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Old 02-26-2004, 12:28 AM
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Default Re: 1970 Ls6 Convertible

Charley,

I am not saying I wouldn't want to buy it..lol Ity sounds like a neat car..I however wouldn't pay what a similar car WITH paperwork is bringing..I think this is where research comes in..It is only because of the recent 2-3 years and the obscene money being paid on these cars, that people's judgement has gotten clouded on whether a car is validated.. I think if more people stepped back and researched BEFORE buying there would be more of a "normal" market based on tiers of cars..that is 100% factory paperwork validated cars would be top, and subsequent tiers would be cars with less paperwork..this isn't what is really going on here...Any potential COPO (whether validated with factory paperwork or not)is selling at the same price a documented car is..There is a perceived limited amount of cars out there, and guys will pay whatever to own one..What is being forgotten is that these cars are only worth the money to other like minded collectors..Take a poll and see if your co-workers will pay 150k for a 1969 Camaro that has stripes saying "yenko" on them..Most will look stupid at you..Therefore the "value" is only here among other enthusiast..They are not "universally" accepted commodities such as gold, real estate, ect..If the hobby doesn't revert back to stressing factory paperwork over perceived rarity then there will be a lot of hurt feelings down the road..Just my opinion
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