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