General LSX Automobile Discussion Non-technical LSX related topics.
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?

Thread Tools
 
Search this Thread
 
Old 05-15-2014, 08:32 PM
  #41  
TECH Junkie
 
98CayenneT/A's Avatar
 
Join Date: Nov 2013
Location: White Bear, Mn
Posts: 3,886
Received 345 Likes on 237 Posts

Default

Originally Posted by Rise of the Phoenix
I disagree. With as many beat to **** and modified F-Bodies out there, a low mile, stock, well cared for one will be hard to find, which will drive up the value.
I agree, in my opinion a very low mile 100% original and garage stored, the value can only go up, these cars with relatively low miles in good but not great condition stock or somewhat stock are still going for around 9-15 thousand dollars 16 years later, you can't say that about to many domestic vehicles period. So I don't think it's to far fetched for a under 10,000mi garage stored bone stock to bring a pretty penny ten, twenty, thirty years from now
Old 05-15-2014, 08:50 PM
  #42  
TECH Senior Member
iTrader: (4)
 
ULTIMATEORANGESS's Avatar
 
Join Date: Mar 2003
Location: eatontown,nj
Posts: 10,976
Likes: 0
Received 17 Likes on 15 Posts

Default

Originally Posted by Rise of the Phoenix
I disagree. With as many beat to **** and modified F-Bodies out there, a low mile, stock, well cared for one will be hard to find, which will drive up the value.
Originally Posted by 98CayenneT/A
I agree, in my opinion a very low mile 100% original and garage stored, the value can only go up, these cars with relatively low miles in good but not great condition stock or somewhat stock are still going for around 9-15 thousand dollars 16 years later, you can't say that about to many domestic vehicles period. So I don't think it's to far fetched for a under 10,000mi garage stored bone stock to bring a pretty penny ten, twenty, thirty years from now
good luck finding one and waiting that long. even then dont expect it to cost more than it was new.

as you keep saying these will be rare so no these cars overall will not be valuable.
Old 05-16-2014, 10:33 AM
  #43  
Staging Lane
 
hutchman's Avatar
 
Join Date: Dec 2008
Location: La Grande, OR
Posts: 81
Likes: 0
Received 0 Likes on 0 Posts

Default

These may never be a blue chip retirement investment. However, for the smart man who enjoys some performance at a good value, they are like gold. I would submit that you can buy a nice SS for reasonable money, enjoy it, and sell it in the future at little to no loss money wise.

http://www.hagerty.com/valuationtool...port?vc=707496

Haggerty shows the value of these cars to be in a fairly steady increase over the last years. I think that if you are looking for good performance value, these cars are hard to beat.
Old 05-16-2014, 11:54 AM
  #44  
Launching!
iTrader: (3)
 
Justus67's Avatar
 
Join Date: May 2007
Location: Freeport
Posts: 240
Likes: 0
Received 0 Likes on 0 Posts
Default

The market for them right now is such a broad spectrum depending on your geographic location. In Texas you can find one for sale every 10 feet. The further up north you go they become much more sparse. The low miles will start to up more every year and the beaters will be more available. The cost to own right now is great, parts are available and continuing to go down in price. They will never have the appeal of the 60's cars but they will hold a place for collectors later.
Old 05-17-2014, 04:02 PM
  #45  
Staging Lane
 
hutchman's Avatar
 
Join Date: Dec 2008
Location: La Grande, OR
Posts: 81
Likes: 0
Received 0 Likes on 0 Posts

Default

I'm watching Mecum from Indianapolis this afternoon. It occurs to me there is no rhyme or reason to old car collector vehicles....

There was a very nice 69 Corvette just crossed the block. It was a numbers matching, 4 speed, convertible with two tops, and a 300 hp 350. It sold for $24000.

Right behind it was a 58 Impala convertible with a 348, 3 dueces, and a 3 speed on the column. The 58 Chevy is a pig of a car.......one of the worst ever. Yet this 58 sold for $115000.

In my world the prices for these two cars should be reversed.... Maybe the 69/70 Corvettes are a real value.
Old 05-17-2014, 05:03 PM
  #46  
TECH Fanatic
 
Flaring Afro's Avatar
 
Join Date: Oct 2008
Location: VA
Posts: 1,183
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by KingJacobo
I think only rare, stock low mileage ones will be. Even then, not $100k+ like some rare 60s F bodys.

They just didn't revolutionize the way we view cars like back in the 60's. Performance cars were already around, and they made lots of them. I sure hope I'm wrong, but I doubt it.
It's not completely revolutionary, but still the ls1 engine was aluminum and also brought on the lsx generation that followed. People definitely will value it for being the first lsx as there is a big following. The trans am definitely will be worth more than the camaro, unless Pontiac is brought back AND still owned by GM, not bought by someone in china or russia etc like TVR. More and more high schoolers are getting their hands on these cars as the mileage goes up and the price goes down. There's going to be a lot of cars that are either wrecked or modified with stock stuff thrown out, not to mention repaints and mileage/wear put on. I'd guess that certain cars that basically are new with no mileage will sell for $500k+ (considering inflation) in 50 years.

That said, most people on here won't have one worth that much because of their mods and mileage. Mine certainly won't be but I bought it to drive, not as an investment.
Old 05-17-2014, 05:46 PM
  #47  
TECH Senior Member
iTrader: (4)
 
ULTIMATEORANGESS's Avatar
 
Join Date: Mar 2003
Location: eatontown,nj
Posts: 10,976
Likes: 0
Received 17 Likes on 15 Posts

Smile

an ls1 fbody selling for hALF a mill in 50 years?


i might just have to live that long to find out lol.


sorry, i just dont see it,EVER.
Old 05-17-2014, 06:27 PM
  #48  
TECH Fanatic
 
Flaring Afro's Avatar
 
Join Date: Oct 2008
Location: VA
Posts: 1,183
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by ULTIMATEORANGESS
an ls1 fbody selling for hALF a mill in 50 years?


i might just have to live that long to find out lol.


sorry, i just dont see it,EVER.
Car's from the 60s can easily sell for $250k if the right model in perfect condition. $250k now would be equivalent to about $30k in the 60's. $500k 50 years from now could easily be way under what it would be.
Old 05-17-2014, 06:43 PM
  #49  
TECH Senior Member
iTrader: (4)
 
ULTIMATEORANGESS's Avatar
 
Join Date: Mar 2003
Location: eatontown,nj
Posts: 10,976
Likes: 0
Received 17 Likes on 15 Posts

Smile

Originally Posted by Flaring Afro
Car's from the 60s can easily sell for $250k if the right model in perfect condition. $250k now would be equivalent to about $30k in the 60's. $500k 50 years from now could easily be way under what it would be.
i dont see many cars on this list coming anywhere near 250k.


http://www.barrett-jackson.com/appli...=&make=Pontiac
Old 05-17-2014, 06:59 PM
  #50  
TECH Senior Member
iTrader: (27)
 
Rise of the Phoenix's Avatar
 
Join Date: Dec 2009
Location: Jefferson City, MO
Posts: 9,728
Likes: 0
Received 10 Likes on 9 Posts

Default

You can't judge the market today for these cars as to what it will be 30 to 40 years from now. It will be no different from a 1st gen Camaro/Firebird in my opinion. You also need to ralize that 2002 was the LAST year for the Trans Am.
Old 05-17-2014, 07:04 PM
  #51  
TECH Senior Member
iTrader: (4)
 
ULTIMATEORANGESS's Avatar
 
Join Date: Mar 2003
Location: eatontown,nj
Posts: 10,976
Likes: 0
Received 17 Likes on 15 Posts

Smile

Originally Posted by Rise of the Phoenix
You can't judge the market today for these cars as to what it will be 30 to 40 years from now. It will be no different from a 1st gen Camaro/Firebird in my opinion. You also need to ralize that 2002 was the LAST year for the Trans Am.
you are correct. and based on what im seeing older cars go for just makes me believe these cars arent going to be worth what some of us think.


theres CETAs on that list going for much less than they were new.

unless you find one still wrapped in dealer plastic theyre just not going to be worth a lot. sorry, thats just reality.
Old 05-17-2014, 07:08 PM
  #52  
TECH Junkie
iTrader: (6)
 
MonmouthCtyLS7's Avatar
 
Join Date: Jan 2005
Location: Rotonda West Florida
Posts: 3,955
Received 30 Likes on 27 Posts

Default

I get all the enjoyment I need every time I hit the throttle. If I wanted resale value I would have bought something else....
Old 05-17-2014, 07:20 PM
  #53  
TECH Senior Member
iTrader: (4)
 
ULTIMATEORANGESS's Avatar
 
Join Date: Mar 2003
Location: eatontown,nj
Posts: 10,976
Likes: 0
Received 17 Likes on 15 Posts

Smile

Originally Posted by MonmouthCtyLS7
I get all the enjoyment I need every time I hit the throttle. If I wanted resale value I would have bought something else....
thanks for sharing that.
Old 05-17-2014, 07:23 PM
  #54  
TECH Junkie
iTrader: (6)
 
MonmouthCtyLS7's Avatar
 
Join Date: Jan 2005
Location: Rotonda West Florida
Posts: 3,955
Received 30 Likes on 27 Posts

Default

Originally Posted by ULTIMATEORANGESS
thanks for sharing that.
No problem
Old 05-17-2014, 07:43 PM
  #55  
TECH Fanatic
 
Flaring Afro's Avatar
 
Join Date: Oct 2008
Location: VA
Posts: 1,183
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by ULTIMATEORANGESS
i dont see many cars on this list coming anywhere near 250k.


http://www.barrett-jackson.com/appli...=&make=Pontiac
A basically anniversary should be worth a ton because it was the last of the breed. It honestly wouldn't have to be worth much today to hit 500k 50 years from now considering the dollar is worth almost a tenth of what it was in 1960. 500k might be a good deal on a fairly new pre-owned corvette in 2065.
Old 05-17-2014, 07:51 PM
  #56  
TECH Senior Member
iTrader: (4)
 
ULTIMATEORANGESS's Avatar
 
Join Date: Mar 2003
Location: eatontown,nj
Posts: 10,976
Likes: 0
Received 17 Likes on 15 Posts

Smile

Originally Posted by Flaring Afro
A basically anniversary should be worth a ton because it was the last of the breed. It honestly wouldn't have to be worth much today to hit 500k 50 years from now considering the dollar is worth almost a tenth of what it was in 1960. 500k might be a good deal on a fairly new pre-owned corvette in 2065.
based on what these and older cars are going for now i dont see them increasing that much.

if inflation goes up like youre saying ill be living in a used fbody i might have to buy for 500k LMAO.
Old 05-17-2014, 08:27 PM
  #57  
TECH Junkie
iTrader: (6)
 
MonmouthCtyLS7's Avatar
 
Join Date: Jan 2005
Location: Rotonda West Florida
Posts: 3,955
Received 30 Likes on 27 Posts

Default

You also have to remember it was the last of the breed because nobody wanted them...The 60's muscle cars we're killed off because of new federal regulations.
Old 05-17-2014, 08:41 PM
  #58  
TECH Senior Member
iTrader: (4)
 
ULTIMATEORANGESS's Avatar
 
Join Date: Mar 2003
Location: eatontown,nj
Posts: 10,976
Likes: 0
Received 17 Likes on 15 Posts

Smile

theres also no denying 5th gens have and will decrease the value and demand for 4th gens.

them being much more popular isnt arguable since its been the best seller in its class since its inception.
Old 06-22-2014, 08:52 PM
  #59  
Teching In
Thread Starter
 
Bill Smoke's Avatar
 
Join Date: Feb 2014
Posts: 46
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by ULTIMATEORANGESS
theres also no denying 5th gens have and will decrease the value and demand for 4th gens.

them being much more popular isnt arguable since its been the best seller in its class since its inception.
I think you're right. Even a good condition rare 3rd generation doesn't go for much in today's market. It's a 30 year old car, just not sought after, most people think they're ugly today.
Old 06-22-2014, 09:27 PM
  #60  
TECH Senior Member
iTrader: (4)
 
ULTIMATEORANGESS's Avatar
 
Join Date: Mar 2003
Location: eatontown,nj
Posts: 10,976
Likes: 0
Received 17 Likes on 15 Posts

Smile

Originally Posted by Bill Smoke
I think you're right. Even a good condition rare 3rd generation doesn't go for much in today's market. It's a 30 year old car, just not sought after, most people think they're ugly today.
thanks for your delayed confirmation.


Quick Reply: Do you think these cars will be valuable some day?



All times are GMT -5. The time now is 01:18 AM.