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> Buy a 3rd gen or keep the 2002?
trackbird
post Feb 15 2004, 11:32 PM
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I've been struggling with the thought that I want a 3rd gen F-body to race/drive (ok, "drive" justifies buying it to race). I am currently driving a 2002 Z28 with a reasonably sorted suspension. Actually, the 2002 is reasonably quick and handles great, it's lots of fun to drive. But, I can't decide if I should keep the 2002 and the current setup or sell everything off, return it to stock and invest my "suspension money" in a nice, non- t-top 3rd gen to play with (something I can afford to wreck). Since my 2002 has T-tops, I don't think I'll ever think of it as a serious track car (even after it's paid off), so I am really thinking of a 3rd gen and starting over. I guess the question is "Keep the rocketship street car, or buy/build a true track car?"

Am I nuts or is this "the way"? Can anyone offer the proper guidance.....
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trackbird
post Feb 16 2004, 12:42 AM
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QUOTE (mitchntx @ Feb 15 2004, 06:02 PM)
The resale on 2000 and older F-Bods is dropping like a rock ... People can hardly give them away around here.

Yea, per Kelly Blue Book, I've lost $3500 in trade in value in about 3 months. I'm not paying it off as fast as I'm losing money on it. I owe a "bunch" more than they say it's worth. But, if I return it to stock and park it and wait until I pay a little more off and keep it at 35,000 miles or so, maybe I can sell it with in a year or less.

Some days I wish I'd bought "gap" insurance.....(but then I might be tempted to use it).

I had a "bunch" of money in my 3rd gen, as I got it completed, or nearly so, I stripped it and sold it and all the parts. It was probably about $20k total (solid roller, splayed main cap, 353 Chevy, 22 gallon cell, braided lines, cage, etc).


I'm starting to hear American Iron or CMC calling my name.....

Anyone else?
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Posts in this topic
trackbird   Buy a 3rd gen or keep the 2002?   Feb 15 2004, 11:32 PM
jensend   Unless you can buy a fully developed 3rd gen. trac...   Feb 15 2004, 11:53 PM
mitchntx   Kevin, I've been mulling over this keep it or ...   Feb 16 2004, 12:02 AM
trackbird   QUOTE (mitchntx @ Feb 15 2004, 06:02 PM)The r...   Feb 16 2004, 12:42 AM
trackbird   Oh, and Jensend, welcome aboard!   Feb 16 2004, 12:43 AM
prockbp   well.. i got rid of my 2000 Z for an IROC and i do...   Feb 16 2004, 01:18 AM
PF Flyer   5 years ago I started this addiction in my (then) ...   Feb 16 2004, 02:58 AM
Doug 97SS   I say keep the 2002 and find a high 93-97 LT1. The...   Feb 16 2004, 11:50 AM
Nick   I am also selling my '02 SS for a dedicated tr...   Feb 16 2004, 05:20 PM
trackbird   QUOTE (Nick @ Feb 16 2004, 12:20 PM)I am also...   Feb 16 2004, 06:27 PM
trackbird   I had a 1989 TBI 305 Formula with an automatic. I...   Feb 16 2004, 10:44 PM
CMC#5   Are you thinking of racing, or open tracking? Raci...   Feb 17 2004, 02:42 AM
trackbird   I want to go play "wheel to wheel", Neva...   Feb 17 2004, 02:44 AM

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