Eli,
thanks for posting the Jay Leno link. There's a bit of a theme emerging here, IMHO.
To most of those who bought the Insight when it was new or newish, it's an effective high mileage work tool that makes economic sense. Avoiding expensive work is therefore an active part of ownership. This is one reason why a forum like this is so useful - owners are more likely to maintain the cars themselves, and are circumspect about full dealer parts/servicing. For a complex, highly engineered car, that is remarkable in itself. How many modern cars will be kept on the road when that inevitable and unavoidably expensive repair comes up?
Those who are buying the car now - like us and the Octane letter writer - are buying because the car is interesting and distinctive, compared with more recent machinery. Marian & I bought an early car fully expecting to pay to rectify paintwork (see gallery) and other defects, replace the battery etc. If enough people think it could be a classic then we may start to see interest from new quarters, a change in the kind of people buying the car, and increasing demand (so prices). In the UK, with limited supply, that could happen soon.
So what does it need to have to become a 'classic'? In my opinion (and I've had a lifelong interest in automotive design), the following are Quality factors:
- Distinctiveness (what statement are you making owning one?)
- Styling (simplicity works best, is it ageing well?)
- Design Focus (is it clear what the objectives were and how well does it succeed in achieving them?)
- Historical Context (looking back, was it the first, the last, the best?)
- Owner Community (are they enthusiastic, knowledgeable, committed?)
- Scarcity (the fewer the better - see E-type vs 250GTO)
- Desirability when new (is there a demographic wanting to own it in later life?).
- Breeding (manufacturer, race history, cudos by association)
Clearly the Insight doesn't score full marks in all areas, but there are grounds for optimism. And if we're wrong, we still get 70MPG.