06-20-2012, 08:24 PM | #71 | |
Drives: . Join Date: Mar 2012
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06-20-2012, 08:27 PM | #72 |
Drives: 2010 Black Camaro 2SS/RS Join Date: Aug 2009
Location: USA
Posts: 1,879
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Just MO:
I didn't buy this car for it to just sit in hopes that one day it will be collectable. I bought it to drive it and have fun with it. If you drive it you experience the joy, speed, and performance that is Camaro. If it just sits in your garage, you have a $40,000 hunk of metal, rubber and plastic, nice to look at but ultimately you're missing out on the whole point of why you would even 'collect' this car. If you are fulfilling the dream of someone you love, such as a great-grandson or what have you, fine (cross your fingers he likes classic cars, and don't fool yourself that he automatically will.) But otherwise, deprive myself of all this awesome so that someone else might possibly have a pristine classic car one day? No.
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My boyfriend don't mind it. |
06-20-2012, 08:38 PM | #73 |
Drives: 2011 2SS/RS LS3 Join Date: Nov 2011
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I don't think there were ever (except maybe some from the factory that are in museums) any collectible cars that were never driven. So far, I plan to keep my Camaro "forever" and it probably will belong to my son one of these days. Doesn't mean I'm not driving it or enjoying it. And I didn't buy it solely thinking it would be an instant or future classic.
It is posssible to plan to care for a car for many years and still be in excellent condition years later. I knew before I bought it that it wouldn't be a daily driver, or grocery getter. I wouldn't use my car any differently if I knew for a fact it would never be a "collectable". If it does turn out to be that way, it'll be my kid's "problem". |
06-20-2012, 08:41 PM | #74 | |
Camaro6 2016-2018
Drives: sometimes Join Date: Mar 2008
Location: Phoenix
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06-20-2012, 09:06 PM | #75 |
Drives: Camaro Justice Join Date: Jun 2007
Location: Virginia
Posts: 20,174
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Everything is collectable. The variable is how many years it takes for the item to increase in value. Model Ts, all black...
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06-20-2012, 09:23 PM | #76 |
Older than I look....
Drives: 2010 VR Camaro 2SS/RS LS3 Join Date: Feb 2011
Location: Washington
Posts: 6,481
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It really doesn't matter to me, since I'm making plans to be buried in it. On the off chance my family decides not to honor my wishes, I'll leave the chiclets on - just in case
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High Heels and Fast Wheels!!
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06-20-2012, 09:26 PM | #77 |
Would rather be riding
Drives: No car no more Join Date: Jul 2009
Location: Indiana
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If YOU don't enjoy the car, and in 20 years it still has low miles, then it will be worth something to someone.
Is it worth it dragging it around taking space in the garage for 20 years so you can recollect what you paid? Or will you restore it after you wear it out and hope for big bucks? Most non-special restored cars that go across the block don't sell for enough to cover the cost to restore. The 82 Mustang GT and GM F body cars started all this crap again after the fuel crisis of the 70's that brought us a lot of crappy cars. They are historic cars, they brought back performance....sorta. These cars if clean and original will bring $5000, that's less then they were new. |
06-20-2012, 09:30 PM | #78 |
7 year Cancer Survivor!
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Untrue. To quote Mike Wolfe of American Pickers, "Not everything old is collectible". First you need somebody to want it. Can you ever imagine a Yugo being worth more than it cost new? Heck they weren't worth that much when they WERE NEW!
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06-20-2012, 09:41 PM | #79 |
Drives: Camaro Justice Join Date: Jun 2007
Location: Virginia
Posts: 20,174
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Auto Sales 101 -- There is a seat for every axx and an axx for every seat
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06-20-2012, 11:11 PM | #80 | |
Account Suspended
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06-21-2012, 12:27 AM | #81 |
Drives: 2013 SS Join Date: May 2011
Location: Tennessee
Posts: 350
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$3000 in 1970 is about like $ 16-$18k today adjusted for inflation. If you had invested that $3000 back in 1970 and earned a modest %7 return over that time it would be worth $61,910.33 today. It would have outperformed most all cars, especially when you factor in the cost of maintenance and upkeep on the vehicle over those 42 years.
Just for giggles at %9 your $3000 would be worth over $150k. Cars are not investments, they are consumables.
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2013 model 2SS LS3
1969 model wife. Factory stock, no mods. Redhead package. 2005 model son. Special ordered with the hell on wheels package. |
06-21-2012, 06:55 AM | #82 | |
Drives: Hall of Fame Join Date: May 2010
Location: SC
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Quote:
I've been an idiot making money off classic cars for 33 yrs. Never mind the hundred of thousands of dollars I lost in the stock market a few years back. Making a general statement is priceless on the web . |
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06-21-2012, 07:02 AM | #83 |
7 year Cancer Survivor!
Drives: 17 Cruze RS, 07 G6 GT, 99 Astro Join Date: Dec 2007
Location: East Tennessee
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How many we're new when you bought them?
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Cancer's a bitch! Enjoy life while you can! LIVE, LOVE, DRIVE...
The Bird is the word! |
06-21-2012, 07:24 AM | #84 |
Drives: 2016 Hyper Blue & 2017 SS White Join Date: May 2012
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Keep in mind, what is considered collectible 40 years from now depends upon the individual. Watch some instances on Barrett-Jackson. A car you would think is worth some serious coin only goes for 40k. But the next car in line that has a different color scheme sells for 100k. Whats the difference? Someone recalled their youth 40 years ago and either had that car or really wanted but couldn't afford it. Now that they have the means, they will do almost anything to get it.
Enjoy the car for now, that's what they are made for. If you can manage not to wrap it around a tree, sell or trade it in, and can maintain it "daily", it will be worth something in the future. Realistically, most of us will say in 40 years that we had a 2010-2013 Camaro but got rid of it. "Man, I wish I still had that car!" |
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