69 Z28 Sold for $112,000

[firstgenaddict]

If I am not mistaken that is a FEDERAL CRIME

[firstgenaddict]

Hey I have no objection to people paying whatever they want to pay for a car. Be it $1,000,000 for a 6 cyl .uh uh .I mean 9561 COPO Camaro. What I do have the objection to is the passing off of fake cars to people who belive that they are buying the Real Thing...I guess as always ...Buyer Beware. Maqybe if there was a Muscle car dealer who would give you 100% trade in allowance for anything he had as long as the car was in like condition... then you might feel better and believe that the guy was not faking cars.

[gemleeus]

i myself have entered this market for a muscle car. I just can't make up my mind which one to purchase, they all have their own special qualitys. i want an original car. what i learned in my research over the past few months is to educate yourself. study the various information resources out there so you don't get taken. muscle cars and fake muscle cars are big business.

[Chris396]

Hmm is this a repeat of the late 80's Ferrari market?

[gemleeus]

i've always loved the muscle car, grew up around them, although i was only around 15 yrs. old at the time. recently i'am now financially able to purchase the "car of my dreams" started looking a few months back and WOW what a surprise, the market is massive.

[Belair62]

I doubt it Chris...I think folks are very particular in the area of COPO and Yenko cars...colors and color combos,bench vs. buckets,auto vs. 4 speed, provenance (I hate that word) go a long way in determining their value...I'll bet the Burnished RS car was really nice...the Monaco Chevelle and the Fathom Camaro must have had other issues.As for the resto rods bringing idiotic money...go figure...these folks must just have wanted the car they bid on at all cost...I don't think they were concerned that a few years down the road it's going to be just a very cool rod...and not worth what they have into it.JMO

While the word "provence" is a word some hate, it really should be one of the "cores" of determining value as far as I'm concerned. I don't think color and whether equiped with a 4spd or auto should be as important as paperwork and being able to unequivocally prove a car is what it is spposed to be. What is worth more..a reported Hugger Orange COPO with no paperwork, but a trim tag that falls into a certain build range....or...a 1969 L78 with real docs (not just a new looking POP) that is Mist green and an auto..I'll take the L78 all day, every day. I firmily believe we are entering into a time of declining prices on most of the cars. I don't see how prices can continue to go up, when there is so much apparent fraud and disception going on..restamped parts, faked trim tags, added POP's, etc. Therefore the cars that have "history" or "provence" will continue to appreciate (not as fast as we have seen since 2001 though), while the cars that don't have that sort of paper will loose value. Also there is a certain point when the people holding the disposable income to buy a collectible car will determine what is the "envogue look," and consequently the prices will be set accordingly.

I think we are seeing the prices reflect that the musclecar hobby is by far a group of older, white guys that were babyboomers. While as of right now they control the disposable income to buy 50k dollar "original" cars, the tides are shifting. More and more 20-30 somethings are wanting the look of a 1969 Camaro but without all the associated BS of building a "trailer queen" original car. I would bet that the guys that were building "original" Model T's in the 1950's and 1960's never thought people wouldn't want their cars as collectibles..how many get sold today? Have the prices appreciated in respect to inflation or income levels from 1950 to 2004? Doubt it..

[John]

Welcome to the website....you can get alot of help here.
...You may want to fill out your profile ...thanks

[gemleeus]

thanks john, if you have any leads on any original cars let me know.