1970 Ls6 Convertible

[Belair62]

Thats what I said 20 years ago Marlin...twenty years ago you could buy a house around here for 40k....400k now.

[mmcporter]

Hey listen, even the "out of favor oldies" like Packards and LaSalles are still trading at high 6 figure prices. Somebody still likes those cars and is willing to pay what it takes to buy 'em. Anyone who puts all his $$ into one thing (like only musclecars) or one bond fund for investment purposes is asking for trouble. We all know that you have to diversify: LS6s, 'Vettes, Hemis, Shelbys.......etc.

Finally someone that understands investing...It is really funny how some on here can completely miss a point...If you re-read my post you will find that I appreciate the cars, but I don't think the prices that you guys (again show me 3 Yenko Camaros in the last year that didn't go to people here) are paying borders on stupid...If they weren't being sold or traded to only "friends" and guys on here then I'd appreciate the value..I really don't care if you guys over speculate, it is after all your money..It is interesting though how it seems to me that it is only the "supercars," that are being grossly over priced...might be a reason for that..hmmm

[gemleeus]

bill goldberg bought one last year, i don't think he's a member here.

[YENKO DEUCE REGISTRY]

Now there's a genius! (Don't tell him I said that )
That's it, I'm selling my Yenko Deuce for $150k and buying pork rinds!

[yountto]

Its seems a spin has been put on some comments made here.I dont think Greg C or anyone else has said these cars will be worthless and to hurry and have a fire sale..I also agree with a few statements that the cars that will never suffer are the ultra low production and massive horsepower ZL1s,Hemi cuda and Ls6 converts...If however you dont think this market will suffer if interest rates rise a few points,maybe you need to enroll in a few economic courses at a local college...

[Belair62]

I think you are assuming that people treat these as investments...and I don't think that is the case.If interest rises a whole lot of things will suffer...what's the point ? Yountto ...got any Pontiac stuff ?

[SuperCars]

I get a lot of emails and calls asking to buy cars. It is rarity/desirability of a car combined with supply and demand. For example right now there are 2 or 3 ultra-wealthy collectors trying to buy a 71 Hemi Cuda Conv. These guys are immune to any economic down turns when it comes to what they can afford to pay. So when you have 2 or 3 more buyers, than actual cars to exist, crazy money is offered on cars. But for plentiful and less rare cars, of which there are enough to go around; they will stay at normal prices because you can always seem to find one come up for sale.

Most of you on here have see this with the 427 Yenko Novas at it's record high. It's because there are more buyers wanting one than there are 427 Yenko Novas to exist. That is when prices go sky high. I feel LS6 Convertibles are currently way under-priced, based on the numbers of them to exist.

[Charley Lillard]

"It is interesting though how it seems to me that it is only the "supercars," that are being grossly over priced...might be a reason for that..hmmm" .....hmmm, maybe they bring good money because they are "Supercars". Didn't the Yenko you were bashing sell for good Money outside of this little circle ? I can also think of three ZL1's that went for big money within the last year outside of this circle.

[Steve Shauger]

Price has always been about supply and demand. A premium is put on a car that has historical significance, much like your "pilot car" you are selling. I am sure you feel it is worth more do to its status. I feel the same for copo's, and low/desirable production cars. I feel you are speculating on the intent of the supercar owners which is uncalled for. At least for me this is still a hobbie, which has introduced me to some great individuals.