Boss vs ZL1 vs Viper for Investment

[two_wheel_mayhem]

Originally Posted by snaphappy

Please read comments above. I never said I expected to retire off the car. I said I was hoping to sell it for a profit. My 401K is for my retirement. But thanks

Actually you started a thread fishing for someone to tell you what you want to hear. You are just looking for an excuse to buy another car, that's fine.

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.

[Cam2011]

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.

[snaphappy]

Originally Posted by two_wheel_mayhem

Actually you started a thread fishing for someone to tell you what you want to hear. You are just looking for an excuse to buy another car, that's fine.

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.

No I genuinely want to know how people feel about the Boss vs the ZL1 vs the 2nd gen Viper. Not one person has offered an opinion. They've all tried to give me financial advice.

[snaphappy]

Originally Posted by Cam2011

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.

I can see that. There aren't a lot of great cars from the 90's. I mean, one day, those cars will be more desirable than they are now. But right now is definitely not the time to sell a 90's car.

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.

[ketel0ne]

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.

[Manbearpig]

Originally Posted by snaphappy

I have several friends who make their entire living by flipping cars. My uncle has made his entire fortune by buying and selling planes and cars. He stockpiled muscle cars when no one wanted them and he's selling them now for a fortune.

So cars can be a remarkable investment.

Whether the cars I mentioned will be good investments, that's the question.

But you've got to see where I'm coming from. I'm going to buy a brilliant performance car from the 95-2015 era. I just am. So I'd like to buy a car from that era that will potentially be desirable 30 years from now when I retire. A car that will be a joy to own over the next 30 years, and a joy to sell when the time comes

...

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.

[Dirtdog]

So many people missing the point... just answer his question.

Viper

[Fiftydriver]

Originally Posted by snaphappy

I have a house. It has a garage.

You genuinely don't believe that a Viper GTS will be worth more than 30,000 in 30 years??

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.

[snaphappy]

Originally Posted by Manbearpig

...

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.

My uncle flipped over thirty cars before he graduated from high school. He's just one of those kind of guys. He lives in a mansion one the Mississippi river in Iowa. I'm not him. I'm not looking to make a living doing this. I'll just repeat myself. I'm going to buy one of the three cars I listed. They each appeal to me. I love each so much, I intend to keep it until I'm no longer able to drive it. So I'm wondering which could be potentially worth more in 30 years. It's not an odd question. You don't think about things like that? You don't think about re-sale when you buy something?

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.

[snaphappy]

Originally Posted by Fiftydriver

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.

Anyone who was looking to make serious money, by purchasing one of these muscle cars would be a moron. Serious money doesn't enter into this equation.

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.

[snaphappy]

Originally Posted by Dirtdog

So many people missing the point... just answer his question.

Viper

Hey thanks man!!

[IBM camaro]

I would go for the viper

[RA1987]

Viper

[i2disturbedSS]

How about a Boss "LS" - should hold its value. But a Viper is a Viper! So I don't know lol