Re: Is the ZR-1 going to appreciate in value eventually?
I see both sides of the coin on this one. I think that the value is only in the eye of the person that wants one. The ZR-1 is a piece of art every part of it, from under the hood to the sound of the exhaust. They are made to drive and drive hard and then clean it up to show it off. I personally drive mine, if the value goes up then good, but I don't plan to sell it either.
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Re: Is the ZR-1 going to appreciate in value eventually?
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Re: Is the ZR-1 going to appreciate in value eventually?
Opinions about cars are like round parts of the human anatomy.
We all have them. Some have good parts other have poor parts. But all of those parts are good investments. :blahblah: What? That doesn't makes sense. Exactly. I deny typing that unless it makes sense then I did. :confused: |
Re: Is the ZR-1 going to appreciate in value eventually?
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Re: Is the ZR-1 going to appreciate in value eventually?
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Some cars can definitely prove to be very valuable today relative to their original value. However, it's usually those that were an "investment" in cash at the time as well for the buyer. We have an '80 with 23,000 miles, all original, top flight, original rims/tires with original 1980 air :-D. Real garage queen/show car. Worth about $18,000 - $20,000 to a collector in better days. Cost of ownership is well over that amount for the years we have had it. BUT, for what it is and how we have enjoyed having it...priceless! Not an investment at all, just pure fun. Now if we had invested that same money in 1980 in an income generating source ...WOW. Some real value. Take that $3500 for that Camaro and do the same real investment in 69; living large right now. But you would have been missing all the fun. Now take part of your original invested $3500 and you could buy that car now and still have money left. You would have also saved all the ownership costs from 1969 to 2012. My thinking: I am never going to be able to lay out the money for a real investment-type vehicle SO I will enjoy what I can afford for as long as I have it. The dollars at the end don't really mean a thing!!! :cheers: |
Re: Is the ZR-1 going to appreciate in value eventually?
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Re: Is the ZR-1 going to appreciate in value eventually?
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Re: Is the ZR-1 going to appreciate in value eventually?
Every investment gain is based off of three variables. The ZR1 will no doubt capitalize on two of those, limited supply and inflation. Demand is the 3rd and who knows what will happen. No different than any other investment.
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