I'm not a car expert.....but my perception has been that Corvettes were more valuable than Camaro's in general, and a greater slice of Americana in my opinion. Although, I have researched corvette pricing for a long time, I was unaware how much these Camaro's are going for without some key components, documentation etc..... Seems high to me compared to the nice vettes we see here....

http://sfbay.craigslist.org/eby/car/200359216.html ( for pics)

ORIGINAL 1969 Z/28 CAMARO - $29500

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Reply to: sale-200359216@craigslist.org
Date: 2006-08-29, 7:48AM PDT


I have an original DZ302 Los Angeles Z/28 Camaro recently repainted in its original Le Mans Blue with white stripes. I have original DZ 302 engine, but currently there is a rebuilt 68 Corvette 327 in the car. I have vast majority of original parts for car. Transmission is not original, but it is a 4 speed of course. As for the rest of the car, the interior needs to be redone and there is some slight rust in front floor pans, but other than that the car is in great condition. It is a project that is 90% finished and while it runs great now just some interior work and finishing touches and it will be complete. This car can be completed for well under 10k and so you can have one of the coolest muscle cars ever for a lot less than what many people pay. Specialty Auto Sales has an ad on CL right now for the same car at 60k. Only selling because I am building a garage. Please only contact if very serious about purchasing. More than willing to answer any and all questions and send more pics if need be. 916-541-7484 Thanks for your time. John



This item has been posted by-owner.

this is in or around Sacramento

no -- it's NOT ok to contact this poster with services or other commercial interests

 

Interesting enough, there is a 1969 Lamans bule corvette right now for 18,500. theres your pefect compairison?

http://sfbay.craigslist.org/nby/car/198729868.html

 

Compare a base model '69 Camaro to a Base Vette of the same year. Closer to an Apples-Apples comparo IMHO. The Vette might have a chance there.

Maybe compare a 69 350/350 Vette to a '69 Z/28 but the Camaro will certainly sell for more.

You pays your money, you takes your pick.

-Mark.

 

There are more LIVING Corvettes due to the fact that the original Corvette owners are generally a bit more careful and Corvettes have fiberglas bodies which don't rust. Camaros drive a high price because there are less of them in working or restorable condition.

 

I love '69 Camaros, but not $29K worth. All things considered, if I were in the market, I go looking at '69 Corvettes. The Camaro folks can keep them.

No disrespect to the Camaro crowd. They say the same things about us.

 

the ad said a similar Camaro was going for $60k at a broker.....he was selling his for $29k, thats a big difference...not mentioning a comparison to Vette's of similar caliber.

Some good points in this chain. and I know its tough to compare 2 different cars.... For me though, its the Corvette's iconic and cultural value which separates the two, and is more difficult to measure or put a price on... Why else would so many keep and restore Vettes?....It must be becuase they consider them better and more valuable.....so wouldnt the price reflect that? Supply and Demand cant be the only criteria with collectors.......

 

It's not just Camaro's but muscle cars in general and here's my opinion.
People have different interests in the car hobby (antiques, classics, sports cars, muscle cars, street rods, etc.) and peoples interests seem to change with each generation. Corvette values have endurance, they might be passed up occasionally, but the values are stable and after reaching bottom as an old car, the values start to rise again. Muscle cars have fluctuated much more in value over the years, lot's of cold spots. Right now, muscle cars are hot, and the televised auctions help create interest and drive up prices, leaving some Vette's behind. It was once very popular to restore Model T's and Packards, but those are fading in interest with the baby boomers that want muscle cars because that's what they can relate to. Our fathers admire early Fords or Packards because that's what they can relate to.

Muscle cars and most early Vette's easily bring more money than run of the mill Packards and Cadillac's which at one time were on the rise but have not changed much in a decade. Vette's are cool but they are not muscle cars and don't have the same individuality, character or following as muscle cars. When you see 15 Vette's cross Barrett Jackson in 2 hours and half of them are red, they all start to look alike and things get boring for some people. During the Woodward Dream Cruise there were Vette's all over the place, but when we cruised in my buddy's '71 orange Z, it was the center of attention as it went by. Muscle cars are always interesting because the styling and colors vary and the engines and interiors look different from one to the next. And after talking to other cruisers that's what they like, variety. Those were the cars they could afford when they were young, not Vette's.

We've had 9 cars over the past 30 years from a fat fenders to muscle cars and are now on our 3rd Vette and my wife said when I sold our '70 Z a few months ago, "the Camaro made a statement everytime you entered a gathering, people looked and came over to see it , the Vette is nice, people look, but it's just another Vette." In a way she's right, usually only Vette guys pay attention to Vette's at a cruise in as the Vette's gather in one area like Mopars usually do. But Vette's are still cool and ours ain't going anywhere for a while. But I'd like to build a crate Camaro!

It's generation "X" coming up, so are we ready to see more ricers in the future?

 

Oh god please not the ricers! I'm only 21 and nothing is more beautiful than the third generation Corvette, in my opinion! Loved em since I was like 10. When I was little I used to make the models of all of em from 1955 all the way to like 1998. My favorite was the '68 custom I built with the blower through the hood. That was a sweet model.

My girlfriend just signed up on a Focus forum, she's a couple years younger than me, and was telling me about the things focus fanatics do. Apparently none of them actually do any performance upgrades but rather paint the entire interior or some how fit fenders from a BMW Z3 on to their Focuses.

No point in asking why they do these worthless mods, really. They can't even give you a real answer.

 

Whoa. I way disagree with this.


There were 243,085 1969 Camaros (over 20,000 of them were Z28s) manufactured compared to 38,762 1969 Corvettes. There are way more "Living" Camaros than Corvettes.

Corvettes rust just as bad as Camaros.

More careful? No, Corvettes and Camaros have both been abused.

 

Now hold on! I'm an X'r and I am 35 years old. Don't confuse us with the twenty somethings. I think they are considered generation Y. I wouldn't be caught dead pimping a rice burner. I will, however, admit to owning a crotch rocket. I had a '95 c4 that I had to sell off to move overseas. I love vettes but I love muscle cars too. '69 camaro is my favorite, but I'll take a mopar, if you are giving them away!

 

I'm stuck in the middle literally! My Mom has had her '72 Stingray Convertible since I was 3yrs. old (I'm 35 now) and my Dad has a '67 RS/SS Convertible Camaro that he just did a frame off on. They are both super cool to look at and drive. His is just alot easier to work on and likely cheaper to find parts and more engine options to be had.... I love them both for different reasons. If I had to pick.....I won't say. Either way, they'll both be in my garage someday.

 

"Corvettes have fiberglas bodies which don't rust"

 

I've owned several of both - And love them! But with the exception of some really rare and desirable Vettes, a similiar year older Camaro Z28 will oftentimes bring more money than the Vette.

Compare 69's, 74's, 79's, and any years the IROC cars were made (1985-1990). Barring a '90 ZR1, the Z28 will have the higher price in similar condition. Weird ... But true.

I know from my LLC experience that selling the Camaro is easier than selling the Vette. There just seems to be more demand, for one reason or another.

Mike M

 

Actually, my Chevy friends and I have given this much thought over several brewskies. We believe we have the correct answer:

I will build on Roger55's 1969 sales figures of 243,085 Camaros vs. 38,762 Corvettes. All of us who survived the 60's remember how many teens and 20 somethings had a Camaro at one time or another. They were cheaper to buy, cheaper to drive and maintain, and, most importantly, cheaper to insure. Today, more people want that same car that they had when they were +/-20: Camaro. Our theory is that, w 243k buyers in '69, demand for these cars now is higher than for the 69 Corvette. Rickman

 

Yea, I believe you are correct on this.

One thing I think Kalway is somewhat correct on is that the percentage of surviving cars is in favor of the Corvette.
But, even if we throw out some outrageous numbers like 90 percent of 69 Vettes have survived vs.only 40% of 69 Camaros, Camaros would still outnumber Vettes by 97,234 to 34,885. That's almost 3 to 1.

Funny thing is that I did own a '69 Camaro through my college years and I still like and admire them. But, I don't have the desire to own one again. However, I looked long and hard for the '69 vert Vette that I own now.

 

I agree with rickman. However you also have 14 years of C3's to choose from as opposed to just 3 yrs of the first gen Camaro. Eventually the muscle car market will cool just like the market for Harley Davidsons has. All through the nineties even the used ones fetched a premium. Now HD offers incentives at the end of the year to take them off the showroom floor. It's a cyclic market. Over the course of time Vettes will hold on to their value within reason for the fact that it's a Vette. My '80 will probably never be worth that much but a chrome bumper big block car will always bring a premium. And it still boils down to the fact that it's only worth as much as someone is willing to pay. Just maybe I can find someone who thinks my '80 is worth $100,000.

 

The original value has nothing to do with the value of a collectable.

A Bobby Orr rookie card was worth nothing when it was first made.
It came free with a pack of gum.
Now they sell for up to $4000.
Imagine that you could trade 6-7 of these printed cards for a 72 Corvette!

Does that make any sense at all?

Why is that card worth more than the other cards that came in that pack of gum?

Because that's the one people want.

Same with Vettes and Camaros.

 

I agree!! But you think that is bad how about values of my 67 firebird compared to camaro's. Its the same damn car yet there is a huge difference.. Food for thought...

 

Not trying to pick it apart, but IMO it has nothing to do with the Harley market. Used Harleys don't bring what they used to simply because they make too damn many new ones. If new big twins sit unsold, there's no chance your used one will gain value.

They aren't making new '69 Camaros. And even when they release the retro one, it won't hurt the value of the real first gen cars. Who knows, it might even push them up a tad higher than they would have on their own.

 

All I was trying to say is that markets are cyclic. Sooner or later the market will cool some. I'm not saying they will ever be quite as cheap as they once were. When the market cools off a little which I think it will eventually, you'll see the prices drop some and stabilize.