For people who have been involved with old cars for decades, it has to be incredibly discouraging.Ī New York Times article referenced by Vellequette offers an interesting parallel. Meanwhile, owners are often having a tough time persuading their children to pick up the torch and carry on in the hobby. The crowd around me could hardly get any grayer. I'm into old cars - as in, 1960 and older, with an eye for pre-WWII metal. The fear that the collector car world dies with the current generation is tough to dispel, but there are reasons it’s so persistent. But the world is always changing, and that shakeup will be for the best in the long run. This will shake up the world of collector cars in a big way - no getting around that. When they go, they’ll take their appreciation of the cars of their youth (and, crucially, their disposable income) with them. Baby boomers are still buying and holding more collector cars than anybody else, but they’re not going to be around forever. As Larry Vellequette at Automotive News recently noted, there’s some demographic evidence to back up the concern. This is basically a time-compressed version of what most people I’ve talked to in the old car world have been fretting about, with varying degrees of intensity, for as long as I can remember. The collector car hobby as we know it will die, maybe. It’s the buyers market to end all buyers markets prices go through the floor. Arizona and Kissimmee are flooded with consignments. 1, everyone over the age of, say, 65 or 70 swears off gasoline and unloads their collector cars. Consider, for a moment, a doomsday scenario: At the stroke of midnight on Jan.
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