02-05-2021, 08:52 AM | #15 |
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This 10 year old car had an MSRP of around $310K:
https://www.cars.com/vehicledetail/d...5422/overview/ Even accounting for inflation, the jump to 1.195M USD is impressive. Never say never |
02-05-2021, 09:00 AM | #16 | |
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Quote:
The Ford GT is another example of an outlier.
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02-05-2021, 09:09 AM | #17 |
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I'm aware, just pointing out the fallacy of using absolutes.
Besides, there are other examples: https://www.cars.com/vehicledetail/d...3751/overview/ MSRP was $34,250 in 2007. And if you want a car that you can buy new today that will go up in value, see if you can snag any of the handfull of M2 CS with a manual and carbon brakes. Let me know in 10 years if I'm wrong! I know, I know.. yeah but but but.... |
02-05-2021, 09:18 AM | #18 | |
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02-05-2021, 09:19 AM | #19 |
Drives: 2023 ZL1 Vert M6 "Sharky" Join Date: Mar 2020
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Cars are a terrible investment plan for the masses.
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02-05-2021, 09:40 AM | #20 |
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I do it with mason jars in the backyard all the time.
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02-05-2021, 09:47 AM | #21 |
Drives: 2023 ZL1 Vert M6 "Sharky" Join Date: Mar 2020
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02-05-2021, 09:47 AM | #22 |
Drives: 21 Bronco Join Date: Jun 2012
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With the exception of some cars like the 5th gen Z/28 or Demon or GT350R or maybe even teh ZLE I will say no. Remember part of what really drove up the prices of the 60/70s cars was the boomer generation reliving their glory days. Also do not forget that what really helps make a classic car worth money is how rare it is. Back in the day if your dealer knew the right people you could really order a one of a kind car because everything was a la carte. You could have ordered a car that might have been like 1 out of 40 in this color with a certain set of options and that is the kind of stuff that makes the classics bring out the big bucks. Hell my dad back in 69 ordered a 442 W-30 in a color that wasn't offered on the 442. that kind of stuff doesn't happen anymore which is why I don't think cars like the SS/GT/392 will be valuable down the road.
Now will they hold their value better than years past.....yeah maybe but I don't think we will see anything on these cars like the cars of the 60/70s |
02-05-2021, 11:26 AM | #23 |
Drives: 18 Ford Raptor, 21 2SS 1LE M6 Join Date: Dec 2020
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Well if millennials want to relive their days, then get the Supra turbo, MR2 turbo, RX-7 turbo, etc. I love cars in general, especially the sounds and handling. GT-Rs and 911 GT2/GT3 are also probably going to be worth good money with the manual. I would like a used super car, but don’t want the high maintenance fees.
I never owned a V8 car before and the Gen6 SS 1LE is a keeper for me. When the stock motor goes, then build it out to a 427ci and maybe a Maggie. I’ve driven a buddies C6 Z06 back in the day and the sound never escaped me. 12 years later and I got a V8 and was always an import guy. I am not sure what the future holds, but being able to control a car through rowing gears and the raw sound of a V8 will always be enjoyable, rather than having a car with just the go pedal and autopilot. If they ever get the autopilot down, then I’d just set it for my destination and take a nap. |
02-05-2021, 11:59 AM | #24 |
Drives: 2023 Chevrolet Camaro 2SS 1LE Join Date: Jan 2020
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I think you’re referring to Gen x people as Millennials were kids when those were out. As a millennial I can tell you I grew up wanting a 3 valve Mustang. That came out as I was starting high school. Finally got one in my mid 20s and then sold it to get my Gen 6. I wish Chevy had cooler stuff out when I and other millennials were teens. I know the GTO returned briefly but that car looked too much like a Grand Prix. The G8 was cool but kids aren’t into sedans unless they are import people. When the gen 5 camaro came out I thought it was awesome but Ford I feel like advertised their return of the 5.0 much better so I lusted for one of those (still really would like to have one next to my 6th gen).
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02-05-2021, 12:55 PM | #25 |
Rayvan
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I don't know how it is in other states, but here in CA, we don't even have enough power to run the grid as it is, let alone having *every car* be powered by electricity.
When we realize that, and the fact that you cannot get a permit in CA to even build a new power-plant (without years and years of litigation), we'll get a reprieve on gas powered cars, and still be able to buy gasoline, and gasoline powered cars. |
02-05-2021, 03:15 PM | #26 | |
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02-05-2021, 03:31 PM | #27 | |
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Quote:
Electricity is used to operate the fuel pumps. Electricity is used to power the lights that illuminate the fueling areas. Electricity is used to operate the credit card readers and various pieces of computer / network equipment to authorize the transaction. As these things see reduced use and "go away", the grid gets relief. Additionally, "mass charging stations" will likely be built with solar arrays to at least partially supply power - again, grid relief. As more and more owners are charging at home and increasing their electric use at the house, more will add solar arrays to their homes for more grid relief. On the other hand, I want to better understand how much air pollution is created as a direct result of coal mining, coal transportation, and coal burning to actually create that electricity. And, as we increase our reliance on electricity, how much additional pollution is created by building a new plant or upgrading other infrastructure to supply that electricity? |
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02-05-2021, 04:14 PM | #28 |
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That deal is high A. F. if they think it’s worh $37K. I don’t care if it has zero miles.
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