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03-19-2010, 07:09 PM
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#1
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Join Date: Aug 2009
Posts: 195
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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
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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
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03-19-2010, 07:23 PM
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#2
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Join Date: Jul 2008
Location: NJ
Posts: 819
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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.
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03-19-2010, 07:54 PM
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#3
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Meet Coordinator
Join Date: Jan 2008
Location: brick/pt. pleasant beach
Posts: 19,341
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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
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03-19-2010, 07:58 PM
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#4
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11 second club / Moderator
Join Date: Aug 2004
Location: West Berlin, NJ
Posts: 7,148
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It is very hard to sell a car for profit of what you put into it.
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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
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03-19-2010, 08:34 PM
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#5
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Join Date: Aug 2009
Posts: 195
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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
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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
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03-19-2010, 08:39 PM
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#6
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11 second club / Moderator
Join Date: Aug 2004
Location: West Berlin, NJ
Posts: 7,148
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yea, that seems like a much more logical way to make money ....
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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
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03-19-2010, 08:50 PM
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#7
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Stalker
Join Date: Aug 2004
Posts: 12,077
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these cars are almost always worth more in parts...
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03-19-2010, 09:14 PM
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#8
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13 Second Club
Join Date: Oct 2004
Location: Netcong, NJ
Posts: 5,799
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Quote:
Originally Posted by SmokingSS
these cars are almost always worth more in parts...
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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
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2019 Toyota Tacoma TRD Pro ... M6, Voodoo Blue Fun Machine
1987 Pontiac Trans Am ... 305 TPI, T5, Project Car
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03-19-2010, 09:24 PM
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#9
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13 Second Club
Join Date: Jul 2004
Location: Ewing/Galloway, NJ
Posts: 3,904
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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
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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
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03-20-2010, 01:53 AM
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#10
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12 Second Club
Join Date: Aug 2004
Location: Oradell
Posts: 8,368
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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
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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
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03-21-2010, 01:02 AM
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#11
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Join Date: Oct 2008
Posts: 814
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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.
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Formerly known as njbadaSS
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03-21-2010, 11:04 AM
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#12
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Stalker
Join Date: Aug 2004
Posts: 12,077
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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
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03-22-2010, 06:07 PM
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#13
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Join Date: Aug 2009
Posts: 195
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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
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