View Poll Results: Decrease or Increase in Prices of Current Camaros and Firebirds with new Camaro
Decreased resale of F-bodies with the intro of the new retro Camaro
415
75.18%
Increased resale of F-bodies with the intro of the new retro Camaro
137
24.82%
Voters: 552. You may not vote on this poll
Price Decrease with new Camaros comming out
TECH Resident
Joined: Dec 2002
Posts: 964
Likes: 0
From: Atlanta, GA
Originally Posted by warbird27
that's the dumbest thing i've ever heard. i'm keeping my lt1 forever and will buy an 09 camaro. the only ppl i see doing that are lil high school kids that couldn't afford the ls1, but i dont even see that happening.
Launching!
Joined: Mar 2005
Posts: 228
Likes: 0
From: South OC
As much as I love my LS1 TA, I'm not holding on to it thinking it's going to appreciate one bit. I'll be happy to get rid of it for what I put into it (minus labor), and since it's just a bolt-on, that's not a lot.
Sorry, but value's all perception and people don't percieve F-bodies as being valuable. If they did, it wouldn't have died. Look at the resale on BMWs. I can get a clean F-bod or brand-new Mustang for the price of a ragged-out Beemer and it's not like they don't break down, can out perform F-bods or are that much better interior-wise after 75,000 miles, but that's just the way it is.
Sorry, but value's all perception and people don't percieve F-bodies as being valuable. If they did, it wouldn't have died. Look at the resale on BMWs. I can get a clean F-bod or brand-new Mustang for the price of a ragged-out Beemer and it's not like they don't break down, can out perform F-bods or are that much better interior-wise after 75,000 miles, but that's just the way it is.
i think i was reading that the beamer's arnt doing so wheel in their resale values, as well as the Jag's. but yeah f-bods are only goin to mean something to the diehards...not the rest of the world....sad but true.
I did not vote because I think the resale value will stay constant ( slowly decreasing with time). The fact is not many of our cars were built and not everyone can afford the new Camaro.
If I was 16 to 20 years old in 2008, I would be happy to have a 95 to 02 F bod...there is still decent resale on the 95's and up, I dont see it changing because of the new Camaro.
My first Fbod was a 84 Z 5.0 HO, I happily bought it in 89 even though the IROCS were everywhere with TPI 350's, the 86 and up IROCS were too much for me at the time.
My 02 T/A will stay in the fleet...the new Camaro will just be added, so thats one less 2002 that will be in circulation...its drying up already.
If I was 16 to 20 years old in 2008, I would be happy to have a 95 to 02 F bod...there is still decent resale on the 95's and up, I dont see it changing because of the new Camaro.
My first Fbod was a 84 Z 5.0 HO, I happily bought it in 89 even though the IROCS were everywhere with TPI 350's, the 86 and up IROCS were too much for me at the time.
My 02 T/A will stay in the fleet...the new Camaro will just be added, so thats one less 2002 that will be in circulation...its drying up already.
Staging Lane
Joined: Jan 2004
Posts: 85
Likes: 0
The cars will drop in value since the market will become flooded when the new camaro comes out. But over time it will go back up. People will keep totalling 4th gens or else they will rust out, or become so run down they will be sent to the junk yard. Then nice cars will start appreciating in value. Prob about 15 years from now. Kids that saw them and couldn't afford them when growing up will start to buy the car the lusted after in their youth. And guys like us that had them and sold them will later live to regret it and want a car like i used to have back. It's just how stuff works. The only think i'm worried about is the future of fossil fuel ran cars. And how bad the epa is going to get in the coming years.
at first i didnt like the looks of the 4th gens but they grew on me as i got older, i used to love the 2nd gens (and still do) they resemble each other so well it's scary! but yeah all the little kids around here are always aaawing and oooing when they see my car, some day little fikkers
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Launching!
Joined: Feb 2006
Posts: 274
Likes: 0
From: DeKalb/ Yorkville, IL
I think Camaros will go down in value. The 4th gen Firebirds and Trans Am's are still the latest model. They dont seem to age to me. My 98 still seems like a new design to me. Its still stylish. I hope it stays that way for a while longer.
On The Tree
Joined: Mar 2005
Posts: 112
Likes: 0
I think that most people who bought the ls1 are content with it and plan on keeping it. I know when I bought my LS1 2000 SS their was rumors that the Camaro was going out of production so I figured I better go and get mine while I could still get a new one. I ran right out and bought one, production did not stop for two more years but I’m content with mine. I have a 1978 Z28 also and I have offers constantly to buy it but I’m keeping it. Sometimes I think about selling my car for a new corvette then I go out and look at it and think I’m keeping my car I’ll just buy the vette and add to the collection.
TECH Apprentice
Joined: Jul 2005
Posts: 310
Likes: 0
From: Maryland
Originally Posted by OctaneZ28
I don't think the new one coming out is going to affect the prices of the current cars much.
With a 6 year gap between production, time has done most if it already.
With a 6 year gap between production, time has done most if it already.
Last edited by Deep Blue; Sep 4, 2006 at 10:46 AM.
TECH Regular
Joined: May 2006
Posts: 448
Likes: 0
From: Corvallis, OR
Consider this though..
With the advent of the extremely popular '05 styled Mustangs came a huge after-market/racing/styling/accessory production market. What I mean is you can literally walk into any super market and purchase a magazine full of information for modding your Mustang, installing appearance packages, sup'ing up the engine.. the list goes on--And this is for ALL YEARS of Mustangs.
The f-body's, like the mustang, will be given a new stage.. people will have new found interest. Yes, their prices may fall some, but you can expect a lot of neat things to come for our f-body's if you truely enjoy them. The fun is about to begin.. again!
With the advent of the extremely popular '05 styled Mustangs came a huge after-market/racing/styling/accessory production market. What I mean is you can literally walk into any super market and purchase a magazine full of information for modding your Mustang, installing appearance packages, sup'ing up the engine.. the list goes on--And this is for ALL YEARS of Mustangs.
The f-body's, like the mustang, will be given a new stage.. people will have new found interest. Yes, their prices may fall some, but you can expect a lot of neat things to come for our f-body's if you truely enjoy them. The fun is about to begin.. again!
I guess resale is pretty dependent on area too. A few months ago some guy walked up to me at a show and said he'd give me $28K for my car. In the same breath I said "no thanks I'll hang on to this one." I paid $29K for it back in 2001.
I know the price for the 4th Gen will drop, they always do. Eventually they will go back up. Also you have to remember inflation will make it look like the car price is going throught the roof.
You could get a '69 Camaro back in the day for what $3500. That's insane. The WS6 package cost me $3400 on my car. My dad almost fell over when he saw the option was $3400. "For wheels, tires, a hood and a badge?" he said.
It's all a
match.
What I'm worried about is the state of fossile fuel like OldSchoolSS and the imports eventually being called muscle cars. A FWD 4cyl will NEVER be a muscle car. I got pissed in 97 when Pontiac called the Grand Prix GTP a muscle car, NOPE SORRY!
Don't let this hijack this thread.
I know the price for the 4th Gen will drop, they always do. Eventually they will go back up. Also you have to remember inflation will make it look like the car price is going throught the roof.
You could get a '69 Camaro back in the day for what $3500. That's insane. The WS6 package cost me $3400 on my car. My dad almost fell over when he saw the option was $3400. "For wheels, tires, a hood and a badge?" he said.
It's all a
match.What I'm worried about is the state of fossile fuel like OldSchoolSS and the imports eventually being called muscle cars. A FWD 4cyl will NEVER be a muscle car. I got pissed in 97 when Pontiac called the Grand Prix GTP a muscle car, NOPE SORRY!
Don't let this hijack this thread.
TECH Junkie
Joined: Aug 2006
Posts: 3,913
Likes: 676
From: Western North Carolina
V8's will be history
Originally Posted by OldSchoolSS
The cars will drop in value since the market will become flooded when the new camaro comes out. But over time it will go back up. People will keep totalling 4th gens or else they will rust out, or become so run down they will be sent to the junk yard. Then nice cars will start appreciating in value. Prob about 15 years from now. Kids that saw them and couldn't afford them when growing up will start to buy the car the lusted after in their youth. And guys like us that had them and sold them will later live to regret it and want a car like i used to have back. It's just how stuff works. The only think i'm worried about is the future of fossil fuel ran cars. And how bad the epa is going to get in the coming years.
Originally Posted by BOBA_VETT
As much as I love my LS1 TA, I'm not holding on to it thinking it's going to appreciate one bit. I'll be happy to get rid of it for what I put into it (minus labor), and since it's just a bolt-on, that's not a lot.
Sorry, but value's all perception and people don't percieve F-bodies as being valuable. If they did, it wouldn't have died. Look at the resale on BMWs. I can get a clean F-bod or brand-new Mustang for the price of a ragged-out Beemer and it's not like they don't break down, can out perform F-bods or are that much better interior-wise after 75,000 miles, but that's just the way it is.
Sorry, but value's all perception and people don't percieve F-bodies as being valuable. If they did, it wouldn't have died. Look at the resale on BMWs. I can get a clean F-bod or brand-new Mustang for the price of a ragged-out Beemer and it's not like they don't break down, can out perform F-bods or are that much better interior-wise after 75,000 miles, but that's just the way it is.
Someone gave me this invaluable piece of advice (from Best Buy, ironically): "Nothing becomes obsolete as long as it still does what you want it to." The point is that it gives you a perspective of value we often don't consider. We may not be the "latest and the greatest", but we certainly won't be the oldest and the worst. With that in mind, you should never let the market define your perception on value. Unless A) it's in your favor, or B) we're talking about objects without sentiment.
The new Camaro? I'd love to have one some day.
When my '01 Z28 breaks.