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STOP BUYING THESE CARS!
Hot Rod
|September 2020
Too many cars are overpriced, and I’m here to do something about it. I’ve picked my top ten most ridiculously overvalued old vehicles, and if we stop buying them for six months to a year, demand will evaporate and prices will plummet. Are you with me?
The auctions and general demand for older muscle cars have inflated the value of everything American made, rear-wheel drive, and more than 40 years old. You know what I mean: every schmoe with a ’73 Pontiac Catalina four-door says “I know what I’ve got,” and expects $5,000 for it because “it has the Trans Am engine.” Right? But that’s not what I’m addressing here. This is a list of ten year/make/model categories that are fetching top dollars, and that, IMO, have far exceeded their value. Here they are, from least offensive to most.
10) Datsun 510s: You may be surprised to see a Japanese car on the list, but I’ve included them just so I can say that I think it’s cool that classic import cars have been on a surge. The Datsun 240Z and its offspring have been inflating in interest and value for decades, but my mind is blown by today‘s prices on 510s because those were the hand-me-downs and throw-away mom cars of my youth. To see them go for $25,000 is stunning. It’s driving up the prices on virtually all the pre-’80ish imports.
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