How long till these cars gain value?

[jd10013]

Originally Posted by CWI

The oil crisis in the 70's was not a matter of oil shortage as much as OPEC would only let us have a certain amount which crove down the availability. The EPA forced the end of the muscle cars. .

carters price controls also played a big part in that along with windfall profit taxes and other poor policy decisions.

the ever increasing cost of insuring muscle cars also played a big part in their demise. there were a lot of factors that brought an end to the muscle cars.

[GEN-IV]

Never. Cars are rarely a good investment, enjoy them!

[ajp]

If and when my car outlives my grand children.

[eymang]

Im wondering what GM has going on for the camaro 50th anniversary. Hopefully more than a 6th gen with badging.

[el ess A]

The paint won't last that long. No, they'll likely NEVER be worth what people think they will be. Some will hold their value longer, like the 4th gen SS's, but they won't be worth 100K or more like some hope they will be.

[el ess A]

Oh, and for those time capsule cars, I recall them talking "collectability" of the ZR-1 Corvette from the 90s back when they announced they were going to stop making them. Oh, they'll double in value! They'll be one hot collectible! etc., etc., etc. They only made like 6900 or so ZR-1s total...yada yada. Same story.

Fast forward to today. A quick search netted a 40th anny Corvette ZR-1, 405 HP, and the asking price was 33,980 with 8,6XX miles on it. Stashed away, etc. Super nice looking for sure. That equates to about a little over 21K in 1993 dollars. The cars went for nearly triple that back then, and today's price is still by the numbers about the same as a Corvette base-model price back then.

Rare does not mean it WILL hold value or increase in value, even when the Nostradamus's of the 90s were saying just the opposite. Time will be the judge.

[upflying]

The COPO is the only one going up in value.

[Cheveey57]

Originally Posted by upflying

The COPO is the only one going up in value.

Not even sure about that. The original copo's had vins and could be driven on the streets. These copo's will raced to death and IF some are saved and mint, who will want them in 20 years? Can't drive them so what good are they as a classic collectible ?

[linc400]

Way too many stupid assumptions here. First, high production and rarity actually have very little to do with value and collectability. A car is rare for one of 3 reasons.

1. Not many could afford it.

2. Production was purposely limited

3. No one wanted it.

Most rare cars are not from 1 & 2, but 3. And if no one wants them now, they still won't be worth anything. Some of the most collected postwar cars are '57 Chevys, Mustangs, Camaros, and Chevelles. These were all high production cars. And no, there are not very few remaining because they were all worn out and junked. There are still way more of them than anything else at a car show. What drives price up is demand, not rarity.

There are other factors as well. If the Gen 6 & 7 look better and have better performance than Gen 5, Gen 5's will be worth a lot less. If Gen 6 & 7 are ugly, lose performance, and are poorly received or never even made, Gen 5 values will level off and start going back up a lot sooner.

Car culture simply is not the same as it used to be either. Through the 1950's-1970's getting your first car was everything. Now that means very little to most younger people. They just drive mom's Prius and are fine with that, or some would rather just have mom drive them everywhere, and not have to bother getting a license, insurance, and paying for a car. Texting, blogging, cell phones, etc. are what they care about now. When collecting cars, many collectors collect the cars from their youth. When today's youth are looking to relive their youth 40 years from now, since cars never mattered that much to them, they might be reliving their youth looking for vintage iPads, not even cars at all.

About the only safe prediction would be to say that Gen 5's should drop in value until they are about 15-20 years old, and then start going back up. And they, along with Mustangs and Challengers, should be worth more and have more collector value than Hyundais, Toyotas, Hondas, and Tauruses from 2010-2015.

[gmen09]

Originally Posted by linc400

Way too many stupid assumptions here. First, high production and rarity actually have very little to do with value and collectability. A car is rare for one of 3 reasons.

1. Not many could afford it.

2. Production was purposely limited

3. No one wanted it.

Most rare cars are not from 1 & 2, but 3. And if no one wants them now, they still won't be worth anything. Some of the most collected postwar cars are '57 Chevys, Mustangs, Camaros, and Chevelles. These were all high production cars. And no, there are not very few remaining because they were all worn out and junked. There are still way more of them than anything else at a car show. What drives price up is demand, not rarity.

There are other factors as well. If the Gen 6 & 7 look better and have better performance than Gen 5, Gen 5's will be worth a lot less. If Gen 6 & 7 are ugly, lose performance, and are poorly received or never even made, Gen 5 values will level off and start going back up a lot sooner.

Car culture simply is not the same as it used to be either. Through the 1950's-1970's getting your first car was everything. Now that means very little to most younger people. They just drive mom's Prius and are fine with that, or some would rather just have mom drive them everywhere, and not have to bother getting a license, insurance, and paying for a car. Texting, blogging, cell phones, etc. are what they care about now. When collecting cars, many collectors collect the cars from their youth. When today's youth are looking to relive their youth 40 years from now, since cars never mattered that much to them, they might be reliving their youth looking for vintage iPads, not even cars at all.

About the only safe prediction would be to say that Gen 5's should drop in value until they are about 15-20 years old, and then start going back up. And they, along with Mustangs and Challengers, should be worth more and have more collector value than Hyundais, Toyotas, Hondas, and Tauruses from 2010-2015.

Definitely the most intelligent and well thought out post I have read. What you wrote is exactly what I was thinking.

[RoadieWingZ]

Originally Posted by GEN-IV

Never. Cars are rarely a good investment, enjoy them!

Bingo! The most valuable aspect of any car is the feelings and memories you have during and after driving them..... Priceless!

Thats what appeals to the collector/owners willing to pay the most for a particular model....an emotional hook from their life related to themselves, Dad, grandpa, etc. My advice is to buy it for how it makes you feel now; not for how much it "might" be worth in the future.
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