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Originally Posted by SlingShot
VALUE is only determined by the price someone is willing to pay for something ..... To say they will be of more value ?
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You are so right and that is bassed on demand. People will be willing to pay more if more people want it. Who whould have guessed 15 years ago that a beat up old 67 Camaro like this would be so valuable? 100% original. Crazy!
Quote:
Originally Posted by chain1
Are you guys really planning on keeping your Camaros 30-40 years? I would just enjoy it and not worry about what it's going to be worth later.
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You arent?
Now it will be driven, actually we are tking it on a Rte 66 tour, Chicago to Malibu, but we will keep it forever, God willing, right next to the 67 and the 89. They will never be sold and as time goes on, hopefully there will be more FBodys.
Quote:
Originally Posted by DallasRetro
Investment-wise, we'd be better off buying a nice 1st Gen car; They'll always be worth what they cost you, (or more), and the 5th Gen will only be worth $20K in a few years.
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A few years they probably won't be worth jack. The value is a reverse bell curve. Drops very fast then stay in the gutter for a while the starts to gain value again. Look at any car, the Vette for example. You can pick up a really clean C4 for like 8 grand, but who wnats one of those right now? In another 10-15 years, they will be more valuable IF there is even still a big car enthusist hobby...