I need help to authenticate a LS6 Convertible

[zap]

[ QUOTE ]
[ QUOTE ]


Just curious but if you are assuming that there will be no reduction in value where do you see a 1969 Z28 in 5 years? a LS6? a COPO?

[/ QUOTE ]


Since you asked, I believe that original examples of every one of the above mentioned cars will be worth more in 5 years than they are right now.

Unlike yourself, I'm not a value speculator or "investor", nor do I use the word "economics" when talking about the cars i love, but I do know this... I have been into these cars all my life, and since i was a little kid I have been going to auctions, car shows, swap meets, etc. I have never seen the cars I liked cost LESS one year than they did the previous year. EVER.

While I'm not any type of expert on LS6 prices or values, I have followed the prices of Yenko cars fairly closely simply because I have been trying to buy one for years...as the years passed, I watched Yenko Deuces go from 20k to 30k to 40k to 50k to 100k all the way to 175k. At the time I bought mine at 50k it was one of the highest prices ever paid for one. There were some folks in the shadows similar to yourself saying it was "too much money", "the bottom was going to fall out", "its overpriced" etc. That was less 5 years ago. I think those folks were proven wrong at least 3 times over. In fact, every one of 'em sold since has sold for more money than the one before it. What will it be worth in another 5 years? I don't know, but to be honest I hope you're right and its worth less than what I paid for it, because "economics" has nothing to do with my love or interest in these cars, and I'd like to get another one. (or 2 or 3!) To me it doesnt matter if they "continue to rise in value at the same proportions they have over the last few years", which I agree they will likely not do, since they have tripled in value in 5 years or less but at the same time, I'm not saying their value is going to fall. As with the speculators and naysayers of the previous 5 years who were proven wrong when they said these cars were "overpriced" in 2001, we'll just have to wait and see who's doomsday reports of today prove to be fact or fiction in 5 more... Talk to ya in 2011.



So you really sold original Corvettes and LS6's to buy and build clones/day 2 cars?

[/ QUOTE ]

"No..." I didn't sell original cars to buy or build clones...sold them to buy a business and realestate which in turn made me way more money then musclecars..

I'm not a specualtor or investor in these cars either..have had them in some capacity for over 20 years. I actually really enjoy original cars, but with the current situation with fraud and restamped parts I just don't feel comfortable buying original cars, especially GM cars. I watch websites like this and read post and see that the potential for deception doesn't seem to be limited to low end cars being turned into high end cars...I know it has even gone so far as historic cars being faked and that bothers me. If guys are faking cars and turning unknown cars into historic cars, with known historic provence then what are the chances someone will fake a basic SS396??? So for now if I want to drive a 1969 Camaro I'd rather have something where noone cares about documentation, matching numbers, etc..Something that is just enjoyed for what it was/is..a cool old car that sounds great and performs great and gets "thumbs up" without all the other hassles.

Just for the record about cars being worth less..I can remember looking at a 1969 RS/JL8 cross ram car Ed Uylate (sp?) had in 1994 or 1995..it was a LA car loaded to the gills with options, a 10 10 car, etc..He wanted 19-20k for it at the time, but it didn't have paperwork...the sum of the parts was worth the money, but why part it out if it was real...If he had listed that car in 1989 would it have been listed for 19k or 65k? That is just one example.

It seems like you are only looking at the "good" data....the data from the boom...check out the prices from 1989 and then 1994 or so..what was the percentage of drop..not the actual money, but the percentage...inflation in general has to be taken into account. It also looks like you are into the car even in a "bad" market for "ok" money so you will be ok more than likely..However what about the guys buying them for 100-150k?? Who knows...