| Re: Investment advice? |
Subject: Re: Investment advice? by BillH on 2012/10/18 2:37:59 I agree with Matt, Corvettes shouldn't be purchased as an investment, some however will hold their value. ZR1's - haven't had a price change in 15 years, won't go down but won't go up. And if you need a motor repair - $$$$ Callaways are close to the ZR1's. GS - you won't get a good one for $30k. LT4's are worth a couple grand over a LT1, but they won't go up in value in 10 years. The most IMPORTANT thing for this type of purchase is to get a good car from the get go. If you don't, you'll put WAY more money into it that buying a good one. A C2, yea, very good for holding value BUT you won't get one for $40 though you can pick up a "driver" for $45 and putting $20k into it will make it an investment worth $65, possibily $70 in 10 years. 70-72 MAY be a decent car to hold on to BUT, again, you gave to start with a good one. A Big Block would be the best, forget the LT1, they're going for $45-$60k & up. A small block @ $20 will only get you a decent driver and to make it an investment - another $20 provided it's matching numbers. You need to take your time and look at a lot of cars. If you find a good C3, spend the $250 to have a NCRS guy checkout the car. Currently for sale: 70 Vert, 350/350 , 4 speed. P/S, P/B, Matching#, Body on restoration, new interior, show paint $29k Good buy - 72 Coupe, LS5(454), matching, every option including a/c - $32.5 Good buy - 72 Coupe - 350 base, frame off resto, a/c, NCRS Top Flight - $34.5 |
