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08-21-2007, 12:38 AM
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#1
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Join Date: May 2007
Posts: 429
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Will the 09 Camaro raise LS1 value?
I wonder how long it'll take my LS1 SS to go up in value.. and than how long for it to go up dramatically.
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08-21-2007, 06:02 AM
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#2
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Banned Camp Director Emeritus
Join Date: Aug 2004
Location: Somerset County
Posts: 8,395
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it could go either way. the LS1 fourth gens could go up in market value due to the fact that everyone is going to want to own a camaro. OR. its market value will go down because a lot of people will jump ship to get the new one. I'm hoping for the latter
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Quote:
Originally Posted by baddest434
and 1 more smart ass answer by you and i'm going to reach into this monitor and grab you by the throat
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08-21-2007, 06:35 AM
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#3
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Avatar Abuser
Join Date: Aug 2004
Location: 08721-1716
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ian, i didn't see that happen with the mustang, so i doubt it'll happen with the camaro (as far as everyone will want one). that's what they make v6 cars for.
i don't think the intro of the new f-body will have any effect on pricing of fourth gens. while we are talking a 7 year hiatus, i doubt that'll make a difference.
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08-21-2007, 07:58 AM
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#4
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Ayatollah of Rock N Rolla / Admin
Join Date: Mar 2006
Location: Parts Unknown
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I don't think it will raise them- I think it will be the opposite.
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08-21-2007, 08:06 AM
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#5
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MIR
Join Date: Jul 2005
Posts: 9,692
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Quote:
Originally Posted by WildBillyT
I don't think it will raise them- I think it will be the opposite.
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what he said
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08-21-2007, 08:53 AM
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#6
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12 Second Club
Join Date: Aug 2004
Location: Oradell
Posts: 8,370
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i think firebird's and trans am's may increase a little or maybe hold there current value, i see camaro's dropping at a normal pace
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08-21-2007, 09:00 AM
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#7
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15 Second Club
Join Date: Mar 2005
Location: camden county
Posts: 1,122
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what about third gen cars in good shape, like me and teds irocs!
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08-21-2007, 09:02 AM
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#8
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Join Date: May 2006
Location: Midland Park, NJ
Posts: 1,389
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I would think 4gens value will drop if they are no longer the last camaros produced
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08-21-2007, 09:06 AM
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#9
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Hippy Mod, Bergermeister Meisterberger, Moderator
Join Date: Aug 2004
Location: Ewing
Posts: 6,214
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That's a tough call because most 4th gen LS1 cars have already been modified so if an owner wants to sell and get a new one, they'll probably take a loss due to the modifications(unless you find the right buyer). If most people decide to trade them on a new one then the prices will go down as the reality of dealer trade in prices hit. I think the prices of good condition 3rd gen cars are already climbing so they'll continue to hold or go up.
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08-21-2007, 09:09 AM
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#10
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Queen of Destruction / NJFBOA Supporting Sponsor / Moderator / 12 Second Club / 2006 Member of the Year / PITA
Join Date: Aug 2004
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Quote:
Originally Posted by alamantia
I would think 4gens value will drop if they are no longer the last camaros produced
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i think 1st and 2nd gen values will climb, not sure about 3rd, 4th will probably drop like a rock, especially since the ls1 is no longer the 'it' engine
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08-21-2007, 09:48 AM
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#11
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Join Date: Apr 2005
Posts: 2,308
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Quote:
Originally Posted by WildBillyT
I don't think it will raise them- I think it will be the opposite.
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Quote:
Originally Posted by Tsar
what he said
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Same here. I think most people instead of buying a used 4th gen Camaro for $20k would rather use the money to buy a new one. However, it might raise the value and desirability of late model Firebirds/Trans Ams.
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John
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08-21-2007, 10:00 AM
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#12
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Sliderule / Moderator
Join Date: Oct 2004
Location: Catawissa PA
Posts: 2,294
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I think the prices will just continue to slowly drop over time. The new 09 car will have no impact. It won't be until the masses of 3rd and 4th gens are depleted down that the value will go up.
The 1st gen camaros have racing history and each car had it's own niche, Z28, big block, SS, RS etc. and that set each car apart from the others. Now, other then maybe the IROC and the special edition cars that may go up in price some, but all others are just cookie-cutter cars with a few different body parts. They are just not rare enough to warrant big price tags and after market built cars never match the prices of factory built cars. I don't see the 4th gen SS or Firehawk being the future 69 Z28.
The one thing I never understood is why firebirds never went up in price the way the camaro did? back in the 70's everyone wanted a T/A yet now the prices are so low in the market?
Just my .02
JB
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08-21-2007, 10:05 AM
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#13
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Join Date: Nov 2005
Location: Edison
Posts: 7,856
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A reason why the prices go up in time is because, when people where growing up they wanted that hot 69 camaro, and 70 camaro, and now they can afford it. So someday, its going to be the same thing with ls1 car's, right now they are going down, but in time, they will start to go up again.
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08-21-2007, 10:12 AM
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#14
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Join Date: May 2006
Location: Midland Park, NJ
Posts: 1,389
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This is only my opinion but I cant see 2nd or 3rd gens ever going up in signifigant value, I only say that because of their poor construction, and lack of overal desierability, there is such a small percentage of people who can truly appreciate those years keeping their demand low. I have never ownded a 2nd gen but I have had many a 3rd gen and found them quite reliable, i would even consider buying one again maybe one day. But at the end of teh day they were still slow and lack the robust power-train's found in 1st and 4th gens.
1st gens will always hold their value as they are amazing and the 1st generation of a 35 year stent of a muscle car era. I am very proud of my only new car, my 2002 z28 with the 35th annaversery badge on the console, the last of the camaro, none more would ever be produced. I was even planning on selling my 69 and buying a black 67 camaro just like in better off dead and putting them side by side in my 2 car garage and one day proudly saying that I owned the very 1st and very last year camaro. Because we gotta have goals in life ya know.
As excited as I am about the 5th gen (despite chevy obvioulsy jumping on the ford, dodge band wagon) its f'ing up my entire plan in life. I believe it will dip the price of 4th gens, but eventually one day they will wind up going back up. My fathers 1969 X-77 was like $3,200 when he bought it new in 69, he tried to sell it in 1971 for $2500 and couldnt find a buyer so he held onto it.... and im sure hes damn glad he did, too bad he didnt know all those stock parts he threw away would be worth something, ha!
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08-21-2007, 11:26 AM
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#15
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Ayatollah of Rock N Rolla / Admin
Join Date: Mar 2006
Location: Parts Unknown
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Quote:
Originally Posted by WayFast84
A reason why the prices go up in time is because, when people where growing up they wanted that hot 69 camaro, and 70 camaro, and now they can afford it. So someday, its going to be the same thing with ls1 car's, right now they are going down, but in time, they will start to go up again.
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That's certianly part of it- but back in the day nobody knew that the early cars would be collectable some day so a lot of them got crushed/wrecked, etc. Now the demand is there but there is a much lower supply.
With the late cars, people know that down the road somebody will want one so they are being kept in better shape- and rustproofing etc is better on modern cars. I think more of them will be around in the future so prices won't be as high (on a percentage basis).
I certainly see the LS1 cars gaining in value in the future but not the 3rd-LT1 cars unless they are a special edition (1LE, Comp T/A, TTA, etc.)
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08-21-2007, 11:32 AM
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#16
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Join Date: May 2006
Location: Midland Park, NJ
Posts: 1,389
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and when gasoline becomes extinct and I have to convert my LS1 by ripping off the intake and installing a corn burning induction system for a 150hp loss im selling that ***** anyway
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08-21-2007, 11:36 AM
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#17
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Admin.
Join Date: Aug 2005
Location: Hamilton, NJ
Posts: 20,165
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2nd gens continue to climb in price everyday. Trans Ams lead the way, especially for 'later models'.
Build quality dampens 2nd gen prices? If that mattered, the chrysler market (or really most any old car) would not exist. Moot point.
The 3rd gen market dropped when the 4th gens arrived. I see no bump for the 4th gens, and they will continue to fall as they are basically viewed as used cars (regular 4th gens, not odd balls like gmmps or something). What happens years from now? Who knows, hard to say. They may not even be drivable in 25 years.
Really nice low mile 3rd gens are getting a few $$ now too. Not used, uber-modded ones.
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08-21-2007, 11:56 AM
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#18
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Join Date: Apr 2005
Posts: 2,308
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I think there's a big "mystique" factor to it. Today's muscles cars, while they are a part of the lineage, just don't have the awe of the originals which stand now as symbols of an era in America that will never be experienced again.
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08-21-2007, 12:03 PM
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#19
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Join Date: Jul 2006
Location: unknown
Posts: 2,776
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The early 3rd gen values should start going up due to the fact that they are becoming classics, but everything else from late 3rd gens to the 4th gens should continue how they are slowly going down.
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08-21-2007, 12:55 PM
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#20
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Admin.
Join Date: Aug 2005
Location: Hamilton, NJ
Posts: 20,165
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Quote:
Originally Posted by LS1Hawk
I think there's a big "mystique" factor to it. Today's muscles cars, while they are a part of the lineage, just don't have the awe of the originals which stand now as symbols of an era in America that will never be experienced again.
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I think there is a lot to that.
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Vent Windows Forever!
The looser the waistband, the deeper the quicksand. Or so I have read.
Feather-light suspension, Konis just couldn't hold. I'm so glad I took a look inside your showroom doors.
Hey everybody, it's good to have you on the Baba-too-da-ba-too-ba-ba-buh-doo-ga-ga-bop-a-dop
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08-21-2007, 12:56 PM
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#21
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Ayatollah of Rock N Rolla / Admin
Join Date: Mar 2006
Location: Parts Unknown
Posts: 12,573
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Quote:
Originally Posted by DaSkinnyGuy
The early 3rd gen values should start going up due to the fact that they are becoming <u>classics</u>
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You are using that term very loosely. "Age does not a classic make".
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08-21-2007, 06:52 PM
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#22
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Join Date: Feb 2005
Location: Little Egg Harbor NJ
Posts: 1,175
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I hope the prices on the LS1's come down. They are rediculously overpriced currently in my opinion.
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08-21-2007, 07:49 PM
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#23
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Banned Camp Director Emeritus
Join Date: Aug 2004
Location: Somerset County
Posts: 8,395
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the 1998-2000 LS1 f-bodies arent too expensive, but the 2001's and 2002's are still way up there.
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Quote:
Originally Posted by baddest434
and 1 more smart ass answer by you and i'm going to reach into this monitor and grab you by the throat
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08-21-2007, 08:28 PM
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#24
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Join Date: Feb 2005
Location: Little Egg Harbor NJ
Posts: 1,175
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Quote:
Originally Posted by Ian
the 1998-2000 LS1 f-bodies arent too expensive, but the 2001's and 2002's are still way up there.
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I still believe their too high for a car almost 10 years old..but yea the 01-02s are worse
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