06-04-2015, 03:14 PM | #85 | |
Drives: 2012 ZL1 Join Date: Feb 2014
Location: Tracy, CA
Posts: 533
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Quote:
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Current car: 2012 ZL1 - "Venom" - *RIP*
Previous car: 2011 2SS - "NCC-1701-A" Previous car: 2010 2SS - "NCC-1701" (Stolen & Stripped)*RIP* |
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06-04-2015, 03:21 PM | #86 | |
Drives: 2012 ZL1 Join Date: Feb 2014
Location: Tracy, CA
Posts: 533
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Quote:
__________________
Current car: 2012 ZL1 - "Venom" - *RIP*
Previous car: 2011 2SS - "NCC-1701-A" Previous car: 2010 2SS - "NCC-1701" (Stolen & Stripped)*RIP* |
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06-04-2015, 03:23 PM | #87 |
Drives: 2014 2SS/RS Camaro Join Date: Dec 2014
Location: Kentucky
Posts: 2,421
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No car is a "good investment", but I do think the 5th Gen will hold it's value much better than most people seem to think. They are beautiful cars, and the 6th Gen isn't quite so retro looking. As Chevrolet moves further away from the retro/muscle look, these cars will become even more popular.
So, yes, prices will drop for a few years, but I don't think they will ever become cheap cars (unless the car is totally beat). Like I said earlier, the 5th gen has already won two awards for best resale value. That isn't going to change overnight. Beautiful, well built, quality cars that are fast... well, they always hold their value. A lot of people would like to own one... that's all it takes.
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2014 2SS/RS, L99, SW LTH w/HF Cats, GMPP Ex. Z/28 CAI, FR41s in PVD Black Chrome, Recaros, Pfadt Sway
377hp, 383tq 12.739@110.44 MPH |
06-04-2015, 03:25 PM | #88 |
SHKE BKE
Drives: 2013 Camaro Join Date: May 2014
Location: SoCal
Posts: 3,108
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Here's one thing everyone always forgets. Keeping cars costs money. More than it'll ever make you.
Even if you had a 1969 camaro back in the day (when it barely cost anything) that money has inflated, so it's still like you spent $20k on it. Let's just pretend you can sell it NOW for $40k. That means it's in great condition, probably original engine/trans if it's gonna be worth that much because even if you put in a better 2010 engine... it's worth less. Now if you have a car in that condition, great. But it's already cost $20k in initial purpose plus more than $20k in keeping it in that well of a condition. It costs money to keep cars. They are never an investment... period. As for holding value, the Camaro I believe was in the top 10 rated a while back. It holds its value alright, but it's definitely not going to shoot up and make you a ton of money. No car does. |
06-04-2015, 03:45 PM | #89 | |
Iatefiberglassinsulation
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Quote:
These cars won't be worth $0, and they will hold value better than most other cars you can buy new for around $40k all in. But there is no chance in hell of them even matching their sticker price unadjusted for inflation, save the 69 COPO's out there and the Z-28's - and both are a maybe.
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2010 Chevrolet Camaro SS - was daily driver, now toy
2020 Alfa Romeo Giulia Quadrifoglio - Daily Driver 2017 Mercedes Benz GLE 350 - Wifes Car 2008 Chevy Silverado 2500 HD LT 6.0 - Tow Vehicle 1991 Alfa Romeo 164S - Project Car 1994 Volkswagen Golf - Race Car "Like" my race team on Facebook: http://www.facebook.com/farfrumwinnin |
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06-04-2015, 04:10 PM | #90 |
7 year Cancer Survivor!
Drives: 17 Cruze RS, 07 G6 GT, 99 Astro Join Date: Dec 2007
Location: East Tennessee
Posts: 21,547
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It's only going to be worth what someone is willing to pay for one....
My car is priceless to me... No plans to sell it or trade it so the future value means nothing to me.
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Cancer's a bitch! Enjoy life while you can! LIVE, LOVE, DRIVE...
The Bird is the word! |
06-04-2015, 04:22 PM | #91 | |
Drives: 2011 IOM 2SS/RS M6 Convertible Join Date: Feb 2014
Location: Southern Illinois
Posts: 1,287
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Quote:
Nobody is suggesting buying a car for the sole reason of reselling it for big bucks, but to think the well taken care of survivors won't be worth something in 30+ years is ridiculous. Every other generation of Camaro has done pretty well in terms of collectibility, I don't see any reason to think the 5th won't be the same... and will likely be moreso.
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06-04-2015, 04:27 PM | #92 | |
Iatefiberglassinsulation
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Quote:
__________________
2010 Chevrolet Camaro SS - was daily driver, now toy
2020 Alfa Romeo Giulia Quadrifoglio - Daily Driver 2017 Mercedes Benz GLE 350 - Wifes Car 2008 Chevy Silverado 2500 HD LT 6.0 - Tow Vehicle 1991 Alfa Romeo 164S - Project Car 1994 Volkswagen Golf - Race Car "Like" my race team on Facebook: http://www.facebook.com/farfrumwinnin |
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06-04-2015, 04:31 PM | #93 | |
Drives: 2011 IOM 2SS/RS M6 Convertible Join Date: Feb 2014
Location: Southern Illinois
Posts: 1,287
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Quote:
again you're suggesting I'm talking about sealing it in a garage and never driving it for the purpose of "flipping it for a profit" that's not the point at all. I don't ever intend to sell either one of these cars, but its still interesting discussion. Anybody buying a car for the sole purpose of investment is a fool, surely we can all agree on that. And "never" is a long time. I'd imagine plenty of people in the 50s and 60s uttered that word when talking about their 2 or 3000 dollar cars that are now worth 10-30 times that.
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Last edited by Chevy_cowboy; 06-04-2015 at 04:44 PM. |
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06-04-2015, 05:13 PM | #94 | |
Drives: 2014 2SS/RS Camaro Join Date: Dec 2014
Location: Kentucky
Posts: 2,421
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Quote:
You don't know that for a fact... All it takes is for one bill to pass in the government. New CAFE regulations and pollution regulations are coming. You can count on it. They will never stop tightening the noose.. Once the V8 is gone from production the same thing will happen to these cars that happened to the 1960's cars. It's not a matter of if, but when. GM and Ford know it too... that's why you are seeing the turbo 4 cylinder engines in production, along with attention to saving weight. The 2nd muscle car generation is almost over.
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2014 2SS/RS, L99, SW LTH w/HF Cats, GMPP Ex. Z/28 CAI, FR41s in PVD Black Chrome, Recaros, Pfadt Sway
377hp, 383tq 12.739@110.44 MPH |
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06-04-2015, 05:13 PM | #95 | |
Iatefiberglassinsulation
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Quote:
__________________
2010 Chevrolet Camaro SS - was daily driver, now toy
2020 Alfa Romeo Giulia Quadrifoglio - Daily Driver 2017 Mercedes Benz GLE 350 - Wifes Car 2008 Chevy Silverado 2500 HD LT 6.0 - Tow Vehicle 1991 Alfa Romeo 164S - Project Car 1994 Volkswagen Golf - Race Car "Like" my race team on Facebook: http://www.facebook.com/farfrumwinnin |
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06-05-2015, 03:30 PM | #96 | |
Drives: 2013 2LT/RS Summit White Join Date: Feb 2011
Location: NY
Posts: 1,283
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Quote:
if an 80s DeLorean could be retrofitted with Mr. Fusion and anti-grav, almost anything is possible!
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06-05-2015, 04:11 PM | #97 |
Drives: 2011 2SS/RS M6 VR Join Date: Aug 2011
Location: Chicagoland
Posts: 1,536
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Tech-saavy kids that know how to use their smartphones and computers does not equal smart kids that can design that stuff. We've left that up to other countries.
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06-05-2015, 05:46 PM | #98 |
7 year Cancer Survivor!
Drives: 17 Cruze RS, 07 G6 GT, 99 Astro Join Date: Dec 2007
Location: East Tennessee
Posts: 21,547
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I would say 9 times out of 10 the cars that bring big money with low miles are not being sold by the person that bought the car originally.
Who knows if you will be around in 40, 30, 20 or even next year. I have already gotten a million dollars worth of enjoyment out of mine. How much enjoyment would I get out of it if it had been sitting in a garage for the last 3 years?
__________________
Cancer's a bitch! Enjoy life while you can! LIVE, LOVE, DRIVE...
The Bird is the word! |
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