Wtf? Is this real?
12-20-2010, 10:40 AM
#23
I know they are rare, but I wouldn't pay that kind of cash for a 4th gen, unless it was made of platinum and diamonds.
They are definitely worth something, just not $150,000 a piece. It's just like any other f-body, except with a bigger motor than stock. These days a 427 will put out to the wheels what this will at the crank. So if you aren't buying it for the power, why buy it at all?
Low mileage? There are low mileage less over-priced f-bodies out there.
Rarity? It's a 4th gen, not a 1st gen. It's still built like ****.
I could build a Camaro with a tall deck 500ci LSX in it for less, and that's 1 of 1. Would you like me to slap a sticker on it for you? I'll only charge $125,000.
They are definitely worth something, just not $150,000 a piece. It's just like any other f-body, except with a bigger motor than stock. These days a 427 will put out to the wheels what this will at the crank. So if you aren't buying it for the power, why buy it at all?
Low mileage? There are low mileage less over-priced f-bodies out there.
Rarity? It's a 4th gen, not a 1st gen. It's still built like ****.
I could build a Camaro with a tall deck 500ci LSX in it for less, and that's 1 of 1. Would you like me to slap a sticker on it for you? I'll only charge $125,000.
Those ZL1s and all COPO cars are worth a fortune today. Like it's been said, there are investment collector cars. Could you take it to the track sure - but then you would be wasting your investment.
I hope I am around in 20 years to see what the ZL1s and Dick Harrells are worth then. I would love to own one of the Dick Harrell cars
12-20-2010, 11:54 AM
#24
Administrator
If someone "invests" $450K for this car and they tucked it away for 40 years, do you really think there would be any profit margin when the time comes to sell it?
Last edited by unit213; 12-20-2010 at 12:07 PM.
12-20-2010, 12:14 PM
#25
12 Second Club
iTrader: (26)
Join Date: Sep 2004
Location: Liberty, MO
Posts: 680
Likes: 0
Received 0 Likes
on
0 Posts
the guy just bought the black one from a member here on tech.
https://ls1tech.com/forums/special-e...s-one-lot.html
https://ls1tech.com/forums/special-e...s-one-lot.html
12-20-2010, 01:47 PM
#27
TECH Enthusiast
iTrader: (7)
Join Date: Jul 2005
Location: Round Rock, Texas
Posts: 723
Likes: 0
Received 0 Likes
on
0 Posts
No kidding, maybe in 30 years they will be worth 450k total, but today they are not. So why would I buy something that is not worth 450k today, in hopes to sell it for 450k in 30 years? After storage, upkeep, and inflation, you would be losing HUGE amounts of money buying them now for 450k and then trying to sell them down the road for that much.
Just makes no sense to me, "buy them now for the low price of what they will actually be worth in another 20-30 years!". Hardly a selling point.
Still, beautiful and rare cars, but it sounds like the owner is trying to cash in his chips far too soon for the asking price shown.
Just makes no sense to me, "buy them now for the low price of what they will actually be worth in another 20-30 years!". Hardly a selling point.
Still, beautiful and rare cars, but it sounds like the owner is trying to cash in his chips far too soon for the asking price shown.
12-20-2010, 02:25 PM
#30
Were they worth a fortune 8 years after they were manufactured? If you consider the rate of inflation and scale it back to that time frame, would they have gone for $450K only 8 years after being produced?
If someone "invests" $450K for this car and they tucked it away for 40 years, do you really think there would be any profit margin when the time comes to sell it?
If someone "invests" $450K for this car and they tucked it away for 40 years, do you really think there would be any profit margin when the time comes to sell it?
And I am not disagreeing entirely with the negative posts here, but there is definitely potential investment opportunity in these cars. Whether they have gone from $9x, xxx. to $150, 000 - probably not yet. But they are only worth what someone is willing to pay. Not having $450, 000 to invest myself makes my opinion useless anyway.
12-20-2010, 03:19 PM
#31
TECH Enthusiast
iTrader: (7)
Join Date: Jul 2005
Location: Round Rock, Texas
Posts: 723
Likes: 0
Received 0 Likes
on
0 Posts
There's 3 cars there
And I am not disagreeing entirely with the negative posts here, but there is definitely potential investment opportunity in these cars. Whether they have gone from $9x, xxx. to $150, 000 - probably not yet. But they are only worth what someone is willing to pay. Not having $450, 000 to invest myself makes my opinion useless anyway.
And I am not disagreeing entirely with the negative posts here, but there is definitely potential investment opportunity in these cars. Whether they have gone from $9x, xxx. to $150, 000 - probably not yet. But they are only worth what someone is willing to pay. Not having $450, 000 to invest myself makes my opinion useless anyway.
Just a huge risk on a very dynamic "investment" which already seems outlandish even for today's market is all I'm saying.
But then again, I'm the guy scouring the market for a C4 ZR1, which is another car that will take a long time to appreciate.
12-20-2010, 03:44 PM
#32
On The Tree
Join Date: Jul 2004
Posts: 108
Likes: 0
Received 0 Likes
on
0 Posts
And i guess we'll have to wait a few decades to see who is right about the value...
Just because you won't pay an ***-load of money for something doesn't mean someone else won't.
I figured everyone would have learned that after the whole 'Virgin Mary Grilled Cheese' thing....$28k for some BS on a 10+year old - half a grilled cheese sandwich, with a bite taken out of it.
So i say these 'catfish' have a chance...it may not be a huge chance but the possibility is there.
If it would I'd sit on that thing til it would have me on the list with Gates and Buffet 
12-20-2010, 06:19 PM
#35
TECH Regular
iTrader: (3)
Join Date: Feb 2009
Location: Mooresville, Indiana
Posts: 430
Likes: 0
Received 0 Likes
on
0 Posts
im thinking about offering 500k because 450k just isnt enough and i would feel guilty paying that little for them
no matter the potential value i couldnt afford half of one of them right now
no matter the potential value i couldnt afford half of one of them right now
