View Poll Results: Will the 4th gens be valuabe some day?
Yes
50
52.08%
No
38
39.58%
Other (explain)
8
8.33%
Voters: 96. You may not vote on this poll
Do you think these cars will be valuable some day?
#21
I bought my numbers match 69 Chevelle SS396 for $4500 about 15 years ago and my 73 Z28 for $1500 about 25 years ago.
Never would have thought they would be worth what they are. Problem with the Z is I tubbed and caged it.
Oh well. Live and learn.
Never would have thought they would be worth what they are. Problem with the Z is I tubbed and caged it.
Oh well. Live and learn.
#24
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Problem is the classic cars going for so much are the first "go-fast" cars. Owning one is like having one of the first in your name. I don't think FBodies will be up there with those prices. All we have is appreciation from other car enthusiasts
#25
Douchebag On The Tree
The first muscle cars were special for the following reasons, and that will never be seen again.
1.They were the first ridiculously fast, powerful cars easily available to the masses.
2.While they made TONS more than they ever made of 4th gens, they didn't last.
-----2a. Powerful cars, **** handling, bias-ply tires...they were wrecked
-----2b. They just weren't made to last like cars are today
-----2c. They were chopped, swapped, etc. into race cars
3. The oil embargo/gas crisis. Once this happened, people generally couldn't afford to drive these cars. Some smart people held onto them, but most sold them quickly in favor of a Toyota.
4. The people that had these cars in their hey-day, or at least day dreamed about them, were finally old enough to be in a position to afford these cars again. If you were 10-20 years old in 1970, you were 30-60 years old when these cars got HUGE in the 90s-00s.
On that last part, that pretty much happens to all the cool cars so far. 2nd gens saw their rise and even 3rd gens prices are starting to come back up. Whatever car was the coolest car to have when you were in high school, that will probably be the car you look for when you hit your mid-life crisis. 4th gen prices are pretty much rock bottom now, but I'm willing to bet in ~10 years they will start to creep back up as people my age (2003 grad) will be hitting around 40 years old.
The problem is they will never hit that level of the original muscle cars simply because of all the other reasons.
A Firehawk you bought for $34,000 in 2002 is probably worth ~$20k now for a low mile, near mint example. Keep it that way for the next 10 to even 20 years and it might hit back to $30k, but they will never be an investment. You won't see the "sold for $3,000 in 1969 and worth $200,000 today!" stuff.
1.They were the first ridiculously fast, powerful cars easily available to the masses.
2.While they made TONS more than they ever made of 4th gens, they didn't last.
-----2a. Powerful cars, **** handling, bias-ply tires...they were wrecked
-----2b. They just weren't made to last like cars are today
-----2c. They were chopped, swapped, etc. into race cars
3. The oil embargo/gas crisis. Once this happened, people generally couldn't afford to drive these cars. Some smart people held onto them, but most sold them quickly in favor of a Toyota.
4. The people that had these cars in their hey-day, or at least day dreamed about them, were finally old enough to be in a position to afford these cars again. If you were 10-20 years old in 1970, you were 30-60 years old when these cars got HUGE in the 90s-00s.
On that last part, that pretty much happens to all the cool cars so far. 2nd gens saw their rise and even 3rd gens prices are starting to come back up. Whatever car was the coolest car to have when you were in high school, that will probably be the car you look for when you hit your mid-life crisis. 4th gen prices are pretty much rock bottom now, but I'm willing to bet in ~10 years they will start to creep back up as people my age (2003 grad) will be hitting around 40 years old.
The problem is they will never hit that level of the original muscle cars simply because of all the other reasons.
A Firehawk you bought for $34,000 in 2002 is probably worth ~$20k now for a low mile, near mint example. Keep it that way for the next 10 to even 20 years and it might hit back to $30k, but they will never be an investment. You won't see the "sold for $3,000 in 1969 and worth $200,000 today!" stuff.
Last edited by justin455; 05-10-2014 at 01:04 AM.
#26
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#28
Douchebag On The Tree
I meant that as you won't see it with 4th gens. Barrett Jackson is ridiculous. Some of their "off hours" stuff sells for fair prices, especially the custom jobs that you know have $40k in them and sell for $20k, but any rare/original/numbers matching car gets blown out of proportion. $80k cars go for double just so everyone can see who has the big dick by virtue of their wallet.
#29
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Do your neighbor's kids think your car is cool???? If yes, then there is a good possibility that when these kids grow up, get jobs & remember their cool neighbor w/ his cool cars they will look to buy one like the one they remember. If they are hard to find then the price will go up.... I know my neighbor's kids are already telling me they want one like mine when they grow up and when they are saying that, they are talking about my '01 Z28 not my other cars one of which is this.......
#30
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I suspect they do exactly as the 98-02 Camaro's did. They will hold their value for a little while then nose dive when the new latest and greatest comes out. There is just nothing that really sets them apart and the build materials aren't made to last like 60's cars were. Yes...I know, rust is a factor but carbon fiber and fiberglass won't make it in a filed or barn for 30 years. I think the appeal of the older generations is the metal body and simple motor set-up and the people that drove them then can afford to buy and restore them now. It will take something amazing by GM to knock the 60's cars off their pedestal.
#31
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People are now paying big bucks for early 60s Rambler station wagons, which makes no sense to anyone living back then. So if a Rambler can be worth a lot of money, there is a good possibility that these may be some day.
#32
TECH Addict
Do your neighbor's kids think your car is cool???? If yes, then there is a good possibility that when these kids grow up, get jobs & remember their cool neighbor w/ his cool cars they will look to buy one like the one they remember. If they are hard to find then the price will go up.... I know my neighbor's kids are already telling me they want one like mine when they grow up and when they are saying that, they are talking about my '01 Z28 not my other cars one of which is this.......
On topic, my kids are 5 & 6, some of my friends kids are starting to hit high school. All of them want a Camaro like mine. They call it a race car and I think they will be looking for these when they are 40-50 years old too.
In short, yes they will be valuable. The question is when, to me, not if. It'll take longer than the muscle car era cars for sure.
#33
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That is one nice deuce coupe!
On topic, my kids are 5 & 6, some of my friends kids are starting to hit high school. All of them want a Camaro like mine. They call it a race car and I think they will be looking for these when they are 40-50 years old too.
In short, yes they will be valuable. The question is when, to me, not if. It'll take longer than the muscle car era cars for sure.
On topic, my kids are 5 & 6, some of my friends kids are starting to hit high school. All of them want a Camaro like mine. They call it a race car and I think they will be looking for these when they are 40-50 years old too.
In short, yes they will be valuable. The question is when, to me, not if. It'll take longer than the muscle car era cars for sure.
#36
to say that there were to many of these cars made is silly imo, look how many mustangs and vettes or camaros were made, eventually most of the cars end up in the bone yard. so the ones that do survive will be few and far between imo
#37
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These cars are becoming similar to how fox bodys are, the very nice ones will still sell for a good amount but for every nice one there are a handful of beat up ones that are cheap and need help which IMO decreases the overall market value of the cars as a whole. Do I think these cars will ever be valuable? Not really, unless you had a 100% mint (a term overused) low mileage car that has been covered and in a garage for a very long time.