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third gen prices going up?
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dlp
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Joined: 28 Mar 2005
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Location: Bothell, Wa

1990 Chevrolet Camaro IROC-Z

PostPosted: Thu Jun 26, 2008 7:13 pm    Post subject: third gen prices going up? Reply with quote

Just for S&G I searched Auto trader for third gens for sale for 1k miles. WOW Shocked

My wife keeps saying dump the 1990 vert for what we payed for it. I could not find a decent IROC vert for less than 9500.00. We paid 4k for hers. Her perception was " we could make 4K on it" mine was cool, glad we have one!

Anyone else think that third gens will be sought after like 1st gens the next time the collector car rage hits?
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Dewey316
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1990 Chevrolet Camaro RS

PostPosted: Thu Jun 26, 2008 8:42 pm    Post subject: Reply with quote

It comes down to how many of them get "high-schooled" (no offense to theh younger crowd). There were millions of these cars made, but they are the cheap V8 car the kids can afford. If enough of them wreck them, then the number of nice ones go down. I think that the thirdgens are going to prove to be more collectable than the late 2nd gens, or the LT1 cars. Only time will tell though.

The number of them turning to dust now, in the rust belt, will also help prices go up.

--John
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iansane
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PostPosted: Thu Jun 26, 2008 9:04 pm    Post subject: Reply with quote

I can only hope the value goes up. That way, if I hit any more deer I won't have to worry as much about getting totaled out. Laughing
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Red Bird
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PostPosted: Thu Jun 26, 2008 9:30 pm    Post subject: Reply with quote

Thirdgens are getting harder to find in the boneyards where i live i central WA. I see a ton of runners around, but they are all mostly clapped out, neglected cars that need somone to put them out of their motoring misery. which is good for us who intend to keep their cars for many more years. I think the limited production vehicles are definitley getting more expensive. but then again, a lot of people with clean modified thirdgens wind up parting out their cars, cuz they can not get as much selling the whole car.
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fiveoformula
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PostPosted: Thu Jun 26, 2008 10:04 pm    Post subject: Reply with quote

I'm with stupid both redbird and dewey... what john says about high-schoolers is oh so true, most of them at my school are mostly into imports but still, i cant stand the kid who fires up his car in the parking lot, gives it a few 3-4K revs and then procedes to do a burnout out of the parking lot, all on a cold engine Smashy Smashy

And he's the reason my insurance is so high...

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cameron7710
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1992 Chevrolet Camaro RS

PostPosted: Thu Jun 26, 2008 10:22 pm    Post subject: Reply with quote

fiveoformula wrote:
I'm with stupid both redbird and dewey... what john says about high-schoolers is oh so true, most of them at my school are mostly into imports but still, i cant stand the kid who fires up his car in the parking lot, gives it a few 3-4K revs and then procedes to do a burnout out of the parking lot, all on a cold engine Smashy Smashy

And he's the reason my insurance is so high...
i agree there are alot of stupid high schoolers that just tear up there cars and im just there laughing at them and they dont know y i am. i may b in high school but i love and respect my camaro and i would never abuse it like that
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fiveoformula
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PostPosted: Thu Jun 26, 2008 10:28 pm    Post subject: Reply with quote

yea me to, i just graduated but im old for my age Wink
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iansane
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PostPosted: Thu Jun 26, 2008 11:07 pm    Post subject: Reply with quote

cameron7710 wrote:
I agree there are alot of stupid high schoolers that just tear up there cars and im just there laughing at them and they dont know y i am. i may b in high school but i love and respect my camaro and i would never abuse it like that


Meh. I love my car more than a person should love an inanimate object but I beat the piss out of it. I don't mind people beating on their cars, as long as they can take care of/fix it.
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Dewey316
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PostPosted: Thu Jun 26, 2008 11:10 pm    Post subject: Reply with quote

most of us are guilty of beating on them, that is different that abusing them without sense, or the ability to fix what we break. I was saying that typicaly the young male demographic, writes off more sporty type cars, than any other group of people.

-- John "I drive it like I stole it" Dewey. Very Happy
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cameron7710
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PostPosted: Thu Jun 26, 2008 11:31 pm    Post subject: Reply with quote

iansane wrote:
cameron7710 wrote:
I agree there are alot of stupid high schoolers that just tear up there cars and im just there laughing at them and they dont know y i am. i may b in high school but i love and respect my camaro and i would never abuse it like that


Meh. I love my car more than a person should love an inanimate object but I beat the piss out of it. I don't mind people beating on their cars, as long as they can take care of/fix it.
well im not saying that i would never have fun with it what i mean is like what fiveoformula was talking about with people firing up there car and reving it and then doin burnouts ona cold engine.there is no point of that. and i also agree with u on taking care of it and fixing what u break,cause with me if i break it ill fix it or try to enyway as where the majority of high schoolers that due this never intend on fixing it or even care
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fiveoformula
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PostPosted: Thu Jun 26, 2008 11:56 pm    Post subject: Reply with quote

you gotta have fun with em, thats what there for!
but things like what listed above... er neutral drops, abuse stuff... a friend of mine loves to smash on his '96 3.8 camaro, from the moment he turns the key to when he stops.
that thing has the clacky-est valve train i ever heard!

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QwkTrip
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PostPosted: Fri Jun 27, 2008 3:28 pm    Post subject: Reply with quote

Well, since you're asking for opinions.... Very Happy

Third gens are old enough that they already hit rock bottom in price. The value will track with inflation now. Thirdgens and Mustang 5.0 began the muscle car revival but are nowhere near the pinnacle of performance. We'll have to hand that honor to the late model entries. There won't be a surge in value of 3rd gens unless the people that grew up driving them get nostalgic and decide to relive their younger years. And that's not going to happen any time soon. Those people are between 35 and 45 years old now and can afford much better cars and enjoying every minute of it.

Third gens are owned primarily by people that can't afford much better but do have enough expendable income to customize an inexpensive car. In order for prices to soar you would need people with a lot of expendable cash to want them for show circuit or custom rods.
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dlp
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1990 Chevrolet Camaro IROC-Z

PostPosted: Fri Jun 27, 2008 5:04 pm    Post subject: Reply with quote

QwkTrip wrote:
Well, since you're asking for opinions.... Very Happy

Third gens are old enough that they already hit rock bottom in price. The value will track with inflation now. Thirdgens and Mustang 5.0 began the muscle car revival but are nowhere near the pinnacle of performance. We'll have to hand that honor to the late model entries. There won't be a surge in value of 3rd gens unless the people that grew up driving them get nostalgic and decide to relive their younger years. And that's not going to happen any time soon. Those people are between 35 and 45 years old now and can afford much better cars and enjoying every minute of it.

Third gens are owned primarily by people that can't afford much better but do have enough expendable income to customize an inexpensive car. In order for prices to soar you would need people with a lot of expendable cash to want them for show circuit or custom rods.


I agree, but the second gens were looked at in the same light. Third gens really have a bad rap for white trash sports cars. This may help in the long run, most have met their demise already. They will only go up in price and the select few truly rare cars are finaly fetching the prices they should. There was a 92 Fire Hawk on ebay 2 or 3 years ago that I almost talked my wife into letting me buy for 17K. That car was just on ebay again, the seller pulled it with a 34k bid to sell it for " substantialy more" to a private buyer.
I see the turbo TA's being hot and any convertible in the next five years. Then the 1LE cars, then any clean example with a V8. Kinda like the 60's camaro's and even the 70 - 73.

I was just suprised to see the going price for a convertible. I tried to sell my 90 vert a couple years ago and their was no intrest at 5k. It is cleaner than any car I saw on AT for less than 10k.
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batcave
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PostPosted: Fri Jun 27, 2008 6:40 pm    Post subject: Reply with quote

nada values on third gen camaros and firebirds has finally gone up
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Quasi-Traction
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PostPosted: Sat Jun 28, 2008 2:55 am    Post subject: Reply with quote

I know its been said before by someone on here but my $.02 is basically this:

I really don't care what the buyers market says my car is worth. I know what it's worth to me. I also know that I intend to hang onto it and continue to modify and improve it in the way it personally suits my desires.

I was saying to someone the other day, that pretty much I think the 3rd gens have a spesific niche market. I don't forsee that changing drastically anytime soon, and especally so with everyone up in a panic about how much were paying at the pump now and potentially how much we could be paying in the future.

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cameron7710
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PostPosted: Sat Jun 28, 2008 5:20 am    Post subject: Reply with quote

Quasi-Traction wrote:
I know its been said before by someone on here but my $.02 is basically this:

I really don't care what the buyers market says my car is worth. I know what it's worth to me. I also know that I intend to hang onto it and continue to modify and improve it in the way it personally suits my desires.

I was saying to someone the other day, that pretty much I think the 3rd gens have a spesific niche market. I don't forsee that changing drastically anytime soon, and especally so with everyone up in a panic about how much were paying at the pump now and potentially how much we could be paying in the future.
well said
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QwkTrip
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PostPosted: Sat Jun 28, 2008 8:04 pm    Post subject: Reply with quote

Niche market??? Laughing These cars are passed around like fast women and there is one sitting in front of every 3rd house in the low rent district.
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Dewey316
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PostPosted: Sat Jun 28, 2008 8:07 pm    Post subject: Reply with quote

You've been to my neighborhood ?!?!?

I keed, I keed.

You see it where it is, because there were SO many of them built, and they are cheap now. The kid who wants a V8 "muscle car" can still afford our cars because there are enough of them around.
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QwkTrip
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PostPosted: Sat Jun 28, 2008 8:12 pm    Post subject: Reply with quote

Exactly. Yup yup

Last edited by QwkTrip on Sat Jun 28, 2008 8:32 pm; edited 2 times in total
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Dewey316
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PostPosted: Sat Jun 28, 2008 8:14 pm    Post subject: Reply with quote

QwkTrip wrote:
Exactly. Yup yup


The question is, how many of them have to get wrecked, before demand for them starts going up, and the prices go up also.

People in the early mid 70's said the same thing about Chevelles, since there were millions of them, they will never be worth anything....
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