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Advanced Member ![]() ![]() Group: Advanced Members Posts: 458 Joined: 11-October 05 From: Uniontown, Pa Member No.: 917 ![]() |
I was doing an autotrader search for 3rd gen Camaros in the 89-92 year range and was surprised with the prices I was seeing. I only did a 200 mile search and got about a full page of Camaros in the 7k-10k price range. And a few of them were near 15k. Granted, they were the super low mileage garage queens. But come on, you can get a really nice low mileage LS1 car for that kind of coin. Most of the cars in the 7-10k range had between 25k and 50k miles on them. This is what struck me as odd. I bought my 94 Z28 6-speed hardtop last summer with only 28k in absolutely mint (and I mean M-I-N-T) condition for 7k. And as far as LT1 4th gens go, that seems to be the top of the pricerange.
Is this a sign of things to come? Is my car going to increase in value once the 5th gens come out? This doesn't make any sence to me. This post has been edited by z28jeff: Dec 12 2006, 12:59 PM |
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Advanced Member ![]() ![]() Group: Advanced Members Posts: 934 Joined: 7-March 06 Member No.: 1,113 ![]() |
I was doing an autotrader search for 3rd gen Camaros in the 89-92 year range and was surprised with the prices I was seeing. I only did a 200 mile search and got about a full page of Camaros in the 7k-10k price range. And a few of them were near 15k. Granted, they were the super low mileage garage queens. But come on, you can get a really nice low mileage LS1 car for that kind of coin. Most of the cars in the 7-10k range had between 25k and 50k miles on them. This is what struck me as odd. I bought my 94 Z28 6-speed hardtop last summer with only 28k in absolutely mint (and I mean M-I-N-T) condition for 7k. And as far as LT1 4th gens go, that seems to be the top of the pricerange. Is this a sign of things to come? Is my car going to increase in value once the 5th gens come out? This doesn't make any sence to me. Going off experience, the 4th gens will probably go down in value temporarily when the 5th gens arrive. Its hard to say what market the 5th gen will appeal to, especially if they keep the independent rear suspension that was on the show car and the $30k+ starting price tag. Cant claim to be an expert, but nice 3rd gens have pretty much crossed over the line into collector category. 1st gens are outrageous. 2nd gens close behind. That leaves 3rd gens for weekend collectors like me. 4th gens are still daily driver material, but even there, its hard to find nice 4th gens with V8's that don't have leftover holes where the nitrous used to be, a major mechanical problem or cigarette burns in the seats. Whenever I see an Fbody for sale I pull over and look at it. The nice ones are getting harder to find (ie supply and demand) I think it may depend on where you live as well. I bought a mint 87 GTA last year for $6500 (Florida) which I came across by pure luck. I have only seen maybe 6 or 8 3rd gens for sale in the past year that I would even consider buying. The rest are just one rod bearing away from being parked in the woods. my $0.02 Bock |
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