Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - Camaro5.com
 
Roto-Fab
Go Back   Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - Camaro5.com > Specific Models / Packages > Camaro Convertible Forum


Reply
 
Thread Tools
Old 05-14-2011, 07:43 AM   #1
ambientweather
 
ambientweather's Avatar
 
Drives: 2011 Convertible 2SS
Join Date: Jan 2011
Location: Phoenix, AZ
Posts: 265
Will the 2011 Convertible Camaro Become a Collector Car?

I know you have all given this some thought. Do you think the 2011 Convertible Camaro will become a collector car 25 years down the road? I tend to think so, and here is my argument...

1. Limited production run. 2011 was a limited and short production run for the Vert. Chevy is already accepting orders for the 2012. Some colors like RJT have been discontinued because of the Japaneese quake.

2. Classic styling. As I read in a previous article, this car is "classic cool". Some cars look dated, but the 1967-69 still looks fresh. On the other hand, Gen4 (1993-2002) looks dated. Gen5 followed the styling of Gen1.

3. Transformers. The kids of this generation will be the collectors in 25 years, with disposable income.

4. Camaro Gen6. This is the big question. How long will Chevy produce this car until it begins to look stale in the eyes of the consumer.

My advice is to hang on to this car, even if there is a lot of pressure to sell in 10-20 years.
ambientweather is offline   Reply With Quote
Old 05-14-2011, 07:53 AM   #2
IROCanSS
Account Suspended
 
Drives: 89 IROC 350
Join Date: Mar 2009
Location: Back roads, southern Ohio
Posts: 12,504
Quote:
Originally Posted by ambientweather View Post
I know you have all given this some thought. Do you think the 2011 Convertible Camaro will become a collector car 25 years down the road? I tend to think so, and here is my argument...

1. Limited production run. 2011 was a limited and short production run for the Vert. Chevy is already accepting orders for the 2012. Some colors like RJT have been discontinued because of the Japaneese quake.

Orders start June 2 for 2012, production starts beginning of July with pricing released somewhere in between those dates... Unless you read somewhere OFFICIAL they bumped it up... I am looking to get a 2012 45th AE so I am in constant talks with the dealer...

2. Classic styling. As I read in a previous article, this car is "classic cool". Some cars look dated, but the 1967-69 still looks fresh. On the other hand, Gen4 (1993-2002) looks dated. Gen5 followed the styling of Gen1.

dont see how this would make it more valuable... the values of the 4th gens will come around... MAYBE in like 20 more years... MAYBE. Clean 3rd gens are finnaly starting to be something more than a mullet mobile

3. Transformers. The kids of this generation will be the collectors in 25 years, with disposable income.

dont count on it

4. Camaro Gen6. This is the big question. How long will Chevy produce this car until it begins to look stale in the eyes of the consumer.

It will be a while

My advice is to hang on to this car, even if there is a lot of pressure to sell in 10-20 years.

10-20 years it will be like a 4th gen... then it will move to a 3rd gen... then MAYBE in 40 years it will be worth "something".

I wouldn't count on ANY late model, mass produced car EVER being that much of a valuable collectable.... Sure people will collect them, but people also collect bottle caps... which if the EPA and OPEC and powers at be continue, gasoline cars will be less valuable than bottle caps in 40 years!

MORAL OF THE STORY: Drive the wheels off it... sure, take care of it but it wont matter if it has 20 or 200,000 miles on it... ENJOY IT WHILE YOU CAN!
IROCanSS is offline   Reply With Quote
Old 05-14-2011, 08:55 AM   #3
HDRDTD


 
Drives: 2013 Triple Black ZL1 Vert M6 ECF
Join Date: Mar 2011
Location: Trenton, Michigan
Posts: 7,047
Yes the fact that 2011 is the first year of the return of the convertible is a plus, in addition to the fact of the short production run, but.......

I suspect you would need to keep it in pristine low-mileage condition for 25 years or so ideally if you want it to increase in value.
Are you going to be able to refrain from driving and enjoying it for that long?

I suppose if you could afford it, is to buy two. One to enjoy, and one to store.

I've been wanting one of these for the past 40 years since college. What are the odds I have the restraint to park it for 25 years more.
HDRDTD is offline   Reply With Quote
Old 05-14-2011, 10:24 AM   #4
Without Remorse
 
Without Remorse's Avatar
 
Drives: 2011 2SS/RS RJT Convertible
Join Date: Jan 2011
Location: North Carolina
Posts: 375
Quote:
Originally Posted by HDRDTD View Post
Yes the fact that 2011 is the first year of the return of the convertible is a plus, in addition to the fact of the short production run, but.......

I suspect you would need to keep it in pristine low-mileage condition for 25 years or so ideally if you want it to increase in value.
Are you going to be able to refrain from driving and enjoying it for that long?

I suppose if you could afford it, is to buy two. One to enjoy, and one to store.

I've been wanting one of these for the past 40 years since college. What are the odds I have the restraint to park it for 25 years more.
I think it will certainly always be desirable. This is the car that will be credited for "Putting GM back on the map". The styling is just incredible. Car people as well as non-car people can't help but admire. My hunch is that it will be a collector car......

But.....................That doesn't mean that it would pay off to buy one and store it for 30 years. In fact, I would say that would be a bad investment. When you look at the possible appreciation, even if I'm right, factor in inflation, storage costs, time value, etc. etc., you would be better off investing that money in the market.

So, my advice would be to buy one and drive the piss out of it. When you are ready to sell in 10, 15, or 20 years it should maintain its value pretty well. People will say "No, look at what the 10's are selling for used.....". That is a bad argument. There is not a car ever made or ever will be made that didn't have significant depreciation in year 2, 3, etc. How much do you think a '69 was worth in 1970 or 1971?
__________________
What is the one common thread in all of your failed relationships?

Without Remorse is offline   Reply With Quote
Old 05-14-2011, 03:14 PM   #5
RPO_Z28

 
RPO_Z28's Avatar
 
Drives: 2007 C6Z
Join Date: Jan 2009
Location: RVC, New York
Posts: 1,748
No.
__________________
RPO_Z28 is offline   Reply With Quote
Old 05-14-2011, 03:43 PM   #6
fielderLS3


 
fielderLS3's Avatar
 
Drives: 2016 Mazda6, 2011 Mustang 5.0
Join Date: Mar 2010
Location: Portage, Wisconsin
Posts: 4,049
The 5th Gen Camaros will be about as collectible as the 05-09 Mustangs. Similar retro styling, both turned heads their first few years of production, similar production numbers, etc. They may hold their value a little better (depreciate slower) than the average car (RWD sports cars tend to), but if you are looking for an investment, this isn't it.
__________________
2022 1SS 1LE (Arrived 4/29/22)
"The car is the closest thing we will ever create to something that is alive."
. 2022 1SS 1LE (Coming Soon)
fielderLS3 is offline   Reply With Quote
Old 05-15-2011, 04:40 AM   #7
orange-prince
QATAR 2022
 
orange-prince's Avatar
 
Drives: black cts-V coupe a6
Join Date: Apr 2010
Location: doha-qatar ( middle east )
Posts: 983
i don't think any car that run with "GAS" well be classic cuz after 20 or 25 years there is no gas or it well be so expensive so the answer is NO
orange-prince is offline   Reply With Quote
Old 05-15-2011, 08:45 AM   #8
united1

 
united1's Avatar
 
Drives: slpzl585vert.
Join Date: Jan 2011
Location: ma.
Posts: 925
I think it will hold it's value pretty well but it's not worth storing it with the intention of making money on it. Just drive it and try to take good care of it and it will still be worth money and the joy you get from driving it is priceless.
united1 is offline   Reply With Quote
Old 05-15-2011, 09:03 AM   #9
BlackVert
 
BlackVert's Avatar
 
Drives: 2SS/RS LS3, Hurst - Del'd 4/19/11
Join Date: Mar 2011
Location: Los Angeles
Posts: 56
Remember, the 1972 Vega was Motor Trend Car of the Year. At the time, it seemed like a good idea.

Similarly, I think time will show this as just another retro car release. Remember all the fanfare for the PT Cruiser? Now they are only driven by bad drivers on their way to Wal-Mart.
BlackVert is offline   Reply With Quote
Old 05-15-2011, 10:15 AM   #10
gaddied
 
Drives: camaro
Join Date: Dec 2010
Location: egf
Posts: 135
I think it will. This is a muscle car not a PT cruiser or a Vega. When I was young the I also said who would want this 64 chevelle SS 20 years from now or a 69 ss camaro! I have owned a few cars in my day and let me tell you all are selling for BIG BUCKS! The Verts will bring good money over the years. Never say never is what I have learned over the years.
gaddied is offline   Reply With Quote
Old 05-15-2011, 10:26 AM   #11
Camaro2SSLS3
 
Camaro2SSLS3's Avatar
 
Drives: 2010 Camaro 2SS LS3 6 speed IOM/IOM
Join Date: Apr 2010
Location: Oaks,PA
Posts: 730
no. Drive it and enjoy it like it was made to do
Camaro2SSLS3 is offline   Reply With Quote
Old 05-15-2011, 12:14 PM   #12
Number 3
Hail to the King baby!
 
Number 3's Avatar
 
Drives: '19 XT4 2.0T & '22 VW Atlas 2.0T
Join Date: Dec 2008
Location: Illinois
Posts: 12,156
A couple of factors for collectability, rareness and condition.

The convertible won't be "rare". There should easily be 10,000 plus 2011s on the road. Is there a rare option that would make your car 1 of 50? No, GM doesn't build cars with a clean sheet ordering process like they used to which could create some rare option. Does it have a rare powertrain? No. Having an option like the disc brake package which I understand is one of the differentiators between a $40,000 69 Z28 and a $100,000 Z28 isn't really possible today.

Condition. Well, as said above, you can store it, or you can drive it and restore it. But I can assure you most of the high dollar cars you see are barely getting the restoration costs back. Rebuilding a car from the body up is not a cheap proposition.

And lastly, you have to go 40 to 50 years, not 25 to get any real money. 25 years ago was 1986. How much does a low mileage mint 86 Camaro go for these days?

Lastly, even if you had all of the above going for you, you would still be far better of investing the cash than counting on your Camaro to provide a financial windfall.

Drive it and enjoy it.
__________________
"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley
Number 3 is offline   Reply With Quote
Old 05-15-2011, 04:23 PM   #13
ambientweather
 
ambientweather's Avatar
 
Drives: 2011 Convertible 2SS
Join Date: Jan 2011
Location: Phoenix, AZ
Posts: 265
Quote:
Originally Posted by Number 3 View Post
A couple of factors for collectability, rareness and condition.

The convertible won't be "rare". There should easily be 10,000 plus 2011s on the road. Is there a rare option that would make your car 1 of 50? No, GM doesn't build cars with a clean sheet ordering process like they used to which could create some rare option. Does it have a rare powertrain? No. Having an option like the disc brake package which I understand is one of the differentiators between a $40,000 69 Z28 and a $100,000 Z28 isn't really possible today.

Condition. Well, as said above, you can store it, or you can drive it and restore it. But I can assure you most of the high dollar cars you see are barely getting the restoration costs back. Rebuilding a car from the body up is not a cheap proposition.

And lastly, you have to go 40 to 50 years, not 25 to get any real money. 25 years ago was 1986. How much does a low mileage mint 86 Camaro go for these days?

Lastly, even if you had all of the above going for you, you would still be far better of investing the cash than counting on your Camaro to provide a financial windfall.

Drive it and enjoy it.
Never implied I would store it for 20 years, I plan on driving the snot out of it but keeping it for a long time. It is never a good idea to buy a car and garage it, they are never great investments. I am just saying it should have a nice resale value. In Arizona, the weather is dry and the car is always garaged... they don't rust and require little restoration.
ambientweather is offline   Reply With Quote
Old 05-15-2011, 05:11 PM   #14
coolman
Guest
 

Join Date: Jun 2009
Location: PA
Posts: 4,812
I believe that the only cars that have any chance of being collectable now a days are the ones that are very special and very limited production like the ZL1, GT500(2010 and up),ZR1 and Z06 vettes and other cars of this type ,but as far as the standard camaro whether it's a coupe or a convertible, I think most will end up being refrigerators and toasters.
coolman is offline   Reply With Quote
 
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
2011 Camaro Convertible and Coupe Pricing Guide JoeP@TeamBeckyD Camaro Price | Ordering | Tracking | Dealers Discussions 87 08-31-2011 06:29 PM
First 2011 Camaro Convertible Review (by Motor Trend)! Tran Camaro Convertible Forum 108 01-12-2011 06:12 PM
Modern Camaro Performance - Lowest Prices Anywhere! PartsTaxi.com Sponsor Announcements / Giveaways / Contests 0 11-03-2010 10:50 AM
2nd Production 2011 Camaro Convertible to be auctioned on 24th! iPODFAN11 Camaro Convertible Forum 43 09-26-2010 03:21 PM
2011 Camaro Convertible too far away? Bring your Camaro to NCE. black_camaro_SS 5th Gen Camaro SS LS LT General Discussions 55 08-01-2009 11:11 AM


All times are GMT -5. The time now is 04:56 AM.


Powered by vBulletin® Version 3.8.9 Beta 4
Copyright ©2000 - 2024, vBulletin Solutions, Inc.