What happens with your car after your gone?

[Too Many Projects]

A few years back, after the attorney advise, I did make a list of what I had at that time and my perceived values, being most are project cars, and my wife knows those values. BUT, are those values relevant when the time comes ? I believe as we, the muscle car era guys that value these cars are gone, the values will drop rapidly. The collector models and restorations may hang onto some decent value, but the LSx and electric motor generations aren't going to want to pay 20k+ for a project car. Like I said earlier, they will only be worth what the market and people are willing to pay on the day they go up for sale.

[JP Emerson]

Originally Posted by Too Many Projects

A few years back, after the attorney advise, I did make a list of what I had at that time and my perceived values, being most are project cars, and my wife knows those values. BUT, are those values relevant when the time comes ? I believe as we, the muscle car era guys that value these cars are gone, the values will drop rapidly. The collector models and restorations may hang onto some decent value, but the LSx and electric motor generations aren't going to want to pay 20k+ for a project car. Like I said earlier, they will only be worth what the market and people are willing to pay on the day they go up for sale.

This is a valid point. While values may drop or increase when the time comes, it is equally important to understand "what the car may be worth" even if it was a few years ago. This may prevent someone from losing out on real value if they decide to sell.

Knowing where to get the info and what they have in front of them is paramount. Also understanding that regardless of what a book or website says, it probably isn't realistic.



Sometimes the answer isn't as important as knowing where to find it.


JP