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Just watch Mecums.... C1-C3.. yes...but only show car restored C3's.. with 427 BB's or the occasional LT1..
C4... only a zero mileage ZR1 .....
C5? i do not think i have ever seen a C5 on the show...
A friend who has been driving and collecting Corvettes for 40 years, and owns several "collectible" Corvettes of his own, says that none of them start to appreciate until after 20 years.
I would say the only exception could be if the C7 turns out to be a dud and the government sucks all the performance out of everything new. Then, any C6 might start to appreciate in value. Maybe.
People need to stop thinking these things are collectable and just enjoy driving them.
They are nothing more than depreciating Chevrolets,but that is not a bad thing.That means you can enjoy them,and not worry about a rock chip or nick that may occur from normal driving.
Originally Posted by red2012
not a single one. drive it, use it sell it.
Well I see some missed the point of the question, I know they are not going to be collectible for 20 to 30 years depending on what happens in the future. Lots of real car guys collect cars now that 30 years ago people said would never be anything but a junk car. I can see that in the future people will still collect cars, the folks with money will collect the rare cars, special editions, special engine combos, etc. the average car guy will collect the average cars, larger production runs, mid to low mileage cars. The early generation vette are collected just like this so I was just wondering what thoughts were here. I guess I should have asked in the older generation threads as those are the folks that are collecting corvettes now.
By the way I drive mine but also thing how cool it will be for my grand kids and my great grand kids to have this car when they are old enough. Assuming that unleaded gas is still available
Last edited by okie08vette; Sep 7, 2012 at 11:24 AM.
I wouldn't consider any C6 as a collector's car at least in a financial sense. For me an investment has a positive rate of return and/or a reasonable expectation of a positive return in the future. The overwhelming majority of all cars simply depreciate in value over time. Buying a C6 as a "collectible" is way too speculative for me. I buy a Corvette to use...it's a depreciating asset I drive and enjoy.
We did not miss the point. Using your own numbers of 20 to 30 years before they are collectable,look at the 82's or 92's now. That should put that theory to rest. They are all but worthless.
I wouldn't consider any C6 as a collector's car at least in a financial sense. For me an investment has a positive rate of return and/or a reasonable expectation of a positive return in the future. The overwhelming majority of all cars simply depreciate in value over time. Buying a C6 as a "collectible" is way too speculative for me. I buy a Corvette to use...it's a depreciating asset I drive and enjoy.
I had a 1966 BB 427/425 roadster in 1968 and had the opportunity to pick up a '63 split that need a lot of work. The '66 BB was perfect and a DD. The asking prices on the '63 was $1,000.00 but it need a lot of work most likely around $2,000-$3,000 (again in 1968). I passed saying that I would never get my money back. If I still had both or either car I would be sitting on a nice piece of change, but again back then nobody was thing that they would be a collectable.
My point is, you are correct, to take a C6 and store it for 20-30 years hoping it will become a real collectable is just to speculative, but then again one never knows. I again say that if you really want to by one and you have the money to throw away, I would look at the Ron Fellows edition and the 427 special edition. Most likely what will happen to C6's as did with the C1. C2 and some of the C3, is 20 years from now or maybe 30, people will find them and restore them to like new condition if there is that market then just like what has been done to the early models. I doubt that there are many that have been just sitting around all these years. More are complete frame off restoration compared to a real survivor.
And, unless it's a convertible, all other C6s are coupes, including the GS/Z06/ZR1
Originally Posted by landsteam
This is true.
Originally Posted by sjohnson2615
People need to stop thinking these things are collectable and just enjoy driving them.
They are nothing more than depreciating Chevrolets,but that is not a bad thing.That means you can enjoy them,and not worry about a rock chip or nick that may occur from normal driving.
Originally Posted by dvilin
Originally Posted by red2012
not a single one. drive it, use it sell it.
Of course! No C6 regular production car will be a collectible, EVERYBODY here knows that don't they? If not, holy crap there are some people on this forum living on a dream and a prayer.
Probably the millennium yellow Z51 05'. Highly sought after for it's 05' only gorgeous yellow color and for it's 05' only unique 4-spoke dough-boy steering wheel.
Not to mention the incredible performance advantage of the Z51 package.
Perhaps "desirability" is a more realistic term than "collectable". I'd certainly consider a 427 vert as a spare car when it becomes severely depreciated. However, desire is fickle and who knows if I'll still want one in five years when it becomes yesterdays news.
Maybe GT1, 427 Vert, ZR1? All depends on what's left in the future and what people want in the future. I don't believe sticker, color and embroidery packages will make any of the cars more collectible unless it's something like the '98 Aztec Gold. I think the real value cars are mostly something that nobody wanted when made and then end up fitting a niche in the future.
I have been saying it for years that what is collectible isn't and what isn't is.....meaning in many cases your run of the mill C6, low miles in great shape in about 30 years will be desirable. Factory packages like anniversary editions and the like generally don't do any better than the regular production versions.
The reason why is supply and demand. Sadly many of the normal production models will be scrapped or not in good shape in about 30 years, but many of the special versions will.
Naturally, high Performance versions will always more sought after, but keep in mind what is the Mac Daddy today will be old news in the future.
We did not miss the point. Using your own numbers of 20 to 30 years before they are collectable,look at the 82's or 92's now. That should put that theory to rest. They are all but worthless.
well put. i was trying to convey your exact thoughts in my mind but couldn't get the words out. you hit my thoughts right on the head. my first new vette was a '81 all beige loaded to the guts and was one of the very early BG produced cars. first year of the fiberglass leaf spring, computer command control etc.... now 30yrs later if i still had it? ha ha. msrp was $19.500 and i paid 17.900. a nice dd now but hardly collectable or desirable. (i wouldn't mind having it now for the nostalgia aspect as it was a sharp car but that was it.)
So now with the end of the C6 coming which models do you suppose will be come the most collectible?
Of course the ZR1 and Z06 models should have good collecability but for the coupe and vert what do you think?
It would seem to me that the 08 because it was the first year of the LS3 would be a desirable model in years to come.
Any other ideas?
LMAO, just as many collectibles as there were in C4 and C5