Comments on: More Classic Cars Than You Think

By: user-81

user-81 — Fri, 09 May 2008 18:43:42 +0000

“Old Korean cars can be very difficult and expensive to maintain in Korea. It’s one of the things that makes me glad I’m not a white trash Englich teacher.”

You wouldn’t pass the IQ test to be a white trash English teacher.

And WhiTETs still make enough money to buy a used car from the modern era, not the “classics” in the pictures, and those newer used cards are pretty easy and cheap to maintain. A lot less than in the U.S. (Korean, Japanese, American or European).

By: dong9chin9

dong9chin9 — Fri, 09 May 2008 18:27:18 +0000

Old Korean cars can be very difficult and expensive to maintain in Korea. It’s one of the things that makes me glad I’m not a white trash Englich teacher. There is definenitly something oddly intuigung about a Pony, especially compared to the equally ironically-named Stellar.

By: globalvillageidiot

globalvillageidiot — Tue, 06 May 2008 19:11:48 +0000

Unfortunately, I used to drive a 1987 Hyundai Stellar. With its rusting gas tank, manual choke, faulty alternator, gutless engine, and lack of a block heater (I needed a hair dryer to get the piece of shit to start on many winter days!) I have no feelings of nostalgia whatsoever for that abortion on wheels.

Having said that, I’ve seen a few of those Pony car/truck models in Korea over the years, and there is something oddly intriguing about that car.

By: swlee

swlee — Tue, 06 May 2008 17:44:15 +0000

look up a pony on skencar.com. its from 5 million upwards. people are paying for nostalgia, the same reason people pay hundreds of thousands of US dollars for vintage US cars. I have owned two ponies, first a 86 model I bought for 500,000won in 2004, spent 1 million on, and sold for 4 million in 2005. the second I bought for 2 million in 2005 and fixed up for 3 million and sold for 8 million last year.
these are cheap. this is cheap metal crap korean cars, but there scarcity makes them valuable.

By: swlee

swlee — Tue, 06 May 2008 17:43:47 +0000

By: WangKon936

WangKon936 — Tue, 06 May 2008 17:15:25 +0000

5 million what? Won, dollars? Looking at your flag, 5 million won. So $5k now? Who would pay $5k for a Pony?

By: swlee

swlee — Tue, 06 May 2008 17:11:10 +0000

This is a nice post, I have bee a fan of Korean cars for a long time and had always made a profit from trading in these old vehicles. the demand is onl continuing to grow and the return is greater than the housing boom. In the US it is also very similar. baby boomers are buying the cars of their youth that they can now aquire, pushing demand up. a 1988 hyundai pony utility like the one pictured now sells for 5 million, try selling 1998 avante for that. there are very few and they are a guaranteed golden goose egg as far as investment goes.

By: WangKon936

WangKon936 — Tue, 06 May 2008 15:00:40 +0000

Are those chrome rims?

By: JohnT

JohnT — Tue, 06 May 2008 04:51:14 +0000

That’s cool! I saw one of those truck-like things in Incheon a couple of years ago.