1969 Yenko Camaro Hugger Orange 4 speed Cash Buyer

[rich p]

I hear this everyday that people will be giving these away soon.. I cant help but laugh with these calls..
Guys wanting 4 speeds with the original drivetrain in Hugger Orange or Daytona yellow for 250K..
I would like to buy a house with 5+bedrooms on the ocean for 1/2 million too...

[Mike Kaiser]

Rick, Hope you don't think I'm a tire kicker or at least my friend is. Although I'm starting to wounder my self... but original drivetrain not on the menu is fine, hope the price would reflect. He doesn't have to sell anything or ask the wife, he's got cash ready for the right deal. Thanks again for your time. Mike Kaiser 509-322-3600

[rich p]

Hey Mike. Nothing against you at all,enjoyed are talk..
I bet your phone is not ringing with all these cars that people are trying to sell in a doomed market !!
Your friend is NO different then the rest of the people that think like him and still own nothing !!

[Steve Drueck]

"I hear this everyday that people will be giving these away soon.. I cant help but laugh with these calls..
Guys wanting 4 speeds with the original drivetrain in Hugger Orange or Daytona yellow for 250K..
I would like to buy a house with 5+bedrooms on the ocean for 1/2 million too... "

Rich ....well put....!

And I"ll second that

[tom406]

I'm not sure how much money the friend is laying on the table, but I don't believe that anyone willing to put six figures or more on the table for any Camaro short of an honest ZL1 is actually insulting anybody.

Little more than 5 years ago, $150K bought you pretty much whatever Yenko Camaro you might want. Prices are basically set by desire and available money, correct? While I agree that Yenko Camaro "awareness" is at an all time high, both inside and outside the hobby, it has to be acknowledged that there isn't as much money out there, either to borrow, pulled out of 401K or equity, hidden under mattresses or stacked in the wall safe. A whole bunch of "money" has vanished, at least on paper for the forseeable future. So you're arguing that increased DEMAND alone is going to support the current market, no matter how much the capital dries up.
Not to belabor the point, but unlike the waterfront houses that Rich prefers to use in his analogies, none of us can house our families in our cars. They're toys. Big wonderful toys with deep history and cultural significance, sure, but toys nonetheless. I don't believe anyone is immune from this economy's ills. Even many who are secure will have other pressures. Extended families or children who will need help making house payments or capital to start up new businesses, etc.
My point here isn't to rain on everyone's parade. I don't wish for any of you to "lose" the value of your cars. But then again, I didn't wish for my view property or kids college funds to lose value either. But here we are.
If Rich has callers aggressively trolling for hardship deals so that they can make a quick buck, fine, hit them with some derision. But if you have someone politely offering six figures for a certain type of car, there is no shame in that. Thank them for their offer. File their number away or throw it in the garbage, roll your eyes and curse them under your breath. Whatever. Just don't try to insinuate what fools or jerks they are. I'm not buying it.

Respectfully,
TOM

[Salvatore]

WOW Tom, Some nice thoughts there!

[rich p]

69 ZL1's made, How many still do exist with NO bad history ?? I just opened up a the house classifieds, would you guess how many house's I can choice from ???

[CamarosRus]

I'm upside down in my 69 Camaro COPO (Day 2) recreation..........Butternut Yellow, T-400 on the tree.....at that. No caution fan sticker and nicer than most with respect to detail.....

On a good day, what might some inept buyer pay me.....or should I figure on being buried in it (literally) ??????

[rich p]

Thanks Tom !! This is not a insults as many people have taken me on this site but a reality check on the real market that I work in!!
Well now that the speculators are gone,we can finally get back to the hobby that so many people wanted. The guys that are in the hobby are now buying Pedigree cars that they couldnt get and are willing to pay for the RIGHT car now..
Understand people are asking for #'s matching 4 speed and a great color for over a hundred K less..(not happening yet)
I go to auctions to watch the headliners to see what these cars will do. I am not there to watch dealer to dealer sales. From I have noticed some serious cars have sold at these auction for some great money.
I had a great talk with Mike and told him what his money could buy in today's market, I sure didnt kick him for it.

PS. I do apologize
Never been a good writter and have never tried to belittle anybody on this site.
Have always been straight forward and never sugarcoated things to much and have taken quite a bit of heat on this site for being this way.

Sorry if I have offend anybody on this site, that was NEVER my intentions. EVER !!!!!


RICH P