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rare does not always mean desireable. some times something is rare for a reason.
Oh absolutely, seems every Corvette we own is "rare" :lol: Ever noticed that almost every Corvette for sale is "rare" in some way shape or form :crazy:
Had a guy at the local gas station who did not know I had an 85,(I was in the 98) tell me "his" Tutone 85 Silver Corvette was rare because of the Tutone color. I had to point out the fact that there were 3 of them, the same color within a 2 mile radius of where we were standing, and who knows how many others are still out there. I suspect in 30-40 years it might be rare, but even then????? He was not too happy with me... :mad
IMO, I suspect there will be a demand for the truly rare cars in 15-20 years from now, but those would be limited production types, not your ordinary Vette bought off the showroom floor, again, just my opinion.
Corvettes in general have "collectability". Because it is a Corvette. C4s that will be worth the most $$ or the rare ones, RPO B2K. ZR1, GS ect, Low miles with matching numbers. Deduct for Mods
I'm thinking that the prices may start inching up a little once the C6 comes out. It seems that the C3 prices started moving a little when the C5 came out. I have always wanted a Corvette and bought my 85 about 2 months ago. I feel that it has to be at the bottom of the depreciation cycle. I gave $5000 for it and will have about $8000 in it once it is nice (I won't say finished, because no car is ever finished). I don't know if I could recoup all of my money now, but I imagine (or hope) prices may inch up a little.
I have gotten tired of losing money on cars. I enjoy working on them and I end up with a new project about every 2 years. I can't afford to lose 2k to 3k every 2 years. I don't expect to get every penny out, but I need to come closer to the break even point.
My point, if I even have a point, is I think C4 prices will start doing a little better once the C6's come out. I don't think the run of the mill vette will reach "collector" status, but how many vettes have after the C2s. The convertibles and big block cars have. I agree with others that the GS, ZR1 etc will be the best, but the rest should be okay. Heck, if the average Corvette was collectable, I couldn't have afforded mine.
rare does not always mean desireable. some times something is rare for a reason.
I agree with that. I also think that all low mileage mint car ands special editions will be collectible despite the relatively high production numbers of the 40th & CE. If the way C3 have appreciated, c4 will eventually go up in price. I can't predict prices though, maybe gasoline will be obsolete and collectible corvette will be worth only $5K as art.
rare does not always mean desireable. some times something is rare for a reason.
I agree with that. I also think that all low mileage mint car ands special editions will be collectible despite the relatively high production numbers of the 40th & CE. If the way C3 have appreciated, c4 will eventually go up in price. I can't predict prices though, maybe gasoline will be obsolete and collectible corvette will be worth only $5K as art.
one day we will be out of gas but not in our life time. when that time comes you will be able to convert the car to a water engine or whatever they come up with. old corvettes were built for 100 octain gas that you can no longer get, no easily any way, but we improvise. and i agree with the 40th and ce.
any old car that is low mile and mint brings a good price. look at some of the prices of regular old cars like bonnevilles, cadillacs, edsels and cars like. the collector quality cars bring a verry good price. if its a vette its even better because that car was cool when it was built.
I think the boomers distorted everthing by bidding up cars that "look" special, like the paint job Pace cars. Everyone else would pay the price for a car that "IS" special. A boomer salivates over a 65 327 300 HP if it looks purty. Me, I want either a 327-365 or a 427-435 no matter how they look. I was there then and I know what was hot and what was ordinary.
Of the C4s I didn't step up and notice until the LT1 came out. I think that in spite of the numbers built the LT4 numbers-match cars will eventually out draw the paint job special cars by a large margin. The ones that go through the high dollar auctions like last winter's 100K plus 427-435s will obviously be the B2K, the GS, the ZR1s, but close behind will be the LT4 cars, followed by the LT1 Zf cars, followed by any other 6 speeds. If you have a Ruby and like it, drive and enjoy it but don't get high $$$ dreams.
Jackdaroofer is right. You're buying a moment in time.
Time changes for everyone. 50's cars are comming down in value. 50's Corvettes are taking a hit. 60's are strong but in time they too will drop in value. The Ricer remark is also correct. Those folks don't care for American cars at all.
The new kids on the block want Hondas with 89 z-tech valves. Honda's can't be collected they self destruct. Who saves old appliances?
The worlds shortest book Japanese Collector Cars.
"Its a brave new world".
When I drive a 40 year + car down the street no-one looks at it.
A kid asked about a 56 XK-140 "Is that a kit car"? :flag
I think my '82 will stay collectable. My '89 will just drop in price. Both get driven but the '82 is holding it's price if not gaining. There are too many C4's around right now.
I just bought mine to drive and enjoy. :cheers: Not worried about what she'll be worth when I sell her. Corvettes are just about having fun! :thumbs: Good old Blue is taking her winters nap for now can't wait till spring hits. :sleep:
PS:Baddmann love the Copper vette, never have seen one in person. :D