General LSX Automobile Discussion Non-technical LSX related topics.

Should we sell now or just keep em?

Thread Tools
 
Search this Thread
 
Old 08-03-2007, 07:41 AM
  #1  
TECH Regular
Thread Starter
iTrader: (2)
 
Tuffguy610's Avatar
 
Join Date: Jul 2005
Location: Broomall, PA
Posts: 438
Likes: 0
Received 0 Likes on 0 Posts

Default Should we sell now or just keep em?

I am just curious about the value of our cars in respect to the release of the new Camaro. The fourth gen LS1 equipped F-bodys will still fetch well over the blue book value, as we all know. But, can this all change with the release of the new Camaro? I feel that everybody wanting to purchase a Camaro with modern V8 power will look no further than the 09' when it is released, making our cars drop in value. What is everybody's take on this?
Old 08-03-2007, 08:27 AM
  #2  
Teching In
 
Nate's4.6's Avatar
 
Join Date: Apr 2007
Location: Clearwater, FL
Posts: 36
Likes: 0
Received 0 Likes on 0 Posts
Default

I think all will drop except anniversary and other limited production cars.
Old 08-03-2007, 09:00 AM
  #3  
TECH Fanatic
 
JohnnyC's Avatar
 
Join Date: May 2005
Location: The 'Burgh, PA
Posts: 1,135
Likes: 0
Received 1 Like on 1 Post
Default

https://ls1tech.com/forums/gen-5-racing-tech/740777-should-we-sell-our-current-f-bodies-now-because-new-camaro-coming-out.html
Old 08-03-2007, 09:49 AM
  #4  
TECH Addict
iTrader: (12)
 
02silvaZ's Avatar
 
Join Date: Jun 2006
Location: Jacksonville, FL
Posts: 2,594
Likes: 0
Received 0 Likes on 0 Posts
Default

i aint gettin rid of mine, i've got too much invested and i just spent more
Old 08-03-2007, 10:54 AM
  #5  
TECH Enthusiast
 
EarlSS's Avatar
 
Join Date: Sep 2006
Location: Burkesville,Kentucky
Posts: 573
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by 02silvaZ
i aint gettin rid of mine, i've got too much invested and i just spent more
+1 I got to much invested in mine to sell it and i'm still spending. Plus i love my car like it was a member of the family.
Old 08-03-2007, 12:37 PM
  #6  
LS1Tech Administrator
iTrader: (3)
 
RPM WS6's Avatar
 
Join Date: Nov 2001
Location: Schiller Park, IL Member: #317
Posts: 32,300
Likes: 0
Received 1,726 Likes on 1,238 Posts

Default

These cars will be worth less in '09 simply because they will be two years older.

Not everyone can afford a brand new $30k Camaro just to get a 400-450hp V8 engine in a nice looking car. But plenty of people can afford to spend $8-12k to get a 350hp V8 (with PLENTY of room to grow) in a nice looking car (albeit older). Therefore, there will still be a market for the 4th gen LS1 cars even once the LS(3?) Camaro is released.
Old 08-03-2007, 12:41 PM
  #7  
Trunion King
iTrader: (16)
 
bene's Avatar
 
Join Date: May 2006
Location: Texan in Colorado
Posts: 4,394
Likes: 0
Received 3 Likes on 2 Posts

Default

I didn't buy my LS1 camaro to sell down the road before it loses good blue book value. If you want to get that kind of car, get something that is ONE of the kind like DH cars, etc.
Old 08-03-2007, 01:06 PM
  #8  
On The Tree
iTrader: (1)
 
Pewter02WS6's Avatar
 
Join Date: Mar 2007
Location: South Carolina
Posts: 183
Likes: 0
Received 0 Likes on 0 Posts
Default

Like RPM WS6 said....they won't be worth as much b/c of the age. Look at the difference in value of our cars between years with the exact same mileage. And if you ask me....I think the trans am may keep a little more value than the camaro if it doesn't go back into production cuz it'll be a slightly more rare car now with the new camaro coming out. Just my .02
Old 08-03-2007, 02:01 PM
  #9  
TECH Fanatic
iTrader: (5)
 
CAMAROZ28SS's Avatar
 
Join Date: Feb 2007
Location: SOUTH FLORIDA
Posts: 1,505
Likes: 0
Received 0 Likes on 0 Posts
Default

im not selling mine. to many memories. and fast and fun
Old 08-03-2007, 02:25 PM
  #10  
TECH Fanatic
iTrader: (6)
 
ReFtheMC's Avatar
 
Join Date: Dec 2006
Location: San Fernando Valley, CA
Posts: 1,474
Received 1 Like on 1 Post

Default

I think your right on the price decreasing but I wouldnt sell mine, if anything I'll buy another one because the prices are gonna be so cheap
Old 08-03-2007, 02:28 PM
  #11  
bsf
TECH Resident
iTrader: (7)
 
bsf's Avatar
 
Join Date: Jun 2005
Location: MI
Posts: 864
Likes: 0
Received 9 Likes on 8 Posts

Default

Originally Posted by 02silvaZ
i aint gettin rid of mine, i've got too much invested and i just spent more
+2, barring a terrific offer for my car or financial tragedy.
Old 08-03-2007, 02:29 PM
  #12  
TECH Addict
iTrader: (12)
 
02silvaZ's Avatar
 
Join Date: Jun 2006
Location: Jacksonville, FL
Posts: 2,594
Likes: 0
Received 0 Likes on 0 Posts
Default

^yeah, money does talk when she is speaking the right language, cha-ching!
Old 08-03-2007, 09:57 PM
  #13  
TECH Apprentice
iTrader: (21)
 
SScott's Avatar
 
Join Date: Aug 2002
Location: CALI
Posts: 374
Likes: 0
Received 0 Likes on 0 Posts
Default

I'm keeping mine as well, I may buy a new one if they come out with an SS
Old 08-03-2007, 11:42 PM
  #14  
TECH Addict
iTrader: (6)
 
Starz T/A 17's Avatar
 
Join Date: Jul 2005
Posts: 2,855
Likes: 0
Received 0 Likes on 0 Posts

Default

IDK, IMO these cars dont really hold there value that well anyways, still great cars and fun as hell but I would never buy one as an investment
Old 08-03-2007, 11:45 PM
  #15  
TECH Addict
iTrader: (8)
 
1meantransam's Avatar
 
Join Date: Feb 2007
Location: Houston/Florida.Currently FL
Posts: 2,138
Likes: 0
Received 0 Likes on 0 Posts

Default

not selling mine, to much invested also, time , sweat, and tears lol
Old 08-04-2007, 01:02 AM
  #16  
LS1Tech Administrator
iTrader: (3)
 
RPM WS6's Avatar
 
Join Date: Nov 2001
Location: Schiller Park, IL Member: #317
Posts: 32,300
Likes: 0
Received 1,726 Likes on 1,238 Posts

Default

Originally Posted by Starz T/A 17
IDK, IMO these cars dont really hold there value that well anyways, still great cars and fun as hell but I would never buy one as an investment


The only 4th gen F-bodies that will truly hold value and significantly appreciate within the collector's circle over the years will be the VERY few '97 Camaro SSs and Firehawks built with the LT4. All the others are common by comparasion.
Old 08-04-2007, 01:07 AM
  #17  
TECH Addict
iTrader: (8)
 
1meantransam's Avatar
 
Join Date: Feb 2007
Location: Houston/Florida.Currently FL
Posts: 2,138
Likes: 0
Received 0 Likes on 0 Posts

Default

and 99 red trans ams man... come on now
Old 08-04-2007, 09:56 AM
  #18  
TECH Junkie
 
NC01TA's Avatar
 
Join Date: Aug 2006
Location: Western North Carolina
Posts: 3,695
Received 518 Likes on 374 Posts

Default

Unless a new Trans Am comes out I don't see a change in price at all for MINT low mileage Trans Ams of any year. Camaros maybe a slight drop.
Old 08-04-2007, 10:14 AM
  #19  
TECH Fanatic
iTrader: (5)
 
Andros's Avatar
 
Join Date: Jan 2005
Location: Southwest Ranches, Florida
Posts: 1,112
Likes: 0
Received 0 Likes on 0 Posts

Default

I'm selling mine when my drivetrain and what not start giving out.
Old 08-04-2007, 10:23 AM
  #20  
TECH Addict
iTrader: (12)
 
02silvaZ's Avatar
 
Join Date: Jun 2006
Location: Jacksonville, FL
Posts: 2,594
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by RPM WS6


The only 4th gen F-bodies that will truly hold value and significantly appreciate within the collector's circle over the years will be the VERY few '97 Camaro SSs and Firehawks built with the LT4. All the others are common by comparasion.
i think the '02 35th SS will hold value, simply because it was the end of the run for the camaro, yes they are coming back out, but '02 was the end of their first run, a car many will consider 'the finally' of a muscle car era, who knows what technology will start getting involved in the new camaro, but the 98-02 run, even though it was the new motor line (LS series), these cars are pretty simple machines in comparison to the mustang and so forth, maybe even the '99 T/A collector car will hold value, thats my .02



All times are GMT -5. The time now is 10:17 PM.