C6 Corvette General Discussion General C6 Corvette Discussion not covered in Tech
Sponsored by:
Sponsored by:

Is the 427 Collector's Edition Truly A Collector's Car?

Thread Tools
 
Search this Thread
 
Old 12-13-2012, 11:00 AM
  #1  
Rathmullan
Burning Brakes
Thread Starter
 
Rathmullan's Avatar
 
Member Since: Nov 2012
Location: Wisconsin
Posts: 1,049
Received 1 Like on 1 Post
Default Is the 427 Collector's Edition Truly A Collector's Car?

Okay, that was a rhetorical question. But given some recent posts going around about top ten reasons to buy a C6 now, I'm thinking the 427 CE is in fact the ultimate collector's car. I weighed in on the top 10 reasons list that like it or not, GM is, in part, Government Motors now and I stated that I believed, as such, GM will reflect government energy policy considerations going forward (what we think we kinda know about the C7 sort of reflects that). Point is, The C6 was designed at a time when the G in GM stood for "General". If I were younger and had the dough, I'd definately buy a 427 CE. Or if I had the dough and a son or daughter who were worthy, I'd buy one just to drive occassionaly and then will it to that kid as one hell of a legacy inheritance.

Maybe I'm just suffering from Corvette fever and not looking at this correctly?
Old 12-13-2012, 11:06 AM
  #2  
ATC399
Le Mans Master
Support Corvetteforum!
 
ATC399's Avatar
 
Member Since: Nov 2005
Posts: 8,010
Received 768 Likes on 395 Posts

Default

Mass produced...yeah it about 150 years if its the only one left and it will still be a CHEVY
Old 12-13-2012, 11:09 AM
  #3  
BWF07
Le Mans Master
 
BWF07's Avatar
 
Member Since: Sep 2006
Location: Palm Harbor not far from Sebring Florida
Posts: 9,493
Received 824 Likes on 393 Posts
St. Jude Donor '11
Oldtimer

Default

Lets face it to be a collector car, it will take at least 20-30 years before we will (or in my case) or the younger generation will see any value as a collector car.

Now my own opinion, is if GM/Chevrolet wanted it to be a possible true collectable, they would have issued a limited number of the anniversary edition only. Not simply allowed anyone to order a 427 convertible or roadster as I like to call them in any color.

Maybe the only thing that will make them collectable, will be the fact that they are the only year that you could get a 427 in a roadster body.

I suppose only time will tell and I most likely will not be around to see it.
Old 12-13-2012, 11:12 AM
  #4  
4SUMERZ
Race Car Tech
Support Corvetteforum!
 
4SUMERZ's Avatar
 
Member Since: Nov 2009
Location: North East
Posts: 11,002
Received 2,331 Likes on 1,667 Posts

Default

It's a beautiful machine, but I and many others will be long gone before it's even considered in the collector car class. If the C7 is a complete bust, then maybe the ZR1, Z06 and CE cars will be worth something.
Old 12-13-2012, 11:21 AM
  #5  
Tonylmiller
Race Director
 
Tonylmiller's Avatar
 
Member Since: Apr 2006
Location: Huntsville AL
Posts: 11,852
Received 526 Likes on 343 Posts

Default

In reality it is just a marketing ploy, but it Is also one heck of a car.
Old 12-13-2012, 11:59 AM
  #6  
dvilin
Team Owner
 
dvilin's Avatar
 
Member Since: Nov 2007
Location: Rochester, NY
Posts: 44,752
Received 7,934 Likes on 4,814 Posts

Default

Great Vette but like any other car keep it long enough and call it what you want, like a collector car.
Old 12-13-2012, 12:12 PM
  #7  
AORoads
Team Owner
 
AORoads's Avatar
 
Member Since: Jun 2005
Location: Northern, VA
Posts: 46,111
Received 2,485 Likes on 1,947 Posts
St. Jude Donor '15
"In honor of jpee"

Default

Why not think of it this way: who defines what is a collectors edition of anything? Is it the company, the advertisement, the first buyers, the next buyers, the market, the press/media? Even when there are "limited runs," "signed editions," "special packages," etc. in all forms of merchandise, no one knows exactly when, or if something will become collectible or worth more than when it was produced. The beauty of it all is, we can guess and hope. Kinda like digging for oil or gold---sometimes you strike it rich.....
Old 12-13-2012, 12:15 PM
  #8  
TOBASCO
Le Mans Master
 
TOBASCO's Avatar
 
Member Since: Feb 2000
Location: Murfreesboro, TN
Posts: 7,306
Received 138 Likes on 62 Posts
CI 2-4-5-6-7-8-10-11-12 Vet
NCM Ambassador
St. Jude Donor '08-'11-'13-'14-'15

Default

IMHO - instant classic!
Old 12-13-2012, 12:16 PM
  #9  
Rathmullan
Burning Brakes
Thread Starter
 
Rathmullan's Avatar
 
Member Since: Nov 2012
Location: Wisconsin
Posts: 1,049
Received 1 Like on 1 Post
Default Absolutely!

Originally Posted by LV2TOUR
It's a beautiful machine, but I and many others will be long gone before it's even considered in the collector car class. If the C7 is a complete bust, then maybe the ZR1, Z06 and CE cars will be worth something.
Absolutely agree. That's why I said that if I were younger I would buy one. I figure it will be 30 to 40 years before the car really begins to appreciate in value. BY then I'll either be dead or drooling away in some nursing home.
Old 12-13-2012, 12:20 PM
  #10  
TLS_Addict
Team Owner
 
TLS_Addict's Avatar
 
Member Since: Oct 2007
Location: PA
Posts: 24,713
Received 677 Likes on 347 Posts

Default

You can collect anything.

I love the car and it will be worth more than most C6's but its a long way away from being the status of a 60s Vette.......about 50 years to be exact. lol

But then again age has nothing to do with it. Quite a few 90s cars are collector cars already.
Old 12-13-2012, 12:27 PM
  #11  
JLMounce
Melting Slicks
 
JLMounce's Avatar
 
Member Since: Jan 2007
Location: Evans Colorado
Posts: 2,633
Likes: 0
Received 1 Like on 1 Post
Default

Pretty much the first rule of thumb when it comes to valuation on collectable goods is that if it says "collector edition," it's not.

As TLS Addict points out, you can certainly collect anything. However that doesn't mean that the vehicle will hold any intrinsic value outside of sentimental.

There are certainly some modern corvettes that will likely become sought after enough to at some point see their depreciation curve turn upside down. Whether that includes any of the 427's is yet to be seen. It's going to take 20+ years on that end. It's got some things going for it though. Last year of production for the C6, model that was not introduced and not available through the generations entire run. That in itself limits it's build numbers. It also benefits from GM's now allowance on near total customization by owners.
Old 12-13-2012, 12:48 PM
  #12  
Racer
Team Owner
 
Racer's Avatar
 
Member Since: Mar 2001
Location: Manitoba/San Jose del Cabo
Posts: 25,021
Received 77 Likes on 56 Posts
Cruise-In III Veteran
St. Jude Donor '11

Default

No.
Old 12-13-2012, 12:56 PM
  #13  
FloydSummerOf68
Race Director
 
FloydSummerOf68's Avatar
 
Member Since: Mar 2007
Location: Missouri City Texas
Posts: 11,331
Likes: 0
Received 14 Likes on 14 Posts

Default

It will never be worth anything. In 30 years it'll be another one of the mass-produced corvettes not worth anything.

C6 ZR1s will start to drop heavily in the next few years as well. Z06s are already there

Last edited by FloydSummerOf68; 12-13-2012 at 01:01 PM.
Old 12-13-2012, 01:19 PM
  #14  
su8pack1
Team Owner

 
su8pack1's Avatar
 
Member Since: Feb 2006
Location: Eastern PA
Posts: 41,340
Likes: 0
Received 49 Likes on 27 Posts
2021 C6 of the Year Finalist - Unmodified

Default

50 years from now, maybe.
Old 12-13-2012, 01:47 PM
  #15  
Keep 'Em Flying
Drifting
 
Keep 'Em Flying's Avatar
 
Member Since: Dec 2012
Location: Planes Of Fame KCNO
Posts: 1,715
Likes: 0
Received 0 Likes on 0 Posts
Default

Just ask all the people that bought 1978 Corvette Pace Cars
Old 12-13-2012, 01:50 PM
  #16  
z06inVB
Race Director
 
z06inVB's Avatar
 
Member Since: Aug 2006
Location: Raleigh
Posts: 19,307
Likes: 0
Received 1,110 Likes on 523 Posts

Default

Originally Posted by su8pack1
50 years from now, maybe.
I look forward to that when I am 102. At 52 I dont really think along the lines of long term collectibility anymore.

I think back to all the guys that stashed away the 78 Pace cars and silver anniversary cars and where did it get them? Not far. I would rather drive the wheels off it.
Old 12-13-2012, 01:56 PM
  #17  
flange
Team Owner
 
flange's Avatar
 
Member Since: Aug 2012
Location: resting comfortably in my mind
Posts: 32,728
Received 267 Likes on 136 Posts
St. Jude Donor '14

Default

I bought a regular version of the 427, and while its a great vehicle, I dont see it being a colllectible. I was going to buy a vette convertible anyway, and moved to the 427 for the coolness of it NOW, as opposed to letting it sit in my garage for thirty years HOPING it becomes a collector. Mine will see plenty of road time in nice weather, and I will likely be out of it for a loss long before it could even try to become a collectors car.

Maybe if it does become collectible in fifty years, and I am still alive at 95, I will try to buy my old car back, lol.

Get notified of new replies

To Is the 427 Collector's Edition Truly A Collector's Car?

Old 12-13-2012, 01:59 PM
  #18  
talon90
Team Owner
Support Corvetteforum!
 
talon90's Avatar
 
Member Since: Aug 2002
Posts: 35,617
Received 153 Likes on 73 Posts
Tech Contributor
Cruise-In 11 Veteran
NCM Ambassador
St. Jude Donor '05-'06-'07-'10

Default

Originally Posted by Tonylmiller
In reality it is just a marketing ploy, but it Is also one heck of a car.
That might be a little harsh. A marketing ploy is when they put decals on a current car, maybe add a color and some contrasting stitching.

This is a 427 wrapped in a convertible package which people have been asking for since then introduction of the sixth generation Corvette and may very well be the last opportunity to get a 427 from the factory.
Old 12-13-2012, 02:30 PM
  #19  
BWF07
Le Mans Master
 
BWF07's Avatar
 
Member Since: Sep 2006
Location: Palm Harbor not far from Sebring Florida
Posts: 9,493
Received 824 Likes on 393 Posts
St. Jude Donor '11
Oldtimer

Default

Who can say what will be happening in 30-50 years. I know there are some that want to say NO and maybe they are right. But take a look at the '67 427 Corvette's and it does not matter what engine it is, if it is a 427 it is bring in excess $100,000.00 in most cases with the 427/435 demanding top dollar.
After all this is the last year of the C6 and it is a 427 although not the legendary Big Block, but again in 30-40 years you never know.
Old 12-13-2012, 02:38 PM
  #20  
Tonylmiller
Race Director
 
Tonylmiller's Avatar
 
Member Since: Apr 2006
Location: Huntsville AL
Posts: 11,852
Received 526 Likes on 343 Posts

Default

Originally Posted by talon90
That might be a little harsh. A marketing ploy is when they put decals on a current car, maybe add a color and some contrasting stitching.

This is a 427 wrapped in a convertible package which people have been asking for since then introduction of the sixth generation Corvette and may very well be the last opportunity to get a 427 from the factory.
I meant no disrespect to the car at all. But when Chevy decides a car is collectible when still new, that is a marketing ploy.


Quick Reply: Is the 427 Collector's Edition Truly A Collector's Car?



All times are GMT -4. The time now is 07:48 PM.