What re our cars really worth???
This is a discussion on What re our cars really worth??? within the General Help forums, part of the LSx Technical Help Section category; Originally Posted by transamtom Loaded, Leather, T's Good condition probably a 7-7.5 overall when I bought it. Body was a ...
11-02-2010, 10:11 AM #21
- Join Date
- Oct 2008
- New Brunswick Canada
- BLK TA modded 12.2@113mph
Beautiful car 4 sure
07-14-2011, 10:25 AM #22
Well 1st off any v8 is a low desired car for the masses for resale and will be harder to sell .
The 4 bangers are king when it come to resale all the commuters have to have em.
Another point bearbones buyers want gas mileage 1st and reliability 2nd cheap to own and maintain.
Buyers want 4 doors these cars dont attract cops so less tickets, smaller tires cheaper to replace ect.
Bottom line job questionability housing in the dumps gas goin thru the roof has hurt resale of all v8 cars period.
A beautiful gas guzzlin toy aint what masses are looking to buy, i think with the gas situation even G.M. has seen the writing on the wall hence the sonic being biult for later in the year smal 4 banger turbo smaller than a cobalt .
07-14-2011, 01:02 PM #23
Well, it hasn't hurt sales for "all V8 cars period". The classic car market is still strong with many desirable models going for 6 figures.
I do agree however the housing market is in the slump, jobs are scarce, and it's affecting what people will purchase for daily commuting. Our family however doesn't fall into that catagory of cookie cutter "lets do what the rest of society is doing" type of thing. We couldn't care less for 4 banger 4 door cars. If that's all the big 3 are going to make in the future, I'll be dead and gone before I buy another new car.
We have found It's actually more cost effective, more environment friendly, and a better investment to keep the old stuff we have, work on it, maintain it, and do things to those cars for better mileage. A little tweak here, a little twist there goes a long way. For what we drive (all 11 cars are V8's) I have some of them running very efficient that do better than the soccer mom mini vans running around.
Besides, the cost of a new car (even a cheap one if there is such a thing,,,haha) sure would buy me a hell of alot of gas for the cars I already have. So I just don't see it as a wise move.
07-15-2011, 04:09 AM #24
07-15-2011, 08:54 AM #25
My thoughts are that they probably won't really become a huge collectable like we are used to seeing from the 40's-50's-60's classic cars.
The biggest reason for that, and I'm not trying to insult 4th gens, I've owned enough of them, but they are cookie cutter type cars. Only changes are minor outside and inside appearance packages, none of which have any real character. The worst part though is all the drivetrains were the same ole' LS1 engine with only 2 different transmission options. That doesn't always appeal to the collector car market.
You might see some of the Firehawks gain in value because of limited production runs, and falling behind that might be some well preserved WS6's and SS camaro's. But I just don't look for them to be worth all that much even in the next 20 years. If you want something that is going to continue to appreciate and be a worthwhile investment, buy a classic car that has some merit. They are better than 401K's. The problem now is that anything worth owning is already expensive to buy.
07-15-2011, 09:22 AM #26
In short, a car is worth what someone will pay for it.
07-15-2011, 11:02 AM #27
Lets face it at this time especially w/ everyone underwater and or gettin pink slips ect.
I believe that the lower the price for basic transpo the more interest in it.
Yeah always theres some that like v8's no matter ho high gas goes ect.
Hell some will ride bart, have liability ins only ect just masses trying to keep head above water.
Beautiful fast cars are a luxory for the few compared to the econo cars acompanied w word of mouth reliability.
I mean basics baby basics right now w capital letters its really what s happenning now more than ever!
Wall mart, moving to smaller places, dollar tree, used corrolas and civics liability only, few restaurants eatin at home, cutting comcast, putting on a coat keepin heater off ect.
These are the behaviors of america by a wide margin now but talked little about it.
Hell most dont even have 401k's now.
07-17-2011, 07:33 AM #28
- Join Date
- Oct 2007
- Florence, AL
Our cars are not worth much. They're not collectors items or anything.. You'd be hard pressed to get what you want out of it, especially in this economy.
07-18-2011, 05:38 AM #29
So many 4th gen cars for sale around the area. I don't pay much attention to the 93-97 models, but I look at the prices of the 98-02 cars. v6 cars are running anywhere from 1200 for a high mileage barely running trash can to about 4500 for a low mileage ( less than 50k) super clean car.
The v8 cars are just the same. startinga t about 3000 and running to about 9000. There are some for sale at higher prices, but they have been for sale for a long time.
Whatever the reason, they just aren't selling well or at high prices anymore in this area.
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