While muscle car articles in non-hobby publications get wide exposure and help the hobby, the “word on the streets” (or at least at car shows) is that broad-based muscle-car interest is very strong, but the super-high prices are leveling. At lunch, the Old Cars Weekly staff was discussing a particular LS6 Chevelle convertible that just sold for $90,000. While that seems like a lot for a Chevelle to me, I know that car would have brought several times that price a year or two ago.
There’s really no way to tell whether the “street talk” is right or whether we’re seeing a leveling trend. One expert says this and the other says that. In the long run, only the future will reveal the truth.
Last week at The Masteripece of Style & Speed in Milwaukee I ran into John Arps III, a collector I had not talked to in years. Back then, he was showing a beautifully-restored Packard (which he still owns). In Milwaukee, he was showing a Hemi ‘Cuda that he had restored by the same shop. Vintage Vehicle Company of Wautoma, Wis., did equally great work on both cars. They are both fantastic machines.
I did not grow up in the Gatsby era. I grew up in the muscle car era. I listened to Mike Lamm touting muscle cars as future classics in Motor Trend. The muscle car books I have researched and compiled sell extremely well. Muscle cars are great. But if you ask me which of John’s cars has more intrinsic value, I would pick the Packard.