RetroGuy

Since I'm real close to getting my first C4, (most likely a 1989 convertible with manual trans) I was wondering how long most of you think it takes for C4s to actually start appreciating in value? This is assuming it's kept clean and in good running condition. I'll be keeping my first C4 for several years. I'd like to think that once a mostly stock, well maintained Vette hits 35 or 40 years old, it will appreciate in value. Thoughts?

FASTAZU

Sorry but 99% of cars are just that cars, They just don't make good investments so get one drive it and enjoy.

PatternDayTrader

If you can wait another 30 or 40 years from now then you should come out ahead.

1984Z51auto

Well, the answer must be more than 34 years since the 1984 hasn't shown much gain in that time.

PatternDayTrader

Just you wait another 30 years … its a home run.

RetroGuy

I should have clarified my question a little more. Assuming one buys a used and in good shape C4 for approx $11,000 to $14,000, when will (if at all) it ever start appreciating from that purchase price???

pologreen1

My Dad paid 9k in '06 for a good condition '86 Z51, 4+3, 69,000miles?. He always said "corvettes" always appreciate".

Sold it for 4,500 with 73,000 miles Last year.

If you want a return on a car most joe blows can mortgage their house on... Buy a 65-72 muscle car. even that is dying off.

bad move to buy ANY c4 and think it is going to make you money. If it works out good for you, but not likely based on data trends of the last 33 years of the c4.

bac22

Only cars with some rarity will see appreciation, I say the 96 GS will appreciate in coming years. An 1989 convertible with manual trans are a dime a dozen, if the only thing your thinking of is appreciation then you've already lost money.

corvette95

The cars that will appreciate are not only in good condition, they are true stock survivors... if you are not familiar with NCRS or Bloomington Gold, you need to understand things like wiper blades can be brand new GM perfect condition but are a points deduction because they are not the factory ones. Original floor mats, original dated headlamps, glass, stickers, spark plug wires, air filter, tires, oil filter, fuel pump, light motors, dates codes, distributor stamps, brake booster tag , and build date..a lot of this gets replaced over the life of a car. The ones that will appreciate still have the originals.... likely having the OE one repaired or rebuilt instead of off the shelf replacements. They have original wheel locks in the factory bag.....the list never ends. Not trying to talk you out of the car, they are great, but don't put yourself in a situation that that is your investment.

RetroGuy

So, after a few of your honest replies, it appears one must not count on any used Corvette purchase to appreciate unless it's a very rare model and/or a garaged 100% factor stock Vette with less than 1,000 original miles on it.
"Buy whatever Corvette you like, and enjoy the ride."

cv67

Youre wasting your time. In 35-40 yrs everything will be so old youll have to dump a ton in it to be right.

Just drive it, cars are not rolling bank accounts.


Cost of registration insurance basic maintenance..youre already losing.

confab

Short Answer: If it ever happens, I'll PM you?

RetroGuy

confab

lol..

billschroeder5842

Now you understand Corvette ownership.

Find the best one you can and drive the wheels off of it.

vader86

I wouldnt expect any to appreciate for a very long time, aside from GS/ZR1s.

drcook

Even the ZR1's around my area are starting to see falling values, especially the earlier ones and ones that are not absolutely original, low mileage cars

cv67

^^ there are many Zr-1s out there collecting dust in garages with less than 1000 miles, the owners stillll waiting. Booze and women is money better spent for the return .

What so many forget it to appreciate there has to be a DEMAND. Wheres the line forming? Just cause it says Corvette doesnt mean its some collectible, even the C3s are still cheap.

Probably a Chevette forum out there too. Dont see many of these lol
https://losangeles.craigslist.org/sf...596141087.html

Cruisinfanatic

Never if you are paying that much to start

Cruisinfanatic

Mine is 33 purchased new and I've kept it in great condition. Paid about 22K + tax after discount and probably worth 7-8K to the right buyer. I have zero hope it will ever appreciate.