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From: "There's a he11 of a lot of things they didn't tell me when I signed on this outfit....... i'm pract
C4 Values
Who wants to venture a guess on when the value of C4's will begin to rise like some of the older c3's, c2's, etc.......Any ideas on which years/models will do the best? I'd like to get a C4 for my Grandosn to drive and make a investment at the same time.......or maybe that's kinda like a oxymoron........
I'm sure somewhere down the road they will go back up. Right now I don't care if mine dropped value down to $200,too busy having my fun in it. That's what it's all about
I'm sure somewhere down the road they will go back up. Right now I don't care if mine dropped value down to $200,too busy having my fun in it. That's what it's all about
Drive the thing like you stole it. Why all the threads about what they will be worth down the road. Go get a 55 gallon barrall of buffalo nickles I bet your chance of making two barrells of buffalo nickles is better than wating for a c4 to make you a rich man. Tumbleweed I am not making a attack on you just at all the threads and concern about what or how mutch thay will be worth down the road. My advice is to get a financial advisor to secure the future
You are right on! Buy one to drive and enjoy, but don't confuse it with an investment.
This tells it all.
If you want to buy an investment C4, forget it. But I do I have an unusual suggestion. Look at a convertible C4 model versus the LT4's, CE's, and ZR1's. A basic Vert (L98 pre 1992) can be bought for a great price and should not lose too much more in value. Nothing against the LT4's, CE's, and ZR1's, but you would not need to spend as much and a Vert would provide you with fun.
There really is no C4 that I am aware of that is a solid investment. And please drive whatever you buy and forget having a low mileage investment. C4's are meant to be driven and not to sit in garages gathering dust.
You are right on! Buy one to drive and enjoy, but don't confuse it with an investment.
Buy some land in south Florida. Right place, guarantee you will double or triple your money in one year. You can flip in 90 days, and still make a lot of dough. I do not sell real estate.
Boatman
From: SCMR Rat Pack'r Charter Member..Great Bend KS
Lots of threads right now on when the C4 will start appreciating.
The answer is a question; which C4?
When the car is about 20 years old, it will have bottomed out in value. This means the '84 and '85 C4's will be appreciating soon, if they haven't already started (according to a recent article in Corvette Magazine, the '84/'85's value rose 1% over the last year...a good sign).
It also means the "collectible" C4's like the CE's and GS's have about another 10 or 11 years to go before they stop their downhill slide.
Another thing to consider: will the increase in value of the older C4's as the years go by exceed (or even match) the inflation rate? If it doesn't, then you'll still lose money.
The best advice I've heard in a long time was jlbruggeman's statement about confusing a C4 with an investment.
You want a car for your grandson that will lose the minimum amount? Buy a 20 year old car...any 20 year old car.
Buy some land in south Florida. Right place, guarantee you will double or triple your money in one year. You can flip in 90 days, and still make a lot of dough. I do not sell real estate.
Boatman
Now thats a good bet! Florida is up something like 125%. And the forecast is for even higher returns next year.
Problem with land in my area is it has to be cash up front hard to get a dirt loan. I sold a Corvette last year and put the money into a house in So.Cal and its paided back $105,000 in 14 months of ownership.
have your grandson work and earn his money and buy a c4 for himself. he will appreciate it more, and you will be teaching him a vaulable lesson.. more than you can get in the c4 market.
i bought my own car when i was 16 and took care of it like it was part of my body.
I'm sure somewhere down the road they will go back up. Right now I don't care if mine dropped value down to $200,too busy having my fun in it. That's what it's all about
I was originally planning on selling my C4 to get a C6. But after the C6 came out....I'd rather store mine in a barn than take what they are going for now. But that's OK because the new plan is to add a few year old C5 and keep the C4.
Oh, the modds that are going to get put into the vert once it's a "second vette".... makes me giddy just thinking about it. I'm gonna be driving it like I stole it from a guy that stole it