Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
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#1
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While the apparent tone and maybe the wording of the inital question was not best the actual question is extremely relevant. If one figures that it doesn't matter then the pricing for a supposed "original" motored car and a non-original car would be the exact same. Any onwer of any collectible car, especially a hi-po car, will tell you there is a difference. Hell, carry it one step further and say then that since original motors don't matter then un-restored and restored cars are worth the same, since it is still a Yenko....or that a car with 100 original miles and one with 100,000 miles are worth the same...get the point. The question and resulting answers have more do to with individual owners maybe feeling "slighted," because there is a difference in the way the cars are perceived within the hobby (ie: an original motored car is always more desrirable than the same car without its original motor).
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#2
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I think you guys should pay better attention to this copo market.Nobodys paying any less for a non original motor yenko.Watch the next non original motor yenko come up for sale at the price of a matching motor.GONEEEEEEEE. THE PEOPLE I KNOW JUST WANT ONE!!!I THINK THERE SHOULD BE A DIFFERANCE BUT THE MARKET DOESN'T BEAR IT.
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#3
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Maybe that is because most of the Yenko Camaros that have been for sale don't have their orig. engines. We would have to wait for a truly doc'd orig. drivetrain car to come available for sale before you could make comparisons. I think the same cars have been trading hands very quickly over the last 2 years, the best cars have been kept under wraps.
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Marlin 70 Yenko Nova-350/360, 4speed M21, 4.10 Posi (Daddy's Ride) 69 SS Nova-396/375hp, 4speed M20, 3.55 Posi (Benjamin's Ride) 67 RS Camaro-327/250hp, 2speed Glide, & 3.08 Open (Danny's Ride) |
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#4
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I second that Marlin...like a lot of truly original cars these days I would guess the best examples are not being sold.
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#5
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Of course it is better to have THE original engine but if the car has a restored engine with correct date code and casting number and a restamped deck that looks correct, I don't think it effects the value very much. The only way to know it really has an original block is to have all the previous owners in agreement that it was never blown up or replaced. Deck restamping has improved to the point that it is difficult if not impossible to tell. Some of the old restamp jobs were poorly done and were obvious.
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#6
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Not to rain on someone's parade, but that is ignorant. The Speculators out there are the ones moving the market up to inflated prices...actually some major specualtors on this board. The same thing happened in the late '80's early '90's...guys were out there dropping mad money on cars only to have the cars drop like a brick in a few years. I can appreciate the wanting to own a Yenko, however being realistic about the whole thing, and not left holding the bag is better in my book. If you don't believe the market will drop again, then go to the BJ auction site and look at what these same cars sold for in the '80's and then sold for again in the mid '90's. Quite a difference. Also one must keep in mind that the asking price and the actual transaction price are in most cases different.
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#7
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Theres nothing ignorant about it .You speak of mad money no such thing .Your dollar is somebody elses ten thousand.This market could be considered an out or and investment for some of these people.Where are you going to to invest and get a return such as this one.As soon as I hear somebody says that car isn't worth that much somebody buys it.Some people are PO'd because they feel they don't have access to the SUPERCARS B.S..I've moved a couple of restorable cars from $17,000 to $25,000.Those crybabys had an opportunity but didn't take it because they didn't want one to begin with.I've seen a few people on this site want one and when I had one for sale they never called.You want one of these cars you better get out and start beating the bushes because they're not falling on anybodys lap. Now you could consider that ignorant, I consider it fact. By the way it's not my money ,none of my buisness what they spend it on.
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#8
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It is difficult to predict any market. If you bought a SuperCar in 1990 and sold in mid 90s you could have lost money. If you held it until 2002 you should have made a profit. If you think the Chevy stuff is high don't look at the Shelby stuff. The top dog Daytona Coupe (unrestored) sold for $4M.
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#9
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This is just my opinion so be gentle!! I think the significance of "Originality" is somewhat greater in the COPO cars than in the '67 and '68 cars since they came from the factory with "Number Matching " components. I also think that "Originality" does deserve a premium of (my guess) 25%-35%. I agree with Marlin that we have not seen a lot of movement in these cars. An example is the unrestored Blue Deuce that I think has sold a couple of times for a price that is justified by its originality not by its cosmetic appearance. [img]/ubbthreads/images/icons/smile.gif[/img] Jim
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#10
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One low mile original Yenko Camaro just changed hands.
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