So, in case you missed it cars that many of us grew up seeing every day are now made of pure gold. Either gold or unobtanium. Either way they are EXPENSIVE. Well, depending on where you look they are. See, there is a massive disconnect between reality and what television or "TV" might have us believe. Not sure what I am talking about, please let me expound.
When you think of the awesome Detroit steel of the 60s and 70s it raises the hair on the back of your neck. They are big and mean, fast and loud. They are in a word AWESOME. They had wicked names like firebird and mustang and cougar and chevelle... names that evoked passion and desire for bad mistakes and burning tires. Growing up with them they always hovered in the affordable range. I am pretty sure you got a 65 mustang free with a fill up and a large slirpee for a while in the mid-eighties. Detroit made about 78 billion of these bad ass cars so they were always plentiful. The ones that didn't wrap themselves around a telephone pole that is.
Fast forward to the twenty-teens, a time when the 1% walks with impunity and reality television shapes what we think is reality. Dark times man, dark dark times. Sure, it started simple enough. Watching dudes work on stuff and make cool restoration projects. Then we got introduced to "flippers" or low level scavengers that are buying junk and as the old saying goes... polishing a turd. Fair enough, that has been going on forever but what hasn't gone on forever is television creating unrealistic prices. I was watching a super hyped "superbowl of auto auctions" the other week where a richey rich who had been buying up all of hotrod history for a million years decided it was time to flaunt his status and sell everything so we could all bask in his "i am way better than you" cult status. SO, other richey rich types showed up in droves to prove THEY could be that cool and rich too. As a result us common jerks got to watch mustangs sell for hundreds of thousands.
By the time it was over said richey could actually build his own world and live in a different galaxy made entirely of gold. Now, I am not just writing to rail against rich folks... I mean I will but that is not why I am here TODAY. The effect of reality TV creating this superbowl of car pricing is the entire baseline for old muscle cars took a dramatic leap upward. Remember like 2 paragraphs ago when I talked of those "flippers"? Yeah, well now those polished turds cost 10 times more than they did a year ago because every slack jawed yokel watched those shows and were like "I got one of those... so it MUST be worth as much as barrett jackson got."
Bad news, it isn't worth that much. The ones that were sold on that sad day were the absolute top of the top cars created or restored by the best of the best and most were 1 off super rare touched by god editions. So for those of us out there looking, we now have a few years more to save our money. After the flippers lose their asses and get no actual bites on the cars they are trying to get gold for the market will re-adjust back to reality. So just like the housing bubble, the gold bubble and every other made up price increase the muscle car bubble will burst. And when it does I will be there to grab up the prize, until then I will watch and wait.
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