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Old 04-10-2013, 03:59 PM   #4
GoldenBear
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Drives: 69 Camaro Z/28, 69 Corvette Conv
Join Date: Jan 2011
Location: San Jose, CA
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Quote:
Originally Posted by slomaro3.4 View Post
^^I think he is looking at them as an investment. A z06 and an SRT8, but it'll be a long time before those start going up in value.
If one wants an investment to will to one's grandchildren, there are many better options than cars.

For example, at the end of 1969 if one had invested $7,200.00, the price a of new 1969 9560 COPO Camaro, in Procter & Gamble, a typical low risk blue chip stock (not a high growth tech stock), and held that stock until today, one would have about $1,074,000. One could buy about 18 new 2013 ZL1s with that amount of money today.
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Current Chevrolets: 1969 Camaro Z/28 -- 1969 427/390 Corvette Convertible -- 1970 350/300 Corvette Convertible -- 2013 Camaro ZL1 Convertible -- CRT / Exposed CF Weave Hood Insert / Suede Package / Polished Wheels / MN6
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