[Z06] will C5Z be a collectable ?
#22
Tech Contributor
It may take a while but the C5 Z06 and FRC's will be more desirable than the coupe/vert.
For sure they will be worth more too.
It not for looks, then for the low volume made.
Toque
For sure they will be worth more too.
It not for looks, then for the low volume made.
Toque
#24
Melting Slicks
#25
Le Mans Master
40 years from now, I think any of the "upper end" Corvette models are clearly going to be the more desirable models. As far as the "big money" collector cars, I imagine the C6Z has very good potential to be a big money collector if the 427 goes away. C5Z's may also have a place due to the FRC's.
This is all speculation though, and frankly....who cares at this piont..lol?
This is all speculation though, and frankly....who cares at this piont..lol?
#26
Le Mans Master
the e-argument starter was that blind statement you made about the C7 being junk...lol. You based this on...nothing?
The only info really available is the outward body design (which may not be entirely accurate), the motor with limited details, and that's about it. Based upon its performance in GranTurismo5, the car is extremely capable..appearing to possibly be as fast at the Nurburgring as the C6Z.
How this is junk, based on the limited info available, just strikes me as a very, very ignorant statement.
The only info really available is the outward body design (which may not be entirely accurate), the motor with limited details, and that's about it. Based upon its performance in GranTurismo5, the car is extremely capable..appearing to possibly be as fast at the Nurburgring as the C6Z.
How this is junk, based on the limited info available, just strikes me as a very, very ignorant statement.
#27
Team Owner
I think the FRC body-style will be desirable, but not necessarily "collectable". Heck, I have a "special Commemerative Edition" Z16 and mod it and drive it hard...not worried about resale.
#28
Race Director
Collectable- no, desireable-maybe.
but it'll be another 40-50yrs. My personal car- never, unless you like superior good looks, 500rwhp/490rwyq, and a history of driving it properly.
but it'll be another 40-50yrs. My personal car- never, unless you like superior good looks, 500rwhp/490rwyq, and a history of driving it properly.
#29
Collectible? Maybe in 40 years. But I doubt you'll be able to afford 18 gallons of gasoline in 2052.
Here's the thing. There IS a big difference between 60's/70's classic cars and modern cars. Specifically, in the electronics and computer systems.
The 60's/70's muscle cars are relatively simple machines by today's standards. They're mostly mechanical. They're easy to work on, fix, repair, whatever...with basic garage tools. Most shade tree mechanics can handle it.
On the other hand, modern cars have extremely complex electronics and computer systems. I have to imagine that these systems are going to be a nightmare to keep running in 40 years. In some cases, you may not be able to find parts at all. It may just end up being too expensive or too problematic for potential collectors.
I don't expect them (or any modern Corvette) to be worth much in the future. So I'm driving mine as much as possible.
Here's the thing. There IS a big difference between 60's/70's classic cars and modern cars. Specifically, in the electronics and computer systems.
The 60's/70's muscle cars are relatively simple machines by today's standards. They're mostly mechanical. They're easy to work on, fix, repair, whatever...with basic garage tools. Most shade tree mechanics can handle it.
On the other hand, modern cars have extremely complex electronics and computer systems. I have to imagine that these systems are going to be a nightmare to keep running in 40 years. In some cases, you may not be able to find parts at all. It may just end up being too expensive or too problematic for potential collectors.
I don't expect them (or any modern Corvette) to be worth much in the future. So I'm driving mine as much as possible.
#30
Drifting
For anything to be collectable, there has to be a demographic group that has the desire to have any one item. Look at mid century cars, the group that has a connection and desire to own them is now starting to die out. And depending on how next generations are educated there may be no desier for collector cars of any kind.
That said, having a hi performance, easy to maintain, good looking C5 Z06 at an affordable cost (know matter the milage) will alway have a place on the Desierable list. Just not at the money our generation (that includes you sub 30 types) think they should bring.
Mark
That said, having a hi performance, easy to maintain, good looking C5 Z06 at an affordable cost (know matter the milage) will alway have a place on the Desierable list. Just not at the money our generation (that includes you sub 30 types) think they should bring.
Mark
#31
Team Owner
I also think that in 20 years original C5Zs will go up in value because so many were modded. Original clean Notchback Fox bodies have gone up over the past 10 years, most were modded and driven hard. With that said they will still likely sell for less than they do now.
Last edited by 93Polo; 12-11-2012 at 05:44 PM.
#32
Instructor
It's all due to market conditions and none of us can predict what the future will bring. 60 era muscle cars developed value because of actions the insurance industry and petroleum prices drove the big three to do. Back in the day you could hardly give away a LS6 Chevelle. It took the automotive industry 25 years to recover after that. Today we have modern muscle that exceeds what was produced then, but it’s at 10 times the cost and much of the styling is inferior. All we can do is wait and see, enjoy the cars now, but if you are buying it as an investment, you should re-think that decision.
#33
Team Owner
#34
I wondered about this.. I just sold my old notchback mustang for almost as much as I bought the frc for. Pure speculation but looking at the value of this generation of vette to the fox mustang, I think in the long run the notch would've eventually commanded more money. But I must say that i enjoy driving this much more!
#35
Pro
Hi Arkus,
I think so. V8s are disappearing fast.
Remember the discussion about the C7 having a turbo or supercharged V6?
We're at the end of an era.
Regards,
Ken
I think so. V8s are disappearing fast.
Remember the discussion about the C7 having a turbo or supercharged V6?
We're at the end of an era.
Regards,
Ken
#36
Team Owner
I would like to think they will be collectible but it won't be in my lifetime and if it is it would have to be super low mileage ones. I can't buy a car and just let it sit. On a side note I miss my C5Z
#37
Melting Slicks
Thread Starter
It's all due to market conditions and none of us can predict what the future will bring. 60 era muscle cars developed value because of actions the insurance industry and petroleum prices drove the big three to do. Back in the day you could hardly give away a LS6 Chevelle. It took the automotive industry 25 years to recover after that. Today we have modern muscle that exceeds what was produced then, but it’s at 10 times the cost and much of the styling is inferior. All we can do is wait and see, enjoy the cars now, but if you are buying it as an investment, you should re-think that decision.
#38
My 03 just got totaled by a drunk driver so one less there But I think they might. Just think how many less there are each year. I am sure thousands have bet junked from accidents. Was looking at KBB and says mine was worth 27750 and a 08 z is at like 38000. So they are holding the prices pretty good.
#39
Team Owner
I wondered about this.. I just sold my old notchback mustang for almost as much as I bought the frc for. Pure speculation but looking at the value of this generation of vette to the fox mustang, I think in the long run the notch would've eventually commanded more money. But I must say that i enjoy driving this much more!
I currently wouldn't pay more than $6K for a Fox unless it was a 1993 Cobra. You can find plenty of decent ones around here for $5K and project Foxes for $2K...
#40
I got the FRC for a good price... and the fox had money into it. Nothing exotic... but much faster than my vette (for now anyhow!) Lol! In the past few years the fox mustangs have been creeping up in price, apparently its getting harder to find one without significant rust.
I wonder if its going to be like first gen camaros. Dime a dozen before but hard to find for reasonable cost now. Dunno??
I wonder if its going to be like first gen camaros. Dime a dozen before but hard to find for reasonable cost now. Dunno??
You sold a notch Fox for FRC money? You made out on that deal for sure... Don't think the Foxes will ever be worth more on average than C5s. Too many made and to low of an entry price...
I currently wouldn't pay more than $6K for a Fox unless it was a 1993 Cobra. You can find plenty of decent ones around here for $5K and project Foxes for $2K...
I currently wouldn't pay more than $6K for a Fox unless it was a 1993 Cobra. You can find plenty of decent ones around here for $5K and project Foxes for $2K...