CURRENT VALUES OF CAMARO 427 ALUMINUM ENGINE CARS

[RM Schimel]

Colin,

Very well said…those cars almost exclusively trade hands privately. The collectors with the finest examples do not need to go through auction houses. A quality & legit ZL-1 is definitely a million-dollar plus car.

The elite Muscle is still highly sought after with a greater number of credible buyers than cars. It is the cobbled together clones, plain Jane and half-baked Muscle that has plummeted in value. The demand for ZL-1s, LS-6, Yenkos, W-30s, 68-69 HOs, Stage-1 and RAIV Judges and 69 TA’s etc…will always completely outpace supply. Those cars if QUALITY, REAL and DOCUMENTED will only continue to increase in value regardless of economic conditions.

The actual problem is finding an authentic & quality no-excuses car today. People with the finest cars generally WILL NOT sell. It is like finding the preverbal needle in the haystack. Most sales for top-flight cars are behind closed doors anyway as Colin mentioned, so it is difficult to get an accurate price gauge. The cars predominately going through the auction houses now are just that… professional auction cars!

As one who follows Muscle convertibles especially the Olds market closely. I can tell you that primarily all of the W-30 ragtops that I’ve seen go through the auction houses are professional auction retreads with terrible histories and NO quality docs. Those cars again primarily exclusively change hands privately. So to make a long story short a high quality car is still worth big $$$$ but finding that car is an extremely difficult proposition.

RM