Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
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#1
07-13-2004, 08:55 PM
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Re: RS Yenko???
I know this all happened months ago but I have to put my 2 cents in. The problem I have with this car is that when someone buys a car that can "afford" to pay $150k for a $50k car because he likes it, it drives up the price of every other car that the regular guy with $20-50k to spend should be able to get. Now we are paying $10k for a plain-jane Camaro that needs a complete (body, engine, tranny, frame) restoration and in the end the regular guy either buys that "rustoration" project or nothing at all because the guy that can "AFFORD IT" pays $100-150k for the $20-50k car. Of course this is just one man's opinion.
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 72 SS 350 4spd Camaro 74 Z28 Automatic 80 Z28 4spd 94 Z28 Automatic 
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#2
07-13-2004, 09:24 PM
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Re: RS Yenko???
Supply and Demand. When there are no more people out there that will pay 10K for a plain jane Camaro coupe then the price will come back down. As long as there are people willing to pay that and more then the prices will keep rising. It is like they say in the Art world. Don't buy it because you think you are going to make money on it. Buy it because you enjoy it. Then even if you don't make money on it you will still have the pleasure of owning, driving, racing, and etc.
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~JAG~ NCRS#65120 68 GTO HO 4 spd Alpine Blue /Parchment 2 owner car #21783 71 Corvette LT1 45k miles Orig paint - Brandshatch Green - National Top Flight - last known 71 LT1 built. 71 Corvette LT1 42k miles Original paint - Black - black leather - only black LT1 known to exist. NUMEROUS Lemans blue Camaros, Monza Red and Daytona Yellow Corvettes & a Chevelle or two... Survivors, restored cars, & other photos https://picasaweb.google.com/lh/myphotos
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#3
07-13-2004, 09:28 PM
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Re: RS Yenko???
Heck I don't buy them to make money, I just want to be ABLE to buy them!!!
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72 SS 350 4spd Camaro 74 Z28 Automatic 80 Z28 4spd 94 Z28 Automatic
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#4
07-14-2004, 08:51 PM
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Re: RS Yenko???
As the population grows, your going to get more people interested in "antiques". Not only that but these baby boomers are making their mark in the world now and have money to buy their dream cars. Simply put, there won't be enough to go around and those that have will get. How else are you going to explain the recent prices of 70-71 Cuda/Chalanger Hemi Ragtops?. Personally i don't see the market ever coming down. It might fluctuate, but i would say buy what you can now becouse it ain't changin!!
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#5
07-14-2004, 09:38 PM
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Re: RS Yenko???
I agree. The current prices on collector cars in gereral are not going to come down. So many people are wondering when the "bubble" will burst. I don't believe it will. I was told 10 years ago to buy what you can afford because the prices will only go up and they have. Just my thoughts.
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Steve 67 Z-28 69 COPO Camaro
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