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Does a discontinued color increase or decrease the value of a Corvette?
In light of the announcement/rumor of a new color for 2007 (atomic orange) and the discontinuation of DSOM, all things being equal, I was wondering whether a corvette tends to increase or decrease in value with a discontinued color.
Does a discontinued color increase or decrease the value of a Corvette?
It can increase it if the color was dropped after only a few units were produced (I think the earlier Copper and maybe Gold come to mind?) but it's quite rare and would likely take YEARS for the increased value to become apparent.
Show me a junk yard where Corvettes are piled up and rusting away because they can.t be sold.. Every Corvette ever made that has not been destroyed in accident is eather ,running,being restored,or will be sold ever and ever again untill there is nothing left of it.. What dealer has ever said "i can,t sell the red ones because the green came out this year or gives a cent off because it,s orange ? This arguement has no merit.
Yes, if you can find the buyer. A Nassau Blue 97 coupe may be hard to find, which means if someone really wants that color, they will be willing to pay for it!
When I sold my C5, the color made the sale go through. I think they stopped making Mag Red after the first part of 05 production due to costs of using that color (i think). So if in a year or two if someone wants a Mag red C6, it will be rarer and "should" able get a higher price from a potential buyer if they really want Mag Red.
It's all about finding the right fool and then taking his money.
I love precision red, but I'm not paying a premium to buy someone's used 'vette just because it's PR... it's not worth it to me. I originally wanted a white 'vette, but I love black too and instead of waiting, I took the deal I found on the black 'vette.
If color is that important, well cool... your money.
depends on how rare.....precision red may be worth something....in 2035
Sure it will be.
Same as my DSOM. Vey little!
Too many made and not enough interest.
No potential for demand for old mass produced C6's in later years.
Think about the major demand and impetus for 20-30 year old Vettes now.
Us 50 - 60 somethings who craved these cars way back when (and can afford now)! We're the driving force for sky high prices on old Vettes and U.S. muscle era cars. Except for real collectors, no one else cares!
Hoose gunna crave a C6 in 20 - 30 years? You or me? No!
The pimply kid next door? Maybe, but he's got god nose how many choices today to pine for 20 years from now. The 'trying to get back our younger years' concept will be way diluted by the numerous automotive possibilities of today.
Way back when, we had little to envy or yearn for, save Vettes and muscle cars. So today there are relatively few remaining older automotive emotional possibilities but many desirees.
Sure it will be.
Same as my DSOM. Vey little!
Too many made and not enough interest.
No potential for demand for old mass produced C6's in later years.
Think about the major demand and impetus for 20-30 year old Vettes now.
Us 50 - 60 somethings who craved these cars way back when (and can afford now)! We're the driving force for sky high prices on old Vettes and U.S. muscle era cars. Except for real collectors, no one else cares!
Hoose gunna crave a C6 in 20 - 30 years? You or me? No!
The pimply kid next door? Maybe, but he's got god nose how many choices today to pine for 20 years from now. The 'trying to get back our younger years' concept will be way diluted by the numerous automotive possibilities of today.
Way back when, we had little to envy or yearn for, save Vettes and muscle cars. So today there are relatively few remaining older automotive emotional possibilities but many desirees.
Yeah I never really thought about it because I don't plan on keeping my C6 for 30 to 40 years. But now that I am thinking about it, thanks to this thread, I don't think the C6 of today is going to ever increase in value like the classics of old. Just depreciate until it levels off at some point.
Yeah I never really thought about it because I don't plan on keeping my C6 for 30 to 40 years. But now that I am thinking about it, thanks to this thread, I don't think the C6 of today is going to ever increase in value like the classics of old. Just depreciate until it levels off at some point.
That's what happens when you build 35,000 units per year.
From: Pottsville, PA. USA Home Of America's Oldest Brewery Yuengling
Originally Posted by Dave@Kerbeck.com
Yes, if you can find the buyer. A Nassau Blue 97 coupe may be hard to find, which means if someone really wants that color, they will be willing to pay for it!
This is true.
I sell used Corvettes and can tell you that I can get more money for Nassau Blue, Fairway Green and Medium Purple Pearl than the other colors offered on those 97-98 C5's.
Customers looking for those colors know that there were only a few hundered cars built each year. Did you know that there were only 60 Fairway Green 98 convertibles built? Someone that wants that car will pay more for it than a 00 or 01 convertible.
There were 14 Aztec Gold 98 C5's produced and sold before they pulled the plug. That may be the instance where a color may actually cause a demand when one comes on the block. BTW they looked fabulous.