Re: Doug DeMuro Typhoon Video
127k.
The majority of the people that desire these trucks are now in their late 30's to late 40's. They are the people that were young and fascinated with them when they were first released. I feel the reason the prices are going up, is the fact that as people get older their disposable income generally goes up. In another 15 or so years I think they will peak out on price. Similar to the early 70's ss chevelles, and their values. Guys in their 50's trying to live the dream of their youth. Except they have the money in their 401k's or their pensions, to actually buy their childhood dream car. Once "our" generation gets to the retirement age I think you will see a good dollar commanded of these trucks. It could get pretty crazy, as I think the good ones that will be left will be held tightly by their current owners. It seems these trucks require so much time money and attention, that once squared away become a part of you. I know I will never sell my ty, it will belong to my son one day.
Some valid points here but overall, it's hard to say. Unlike the "simple" muscle cars of the 60' and 70's, I think SyTy's have an overall less appeal because of the complexity and relative need for upkeep and/or upgrades. And the aftermarket world has definitely shrunk as the years have gone by...unlike "classic" muscle cars where there's an endless flow of aftermarket vendors/suppliers.
This is why incidentally that I'm a big fan of keeping things stock. Un-dorked-with, low mileage, stock examples might hold value in years to come, but those in need of restoration probably won't.
The cladding alone is going to be a major cost factor for someone who, in 15 years, wants to restore one of these. I absolutely love the cladding of these trucks, but as a long term feature, it was probably not a great idea for GM to add fitted plastic skirts. They improve the look x10 but probably hurt long term value. (Unlike my first car...the mass produced ['79] Trans Am...which had plastic bits...but they are not only being reproduced, but they seemed to be of a more forgiving and fleixble material...so cracked less.)
And that's not even to mention the mechanics (which are certainly simple and prehistoric compared to today's cars), but not simple enough to be supported in 15 years with knowledgeable and enthusiastic wrenchers.