CRG Discussion Forum

Camaro Research Group Discussion => General Discussion => Topic started by: IZRSSS on December 13, 2010, 03:15:01 AM

Title: Future First Gen Values
Post by: IZRSSS on December 13, 2010, 03:15:01 AM
The B.J.'s sales totals for the last five years were;
 

Many of us have absolutely no intentions of ever parting with our cars. For many of us, the price really isn't that important. We own our cars for their sheer pleasure and everything else is purely secondary. Many of our cars will remain with family members, and a warning...If you ever part with this car I will pay you a visit from the other side.

Obviously there are many known and unknown variables at play, but I was wondering if anyone would care to speculate as to where this hobby is headed. Including the values of our cars...Say, 40 to 50 yrs from now.

Thanks
Title: Re: Future First Gen Values
Post by: lakeholme on December 13, 2010, 01:23:23 PM
If you want your Camaro to still be in the family 50 years from now, make sure one of your grandchildren loves old cars and give it to him/her before you die, along with lots of money for storage and parts.
As to future value look at Pre-War cars, some have risen in value, but in terms of current, real dollars many have not.
Title: Re: Future First Gen Values
Post by: 77thor on December 13, 2010, 02:29:34 PM
It's anybodies guess as to where the prices(values) are heading....
I would like to think that they are going UP.
Title: Re: Future First Gen Values
Post by: IZRSSS on December 13, 2010, 03:24:23 PM
If you want your Camaro to still be in the family 50 years from now, make sure one of your grandchildren loves old cars and give it to him/her before you die, along with lots of money for storage and parts.
As to future value look at Prewar cars, some have risen in value, but in terms of current, real dollars many have not.
You bring up and important point...Prewar cars is a perfect way to began. From a percentage stand point, how many Baby-Boomers have you actually seen showing an interest in these cars? From my prospective, not very many. The next time you go to a car show that has a mixture of cars (Prewar vehicles, Musclecars, Mods & your basic Euros), take a look at the people each one attracts. Very seldom do I see younger kids spending time looking at Prewar vehicles and very few showing a real interest in Muscle Cars and Mods. As much as I HATE to admit it, most of these kids are drawn to the E word.

The Musclecar craze peaked in '06 & '07 and we (Baby Boomers) were responsible for this incredible feeding frenzy. Problem is, who's going to fill in once we're gone?  On a positive note...I think the move by the Big Three Automakers to once again bring these cars to the forefront has secured their place for years to come.     

BTW-Excellent point ...grandkids
Title: Re: Future First Gen Values
Post by: Dusk_Blue_Z on December 13, 2010, 05:15:55 PM
I've been thinking a lot about this topic lately. I'm 29 and am just getting involved with Muscle Cars. None of my friends (either from High School, College, or work) have any interest in collector cars. To me, that's worrisome. I don't think this hobby would ever completely die, but I do feel it will lose a lot of interest as a particular generation gets older.

Maybe the 'feeding frenzy' will end (like Marty pointed out), but that might not be a bad thing. Hopefully a lot of the fraud you see will subside and  prices will come down. The pure enthusiasts will always be there, through good and bad.

Luckily for me (and my son), my dad has a 69z :)
Title: Re: Future First Gen Values
Post by: 67L78 on December 13, 2010, 05:57:09 PM
I think the value of our first gen. camaros will continue to go down. The average small block good cars will fall sooner than the big block or Z cars. Everybody agrees that the younger guys are just not into the muscle cars. I only know of a few young guys that own them in my area. I don't think this will happen for awhile maybe 5 to 10 years but you can bet on one thing for sure, all of us will feed our familys, pay our mortage and taxes before we'll let a hunk of steel set in the shop and collect dust. I,ll get rid of mine in a heartbeat before it comes down to that.

Richard
Title: Re: Future First Gen Values
Post by: tom on December 13, 2010, 06:43:54 PM
MY opinion only. These are hot now because they are the cars we had or wanted in the day. The next generation will want and drive up the price of cars they had or wanted in their day.Those cars will peak until the next generation wants to collect the cars they had or wanted in their day. Yes that implies that future collector cars will include rice rockets with outrageous body kits and fart pipes. Sure hope I'm wrong.....
Title: Re: Future First Gen Values
Post by: lakeholme on December 13, 2010, 06:45:08 PM
The youth program coordinator in our region gets some criticism for using less than 25 year old muscle cars to draw kids in. But he has a great response, "These cars will be classics by the time they decide to restore one. And most of them will want the car that caught their eye while they were still a kid."
Think about it. Beyond serious collectors with deep pockets most of us have our first gens because we always wanted it!  At that point I agree with Tom!

So, the next time you get a chance, let a kid sit in your car.  Or better yet, give him/her a ride!
Title: Re: Future First Gen Values
Post by: IZRSSS on December 13, 2010, 07:55:31 PM
I don't think this could have been scripted any better if it had been outlined. DBZ & Richard thanks for your comments. I appreciate your prospectives & hope more guys of your age group will hone in. Tom, could not have said it better, "Rice rockets & fart pipes". Phillip...you nailed it, "Let a kid sit in your car. Or better yet, give him/her a ride"!

I've owned my car now for about 6yrs. Early on I was approached by several clubs. I stayed away from them for a few yrs until I let this one guy talk me into attending one of their meetings. Long story short, before I left I was voted VP (hook-line-sinker). THIS WILL NOT SIT WELL WITH MANY OF YOU SO I'LL APPOLOGIZE AHEAD OF TIME...One of my first observations is that the avg age was 60 to 90yrs, and us guys that were suppose to carry on this tradition were into our 50's. My first move was to come up with ideas on how we could lure young folks into one of the most prestigious clubs in our state...w/o stepping on anyones toes. Both the newly elected Prez & I had the perfect plan, to maintain quality and not discriminate because these kids didn't have deep pocket books. My intentions were to simply introduce them to this "high dollar hobby", and offer advise on how to prepare for shows. Another long story short...it met with heavy resistance and shortly after I resigned and left this club.

As much as we hate to admit it, many of us are partially to blame...
Title: Re: Future First Gen Values
Post by: lakeholme on December 13, 2010, 10:48:25 PM
Marty,
Sounds like your car club was a common interest (CI) group and not a common purpose (CP) one.  The days when any volunteer oriented group like a car club was both CI and CP started declining  about 20 years ago as the Great Generation started leaving us. BTW, it's not solely an issue of age, it has more to do with attitude.
Those of us who want to preserve the hobby are looking for a "go and do" crowd, not just a "meet and eat" club!
In today's world if you're looking for a club with purpose you need to answer three questions before you join:
What have they actually accomplished in the last few years?
What do they value in their purpose?
What do they plan to accomplished over the next year?

The vast majority of the members of my club are over the age of 60, but we will put over 400 volunteers on the field for 4 and a half days at the spring autofair! And a hundred kids will participate in the Saturday youth program.

This year I've traveled to a dozen other places across the country where other clubs are doing fantastic things!
Title: Re: Future First Gen Values
Post by: IZRSSS on December 14, 2010, 12:23:10 AM
Phillip,

I have never been to one of your shows, but God willing it will happen one of these years. I have seen several photos of the Charlotte AutoFair and it is absolutely mind boggling the size of this event. It is also encouraging to know there are several high profile clubs such as yours that does not discriminate its youth. The sheer number of volunteers and youth puts things into prospective.

I think I need to clear the air...Most of the members of the club I referenced supported our efforts to draw in younger members. However, there was one bad apple who also happend to be a "heavy weight", that ruined it for the rest of us. I am not really sure if I can even begin to explain what this persons motives are. Suffice it to say they are self motivated. Please keep in mind that aside from this individual, the members are absolutely incredible and have done wonderful things for our community. Many of which, remain close personal friends.

You are absolutely correct...age has nothing to do with it. Its all about attitude...

Appreciate the advise!
Title: Re: Future First Gen Values
Post by: 68camaroz28 on December 14, 2010, 05:59:37 AM
Many feel as the baby boomers pass on certain cars will diminish and I agree with that. It does not mean that there will not always be a market but the peak has or was already met. Look at model A fords, etc. The market will rebound but not sure it will hit what it was except for maybe later on inflation that would drive up prices on everything. A lot of younger people are also drawn to the newer high performance cars that kick our butts in overall everything. My grandsons love the newer mustangs (Shelby) so maybe that will be their later dream car. I go to many of the Carlisle events and yes the baby boomers are a large intricate part of that population as well but there are a lot of younger folks attending. Bottom line, there will always be people fascinated with automobiles, its just each generation has somewhat different taste. Some of my older than me friends still just love those 55-57 Chevy's cause they grew up wanting one. For me, it was the later 60's and I lived it and have had muscle cars since 1967. One of the things that helped maintain the level of interest in our beloved cars was they stopped for so long, i.e. by mid 70's everything was a dog. But not today as there is just a host of great running cars. Gee, my pick up truck has more hp than both my 1st gen camaros ;D
Title: Re: Future First Gen Values
Post by: IZRSSS on December 14, 2010, 07:30:25 PM
Thanks Chick,

The consensus seems to be the same for everyone;


However, I think we have an obligation to educate the next generation and let these young folks know where it all began. Hopefully, this will keep the spark going just a little bit longer! :)
Title: Re: Future First Gen Values
Post by: mopar346 on December 15, 2010, 03:54:40 AM
Ya'll make me feel like a young buck. I wasn't born until 65, but muscle cars were the used cars when I turned 16. I spend a lot of time at shows and there are many youngsters that spend days at it and even have a significant amountof knowledge. My son is 17 and has several freinds that go with us and spend days at the shop just playing. Now I realize that the have a connection or an influence through me, bu they have an interest and in some cases a passion. The beauty in the market is that it currently will allow a youngster to purchase a muscle car or at least the same body. The reproduction world has come around to a high quality standard and cars other than Camaros, no disrespect. AMD has made virtually any car restorable. Again, the beauty of the current market is that we can drive these cars and beat the crap out of them like they were designed be driven. I always said I would never own a car I couldn't drive and there came a time when I had to think about beating on a 100k AAR, I don't worry about it so much now that is worth 60k. Did I loose value, maybe, but since I only have about 22 in it and don't plan toi sell it I don't guess I care about paper value. There will be a market for the best and rarest cars in the future and they will always damage a price, me more common stuff will be affodable and create interest for the rare, so its kind of cylindrical.
Title: Re: Future First Gen Values
Post by: IZRSSS on December 16, 2010, 01:10:40 AM
Enjoy it while you can...the years & body aches creap up on you quicker than you think :(. Nice to know you are doing your part to influence the next generation. I honestly feel these kids are interested, but very few people are willing to give of their time.

Best of all..."beating the crap out of the AAR" :)!  Wish it was mine...
Title: Re: Future First Gen Values
Post by: rsr on December 16, 2010, 02:26:47 AM
I also agree that the market will always be there for the first gen camaro most likely the greatest muscle car of our time but the younger generation will not pay the big $$$ these cars have seen in the past!!IMHO the new cars today will be the craze of the teen age kids 15-25 years down the road.These old 60s cars will be getting less collectable because the buyers aren't interested in them enough to spend much money to get one.Richard said it best "if I need food or shelter" the project camaro will go! I got my 67 in 1973 for 800.00 and I was told several times that year I paid too much!!! I just hope we all get a chance too discuss this subject again in 2020 so it will seem clearer!!! Merry Christmas!!!   RSR
Title: Re: Future First Gen Values
Post by: 9T4Z on December 20, 2010, 02:19:21 PM
Great topic.   Price will taper off, but interest will just move up the year chain a bit.  My 20 year old son drives my 91Z and comes to car shows and does the major load/unload and set up. Took till he was 16 or 17 to really fire him up. He's a GTP guy also... so the definition of muscle will evolve.  My 16 year old daughter craves a teal third gen camaro.. so their still is hope.
Title: Re: Future First Gen Values
Post by: zman1969 on December 30, 2010, 01:44:23 PM
My son has been around my cars all his life and he's hooked too. He's anxiously awaiting for me to pass my cars on-which is a good thing maybe he will get them running :) I think the demand for the muscle cars will be around as long as the baby boomers are. Although fewer and fewer will know how to fix them. when I started dating my wife in 79 I told her I had a Z28 and she was expecting the car Spicoli totaled in Fast times at Ridgemont, she looked at my 69 and well, you how the nose turned. She has come around. Its all about the history - Kinda a shame that there is no Z now but what they are planning sounds good! 
Title: Re: Future First Gen Values
Post by: restore-z28 on December 30, 2010, 04:25:49 PM
I think the preservation of this hobby lies with us. My son who is currently 6 years old loves my Camaro's, in fact he has laid claim to most of my collection and my two daughters could care less as they just like going for rides. If we instil in them early enough the respect and what it takes to preserve the legacy of these cars they will listen. I've never attended a car show without my wife and all of our children present. I agree the hobby is not growing at the speed we would like to sustain the long term viability of these cars, but I also think these cars are like an investment and will only grow over time. The pool of people buying and selling will be less in 25 years but the people will still know what these cars are and will still pay a premium to buy.
Title: Re: Future First Gen Values
Post by: IZRSSS on December 30, 2010, 09:07:07 PM
It's certainly reassuring to read comments such as these. It is obvious by your statements, your cars have close family ties. For many of us, some of our fondest memories of family are spent at shows, weekend drives, and socials involving our cars. Despite everything that has been said, we are only assuming history will repeat itself. When you consider how many others are out there who share these same values, beliefs, and passion, not to mention the remaining 2 of the big 3 fanatics, I would have to say this classic is here to stay!

I can't help but revert back to the Big 3 Automakers bringing back these classics. I honestly believe this will have a significant impact on their longevity. Unless I'm wrong, I can't think of any other cars that have had such a significant impact in the US automotive market, or any other market for that matter.  
Title: Re: Future First Gen Values
Post by: mopar346 on December 31, 2010, 09:49:44 PM
I think there is something to be said for your point about the big 3 re-issuing the popular body styles with a modern touch. Ultimately people will connect to their roots and create/feed the market for the old stuff.
Title: Re: Future First Gen Values
Post by: JohnZ on January 01, 2011, 03:23:12 PM
I think there is something to be said for your point about the big 3 re-issuing the popular body styles with a modern touch. Ultimately people will connect to their roots and create/feed the market for the old stuff.

Enjoy the variety now while we have the chance. Beginning in 2016, manufacturers will have very little choice in what they can build and sell, and consumers will have drastically reduced flexibility in terms of what they can buy due to the federal requirement for 36 mpg fuel economy.
Title: Re: Future First Gen Values
Post by: lakeholme on January 01, 2011, 05:44:04 PM
So is an electric motor in Camaro's future?  :'(  :o  ::)
Title: Re: Future First Gen Values
Post by: IZRSSS on January 01, 2011, 06:36:07 PM
Gotcha Surrounded...Slowly Step Away From The Eggnog...
Title: Re: Future First Gen Values
Post by: mopar346 on January 14, 2011, 04:04:34 PM
This was posted on that other sight I play on and I wanted to share it.

Quote
Quote
I don't think the price will go up for this car in 10 years, too many classics on the market, to many old guys, not enough interest from younger (under 40yo) :twocents:  :pot:

Plus many can get an instant musclecar fix just by signing and driving away in one of the current new car offerings (Mustang GT, Challenger R/T, Camaro SS) without going through the ex$pense and aggrevation of restoring an old car. :twocents:

The first part is what most have recognized for years, however the second part I believe to be very significant as it relates to the future of our cars. I for one had not thought about the new stuff in that light, but he is right.
Title: Re: Future First Gen Values
Post by: tom on January 14, 2011, 04:14:04 PM
Could be the resurrection of the original muscle car era 60's - early 70's in my book, will buck the expectations due to the new muscle car era, and all the modern tributes to the cars of the day. Camaro, charger, challenger are all back, mustang, vette, still going will inspire a younger generation to appreciate, and desire the cars that inspired todays muscle cars......
Title: Re: Future First Gen Values
Post by: vtfb68 on January 14, 2011, 06:04:45 PM
Guys,
 Notice that a POS Rat Rod  will bring a higher price than an original of the same car.
 The prices being paid for muscle cars and parts are scaring people away, It has priced me out of my own hobby (I'm too cheap), made me reluctant to part with my parts. Profiteers drive up prices. How many of us are our worst enemies?
  Victor
Title: Re: Future First Gen Values
Post by: 427-KING on January 14, 2011, 07:05:03 PM
When COPO camaros were doing 250K, all the "enthusiasts" were saying they couldnt wait for the market to drop so they could afford one    Now that real COPOs are as low as  90K-100K , the enthusiasts STILL arent buying?   The reason is people will buy whether its 90 or 250, the only requirement is that the current market value is twice what they are paying. 
Title: Re: Future First Gen Values
Post by: IZRSSS on January 14, 2011, 07:45:43 PM
Enjoy the variety now while we have the chance. Beginning in 2016, manufacturers will have very little choice in what they can build and sell, and consumers will have drastically reduced flexibility in terms of what they can buy due to the federal requirement for 36 mpg fuel economy.

John, I've heard bits and pieces of this on the news & how automakers are being pressured by Congress to make these changes. However, the news hasn't mentioned the details. Can you fill us in?
Title: Re: Future First Gen Values
Post by: Gramps69Z on January 14, 2011, 08:23:46 PM
Marty read this:  http://en.wikipedia.org/wiki/Corporate_Average_Fuel_Economy
Title: Re: Future First Gen Values
Post by: lakeholme on January 14, 2011, 08:26:10 PM
And read C&D's take on it:

http://www.caranddriver.com/features/10q2/how_automakers_will_meet_2016_cafe_standards-feature
Title: Re: Future First Gen Values
Post by: IZRSSS on January 14, 2011, 08:49:39 PM
Thanks for the links guys!

On the plus side: CAFE by Manufacture Targets;
Title: Re: Future First Gen Values
Post by: 9T4Z on January 14, 2011, 09:12:03 PM
'Muscle cars will still be built'.   Your just going to have to wrap your mind around how a 4 cylinder direct injected twin boosted engine figures into the picture.  Less mass, better fuel efficiency and great torque.  Mustang will have em for sure in the replacement to the V6, we just got to accept that the definition will require some 'hard swallowing'. OH and I have no doubt these new set-ups will be very quick.
Title: Re: Future First Gen Values
Post by: IZRSSS on January 14, 2011, 09:14:58 PM
Sure hope you're correct but did you read the sixth paragraph down on Phillip's link? Please explain how these cars are going to achieve muscle car status given these restrictions? Perhaps these future MC will be an example of the cars Tom so eloquently referred to as nothing more than Rice Rockets and Fart Pipes.

Sorry Tom, couldn't resist. You nailed it...foreign jobbers.  :-\
Title: Re: Future First Gen Values
Post by: Gramps69Z on January 14, 2011, 09:25:25 PM
Sure hope you're correct but did you read the sixth paragraph down on Phillip's link? Please explain how these cars are going to achieve muscle car status given these restrictions?

Someone please correct me if I'm wrong, but a believe it's going to be called a "gas guzzler tax" paid by the owner.
Title: Re: Future First Gen Values
Post by: IZRSSS on January 14, 2011, 09:35:34 PM
Excellent question John. It will be interesting to see if automakers can use this as a loop-hole.
Title: Re: Future First Gen Values
Post by: Gramps69Z on January 14, 2011, 10:45:48 PM
I been holding out for the new 5th gen. Z and talk now on the 5th gen. boards it's in the $50,000 plus range and it may not even be a Z, but a different name.  Looks like I'm keeping the CTS as my primary driver. 
Title: Re: Future First Gen Values
Post by: 427-KING on January 14, 2011, 11:11:45 PM
I read that the new camaro outsold the ford mustang for the first time ever. 
Title: Re: Future First Gen Values
Post by: 68Zproject on January 14, 2011, 11:21:21 PM
I'd be interested in JOHN Z's thoughts on how this gov't intervention with all their BS hurt Detroit and the big 3.
Title: Re: Future First Gen Values
Post by: IZRSSS on January 15, 2011, 12:04:59 AM
I been holding out for the new 5th gen. Z and talk now on the 5th gen. boards it's in the $50,000 plus range and it may not even be a Z, but a different name.  Looks like I'm keeping the CTS as my primary driver. 
Sure hope the car gets built and the name isn't changed. I think that would be a huge mistake. At any rate, now is the time to buy these cars before the Feds get a hold of them. 50K puts it right up there with the F-GT500. Do you know what the projected HP is?

Thanks John
Title: Re: Future First Gen Values
Post by: IZRSSS on January 15, 2011, 01:56:36 AM
My God what a beast!!!!!!!!!!!!!! ;D Time to consider a second mortgage.........
Title: Re: Future First Gen Values
Post by: Dusk_Blue_Z on January 15, 2011, 02:13:20 AM
Don't get me wrong, I'd love to drive one. But isn't the new Z getting away from the essence of the original Z? Thought they were going back to the first gen well. Insane HP figures wasn't what it was about.

Seems like we are going off topic here (which necessarily a bad thing). I'd really like to get both JohnZ and William takes on future values. I could listen to those two all day.
Title: Re: Future First Gen Values
Post by: Gramps69Z on January 15, 2011, 02:19:03 AM
Don't get me wrong, I'd love to drive one. But isn't the new Z getting away from the essence of the original Z? Thought they were going back to the first gen well. Insane HP figures wasn't what it was about.

Seems like we are going off topic here (which necessarily a bad thing). I'd really like to get both JohnZ and William takes on future values. I could listen to those two all day.


True, I did not mean to hijack this thread.  Should have started a new one.
If a mod could move my posts or if needed delete them.
I get carried away sometimes.
Title: Re: Future First Gen Values
Post by: IZRSSS on January 15, 2011, 02:26:45 AM
John, I see nothing that suggest your posts are off topic. Quite the contrary. The whole idea here is gain insight into the future of our prized positions. What better way to insure the preservation of these classics than continued competition from the big 3 automakers and their take offs from what started it all. Thanks for sharing!
Title: Re: Future First Gen Values
Post by: IZRSSS on January 15, 2011, 03:26:23 PM
Don't get me wrong, I'd love to drive one. But isn't the new Z getting away from the essence of the original Z? Thought they were going back to the first gen well. Insane HP figures wasn't what it was about.

Seems like we are going off topic here (which necessarily a bad thing). I'd really like to get both JohnZ and William takes on future values. I could listen to those two all day.

The link below shows how significant the development of the 1st gen Z was. The information indicates with racing add-ons its HP was in excess of 400. My thought is that the new Z has to be developed with the same ground breaking forsight in mind to set it apart (as it did back then) from the competition. The excitement for me is one can only imagine what GM has instore for the Big Block SS counterparts. Again...just my opinion, but I think all of this plays into how our cars are perceived into the future, and can only lead to their longevity.

http://camaros.org/geninfo.shtml#Z28
Title: Re: Future First Gen Values
Post by: vtfb68 on January 15, 2011, 03:44:01 PM
I do not like the $$ topic to be honest. I recommend that if your here to make money dump all your first generation stuff (as the stupid money is all gone) and INVEST in 3rd and 4th generation stuff (as it now cheap) . I hope the market continues to correct it's self.
  Victor
Title: Re: Future First Gen Values
Post by: IZRSSS on April 27, 2011, 01:53:10 AM
I been holding out for the new 5th gen. Z and talk now on the 5th gen. boards it's in the $50,000 plus range and it may not even be a Z, but a different name.  Looks like I'm keeping the CTS as my primary driver.  

John...this might be old news for you but have you seen this? 6.2L Supercharged V8...looks like you won't have to wait much longer...2012 Z28 due out by the end of this year!

http://www.youtube.com/watch?v=Qg7qdE9yXps
Title: Re: Future First Gen Values
Post by: Gramps69Z on April 27, 2011, 02:33:18 AM
Marty, it's called a ZL1 instead of a Z/28.  I spend a lot of time on the 5th generation forums.

Still looking at $50,000+.   http://www.chevrolet.com/camaro-family/
Title: Re: Future First Gen Values
Post by: IZRSSS on April 27, 2011, 02:55:15 AM
Well...its too bad. GM is making a huge mistake by changing the name. They could have cashed in big time if they'd kept the name, badging etc... IMO.
Title: Re: Future First Gen Values
Post by: tmodel66 on April 27, 2011, 10:02:04 AM
Marty a first gen ZL1 is probably worth twice as much as a Z28 maybe more. So the ZL1 should draw quiet the attention.
Title: Re: Future First Gen Values
Post by: IZRSSS on April 27, 2011, 01:09:24 PM
You are correct...The ZL1 is as you say worth at least twice as much as the Z28. The problem is, how the ZL1 is being perceived on line.

Maybe I need to do a little more research to find out how the First Gens progressed back in the day. Did GM do the same thing back then? Jumping from the SS straight to the most powerful of all First Gens, the ZL1? If so maybe there is still hope for the intermediates. If this is true there is still time for the rest of them to be developed before the dooms day date of 2016...
Title: Re: Future First Gen Values
Post by: Petes L48 on April 27, 2011, 04:59:54 PM
I would expect the folks at Chevrolet did a whole lot of market research before deciding on the new model name, plus they may have other plans for Z28 of which we are unaware.  You have to remember they are marketing to the most likely buyer group.  I was told at a dealership this past weekend that most of their Corvettes are bought by 50-60 year olds, 30-40 year olds buy most of the Camaros.     
Title: Re: Future First Gen Values
Post by: IZRSSS on April 28, 2011, 11:54:40 AM
Still looking at $50,000+.   http://www.chevrolet.com/camaro-family/

These prices always start off high. I remember when I was tracking the new (07) Shelby GT500 the prices were very high. In fact, dealers were allocated only one or two depending on their status. Most of these dealers either kept theirs or auctioned them off. Many of them brought 6 figures. Sure feel sorry for those guys that took the bait. Be patient, I'm sure the prices will come down.

Pete, sure hope you are right about the Z.
Title: Re: Future First Gen Values
Post by: IZRSSS on May 20, 2011, 10:40:41 PM
I have only seen a few First Gens cross the Mecum block for this weeks 5 day sale...(recorded to fast forward past all the other STUFF).

69 SS 396 Resto Mod.....................31.5K
67 327............................................28K
69 RS Zll (427) Replica...................49.5K
69 Z28.......................................47.5K
68 SS L89 (396) Rag Top...............52K N/S
69 Copo (427/425HP).....................150K N/S   For comparrison 70 Hemi Cuda...100K N/S {Remember when these cars were bringing 300 to 600K+?}
69 Yenko..........................................345K
Title: Re: Future First Gen Values
Post by: HOT3O2 on May 20, 2011, 11:01:14 PM
Hey Marty,

Was that 69 SS Z28 suppose to be an RS or was it one of those super rare one of one cars built for a some GM executive? LOL
Title: Re: Future First Gen Values
Post by: Dusk_Blue_Z on May 20, 2011, 11:32:34 PM
Not to be a thorn, but the Garnet Red on Red Z sold at 47.5. I have a tendency to fast forward through the Camaro "stuff" until I see a Z :)
Title: Re: Future First Gen Values
Post by: IZRSSS on May 20, 2011, 11:59:44 PM
Thanks Nick...made the change.
Title: Re: Future First Gen Values
Post by: IZRSSS on May 21, 2011, 12:06:23 AM
Hey Marty,

Was that 69 SS Z28 suppose to be an RS or was it one of those super rare one of one cars built for a some GM executive? LOL

Yup...that was one of the biggest pile of cow pattie stories I had ever heard as well  :).
Title: Re: Future First Gen Values
Post by: IZRSSS on May 22, 2011, 01:31:56 AM
69 RS/Z28 Cross Ram...70K   N/S
69 ZL1...305K (w/Replacement Motor)
And the big Kahuna...67 Nickey/Bill Thomas 427 Stage III...400K (1 of 1)