Items for Sale by Club Members & Friends > Corvettes For Sale

Collectors Car

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69VETTE:

Hello Lefty,

Yes rare cars only go up in value if left in original state, are fully genuine with accompanying documentation and have little or none kms on them and not so much restored.

However, like the iconic Australian Gt Ho, there seems to be more and more good forgeries out there, so you have to have a good knowledge and keen eye to pick them out. These days, people are now even replicating protecto plates, and tank stickers etc because there id big bucks in these cars.

Whilst its great to say you have a numbers matching L89 or even L88, your then restricted to preserving the car, and not wanting to drive it to keep the kms down for future resale values.

It would be great to have that much money to do that, but unfortunately some of us don't.

So depending whether you want a paperweight in the garage or a car to drive all the time, then you need to consider the purpose before the purchase. Having gone through that with a genuine restored small block 69, i prefer these days to have a nice modified Vette.

Michael

coradict72:
Unfortunatley that 1986 corvette from WA cant be registered
in NSW for another 2 yrs its left hand drive so forget that one but an 84 can be registered
Mick D has a beaut 84 for half the 86

bfit:

--- Quote from: 69VETTE on December 31, 2013, 08:04:47 AM ---Hello Lefty,

Yes rare cars only go up in value if left in original state, are fully genuine with accompanying documentation and have little or none kms on them and not so much restored.

However, like the iconic Australian Gt Ho, there seems to be more and more good forgeries out there, so you have to have a good knowledge and keen eye to pick them out. These days, people are now even replicating protecto plates, and tank stickers etc because there id big bucks in these cars.

Whilst its great to say you have a numbers matching L89 or even L88, your then restricted to preserving the car, and not wanting to drive it to keep the kms down for future resale values.

It would be great to have that much money to do that, but unfortunately some of us don't.

So depending whether you want a paperweight in the garage or a car to drive all the time, then you need to consider the purpose before the purchase. Having gone through that with a genuine restored small block 69, i prefer these days to have a nice modified Vette.

Michael

--- End quote ---

Michael you put some good points  here.
To me  a  collector car comes in 18:1 ratio .
I take my hat of to those who put the effort into to their vehicle to  be a real show creditable vehicle.

I don't see the point of a vehicle that has no mileage and no intent to drive it anywhere.
That is an expensive garden nome to me.

As for cars as an investment .
I don't see it, there is much better ways of investment to make a quid.
A vehicle for investment takes up none payed time, and up keep to maintain the investment.
And for most people there is no tax deduction 
A modified vehicle ,yes that's my world  from mild to wild or some where in between.
Throw your money at you vehicle with no regrets ,then enjoy it.

Cars in the club range from nice to excellent
Of all those that I have seen none are standard as they left factory. 

It's interesting to see, as our dollar is dropping
The vettes coming out for sale and the asking prices!
What is that old saying
Let the buyer beware
Bfit
 

69VETTE:
Hello Bfit,

I fully agree with you there mate, if you want to invest, personally go and buy a property or two, or even beta yet... gold bullion as that the only sure guarantee in my eyes.. :banana:

And the prices currently being asked on Vettes for sale..
Well, people need a reality check !!!  :banghead:  :therethere:  :banghead:

Seriously, before i bought my C4, i had some interesting chats with a few sellers, and thats why after going to brisbane also to look at three other vettes, i decided on purchasing mine as the seller was very resonable and understanding that the market is not what it used to be two- three years ago!  :thumb:

Yeeep..All cars loose in value, definitely agree there, only on the rare occassion will you ever make money or brake out even at best...

Anyway, lets enjoy the new year with a high !!  :drag:

raafrebel:

--- Quote from: Bfit on January 01, 2014, 09:29:35 AM ---

I don't see the point of a vehicle that has no mileage and no intent to drive it anywhere.
That is an expensive garden nome to me.

As for cars as an investment .
I don't see it, there is much better ways of investment to make a quid.
A vehicle for investment takes up none payed time, and up keep to maintain the investment.
And for most people there is no tax deduction
 

--- End quote ---

Well i think haveing a nice car , that you drive can be some sort of investment, while your not going to make a ton of cash, especially if you own a comadore of falcon, if you have a nice collector car that is in or near factory state, it can be a worthwile investment, and, its good as you can drive and have fun in your investment.
Every car that i have bought, i have sold and made a nice profit, and enjoyed the car at the same time.
I supose its really up to what sort of car you buy or have. some are worth more than others.
Just dont expect to cash in on your investment the next day, as it can take a while to sell your investment.

I would rather invest my money in a few nice cars that will always get my money back on and have a lot of fun in the process. better than watching your crappy qantas shares do nothing on a computer screen, at leaset we all here can enjoy our investments.

I do know one thing, as the dollar is dropping , for those of us lucky to buy at the right time, your car will defenatly be worth more over the coming months years.

You are correct though Bfit, I wouldnt just go buy a car thinking its going to increase in value to the point where you will double your money.

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