I realize this is a rare car, but do you think it'll fetch the 40k the owner is asking? I just don't know how many people want to preserve factory 3rd gen Camaros. That said, in the next I think the bottom is going to fall out of the collector car market in the next couple decades, for all but the most rare, exotic type stuff. So I don't see it as an investment. What do you think? More pics and info here.

 

1990 was the rarest and last of the IROC so it has that going for it. Might also depend on the all options it has but 40k sounds a bit high yet but the day might come

 

That sweet 3rd Gen will surprise me if $25,000 is offered with 39,000 miles on the odometer. The car isn't low mile. If the car had 9,000 miles I think it would take a minor miracle to see a $35,000 offer.

 

$40k? At 39,000 miles? Nice car, but not a chance. There's really nothing to even discuss here, it's a #2 car at absolute best, and it's simply not special/desirable enough to bring $40k at #2 status.

The seller is just a dreamer.

 

I wish this was on eBay, so we could actually see what it goes for. If it goes, that is.

 

$10K-$18K depending on who's bidding.

 

Yes, that reasonable ^^^^

 

8 years ago this 95 miles 'new' one sold for nearly $60k. The seller is hoping the mileage on his is only a $20k deduction. Probably not but it depends who is looking. https://www.barrett-jackson.com/Even...-Z-COUPE-96400

 

^ That is quite possibly the only example left in the country with 2-digit mileage. I doubt anyone buying it for that price would plan to actually use it on public roads; the status-value would drop considerably as it crosses the 3 and, especially, 4-digit mileage thresholds. Personally, I think $60k is too much for a car like that even with only 95 miles (especially scoring only 97/100 points - assuming the car was show prepped prior to the event, what could be wrong to cost this car 3 points at less than 100 miles and 21 years since assembly? Perhaps storage conditions were less than ideal), but I could see the right 3rd gen collector getting carried away over the status of such. I don't think anyone is going to loose their mind over a 39k mile example though, I would think a sale price above $20k for the red one would be all but impossible.

 

Very nice car, it would be worth the asking price with 39 miles or maybe 390 miles, but not 39K miles. Its no longer special at that point. still nice tho.

 

$12K on a good day

 

I agree with the OP; I don't see any of these vehicles holding their value in the future. Only the super exotics or the old school, numbers matching cars will likely be worth anything. The collector car market is quite interesting, what was worth nothing 10 years ago is now the hottest thing. Bottom line is don't buy a car as an investment.

 

Numbers matching is great and is definitely a big value booster in certain applications, but that's not really a "requirement" for classic muscle to have significant value. Clones/tribute restorations, date (or even just era) correct but NOM examples, etc. of popular models have been bringing good money for a couple of decades now, longer in some cases, and I don't see that changing in the foreseeable future (especially with the popularity of Pro-touring builds/late model engine swaps - there's a lot of value just in having a super clean exterior/interior classic "muscle" type car, absent any concern regarding the originality of the drivetrain if it's going to be swapped anyway). But actually making a net profit is a different matter, and in that regard....

....I definitely agree here. The world is full of better ways to invest your money. Even the "classic" car market isn't going to yield greater net profit for most folks than what they otherwise would have seen in a more traditional form of investment.

 

Id say about 24k is about right but what its really worth is in the wallet of the best buyer. Id pay 20k if it that was me, 3rd gen is bay my fav Fbody

 

I agree completely with the last line.

Carnage beyond belief will come in time for the folks concerned about car value. Sadly gas powered cars are going to end up like mechanical watches - a novelty luxury item for the affluent and a very small ultra hardcore group of enthusiastic fanatics We should enjoy our cars and the hobby while it exists as we know it.

Soapbox - on
Aspergers in full swing this morning - rant below.

The electric self driving subscription service car of the future will completely destroy the car market as we know it. Gas powered cars will get the full Hollywood vilification. The symbol of the outcasts that don't hug trees or worship the environment.
​​​​​
Vast majority of all cars have a future date with the grim reaper. As our generation dies off over the next 30 years or so gas cars will loose all value. They are all going in the same recycle bin.

After the enthusiast is gone this will unfold:

"I'm Mr. Crusher, the specialist you called for the auto euthanasia. Looks like that 69 RS/SS was never driven.​​ Pity. They said tell me it's Numbers Matching so it's worth more? That doesn't effect the scrap value of $215, sorry they told you wrong "

The exception will be the older cars that get resto-mod'd into being new fangled self driving, super safe, environmentally friendly electric cars

Sadly seems the way the future trends for the gas powered car.

Soapbox off

 

^ 30 years is a long time out, a lot can happen - including the demise of many of us posting in this thread. Having said that, and as mentioned above, I don't ever personally buy any car as a growth investment, only as a toy or transportation, so I'm not one who is particularly concerned with their distant future value.

Regardless, gasoline isn't going away entirely any time soon. The "vilification" process has already been underway for some time, and while it might appear that a majority are on board, it's actually a minority pushing their agenda with a very loud voice across various forms of media. Ultimately, most folks will drive whatever is most versatile and affordable within their tight budgets, regardless of any rabid propaganda on the topic.

Eventually, ICE vehicles might become similar to hobby watercraft/boats (i.e. not the norm for general transportation but still desired by a small enthusiast community), and gasoline might have to be purchased in drums for home delivery, etc. But that's a long way off, and here's something to consider: The average vehicle age in the US today is nearly 12 years old, assuming this trend continues (which is likely, as average vehicle age has been increasing for years) then a 2019 model will be the "average" car on the road in 2031 or later, and the VAST majority of 2019 models still use an IC engine. It's going to be a long time before ICE cars are no longer used in great quantity as normal transportation devices, and MUCH longer still before any/all hobby purposes for them have been abandoned.

With this in mind, it will be those old "classics" which will be easiest to keep around as toys because they are already exempt from most forms of emissions testing in many/most locations, and don't posses any of the electronics to support data feedback to the OEM (e.g. "Onstar", etc.) or even log or monitor data via an on-board system (such as OBD II). So, for the hobbyist, these may become even more desirable than they are today. Things like "numbers matching" might be much less important than having a VIN and/or build date which is pre-emissions/pre-inspection.

 

Also, when speaking of 30 year changes, let's consider the carburetor; I seem to recall that the last GM engine to still be sold brand new in this format was the Olds 307ci in certain 1990 models. By 1990, EFI was well underway and used in nearly all OEM passenger car applications - so those handful of 307ci cars were really the fringe exception and already dinosaurs at that point. But, ~30 years after the final small handful of OEM carb'ed holds-outs trickled off the assembly line, we can still buy brand new carburetors from several top brands, development and updates still in progress for the enthusiast community, even though it's stone age tech that was long ago abandoned by the OEMs. I think it's very likely that ICE in general will eventually end up traveling a similar path.

 

I agree with RPM, it will take a long time for mainstream transition to electric. The good news is that there is still LOTS of oil in the earth, way more than will be consumed before the mainstream ICE fades away. I plan on burning plenty of cheap 94 octane in my golden years.