Today's Posts Mark Forums Read Calendar
Go Back   NJFBOA - Home of New Jersey's Camaros and Firebirds > Community Forums > Lounge

Notices


Reply
 
Thread Tools
Old 03-19-2010, 07:09 PM   #1
Brendan713
 
Brendan713's Avatar
 
Join Date: Aug 2009
Posts: 195
iTrader: (0)
What i Want

I am a little Hesitant in entering this discussion. I can no longer drive on the road for sometime due to medical reasons and thats why i sold my camaro. I had the black with gold stripes 95 Z28. I have come to enjoy cars very much and i was wondering your opinion on my idea of buying an f-body fixing it up a little and then selling it making a little profit or just breaking even. I am open to all ideas, comment, or suggestions. Thank you in advance
__________________
Brendan D. ONeill
96 Blk Jeep - Totaled
95 Wht Jeep - Sold
95 Z28 Camaro Sold I want to sell the IROC and get the 95 back or something a year or two off
87 IROC-Z28 Camaro
Brendan713 is offline   Reply With Quote
Old 03-19-2010, 07:23 PM   #2
91chevywt
 
Join Date: Jul 2008
Location: NJ
Posts: 819
iTrader: (2)
Its hard to make money on f-bodys in short periods of time unless you can get a real good deal. Theres just too many out there. For the most part its hard to increase the value of an f-body except for complete restoration, which even then could be a lot of work for nothing.

You could end up tying up $5000 for a year and see no return on it, while if you put it in a cd or even look into some type of investment you will see a much greater return.

Sometimes you can get a car missing a motor or with a bad transmission which is in otherwise great shape. These cars you may be able to make a couple bucks on, but still there is a lot of time you would need to invest.
__________________
91chevywt is offline   Reply With Quote
Old 03-19-2010, 07:54 PM   #3
sweetbmxrider
Meet Coordinator
 
sweetbmxrider's Avatar
 
Join Date: Jan 2008
Location: brick/pt. pleasant beach
Posts: 19,341
iTrader: (12)
economy isn't much help. really gotta know what to look for and have access to any tools, knowledge, or parts you may need. insuring and registering a vehicle just to sell it isn't much help either
__________________
sweetbmxrider is offline   Reply With Quote
Old 03-19-2010, 07:58 PM   #4
deadtrend1
11 second club / Moderator
 
deadtrend1's Avatar
 
Join Date: Aug 2004
Location: West Berlin, NJ
Posts: 7,148
iTrader: (11)
It is very hard to sell a car for profit of what you put into it.
__________________
2001 Trans Am WS6 •SLP Loudmouth II •UMI Suspension •12.857 @ 109.57

1996 Trans Am WS6 •Pacesetter Longtubes •Strange 12 Bolt •Spohn Suspension •11.152 @ 123.85
deadtrend1 is offline   Reply With Quote
Old 03-19-2010, 08:34 PM   #5
Brendan713
 
Brendan713's Avatar
 
Join Date: Aug 2009
Posts: 195
iTrader: (0)
lol or i could do the exact opposite, beat the car up and sell it for more than i bought it lol. i broke three things that would cost $500 to repair and i sold the car for 4,400; 400 more that i bought it for
__________________
Brendan D. ONeill
96 Blk Jeep - Totaled
95 Wht Jeep - Sold
95 Z28 Camaro Sold I want to sell the IROC and get the 95 back or something a year or two off
87 IROC-Z28 Camaro
Brendan713 is offline   Reply With Quote
Old 03-19-2010, 08:39 PM   #6
deadtrend1
11 second club / Moderator
 
deadtrend1's Avatar
 
Join Date: Aug 2004
Location: West Berlin, NJ
Posts: 7,148
iTrader: (11)
yea, that seems like a much more logical way to make money ....
__________________
2001 Trans Am WS6 •SLP Loudmouth II •UMI Suspension •12.857 @ 109.57

1996 Trans Am WS6 •Pacesetter Longtubes •Strange 12 Bolt •Spohn Suspension •11.152 @ 123.85
deadtrend1 is offline   Reply With Quote
Old 03-19-2010, 08:50 PM   #7
V
Stalker
 
V's Avatar
 
Join Date: Aug 2004
Posts: 12,077
iTrader: (12)
these cars are almost always worth more in parts...
V is offline   Reply With Quote
Old 03-19-2010, 09:14 PM   #8
enRo
13 Second Club
 
enRo's Avatar
 
Join Date: Oct 2004
Location: Netcong, NJ
Posts: 5,799
iTrader: (6)
Quote:
Originally Posted by SmokingSS View Post
these cars are almost always worth more in parts...
Very true.

You wont make the money back that you put into them. Especially an F-body. Now, if you were to do this with say, late 80's/early 90's imports and 4banger domestics I.E Civic, Accord, Integra, Cavalier.... you may make a few bucks. For instance, a buddy of mine used to look primarily for these types of vehicles that could be had for around $500. They needed a real good cleaning, inside and out, and maybe a couple cheap parts.. he would fix em up real nice, and sell them for up to $1k more. And he was doing at most 3 cars a month. Maybe because we live by Dover NJ, where low income immigrants dwell in masses, and they look for these types of reliable vehicles
__________________
2019 Toyota Tacoma TRD Pro ... M6, Voodoo Blue Fun Machine
1987 Pontiac Trans Am ... 305 TPI, T5, Project Car
enRo is offline   Reply With Quote
Old 03-19-2010, 09:24 PM   #9
Squirrel
13 Second Club
 
Squirrel's Avatar
 
Join Date: Jul 2004
Location: Ewing/Galloway, NJ
Posts: 3,904
iTrader: (0)
buy a totaled car and part it out, best way to make money in these cars IMO.. guy who bought my roller probably made a pretty penny
__________________
EB
99 Riviera, Bone stock, 14.34 @ 96 "Walking 5.0's in luxury" RIP
95 Cherokee, Bone stock 16.2 @ 83 "Treeing your 3rd gen and beating it to the line despite trapping less....and looking better"
93 TA, Bone stock, 13.8 @ 100 "Beating ****** drivers in ****** LS1's"
https://www.facebook.com/groups/285090241699967/
R.I.P. Tia
Squirrel is offline   Reply With Quote
Old 03-20-2010, 01:53 AM   #10
maroman88
12 Second Club
 
maroman88's Avatar
 
Join Date: Aug 2004
Location: Oradell
Posts: 8,368
iTrader: (11)
ive flipped a cavi and a third gen... made over a grand on the third gen and a lil less on the cavi... both needed a good cleaning and a little TLC
__________________
86 Camaro
88 Camaro
95 Impala SS
97 Trans Am WS6
98 Blazer ZR2
00 Corvette
04 CTS-V
07 Sublime Charger Daytona
10 Tahoe SSV
12 Tahoe LT
17 Malibu LT
maroman88 is offline   Reply With Quote
Old 03-21-2010, 01:02 AM   #11
NjbadSS
 
NjbadSS's Avatar
 
Join Date: Oct 2008
Posts: 814
iTrader: (3)
I am disagreeing with people saying that you can't make much off an F Body. I had this conversation yesterday with a fellow car fan, how often do you see a car, younger owner, breaks something stupid, and decides to just say the hell with it and sell it dirt cheap just to get rid of it? I can tell you that I have done this with f bods and you can definitely make a little money, bring back to life a car you love, and have fun doing it. I have done both, brought them back to life, and parted them out. There is a buyer out there for any part you are willing to sell, you just need to be patient if you go that approach.
__________________
Formerly known as njbadaSS
NjbadSS is offline   Reply With Quote
Old 03-21-2010, 11:04 AM   #12
V
Stalker
 
V's Avatar
 
Join Date: Aug 2004
Posts: 12,077
iTrader: (12)
i just saw a local 89 RS for sale for 8500... people think these cars are worth way more than they really are. that was a $1800 car at best IMO
V is offline   Reply With Quote
Old 03-22-2010, 06:07 PM   #13
Brendan713
 
Brendan713's Avatar
 
Join Date: Aug 2009
Posts: 195
iTrader: (0)
well the thing is that i am going to keep my eyes open not rush into anything because i don't have too and i dont need to get a car this is going to be more of a hobby thing for me i believe than anything else.
__________________
Brendan D. ONeill
96 Blk Jeep - Totaled
95 Wht Jeep - Sold
95 Z28 Camaro Sold I want to sell the IROC and get the 95 back or something a year or two off
87 IROC-Z28 Camaro
Brendan713 is offline   Reply With Quote
Reply

  NJFBOA - Home of New Jersey's Camaros and Firebirds > Community Forums > Lounge


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

» Sponsor List














All times are GMT -5. The time now is 05:46 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.