Go Back   The Supercar Registry > General Discussion > Supercar/Musclecar Discussion


Reply
 
Thread Tools Display Modes
  #101  
Old 07-24-2006, 05:43 AM
Late BrakeU2 Late BrakeU2 is offline
Yenko Contributing Member
 
Join Date: Feb 2004
Location: Malibu CA.
Posts: 1,118
Thanks: 9
Thanked 103 Times in 53 Posts
Default Re: I need help to authenticate a LS6 Convertible

[ QUOTE ]
If the debate at this point is primarily centered on the popularity / value of musclecars 10-15 years from now then I would agree that there will be a decline in interest due primarily to shifting demographics as has been noted.

In the meantime, 10-15 years is a long time from my perspective to enjoy and benefit from these cars. Some of us will enjoy them longer than that regardless of market conditions. Prior to this oncoming potential shift of interest I believe most will continue to benefit financially by their ownership of these cars. One could make a case that the market could even get stronger for these cars. Anyone know what a narrow trading range stock market is? We're in one now that has lasted approx. 6 years where gains have been minimal overall. These narrow trading range markets can last 10-15 years. There have been several of them since the beginning of the stock market. The last lengthy one was from '65-'81. Factoring in inflation during this period investors would have lost approx 1% on their investments over this 15 yr. period. Some believe we could be headed into another long narrow market for years to come. If that develops these cars could continue their rate of appreciation as some traditional investors look for other investment channels in which to place some of their money.

Back to the original post I hope Mr. Castine and his buyer come out OK on this. Eventually some enterprising car enthusiast/s is going to grow a consultant business to help combat unsuspecting buyers. I'm not talking about brokers or services that rate the general condition of a car but someone who knows certain makes/models and might charge a fee to examine a car and its pedigree. I know there are some businesses out there that offer this type of service already but they are generalists at this point. I'm talking about the guy that knows his Chevelles inside and out or Camaros, or whatever. Someone who represents a buyer but has no financial incentive whatsoever in the purchase or sale of the car. May not be able to guarantee 100% protection of fraud to the buyer but I'll bet many would still use the service if this specialist has or grows a positive reputation. In the meantime this website and others do a good job of keeping some of us informed.

[/ QUOTE ]

Completely agree.I also mentioned that a few dozen posts above this one,and personally know of one individual here that is extremely qualified if he chooses that direction.Problem is that vocation is a very nebulous and serious one for someone who restores cars out of passion.Until that happens,(or another Mattison miracle)it's down to the members here and at TC.This site has been a great source of info and influence for me.I purchased my LS6 coupe from a member and have sold a car to another member.Both great guys and very knowledgeable enthusiasts.I consider myself very fortunate to have found a such great car with it's pedigree fully intact,well known within the community,and almost complete owners history from day one.Pretty icorruptable stuff for down the road with the scammers on the full court press lately.That would not have happened without SYC because of the sharpies here keepin it real.The thrust of my prattle is if we continue to edumacate the dark side by providing blueprints to these cars they will diminish in value quicker than if not.Personally I would rather see the current owners protected than trying to save a future one's who apparentely will have no interest in these in 10-15 years anyway
Reply With Quote
  #102  
Old 07-24-2006, 06:20 AM
DarrenX33's Avatar
DarrenX33 DarrenX33 is offline
Senior Member
 
Join Date: Sep 2002
Location: St Charles, Illinois
Posts: 5,460
Thanks: 2
Thanked 9 Times in 7 Posts
Default Re: I need help to authenticate a LS6 Convertible

I agree John. Believe it or not I had the most fun with the 72 Z28 I had last year. Didn't have to worry about anything. My cars aren't anywhere near the value of the Yenko but I share that same thought. Lately I find myself wanting a plain jane small block 2nd gen Camaro to have fun with. I'll take a little rust or something that can drive but needs restoration. I wouldn't be doing it anytime soon though...
__________________
1969 Z28
1972 Corvette
Reply With Quote
  #103  
Old 07-24-2006, 06:38 AM
sYc sYc is offline
Senior Member
 
Join Date: Mar 2000
Location: Alton, MO, USA
Posts: 8,578
Thanks: 3
Thanked 403 Times in 91 Posts
Default Re: I need help to authenticate a LS6 Convertible

Something to think about. If the supercars become simply showcars, spending the majority of their time in climate controled "vaults", then will their popularity continue? I think not. IMO, the reason rare musclecars are so popular today is the the WOW factor, which comes from the excitment of driving them. Nothing else comes close.
__________________
Tom Clary
Reply With Quote
  #104  
Old 07-24-2006, 06:55 AM
kwhizz kwhizz is offline
Yenko Contributing Member
 
Join Date: May 2004
Location: LS Make'um Better Guy
Posts: 7,741
Thanks: 827
Thanked 662 Times in 198 Posts
Default Re: I need help to authenticate a LS6 Convertible

[ QUOTE ]
Something to think about. If the supercars become simply showcars, spending the majority of their time in climate controled "vaults", then will their popularity continue? I think not. IMO, the reason rare musclecars are so popular today is the the WOW factor, which comes from the excitment of driving them. Nothing else comes close.

[/ QUOTE ]




Ken
__________________


The Best things in life......Aren't Things
Reply With Quote
  #105  
Old 07-24-2006, 07:20 AM
firstgenaddict's Avatar
firstgenaddict firstgenaddict is offline
Yenko Contributing Member
 
Join Date: Jul 2001
Location: Greenville, South Carolina
Posts: 5,596
Thanks: 161
Thanked 946 Times in 459 Posts
Default Re: I need help to authenticate a LS6 Convertible

Supercars didn't achieve the Label by sitting on showroom floors... they got them by racing and blistering the tires, if you can't afford to drive the car then you can't afford to own it. IMHO
__________________
~JAG~
NCRS#65120
68 GTO HO 4 spd Alpine Blue /Parchment 2 owner car
#21783 71 Corvette LT1 45k miles Orig paint - Brandshatch Green - National Top Flight - last known 71 LT1 built.
71 Corvette LT1 42k miles Original paint - Black - black leather - only black LT1 known to exist.
NUMEROUS Lemans blue Camaros,
Monza Red and Daytona Yellow Corvettes
& a Chevelle or two...
Survivors, restored cars, & other photos
https://picasaweb.google.com/lh/myphotos
Reply With Quote
  #106  
Old 07-24-2006, 08:21 AM
nuch_ss396 nuch_ss396 is offline
Senior Member
 
Join Date: Oct 2004
Location: Western North Carolina
Posts: 1,713
Thanks: 0
Thanked 0 Times in 0 Posts
Default Re: I need help to authenticate a LS6 Convertible

[ QUOTE ]
Supercars didn't achieve the Label by sitting on showroom floors... they got them by racing and blistering the tires, if you can't afford to drive the car then you can't afford to own it. IMHO

[/ QUOTE ]

Sounds good. However, most of the guys who have them can
afford them, but they still don't race or drive them.
__________________
Reply With Quote
  #107  
Old 07-24-2006, 08:27 AM
poolhustler poolhustler is offline
Member
 
Join Date: Dec 2004
Location: Los Angeles
Posts: 40
Thanks: 0
Thanked 0 Times in 0 Posts
Default Re: I need help to authenticate a LS6 Convertible

Whats with the picking on Vettte guys?? I have a C5 Vette and love all muscle cars!! Especially bowties!!!!!!

Russ....
Reply With Quote
  #108  
Old 07-24-2006, 08:39 AM
nuch_ss396 nuch_ss396 is offline
Senior Member
 
Join Date: Oct 2004
Location: Western North Carolina
Posts: 1,713
Thanks: 0
Thanked 0 Times in 0 Posts
Default Re: I need help to authenticate a LS6 Convertible

Russ,

I wasn't really taking a shot on my part. I have had
numerous discussions with Corvette owners over the years
and I think it's safe to say many of them don't see the
perceived value of the day 2 cars. That's all.

They just consider them dealer modified.
__________________
Reply With Quote
  #109  
Old 07-24-2006, 09:13 AM
hvychev hvychev is offline
Yenko Contributing Member
 
Join Date: Jun 2002
Location: Darien, IL
Posts: 3,667
Thanks: 0
Thanked 72 Times in 27 Posts
Default Re: I need help to authenticate a LS6 Convertible

I can't wait till the day that "people loose interest" in muscle cars. I actually believe this could happen to a certain extent. In 20-30 years I wonder if people will care if a car is #'s matching or if has the correct style broach marks, or if the widget spring is the correct color. I think future generations will be more interested in the look or the general "attitude" of a bad ass American Muscle Car. All I know is I will be lined up waiting to get another supercar if the values go down!

I drove my Deuce EVERYWHERE and ANYWHERE in Chicago. I had fun with it and did not worry about what it was worth. I parked it in any parking lot, drove it in all forms of city traffic, and beat the piss out of it without worry. I terrorized the streets of Chicago and the 1320 of Gateway International with that car even though I knew the car was worth $150,000 and loved every minute of it!

For now all I have is the memories of the actual experience of being a supercar owner. I will NEVER forget blasting down the track at Gateway International with my Yenko Deuce as long as I live. For those brief few minutes in my life I did not care about the values, risks, or politics surrounding supercar ownership. All that mattered was banging them gears as hard as I could, just short of breaking the stick to make sure I won! Being handed the time slip with your new best time was all worth it. THAT is what it should be all about.


__________________
Frank Magallon
Reply With Quote
  #110  
Old 07-24-2006, 05:08 PM
PPPJJJFFF PPPJJJFFF is offline
Yenko Contributing Member
 
Join Date: Dec 2003
Location: New York
Posts: 429
Thanks: 0
Thanked 1 Time in 1 Post
Default Re: I need help to authenticate a LS6 Convertible

[ QUOTE ]
Anyone know what a narrow trading range stock market is? We're in one now that has lasted approx. 6 years where gains have been minimal overall. These narrow trading range markets can last 10-15 years. There have been several of them since the beginning of the stock market. The last lengthy one was from '65-'81. Factoring in inflation during this period investors would have lost approx 1% on their investments over this 15 yr. period. Some believe we could be headed into another long narrow market for years to come. If that develops these cars could continue their rate of appreciation as some traditional investors look for other investment channels in which to place some of their money.

[/ QUOTE ]

Large Cap Growth stocks are just one of many asset classes. There were many investible asset classes that did extremely well from the mid 60's to 81. No one ever seems to bring them up though. I agree that for the last 6 years Large Cap Growth again has experianced a side ways trading range. However todays investors are hopefully diversified into other asset classes.

For instance: Small and mid-cap stocks, developing markets and commodities have all been on a tear for the last 6 years.

I don't buy into the theory of muscle cars being an alternative investment to stocks. Possibly a non-correlating asset in addition to certain equities. My 2 cents.

Patrick
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 05:53 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.

O Garage vBulletin Plugins by Drive Thru Online, Inc.