Is this a bad time to sell an LS1 car?
06-15-2008, 10:38 AM
#44
:hmm: same **** happened in the gas "crisis" of 73, people sold their muscle cars for dirt cheap to buy some little toyota, or honda or some other econobox, and regretted it from the instant the title changed hands, I don't care if gas is $10 a gallon, you'll get my T/A when you pry my cold dead fingers from off the steering wheel
Go buy some lil hybrid tin can on wheels, and hate every second behind the wheel, I'll keep my V8, and the smile
Go buy some lil hybrid tin can on wheels, and hate every second behind the wheel, I'll keep my V8, and the smile
06-15-2008, 11:47 AM
#45
i actually thought about selling my ls1 last week because of gas prices. I can afford the gas, but it is a drain on the wallet. I went to a car show on friday and saw some nice ls1 fbodies; it just bought me back into the game.
but honestly, there is no other car on the road that appeals to me (that i can afford that is).
but honestly, there is no other car on the road that appeals to me (that i can afford that is).
06-15-2008, 12:40 PM
#50
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Keep it, I almost traded my T/A in a couple weeks ago, and backed out cause I just cant drive anything other than an F-body. I will pay the gas price, and have a smile on my face.
06-18-2008, 08:19 PM
#53
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Unless in dire straights, Please keep it.
Look at the bottom of my sig for my Buick GS. A long time ago when Big Block Musclecars were only a 2 to 6 years old (like yours) you could'nt sell them easy either. Gas shortage, gas lines, odd even number gas days (based on lic plate last digit).
Sure, Gas was around .40 to.60 cents per gallon. $200 a week was good money for a young guy/gal. It's all relevent.
Flash forward to 2006, and I buy a numbers matching real Bigblock (and not even the best year for HP which for GM was 1970).
I pay a little over $13K. I know what I got was got cheap. Seller to me just bought it cheap from a neighbor needing money, and flipped it for a quick profit. I still bought it cheap compared to how they jumped through last year while now gas was at almost $3.00 (tho as with anything, they have leveled off as of late due to the overall financial market climate) But the real Musclecar prices always come back stronger after markets turn. Gas goes up too.
Well look, every 8-10 years our country goes thru an upheval, finance arena, interest rates, job market, etc. But when the economy comes back, these and your Musclecar will come back stronger.. You got a last year LS1 F-Body car!
Someday when a replacement new Musclecar is $40k (like next year, your car will level off, and then rise in value. Believe it. My Buick or a GTO, Roadrunner, etc. could probably be bought for $1200 in 1978 in the condition it was in when I bought it in 2006 which is decent, with cold A/C, Facrtory Buckets and console, etc. By 1995 they were at around $10k. Of course your car will blow away mine on MPG, but The point is that certain cars grow in value, & you'll be happy you kept yours.
Besides it'll add to your net worth, and you can drive your money to shows, cruise-ins, and insure it or what it's worth or even more $, for just a few hundred a year in most cases
Again, unless you're in Dire Straights? Yo'll miss it or replace it evntually. Just have to ask yourself if you're a car guy is all.....
Look at the bottom of my sig for my Buick GS. A long time ago when Big Block Musclecars were only a 2 to 6 years old (like yours) you could'nt sell them easy either. Gas shortage, gas lines, odd even number gas days (based on lic plate last digit).
Sure, Gas was around .40 to.60 cents per gallon. $200 a week was good money for a young guy/gal. It's all relevent.
Flash forward to 2006, and I buy a numbers matching real Bigblock (and not even the best year for HP which for GM was 1970).
I pay a little over $13K. I know what I got was got cheap. Seller to me just bought it cheap from a neighbor needing money, and flipped it for a quick profit. I still bought it cheap compared to how they jumped through last year while now gas was at almost $3.00 (tho as with anything, they have leveled off as of late due to the overall financial market climate) But the real Musclecar prices always come back stronger after markets turn. Gas goes up too.
Well look, every 8-10 years our country goes thru an upheval, finance arena, interest rates, job market, etc. But when the economy comes back, these and your Musclecar will come back stronger.. You got a last year LS1 F-Body car!
Someday when a replacement new Musclecar is $40k (like next year, your car will level off, and then rise in value. Believe it. My Buick or a GTO, Roadrunner, etc. could probably be bought for $1200 in 1978 in the condition it was in when I bought it in 2006 which is decent, with cold A/C, Facrtory Buckets and console, etc. By 1995 they were at around $10k. Of course your car will blow away mine on MPG, but The point is that certain cars grow in value, & you'll be happy you kept yours.
Besides it'll add to your net worth, and you can drive your money to shows, cruise-ins, and insure it or what it's worth or even more $, for just a few hundred a year in most cases
Again, unless you're in Dire Straights? Yo'll miss it or replace it evntually. Just have to ask yourself if you're a car guy is all.....
Last edited by RapidRick; 06-19-2008 at 08:24 PM.
06-18-2008, 09:47 PM
#54
You guys that are selling these cars because of gas prices are blowing my mind. My last truck was a solid cammed 468 Big Block truck, and other than my company truck, was my daily driver for years. Yall are talking about 15-30 mpg, which is econo box territory, and I was living with premium 4-8 mpg. These things are economy cars! Keep them BECAUSE gas prices are going up.
06-19-2008, 12:29 AM
#55
Listen to the guys who remember the days of 73-74 when people were selling pristine musclecars for $600 and buying econoboxes ... look at the musclecars now. Where are the VW Rabbits?
Yes, you're going to take a big hit trying to sell your car now. Because of that, you're probably not going to save any money driving your new econocar. It'll take a lot of gas savings to recoup the $3000-$4000 hit you'd take on your car to get rid of it.
Experience from the 70's tells us that now is a great time to BUY an LS1 car! And, as others have said, nobody but us understands how amazingly economical these cars can be on gas.
Yes, you're going to take a big hit trying to sell your car now. Because of that, you're probably not going to save any money driving your new econocar. It'll take a lot of gas savings to recoup the $3000-$4000 hit you'd take on your car to get rid of it.
Experience from the 70's tells us that now is a great time to BUY an LS1 car! And, as others have said, nobody but us understands how amazingly economical these cars can be on gas.
