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We can consider the world of fine art or antiquities. The way to think about this is to look at analogues. They worry the bottom could fall out of the market.
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Many collectors today fear that future generations won’t value classics monetarily the way we do now. That is and will continue to be part of the Revs Institute’s mission. For those skills to last, we need master classes, technicians in residence, dedicated training in these esoteric skills.
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That, however, is one of the inflection points where the Revs Institute can move the needle. If we look at the portfolio of skills necessary as we move toward the more esoteric, such as authentic coach painting, the building and maintenance of wooden wheels, the servicing of early-generation Lucas fuel injectors, those kinds of things? The problem becomes more difficult. At the level of basic technology, the relatively simple things, the answer is yes. Will future generations have the skills needed to restore and care for antique cars? The good news is that older cars may ultimately be recognized as coming from the golden age of the collectible automobile, and that will always attract people. So it’s going to be hard for most cars of today to occupy that place in our hearts and minds that older cars have for many people. The only way we can advance is to junk the one we have and get a new one, like we do with our phones. So like an iPhone, it’s capable of fantastic feats of technological virtuosity. Will cars made today even be operable in 20 years? The automobile is the single fastest-growing platform for computing power. There’s a fundamental problem with that question. That is not going to change.Īre there new cars today that will become this generation’s Gullwings or Ferrari GTOs? The tuner culture, the drifting culture, lowriders-all of them are ways that various demographics have found to interact with the automobile. We shouldn’t judge how they are interested on our terms. The next generation is interested in automobiles-on their terms. So the classic car will always be around. There are literally millions of automobiles in the world that their owners define as being “classics”and “collector cars.” I think those will perseverate out there in the environment, at least some significant percentage of them. “The same thing can be said about any number of automobiles of the past.”Ĭar fans of today fear that future generations won’t value classic cars the way we do. “Why do people collect Rembrandts and Picassos? Because they are true works of art,” says Ken Gross, vintage-car expert and author of countless automotive articles and books. “The classic cars of today will still be there, but there will be so much new that we haven’t even seen yet that will be considered classic someday.”įinally, and most reassuring: There will always be passionate car fans. Second: “The concours phenomenon will get more exciting,” says Ed Welburn, a Pebble Beach judge and former head of global design at General Motors. “There will always be a need to tell that important story.” “What the automobile has done for personal freedom of mobility is epic,” says Bruce Meyer, the founding chairman of the Petersen. First: Early automobiles will be viewed like fine art-celebrated, perhaps not frequently driven, museum items. Their view is not nearly as dire as the whispers we’ve heard. SIGN UP FOR THE TRACK CLUB BY R&T FOR MORE EXCLUSIVE STORIESĬan that be true? Road & Track spoke with some big thinkers in the collector world to try to see into the future of vintage automobiles. This story originally appeared in Volume 8 of Road & Track. The internal-combustion engine will be legislated off the road. Future generations won’t care about vintage vehicles. From the talk we heard at Monterey Car Week in August, it seems the car-collector world is facing a crisis. Now imagine all that machinery left to rot. Now consider the real heart and soul of connoisseurship-the smaller collectors, like Hank Davis, owner of Hank’s Garage in Bucyrus, Ohio, with his 14 Edsels, or Robert Lederer, owner of Chicago Parts & Sound, whose cars you see pictured here. The Petersen Automotive Museum in Los Angeles. The Collezione Umberto Panini in Modena, Italy. Think about the big-name car collections.