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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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#2
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Member ![]() Group: Advanced Members Posts: 221 Joined: 2-December 05 From: Haslett, MI Member No.: 997 ![]() |
As coincidence would have it, I will be taking the car in for an insurance appraisal this spring. My current carrier wanted to insure it with a replacement value of $2000. However I have $4950 in just paint, not to mention the powertrain or suspension.
So, it'll be interesting to see what the official value comes in at. I've got somewhere between $15K and $20K spent on the car, so I wonder what it'll insure at? I'll report on it later. |
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#3
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Advanced Member ![]() ![]() Group: Advanced Members Posts: 458 Joined: 11-October 05 From: Uniontown, Pa Member No.: 917 ![]() |
As coincidence would have it, I will be taking the car in for an insurance appraisal this spring. My current carrier wanted to insure it with a replacement value of $2000. However I have $4950 in just paint, not to mention the powertrain or suspension. So, it'll be interesting to see what the official value comes in at. I've got somewhere between $15K and $20K spent on the car, so I wonder what it'll insure at? I'll report on it later. Sounds really nice. Have any pics? |
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