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Old 09-27-2011, 03:50 PM   #43
1BADZL1
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If I go for a ZL1.... I would leave it 100% stock! I too, prefer to keep my cars stock, however I did do an exhaust and intake mod on my SS.
I am pulling for ya man! You gonna get one?
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Old 09-27-2011, 04:00 PM   #44
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Originally Posted by HDDAN View Post
If you do the math and adjust for inflation, very few, I mean very few cars have gained in value. In 1969 when a 1969 ZL1 was new for example, gasoline was $.30 for high test which was all at least 100 octane. A ZL1 was a very expensive car by 1969 standards. That may be one of the few that has gained. If you bought one of the more mundane 396 SS's for about $4,300.00, it would have to be worth at least $75.000.00 to break even. If you invested the $4,300.00, you would have much more than $75,000.00. Cars are toys, not investments. Buy it drive it, enjoy it. Do not hide it away in hopes of it becoming your 401K, bacause that just "aint" gonna happen.
So perfectly true.

In order for there to be value there needs to be demand, increased demand. Even the lowest volume and most sought after Muscle car built in the past 30 years (the 87 Buick GNX) of which only 547 were built barely beats inflation today. It was $29,900 new, which is about $57,000 today, right around the price they show up on eBay for. So if that the case with a car that exclusive, a special color of a car they built 300k of isn't gonna do much for you.

Drive it like you stole it!
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Old 09-27-2011, 04:18 PM   #45
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Old 09-27-2011, 04:25 PM   #46
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Actually it will be #69. But of course, still super rare.
he is saying its the only one in carbon flash
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Old 09-27-2011, 04:29 PM   #47
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There were quite a few Yenkos. The plain Jane looking COPO that they were based on had a lower production number I believe. I think there were actually only 2 COPO Corvettes in '69 as well. Or maybe that was Yenko Corvettes.
thar are less real yenko camaros than copo camaros(i think).

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Old 09-27-2011, 06:50 PM   #48
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Well I'm glad I got a good coversation started
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Old 09-27-2011, 07:01 PM   #49
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Originally Posted by Rogue Leader View Post
So perfectly true.

In order for there to be value there needs to be demand, increased demand. Even the lowest volume and most sought after Muscle car built in the past 30 years (the 87 Buick GNX) of which only 547 were built barely beats inflation today. It was $29,900 new, which is about $57,000 today, right around the price they show up on eBay for. So if that the case with a car that exclusive, a special color of a car they built 300k of isn't gonna do much for you.

Drive it like you stole it!
I would rather buy a car, enjoy it for a few years and then turn around in about 30 years and sell it for twice the amount I paid for it. Instead of investing the 30 grand to turn around and loose it all in the stock market in a matter of months. I'm going to buy a car anyways. So why not buy one that I can make some on instead of one that I loose everything on. I've done okay buying and selling classics over the years. It can make you a little while having maxim fun.
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Old 09-27-2011, 07:15 PM   #50
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Yep I have seen that car,It is green with a black top if I remember correctly.It was for sale at NIAB when I flew out to look at a 69 SS/RS conv. They had. That was probably 15 years ago.
I think this might be it.
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Old 09-27-2011, 10:17 PM   #51
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Talk about a rare car, I know a guy that has a triple black 1999 convertible Camaro w/ 1,500 miles on it. It's been in his garage since he drove it off of the lot. He is thinking about selling it, if interested please PM me and I will give you the guys info.


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Old 09-27-2011, 10:23 PM   #52
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Originally Posted by coolman View Post
I would rather buy a car, enjoy it for a few years and then turn around in about 30 years and sell it for twice the amount I paid for it. Instead of investing the 30 grand to turn around and loose it all in the stock market in a matter of months. I'm going to buy a car anyways. So why not buy one that I can make some on instead of one that I loose everything on. I've done okay buying and selling classics over the years. It can make you a little while having maxim fun.
But thats the thing, you didn't make twice what you paid, you basically broke even on the purchase price, thanks to inflation. But not only that by parking it for 30 years you have the cost of the space to keep it in, the upkeep etc.

Hey if thats your thing to have something like that to enjoy as a museum piece thats fine, but buying it new driving it a bit waiting and selling is not going to make you any money, at best you'll break even as the GNX shows. For money making purposes though, forget the stock market, you could buy something completely safe like savings bonds with the money and make WAY more in less time than you would buying and holding on to the car.

Buying and selling classics after they've become and appreciated or depreciated fully and catching the highs and lows is a completely different story, and even then it takes some work, knowledge, savvy, and just catching the right buyer and market to make money. Completely different than walk into dealer, buy car, wait 30 years, profit.
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Old 09-27-2011, 11:48 PM   #53
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I had a news paper article on this car floating around somewhere in my files...
Ill see if I can dig it up.....
That's a beauty!! Really wish they brought back a dark shade of green like that.
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Old 09-28-2011, 04:28 PM   #54
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I have a bone stock '97 LT4 Z28 SS (30th anniv) - not the rarest out there but one of only 6 Canadian LT4's (106 total LT4's made) with less than 5,000 km. The interesting thing about the LT4's was that it was only the second time in the history of the Camaro that the cost of the option package (ie. LT4) doubled the price of the car! The original ZL-1 option package had a similar price bump I believe. Hardly a good investment though since I could not even recoup the original sticker price at this point. Hopefully the rarity of the car translates into $$ some time in the future.
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Old 09-28-2011, 11:08 PM   #55
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Mine is rare, it's the only one with my VIN no...
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Old 09-28-2011, 11:14 PM   #56
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But thats the thing, you didn't make twice what you paid, you basically broke even on the purchase price, thanks to inflation. But not only that by parking it for 30 years you have the cost of the space to keep it in, the upkeep etc.

Hey if thats your thing to have something like that to enjoy as a museum piece thats fine, but buying it new driving it a bit waiting and selling is not going to make you any money, at best you'll break even as the GNX shows. For money making purposes though, forget the stock market, you could buy something completely safe like savings bonds with the money and make WAY more in less time than you would buying and holding on to the car.

Buying and selling classics after they've become and appreciated or depreciated fully and catching the highs and lows is a completely different story, and even then it takes some work, knowledge, savvy, and just catching the right buyer and market to make money. Completely different than walk into dealer, buy car, wait 30 years, profit.
I fully understand what your saying and your completely right. My point was that for me anyhow, it's about more then just what you see on paper. I do agree though. If you're buying a car ,tucking it away thinking that's it's going to get you to retirement and not enjoying it ,well then you lost more than just money.
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