Re: I need help to authenticate a LS6 Convertible
 

It seems you are only focused on the muscle car economic market, but have little insite into the enthusiast/hobby boom. Your points are based soley on dollars and cents, what about the other variables that are what this hobby is built on. I believe your model is not balanced and ignores the true enthusiasts interest and passion for these cars. Also GenX's are now large income producers and just like there parents they also see the significants of these cars thru their parents. This forum is made up of quite knowledgeable hobbyist who help each other and most suspect cars with no known history, questionable docs and pedigree are usually weeded out.

Re: I need help to authenticate a LS6 Convertible
 

Did/do you own a green LS6 chevelle??

Re: I need help to authenticate a LS6 Convertible
 

I agree with Patrick. The point is that the buyer THINKS he's popping for a real LS6. Maybe he wouldn't write the big check if he was told truthfully that the car was a clone.

Re: I need help to authenticate a LS6 Convertible
 

I'd have to agree more with zap than you. You say, " I believe your model is not balanced and ignores the true enthusiasts interest and passion for these cars," but the average "true" enthusiast can't afford the cars he or she wants.

Re: I need help to authenticate a LS6 Convertible
 

So if someone has the means and determination to buy one, they are not "true" enthusiast by your definition??

Re: I need help to authenticate a LS6 Convertible
 

[ QUOTE ]
So if someone has the means and determination to buy one, they are not "true" enthusiast by your definition??

[/ QUOTE ]

I think you are refering to an extreme minority when you assume that the average musclecar enthuiast can afford to spend 100k or really even 50-75k on a car in one shot. Usually the guys that are enthusiast are having to buy a car and then over a period of time restore it as money permits. These cars were never made for the minority..keep in mind they were built for the masses as general transportation. I think you are trying to say this site and the income levels represented here are the "norm" in the hobby and as such the cars are still witin reach of most enthusiast. I would beg to differ...Take your RG Yenko to a local cruise and offer it for sale at what you feel is the current going rate...how many guys will say "nice car, wish I could afford it?" I would wager that you probably wouldn't get many credible offers on the car...Better yet try it with a LS6 at 100k...If the cars haven't priced themselves out of the enthusiast market then you should have a majority that can afford it and see the value asked..

I think you are really trying to apply the thougths of an extreme minorty represented here to the whole market...The bottom line is these cars were never rare or collectible in the first place and once the cars as a whole price themselvs out of the market where the majority of enjoyers can afford them then the prices on ALL the car will drop...Don't think it can happen...do alittle research and look back to the first "boom"

As far as Gen X'ers earning a majority of money..actually that isn't the case..I'm a gen'xer and while our income levels on paper are higher than where the previous generation is, we also come into "life" with more debt..ie: student loans, having to buy into housing at a higher cost without the benefit of equity, startig careers and raising familes, etc..so to say that Gen X will be able to afford these cars doesn't make any sense..You have the benefit of disposable income as a result of already raising your family, owning a home and establishing equity, being "seasoned" in a profession, carrying less debt over all..hence you can afford and more importantly see the value today...Will someone of genX see the value in 10 years when we are in your economic situation now?? Take you car to a local school or youth event..ask both car enthusiast and none car enthusiast if they would pay 250k for a Yenko, provided they had that amount of money laying around in disposable income...What will be their answer?? Now explain that the only real difference between your car and a clone is perhaps a serial number and some dates..which can always be added (the dates at least) if it matters..and the clone can be built for less... way less than half.. Will they say "yes" or look at you like you are crazy? Maybe truly original cars will always be worth more money and noone is disputing that...but the biggest problem is you can build the exact same car in terms of looks, performance and visual appeal for a lot less and the future generations will not care about "numbers" Take a look at the gorgeous ZL1 recreation that just sold for 89k or so..that is what...maybe 20% or less of a real car...yet to probably 90% or the folks out there offers just as much pleasure if not more...plus you can save the extra 600k+ and use it in other areas..

Re: I need help to authenticate a LS6 Convertible
 

Hum.. so supercar owners are not enthusiasts? I beg to differ, at least the ones that attend the SCR and hang around here 24/7. See the definition of enthusiast below.

Like Steve and the others, for me it is about enjoying my cars, not the $$$. Just becasue you felt you needed to invest elsewhere does not mean that everyone else should do the same. In fact, according to most investment firms, our hobby is THE best place to invest. Sounds like sour grapes to me, as you folded (sold) when you should have been holding.

<font color="red"> enthusiast

n 1: an ardent and enthusiastic supporter of some person or activity [syn: partisan, partizan] 2: a person having a strong liking for something [syn: fancier]

</font>

Re: I need help to authenticate a LS6 Convertible
 

There have been clones for sale on this site that have had more money invested in them than what they are or were selling for, and they admit that right up front in the ad!
Nut and bolt correct clones that are money losing trailer queens!
Look in any "cars for sale" listing and I bet you will see ads for cars that say "X" amount of receipts, will sacrifice for ... https://www.yenko.net/ubbthreads/imag...s/rolleyes.gif
How many "Divorce Projects" have we all heard or read about.
How many guys are there that thought they could build a car and sell it for more than they invested in it?
These guys are real enthusiasts, skilled enough to do the work themselves, but maybe not so good at arthimatic.
All this stuff is about an extra number after the comma, thats all. https://www.yenko.net/ubbthreads/imag...thumbsdown.gif

Re: I need help to authenticate a LS6 Convertible
 

I think Zap is correct. I live in a housing market where the prices are among the highest in the nation. My home has never lost money going from $110k when I bought it in 1981 to $950k today. It will keep going up in value but not at the 15-20% a year it has during the past decade or so. How does this relate to cars?

Well, everyone wants a home and there are tax, financial, and emotional reasons to own one. Lately, with certain muscle cars, there are emotional and financial reasons. For many muscle cars, in the near future, there will only be emotional reasons.

After us old folks die off, will men and women born in 1980 or later lust after a Yenko or an LS6? Yes, they like them today, but when they're 50 and older, with discretionary income, will they pick our cars or others?

The owner of one of the big consignment shops in the Bay Area, who sells dozens of muscle cars, British, German, and other cars each year says he thinks the muscle car market has this exponential growth for the next four years. Now, he's only guessing, but he says the next generation, and the generation after that, will go for Ferrari's, Porsche's, and other exotics with their big money.

I think he's partially correct. I think the Yenko's, LS-6's, Hemi Cuda's, Thunderbolt's, etc., will always have high value and thus, collectability. They're rare and will always be so. But, those guys who paid big money for a 383 Satellite may not see their funds ever when selling.

Now, and I think this is important, many young people today don't know or care about originality or authenticity. They like our cars for the looks not the cowl tag. Thus, a cloned Z28 with dubs and a killer stereo is even more valuable than a numbers matching original. They're the ones buying 20-30 years from now when many of us are racing at that dragstrip in the sky.

Re: I need help to authenticate a LS6 Convertible
 

I believe as the younger gear heads grow up they will appreciate original cars even more than they do now... I used to pass over the original ones when I was in my teens - mid 20's... it is only recently that I have really begun to appreciate orignal cars. It is much more work to restore a car as it rolled off the assm line than it is to do a cruise in resto.

There was a large run up in model A's in the 70's... they peaked then stayed at the same $$$ for many years... recently however they have begun to go up again.
Same with Duesenburgs and Pierce Arrow's etc. They went through the statosphere... over $1,000,000 back in the late 80's at Charlotte auto fair. The prices fell and now are back up, I think to around a breakeven now...
The best of the best are always going to be valuable. Like was said before... the marginal cars and the questionable cars are going to be the ones that take the HARD HIT when there is a correction... the me too muscle cars IMHO

Re: I need help to authenticate a LS6 Convertible
 

[ QUOTE ]
Now, and I think this is important, many young people today don't know or care about originality or authenticity. They like our cars for the looks not the cowl tag. Thus, a cloned Z28 with dubs and a killer stereo is even more valuable than a numbers matching original. They're the ones buying 20-30 years from now when many of us are racing at that dragstrip in the sky.

[/ QUOTE ]

This is probably the most important part of this debate.

What exactly will our cars be worth to the next round of
buyers? I too worry about that when I see the "ricer"
market and also the fact that each new generation seems to
be suffering from an increasing lack of work ethic. I fear
that they would rather buy a "looker" cheap than a high
priced real car. I'm sure there will be exceptions - there always are.

Based on the recent introduction (to the resto-mod market)
of the aftermarket 69 Camaro body, I think we are seeing
the start of this trend. I will be watching the acceptance
of that "Camaro" closely.

It's clear that we all love our cars and respect each others
accomplishments with our respective restorations. No one is
challenging that I'm sure. With the relatively high number
of recent Yenko, ZL-1, etc. clones on eBay selling for what
I consider to be respectable money, you have to wonder. I
frankly was somewhat shocked ( and still am ) to see so many
cloned Supercars out there. The big question is how long
have many of these cloned Supercars been in existance. Were
they created to resell, or for the enjoyment of the owner.
I am starting to think that most of them were "manufactured"
for potential resale value. That takes us full circle on
this topic.

Re: I need help to authenticate a LS6 Convertible
 

[ QUOTE ]
[ QUOTE ]
So if someone has the means and determination to buy one, they are not "true" enthusiast by your definition??

[/ QUOTE ]

I think you are refering to an extreme minority when you assume that the average musclecar enthuiast can afford to spend 100k or really even 50-75k on a car in one shot. Usually the guys that are enthusiast are having to buy a car and then over a period of time restore it as money permits. These cars were never made for the minority..keep in mind they were built for the masses as general transportation. I think you are trying to say this site and the income levels represented here are the "norm" in the hobby and as such the cars are still witin reach of most enthusiast. I would beg to differ...Take your RG Yenko to a local cruise and offer it for sale at what you feel is the current going rate...how many guys will say "nice car, wish I could afford it?" I would wager that you probably wouldn't get many credible offers on the car...Better yet try it with a LS6 at 100k...If the cars haven't priced themselves out of the enthusiast market then you should have a majority that can afford it and see the value asked..

I think you are really trying to apply the thougths of an extreme minorty represented here to the whole market...The bottom line is these cars were never rare or collectible in the first place and once the cars as a whole price themselvs out of the market where the majority of enjoyers can afford them then the prices on ALL the car will drop...Don't think it can happen...do alittle research and look back to the first "boom"

As far as Gen X'ers earning a majority of money..actually that isn't the case..I'm a gen'xer and while our income levels on paper are higher than where the previous generation is, we also come into "life" with more debt..ie: student loans, having to buy into housing at a higher cost without the benefit of equity, startig careers and raising familes, etc..so to say that Gen X will be able to afford these cars doesn't make any sense..You have the benefit of disposable income as a result of already raising your family, owning a home and establishing equity, being "seasoned" in a profession, carrying less debt over all..hence you can afford and more importantly see the value today...Will someone of genX see the value in 10 years when we are in your economic situation now?? Take you car to a local school or youth event..ask both car enthusiast and none car enthusiast if they would pay 250k for a Yenko, provided they had that amount of money laying around in disposable income...What will be their answer?? Now explain that the only real difference between your car and a clone is perhaps a serial number and some dates..which can always be added (the dates at least) if it matters..and the clone can be built for less... way less than half.. Will they say "yes" or look at you like you are crazy? Maybe truly original cars will always be worth more money and noone is disputing that...but the biggest problem is you can build the exact same car in terms of looks, performance and visual appeal for a lot less and the future generations will not care about "numbers" Take a look at the gorgeous ZL1 recreation that just sold for 89k or so..that is what...maybe 20% or less of a real car...yet to probably 90% or the folks out there offers just as much pleasure if not more...plus you can save the extra 600k+ and use it in other areas..

[/ QUOTE ]


The reality is it's a have and have not world.Lusting over a car you can't afford isn't going to change the fact these already have pretty much changed into higher income hands.There are no more free lunches,and when the real deals surface cough up or take a pass fearing your purchase will be the harbinger to wholesale market collapse.The more likely scenario is they will continue to appreciate.LS6 cars were categorically made for the minority considering they only made 4k and change out of nearly half million 70 A's. These were highly anticipated,and until the C6Z the highest HP car to come from GM in four decades-hardly your mass transportation unit.When will the trend reverse? Matt's tripoli turquoise 68Z just brought 85k,is that the new valuation for one like that in todays market? What about SD's? they seem to have gone to 80k overnight.Like LS6's at 100+,all were selling for half those prices two to three years ago-but every year people are in shocked amazement when new highs are seen.Maybe the Mopars are the one's that are "overpriced" for todays "average" collector and GM muscle is seen as an attractively priced?.That would certainly explain the increasing valuations.Like Warren Buffet says don't invest in anything you aren't prepared to lose 50% of it's value on,but clearly here the trend is your friend my brother!.This site and the income levels here ARE the norm for this hobby,nobody takes yenkos to cruise nights with for sale signs they go to BJ!. For anyone that has cashed in recentely more power to em,but attempting to predict and time a sliding market for re entry is hopeful at best.Most anyone that has sold a special car wishes they hadn't,i'm no different and it's not always about the money.It's a whole new ballgame now rife with fraud and greed and hard cuts soft,everytime.

Re: I need help to authenticate a LS6 Convertible
 

[ QUOTE ]
.....Most anyone that has sold a special car wishes they hadn't, I'm no different and it's not always about the money. It's a whole new ballgame now rife with fraud and greed and hard cuts soft, everytime.

[/ QUOTE ]

This whole thread nicely summed up in 2 sentences. https://www.yenko.net/ubbthreads/imag...lins/beers.gif

Re: I need help to authenticate a LS6 Convertible
 

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.

Re: I need help to authenticate a LS6 Convertible
 

OK - FINE!

I have a solution as far as I am concerned. When I die,
just strap me in the drivers seat and lower me and my
Camaro into the ground. Everybody wins...... https://www.yenko.net/ubbthreads/imag...ins/tongue.gif

Re: I need help to authenticate a LS6 Convertible
 

The real one or fake one!!

Re: I need help to authenticate a LS6 Convertible
 

Stuart! You just had to go there - huh?

The fake one of-course! What am I - stupid?! https://www.yenko.net/ubbthreads/imag...ns/naughty.gif

Re: I need help to authenticate a LS6 Convertible
 

I have given this topic a lot of thought lately I have always bought my cars to drive them its has reached the point where driving my Yenko Camaro isn’t fun like it used to be. Being a original body panel car and the knowing that’s something that can not be replaced if something should happen I might as well be driving any car since I can not treat it like it was built to be driven. There probably are not many Yenko Camaros still driven but next week mine will probably go on a 80 mile car cruise to a car show and I know I will probably get crazy with it a few times and if something would to happen it would be terrible.
I started off having my first muscle car when I was 17 but that led to drag racing I drag raced until I was 25 but it got to be so expensive I had to quit. I then spent the next 25 years owning muscle cars Chevy Fords Mopars it didn’t matter they were all a blast to own and drive. Its gone full circle since I bought that 67 Chevelle I have gone to the track a few times I realized its much cheaper to go racing then to afford most muscle cars.
I havent even signed up for the reunion yet since I always enjoyed getting there on Thursday and taking my car off the trailer and not putting it back on until Saturday after the show. With all the stolen cars that you here about you better keep it in a trailer under lock and key.
There arent many Yenko Camaros that are still driven and I can understand why with the incredible prices they are and it is almost impossible to restore one with nos parts anymore. Theese are special pieces of muscle car history and most are in collections right now and Im sure the ones that arent soon will be Im pretty sure mine will be very soon and the prices of these type of low production muscle cars will keep going . I do believe there is a place for clone cars but not at these prices all they are is another Camaro with a big motor.

Re: I need help to authenticate a LS6 Convertible
 

John,

A lot of non-believers feel that's what the day 2 Supercars
are anyway - just another Camaro, Nova, Chevelle with a big
motor. https://www.yenko.net/ubbthreads/imag...emlins/eek.gif Ask the Corvette guys https://www.yenko.net/ubbthreads/images/graemlins/no.gif

Re: I need help to authenticate a LS6 Convertible
 

Steve, even a Yenko your still only buying just another Camaro your just paying for the history of it. Dont tell the Corvette guys that.

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 https://www.yenko.net/ubbthreads/imag...lins/dunno.gif

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...

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.

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 ]


https://www.yenko.net/ubbthreads/imag...iggthumpup.gif https://www.yenko.net/ubbthreads/imag...iggthumpup.gif https://www.yenko.net/ubbthreads/imag...iggthumpup.gif https://www.yenko.net/ubbthreads/imag...iggthumpup.gif https://www.yenko.net/ubbthreads/imag...iggthumpup.gif

Ken https://www.yenko.net/ubbthreads/imag...mlins/flag.gif

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

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.

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....

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. https://www.yenko.net/ubbthreads/imag...s/rolleyes.gif

They just consider them dealer modified. https://www.yenko.net/ubbthreads/images/graemlins/no.gif

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.

https://www.yenko.net/photos/data/500...m/121_2107.JPG

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. https://www.yenko.net/ubbthreads/imag...mlins/wink.gif

Patrick

Re: I need help to authenticate a LS6 Convertible
 

As a gen X'er myself, I have to respond that there are more than just a few of us that have the car of our dreams sitting in the spare stall of the garage, but multiply by many times the numbers that want these cars. Currently, I have my car by shear 'want' and determination. I was 25 years old when I picked my car up. I had no debt, I had nobody depending on me, I lived in the back of an old boarding house and ate a great deal of peanut butter to buy and make that car what it is today. And the fact is, I would not change a thing. It may be correct that the market may drop some, but that will only be until the Gen X group has kids off to college and they have some disposable income. I can see Ferrari's and Porsche's being purchased, but there are a great number like myself that will be collecting these cars when they become available and the bank account allows. https://www.yenko.net/ubbthreads/imag...s/headbang.gif https://www.yenko.net/ubbthreads/imag...ns/burnout.gif

Re: I need help to authenticate a LS6 Convertible
 

"Sounds good. However, most of the guys who have them can
afford them, but they still don't race or drive them."

This is how you end up with barn finds. If a car becomes a White Elephant, the owner says "It's not for sale" and sticks it in a barn or garage, or even worse his backyard for someone else to find years later. Sometimes the car is a gem, sometimes its a crusher.
A Yenko or a COPO or Hemi could be had for next to nothing in the mid-'70s, and many have been discussed here. However, when you suddenly figure out that your car is worth more than your home, and you don't have the resources to restore it because you've retired, but you can't let it go...

Re: I need help to authenticate a LS6 Convertible
 

Some of my friends have Porsches (all GenXers), I have had Porsches, would rather have MUSCLE CARS.
The owner of the Black 69 RS/Z has a 02 911 Cab. He told me the other day that he wants to get rid of the Porsche and buy a 67-69 Camaro Conv with auto and A/C so his wife can drive it. He said that there is nothing like stabbing the throttle and getting instant power...unlike a high revving small displacement where you have to wait on the power.

Re: I need help to authenticate a LS6 Convertible
 

I'm not sure if my son is a Gen X'r but he is 21 and already bought his own survivor second gen z28 camaro. He enjoys driving it and ALL his friends especially the girls love the car. I hope I had some influence (positive) on his interest in these cars. It not a super car, but if his interest, desire and bank account allows he will purchase another one.

Re: I need help to authenticate a LS6 Convertible
 

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Stuart! You just had to go there - huh?

The fake one of-course! What am I - stupid?! https://www.yenko.net/ubbthreads/imag...ns/naughty.gif

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No...I'd say you were dead if I had to guess. https://www.yenko.net/ubbthreads/imag...mlins/hmmm.gif

Re: I need help to authenticate a LS6 Convertible
 

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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.

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Here Here!!! https://www.yenko.net/ubbthreads/imag...ns/scholar.gif https://www.yenko.net/ubbthreads/imag...lins/beers.gif

Re: I need help to authenticate a LS6 Convertible
 

There is never and end that pleases everyone in these discussions. New cars should not be compared to a 40 year old camaros, chevelle, etc.

There will always be a market for the ferrari's etc and muscle cars. Not all muscle cars are collectables either.

I was not attracted to these cars because of money. The dollar value or rarity has nothing to do if I like the car or not. We buy cars that loose money everyday, so if it was strictly an investment we would all be driving collectables to work. I don't think you can always say investment with muscle cars, for me its just icing on the cake and a way for us to somehow justify it to the wife!

Buyer beware for sure. This site is awesome at ratting these cars out.

Re: I need help to authenticate a LS6 Convertible
 

Frank,


You are awesome! I look forward to meeting you someday. My attitude parellels yours. Many cars that are looked at as survivors today went through the ringer quite a few times and lived to tell about it. Being careful is one thing but being a hermet is something totally different.


Jason

Re: I need help to authenticate a LS6 Convertible
 

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As a gen X'er myself, I have to respond that there are more than just a few of us that have the car of our dreams sitting in the spare stall of the garage, but multiply by many times the numbers that want these cars. Currently, I have my car by shear 'want' and determination. I was 25 years old when I picked my car up. I had no debt, I had nobody depending on me, I lived in the back of an old boarding house and ate a great deal of peanut butter to buy and make that car what it is today. And the fact is, I would not change a thing. It may be correct that the market may drop some, but that will only be until the Gen X group has kids off to college and they have some disposable income. I can see Ferrari's and Porsche's being purchased, but there are a great number like myself that will be collecting these cars when they become available and the bank account allows. https://www.yenko.net/ubbthreads/imag...s/headbang.gif https://www.yenko.net/ubbthreads/imag...ns/burnout.gif

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Ditto, 'xcept I was 26! https://www.yenko.net/ubbthreads/imag...iggthumpup.gif

Re: I need help to authenticate a LS6 Convertible
 

Ok we have gone 12 pages and still we do not know what has happened to the deal with Dave Castine. Was it a real deal?
Was it a fishing post or whats up. Does anyone have any info?


Johnny