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Old 07-17-2018, 10:29 AM   #1
denis4x4
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Join Date: May 2010
Location: Durango CO
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Default Navel gazing & the future of the car hobby

When I exercise, I watch reruns of TV car shows. This morning I was watching Chasing Classic Cars and one segment was about taking Steve Jobs' BMW Z-8 with 15,000 miles to auction. Lots of documentation plus a flip phone with the BMW logo. Car sold for $295,000 plus a $35,400 premium.


There was some discussion that the demographics are such that younger people are just not interested in cars, period. The sales price of the BMW wasn't that much more than one owned by Joe Lunchbucket.


I'm well aware that there will be some "barners" that give examples of their grandchildren who were playing with wrenches in their playpens at two years old.



Last week I got my SEMA magazine with some interesting statistics indicating that from a business point of view, catering to the UTV, truck, off-road and late model imports was the profitable way to go.


Food for thought when it's time to considering selling or passing on your Model A's.
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