Perhaps the worst thing about sinking a boatload of money into a classic car is the buyer’s remorse that you’ll have. It’s never fun to spend a great deal of money on something only to regret it down the line. But that happens a lot to people who bite the bullet and spend a chunk of money on one of these cars. You’ll be into it once you get it and the classic car market is tricky. Selling one of these things can go from very easy to very hard.
You’ll have a lot of people who are trying to lowball for the best deal and it can be quite frustrating. The classic car market is made up of buyers and sellers who prey on each other every day. The entire process can be a tiring one to say the least.
Perhaps one of the most obvious problems with owning a muscle car is the fact that you’ll have to spend a great deal of time avoiding cops. Muscle cars are the target of police because of their speed and the fact that they can write an easy ticket. Where you wouldn’t have trouble driving an ordinary car from point A to point B, the same cannot be said for a muscle car. You are going to be constantly barraged by tickets if you even go a little over the speed limit.
There is no easy solution to this problem. Most people who own any type of sports car will tell you how frustrating it can be. You are constantly on the lookout for patrolmen and the radar detectors that you can buy don’t work well.
You see people who try and sell a muscle car for hundreds of thousands. The goal here is to turn a quick profit, but that doesn’t generally happen. Most people are cheap and looking for a good deal. That means that your car could stay listed forever. So if you are going into the muscle car market to try and turn a profit, don’t. There are already hundreds of shops that do this and do it well. You aren’t going to be the next reality show star who is flipping classic muscle cars.
We don’t mean to burst your bubble, but the market for these things is so inflated that most buyers don’t even realize what’s in front of them. The muscle car era has long past but the classic cars of yesteryear are more popular than ever.