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Will Classic Mustangs be worthless in 10 years or so?

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16K views 110 replies 65 participants last post by  Zack67Coupe  
#1 ·
Just throwing this out there. Given the push for electric vehicles what do you think about the prospect for gas powered vehicles in the 10 - 15 year time frame? Do you think we will all be stuck with trailer queens that just get towed around from show to show? It may sound far fetched now but the future may not be that far awayl.
 
#2 ·
I’ve wondered the same. I think it will be a long time before gasoline is hard to find. We should be safe but maybe our kids won’t be so lucky. Hopefully as demand for gas drops, the price will too (probably not). I don’t think it will be to long before NPD and others are carrying electric drive conversion kits for classics. An electric motor at each wheel, big battery and a control box wired to the gas and brake pedals. Or, somebody will figure out how to stuff a Volt drive train in a 66 mustang. I sure would miss the sound of a V8 if that ever happened.
 
#33 ·
We could alway get a kick ass sound system, add some outside speakers, record a good sounding v8( while we have time) then run the sound thru the stereo system by blue
tooth. Problem solved.

If I still have mine & that time gets here ( provided I have a right mind) I plan on pulling it into my shop & make a garage ornament out of it. Maybe take a nice scenic drive with the top down & record it ( now). Then I can stream the video on the wall ( then) while I sit in my car and think of the good old days.
 
#3 ·
Given the size (GDP) and depth (Oil Reserves worldwide) of the petroleum industry, I would suspect that the global "conversion" to something other than gasoline is probably 50+ years out. To your original question, "worthless in 10 years", I seriously doubt it.
 
#7 ·
Should there be no dead dinosaurs for whatever reason we'll just throw electric motors into them 🤷‍♂️ hell GM has already advertised a retro kit and I believe FoMoCo is working on one too

(Don't get me wrong, I'll hold out as long as I can but we'll adapt and overcome)

At least when they force us to do it we'll have cool EVs 😆



 
#8 ·
Even if somehow all cars and trucks (or even most) were electric, gasoline will be privatized in some way or still be available for many other applications, such as generators etc. The price? Who knows. I could see it going either way. But the petroleum industry isn’t going away…autos are just a percentage of the pie.

Personally, I plan on replacing my current DD which has another 4-6 years of mostly trouble free use left with an electric. Not sure how much of a harbinger for this I am….43 and a late Gen X but I’m sure many others are in the same boat in the millennial camp and younger.
 
#9 ·
#12 ·
Do you think that you'll be useless and neutered in that same time frame? There are younger stronger men. Do you think that plastics will replace all natural materials? Do you think that robots will replace all workers? And and and ...

Do some research. The shift to electric is both fraught with lies and hamstrung by many things. The power grid, the toxicity of the components, the lack of recyclability of components, and and and...

Why do people ask these kinds of dumb questions? Does the media control their minds? If so, can I control their minds too? I need someone to cut my grass.

Also, we all understand, that at least where I live (PA), "electric" cars actually run on coal, right?
 
#14 ·
This is one I never understood. They take what, 30 amps to charge (I could very well be wrong on that, but that is what I understand)? But if so, they charge overnight generally, so no other draws. So are there big warnings for people not to use their clothes dryers together during the day? It really doesn't seem like that much more of a draw on the system. Seems like a rumour that was started on the internet. It actually seems like new housing development would be a far larger draw on the grid. While I don't agree EV's are the answer, the math on this grid thing doesn't add up.
 
#18 ·
No. While I believe electric and alternative fuel vehicles are the future, I don't believe petroleum fuels are going away anytime soon. There are alternative fuels available now (e.g. ethanol, propane, etc) that are cars can be converted fairly easily to operate on if the need arises.
 
#20 ·
I’d submit that electric cars won’t be the death knell for our classics, but self driving cars may be. The only way self driving cars deliver on the promises is by removing as many human drivers as possible. Computers can communicate with computers easily, not so much with humans. Maybe the government regulates days and times humans can drive. As fewer humans drive, auto insurance rates will soar, making driving too expensive for many. This isn’t in ten years though, but likely not much longer.
 
#25 ·
Im not sure where they go from here. Its hard to think they could go much higher, but I remember saying that when a fastback was $40,000 and now they are double that in several instances. With that said, I see them going down, not because of electric cars or gas going out but because the next generation could care less in most cases and just simply dont see the value in paying such prices for a car without all the amenities they crave like gps, xm radio, heated and cooled seats, the list goes on. That and the fact its getting to the point these kids mindset is "why would I pay $100k for that old car when I could buy a ferrari for that?" Its all about status and having an image they can post selfies on instagram with. The classic cars just dont get that in the younger crowd. Trust me I wish it were but I see it all too often, sitting a a car show and my car with some awesome other classics are sitting there all to be completely looked over because "omg look at that lambo down there" and they dont even stop to look. I feel I get a lot of attention in my car, more than I would like honestly, but it definitely doesnt get the reactions from the younger crowd, which is sad to me. My kids both love old cars and my oldest is 14, they know cars and have grown up around them, and even my 14 yr old mentions all the time how he wants an Audi R8 or a Ford GT someday. Maybe its because he figures Im giving him my car idk lol. One can hope!
 
#27 ·
That the (majority) of the kids is not interested in old cars is only natural. I don't think there were many baby boomers either that were into pre-war flat heads. They wanted the latest and greatest (i.e. muscle cars).

As for the values of these cars, I don't know. Back in 1973 when the oil crisis hit, nobody would have guessed that 48 years later, 60's Mustangs would still be popular and expensive and that you could get just about any part for them. And that a nice one would cost as much as a 2021 Corvette. Or that there would still be a Corvette in 2021, with a push rod V8, running on gasoline no less!
 
#26 ·
As more focus is placed on EVs, the value of simple, classic gas powered vehicles will go up.

I also think people may be in for a rude awakening with all the excess crap on today’s cars. Multiple screens and computers. Everything digital. not a single manually operated function. So much that can go wrong and no easy way to fix most of it. After 10 years, a $100,000 car with a few minor problems is basically worthless.
 
#28 ·
To answer the original question...
Not a chance.
My car is priceless to me and even if I could never start, run, or drive it again, I wouldn't let it go.
I probably would make my own fuel first.
 
#32 · (Edited)
According to this test, a Mach E was only at 20 percent charged over night. So drive one day, charge it for five days. Then you will still need your real carbon burning Mustang for the other days of driving.
When will the alarmist Utopians ever realize that energy never goes away, it only changes form?
Image
 
#34 ·
We've discussed this before in other threads and same things keep coming up. To review:

- As mentioned, people still ride horses. Gasoline will be available for a very long time in the future. Alternatives fuels will augment gasoline as it is phased out

- Just about all the anti-electric vehicle information we see online is completely false or mostly false. The technology is far from perfect, but it's a very good technology and getting better very quickly. Electric cars have been around for over a hundred years. Electric vehicles will be phased in very gradually. Similarly, the electric grid will be modified to handle the load very gradually. It's not like hundreds of millions of petroleum powered vehicles are going to disappear overnight and be replaced by electric vehicles.

- The electricity for EVs will be provided by a combination of wind, solar, natural gas, hydroelectric and nuclear. Coal plants are being phased out very quickly. Not only is coal power extremely dirty, it's also more expensive than natural gas. And there's plenty of natural gas. So, there's no reason to burn coal. (And, sorry, there is no such thing as "clean coal".)

- When an electric vehicle is charged from a natural gas power plant, it's still much cleaner than if that vehicle was burning petroleum. If the power comes from wind, solar, hydroelectric or nuclear, it's even more clean.

- Which cars will be both desirable and valuable in the distant future is unpredictable. I can remember when the tri-five Chevrolets were most coveted and prices soared. The people paying those prices later died off or quit driving and, no surprise, prices came down. But people still really like those cars and they're still valuable. Same with Mustangs. Prices will go up and down, but in ten years it's extremely likely prices will be much higher. Decades later, who knows where prices will be, but people will still like Ford Mustangs.