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Higher prices? What's going on?

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Old Nov 17, 2011 | 09:59 PM
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Default Higher prices? What's going on?

It seems like every time I look for ls1 f bodies they've gone up in price. I know a year ago I would see them much cheaper. Has something happened to make them much more valuable? If so I wish I'd have kept mine.
I've noticed that prices seem to be higher on this sight than anything local also, but local prices have been going up too.
Has anyone else noticed? Can anyone explain or are people just getting greedier?
Just wondering, thanks
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Old Nov 17, 2011 | 10:17 PM
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Yes, they are now officially becoming a collector car and that means they are getting their price in sales.
Most F bodies in good condition over 10 years old will command a good price now as they are dwindling in availability do to people trashing them in accidents, etc.
If you want one, get one now because they will not go down in price anymore.
The way it's going right now, a year 2000 WS6 in real good condition will be worth over 45k in another 10 years no problem.
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Old Nov 18, 2011 | 07:30 AM
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I've already owned and sold one. I would like to have another one but I wouldn't even consider buying one for some of the prices I'm seeing them for now lol. I'll have to keep my eye on some of the higher priced cars to see if they actually sell. I remember reading more than one article on this site that explained why these cars will never be considered "collector cars". Maybe someone was wrong?
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Old Nov 18, 2011 | 08:00 AM
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it will be sometime before this cars are worth any kind of real money, have f bods came up in price i dont think so what so ever, i know you are talking more of a stock car,but there are fully built cars on this sight that you can steal.12 to 14 will get you a near perfect built f body all day,thats not alot at all imo.
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Old Nov 18, 2011 | 08:17 AM
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I don't consider them as a collector at all. I also don't feel like the prices have gone up much, if any.
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Old Nov 18, 2011 | 08:29 AM
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Originally Posted by TZ2884
I've already owned and sold one. I would like to have another one but I wouldn't even consider buying one for some of the prices I'm seeing them for now lol. I'll have to keep my eye on some of the higher priced cars to see if they actually sell. I remember reading more than one article on this site that explained why these cars will never be considered "collector cars". Maybe someone was wrong?
Did anyone ever think 57 Chevys would be considered collector cars back in the 60s ?
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Old Nov 18, 2011 | 08:32 AM
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Here's something else.
Top dollar will go to the cars that are real kept up and factory stock.
The more "hacking" that is done to these cars will not be attractive to the collector.
If someone buys this car for personal pleasure and hot roding around, fine.
Don't expect it to resale very well though.
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Old Nov 18, 2011 | 08:35 AM
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Originally Posted by Nowhereman
The way it's going right now, a year 2000 WS6 in real good condition will be worth over 45k in another 10 years no problem.


The only way it'd be worth that is if the USD goes hyper inflationary at some point in the next 10 years and a loaf of bread is $500.
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Old Nov 18, 2011 | 09:03 AM
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Originally Posted by evo462


The only way it'd be worth that is if the USD goes hyper inflationary at some point in the next 10 years and a loaf of bread is $500.
And you think it won't LOL
When I was 18 you could buy a Boss 429 hemi mustang for under 12k..
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Old Nov 18, 2011 | 09:20 AM
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Originally Posted by Nowhereman
Here's something else.
Top dollar will go to the cars that are real kept up and factory stock.
The more "hacking" that is done to these cars will not be attractive to the collector.
If someone buys this car for personal pleasure and hot roding around, fine.
Don't expect it to resale very well though.
Exactly. Very good post.
Everyone should just read these posts in this section. Owners of heavily modded cars can't get decent money whatsoever. Most modded 100,000+ miles cars sell for well under $10,000 as they should. You want a nice non-abused low miles stock example of any LS1 F-body you will pay good money. I personally think a 10,000 -20,000 miles car that is in excellent condition is a real buy for a price in the mid to high teens. I'd sure buy one before laying out the same money for a new Kia or GM or Ford 4 cylinder bottom feeder.
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Old Nov 18, 2011 | 11:53 AM
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Originally Posted by Nowhereman
And you think it won't LOL
When I was 18 you could buy a Boss 429 hemi mustang for under 12k..
And how long ago was that?
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Old Nov 18, 2011 | 12:21 PM
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some will go up some will go down. I think the only f bodies that will be worth anything decent in the future, will be 100% stock, low mileage camaro SS or ws6. I cant see a modded z28 or formula worth much. In other words, the f-bodies that are currently worth over 10k right now, might be worth more later on if kept in collectors condition.
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Old Nov 18, 2011 | 07:10 PM
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I've definitely seen an increase in prices, but it may just be because the values of used cars all seem to be up right now.
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Old Nov 19, 2011 | 08:36 AM
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I've been looking a little more today and have come across some pretty decent deals. You all are right though, built cars with lots of money sunk into them are going very cheap.
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Old Nov 19, 2011 | 09:03 AM
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Originally Posted by TZ2884
I've definitely seen an increase in prices, but it may just be because the values of used cars all seem to be up right now.
I believe you have stumbled onto something that has been talked about elsewhere very recently. Motor Trend just had this story on their cover and gave some fascinating examples inside. Very good to excellent condition, low mileage used cars, especially from the dealer lots (CPO - certified pre-owned) are getting very expensive. People are re-thinking laying out $40,000+ for new cars. I gave an example earlier in a post here that I would much rather pay $20,000 for a sub 10,000 miles LS1 Camaro or Trans Am than lay out that same money for a cheap new car. One of the magazine examples, showing new vs used thinking, pointed out that if you do have $40,000 to spend you could buy a new 2012 Mustang GT or a near mint 2008 BMW M3 with very low mileage. That was a $70,000+ car brand new. HMMMM!!! It all depends what you want and what you can live with. If you just have to have that brand new car, then great, but people are picking up on the alternatives.
It is true that deals like this existed in the past but new cars are getting so high right now that more and more people are thinking of the excellent used car choice, more so than ever.
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Old Mar 30, 2012 | 11:16 PM
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Just felt like bringing an old thread back from the dead. This trend is still going on. Still seeing ls1 f bodies priced above normal kbb values. Seems they're getting more and more desirable maybe ?
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Old Mar 31, 2012 | 01:14 AM
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Not that anyone really uses KBB for these cars anymore but book value on my 2000z28 with under 60k went up roughly $1.3k from last March. A little over the 9k mark in good condition and approchi the 10k mark in excellent condition now. Glad I held on to it and didn't sell it for pennies last Spring..

Last edited by PACKERSz28Camaro; Mar 31, 2012 at 01:20 AM.
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Old Mar 31, 2012 | 01:33 AM
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From the cars I and friends have bought over the past 2 years or so on the boards... Most will take up to 2K$ less than what the advertise.

I have no idea why people advertise so high if they will come down so low.

The prices have raised around 1,000$ in the past year for some reason but the people that know these aren't ******* collector cars will still sell them for what they are really worth.
A low mileage BPM formula hard top M6 bare options etc garage kept with 1X,000 miles.. Yea... A black on black M6 fully loaded Ws6, no.
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Old Mar 31, 2012 | 09:44 AM
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Originally Posted by TZ2884
Just felt like bringing an old thread back from the dead. This trend is still going on. Still seeing ls1 f bodies priced above normal kbb values. Seems they're getting more and more desirable maybe ?
Yes, you are right. The pricing won't change either unless gas prices hit $7+ per gallon. The price guides such as KBB or NADA have never tackled these prices well and almost never allow for the premiums that exist in real world sales for the ultra low mileage examples. If you have a mostly stock, very low mileage, 'one or two owner' example (especially a Firebird since it has now been 10 years since made) the prices will rise even further. Just too few around and enough people still want them. With $40,000 price tags being almost 'out of reach' for so many, these well maintained used cars are getting 2nd and 3rd looks, and many owners are pricing them that way. Take a look at 'ultra-low mileage' examples on www.autotrader.com and it will knock your socks off. $20,000 is now almost a steal for a 2002 WS6 with 10,000 miles or so. That's after negotiating too.
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Old Apr 9, 2012 | 05:05 PM
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Originally Posted by Nowhereman
The way it's going right now, a year 2000 WS6 in real good condition will be worth over 45k in another 10 years no problem.
With all due respect, you're out to lunch of you think that'll happen.
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