JFX001
UltraDork
5/7/12 7:32 p.m.
Within the last 20 years ( in addition to the ones mentioned above):
C4 ZR-1 and Grand Sport
Callaway Corvette
Some Saleen models (depends on model/quantity)
Hertz Shelby's
Defender 110 (US spec)
GMC Typhoon
1995 Mystic Cobra
Mercedes 500E
Allante w/Northstar
'93-'95-'00 Mustang R models
'97 Viper GTS
Prowler (Woodward and the other edition)
Eh, enough for now.
Definitely Fiat Spiders. Any year know they're gonna double and treble in price, no doubt. Especially the fuel injected ones.
Also, mine is for sale.
bravenrace wrote:
In reply to Anti-stance:
04 and 05 Mustang's were two different generations. And the '05 and up Mustangs are better cars all the way around.
Crap, I fixed it. I should have known better, I worked at a Ford dealer when the 05s came out. You are right, the build quality was FAR superior to any mustang before. But damn the 03-04 Cobras were awesome!
B430
New Reader
5/7/12 11:21 p.m.
I dont think the 03-04s cobras will be collectable because the gt500 came out after and will always be more valuable than the 03-04.
The mach1 was made for 2 years then died and was the only live axle mustang with the dohc motor. Had the cobra brakes, subframe connectors stock, historical tie in, attractive graphics package, front lip. Plus the hood scoop is cool.
pimpm3
Reader
5/7/12 11:38 p.m.
BMW M Coupe especially the S54 Model.are the next e30 M3's as far as collectibility.
1st Gen Miatas will be like the 1st gen RX7. Great cars, interesting, but they made to many for them to be truely collectible.
Somebody made the differentiation between a collector car and cars worth real money. Pretty much every car listed by anyone in this thread will be a collector car. Almost none of them will be worth real money.
Otto Maddox wrote:
Somebody made the differentiation between a collector car and cars worth real money. Pretty much every car listed by anyone in this thread will be a collector car. Almost none of them will be worth real money.
Well I'm glad you can see the future.
We're thinking about selling our house. Can you tell me what the housing market will do in the next year or so? How about the next 30 years? What about interest rates?
Look at what's happened with the Porsche 356. ALL of them have shot up, not just the 4 cam cars and Speedsters, but all of them. I rememeber when people were calling them glirified VWs and saying they'd never hit (Otto was that you?)
Javelin
UltimaDork
5/8/12 8:57 a.m.
B430 wrote:
I dont think the 03-04s cobras will be collectable because the gt500 came out after and will always be more valuable than the 03-04.
The mach1 was made for 2 years then died and was the only live axle mustang with the dohc motor. Had the cobra brakes, subframe connectors stock, historical tie in, attractive graphics package, front lip. Plus the hood scoop is cool.
Wow, that whole thing is just wrong. The 03/04 Cobra's are already worth more than a first-year GT500. The exclusivity, severely underrated power, and NOT being associated with that money-grubber are all factors.
And while I personally believe the Mach 1 will be a desired car, it was far and away NOT the only fox chassis/solid rear axle with the DOHC. Does the 96-98 Cobra ring a bell?. Also, the Mach 1 definitely does not have SFC's stock.
I was recently at a private party at the Lingenfelter Car Collection (quite cool!), and of the cars listed here, they had....
- Solstice GXP Coupe, stock
- Impala SS, stock
- Terminator Cobra Mustang
- Ford GT
- Callaway Corvette(s)
- M Coupe
- Acura NSX
There was also a very nice assortment of other cars as well ;)
I figure that, considering the other cars in the collection, many of them will appreciate in value quite nicely.
In reply to Cotton:
I guess I don't really think of a 356 as being worth a lot of money. What is a decent driver worth? $30K? Camry money. If you had bought one new, maintained and insured it for 50 years, it would have been a miserably bad investment.
Cars are for driving. And the more you drive them, the less they are worth. Bad, bad investments.
buy one of each listed thru posts just to cover all the bases
Javelin
UltimaDork
5/8/12 9:11 a.m.
In reply to Chuck Schick:
And the truth comes out. You just don't watch car values, huh? Average plain 356's are closer to $50,000 for a Coupe and $85,000 for a Cabrio, and $100K for a Roadster. That's a plain 356, not a Speedster or a Carrera or even a Super. That's not just walking-around money, friend.
In reply to Javelin:
I went on Hemmings about five minutes ago and looked for nice drivers. They seem to be around $30K. Cars with full $100K restorations look to be around $75K. No conspiracy here.
And by the way, $100K is walking around money for guys who buy cars like that.
Javelin wrote:
In reply to Chuck Schick:
And the truth comes out. You just don't watch car values, huh? Average plain 356's are closer to $50,000 for a Coupe and $85,000 for a Cabrio, and $100K for a Roadster. That's a *plain* 356, not a Speedster or a Carrera or even a Super. That's not just walking-around money, friend.
Seriously. Probably a good idea to stick with Consumer Reports, so he can continue to hit the mark with those Camry valuations.
Javelin wrote:
B430 wrote:
I dont think the 03-04s cobras will be collectable because the gt500 came out after and will always be more valuable than the 03-04.
The mach1 was made for 2 years then died and was the only live axle mustang with the dohc motor. Had the cobra brakes, subframe connectors stock, historical tie in, attractive graphics package, front lip. Plus the hood scoop is cool.
Wow, that whole thing is just wrong. The 03/04 Cobra's are *already* worth more than a first-year GT500. The exclusivity, severely underrated power, and NOT being associated with that money-grubber are all factors.
And while I personally believe the Mach 1 will be a desired car, it was far and away NOT the only fox chassis/solid rear axle with the DOHC. Does the 96-98 Cobra ring a bell?. Also, the Mach 1 definitely does not have SFC's stock.
I think the new Boss 302's, especially the Laguna Seca edition, will be more desirable than the Cobra's or the new Shelby's.
Chuck Schick wrote:
In reply to Javelin:
I went on Hemmings about five minutes ago and looked for nice drivers. They seem to be around $30K. Cars with full $100K restorations look to be around $75K. No conspiracy here.
And by the way, $100K is walking around money for guys who buy cars like that.
There is a huge difference between a "nice driver" and a top of the line car.
100k may be walking around money for some of the guys with those cars, but there are just as many that work their ass off and save and sacrifice to buy their dream car. Not everyone who collects and enjoys high dollar cars is rich.
If B-Spec goes anywhere, I would expect those cars to be interesting. Anything that is currently winning races will be collected.
(ulness you guys are buying 510's for other reasons....)
Cotton wrote:
Javelin wrote:
In reply to Chuck Schick:
And the truth comes out. You just don't watch car values, huh? Average plain 356's are closer to $50,000 for a Coupe and $85,000 for a Cabrio, and $100K for a Roadster. That's a *plain* 356, not a Speedster or a Carrera or even a Super. That's not just walking-around money, friend.
Seriously. Probably a good idea to stick with Consumer Reports, so hit can continue to hit the mark with those Camry valuations.
I thought we were having a friendly conversation here. Sorry if I said something offensive.
I could have purchased a 1962 Porsche 356B for $4,178. Average retail of that car now according to NADA classic car guide, average retail is $40,900 now (and good luck selling a car for retail).
The general consensus is that over long periods of time the stock market returns about 7% (not sure that holds true anymore but it did in the period in question). That same $4,178 invested would have leave you with about $137,000 now. Of course, you would have had to pay taxes on your income.
I think we all love classic cars here. But I don't see any point in promulgating the illusion that they are wise investments purely from a dollar standpoint.
Chuck Schick wrote:
Cotton wrote:
Javelin wrote:
In reply to Chuck Schick:
And the truth comes out. You just don't watch car values, huh? Average plain 356's are closer to $50,000 for a Coupe and $85,000 for a Cabrio, and $100K for a Roadster. That's a *plain* 356, not a Speedster or a Carrera or even a Super. That's not just walking-around money, friend.
Seriously. Probably a good idea to stick with Consumer Reports, so hit can continue to hit the mark with those Camry valuations.
I thought we were having a friendly conversation here. Sorry if I said something offensive.
I could have purchased a 1962 Porsche 356B for $4,178. Average retail of that car now according to NADA classic car guide, average retail is $40,900 now (and good luck selling a car for retail).
The general consensus is that over long periods of time the stock market returns about 7% (not sure that holds true anymore but it did in the period in question). That same $4,178 invested would have leave you with about $137,000 now. Of course, you would have had to pay taxes on your income.
I think we all love classic cars here. But I don't see any point in promulgating the illusion that they are wise investments purely from a dollar standpoint.
If you look at what was probably my first post in this thread I said I didn't buy cars for the investment....I buy them because I enjoy them.
Then I responded to your post stating the cars mentioned, while they might be collectible, they would never be worth big money...
That's when I asked if you could tell the future.
then we bickered about 356 values for a bit.
Now you are telling me the stock market is a better investment. I NEVER, not once, have said cars are a better investment. I simply took exception to your post that the cars listed in the thread will never be worth big money, because basically statements like that annoy me when there is simply no way you can know.
In reply to Cotton:
Sorry if I took this in the wrong direction. Seriously.
Chuck Schick wrote:
In reply to Cotton:
Sorry if I took this in the wrong direction. Seriously.
Me too. Probably a lack of coffee this morning. Sometimes trains just go off the tracks.
As far as future collectibles. I think clean unmolested MKIV turbo Supras are a good bet.
Part of my bias is that I'll never have a top of the line car. I tend towards nice drivers. And mass produced cars in driver condition rarely bring big money.
My neighbor just bought a really nice driver '67 Mustang (fake GT) for $8K. That is my idea of a great classic car. It probably won't lose value even though he drives it around and lets the neighborhood boys climb all through it when he brings it out.
In reply to Chuck Schick:
That's exactly what's good about vintage Mustangs. They made a lot of them, so they aren't particularly rare, unless special versions, so you can buy them reasonably. And because from an engineering standpoint they weren't particularly good cars, doing well thought out mods actually increases their value. After owning it for 14 years, mine is worth about what I have into it, but I've also been able to make changes to it that suit me, instead of having to deal with things I don't like and not wanting to change it because it will hurt it's value like some other cars.
Just before I bought it, I passed on a 12k mile original '68 Z-28 for $20k in 1998. I didn't buy it because it was so nice that I knew I wouldn't drive it the way I wanted to. If I had bought it and sold it during the big muscle car bubble I would have made a lot of money that I won't make on my Mustang. In a financial way I regret it, but I've had more fun with the Mustang than I would have had with the Z-28, so from that standpoint I'm fine with it. It's nice when you own an old car that appreciates in value, but it's also nice when you can buy one that doesn't cost an arm and a leg.
I'd rather have the investors do their thing somewhere else so old cars remain reasonably priced.
But that still doesn't mean they wouldn't be collectible.