Will there will be a run on S197 cars shortly?

Forty61

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Will there will be a run on S197 cars shortly?

It's an interesting question and it's similar to another I've been considering.

While attending car shows or cruise-ins, it's been my experience that the majority of car owners are members of the Baby Boom generation, and to some degree, early Gen Xers.

What happens when the baby boomer and Gen Xer generations fade away?

It could be assumed that many of those cars will be gifted to family members generations below.
Some of the recipients will keep the cars because of genuine love for the car type.
Others may keep them only because of sentimental value.
Finally, some may liquidate them for the quick cash.

An object has value when a portion of a population agrees that it does.
Depending on supply and demand, those values may rise or fall.

Collectively, younger generations don't appear to place the same worth on cars as previous generations and they don't seem to care about acquiring drivers licenses either.
They're generally not interested in any car, let alone a great collector car.
Hell, they're excited about the possibility of self driven cars so they can continue to entertain themselves with their electronics.

Muscle Cars and Hot Rods have enjoyed decades of escalating value, but will they have escalating value LONG TERM?
Is it possible that dwindling demand will dictate a loss of value?
Will the S197's suffer the same long term devaluation?

I purchased my 2010 Mustang GT last fall.
It was purchased with 24,540 miles on the clock and paid just over $19,000 for it.
After considering other options at the same price point, I concluded that no other car would give me the same joy as the Mustang.
With excitement, it was purchased as a daily driver.

After a week or two of driving it, the decision was made to crown her garage queen.
My '06 F-150 is now my daily driver.

The decision was made for the long term, not as an investment, but as preservation.
If I'm able to log the same annual milage as the p.o., at 20 years of age the car would have less than 50,000 miles.
In our current environment, the cars value could rise presenting an opportunity to generate a small profit.
On the other hand, that 3 valve exhaust sounds great and why the hell would I keep it muffled just for the sake of preservation?
This car is designed to give pleasure and who am I to not accept it for it's designed purpose?

Either way, I'm glad I finally have one!
She's been a long time coming.

What I will add to this is the younger generation at least in my experience also wants to live in cities. No point in owning a car in a city, especially one like Chicago where a designated parking spot can be a few hundred bucks a month. You can rideshare, or take public transportation everywhere. This typically happens after college and then when they get out of the city living phase if they need a car they just need something reliable to get them from a to b or they have gotten married and started popping out kids.

In response to these, I’m part of the ‘Millennial’ generation (ugh, hate the term) and in my experience I haven’t met many people my own age who I would call ‘car guys’. A lot of them own cars and enjoy ‘modifying’ them with awful suspension, wraps and open exhausts but if you ask anything technical, even about their specific car, their eyes just glaze over.

Im hoping in future it means I can pick up all kinds of cool stuff for cheap when it’s no longer new enough or tech-loaded enough for most people to retain interest. I think a lot of Mustangs will fall into this category, when it’s too much hassle to drive a standard transmission or if you can’t hook up CarPlay or whatever.
 

Juice

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Or it doesn't drive itself while you sit back and spank it on your "smart device". :lol:
 

Juice

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Look at Harley for example. Their owner base is literally dying off. The later generations dont want the thumpers. So Harley is forced to change their offerings to stay in business. And we have the LiveWire.
I think that analogy applies to the original question here. And sadly, means the muscle cars will go by the way side. Likely replaced by rediculously stupid fast electric performance models. Anyone see the all electric Porsche Taycan EV? Look out Tesla!
 

Rich

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My wife has the Allstate doggel in her car. She gets a rebate every few months. I have one in my truck and don’t get a damn thing.
With the way I drive, if I had a dongle in my car the insurance company would call me daily to see if I was alright.
 

ShelbySteve

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I'm pretty sure this would get me dropped and possibly lose my license.

Sent from my SM-G965U using Tapatalk
Same here lol. Not even an option for me even though I’ve only had one speeding ticket my whole life. My wife gets pissed because they always let me go with a warning and she always gets a ticket.
 

eighty6gt

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The dongle knows you're on a track. That's basic stuff.
 

LarryJM

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Copart is saying any 13/14 Mustang GT with 25,000 miles as worth $25,000. The 80,000 mile versions seem to be $20,000. I just walked by a 2020 silver GT in a dealer showroom stickered at $40,000 as I priced a 2013 Boss 25mm Rear Sway at $180 plus tax. Copart did have one Boss at $25,000 valued at $50,000. I will order the sway bar Monday and it will take to the end of the week to get. This is how I feel, I am working on a 17000 mile car someone else would pay $25,000+ to get.
 

Pentalab

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The dongle knows you're on a track. That's basic stuff.
I had to look up what a dongle was. Initially I thought u were trying to jerk us all around..and that a dongle was some kinda ...sex toy.
 

Juice

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I had to look up what a dongle was. Initially I thought u were trying to jerk us all around..and that a dongle was some kinda ...sex toy.
Seriously? Dongle, a generic term for a device that has some type of function when connected to a port.
How is the weather under that rock?:lol:
 

GERMANSHEPERD

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Look at Harley for example. Their owner base is literally dying off. The later generations dont want the thumpers. So Harley is forced to change their offerings to stay in business. And we have the LiveWire.
I think that analogy applies to the original question here. And sadly, means the muscle cars will go by the way side. Likely replaced by rediculously stupid fast electric performance models. Anyone see the all electric Porsche Taycan EV? Look out Tesla!
The Livewire is done already.
 

tjm73

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The Livewire is done already.

Cool bike, but WAY too expensive. Doomed from the get go. If HD wants to offer electric bikes they need to buy someone that's doing it already or hire EV people and start a separate operation.

I doubt either will happen. HD, as much as I hate to say it, is on a slide to irrelevance. Their market grows older and the sales continue to fall. I read an article when their sales are down a lot and their stock down a staggering 44% over the last 5 years. They would rather sell t-shirts and lifestyle products, than bikes it seems. I'm sure they make more on licensing than bikes. But show me a sizable population that cares about their bikes. I'll wait. (pssssstt....there is none)

Hopefully they don't go under.

If you want an EV bike, you can buy a Zero for 2/3 or less the price of a Livewire and with better range.
 
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