collector's vehicle?
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nobody knows... it is a gamble just like buying $25000 in stock of a new company and seeing if it is worth anything in 25 years....CdnSkyGuy said:There is a guy I know who wants to buy a Redline Sky and just park it in his garage for like 25 years...would it be worth anything???
how about a regular sky for that matter?
If they start to produce more vehicles in the coming years, the car will be worth less in the future. Just image how many honda civics are driving around.
I really hope they never make more than 5,000 units per year (BTW, is that 5,000 for the US or the whole world?)
I really hope they never make more than 5,000 units per year (BTW, is that 5,000 for the US or the whole world?)
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It depends on how the car will hold up too. If the paint fades, and the rag top cracks and rips in 4 years.. I'm sure the interest of the car will die out really quick. This car kinda reminds me of the Pontic Fiero. The car must have been a great car for a good amount of money. That isn't worth too much either
Hope the car doesn't catch on fire
Hope the car doesn't catch on fire
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It's a crap shoot. Styling or small numbers alone don't do the trick. The Mercedes-Benz 230SL/250SL/280SL models are a good case in point. These models are considered to be some of the most beautiful designs ever from Mercedes. Styling on all three were essentially identical. The 2.3 liter 230SLs were produced from 1963 to 1966 with a production run of just 19,831 (I have one of them in my garage). The 2.5 liter 250SL came out in 1967 and was in production for less than a year with just 5,196 made. The 280SL (2.8 liters) came out in 1968 with an optional 5 speed manual transmission and 23,885 units were produced during its 4 year run.CdnSkyGuy said:There is a guy I know who wants to buy a Redline Sky and just park it in his garage for like 25 years...would it be worth anything???
how about a regular sky for that matter?
One might think that the very limited production 250SL would be the most desirable of the three, but one would be wrong. It is actually the least popular and currently, the least expensive of the three.
Apparently the larger engine of the 280SL has proven more attractive in the long run.
The 230SL sold for something like $2500 in 1966. I have turned down mid-20K offers, so it has done very well as car "investments" go, but remember, there have been 40 years of maintenance, repairs and insurance. Even just keeping it in storage all of those years would have totalled quite a tab.
Al things considered, I would bet that $2500 at 5% compound interest in a bank would probably have done better.
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Yeah, and my '71 Vette sold for about $5k new and now goes for $17K+, but if you current $$ value, about the same. There are a few cars that have really gone crazy price wise, the '57 Chevy BelAir 2 door convertible is one, but a '57 4 door BelAir is about a 1/5 the price. If you want an investment, buy stock in a solid company and sit back, or just put it in the bank. You will be better off in the long run. However, if you want to enjoy your money now, buy the car and drive it!
:agree: You will always have an exeption but rarely. I very well doubt these cars will make you any money. Not many cars from the last 25 years are profit makers. I know the Buick GNX was one but I believe it had much lower production #s. Besides in 25 years gasoline will be obsolete & Ernest's wells will be dry.:lol:rick112 said:Cars seem to rarely pay off as an investment! If ever!
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someone asked me a few years ago what american cars that were produced in the last 10 years I thought would be collectors cars.... The GNX was one, The GMC Typhoon and Syclone, the 86 Monte Carlo SS aero Coupe.... just a few I can remember sayingtwirp said:
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:rant: I don't want to be the guy that spends $50,000.00 fixing up a Model 'A' hoping to make big money from it only to find that when he puts it on the market he can't even get what he's put into it.
There's more cost involved than just the sticker price on the car. Maintanence and storage fees over that time will be a bitch. And of course the risk that the car won't be favored by collectors. Heck perhaps internal combustion engines will be banned by then.
I want to keep my car as origional as possible and in as good shape as possible just incase I've purchased the next '53 Corvette. I also want to enjoy the car! Thats what I bought if for. So it can make me feel the way I want to.:driving:
Odds are this car is going to be another Fiero. But is that so bad? It isn't worth a lot but the people who drove them enjoyed there little cars. Had a lot of fun in them. And the wrecking yards keep a number of them in stock because people are still trying to keep them on the road.
Of course if this car ends up being the next '53 Corvette or '55 T-bird then all the better for me because I am about to own 1 of 450 sold in Canada!
There's more cost involved than just the sticker price on the car. Maintanence and storage fees over that time will be a bitch. And of course the risk that the car won't be favored by collectors. Heck perhaps internal combustion engines will be banned by then.
I want to keep my car as origional as possible and in as good shape as possible just incase I've purchased the next '53 Corvette. I also want to enjoy the car! Thats what I bought if for. So it can make me feel the way I want to.:driving:
Odds are this car is going to be another Fiero. But is that so bad? It isn't worth a lot but the people who drove them enjoyed there little cars. Had a lot of fun in them. And the wrecking yards keep a number of them in stock because people are still trying to keep them on the road.
Of course if this car ends up being the next '53 Corvette or '55 T-bird then all the better for me because I am about to own 1 of 450 sold in Canada!
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How about the original driver, still in the seat holding the steering wheel.:driving: :lol:
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