08-16-2014, 10:39 PM | #15 | |
Would rather be riding
Drives: No car no more Join Date: Jul 2009
Location: Indiana
Posts: 2,750
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Quote:
I just watched a You tube where a guy got over a million bucks for an old indian blanket so you never know I guess.
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No dog in this fight anymore.
5th Gen owner 2009-2016. |
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08-16-2014, 10:57 PM | #16 |
Drives: 2011 Camaro 2SS/RS Join Date: Dec 2010
Location: CT
Posts: 2,061
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A while back I watched the Mecum Auctions where they were selling off a collection of 80's & 90's Corvette's, Camaro's, as well as a whole bunch of really cool cars from that period. The cars were never driven, they were stored, fluid removed, even the seats had the protective plastic on them. Out of the 25 or so cars that rolled along the block (and remember that these cars were cherry, stickers still on the windows) not a one of them ever sold for what the sticker price was. So I'd guess as an investment you probably won't make much if anything at all.
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08-16-2014, 10:58 PM | #17 | |
Drives: 2011 Camaro Convertible SS2/RS LS3 Join Date: Jun 2012
Location: Olive Branch, Ms
Posts: 742
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08-16-2014, 11:09 PM | #18 | |
Drives: 2011 Camaro Convertible SS2/RS LS3 Join Date: Jun 2012
Location: Olive Branch, Ms
Posts: 742
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Quote:
I have stories too. I was at the Barrett Jackson in Scottsdale around 96 or so. Just a kid. I saw countless Ferrari go across for less than $30,000. I saw a Testarossa sell for something ridiculous like $25,000. People were just afraid of them. Now. OMG. People don't care if they break down. They just buy them. I saw a mint Delorean sell there when I was 12 for $6000. My house was five minutes away from West World, so we went to the Barrett Jackson every year. As for the three cars I'm looking at. A) I want them. I'm going to drive whichever I buy weekly. I'm going to enjoy the car. B) When I get old, I'm going to sell it. C) So why not buy a car that could potentially sell for the most. |
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08-16-2014, 11:53 PM | #19 |
Drives: Used to have 2010 SGM Join Date: Jul 2010
Location: Charles Town, WV
Posts: 1,314
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Out of your 3 choices the Viper has already taken the biggest hit on the depreciation and there are far fewer of them each year. In 97 (1671) other years much more rare. The Boss (over 4,000 each year), and the ZL1 still have to take some pretty hard hits value wise. Driving any of them will accelerate the devaluing.
Storing, driving, maintenance, and mod choices will make enjoying it versus investment potential not match. |
08-17-2014, 12:02 AM | #20 | |
Engineer of softness-ware
Drives: 2013 2LT RS Join Date: Aug 2013
Location: SoCal/Chicago
Posts: 741
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Quote:
And what cars did your uncle flip to make said fortune? Furthermore, what makes you think the car market is the same as it was when he started flipping cars? Why flip a guaranteed depreciating asset vs something that has a good chance of giving a return for your profit in 30 years? There are other things besides 401ks and stocks you can invest in. You're hearing financial advice because you asked a financial question. It isn't advice either, it's common sense. What you're asking and what reality is, do not compute. |
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08-17-2014, 12:30 AM | #21 |
Pro Hide n Seek Player
Drives: 2010 SS LS3/LSA 620whp/630tq Join Date: May 2009
Location: Tucson, AZ
Posts: 921
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So many people missing the point... just answer his question.
Viper
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620whp/630wtq. ADM LSA Conversion, E85, PFADT Tri-Y Headers into Borla S, PFADT Swaybars, Springs, Links, 20x10 20x11 Forgestar F14s, Lots of AAC |
08-17-2014, 12:31 AM | #22 |
Drives: 2010 Camaro 2SSRS RJT L99 Join Date: Jun 2010
Location: Fort Shaw, Montana
Posts: 1,242
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I think the only chance you would have to make serious money would be to buy new and then never drive the thing and keep it in show room condition for 30 years, then maybe you would make money. Not sure you would make money because it was worth more but likely because the value of the dollar keeps going through the floor.
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Fiftydriver
2010 SSRS, RJTC, L99, Maggie 2300 SC, 3.4" pulley, Roto-Fab CAI, Dynatech Supermaxx LT headers, Dynatech High Flow cats, Corsa Cat back exhaust, Dual Elite Engineering catch can, MSD wires and Jannetty custom tune, JRE custom diff w/ posi mod, 3.91 LPE gears, Pfaht trailing arms, Pfaht trailing arm and Diff bushings, drop springs and sport sway bars front and back, Fesler dual guage pillar pod w/ AM Cobalt Boost and A/F guages. More to come!! |
08-17-2014, 12:49 AM | #23 | |
Drives: 2011 Camaro Convertible SS2/RS LS3 Join Date: Jun 2012
Location: Olive Branch, Ms
Posts: 742
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Quote:
You don't know how big my 401k is. You don't need to worry about my retirement. I'm just genuinely interested in what other car guys think. What are your thoughts and feelings about the three cars I listed? As car guys, I thought people here would have great insight. |
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08-17-2014, 12:52 AM | #24 | |
Drives: 2011 Camaro Convertible SS2/RS LS3 Join Date: Jun 2012
Location: Olive Branch, Ms
Posts: 742
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Quote:
I'm just interested to know which of the three you think will be more classic, more sought after, in 30 years? They'll all be desirable. Which will be the most valuable. |
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08-17-2014, 12:52 AM | #25 |
Drives: 2011 Camaro Convertible SS2/RS LS3 Join Date: Jun 2012
Location: Olive Branch, Ms
Posts: 742
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08-17-2014, 01:49 AM | #26 |
Texas HT5
Drives: IBM Join Date: Oct 2012
Location: Tx
Posts: 1,335
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I would go for the viper
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08-17-2014, 01:50 AM | #27 |
Viper
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08-17-2014, 03:32 AM | #28 |
Drives: 2010 SS L99 IOM Join Date: Aug 2012
Location: CA
Posts: 1,924
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How about a Boss "LS" - should hold its value. But a Viper is a Viper! So I don't know lol
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"Spending money I don't have, to buy parts I don't need, to impress people I don't know!" -Jenkins |
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