Why the 5th Generation Camaro will not be a collectable car

[Nessal]

Ummm....no mass produced car made after the 60's are truly "collectible" anyways. Back then, many things were new and had that "special" feeling. This day and age, a car is a car.

[2SS 2011]

Originally Posted by Nvincent4708

did someone really post this thread?

when it becomes the age of say at 69... say 30-40 years old

it'll be something...

the 02 anniversary edition isn't worth anything yet..but will be.. patience people..patience.

Yes I posted it.. The point I'm trying to make is that years ago people rarley kept things like lets say for example baseball cards.. Every guys grandmother threw them out etc.. So then There was a huge collector market.. They were worth thousands.. Now in todays market and the last 20 years baseball cards are worth nothing because everyone and their uncle collects them and there are way too much the market is flooded..

Same with these cars.. Relativley speaking..

[2SS 2011]

Originally Posted by Nessal

Ummm....no mass produced car made after the 60's are truly "collectible" anyways. Back then, many things were new and had that "special" feeling. This day and age, a car is a car.

I totally agree.. and back then like my post above.. people didnt think about collecting like they do now.. It was a rare thing back then..

[ShowSStopper]

Originally Posted by 73camarolt

Where are you finding those 4th gens? When I was looking, a car like that was easily 20k+. The cars in your range were about 30-50k miles.

texashotrides.com, heck Carmax.com, Autotrader, here at the dealership....its not that hard.

[mikeinmobile]

My biggest concern is will all these electronics still work in 30 years and how expensive will they be to replace? You can pull a 70 Camaro out of a barn and maybe get it cranked with some ether and a battery. My plan is to stock pile some of the electronic parts most likely to fail eventually (computer etc.).

[Bonanza7]

Originally Posted by menendez1293

Well look how many mustangs ford made its first couple years and they are still desirable and are worth something.

That's because they were the first of its kind. C5's are not.

[AZCamaroFan]

i do think there is a slight chance that if the fuel economy standards change cars in a big way this generation might become collectible. who knows how things will be in 15 years.
but it's not like you can hang onto your car forever hoping to get 100% of what you paid for it.

[Bell040]

In the year 2057, someone will dig up this old thread and laugh...

... can you believe those idiots back in 2012 (good ole days when you could buy a big V8 in a coupe), those guys had 2010 Camaros with the LS3 engine............And they thought it wouldn't be worth anything.

[AZCamaroFan]

hey i think the late 90s were the good old days. 320hp was damn good....

and buck thirty gas

[slick rick]

Originally Posted by 2SS 2011

It's sad..With the age we live in today.. Superstar people buying 1st of everything.. No real customization of cars or tons of choices to choose from when building your car.. I mean the major difference is either you have the sunroof or not.. Everything is mass produced today.. Back in the day.. They made these cars with the abilty to choose a multitude of diff options from the factory when you order.. Making some cars more desireable than others because each one was different etc.. I love watching the Auto auctions like Mecum etc.. and the various shows on Velocity like What's my car Worth.. Everytime i see one of these cars, it's amazing to me how they can sort of look the same but be entirely different.. like this one came with a less desireable 283 or something or just many diff added options..

I'm just Venting because I love our Camaro's but they have made like 300K plus of these cars since 2010. It wont be worth anything to anyone except myself which is most important. It's just still something to think about

National Automotive History Collection says it will be

http://www.camaro5.com/forums/showthread.php?p=2609298

[Wizard1183]

Originally Posted by AZCamaroFan

hey i think the late 90s were the good old days. 320hp was damn good....

and buck thirty gas

3rd and 4th Gens arent exactly muscle. Sure the 4th Gens had more Hp than the 3rds but both Gens were made during economic changes which is beginning to take place again. So the 5th gen muscle I'd think would be prized later on down the road. Im not going to say our cars will be worth $500k but Id imagine it'll go up to at least what we paid for them. ZL-1s, Id imagine the collector market will be good for them since production will be low on those animals. Question is, how high will the bar be pushed at in producing HP on an economical level? My thoughts are its going to start declining as that of the 80s and 90s going to the twin turbo 4 cyl and 6 cyliders.

[linc400]

I am very interested in collector/antique cars, and there are several things to consider here.

First, each decade of cars takes longer to become collectible. Cars from the 1950's were already considered collectible by the 1970's. 1970's cars took a lot longer (mid-2000's) because of all the negative views on their gas mileage, size, cheaper materials, etc. Even though they are really not much bigger or worse on gas than your average 1959. 1980's cars are considered cheap mass produced crap made by bean counters. It will take even longer for them to get respect as collectibles. And so for 2000+, probably even longer yet.

Second, contrary to what most people think, rare does not mean valuable, and high production does not mean less valuable. Rare is a term everyone likes to throw around. But what it is is much more important than being able to make up a story about how rare it is (only one of 3 in metallic pea, with this engine, and this trans, and this option, on a car that had 300,000 produced for the year.)

Third, baseball cards and toys used to be tossed when people outgrew them. Not many saved mint in box stuff. So now that stuff is worth a lot of money when you find it. So people now save ready made "collectibles" with limited edition printed right on the box. Years from now the market will be flooded with this stuff because everybody saved it mint in box.

A car is different. Even if a few buy it new, put it up on blocks, and never drive it, most will still be driven and subjected to everything that happens to cars. Accidents, not worth an expensive repair, etc. so a lot of these cars will be gone by the time they are 25 years old. So nice stock examples will be worth more than same year Hondas and Toyotas. However, they will also be competing against every other collectible car on the market at that time. Plus there are a lot of electronics and computer stuff on these cars. If no one makes repros of this stuff, you will be screwed.

So basically I would say that Gen 5 Camaros have a much better chance of becoming collectible than most new cars. But only time will tell how valuable they will be because they will still have a lot of competition from older, more easily restored, maintained cars.

[Ringo64]

The 5th gens will become a "classic" or collectible for sure. Just how much they will be sought after and how much will be paid, I don't think it will be something insane.

I guarantee there will be a group of people in the future who treasure cars from 2012 like we treasure cars from the '60s.

[2SS 2011]

Originally Posted by slick rick

National Automotive History Collection says it will be

http://www.camaro5.com/forums/showthread.php?p=2609298

That Just proves my point..

[Bonanza7]

Originally Posted by slick rick

National Automotive History Collection says it will be

http://www.camaro5.com/forums/showthread.php?p=2609298

According to a lot of "so called experts" the '64 Dodge Dart was going to be a big bucks collector car. They don't have any better idea than anyone else. Remember gold would be at over $2k per ounce by now, and silver at $200 per ounce? Sort of like the stock market. So called experts cook up a line, rake in the bucks from those who believe them, then sell when the iron is hot, leaving the Schmucks to take the loss.

[880]

Even if I know my cars will be worth $1 million dollars in 50 years, I still won't save them. I enjoy driving my cars every stinking minute. There's no price tag on that.

Why deprive yourself?

It's not worth it.

[TJ91]

I think 05 mustangs, 5th gen camaros, and 08 challengers are going to be collectibles in 40-50 years because they were retro come back cars. They may not be as rare or as expensive as 1st gen, but they'll definitly be highly prized by people

[Wizard1183]

Originally Posted by linc400

I am very interested in collector/antique cars, and there are several things to consider here.

First, each decade of cars takes longer to become collectible. Cars from the 1950's were already considered collectible by the 1970's. 1970's cars took a lot longer (mid-2000's) because of all the negative views on their gas mileage, size, cheaper materials, etc. Even though they are really not much bigger or worse on gas than your average 1959. 1980's cars are considered cheap mass produced crap made by bean counters. It will take even longer for them to get respect as collectibles. And so for 2000+, probably even longer yet.

Second, contrary to what most people think, rare does not mean valuable, and high production does not mean less valuable. Rare is a term everyone likes to throw around. But what it is is much more important than being able to make up a story about how rare it is (only one of 3 in metallic pea, with this engine, and this trans, and this option, on a car that had 300,000 produced for the year.)

Third, baseball cards and toys used to be tossed when people outgrew them. Not many saved mint in box stuff. So now that stuff is worth a lot of money when you find it. So people now save ready made "collectibles" with limited edition printed right on the box. Years from now the market will be flooded with this stuff because everybody saved it mint in box.

A car is different. Even if a few buy it new, put it up on blocks, and never drive it, most will still be driven and subjected to everything that happens to cars. Accidents, not worth an expensive repair, etc. so a lot of these cars will be gone by the time they are 25 years old. So nice stock examples will be worth more than same year Hondas and Toyotas. However, they will also be competing against every other collectible car on the market at that time. Plus there are a lot of electronics and computer stuff on these cars. If no one makes repros of this stuff, you will be screwed.

So basically I would say that Gen 5 Camaros have a much better chance of becoming collectible than most new cars. But only time will tell how valuable they will be because they will still have a lot of competition from older, more easily restored, maintained cars.

I agree with all what you've said. I do believe there will be reproduction companies for electronic and computer parts. Thing is, its true, its much easier to restore those of old to showroom condition considering theres nothing to these cars. To restore cars of now to showroom quality in 30- 40 yrs shouldnt be that hard to do considering technology is ever increasing and possibly that in 30-40 yr it'll be an electricians nightmare compared to these cars. Some may see it as "I wish they made cars like the like the 5th Gen Camaro where it was easier to work on." where as we say we cant work on much of our own cars compared to those made in yester year.

[Wizard1183]

Originally Posted by Bonanza7

According to a lot of "so called experts" the '64 Dodge Dart was going to be a big bucks collector car. They don't have any better idea than anyone else. Remember gold would be at over $2k per ounce by now, and silver at $200 per ounce? Sort of like the stock market. So called experts cook up a line, rake in the bucks from those who believe them, then sell when the iron is hot, leaving the Schmucks to take the loss.

Considering how your talking about these so called experts, it seems they werent very far off the mark now are they? I havent looked up the original price of a dodge dart, but theyre going for around $10k If thats not big bucks compared to what they spent buying it, I dont know what is? Most of the so called experts hold more salt in their words than just a guy on the street. Its all purely speculation. But if you ever give it some thought, spectators can be pretty spot on. Theyre speculating AAPL to double in stock in a few months to a yr. Now while I find it quite inane for it to double, I do see it as a good buy. Intel seems to be decent but Im a little skeptic considering its stock is at the highest its ever been. Anyway, we're going off the mark here but those speculators have some truth in their words. Those who think differently are the same ppl who owned 60s muscle cars and let them go to shit and wish they couldve done thigns differently. Hindsight is always 20/20

[rarebird]

there are many factors that make a car collectible.. age, popularity during production,design,etc.
there are two main catagories for car.. collector car and then classic car...now go back 30 years ago the option list on a car is nothing compared to what todays cars have... now jump to the future 30 some years.. the 5th gen camaro will be known as the great comeback for GM and they will be desirable in all forms. some in the classic catagory and others in the collector.
a car goes thru stages as it ages... New, modern,used,old, classic, collector. even car insurance companies have realized this. not untill a few years ago could you get premium coverage on a modern limited edition car. Now you can.
Never would I have thought that the AMC Javelin would ever be a collector car... it is. as for cars from the 70s... why has the value of a 77-78 Trans Am almost doubled in the last 5 years. not saying all 70s cars will be collectible... the chevette will never be one.

[Bhobbs]

Originally Posted by mikeinmobile

My biggest concern is will all these electronics still work in 30 years and how expensive will they be to replace? You can pull a 70 Camaro out of a barn and maybe get it cranked with some ether and a battery. My plan is to stock pile some of the electronic parts most likely to fail eventually (computer etc.).

This right here.

[snaphappy]

In 1969 every kid wanted a Camaro. Period. Today these cars sell well at auction because grown men are fulfilling their life-long dream and buying the exact Camaro they lusted over as a kid. It's fantasy, nostalga, a fountain of youth.

What does every little boy want to drive in this day and age? Bumble Bee. Every kid I know has multiple Bumble Bee toys. My nephew calls my red convertible Bumble Bee every time he sees it!

I would bet money that the current generation Camaro will not only be valuable in the future, but the single most saught after car from this era. If it's got a V8, if it's loud, and if it's clean it will be worth a fortune. Every generation has a fountain of youth and for kids today theirs will be Bumble Bee.

[linc400]

Originally Posted by rarebird

there are many factors that make a car collectible.. age, popularity during production,design,etc.
there are two main catagories for car.. collector car and then classic car...now go back 30 years ago the option list on a car is nothing compared to what todays cars have... now jump to the future 30 some years.. the 5th gen camaro will be known as the great comeback for GM and they will be desirable in all forms. some in the classic catagory and others in the collector.
a car goes thru stages as it ages... New, modern,used,old, classic, collector. even car insurance companies have realized this. not untill a few years ago could you get premium coverage on a modern limited edition car. Now you can.
Never would I have thought that the AMC Javelin would ever be a collector car... it is. as for cars from the 70s... why has the value of a 77-78 Trans Am almost doubled in the last 5 years. not saying all 70s cars will be collectible... the chevette will never be one.

Sorry but this is wrong. Where do you get your definition for these terms? There are basically 2 terms for cars. Antique, generally anything 25 years old or older (although some states have different definitions, this is the widely accepted definition). Cars are eligible for special antique license, insurance, and inclusion in some clubs. But generally it does not affect value too much. Car in demand will be worth money, cars that are not will not magically skyrocket in value just because they turned 25.

Collectible, any car that is collected, it may or may not be an antique. There are terms to further differentiate between antiques such as vintage, horseless carriage, brass era, prewar, etc. But they are still all antiques.

The Classic Car Club of America recognizes certain 1925-48 cars that excel in styling, coachbuilding, engineering, and quality materials as Full Classics, and the term is trademarked. Otherwise anybody can call any beat up heap in their driveway a "classic", and it is a meaningless term. Everybody just likes the way it sounds, the same as "rare".


My 1976 Lincoln came in 26 colors, with 20 interior colors, and vinyl top and trim in 20 colors. A mind boggling number of combinations were available. This was a little more than usual because it is a Lincoln, but not at all unusual for the era. It also came with about 40 different options as well as option packages. No new car can compare with the choices of colors and options available 1955-80.

[880]

Originally Posted by snaphappy

In 1969 every kid wanted a Camaro. Period. Today these cars sell well at auction because grown men are fulfilling their life-long dream and buying the exact Camaro they lusted over as a kid. It's fantasy, nostalga, a fountain of youth.

What does every little boy want to drive in this day and age? Bumble Bee. Every kid I know has multiple Bumble Bee toys. My nephew calls my red convertible Bumble Bee every time he sees it!

I would bet money that the current generation Camaro will not only be valuable in the future, but the single most saught after car from this era. If it's got a V8, if it's loud, and if it's clean it will be worth a fortune. Every generation has a fountain of youth and for kids today theirs will be Bumble Bee.

for the next 50 years...

[2SS 2011]

lol