Will all 98-02 Camaro SS's be collectors in the future??
#1
Will all 98-02 Camaro SS's be collectors in the future??
hey guys just curious if 98-02 camaro ss's (all years) be considered a collectors and be worth more in the future then they are now like a 69 camaor ect..please be honest and real thanks guys
#6
Will a 95 z28 be a collector? What about a 84 Berlinetta? The point is no, 98-02 will not be collector cars in the future. The 35th SS with low miles might be in some 20 years but the bottom line is all 4th gens are just another stepping stone in the camaros history. All things considered there's really nothing collectible about these cars, however many years from now original low mileage cars will always be worth alot.
#7
When I asked my old man for a little help in financing the $5,500 he thought I was out of my mind. $5,500 for a used Mustang?
Figuring out what will be truly collectable 10, 15, or 20 years from now is a guessing game. I believe the '98-'02 F-body is a good looking, fun driving sports car. 20 years from now it could be collectable, or it could be obsolete.
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#11
Joined: Nov 2001
Posts: 32,381
Likes: 1,809
From: Schiller Park, IL Member: #317
I have a low mileage mint condition 4th gen because it makes me happy, not because I expect to make a profit on it at any point.
#13
Exactly. Back in the 60's no one thought the GSX's and the Hemi Roadrunners and the LS6 Chevelle's would be worth anything-they were just cars. I picked up my fairly good condition '69 Charger for $2500 back in '94. Muscle cars didn't even start to pick up until the late 90's, but look at them now. Point is, no one knows. Looking at these cars are like any investments-you might have a goldmine on your hands or nothing at all. Personally, I can't see looking beyond 7 days from now, let alone 30 years. If you've got your hands on one I recommend you enjoy it while you're both together. I can guarantee that alot of us won't be around to reap F-body riches when the time comes anyway...
#15
Will a 95 z28 be a collector? What about a 84 Berlinetta? The point is no, 98-02 will not be collector cars in the future. The 35th SS with low miles might be in some 20 years but the bottom line is all 4th gens are just another stepping stone in the camaros history. All things considered there's really nothing collectible about these cars, however many years from now original low mileage cars will always be worth alot.
#16
It all comes down to simple economics and the laws of supply and demand. Right now there depreciating just like any other car because there is an abundant supply of them. Just like 20-30 years ago those older muscle cars were more readily available then they are now, which is why the ones left are holding/increasing in value. Another example look at the last generation Supras, very small quantities were imported to the US so there holding there value. I believe they originally stickered for around 40k in 93k and the same cars are going for 25-30k with 200k on the body.
#18
Another 'car expert' chimes in. (I'm talking about your dad's freind, not you). No one knows the future or what our US dollar will be worth, or even if we have decent gasoline in 20-30 years. If everything remained 'status quo', low mileage excellent condition 'documented' LS1 F-bodies will be collector cars SOME DAY. Young owners that drive them today will absolutely pay good $$ to own one again once their kids are long gone and the nest is empty. Going to car shows and driving the car they grew up with makes it extremely desireable to own, especially a muscle or sports car. This 'middle age' bracket drives the collector car industry. All you young owners out there that love your F-bodies today will drive the collector car industry way down the road. Very few of you will own these cars once you get married or have to sell for whatever reason (kids. finances, whatever). Some of you will want them back and you won't be buying the modded abused examples. You will be buying low mileage stock examples with window stickers and documented history. These existing examples will cost $$$. That's the way it works unless the country changes drastically in ways we can not foresee.
#20
Still remember the story my dad tells me how he had a 1963 Corvette Split window Coupe. Bought it for an everyday driver. Sold it one year later because it was not very reliable and my mom at the time said it's either me or that car. He sold the car and doubled his money in one year. Whoops!