Collector Car?
Thread Starter
Lepus-temperamentalus
Joined: Apr 2004
Posts: 5,827
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From: Roswell Ga
Collector Car?
What IS it with all these, "Will my car be a collector car?" questions? Do some of you plan on locking your cars up in a vault for the next thirty years?
Here's the story folks, barring you having some REALLY rare automobile (Callaway's come to mind), your car will NOT be a collectable within the foreseeable future. I don't care if it's a 2000, if it came with the really rare white color, if it's some oddball collection of options or what. If it was made since 1997, it's not going to be a collectable until about 2022, if then.
Think about it. How much is a 1979 Corvette worth? Right now, that's about the cheapest "collectable" you can buy. On the other hand, the C1's and C2's are all very valuable...course, they're at least 37 years old too. If you want to wait around that long so you can say you own a collectable, go for it!
Here's the story folks, barring you having some REALLY rare automobile (Callaway's come to mind), your car will NOT be a collectable within the foreseeable future. I don't care if it's a 2000, if it came with the really rare white color, if it's some oddball collection of options or what. If it was made since 1997, it's not going to be a collectable until about 2022, if then.
Think about it. How much is a 1979 Corvette worth? Right now, that's about the cheapest "collectable" you can buy. On the other hand, the C1's and C2's are all very valuable...course, they're at least 37 years old too. If you want to wait around that long so you can say you own a collectable, go for it!
Supporting Tuner
Joined: Sep 2004
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From: ================== Houston, Texas www.englandgreen.com ================== Necessary Evil™ __________
CI 6-7-8-9-10 Veteran
St. Jude Donor '05-'06-'07-'08-'09-'10-'11-'12-'13-'14
with Jack.Just drive your car and forgettaboutit
I'm in New England and I got my fix of PermaGrin(TM) today... did you?
EG
Melting Slicks
Joined: Nov 2004
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From: Machine Silver Z06 The Golden State......... Bay Area
St. Jude Donor '05
Originally Posted by Silver_'04
The only thing I want to collect is more miles on this car.
But I also want to collect more Mod's
Le Mans Master
Joined: Sep 2004
Posts: 5,707
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From: Los Angeles
If it's a collector car you want, put the money in the bank and in 2022, go out and buy one with the interest you earned.
You'll also save on the costs of maintaining and storing it, so you'll be able to go on a nice vacation every year with the savings. 
Melting Slicks
Joined: Dec 2004
Posts: 2,815
Likes: 936
From: Cortez, FL/Canandaigua NY (Summer)
Agree with all of you but.... Why do I feel like I should take extremely good care of this car ('04 CE-V)?? I know I will sell it in 4-5 years and get a one year old C6. Do I really care right now how much I will get for it then? No not really but I still will not drive it in rain or any time after the county has put salt down on the road! They have already done this so now I have to wait for a rain to wash it away and then for the sun to dry up the rain! Even then I will worry about salt dust settling on my undersides and later with condensation, have a nasty saline solution that will rot the thing from the inside out.
My wife is probably right that I am nuts!
My wife is probably right that I am nuts!
Le Mans Master
Joined: Jul 2004
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From: Time is a great teacher. Unfortunately, it kills all its pupils.
Cruise-In VIII Veteran
St. Jude Donor '07
Originally Posted by JACKAL0PE
Here's the story folks, barring you having some REALLY rare automobile (Callaway's come to mind), your car will NOT be a collectable within the foreseeable future. I don't care if it's a 2000, if it came with the really rare white color, if it's some oddball collection of options or what. If it was made since 1997, it's not going to be a collectable until about 2022, if then.
Couldn't agree more. Key word here being RARE. With over 1/4 million C5's being built, how many of them are really rare. Just how hard is that to understand?
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Burning Brakes
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From: The Internet
Perhaps there's some alternate universe where a mass-produced Chevrolet is something that will generate a reasonable return on investment and there really is a curse placed on your first born if you don't take off and clean behind the wheels every night. Maybe that's it.
Team Owner
Joined: Jan 2002
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From: All that glitters is Gold - Hockey Is CANADA'S game
Cruise-In VI Veteran
Cruise-In VII Veteran
St. Jude Donor '05-'06
there are about 20 rare C5's out there.
here are some:
here are some of the pics
Platinum Purple
Aztec Gold vert
here are some:
- 1 - platinum purple vette which is in the NCM
- 15 - 1998 Aztec Gold vettes (12 coupe 3 verts)
- 1 - 2003 gold anniversary vette
here are some of the pics
Platinum Purple
Aztec Gold vert
Administrator
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From: In a parallel universe. Currently own 2014 Stingray Coupe.
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I agree. Very few C5's will be collectibles anytime soon. Just too many of them out there.
Supporting Tuner
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From: ================== Houston, Texas www.englandgreen.com ================== Necessary Evil™ __________
CI 6-7-8-9-10 Veteran
St. Jude Donor '05-'06-'07-'08-'09-'10-'11-'12-'13-'14
Now let's see... no rain or snow or salt today in CT or RI = I'm getting my fix of PermaGrin(TM) AGAIN this week.
I paid cash for my car and there is no way in heck that I am NOT going to drive it.
More power to the garage queens, but with all due respect - if my paint does get a few dings - I'll get the car resprayed. It will be a far better paint job that comes from the factory, that's for sure. So far, not one scratch but if it does happen - hey!, it's a car for crying out loud.
Live life now, folks. Life is one way and there ain't no stopping Father Time.
<off to get my fix of PermaGrin(TM)>
I paid cash for my car and there is no way in heck that I am NOT going to drive it.
More power to the garage queens, but with all due respect - if my paint does get a few dings - I'll get the car resprayed. It will be a far better paint job that comes from the factory, that's for sure. So far, not one scratch but if it does happen - hey!, it's a car for crying out loud.
Live life now, folks. Life is one way and there ain't no stopping Father Time.
<off to get my fix of PermaGrin(TM)>
Drifting
Joined: Oct 2002
Posts: 1,335
Likes: 76
From: Bedford Va.
drive it, enjoy it, mod it, take care of it
save the original parts. when its old and tired put it away and give it to your kid maybe they will have sum fun restoring their antique.
If you only drive it a little and are insane about keeping it stock you might as well buy a model of the car and put it on a shelf.
after 25 to 30 years of extremely low miles the seals, bushings, paint etc are still in poor condition. The cost to resore it to pristine condition will be very close.
the C5 is a great car, there are lots of them so drive it and have some fun.
I don't drive it in snow or when the roads are salted
save the original parts. when its old and tired put it away and give it to your kid maybe they will have sum fun restoring their antique.
If you only drive it a little and are insane about keeping it stock you might as well buy a model of the car and put it on a shelf.
after 25 to 30 years of extremely low miles the seals, bushings, paint etc are still in poor condition. The cost to resore it to pristine condition will be very close.
the C5 is a great car, there are lots of them so drive it and have some fun.
I don't drive it in snow or when the roads are salted
Pro
Joined: Jan 2004
Posts: 516
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From: Long Island ny
St. Jude Donor '06-'07
I have to disagree to a certain (small) extent
As regards the word "collectable" some of us may be able to take advantage of what the insurance industry considers qualified.
A friend has a 96 CE and he is able to get insurance on LI in NY for $700.00 a year. He is limited to 3K miles a year, but this is a very low rate for this area. If the vehicle is 7 years old and can be demonstrated as having some unique value it qualifies.
I agree that it would not make it a "collectors car", but I would consider saving some cash a "collection" on my part.
A friend has a 96 CE and he is able to get insurance on LI in NY for $700.00 a year. He is limited to 3K miles a year, but this is a very low rate for this area. If the vehicle is 7 years old and can be demonstrated as having some unique value it qualifies.
I agree that it would not make it a "collectors car", but I would consider saving some cash a "collection" on my part.
Pro
Joined: Nov 2003
Posts: 597
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From: You want HOW much for that Corvette part??? Atlanta GA
Originally Posted by robvuk
If it's a collector car you want, put the money in the bank and in 2022, go out and buy one with the interest you earned.
You'll also save on the costs of maintaining and storing it, so you'll be able to go on a nice vacation every year with the savings. these cars are costs..not investments
