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To me any car is a "good investment" if you get tons of joy out of it and keep it for a long time. After mod'ing mine to suit my tastes, I'm keeping it until I'm too old to drive it.
Some may differ with me but typically cars that are produced in small numbers tend to be valuable later. C5's were mass produced. However, I think any car, after many many years where there are few left around and in original condition will be worth something big.
I will let others chime in on your inquiry regarding C5's and C6's... that should be interesting.....
I love my C5 Z06. Id love to have a C6Z or C6ZR1 but i cant afford it. To me the price between a clean C5Z and a base C6 i rather have the C5Z i like the body style way better for the C5Z over a base C6 the power between the 2 are about the same and i believe the C5Z is lighter.
Lol! The words investment and C5 should never be used together - at least in the near future anyways. C1 C2 C3 and some select C4 yes. Enjoy driving your C5 for that is an investment into your mental well being.
Are the C5's still desirable and sought after compared to the C6? Are they still a good investment?
I consider my C5 "good therapy" rather than a "good investment". Depending on how long you keep it and the condition you keep it in, who knows? Any mass produced car is not really "good investment" unless there's something very unique or special about it.
Very rarely should the words car and investment be used in the same sentence. Cars for the most part more a liability. Some rare old cars yes, used late model Corvettes? No.
Last edited by jrose7004; Mar 22, 2014 at 11:38 PM.
"Investment" isn't quite the right word, but C5s are a great value. They're reasonable and plentiful. They're also at that part of the depreciation curve where they decrease in value slowly. If you bought one today, you could drive it around for a while and, if well maintained, sell it a few years down the road for only a little less than what you paid for it.
I agree with the above statements. The newer Vette's are really not a monetary investment as much as they are a personal enjoyment investment. As for the C5 versus the C6, for me it would a style choice. I love my C5 and would also love a C6 in the garage. And if money were not a consideration, I would have a 7 bay garage with a perfect C from each of the classes.
Never say never about the value never going up.... Try buying a 69 Chevelle Malibu that's not a pile of rust, just as the c5 is plentiful now and not really expensive it can change fast
I agree these are not investments unless you are like Rick Hendrick and can afford to buy new with all the options, then use it as a show car in a dealership or your personal collection.
To me, style is the biggest factor, since you will be driving it and showing it off to friends, family, and car lovers.
The older the car, the fewer the parts. Read the thread on the forum of considerations before you buy. Decide what you want, have patience while looking for it, buy it, then drive it until you lose the grin on your face that comes from driving the American sports car.
Investment..no.. A car that's a great price, has classic lines & is a pleasure to drive & get looks from passers by? Heck yes!! I sold my C5 but only because the deals on new C6's were insane & I would only upgrade to the Grand Sport. The base C6 is not as good looking as a C5.
From: Ideals are peaceful...History is violent...St.Charles, MO.
2020 Corvette of the Year Finalist (appearance mods)
C5 of Year Winner (appearance mods) 2019
St. Jude Donor '08-'09-'12 thru'22
Enough replies regarding the "investment" angle have been spot on in their opinions and I agree. The C5 in Coupe, Convertible, FRC, and Z06 are all amazing cars and now that the platform is 2 generations removed you'll find even more people seeking them out because not all potential buyers could afford them when they were new or even half their retail value.
The C5 is a proven,well engineered automobile. It absolutely is still a sought after car. The same can be said for the C6. As far as comparing which one of the 2 is more sought after is something I can't answer with pinpoint accuracy. I will say this though from experience talking with other "Corvette" people over the years. When they say they want such and such a year, color, etc, etc. That's what their getting. They've done their homework, they've waited for the right car, and their not gonna jump ship at the 11th hour for an impulse buy.
Look this up. After Dale Jr. Won the 500 he went on Letterman. Look up the you tube. After the interview they showed him out in the parking lot burning doughnuts in a black C5 Z06, not a C6.