Who wants to buy my '11 Vert for 150k?

[Sevn86]

Im sure color and options will also play a role. For instance a ABM camaro or Synergy Green camaro kept in excellent condition might be more valuable then another color, unless chevy brings back ABM.

[ffrcobra_65]

Originally Posted by Ironheadspearo

i think that without a doubt if you were to have a mint condition 5th gen 40 years from now it too will be fetching a good dollar. anything old in pristine condition brings big money. lets say you paid 34k for a brand new ss and maybe drove it very limited and kept the mileage down to say 20k miles and parked it. that car theoretically could be bringing 100k to maybe alot more depending on inflation and what not. i was watching barrett jackson the other night and it seems many old cars that to me are not that desireable are bringing a minimum of 20k but more like 30k to 80k
for instance karman ghia for 20k not even a convertible and not original
an old panel truck restored nicely was 35k
dodge dart convertible very clean but again not anything super 50k

why wouldnt a really nice 5th gen in 30 years bring a good increase.
if you really have money to toss around i would be buying one and parking it from day one and forget about it. i firmly believe these are the glory days of the muscle car for quite a long time and just like before government regulation will remove these cars off the road.

if one would do that, it would just be foolish. One is much much better off investing the money in a stable fund and leave it alone for 30 years.

[Ironheadspearo]

Originally Posted by Rogue Leader

The thing is, many of those cars are barely beating inflation.

Case in point the 87 Buick GN. Fully loaded was about $17k new in 1987, and WAY more limited than the Camaro will ever be. You can now get one with low miles for around $20k, however Based on inflation alone you would have been better off saving the money as that $17k is almost $32k in today's money. They only made 20,000 Buick Grand Nationals in all of 1987 (and only 8,000 in 86), they will make 20,000 '11 Camaro Convertibles in 3 months.

Another thing to point out is while production numbers of the Camaro are similar now to 1969, Cars (in relation to salary) were MUCH cheaper then. Taking Inflation alone again, a 69 Camaro Z28 loaded would be about $22k today, econobox money. And I know from speaking to my elders that even the hottest cars were treated almost as disposable back then. Hence why clean nice ones are so rare (that and the fact the non galvanized steel rusts like crazy). Now a '10/'11 Camaro SS is more than half the average persons yearly before tax salary. Almost every one of us has a car payment of some sort on this site. I think few if any of us will treat a $36k car as "disposable". And also many people have the same idea - "I'm not gonna make the same mistake as my dad, this will be an investment". Well if you add up all those cars, there will be plenty of clean original ones to choose from, even in 40 years. Excess supply = low demand = price down.

Give that grand national 10 to 15 more years and my guess the prices will shoot up dramatically. for instance

22 years ago when i was 16 just getting my lisence i could have bought a 69 camaro ss off this guy for 12k black with charcoal grey rally stripes, super clean car and basically original condition. now try and buy that car. in 1988 the 69 camaro was 19 years old. now its 40 years old and to find one in that same condition might set you back 50k maybe even more. i saw one out to a show the guy wanted 130k for it. obviously that car for 130k was insane sick but, the older any of this stuff gets the more rare and harder to find.

[67 Convertible]

Muscle cars from the 60's are fetching a good price (depending on the economy) because these were the first cars of a new era. The 60's are gone and that era will never return.

I don't believe the 5th gen Camaros will ever be "classics" that will fetch big money. Of course a low mileage, pristine one will get more money then a crap box 40 years from now, but I think buying one to save for the investment aspect is a losing proposition.

I have an unrestored (repainted) '67 Convertible with 41k original miles. The car is not a trailer queen, but in excellent condition. (see pic to left under my name). Sticker price on this car in 1967 was $2,700. Factoring inflation, sticker would be $18,000 in today's dollars. In the shape it's in, I'd like to get about 28k for it, I might if the right person came along. I bought the '67 to enjoy, not for an investment. Let's say I bought the car brand new, I would have held the car for 45 years to make 10k? Not a good investment........

So even the people who are selling 40 year old cars for what we would consider "big" money now, when you factor in inflation, the investment is just not worth the return. I just don't think that will change with the 5th gens..........JMHO

[Rogue Leader]

Originally Posted by Ironheadspearo

Give that grand national 10 to 15 more years and my guess the prices will shoot up dramatically. for instance

22 years ago when i was 16 just getting my lisence i could have bought a 69 camaro ss off this guy for 12k black with charcoal gey rally stripes, super clean car and basically original. now try and buy that car. in 1988 the 69 was 19 years old. now its 40 years old and to find one in that same condition might set you back 50k maybe even more. the older any of this stuff gets the more rare and harder to find.

Take a look on ebay you can find 69 Camaro SS's in great shape starting at $30k, with the frame off eat off the bottom ones going for around $50k. Then take a look at the rest of what I said, that just based on the original price at say $35k you've only gained $13k. Meanwhile you've stored a car for 40 YEARS. And as I said, while nothing is certain, the rarity of these cars is really a roll of the dice (and not a favorable one) in comparison to cars from the 60's. In the 60's as well these cars dominated the street and EVERYONE loved them. Now you have so many options to go fast and not everyone is a fan.

Just look at the math of it as well. A 69 SS in 2010 Money is about $22k, if you double the value thats $44k which you MAYBE can get (its a stretch). The 87 GN, new in 2010 Money is $31k, and right now only sells for $18k, which means in another 20 years it has to double in value just to be $5k over breaking even. The 69 SS which is arguably more desirable to the general population has barely done that. So is storing a car for 40 years and everything that goes into the cost of that storage worth it to make $5k?

The world is just to different now, the 60's muscle car boom was like catching lightning in a bottle, it won't happen again.

[Sc0rPs]

You'll never see these cars go for what the 69 have, same with most collector stuff. People realized the value of what these classics brought and now most are thinking "If I take care of this it might be worth something", you know keep it in it's box in mint condition. Problem is everyone is doing that.

Second thing is if we even have gas in 40 years it will be $50 a gallon! So take care of it for yourself, don't think today's cars will be worth anything like the classics.

[armysig]

It's going to be simple to predict as time goes by. Supply Vs. Demand. When there are less and less of the 5th gens around, the demand will slowly go up. Who knows when the car will become desirable, but it will happen....One day....

[el ess A]

Originally Posted by Ironheadspearo

Give that grand national 10 to 15 more years and my guess the prices will shoot up dramatically.

Maybe. Maybe not. Remember, even the "mighty" GNX was only a mid 13 second ride. The GNs were closer to 14 seconds. Granted, they're kinda cool for what they are, but they're not the performance beast unless you mod them. Easy to mod, but for that kind of money, you can buy a slightly used 4th gen SS and have it all over the GN in power and handling as the GN rides like a buckboard in comparison.

Technology has caught up with and surpassed the GN. So in reality, buying a GN for posterity would yet be another investing misfire.

We may not even have gasoline in 40 years...proving all this moot.

[nUcLeArEnVoY]

Value is an irrelevant prospect for a car like this for the first couple decades. 35 years from now when it's an official classic is another story.

Saying it won't ever be valuable is probably the same thing people said about Plymouth Cudas or Chevy Camaros when they first came out, but lo and behold... well. You get the picture.

[Edge.128]

if you really want to take a gamble these cars will be worth something buy a second and park it then drive the crap out of your main one and enjoy. as has been pointed out cars are generally money pits that cost more than if you had just put that money into savings..... I highly doubt these will be collectable cars in 40 years but if you do then good for you. i would rather drive mine and enjoy and move on to the next one than to sit on a car for 40 years.

[DarkneSS]

You would be better off investing your money you would have paid on the car in various stock or business ventures. Waiting 50 years for marginal return on investment is so stupid its hard to articulate. You could just take $40,000 and keep investing in governments bonds over and over for 50 years and have way more money than from keeping a car in storage.

[ibeck]

Take the 30-40k you're going to spend on the 5th gen, put it in a bank account with an interest rate and take a look at what you have in there after 40 years. I'm pretty sure it will be worth a lot more than what a 5th gen will be in 40 years, although there is no doubt a 5th gen will be a desirable collector's item in 40 years you're better off with your money in the bank.

[ffrcobra_65]

Originally Posted by DarkneSS

You would be better off investing your money you would have paid on the car in various stock or business ventures. Waiting 50 years for marginal return on investment is so stupid its hard to articulate. You could just take $40,000 and keep investing in governments bonds over and over for 50 years and have way more money than from keeping a car in storage.

Originally Posted by ibeck

Take the 30-40k you're going to spend on the 5th gen, put it in a bank account with an interest rate and take a look at what you have in there after 40 years. I'm pretty sure it will be worth a lot more than what a 5th gen will be in 40 years, although there is no doubt a 5th gen will be a desirable collector's item in 40 years you're better off with your money in the bank.

but some folks just don't have a clue on long term investment and returns but they sure love watching Barrett Jackson

[Rogue Leader]

Originally Posted by ffrcobra_65

but some folks just don't have a clue on long term investment and returns but they sure love watching Barrett Jackson

They don't look beyond that it cost "$3,900" new, and now sells for "$50,000".... So now they think "$36,000" will become "$460,000"

The part they forget is theres 40 years and a boatload of changes in the economy in between, among many other factors.