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Originally Posted by renzop
I disagree.
While I tend to think the popularization of the classic car hobby (think of Barret-Jackson on Speed) is a phenomenon that will lose its luster in a few more year, I think that cars are almost as important a part of the fantasy life of the average American male as it was 40 years ago.
As such, as that male grows old he will want to recapture his youth by reliving those fantasies. When that happens those 20-40 year old cars will become classics. How else can you explain the insane value of such cars as the 1958 Chevy Impala. It was not rare, it was not swooned over by magazines. It is and was not in any way beautiful (except in its bizarre grossness).
Of course that does not mean that any modern car is a good investment taken only as an investment.
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Just like music, every generation thinks the next generation's music is total crap.
Baby boomers feeding the same crap back to their kids (ie. new beetle/mini).
There will always be "classics", whatever the next generation of cars/music/fashion is.
You can argue all gasoline cars will all become classic when we have flying cars.