Thread: New Member Confused
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10-11-2016 11:09 AM #16
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10-11-2016 01:30 PM #17
- Join Date
- Apr 2011
- Location
- Prairie City
- Car Year, Make, Model: 40 Ford Deluxe, 68 Corvette, 72&76 K30
- Posts
- 7,297
- Blog Entries
- 1
I think the economy for spending money on vehicles is coming back. Last year I was slow as all get out with my side business. This year I could probably quit my full time job and just build trucks. It's crazy. I just can't jump off the edge yet because the economy is always up and down. My wife is a stay at home mom and I provide the insurance. So if I went out on my own, I'd be paying the high insurance costs. I'll just stick to working where I'm at for the time being.Ryan
1940 Ford Deluxe Tudor 354 Hemi 46RH Electric Blue w/multi-color flames, Ford 9" Residing in multiple pieces
1968 Corvette Coupe 5.9 Cummins Drag Car 11.43@130mph No stall leaving the line with 1250 rpm's and poor 2.2 60'
1972 Chevy K30 Longhorn P-pumped 24v Compound Turbos 47RH Just another money pit
1971 Camaro RS 5.3 BTR Stage 3 cam, SuperT10
Tire Sizes
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10-11-2016 03:11 PM #18
I think you have something good going there, your side business almost becomes a fun hobby and you know the income isn't crucial so it almost becomes "fun" money aha all the better if you are building hot rods. Me mentor rebuilds antique furniture to fund his cars.. . Plus the insurance is a killer bonus lol.
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10-12-2016 06:03 AM #19
I made passing reference to it in my earlier post because at that time it didn't deserve anything more than passing. We've joked for quite a few years, both here and in the real world, about how nearly all the guys you see at a car gathering have grey hair. What goes with that is those same folks that have been getting older are hitting the end of their road, either dying or going through an expensive medical battle before the end arrives. Not trying to be maudlin, just dealing from the deck of reality. The mid-50s and older cars have a fairly specific owner/ interest profile that could loosely be identified as "baby boomers". We tend to have our affinity for these vintage cars because of the calendar..........they were the cars we grew up with when our passion was born. Naturally, the same factors prevail for those born later in the continuum, they relate better to those cars that were "affordable" and desirable when their passions formed. Sure, there's some cross over in the various age groupings, and we even saw/see some very passionate admirers of "traditional" hot rods in the so called millennial crowd, but comparatively small numbers. Right now muscle cars are still holding reasonably well in the market price and activity wise as they appeal most to the youngest of the boomers and those a decade or two younger than that. But, as history repeats, that will be the next market slice to "surprise" with a sudden drop in price and participation/interest.
That doesn't mean that hot rods, particularly the older ones, but later as well, are completely dead. Sure, economics play a part. A book could, probably has already been, written talking about all the other things in our lives that suck up disposable income, or even more importantly, those life necessities that take priority over the disposable/hobby stuff. Much of it is the so called hidden cost of government or social engineering (a topic for a different venue). But as we old guys are pushed to part with our babies for all the reasons stated above and a few more, the market will have more offerings available for the dwindling number of genuinely interested potential buyers. Yep, that ol' supply and demand formula that so many speak of, but often don't recognize when they're in the middle of it. The market today is awash with older hot rods that are priced like 2006 (as an example) because ten years ago there were many more potential buyers still alive who were interested, as well as financially able. Sellers, being typical humans, want that bigger financial nut that their memory tells them their car is "worth". So they put it out there for, let's say $20k, and they are surprised when nobody responds to their treasure. What they choose not to see, or don't take the time to research, is that there are dozens more similar vehicles on the market for 25 to 50% less for the smaller number of legitimate buyers to choose from. There are still some cars that sell quickly, and for those better prices, but they have a more desirable combination of features that give them a competitive edge. All of this was/is predictable, but often that sort of message is too painful for a lot of folks to stomach........that would explain why the mythological character Cassandra was created.Your Uncle Bob, Senior Geezer Curmudgeon
It's much easier to promise someone a "free" ride on the wagon than to urge them to pull it.
Luck occurs when preparation and opportunity converge.
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10-12-2016 08:24 AM #20
Wow that was incredibly well written and filled with some really good insight from whom I assume is an older member of this community. I hope others get a chance to read that. I couldn't agree more with what you have written especially when it comes to the buying and selling market. I ask my mentor all the time if there is money to be made off restoring cars or hot Rodding them to sell and his response is always "only if someone else is funding it" and it's for just like you say the supply and demand is so low and the market for a "hot rod" is almost non existent. I'm hoping that this market for hot rods and customs increases in the coming years. It's unfortunate too that the younger generation didn't really catch on, there is a little car scene with the import crowd and all that, but from what I've seen and I own a Z car, there are few body modifications, just carbon fiber add ons that in my opinion look terrible. Or the liberty walk kits... They just look plastered on to the side of the car.. No serious sheet metal and body reconstruction like the old guys were doing back in the 60's. It's quite unfortunate if you ask me.
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10-12-2016 05:43 PM #21
What some of these other site forums don't understand is that there is more than one way of doing things. Hence, you try to help a guy (on one of these other forums) and somone gets on there and chastises and tells you that you're all wrong (simply because you're way is different than his when it really does come down to it, or maybe even that person does not know what they're talking about). Perfect example might be on 'how to set valve lash,' because there are varying ways. Other than club hotrod, I'm only active on one other forum. I like this site as the members are highly knowledgeable and i want to soak up as much as I can from them as like my dad says, 'they've been down the road you're on.'1972 Z28 Camaro, Full Drag Car, 383 CID
1976 Camaro
Currently building a 1.21 Gigawatt Flux Capacitor
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10-12-2016 07:20 PM #22
My Dad has mentored me on these old cars. Best advice he gave me, "Nothing is easy and Son, you'll never stop spending money on these old cars. Even when you get it the way you want it, you'll eventually change your mind, tear it out, and put something else in its place." He's right. I'm almost 40 years old and have always loved old cars for their looks, history, and old school mechanics. My affinity is toward muscle car models and nothing much more. I do wonder what the market for classic cars or parts (even aftermarket) will be like years down the road. When I hit 60, Is it soon going to be like the last days of the Old West or Rock n Roll? I dunno, but at least I'll plan on still driving a 'throw back' to the golden age of cars.1972 Z28 Camaro, Full Drag Car, 383 CID
1976 Camaro
Currently building a 1.21 Gigawatt Flux Capacitor
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10-12-2016 09:52 PM #23
I, just like others on this forum, am a member of other forums though I generally frequent this one and another one regularly. The other one which is administered by some folks north of the border has some very knowledgeable folks, but their format sucks and I believe they have almost as many moderators, including a "global moderator", as they have members. And don't make the mistake of posting in the wrong forum as that will get you "flamed" immediately by one of the moderators, they are a bit anal to say the least. The one thing they have in common are no political subjects which is the way it should be. I do believe the other forum caters more to the younger crowd and more current vehicles and they have their share of "internet professors" which is tolerable to a degree.
The best thing about this forum is that the moderator, Mr. Mustang, doesn't get involved unless it's absolutely necessary and that can't be said of the other site. This site also has a couple of real true to life engine builders and first class body men and a couple that have built more cars and have probably forgotten more than most of us will ever know.
I hope you enjoy your time here Capecreations21.Ken Thomas
NoT FaDe AwaY and the music didn't die
The simplest road is usually the last one sought
Wild Willie & AA/FA's The greatest show in drag racing
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10-13-2016 06:30 AM #24
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10-13-2016 08:12 AM #25
Well that is excellent to hear, I am only a member on one other forum and it's not really hot rod or custom car related, just auto body 101. There is a lot of good information on there regaurding candy paints and other speicalty automotive concepts. I am however incredibly happy to be apart of this forum and since just even my short time here I have received only positive responses and have thoroughly enjoyed following along with others builds. I look forward to posting in the future and a big thanks to everyone who responded to this thread, it definitely got conversation going and that's honestly what I was hoping for.
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10-13-2016 03:44 PM #26
Welcome Capecreations21. You have come to one of the best sites in all of the automotive world (in my opinion). I've been here since '03. There is immense knowledge here in almost any automotive area. Also, the members here give knowledge and advice freely for just about any question without the insults and flaming that sometimes comes when asking honest questions on some other sites. I guess maybe the members here are a little more mature..? Anyway, we love build threads with lots of pictures; I've done a couple on here myself (search my name if you're interested in reading my stuff) and I find that writing the installments and posting pictures keeps me focused on my projects. Also, I sometimes get suggestions that help me avoid mistakes before I make them!
You will meet many knowledgeable folks here. At the risk of giving him the "big head", one of my favorites is "Uncle" Bob Parmenter. You've read some of his stuff above. He is a very capable writer and his posts always show a lot of forethought. He also has a wicked sense of humor, so watch for that. There are other jokers here, too. The good news is most of them will poke fun without being malicious. Welcome and enjoy. Let us know when you start your build thread.Jim
Racing! - Because football, basketball, baseball, and golf require only ONE BALL!
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10-13-2016 05:13 PM #27
Your Uncle Bob, Senior Geezer Curmudgeon
It's much easier to promise someone a "free" ride on the wagon than to urge them to pull it.
Luck occurs when preparation and opportunity converge.
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10-13-2016 05:21 PM #28
I wil absolutely have to search your name and do a little build thread searching haha they are all so cool to watch and read through, even the older ones. I haven't posted anything as far as a question yet... Though we all know there will be questions in the future lol, so that's good to know that I shouldn't be hesitant to ask something. It definitely seems like I picked a good community to be apart of, seems as though most people here are older in comparison to other forums and with that comes a much better knowledge base, and a lot more respect. Thank you for the reply
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10-13-2016 05:36 PM #29
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10-13-2016 06:58 PM #30
- Join Date
- Apr 2011
- Location
- Prairie City
- Car Year, Make, Model: 40 Ford Deluxe, 68 Corvette, 72&76 K30
- Posts
- 7,297
- Blog Entries
- 1
Ryan
1940 Ford Deluxe Tudor 354 Hemi 46RH Electric Blue w/multi-color flames, Ford 9" Residing in multiple pieces
1968 Corvette Coupe 5.9 Cummins Drag Car 11.43@130mph No stall leaving the line with 1250 rpm's and poor 2.2 60'
1972 Chevy K30 Longhorn P-pumped 24v Compound Turbos 47RH Just another money pit
1971 Camaro RS 5.3 BTR Stage 3 cam, SuperT10
Tire Sizes
How much did Santa have to pay for his sleigh? Nothing! It's on the house! .
the Official CHR joke page duel