The Value of the C5 Hard Top
#1
The Value of the C5 Hard Top
Hello to all:
I vaguely remember reading here (or maybe it was some other place) about the value of the C5 hard tops. The point being made was that since hardtops are not made anymore, that one would expect their values to rise due to the scarcity of them. Is this correct? Anybody want to offer their thoughts on this subject?
I vaguely remember reading here (or maybe it was some other place) about the value of the C5 hard tops. The point being made was that since hardtops are not made anymore, that one would expect their values to rise due to the scarcity of them. Is this correct? Anybody want to offer their thoughts on this subject?
#2
Melting Slicks
Like anything, value can be linked to supply and demand. The question is, as the years go by, will the FRC be sought after more than the Targa top or vert. Only time will tell. I suppose a case could be made that it will be.
Maybe FRC owners have the inside track on this question.
Maybe FRC owners have the inside track on this question.
#3
Burning Brakes
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I feel the value of the hard top will rise but it will be a long time!! I also think that it will apply only to the 99 and 00 models since the total production is around 6000 for those two years. The Z06 wont increase as much in my opinion because of close to 60000 production over four years
#5
Drifting
Originally Posted by Fuelie driver
I feel the value of the hard top will rise but it will be a long time!! I also think that it will apply only to the 99 and 00 models since the total production is around 6000 for those two years. The Z06 wont increase as much in my opinion because of close to 60000 production over four years
#6
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St. Jude Donor '06-'07
I dont think there will be any big difference in price between frc, coupe, and verts. The price will be based on options and condition of vehicle. This is in the next 25 years after that hard to say if any of them will have any value.
#7
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I vaguely remember reading here (or maybe it was some other place) about the value of the C5 hard tops. The point being made was that since hardtops are not made anymore, that one would expect their values to rise due to the scarcity of them. Is this correct? Anybody want to offer their thoughts on this subject?
#9
Melting Slicks
Keep in mind, just because something has a low production (is rare), doesn't alway make it sought after and valuable. I've seen some pretty rare options and color combinations on some Chevies (not Vettes), and there was little demand for them.
However, it is my understanding that some people consider it a "real find" to locate a classic Vette with the radio delete option. When you consider how people viewed that option in the 60s VS now, the situation becomes interesting.
I know where you are going with the original question, but many of us here probably will not live long enough to see the non Z06 FRC car fetching high bucks and being highly sought after.
That's just my 3 cents.
However, it is my understanding that some people consider it a "real find" to locate a classic Vette with the radio delete option. When you consider how people viewed that option in the 60s VS now, the situation becomes interesting.
I know where you are going with the original question, but many of us here probably will not live long enough to see the non Z06 FRC car fetching high bucks and being highly sought after.
That's just my 3 cents.
#10
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Originally Posted by jag71usa
Hello to all:
I vaguely remember reading here (or maybe it was some other place) about the value of the C5 hard tops. The point being made was that since hardtops are not made anymore, that one would expect their values to rise due to the scarcity of them. Is this correct? Anybody want to offer their thoughts on this subject?
I vaguely remember reading here (or maybe it was some other place) about the value of the C5 hard tops. The point being made was that since hardtops are not made anymore, that one would expect their values to rise due to the scarcity of them. Is this correct? Anybody want to offer their thoughts on this subject?
Better resale price - yes, in about 50 years
#11
Team Owner
With the exception of a few unique and special C5s I doubt that any will ever really appreciate; that is outpace the index of inflation over time based on the MSRP.
#12
Originally Posted by Fuelie driver
I feel the value of the hard top will rise but it will be a long time!! I also think that it will apply only to the 99 and 00 models since the total production is around 6000 for those two years. The Z06 wont increase as much in my opinion because of close to 60000 production over four years
http://photobucket.com/albums/y107/deercula/
#13
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I don't think that the hardtops will be any more valuable than the other C5's, especially in the foreseeable future. Just not that much going for them over the other body styles.
#15
Safety Car
your particular hardtop will probably be worth alot to you when you are old and wish you had kept it to rememeber back when you were younger
thats what my dad tells me anyway
as far as value goes
the c5 is nto and will never be an investment instrument
thats what my dad tells me anyway
as far as value goes
the c5 is nto and will never be an investment instrument
#16
Melting Slicks
Originally Posted by deercula
When I was looking for my C5, a broker told me that the "Hardtop/FRC" will be worth more in years to come. That is the opinion of someone that makes his living on Corvettes. The question really is how much more will they be worth than a coupe or vert. According to him the FRC will bottom out and start to appreciate faster than the coupe/vert. Every year cars are wrecked, burned, flooded, stolen, removed from the country, etc. As their numbers dwindle from 6000, the remaining ones will be harder to find, thus more valuable. This will take years. Last week there were at least 3 Hardtops on E-bay. The bottom line for me is that I didn't buy one for an investment. The car begs to be driven and that's what I do. Pics of mine @
http://photobucket.com/albums/y107/deercula/
http://photobucket.com/albums/y107/deercula/
#17
Race Director
IMO, I do not believe the FRC will increase in value more than the Coupes or Verts. Even though they were fewer in numbers, but one should remember they were built to be the "bargan basement" value Corvettes having few options. Even though the ZO6's and FRC share the same body, they should not be placed in the same category because they a two totally different cars with many different components. The FRC platform was chosen solely because of it's structral integrity, not for it's rarity.
Keep in mind, purchasing a vehicle solely for an investment has never been a good idea.
Keep in mind, purchasing a vehicle solely for an investment has never been a good idea.
#18
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Originally Posted by JDs00PewterCoupe
I don't think that the hardtops will be any more valuable than the other C5's, especially in the foreseeable future. Just not that much going for them over the other body styles.
no matter how few of an item was made, as long as there is "one more" than the current demand requires, there will be no increase in value.
If at any given time there are 50 people wanting a Widget model X.... if there's 51 Widget model X's available for sale - there is no added value.
.
Last edited by Mike Mercury; 06-08-2005 at 09:15 PM.
#19
Corvette C5 Enthusiast
Originally Posted by StephenT
With the exception of a few unique and special C5s I doubt that any will ever really appreciate; that is outpace the index of inflation over time based on the MSRP.