Like you, I could never afford the cars of my dreams, but I never lost the dream. I went on in life , became a tradesman, and learned the skills required to repair and restore cars. Then I finally got the chance to purchase my dream. A 63.5 Q code Ford Galaxie from the USA. It wasn't an easy process living so far away in NZ. Money exchange rates and shipping charges were almost crippling, but I held onto the dream, and it happened. A rough, not running, but mostly complete and original Galaxie showed up with my name on it. I am currently around two-thirds of the way through restoration. Finally, I am seeing more aftermarket support in parts and restoration supplies for these full-size Fords become available. It has been battle up to this point. But the dream will become reality shortly. I enjoy your posts.
You really can't do a good restoration for under $20k. Saw a guy recently selling a really nice 63 Galaxie 390 car for $25k and I was thinking, you couldn't build it for that. Some cars (fortunately some of the cars that guys like you and I really like) are still really affordable, IMO. When I was coming up, a 63 Galaxie R code was about the meanest thing on the street and if you can still get those for $75k that's about the same price of a good new Toyota, or whatever and so I think that's a good deal for a "legendary" car (and that's why I bought one).
I do understand your take on the industry. Many are just mad that they can't afford one. Another good reason to have high dollar cars is that they won't just become daily drivers and end up in accidents or rust away. The guys and gals that pay high $$ will take excellent care of the cars and preserve them. I've had high dollar cars, and I drove them. I was a bit nervous about taking them on the highway, because at 70mph an accident would not have ended well for me or the car. Now, I can't justify buying a car for $20K and spend another $40K restoring it. So, I just wander the car shows and fondly remember the ones I had while admiring theirs. It rarely costs me anything but time.
G'day Dave, No different to what has happened in Australia. Here we have 4 door sedan's as muscle cars & the 1971 Ford XY GT Phase 3 fetching over a million dollars years ago. Great argument & there is alot of truth in it. Here investors buying muscle cars to avoid capital gains tax meaning whatever profit you make you keep & you can flip 5 cars a year. Tax Loop Hole. Alot of cars that should of been scrapped have been saved. I believe that prices have cooled off substantially over the last 18 months . Great video & subject. Cheers Louis Kats from Melbourne, Australia 🇦🇺 👍 🇺🇸
I agree with your argument. There are cars out there that i can only dream of owning and have never been able to afford. I don't care. At the end of the day i wouldn't really want a rare numbers matching highly valuable car simply becaus id be to scared to take it out on the road and drive it for fair of having an accident. My cars arent highly valued and im happy to drive the wheels off them and enjoy them.
I've got an old print issue of Hemmings from 1989 if you ever want to look at those old prices and cry. There's a "show quality" 69 Boss 429 in there for $40k.
It's made everyone with a rusted out 4 door dart think they have something rare and special. The good models are all outpriced, the base junk cars are whats getting over priced now.
Thank God I grew up in the 70s when you could pick up a good used Cuda for 1500 bucks with a 340 4 speed
The super high values of rare cars adds to the thrill of finding something in a barn, or even rare parts. For example Ford R code stuff.
Like you, I could never afford the cars of my dreams, but I never lost the dream. I went on in life , became a tradesman, and learned the skills required to repair and restore cars. Then I finally got the chance to purchase my dream. A 63.5 Q code Ford Galaxie from the USA. It wasn't an easy process living so far away in NZ. Money exchange rates and shipping charges were almost crippling, but I held onto the dream, and it happened. A rough, not running, but mostly complete and original Galaxie showed up with my name on it. I am currently around two-thirds of the way through restoration. Finally, I am seeing more aftermarket support in parts and restoration supplies for these full-size Fords become available. It has been battle up to this point. But the dream will become reality shortly. I enjoy your posts.
You really can't do a good restoration for under $20k. Saw a guy recently selling a really nice 63 Galaxie 390 car for $25k and I was thinking, you couldn't build it for that. Some cars (fortunately some of the cars that guys like you and I really like) are still really affordable, IMO. When I was coming up, a 63 Galaxie R code was about the meanest thing on the street and if you can still get those for $75k that's about the same price of a good new Toyota, or whatever and so I think that's a good deal for a "legendary" car (and that's why I bought one).
100% agree!
I do understand your take on the industry. Many are just mad that they can't afford one. Another good reason to have high dollar cars is that they won't just become daily drivers and end up in accidents or rust away. The guys and gals that pay high $$ will take excellent care of the cars and preserve them. I've had high dollar cars, and I drove them. I was a bit nervous about taking them on the highway, because at 70mph an accident would not have ended well for me or the car. Now, I can't justify buying a car for $20K and spend another $40K restoring it. So, I just wander the car shows and fondly remember the ones I had while admiring theirs. It rarely costs me anything but time.
Well said, thanks for watching!
G'day Dave,
No different to what has happened in Australia.
Here we have 4 door sedan's as muscle cars & the
1971 Ford XY GT Phase 3 fetching over a million dollars years ago.
Great argument & there is alot of truth in it.
Here investors buying muscle cars to avoid capital gains tax meaning whatever profit you make you keep & you can flip 5 cars a year.
Tax Loop Hole.
Alot of cars that should of been scrapped have been saved.
I believe that prices have cooled off substantially over the last 18 months .
Great video & subject.
Cheers
Louis Kats from Melbourne, Australia 🇦🇺 👍 🇺🇸
I agree with your argument. There are cars out there that i can only dream of owning and have never been able to afford. I don't care. At the end of the day i wouldn't really want a rare numbers matching highly valuable car simply becaus id be to scared to take it out on the road and drive it for fair of having an accident. My cars arent highly valued and im happy to drive the wheels off them and enjoy them.
I've got an old print issue of Hemmings from 1989 if you ever want to look at those old prices and cry. There's a "show quality" 69 Boss 429 in there for $40k.
It's made everyone with a rusted out 4 door dart think they have something rare and special. The good models are all outpriced, the base junk cars are whats getting over priced now.