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Yet at the same time lets not confuse rare with desirability.
Excellent point. A common mistake. Examples that I have first hand knowledge of.....
A 74 L82 4 speed Vert, both tops, all options. Ontario Orange with silver leather. Rare, you bet. Maybe made 2-3 of them? Desirable? Only to the 2-3 that ordered them.
A 73 Vert, L48 Auto, both tops, full options. Special ordered in primer, has the SPEC trim tag. Rare, you bet! Desirable? Well, who wouldn't want that.
Excellent point. A common mistake. Examples that I have first hand knowledge of.....
A 74 L82 4 speed Vert, both tops, all options. Ontario Orange with silver leather. Rare, you bet. Maybe made 2-3 of them? Desirable? Only to the 2-3 that ordered them.
A 73 Vert, L48 Auto, both tops, full options. Special ordered in primer, has the SPEC trim tag. Rare, you bet! Desirable? Well, who wouldn't want that.
Not long after purchasing my 2003 Anniversary Convertible, I seem to remember reading somewhere that over half of the 2003 Corvettes were 50th Anniversary Special Editions. My guess is that their collectable value limited. I purchased mine to drive and because I liked the color combination.
1. Very few. I think of something like the Ford GT (the GT40 style) might be. Also some of the high dollar cars.
2. For our C5's I "think it is just the stuff the car show signs and profile signatures are made of." Every car has enough options that the exact combination is pretty limited so I don't think many would be more valuable. If there are any, I would guess that the FRC's, the '04 Z16 Z06, and the '03 Commemerative Editions, etc. might be, but I would guess that they would only be valued much higher if they were also better condition with very low miles.
Who knows? I guess we will see in another 30 or 50 years. I hope I am still around to find out.
03 Anniv Editions not 03 Commem.
Too many were produced so that's no collectible. A car to drive and enjoy if you like em. Over 7000 orig owners have.
04 Commem Z06 at 2025 is perhaps the top of the short list for C5 collectibles. Another could be a 04 Z06 in Arctic White (color over-ride) if any actually were sold. Never heard of any. Arctic white FRC's is always popular. In any event they would need to be museum pieces with hardly any miles.
As stated before, one of these bid up to 45K recently but did not meet the reserve. It had 2 miles on it. Still available to anyone.
Of course you could make a valid argument that any C5 with 2 miles will bring a high premium at auction.
Last edited by cor28vettes; Jan 30, 2014 at 07:38 PM.
Reason: spel check
We attach special significance to cars we grew up with. So the answer is no for me but could be yes for you. Just like songs.
Good point. That is a big part of the significant collectible value. And like was stated prior, will the children of the 21st century value cars like we do? Possibly not.
I had 2 1979 trans ams in high school I paid $2000 for and now they are going for $20-$30k + and they were slow as hell no way i would ever think they would get that money they made a ton of them :l
Switching gears off various C5's for a moment, does anyone think the G8 GXP will be a significant collectible car?
Maybe. If we look at what happened to the Buick Grand National, the G8 GXP may stand a chance. But, keep in mind that there was nothing even close to keeping up with the GN back in the day. Furthermore, it made its power very differently from the rest of the the GM cars at the time so it had a certain exclusivity when new. I doubt that the G8 GXP can hope for the same future collectibility. It is powered by a simple Corvette LS3 engine. Nothing exclusive.
PS: I do believe however, that performance/sports cars with true manual transmissions will become collectible in the future.
I had 2 1979 trans ams in high school I paid $2000 for and now they are going for $20-$30k + and they were slow as hell no way i would ever think they would get that money they made a ton of them :l
I had a 10th anniversary TA with the 400 pontiac motor and 4 speed. It was about a 15.0 second car. Hard to believe the command so much money now. I think I sold mine for about $3k. (And I don't even want one now.)
I also had a pair of '71 TA's with the round port 455 HO motors. One was blue with a white stripe and one was a white with a blue stripe. They were a lot quicker. With just bolt on's I was in the low 13's. They would be fun and I would like another, but now they are way too high priced for me to consider a nice one.
Originally Posted by Cybermind
Maybe. If we look at what happened to the Buick Grand National, the G8 GXP may stand a chance. But, keep in mind that there was nothing even close to keeping up with the GN back in the day. Furthermore, it made its power very differently from the rest of the the GM cars at the time so it had a certain exclusivity when new. I doubt that the G8 GXP can hope for the same future collectibility. It is powered by a simple Corvette LS3 engine. Nothing exclusive.
I also had an '86 T-Type and at the time it was pretty good. They could be modded easily to make a lot more power. You still see a few reasonably priced T-types and GN's, but most are pretty high now.
Originally Posted by ramairvert
PS: I do believe however, that performance/sports cars with true manual transmissions will become collectible in the future.
It seems there are fewer and fewer manuals being sold and those of us that like manuals won't settle for an automatic.