ensure future provence were not taken. Ford and Chrylser while not making cars for collectors at least had the good thought of including engine and other pertinent data in the cowl tags and VINS. This in my opinion (and a good many other non-brand specific collectors) will always ensure Ford and Chrysler cars bring more money..That and the fact that the true hi performance cars from each are truly rarer than the GM cars..GM had a far greater market share in the 1960's and 1970's than either and as such just plainly made more cars...
This is of course is dependant on people just plainly viewing the cars as rare or collectible in the first place..Interestingly some high quality "factory original" restoration shops are now moving away from "original" cars and more into Day 2 or "pro touring" as I would imagine the finite supply of real parts, the propensity for fraud with "real" parts..ie: restamps" and the sheer ridiculous money are making the consumers move away from "original" and into other areas. Thus in order to survive they move to other areas of restorations.
The idea that musclecars will always be worth the money seen today doesn't make sense to me...When the market corrects, as all collectors markets do..coins, guns, cars, art, etc..there are going to be a lot of people left holding the bag..
Im curious why do people feel the cars will continue to go up?? Can anyone here realistically see the day when a 1970 Malibu is worth 70k, when the cost of just living..gas, housing (which let's be honest more people would rather spend 70k in housing anyway..as often quoted.."Land..they don't make it any more"), raising kids, food, etc..continues to go up..Where are all the people with an extra 70k laying around going to come from??? This is assuming that future genrations even find the value in a 1970 car that really only did 1 or 2 things well and compared to current offering, maybe only has stlye going for it..Is there anyone on this board that collected Model A and T's and pre-war cars in the 1950 or 1960's...Keep in mind wasn't too long ago car collectors thought those prices would always go up as well...One could argue the musclecars have more flair and certainly more power, but once the guys that grew up with them die off..so does the vast majority of collecotr interest..the new generation buys the cars oftheir youth, which just so happen to have all the power and flair, but also are cheaper, better engineered and offer more ammenities..
Any thoughts??
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