GTA1990

iTrader: (1)

Apols if a repost


http://www.bloomberg.com/news/articl...classic-camaro

Interesting angle about the low miler special spec cars becoming desirable but the rest not really gaining in price. Usually you get the halo effect and the higher miler/ V6 cars etc. enjoy some follow-on appreciation. Almost carving out the high output low miler cars as a market in themselves.

zya5point0

iTrader: (4)

Wow, so maybe I shouldn't modify mine any more than it already is, lol? Now I'm pissed that I didn't grab that yellow 85 I was eying up for $4500

zya5point0

iTrader: (4)

Oh, and every IROC on the forum just went up in value

GTA1990

iTrader: (1)

Yeah, articles like this get the thirdgen out there to a wider audience (incl. the speculative investment market). Could be both good and bad!

Was interesting how the article dichotomises between the majority average to poor condition cars (as being stale price wise) and the high end museum piece as sky rocketing.

PurelyPMD

iTrader: (3)

Nothing new in investing - Always buy the best possible example you can find, increase will be commensurate with condition.

vdavie

Well I do watch these type of articles . I saw one about the 88 BMW about 4 years ago. So i picked up a dam near perfect 88 with 75k miles on it for 22k . If you follow these cars you can see that same car will bring 45-50 plus. Heck Hagerty has it listed at almost 80k. Not sure I agree with that. Still have the car. I did the same with with the 88 M5 with 64k miles and that is going through the roof! You may have to wait a bit but but sometimes these guys are right.

Vince

GCrites80s

E30 M3s went bonkers in only 2-3 years. Also, I hope you haven't gotten the bad news about Lamborghini Countaches

vdavie

Sold my Lambo 6.0 a few years back .

Vince