Not a vette ? but....
Safety Car
Joined: May 2007
Posts: 4,812
Likes: 46
From: Taylorsville North Carolina
Last time I checked around here, the prices were about the same as they were 7 yrs ago when I bought mine. Don't see them going down much, especially if they have low miles. I wish I could have kept mine. Wife couldn't handle 2 red cars in the garage. Said one had to go, so I made a chart on my daughters easel board with Z06, WS6 and wife at the top and pros and cons of keeping each underneath. She did not think it funny.
Drifting
Joined: Jan 2012
Posts: 1,341
Likes: 8
From: Hopatcong New Jersey
No. If you find a VERY low mileage car, and don't put ANY miles on it while you own it, you MIGHT be able to break even on it if you sell it a couple years later. As an "investment" you should look elsewhere.
Burning Brakes
Joined: Jan 2011
Posts: 1,067
Likes: 46
From: Springfield IL.
Oldtimer
Don't know for sure, but I'd say yes. I do know my 77 Trans Am is worth a lot more than a 77 Corvette in the same condition. I wanted a new T/A in 2002 because they were the last ones, and THE BEST looking metal cars ever made. Wife wouldn't go with a rear wheel drive so we ended up with a Monte. I don't drive the T/A much anymore especially since I bought the Vette, but if 1 had to go, it'd be the Vette. I've had that T/A for 33 years,over 1/2 my life.
Drifting
Joined: Jan 2012
Posts: 1,341
Likes: 8
From: Hopatcong New Jersey
A 67 Corvette is worth a lot more than a 67 Firebird.
And you can find 97-98 trans ams for a lot less than a 97-98 corvette all day long.
And it's especially different with modern cars, you will almost NEVER see an overall increase in value... Unless you had a flawless car with nearly 0 miles and held onto it for 150 years.
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Joined: Mar 2001
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I think the Trans Am will be a little more valuable than a Camaro of the same era simply because it is no longer made whereas the Camaro is still in production. Whether it will be more valuable than a 2002 Vette, that's a good question.
I doubt I would purchase one with the expectation that it will rise in value anytime soon, but the car market is pretty fickle so who knows.
I doubt I would purchase one with the expectation that it will rise in value anytime soon, but the car market is pretty fickle so who knows.
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Melting Slicks
Joined: Nov 2011
Posts: 2,789
Likes: 3
From: Jacksonville FL
Last time I checked around here, the prices were about the same as they were 7 yrs ago when I bought mine. Don't see them going down much, especially if they have low miles. I wish I could have kept mine. Wife couldn't handle 2 red cars in the garage. Said one had to go, so I made a chart on my daughters easel board with Z06, WS6 and wife at the top and pros and cons of keeping each underneath. She did not think it funny.
