In Episode 26, find out why affordable classics aren’t as affordable…a new way to unleash your HEMI howl…a kit to make your modern BMW bike into a rare classic…and five 80’s models recommended as investments. As for Segment two…fugeddaboudit. Mark “Catfish” Groves and Brett Hatfield are their own special guests, because sometimes locking down folks for interviews is like arm wrestling a drunk squid. Or something like that. Catfish really shouldn’t use similes after a long day at work…
Whyzit affordable classics are harder to find?
From wolfstreet.com, an opinion website written by analyst Wolf Richter, auction activity in August dropped to the lowest level since August 2010, according to Hagerty’s September report.
Part of the reason- Monterey’s August auctions took place mostly via online or phone bidding, and some closed-room bidding, and in reduced capacity.
The overall results in terms of volume and high-end sales at the Monterey Auctions can’t be compared to last year’s Monterey Auctions as such comparisons “would yield misleading results,” said Hagerty in its report on the auctions.
Last year’s Monterey auctions had already been rough, crowned by the now infamous non-Porsche prototype that RM Sotheby had billed as “1939 Porsche Type 64” and as “the most historically important Porsche ever publicly offered,” with a predicted selling price “in excess of $20 million.”
Problem was, Porsche AG itself, which was founded a decade after this car was built, resolutely refused to claim it. In a mess, with fake displays of bids jumping to $70 million, the whole thing collapsed, the car didn’t sell, and the rest of the auctions went to heck.
But two years ago, at the 2018 Monterey auctions, two records were set: a 1962 Ferrari 250 GTO sold for $48.4 million, the highest price ever paid for any car; and a 1935 Duesenberg SSJ Roadster sold for $22 million, the highest price ever paid for an American car.
At the Monterey auctions this year, no high-end cars were sold. Online auctions still don’t seem to cut it for cars that cost many millions of dollars.
So if all that’s true, what’s happening for the cul-de-sac crowd?
Collectible cars priced under 30,000 dollars are doing well- and have reached an all time high this month. Their values continue to rise, with no discernible large drops. Among Hagerty’s seven primary indices, which are updated three times a year (January, May, and September), “1960s American Muscle Cars” saw the steepest price declines. And the “Affordable Classics” experienced the biggest price gains.
From Carbuzz.com, a new exhaust system from can let you fullfill the potential of your Hemi’s sound and fury.
Last week Magnaflow announced its new xMOD exhaust system for Hemi V8-equipped muscle cars. If you have a Dodge Challenger from 2017 to present, a 2015-present Dodge Chargeror a 2015-present Chrysler 300C, listen up. This Magnaflow system covers Hemis from FCA’s 5.7L unit up through the 6.2L and 6.4L variants, and best of all, the system allows customers to select the sound level and character that’s right for them.
- xMOD Muffler Modules with straight-through cores for a bold, burbly exhaust note,
- xMOD xTreme Deletes that let loose the Hemi’s full, unadulterated roar.
The system uses race-bred v-clamps to make it quick and easy to remove and swap between the Muffler Modules and xTreme Deletes. You’re going to have to, otherwise it’s noise nuisance ticket tim.
Magnaflow’s xMOD system delivers just the sound you want with none of the drone, thanks to passive noise-canceling resonators tuned for the Hemi’s common drone frequency range. The system also features header connection pipes to make it easy to connect a set of performance headers, and interchangeable carbon fiber-wrapped stainless tips are available.
Of course, it’s not just about the sound and aesthetics, and that’s where the Magnaflow xMOD exhaust goes from good to great; the system promises gains of 14 to 21 horsepower with a factory tune, which is a difference you’ll feel every time you pin the throttle.
Of course, it doesn’t come cheap. The system for the Challenger runs a suggested retail price of 2,800 dollars. If you’re able to spend the cash for that level of details- it’s gonna sound awesome, with choices, and give you some extra pep just for added fun.
The 1934 BMW R7 is a amazing looking bike. Art-deco, with flowing lines, engine fascia for a finished look. It’s a one-of-a-kind concept bike that was never produced- and was thought lost to the world untile 2005 when it was rediscovered and fully restored. No price tag on it, but most folks bet it would hammer at near or over a million dollars.
Oh, sure, you could maybe find the 85th commemorative version of it build by Nmoto. Back in April those were going for 250,000 dollars- and only ten were being made, so good luck there.
If you want one reaaaaaal bad, but not 250K or more bad, you’re still in luck.
All you need is a BMW R nineT, and the Nmoto conversion kit. Florida-based Nmoto has just released a bolt-on kit that recreates the 1934 look and feel.
Dubbed the Nmoto R sevenT kit, it’s just $6,950.
You won’t need fabrication work or any changes to the chassis. It’s mostly a matter of removing a large portion of the R nineT’s body and replacing these parts with Nmoto’s kit. Still- you’d better know what you’re doing.
You get a new fuel tank, fuel pump, hoses and filter, front and rear wheel fenders and brackets, a new taillight, oil cooler relocation bracket, fork and engine covers, hoses and connectors, headlight, turn signals, a handlebar cover and an exhaust-tube extension.
Key parts like the engine, suspension, chassis, brakes, wheels and seat remain unchanged.
Autoweek has an article out about five 1980’s cars they think you should buy right now as collectible.
Sure, why not? Let’s look at it.
- Toyota Land Cruiser J60 and J62
I saw one of these at the Ottawa car show I went to on September 19th. Very cool.
The article says there’s a boom in demand for youngtimer SUVs.
The J60 always had room and ruggedness on its side, in addition to a well designed interior that has seemed to hold up well even as individual examples have entered their third decade.
A 1990 model year version sold for $26,500 on Bring a Trailer in the past couple of months, with 131,000 miles on the clock. Powered by a 4.0-liter inline-six coupled with a four-speed automatic. This result was certainly toward the upper end of the price spectrum for this model, but the clean condition, lack of rust and curb appeal played in its favor. J60s can reach these values if you find the right one.
Over the past decade it has gone from an indestructible but not particularly quick tank to the subject of restorations for auction results some of which are still a little tough to process.
It helps that oil-burning W123s have been among the favorites of the home-brewed diesel crowd for years.
Since W123s remain in daily driver use, they can still be discovered and flipped for a profit after being brought up a couple of condition notches. And demand for them is not showing signs of slowing down.
A diesel 1984 300TD Turbo with 120k on the odometer clicked in for $29,000 on Bring a Trailer.
3Volkswagen Vanagon Westfalia
VW Bus Restorations have been bringing in 6 figures. And by restoration, we mean everything overdone. Now Westfalia camper versions of the 1980s Vanagon model are making it into the big cash class. Conditions of usable examples do tend to vary quite a bit, and those who have everything right tend to reap the rewards.
A 1982 Vanagon L Westfalia 4-Speed, and it sold on Bring a Trailer for $24,500. This is by no means the ceiling for the Westfalia, and it landed about midpack when it comes to tidy but unrestored examples.
4 Mercedes-Benz W126 S-Class
The Merc W126 S-Class quickly seemed to fade in popularity in the 1990s, upstaged by its W140 successor. It hit a low point in the mid-2000s, amid surging gas prices, and attrition long took care of neglected rest.
The W126 is now inching up, thanks to a resurgence in demand, and tidy examples are bringing north of $10,000. At the same time, it’s still possible to land one of these for a song if you look hard enough, and there are plenty of low-mileage examples in Florida to this day.
Of course, there are a few caveats when it comes to this generation of the S-Class.
- everything inside has to be working to achieve top dollar, because sorting the electrics in these things can be tricky.
- Low mileage is definitely a plus, because most are high mileage.
- Records are also a must for any example that dreams of generating top dollar.
A 1985 300SD, powered by a 3.0-liter turbodiesel inline-five paired with a four-speed automatic sold for 20,000 dollars in August on bringatrailer.com. . It had less than 34,000 miles on the clock and was a one-owner example until 2019 when it was acquired by the seller.
5Toyota 4×4 pickups
Back to the Future, here you go. Minty Toyota pickup trucks from the 1980s have seen a sharp rise in demand over the past five years, and 4×4 SR5 versions of these trucks have presided over this niche market. This goes both for the third-generation of the Hilux, offered through the 1983 model year in the U.S., and the more plentiful fourth generation.
4×4 enthusiasts of course place a premium on SR5 V6 versions equipped with 3.0-liter engines from the fourth generation, and condition can reward sellers quite generously at auction.
There ya go- 5 recommended 1980’s purchases for investment…and not a single one from a domestic manufacturer. Huh. So much for that super-sexy ’83 Le Baron.