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Re: The Last Stingray on SpeedTV
Like Rick said, well stated, Mike. It is funny how people are not so pure about their sport that they don't try to make money, but when someone else comes along and actually makes a lot, they suddenly become really "pure" about the money-makers again.
Actually, I won't kiss Terry or anyone for making our Corvettes worth more. While many are thrilled they now have a $50,000 or $100,000 car, I preferred them when they were $2000 to $3000 used sports cars. We drove them everywhere. We weren't afraid to drive them. People from 20 to 60 could own them and did.
Insurance was high, but it didn't stop anyone from driving and driving anywhere and everywhere they wanted. At that price, while it was nice to have insurance on them, they were priced such that many could handle the loss if they didn't insure them. So if insurance became prohibitive, they simply didn't insure the car.
Doesn't work today. Not very many 20 year olds can afford a $50,000 used Corvette, or even a $30,000 one. And the insurance makes owning one even harder to live with, either by collecter car insurance restrictions or the high cost of regular insurance.
These two things are having an effect on the graying of the Corvette memberships. And that graying is going to change the market for these cars as surely as the Model T and A markets did.
However, I won't blame Terry or anyone for that. The list of those to blame would be too long, and probably have almost every one of us on it.
Like Rick said, well stated, Mike. It is funny how people are not so pure about their sport that they don't try to make money, but when someone else comes along and actually makes a lot, they suddenly become really "pure" about the money-makers again.
Actually, I won't kiss Terry or anyone for making our Corvettes worth more. While many are thrilled they now have a $50,000 or $100,000 car, I preferred them when they were $2000 to $3000 used sports cars. We drove them everywhere. We weren't afraid to drive them. People from 20 to 60 could own them and did.
Insurance was high, but it didn't stop anyone from driving and driving anywhere and everywhere they wanted. At that price, while it was nice to have insurance on them, they were priced such that many could handle the loss if they didn't insure them. So if insurance became prohibitive, they simply didn't insure the car.
Doesn't work today. Not very many 20 year olds can afford a $50,000 used Corvette, or even a $30,000 one. And the insurance makes owning one even harder to live with, either by collecter car insurance restrictions or the high cost of regular insurance.
These two things are having an effect on the graying of the Corvette memberships. And that graying is going to change the market for these cars as surely as the Model T and A markets did.
However, I won't blame Terry or anyone for that. The list of those to blame would be too long, and probably have almost every one of us on it.
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