Why i love Classic Cars, it's a question that everybody, you me, Classic Cars enthusiast have done to ourself... I can't explain this axatly but i can tell that there are 3 basic reasons why we love old cars:
1-Experiential aspects: This is basically the five senses (well except taste; I usually try to avoid tasting cars) and asking “what is it like to experience an old car?” This means looking at, driving, hearing, working on, and however else we relate to cars.
2-Social aspects: This is the social events that go with old cars. From the Concours d’Elegance and prestigious rally all the way to the weekend ritual of coffee and telling lies, cars are a way for people to relate to other people. This is also where “geekery” about obscure weird facts (such as the month in which the supplier for an electric fuel pump changed) comes into play.
3-Cultural aspects: This is the history associated with cars. Whether a car belonged to someone famous, changed the way we think about what a car should be or what it can do, or won the Grand Prix of Mumbai and was the Machu Picchu show car, cars have meaning to us because of their ties to the rest of society.
This is what i think in general, and what i've read and talked around online forums, but everybody know what we want from our Old School ;)