Future of Car Collecting

[mick taylor]

It's all about who is going to buy what and who can afford it and is it truly worth keeping, a mate has a VC Brock, now the insurance cost he has to fork out must be kept in mine and all, so is it truly worth it for him to keep, now he may like the car and that is another reason why he keeps it as well.
But do we truly make money on our cars, I don't think so.
Look at inflation, one must factor that in as well not just the price that you bought it for and not to mention payed cash for it and have no other investments that are costing you interest.

My Brother said back in 1985 complaining that a HQ GTS was for sale, saying that they were not even that price from new, he could not understand it, I said inflation you idiot, the car still has lost it's true value in reality you know.
Look here a new base FX Holden in 1950 was $2069
1953 FJ $2046
1956 FE $2262
1958 FC $2282
1960 FB $2204
1961 EK $2214
1962 EJ $2102
1963 EH $2102
1965 HD $2140
1966 HR $2140
1968 HK $2215
1969 HT $2326
1970 HG $2370
1972 HQ $2730
1974 HJ $3580 = 31% more than a HQ
1976 HX $5186 = 45% more than a HJ
1978 HZ $6377
1980 VC $7902
1982 VH $9066 = 15% more than a VB
1984 VK $1.1152 = 23% more than a VH
Then we have to factor in all the rest and average workers pay in Hours to buy such at the times as well.

I remember that as a contractor from 1973 to 1983 we charged maybe 20% more over that time when a car went up 200%

So what I came across was many people back in the days of 1950's to even 1980 still did not understand inflation.
I would point out such things in 1980 and people would go mental rejecting such is true, I would say that we have to charge as to keep up with inflation every 3 months or we are fooling ourselves. they wanted me to shut up or treat to bash me up.

I believe it cost one twice as much in Hours worked to buy a FX than it did for one to buy a HR, but the dollar value was much the same. but one could be much the same Hours worked in the years ahead but the dollar value has gone way up.
So one has to think is such a way as well, now average wages will drop in the future, the way this Nation is heading we will be like China before long and who could afford a car let alone have another.

So what to invest in, something only the rich will want and the rest just forget it as an investment. but a passion.