Would you fly on a space shuttle that had the quirks of a P38?There's bound to be some joker who says that as most owners need to buy 3 cars in order to keep 1 roadworthy, they're already "collectable"...:-?
Once upon a time, I had a 1973 Mk1 Ford Escort as my first car and I sold it and moved on. I saw a Classic car-type magazine where rotten old Mk1 body shells, with more rust than steel were changing hands for £3K!!! OOhhh, if only!
I now believe that if a car has a bit of a cult following, or is significant in car history, it's day will come. I think the Classic is the original 4x4 mould breaker, but the P38 was a serious technological breakthrough at the time, in terms of the intentions of the designers, we're talking Space Shuttle standards here. Okay, the execution of the ideas has come with mixed success, but when everything works, I never cease to be amazed by the onboard technology.
I'm trying hard to keep mine original so that when I'm about 80, I might make a few bob on it! Actually, having looked at my Interest-Only Mortgage, Bank Balance and Pension, I reckon it's my best prospect!
A 1960 Edsel Ranger or Studebaker Hawk went for around $2500 and it takes an exceptional example of either to break $20,000 today. Know what $2500 1960 US dollars equal in 2014, inflation adjusted, dollars? $20,000. That's just under 4% inflation/increase per year, which means, if you'd invested your money in almost anything, you'd have done better than buying and keeping in mint condition a 1960 Edsel or Studebaker. :???: On the other hand, the iconic '57 Chevy Bel Air, sold originally for about the same money, can bring anything from $30-75,000 today.Look at the Edsel or Studebaker. Couldn't give them away when new. Now you can't buy one without breaking the bank.