Keeping a possible classic?
10-18-2006, 05:34 PM
#11
2nd Gear Member
Join Date: Dec 2004
Location: New Hampshire
Posts: 219
RE: Keeping a possible classic?
I think to expect a car of this era to be worth anything, it's going to have to be immaculate -- almost a museum piece. Additionally, it's going to have to be something "special". A standard run-of-the-mill GT isn't going to cut it unless it is absolutely pristine. But a very nice Cobra, Bullitt or Mach 1 will be collectable. Plus I think you'll have to sit on them a lot longer than 20 years before the value goes up to what we think of as collectable levels. The early 80s cars are just starting to creep up out of the "used car" prices, and those are 25 years old.
Anyone who buys an average "new" car and expects it to be worth something in "X" years is a fool. The collector car market is a fickle thing. You make your choice and take your chances. You really won't know for another 20-30 years.
Anyone who buys an average "new" car and expects it to be worth something in "X" years is a fool. The collector car market is a fickle thing. You make your choice and take your chances. You really won't know for another 20-30 years.
10-18-2006, 05:42 PM
#12
2nd Gear Member
Join Date: Aug 2005
Location:
Posts: 258
RE: Keeping a possible classic?
ORIGINAL: langod
I think to expect a car of this era to be worth anything, it's going to have to be immaculate -- almost a museum piece. Additionally, it's going to have to be something "special". A standard run-of-the-mill GT isn't going to cut it unless it is absolutely pristine. But a very nice Cobra, Bullitt or Mach 1 will be collectable. Plus I think you'll have to sit on them a lot longer than 20 years before the value goes up to what we think of as collectable levels. The early 80s cars are just starting to creep up out of the "used car" prices, and those are 25 years old.
Anyone who buys an average "new" car and expects it to be worth something in "X" years is a fool. The collector car market is a fickle thing. You make your choice and take your chances. You really won't know for another 20-30 years.
I think to expect a car of this era to be worth anything, it's going to have to be immaculate -- almost a museum piece. Additionally, it's going to have to be something "special". A standard run-of-the-mill GT isn't going to cut it unless it is absolutely pristine. But a very nice Cobra, Bullitt or Mach 1 will be collectable. Plus I think you'll have to sit on them a lot longer than 20 years before the value goes up to what we think of as collectable levels. The early 80s cars are just starting to creep up out of the "used car" prices, and those are 25 years old.
Anyone who buys an average "new" car and expects it to be worth something in "X" years is a fool. The collector car market is a fickle thing. You make your choice and take your chances. You really won't know for another 20-30 years.
i agree....you shouldnt be trying to keep these years for any monatary gain because lets face it keeping and/or modding a car will always be a loss as far as $$$$ go.
....but to each there own...for me its about the car not the $$$
10-18-2006, 11:22 PM
#13
2010 Blue Ball Award Recipient
Join Date: Dec 2004
Location: Eskimo Village, Indiana *No Igloo*
Posts: 7,907
RE: Keeping a possible classic?
The object isnt to bring in money.
Thats why people with the nice cars DONT sell them
in 20 + years i shoudl stil have my GT.. do i care if someone doesnt think its worth that much? no
its like when you go to a car show, see a normal '70 Fastback with a 302, its nothing special, but its still nice
Thats why people with the nice cars DONT sell them
in 20 + years i shoudl stil have my GT.. do i care if someone doesnt think its worth that much? no
its like when you go to a car show, see a normal '70 Fastback with a 302, its nothing special, but its still nice
10-19-2006, 04:07 PM
#14
2nd Gear Member
Join Date: Dec 2004
Location: New Hampshire
Posts: 219
RE: Keeping a possible classic?
ORIGINAL: 72MachOne99GT
The object isnt to bring in money.
Thats why people with the nice cars DONT sell them
in 20 + years i shoudl stil have my GT.. do i care if someone doesnt think its worth that much? no
its like when you go to a car show, see a normal '70 Fastback with a 302, its nothing special, but its still nice
The object isnt to bring in money.
Thats why people with the nice cars DONT sell them
in 20 + years i shoudl stil have my GT.. do i care if someone doesnt think its worth that much? no
its like when you go to a car show, see a normal '70 Fastback with a 302, its nothing special, but its still nice
10-19-2006, 04:12 PM
#15
4th Gear Member
Join Date: Feb 2006
Location:
Posts: 1,947
RE: Keeping a possible classic?
I will say that to all the people who have 03/04 cobras with low low low miles like under 10k those are gonna bring huge money in 25 to 30 years. Rember how much a 70 hemi cuda goes for, simmular concept kinda high retail price, people go out an get em, and then hold on to them for a few years and see what happens.
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