Thread: Car Investment
View Single Post
Old 12-21-2017   #4
Vette73
 
Join Date: Nov 2014
Location: Brooklyn ny
Posts: 1,045
Default Re: Car Investment

Quote:
Originally Posted by rush91 View Post
I was watching one of these car shows, I think it was an episode of Legendary Motorcars. And the owner told a story of a guy who had a 1970 Boss 429, and kept the miles low for one day trading it in for something. When the 1984 Corvette came out, he traded his Boss 429 in on a new 1984 Corvette. Thinking this new Generation Corvette would be worth a mint, if put away with hardly any miles.......One of the worst trades he said he ever saw, and the was case in point as to why cars are bad investments. Hind sight being what it is, one just never knows how collectible cars market goes.
Ooh that hurts.......Seeing that the 84 corvette was going to be mass produced,I mean, how could you not,why would someone do that ?

Bad move....I was at the Hershey car festival in September....A guy was selling a 70 429.....His asking price was 250,000 dollars.....Beautiful car....Don't know if he was original owner but he did have the original sticker.5,100 dollars back in 70..

Sent from my LG-TP260 using ZR-1 Net Registry mobile app
Vette73 is offline   Reply With Quote