1997 C5 Low Production Numbers ( Worth more someday??)
#1
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1997 C5 Low Production Numbers ( Worth more someday??)
Hi Folks,
Posing a hypothetical question. I was recently doing some homework on my car and found out only 9752 were produced in 1997. That's compared to 30-35k for each of the following years.
i have a 1997 6 spd with nearly every option checked off. Car is completely stock with only 73k miles. I would just keep it stock If it's going to be worth something one day, even if its long after i no longer own it.
Do you suspect that the 1997 will be increase in value at some point?
I highly doubt it but just wanted to get your opinions
Posing a hypothetical question. I was recently doing some homework on my car and found out only 9752 were produced in 1997. That's compared to 30-35k for each of the following years.
i have a 1997 6 spd with nearly every option checked off. Car is completely stock with only 73k miles. I would just keep it stock If it's going to be worth something one day, even if its long after i no longer own it.
Do you suspect that the 1997 will be increase in value at some point?
I highly doubt it but just wanted to get your opinions
#2
Safety Car
No.
#4
No. Go ahead and mod it if you plan to keep it (or not). With the possible exception of the 63 Split Window Coupe and the original 53, I think the prevalent advice is to stay away from first year production models.
#6
Racer
A friend has a 97 with 16k on it, painted green(only 155 with that color) completely stock, if they sold it they would want in the low $20`s K for it. does not answer your question, but this car has more of a chance retaining value then your example.
#10
Safety Car
How much time ya got?
Most items increase in value as supply diminishes. Not real hard up on gas car inventory these days. Three hundred years from now, might be some interest, remember, condition is everything.
I think the C5 is a nice platform and interesting as one of the last examples of gas powered cars. As I understand it, GM had production problems that accounted for the low numbers. Not a bragging point for your car, the company that would eventually completely fail couldn't manage to get scheduled production for your year, and some system designs were not well stabilized for that year, changes came quickly. My car is an 03 and is probably equal in collectibility down the road.
However, I selected a convertible. All things being equal, the convertible will be collected first. open cars could just be a fad and collections should be assembled with care.
Most items increase in value as supply diminishes. Not real hard up on gas car inventory these days. Three hundred years from now, might be some interest, remember, condition is everything.
I think the C5 is a nice platform and interesting as one of the last examples of gas powered cars. As I understand it, GM had production problems that accounted for the low numbers. Not a bragging point for your car, the company that would eventually completely fail couldn't manage to get scheduled production for your year, and some system designs were not well stabilized for that year, changes came quickly. My car is an 03 and is probably equal in collectibility down the road.
However, I selected a convertible. All things being equal, the convertible will be collected first. open cars could just be a fad and collections should be assembled with care.
#11
Drifting
Hi Folks,
Posing a hypothetical question. I was recently doing some homework on my car and found out only 9752 were produced in 1997. That's compared to 30-35k for each of the following years.
i have a 1997 6 spd with nearly every option checked off. Car is completely stock with only 73k miles. I would just keep it stock If it's going to be worth something one day, even if its long after i no longer own it.
Do you suspect that the 1997 will be increase in value at some point?
I highly doubt it but just wanted to get your opinions
Posing a hypothetical question. I was recently doing some homework on my car and found out only 9752 were produced in 1997. That's compared to 30-35k for each of the following years.
i have a 1997 6 spd with nearly every option checked off. Car is completely stock with only 73k miles. I would just keep it stock If it's going to be worth something one day, even if its long after i no longer own it.
Do you suspect that the 1997 will be increase in value at some point?
I highly doubt it but just wanted to get your opinions
#13
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IMO, I wouldn't worry about a '97, or any C5 at this point, appreciating much in value anytime soon. Drive and/or modify the car as you like and enjoy it.
#14
Drifting
That is the color we wanted but settled on a Nassau blue car as I knew finding a low mile , non-modded green car would be a stretch in a short time frame. Now could not be happier with our blue, I think that car is part of the family.
#15
I dont know if its fair to compare the 84 Corvette to the 97. The 97-04 remained almost unchanged during their run from a build, aesthetic, and performance view, at least from most people's perspectives.
The 84 Corvette and 1996 Corvette are completely different machines sharing a few common parts.
The 84 Corvette and 1996 Corvette are completely different machines sharing a few common parts.
#20
Melting Slicks
I think any increase in value of C5's in general will be tied to how many are available as time passes. Due to the success of the platform the C5 will always be in demand and for now there are plenty of good cars out there even if in a wide range of pricing. Given the fact that the C5's are a more affordable option for people they are going to be bought, driven and wrecked How long before the number dwindle enough to affect pricing, who knows?