1 00:00:03,760 --> 00:00:06,240 Speaker 1: Minty in the morning, rolls on You're. 2 00:00:06,240 --> 00:00:07,440 Speaker 2: Fast Lane for the ride. 3 00:00:07,520 --> 00:00:15,440 Speaker 1: Ino. Well, a whole new decade of cars has joined 4 00:00:15,480 --> 00:00:18,200 Speaker 1: the ranks of the classic cars. Here to talk about 5 00:00:18,239 --> 00:00:21,080 Speaker 1: that is Ron and Nanyan host of The Car Doctor, 6 00:00:21,120 --> 00:00:24,440 Speaker 1: which is available weekly on the iHeartRadio app. He's also 7 00:00:24,560 --> 00:00:28,840 Speaker 1: owner of R Automotive in Waldwick, New Jersey. Hey, Ron, 8 00:00:28,880 --> 00:00:30,000 Speaker 1: hope you had a good Thanksgiving. 9 00:00:30,560 --> 00:00:31,960 Speaker 2: We did, Larry the same to you. 10 00:00:32,760 --> 00:00:36,080 Speaker 1: When people think about classic cars, they think about like 11 00:00:36,159 --> 00:00:38,960 Speaker 1: the cars they saw in the movie Dazed and Confused. 12 00:00:39,159 --> 00:00:45,160 Speaker 1: They're from the fifties, sixties, the muscle cars from the seventies. Yeah, 13 00:00:45,200 --> 00:00:48,360 Speaker 1: exactly why are the eighties models now involved? 14 00:00:49,000 --> 00:00:52,519 Speaker 2: Well, you know, they've officially become classics. They've aged into it. 15 00:00:52,520 --> 00:00:54,040 Speaker 2: They're like you and me, Larry, they're old. 16 00:00:55,600 --> 00:00:56,680 Speaker 1: Hey, speak to yourself. 17 00:00:57,680 --> 00:00:59,800 Speaker 2: Cars from the eighties or thirty five to forty years 18 00:00:59,840 --> 00:01:04,200 Speaker 2: old now, right, and we all have memories, you know, Natalie. 19 00:01:04,200 --> 00:01:06,080 Speaker 2: Although I don't think this hope for Natalie Saturn. We 20 00:01:06,080 --> 00:01:09,679 Speaker 2: were talking before the interview today, you know about she 21 00:01:09,680 --> 00:01:11,240 Speaker 2: wants to know her Saturnys that were going to become 22 00:01:11,240 --> 00:01:12,240 Speaker 2: a classic. It was in. 23 00:01:12,360 --> 00:01:16,440 Speaker 1: Nineteen ninety two, red and silver two tone coop. It 24 00:01:16,480 --> 00:01:17,480 Speaker 1: was adorable. 25 00:01:18,120 --> 00:01:19,920 Speaker 2: Yeah, I'm sure you looking to sell it? 26 00:01:19,959 --> 00:01:20,839 Speaker 1: What was that all about? 27 00:01:20,959 --> 00:01:23,280 Speaker 2: I don't know. It's way gone. I was wondering if 28 00:01:23,319 --> 00:01:25,080 Speaker 2: I held on to it, it wouldn't have been worth 29 00:01:25,080 --> 00:01:29,520 Speaker 2: any money one day. That wouldn't have been running by now, 30 00:01:29,640 --> 00:01:31,160 Speaker 2: you know, as I got out of that car by 31 00:01:31,160 --> 00:01:33,520 Speaker 2: the way, like, do you know, for example, what's a 32 00:01:33,600 --> 00:01:36,560 Speaker 2: really hot car? Probably the number one hot car from 33 00:01:36,560 --> 00:01:38,759 Speaker 2: the eighties, Larry, that people are looking for to buy 34 00:01:38,840 --> 00:01:42,440 Speaker 2: a No, no, what do you remember the eighty one 35 00:01:42,560 --> 00:01:46,920 Speaker 2: aries K car? No, Leiah Coca. If you can find 36 00:01:46,920 --> 00:01:48,960 Speaker 2: a better car, buy it. When Chrysler was making their 37 00:01:48,960 --> 00:01:51,560 Speaker 2: big comeback when they went bankrupt in the late seventies, 38 00:01:52,080 --> 00:01:54,160 Speaker 2: and Leiah Coca used to say, the aries K car 39 00:01:54,200 --> 00:01:56,240 Speaker 2: was a great car. That car is so hot right 40 00:01:56,280 --> 00:01:57,440 Speaker 2: now you can't find. 41 00:01:57,200 --> 00:02:00,000 Speaker 1: Any Well why is that because it was less product? 42 00:02:00,640 --> 00:02:04,040 Speaker 2: Or well it's forty years ago and they all rusted away, 43 00:02:04,080 --> 00:02:06,240 Speaker 2: and now all of a sudden we want them. We didn't, 44 00:02:06,280 --> 00:02:08,000 Speaker 2: you know, we didn't. We didn't think any of this 45 00:02:08,040 --> 00:02:10,520 Speaker 2: stuff was going to be valuable. I've gotten called. I 46 00:02:10,520 --> 00:02:12,600 Speaker 2: got a call last week on the show. Somebody wants 47 00:02:12,600 --> 00:02:16,880 Speaker 2: to go buy an eighty one Cadillac Fleetwood Brome with 48 00:02:17,000 --> 00:02:19,520 Speaker 2: the forty one hundred, the HT forty one hundred engine. 49 00:02:19,560 --> 00:02:21,880 Speaker 2: Nobody remembers this, but that was the engine that General 50 00:02:21,919 --> 00:02:24,720 Speaker 2: Motors suffered so much abuse from because if the engine 51 00:02:24,800 --> 00:02:28,480 Speaker 2: lasted thirty thousand miles, it was extraordinary. The engines just 52 00:02:28,560 --> 00:02:31,239 Speaker 2: did not last. And you know, in his case, is 53 00:02:31,320 --> 00:02:33,360 Speaker 2: concern was what I do if the engine fails. And 54 00:02:33,440 --> 00:02:36,920 Speaker 2: here's the beauty of an eighties car. The engine baser 55 00:02:37,040 --> 00:02:40,400 Speaker 2: so big. You can slide a modern day powertrain into 56 00:02:40,440 --> 00:02:43,760 Speaker 2: that if the engine failed and have the look of 57 00:02:43,760 --> 00:02:47,160 Speaker 2: the eighties with the reliability of a present day automobile. 58 00:02:47,240 --> 00:02:47,959 Speaker 2: Isn't that crazy? 59 00:02:48,040 --> 00:02:51,200 Speaker 1: Hold on the look of the eighties? That is? I mean, 60 00:02:51,960 --> 00:02:54,360 Speaker 1: it's not like the cars in the fifties that are 61 00:02:54,520 --> 00:03:00,040 Speaker 1: so wild to look at, Andy, they're beautiful and they're elegant. No, 62 00:03:00,400 --> 00:03:03,120 Speaker 1: the eighties kind of were boxy and wu you grow 63 00:03:03,160 --> 00:03:06,119 Speaker 1: into these things. I mean, were they really that beautiful 64 00:03:06,200 --> 00:03:07,440 Speaker 1: back then? I mean, I don't know. 65 00:03:08,120 --> 00:03:10,959 Speaker 2: Think about how big those cars were, think about think 66 00:03:11,000 --> 00:03:16,000 Speaker 2: about how sexy a two door El Dorado convertible nineteen 67 00:03:16,080 --> 00:03:19,560 Speaker 2: eighty two was. Wire wheels, I can see I can 68 00:03:19,600 --> 00:03:21,680 Speaker 2: see the one my mother in law had yellow with 69 00:03:21,720 --> 00:03:25,040 Speaker 2: the brown boot, black top. You go driving around. It 70 00:03:25,080 --> 00:03:27,480 Speaker 2: was just it was just a gorgeous, sexy car. And 71 00:03:27,600 --> 00:03:29,560 Speaker 2: those cars are making a comeback, they really are. 72 00:03:29,800 --> 00:03:33,600 Speaker 1: In the seventies, my dad bought one of those Cadillac Fleetwoods. 73 00:03:33,639 --> 00:03:36,640 Speaker 1: It was red convertible and at the time it was 74 00:03:36,680 --> 00:03:38,800 Speaker 1: the longest car ever made. 75 00:03:39,480 --> 00:03:44,080 Speaker 2: Yep, yeah it was. You couldn't get it into a garage. 76 00:03:44,520 --> 00:03:46,200 Speaker 1: Kings been difficult. 77 00:03:46,800 --> 00:03:49,000 Speaker 2: Well, the last three feet would stick out of the garage. 78 00:03:49,040 --> 00:03:53,720 Speaker 2: I know people that owned them because right, yeah it was, 79 00:03:53,800 --> 00:03:56,160 Speaker 2: it was. And you'd cover it with a raincoat because 80 00:03:56,160 --> 00:03:57,440 Speaker 2: you didn't know what to do when you don't want 81 00:03:57,440 --> 00:03:59,120 Speaker 2: your car to get wet, and you were just goofy 82 00:03:59,160 --> 00:04:02,520 Speaker 2: about it. But these cars are making a comeback, right, 83 00:04:02,840 --> 00:04:06,800 Speaker 2: you know El Dorado's, Riviera's Lincoln Town Car. Who didn't 84 00:04:06,880 --> 00:04:09,280 Speaker 2: rent a Lincoln Town Cart of go want vacation in 85 00:04:09,320 --> 00:04:14,040 Speaker 2: the eighties? Right, big four door tank, Right, the Mustang, 86 00:04:14,080 --> 00:04:17,719 Speaker 2: the Fox body, Mustangs, iraq Z Camaros. Ringing any bells 87 00:04:17,720 --> 00:04:20,280 Speaker 2: for those kids that were in high school in the eighties. Right, 88 00:04:20,440 --> 00:04:24,040 Speaker 2: used cars, early Toyota Supers and the Aris K car 89 00:04:24,200 --> 00:04:27,320 Speaker 2: the number one classic, you know, car in demand, and 90 00:04:27,360 --> 00:04:29,400 Speaker 2: the reason is they're still affordable. 91 00:04:29,960 --> 00:04:32,479 Speaker 1: Well right, yeah, let's talk about that. What are the 92 00:04:32,520 --> 00:04:35,440 Speaker 1: prices as compared to some of the other classic cars. 93 00:04:35,720 --> 00:04:40,839 Speaker 2: Well, you know a nineteen seventy Chevelle Big Block, right, yeah, 94 00:04:41,120 --> 00:04:45,240 Speaker 2: any anywhere from seventy five to hundred thousand dollars. Stuff o, God, 95 00:04:45,680 --> 00:04:48,400 Speaker 2: all right, the guy was going to buy this eighty 96 00:04:48,440 --> 00:04:51,880 Speaker 2: one Cadillac with the forty one hundred engine forty nine 97 00:04:51,960 --> 00:04:56,000 Speaker 2: hundred bucks. You know, how can you go wrong if 98 00:04:56,000 --> 00:04:58,080 Speaker 2: the body's in good shape and the rest of the 99 00:04:58,160 --> 00:05:00,880 Speaker 2: drive train is there and the engine and fails, stick 100 00:05:00,920 --> 00:05:03,160 Speaker 2: another engine in it. You've got a car for under 101 00:05:03,160 --> 00:05:05,760 Speaker 2: fifteen grand. It's a classic, It looks cool and you 102 00:05:05,800 --> 00:05:09,040 Speaker 2: can kind of hang out. They're taking them to car shows, Larry. 103 00:05:09,480 --> 00:05:12,120 Speaker 2: That's the sign that they're being accepted. 104 00:05:12,360 --> 00:05:15,719 Speaker 1: Have you seen this yourself? That demand for these What 105 00:05:15,760 --> 00:05:17,680 Speaker 1: are people coming to you and asking for these cars 106 00:05:17,760 --> 00:05:18,560 Speaker 1: or where they can. 107 00:05:18,480 --> 00:05:20,920 Speaker 2: Say they want to know, can I still work on them? 108 00:05:20,920 --> 00:05:24,440 Speaker 2: Can I get parts? And that's the other thing. It's easier. 109 00:05:24,600 --> 00:05:27,200 Speaker 2: There's still a lot of parts out there for eighties cars, 110 00:05:27,400 --> 00:05:31,000 Speaker 2: certain models, there's still a lot of parts available, because 111 00:05:31,040 --> 00:05:34,279 Speaker 2: that's a problem with a collectible. Look, somebody wants to 112 00:05:34,320 --> 00:05:38,640 Speaker 2: restore a fifty five Chevrolet. Okay, you can buy a 113 00:05:38,800 --> 00:05:41,200 Speaker 2: fifty five Chevrolet brand new. There are companies out there 114 00:05:41,200 --> 00:05:43,000 Speaker 2: reproducing it from the frame on up. 115 00:05:43,320 --> 00:05:43,640 Speaker 1: Wow. 116 00:05:43,680 --> 00:05:47,000 Speaker 2: But an eighty one Cadillac. Yeah, not so much because 117 00:05:47,040 --> 00:05:49,800 Speaker 2: the demand isn't there yet. But there's still a lot 118 00:05:49,800 --> 00:05:53,680 Speaker 2: of OE original parts from GM in warehouses and back 119 00:05:53,720 --> 00:05:57,640 Speaker 2: alleys and basements that people never used. So it's still 120 00:05:57,680 --> 00:06:01,760 Speaker 2: readil relatively affordable, and it's still relatively easy to get 121 00:06:01,800 --> 00:06:04,160 Speaker 2: parts for cars that aren't so easy to find part. 122 00:06:04,240 --> 00:06:06,640 Speaker 1: Now, you're saying all that as if they're not going 123 00:06:06,680 --> 00:06:09,039 Speaker 1: to be affordable soon. So you see the price on 124 00:06:09,080 --> 00:06:09,880 Speaker 1: these going up? 125 00:06:10,440 --> 00:06:13,560 Speaker 2: Yeah, I do. Any once something hits a collectible, it's 126 00:06:13,640 --> 00:06:15,359 Speaker 2: kind of like the housing boom in New Jersey. As 127 00:06:15,400 --> 00:06:18,880 Speaker 2: soon as everybody wants one, nobody can get it. You know. 128 00:06:19,000 --> 00:06:21,159 Speaker 2: It's all tied to that, Larry. 129 00:06:21,360 --> 00:06:23,960 Speaker 1: So you're looking at early demand. You're like reading a 130 00:06:24,000 --> 00:06:26,800 Speaker 1: stock market. You're looking at early demand on these things 131 00:06:26,800 --> 00:06:29,400 Speaker 1: and realizing that they're a great investment right now. 132 00:06:29,480 --> 00:06:31,760 Speaker 2: Yeah, I think so. Well, I don't know if a 133 00:06:31,839 --> 00:06:34,240 Speaker 2: car is an investment per se if I do it 134 00:06:34,279 --> 00:06:36,640 Speaker 2: over the stock market. But yeah, there are a couple 135 00:06:36,720 --> 00:06:38,840 Speaker 2: of cars I take a gamble on. I think everybody's 136 00:06:38,880 --> 00:06:42,600 Speaker 2: gonna want. I think everybody's gonna want an eighty eight 137 00:06:42,640 --> 00:06:47,400 Speaker 2: Lincoln town Car. Listen, I purchased an O two Ford 138 00:06:47,480 --> 00:06:50,880 Speaker 2: Thunderbird little ahead, right, Yeah, I purchased an O two 139 00:06:50,920 --> 00:06:53,640 Speaker 2: Ford Thunderbird two years ago. Now paid a couple of 140 00:06:53,680 --> 00:06:56,239 Speaker 2: grand for it. The car goes up in value every day. 141 00:06:56,520 --> 00:06:59,200 Speaker 2: It's going to be the next classic if it isn't already. 142 00:06:59,240 --> 00:07:01,080 Speaker 2: There are just some car out there that catch your 143 00:07:01,120 --> 00:07:02,240 Speaker 2: rye that you know we're going to go in the 144 00:07:02,279 --> 00:07:02,800 Speaker 2: right direction. 145 00:07:03,320 --> 00:07:06,240 Speaker 1: I love the idea of investing in cars because you 146 00:07:06,240 --> 00:07:08,520 Speaker 1: can drive around on it, keep it nice, and then 147 00:07:08,560 --> 00:07:10,880 Speaker 1: you can resell it. And if you get something that's 148 00:07:10,920 --> 00:07:13,840 Speaker 1: going to be a classic, I mean, how much could 149 00:07:13,840 --> 00:07:15,560 Speaker 1: they go up in value? 150 00:07:16,560 --> 00:07:18,840 Speaker 2: You can see some cars go anywhere from six to 151 00:07:18,840 --> 00:07:21,920 Speaker 2: eight percent. You can see some cars double I purchased 152 00:07:22,000 --> 00:07:26,280 Speaker 2: a seventy two Monte Carlo in twenty sixteen. I'll tell 153 00:07:26,280 --> 00:07:28,119 Speaker 2: you right here, I paid eight grand for the car. 154 00:07:28,760 --> 00:07:31,560 Speaker 2: That car today is selling all day long for between 155 00:07:31,600 --> 00:07:33,520 Speaker 2: twenty six and thirty grand Man. 156 00:07:33,880 --> 00:07:36,800 Speaker 1: That's great advice, Ronananian. We'll be back with us in 157 00:07:36,840 --> 00:07:41,120 Speaker 1: two weeks at nine thirty five with more investment help. 158 00:07:41,440 --> 00:07:44,040 Speaker 1: It's it's, it's investing with Ronananian. 159 00:07:44,760 --> 00:07:45,360 Speaker 2: Thanks Larry. 160 00:07:45,400 --> 00:07:48,640 Speaker 1: All right, thanks Ron. When we come back, my final thoughts, 161 00:07:48,640 --> 00:07:51,200 Speaker 1: a recap of today's show and the talk back of 162 00:07:51,200 --> 00:07:55,960 Speaker 1: the morning. Here's your wo R traffic. What morning