Does this sound like a good deal?
#1
Thread Starter
9 Second Club
iTrader: (21)
Joined: Mar 2008
Posts: 616
Likes: 0
From: League City, Texas
Does this sound like a good deal?
My friend found an older guy that has an '02 TA WS6 for sale. What's special about this particular one, is that it only has 300 miles! We went to take a look at it today, and it looks brand spanking new. Still had the floor mats wrapped in plastic in the trunk and he had the manual and window sale sticker in the glove compartment.
The guy said he only drove it a few miles every weekend to get the fluids and parts moving. Obviously it's 100% bone stock down to the paper filter. He had it stored in a temperature controlled storage unit on his land.
He's asking $35k for it. I think it would be a perfect collector car, or project car.
The guy said he only drove it a few miles every weekend to get the fluids and parts moving. Obviously it's 100% bone stock down to the paper filter. He had it stored in a temperature controlled storage unit on his land.
He's asking $35k for it. I think it would be a perfect collector car, or project car.
#3
Lets see.. 2011 5.0 with a 6speed and 3:73 gears
Or a 02 TA Ws6 with only 300 miles..
As much as I love TA's I wouldnt have the heart to do anything to the car other then keep it stock, There for I would let more of a car collector buy it.
So for me, id buy a new car and mod it and beat the **** out of it.
But i can see how a car collector would enjoy that car.
Or a 02 TA Ws6 with only 300 miles..
As much as I love TA's I wouldnt have the heart to do anything to the car other then keep it stock, There for I would let more of a car collector buy it.
So for me, id buy a new car and mod it and beat the **** out of it.
But i can see how a car collector would enjoy that car.
#4
The car MSRP'd at the most $32k back in '02. Why would it be worth more now? Sure it's got low miles, and in great condition, but is it a collector's edition? Anything else significant about it?
#5
Thread Starter
9 Second Club
iTrader: (21)
Joined: Mar 2008
Posts: 616
Likes: 0
From: League City, Texas
Also, at the rate these damn kids are totaling F-bodies, it will be even rarer. Hell, by the time I retire, the money I get from it could be a nice little chunk of change.
Trending Topics
#8
I sincerely don't foresee 4th gens going up in value.
Do you have a place to store it? Comparable to how he did? If you don't, you'll have to find a place, and that's money, so already the car (that you wont be driving and you paid more than what MSRP for a NEW one was 9 years ago) is becoming a money pit, and you plan on saving it for 30+ years?
Yikes!
Do you have a place to store it? Comparable to how he did? If you don't, you'll have to find a place, and that's money, so already the car (that you wont be driving and you paid more than what MSRP for a NEW one was 9 years ago) is becoming a money pit, and you plan on saving it for 30+ years?
Yikes!
#9
Thread Starter
9 Second Club
iTrader: (21)
Joined: Mar 2008
Posts: 616
Likes: 0
From: League City, Texas
Yeah, I guess you guys are right. I was hoping it would be worth around 100k after many years due to how many people like it, and how rare it will be. But then I think about all the classic cars that aren't worth that much. I was trying to be optimistic I suppose. (think Plymouth Cuda)
#13
How about you take the $35k, store it in a climate controlled high interest investment for 30-40 years and see what it looks like; I bet it'll be more than the car is worth.
#18
Unless you have 35k laying around, good luck getting a loan on a car almost 10 years old. Will there be value down the road, probably not. everybody wants to say well look what the 1st gens are bringing right now so there is a chance. That is not a good comparison. Most cars from the 60's to early 70's will be the most valuable American cars ever built.