[Z06] Corvette collectibility is nothing new...
Thread Starter
Racer
Joined: Nov 2003
Posts: 487
Likes: 0
Z18 - Corvette collectibility..
...Corvette collectibility is nothinhg new; the more rare the car, the more collectible/valuable it might be. Obviously the '63 Z06 is far more difficult to find than the current generation Z06 due to its small production numbers. But I'm just curious, speaking of low build numbers, will the new Z18, at about 150 units, be a desirable purchase for the collector? Offered to European buyers only, Corvette's very first such car, in Commemorative Edition coupe form is just now drawing old world reviews. A blend of Z06 options on a coupe platform, I wonder what you think its marketability might be. :flag
[Modified by Z_OH_6, 10:26 AM 12/21/2003]
[Modified by Z_OH_6, 10:26 AM 12/21/2003]
Safety Car
Joined: Dec 2000
Posts: 4,798
Likes: 2
From: Norman Oklahoma
Cruise-In III Veteran
St. Jude Contributor
Re: Corvette collectibility is nothing new... (Z_OH_6)
First you have to ask yourself what is a collectible car ?
1. A car that never gets used.
2. A car that collects dust rather than miles.
3. A car that your saving for someone else to enjoy later.
4. A car that looses value for the first ten to twenty years you own it.
5. A car that might need a total overhaul when its worth 5k more than it cost new.
I'd say no current Corvette would be worth all the trouble it takes to make it collectible.
GM markets things as such to make one think they could retire from buying one, but its just not true.
Think about the cars that made it to collectible status today, had we known then what we know now don't you think we would have bought all of them ?
Most of them aren't rare or collectible by design, they're flukes in automotive history.
Sorry to go on and on but I think all of us need to drive it today and let someone else restore it tomarrow. :seeya
1. A car that never gets used.
2. A car that collects dust rather than miles.
3. A car that your saving for someone else to enjoy later.
4. A car that looses value for the first ten to twenty years you own it.
5. A car that might need a total overhaul when its worth 5k more than it cost new.
I'd say no current Corvette would be worth all the trouble it takes to make it collectible.
GM markets things as such to make one think they could retire from buying one, but its just not true.
Think about the cars that made it to collectible status today, had we known then what we know now don't you think we would have bought all of them ?
Most of them aren't rare or collectible by design, they're flukes in automotive history.
Sorry to go on and on but I think all of us need to drive it today and let someone else restore it tomarrow. :seeya
Le Mans Master
Joined: Oct 2002
Posts: 6,855
Likes: 2
From: Grovetown GA
Re: Corvette collectibility is nothing new... (RPO_Z06)
First you have to ask yourself what is a collectible car ?
1. A car that never gets used.
2. A car that collects dust rather than miles.
3. A car that your saving for someone else to enjoy later.
4. A car that looses value for the first ten to twenty years you own it.
5. A car that might need a total overhaul when its worth 5k more than it cost new.
I'd say no current Corvette would be worth all the trouble it takes to make it collectible.
GM markets things as such to make one think they could retire from buying one, but its just not true.
Think about the cars that made it to collectible status today, had we known then what we know now don't you think we would have bought all of them ?
Most of them aren't rare or collectible by design, they're flukes in automotive history.
Sorry to go on and on but I think all of us need to drive it today and let someone else restore it tomarrow. :seeya
1. A car that never gets used.
2. A car that collects dust rather than miles.
3. A car that your saving for someone else to enjoy later.
4. A car that looses value for the first ten to twenty years you own it.
5. A car that might need a total overhaul when its worth 5k more than it cost new.
I'd say no current Corvette would be worth all the trouble it takes to make it collectible.
GM markets things as such to make one think they could retire from buying one, but its just not true.
Think about the cars that made it to collectible status today, had we known then what we know now don't you think we would have bought all of them ?
Most of them aren't rare or collectible by design, they're flukes in automotive history.
Sorry to go on and on but I think all of us need to drive it today and let someone else restore it tomarrow. :seeya
:iagree:
Thread Starter
Racer
Joined: Nov 2003
Posts: 487
Likes: 0
Re: Corvette collectibility is nothing new... (varkwso)
Yep, I'll buy that. I bought a new '72 and kept it until '81. I sold it for several thousand more than I paid for it but I drove it and enjoyed and didn't consider that as a windfall profit, just what it realized by being kept clean and maintained well. The European Z18 seems to be half of one type Vette and half of another and I wondered what people's thought were on it. Perhaps only time will tell. :)
Pro
Joined: May 2002
Posts: 552
Likes: 0
From: Meadows Place Texas
Re: Z18 - Corvette collectibility.. (Z_OH_6)
Rare colors, limited production, special vin numbers... all that sounds great. However, my Corvette is for driving, and time behind the wheel is close to time spent in heaven.
dave
dave
Safety Car
Joined: Sep 2000
Posts: 4,035
Likes: 117
From: Sands Township, Marquette County, Michigan
Cruise-In II Veteran
Re: Z18 - Corvette collectibility.. (Z_OH_6)
New collectible cars have a long way to go down in value, before they begin to rise in value.
Given that no one knows which cars will truly become valuable many years down the road, you would be better off putting your money in a bank savings account and earning 1 %. :lol:
[Modified by SMFCPACFP, 10:12 AM 12/23/2003]
Given that no one knows which cars will truly become valuable many years down the road, you would be better off putting your money in a bank savings account and earning 1 %. :lol:
[Modified by SMFCPACFP, 10:12 AM 12/23/2003]
Le Mans Master
Joined: Oct 2002
Posts: 6,855
Likes: 2
From: Grovetown GA
Re: Z18 - Corvette collectibility.. (SMFCPACFP)
New collectible cars have a long way to go down in value, before they begin to rise in value.
Given that no one knows which cars will truly become valuable many years sown the road, you would be better off putting your money in a bank savings account and earning 1 %. :lol:
Given that no one knows which cars will truly become valuable many years sown the road, you would be better off putting your money in a bank savings account and earning 1 %. :lol:
Where can I find one with 1% :rofl: :lolg:
:steering:
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Thread Starter
Racer
Joined: Nov 2003
Posts: 487
Likes: 0
Re: Z18 - Corvette collectibility.. (z060ntrack)
The Z16 is the collectable, there will be a bunch of Z18's :chevy
Thread Starter
Racer
Joined: Nov 2003
Posts: 487
Likes: 0
Re: Z18 - Corvette collectibility.. (sliderhss)
Probably to the person that wants that specific car. The other anniversary cars are sought after by certain folks and no doubt the 50th anniversary edition will be too. I, for one, would sure like to have an original '63 Z06 to go with the '03! :D
Melting Slicks
Joined: Nov 2003
Posts: 2,155
Likes: 56
From: Escondido CA
Re: Corvette collectibility is nothing new... (RPO_Z06)
your absolutley right :yesnod: i just got my QS z06 from a navy pilot who never drove it-4400 mi , his loss is my gain and i'm having a blast :seeya
bud :hurray:
bud :hurray:
Le Mans Master
Joined: Apr 2001
Posts: 9,556
Likes: 288
From: Granbury Texas
Re: Z18 - Corvette collectibility.. (Z_OH_6)
"Obviously the '63 Z06 is far more difficult to find "
First you have to ask yourself what is a collectible car ?
1. A car that never gets used.
2. A car that collects dust rather than miles.
3. A car that your saving for someone else to enjoy later.
4. A car that looses value for the first ten to twenty years you own it.
5. A car that might need a total overhaul when its worth 5k more than it cost new.
Huh??? Whadda ya mean?
First you have to ask yourself what is a collectible car ?
1. A car that never gets used.
2. A car that collects dust rather than miles.
3. A car that your saving for someone else to enjoy later.
4. A car that looses value for the first ten to twenty years you own it.
5. A car that might need a total overhaul when its worth 5k more than it cost new.
Huh??? Whadda ya mean?
