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Topic: Vette Mag TOP Investment Choices

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Vette Mag TOP Investment Choices (1/21)
 11/30/07 4:58pm
Bob GriffithsLifetime Member
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Frederick, MD - USA

Vette(s):
Frederick County Corvette Club (Maryland) Tan 64 365 Hp Conv 4 sp Red 72 4 sp Conv ..running a '68 327 Blue 76 Coupe L 48 4 sp White 79 Coupe L 82 auto Silver 98 Conv, 6 sp 35th Anniv '88 vette


Joined: 2/20/2003
Posts: 548

While I do not (repeat not) advise anyone to buy any Corvette as an investment I have to pass this short list on...

In the new issue of Vette Magazine Mike Yeager listed his  TOP
investment choice for appreciation over the net ten years....

Have to say I'm pretty happy....and figure a bunch of us C3 owners should be also.

64.....(and I own one)

68 ...Convertible 427

70-72 ... Especially the convertibles ...(I own a 72 vert)

74  ...454 Convertible

78-82 Low milage cars... (I own a 79 but not a real low millage one)

Funny but in addition to my 64 and 72 plus a mid milage 79 I also own a 98 Convertible and a 4 speed 76 coupe...  

Its funny because of all my cars I have stated many times that IF I had to have only one it would be the 76 .. The 76 is just my favorite overall  ...last to be labeled a Stingray and a ball to drive....But it did not make the list....Oh well Its stilll my favorite...

Bob G. 


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Vette Mag TOP Investment Choices (2/21)
 11/30/07 6:08pm
Ron 78Lifetime Member
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BINGHAMTON, NY - USA

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Joined: 7/19/2003
Posts: 3808

I think my 78 is low mileage,it's got 78k,thats only 2600 a yearLOLLOLLOL

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Vette Mag TOP Investment Choices (3/21)
 11/30/07 7:10pm
cj5nutzLifetime Member
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Ronda, NC - USA

Vette(s):
77 & 71 & 85


Joined: 6/7/2006
Posts: 1057

Thanks Bob ! 

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Vette Mag TOP Investment Choices (4/21)
 11/30/07 7:51pm
mkapp7879
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Posts: 1220

[QUOTE=Bob Griffiths]

In the new issue of Vette Magazine Mike Yeager listed his  TOP
investment choice for appreciation over the net ten years....

78-82 Low mileage cars....... 


[/QUOTE]
 
Oh BOY! maybe my retirement plan will work after all.....
mkapp78792007-11-30 16:53:17
Vette Mag TOP Investment Choices (5/21)
 11/30/07 8:54pm
cj5nutzLifetime Member
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Ronda, NC - USA

Vette(s):
77 & 71 & 85


Joined: 6/7/2006
Posts: 1057

[QUOTE=mkapp7879][QUOTE=Bob Griffiths]

In the new issue of Vette Magazine Mike Yeager listed his  TOP
investment choice for appreciation over the net ten years....

78-82 Low mileage cars....... 


[/QUOTE]
 
Oh BOY! maybe my retirement plan will work after all.....
[/QUOTE]
 
 
But then again he has the Corvette from Death Race 2000 documented as priceless in his museum and I don't know if you guyz ever saw the movie or not but thats not the car from Death Race 2000..LOL
 
 
I agree though , All Sharks are going to start appreciating more. It is the most recognized Corvette ever made  Clap 


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Vette Mag TOP Investment Choices (6/21)
 11/30/07 9:17pm
jayare
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Posts: 475

A well plotted and maintained portfolio will/should exhibit a doubling of it's invested monies every 7 years.

That being true, my 7 thousand dollor (investment) in my Corvette should net me 112,000 dollars in 28 years.............yeah right !!!!
 
My Son is an Edward Jones Investment Rep. and he advised me to buy the Vette for fun and games and, if I have any money left over let him help me get a true Investment from it.......which I have...(and he's correct WOW)Wink
 
He is 31 yrs old and on track to retire at 50 and pick up his new Vette at the factory. I hope i'm still around to go with him to get it....I'll be 84 then....hmmmm
Vette Mag TOP Investment Choices (7/21)
 11/30/07 9:39pm
RADARB8Lifetime Member
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Montesano, WA - USA

Vette(s):
had a really nice one. sold it to a good friend. Purchased 2004 custom coupe in Feb. 2009 did not tell anyone here until August 2009. BAD I KNOW.


Joined: 9/27/2003
Posts: 1931

wondering if they broke down the 70-72 vettes as is production numbers big block small block, opitions, LT-1


Vette Mag TOP Investment Choices (8/21)
 11/30/07 9:58pm
Bob GriffithsLifetime Member
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Frederick, MD - USA

Vette(s):
Frederick County Corvette Club (Maryland) Tan 64 365 Hp Conv 4 sp Red 72 4 sp Conv ..running a '68 327 Blue 76 Coupe L 48 4 sp White 79 Coupe L 82 auto Silver 98 Conv, 6 sp 35th Anniv '88 vette


Joined: 2/20/2003
Posts: 548

[QUOTE=1BadLT1]wondering if they broke down the 70-72 vettes as is production numbers big block small block, opitions, LT-1


[/QUOTE]

No they were NOT..... only mention was that the rag tops held an edge

Bob
Vette Mag TOP Investment Choices (9/21)
 11/30/07 10:11pm
Bob GriffithsLifetime Member
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Frederick, MD - USA

Vette(s):
Frederick County Corvette Club (Maryland) Tan 64 365 Hp Conv 4 sp Red 72 4 sp Conv ..running a '68 327 Blue 76 Coupe L 48 4 sp White 79 Coupe L 82 auto Silver 98 Conv, 6 sp 35th Anniv '88 vette


Joined: 2/20/2003
Posts: 548

[QUOTE=Ron 78]I think my 78 is low mileage,it's got 78k,thats only 2600 a yearLOLLOLLOL[/QUOTE]


Ron you bring up a good point....That got me thinking. (dangerous )

What do you guys call a low millage car ...?

I stated in my original post that my 79 was NOT a low millage car but its 29 years old with 108,000 on the clock = 3,700 miles /year

NOT LOW Millage but at 3,700 miles a year it sure has not spent a lot of time on the road...

Just curious

Bob 
Vette Mag TOP Investment Choices (10/21)
 11/30/07 11:35pm
Adams' AppleLifetime Member
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Duncanville, TX - USA

Vette(s):
#1-1974 L-48 4spd Cp Med Red Metallic/Black deluxe int w/AC/tilt/tele./p/w-p/b/ Am-Fm/map light National/Regional/Chapter NCRS "Top Flight" #2-1985 Bright Red/Carmine Cp.L-98/auto Member: NCRS, NCRS Texas, Corvette Legends of Texas


Joined: 11/8/2003
Posts: 20129

[QUOTE=cj5nutz]But then again he has the Corvette from Death Race 2000 documented as priceless in his museum and I don't know if you guyz ever saw the movie or not but thats not the car from Death Race 2000..[/QUOTE]

Uh...the car from the movie ain't even a Corvette to start with...it's a...a....a....Volkswagon!
A Dean Moon special...

Dang...I wish my '74 were a big-block convertible...

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Vette Mag TOP Investment Choices (11/21)
 12/1/07 1:05am
BlueX2Lifetime Member
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Posts: 2168

Yeah, that's the only thing I would wish for is that I had a big block. At least I have some cool options like the 4 speed and factory air.
Vette Mag TOP Investment Choices (12/21)
 12/1/07 11:22am
greypoupon69Lifetime Member
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Irving, TX - USA

Vette(s):
#1 -1969 Corvette Coupe Riverside Gold, black interior,MN,A/C,350/350,PS,PB,window cranks. #2 -2000 C5, black/black, 6 sp, Bose system & lots of buttons.


Joined: 8/21/2004
Posts: 4273

IMHO, I believe it's BS.  Corvette magazine says a completely different thing.  The '68's increase % rate was the lowest for a chromie.  There's more people out there that really like the "Stingray" name on the side.  If our cars really do increase in value, that's cool, but the main reason I like 'em is because they are fun to drive.  When I get in mine and start that engine..........I'm back in the 60's again...........you can't beat that trip! Wink

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Vette Mag TOP Investment Choices (13/21)
 12/1/07 12:01pm
71Shark
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Edmond, OK - USA

Vette(s):
1971 Brands Hatch Green L48 Coupe Automatic Driver - restored 1995


Joined: 7/13/2006
Posts: 400

No investment here.   I've managed to spend more on mine over the years I have owned it than it will be worth in a long time.  Don't care though.  I spent over twice it's value just to build a place to put it.
Vette Mag TOP Investment Choices (14/21)
 12/1/07 2:46pm
manget1Lifetime Member
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Indianapolis, IN - USA

Vette(s):
Silver 1974 Convertible - L82 4 speed Low miles (was only 8,900 when I bought it in March 2006) - Now 54K miles. Original owner bought it as an investment for son's college expenses. 2008 Jetstream Blue Convertible


Joined: 9/3/2006
Posts: 2418

From my experience in looking for my '74, there are still a good number of 1974 Big Block Convertibles out there, it's just that almost all of them are automatics.  Before today, I hadn't seen a '74 454 4-speed Convertible for less than $30,000.  But then today, I found this:
 
 
It's in rough shape, but from the looks of it, that's partly because it looks to have original tail and nose.  At this price, it might make a good investment for someone looking for a project!


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Vette Mag TOP Investment Choices (15/21)
 12/1/07 8:54pm
tuxblacrayLifetime Member
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Greensburg, IN - USA

Vette(s):
Previous: 1984 Silver / Charcoal Coupe, 1988 Maroon Coupe / 1989 Artic White Coupe / 2001 Speedway White Roadster / Present:1976 Stingray Black / Black, Auto, 350 slightly modified (355 hp) Luxor Wires Redline Tires. / 1989 Roadster Bright Red...


Joined: 9/24/2003
Posts: 5188

Unless you have a boat load of money or are very young with a boat load of money cars for an investment won't bring a rapid return that most will see materialize in order to take advantage of it.

With fuel cost and technology being what they are today it is anybodyies guess what true dollar values may be in the future.


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Vette Mag TOP Investment Choices (16/21)
 12/1/07 10:06pm
2 cruznLifetime Member
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Poquoson, VA - USA

Vette(s):
73 Conv, Blue-Green/White Top - 454, M21 - Dark Saddle Leather, Power Windows, A/C, Tilt/Tele, AM/FM St. (orig. and sounds like it too).#2 -- 2007 Coupe,3 LT package, Z51 option, Victory Red, Ebony Int. Clear Top.


Joined: 11/20/2004
Posts: 1023

People can write all day long about what they are worth... the only thing I believe is... if you are trying to sell and someone else wants to pay what you want... $$$ in the pocket are what count...  also how many of the next generation will buy C3 vettes when we are ready to sell... just drive the thang and let your kid's worry about sellin'Wink I'm driving my BB  '73  and 4 spd... hell.. I might as well... it ain't on that listCry



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Blue Green *** 454,4 Spd, Dark Saddle Leather, A/C, AM-FM St. (orig), PW, Tilt -Tele Wheel"



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Vette Mag TOP Investment Choices (17/21)
 12/2/07 9:43am
Bob GriffithsLifetime Member
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Frederick, MD - USA

Vette(s):
Frederick County Corvette Club (Maryland) Tan 64 365 Hp Conv 4 sp Red 72 4 sp Conv ..running a '68 327 Blue 76 Coupe L 48 4 sp White 79 Coupe L 82 auto Silver 98 Conv, 6 sp 35th Anniv '88 vette


Joined: 2/20/2003
Posts: 548

Personally I love the 73... but a Rag Top BB 4 speed car WOULD be high on my list of desirable C3's to own.....PERIOD.

68's did not make the lust either...BUT I kind of think that both of these cars ALREADY have been recognized as cars that will appreciate substantially over the next 10 years ...whereas the listed cars are now just at the point where  appreciation will take off..

That said these cars offer so much fun to drive buying one to store in the garage just ain't my idea of making good use of my short time on this planet Earth...

Still since I do own a few of them its nice to know they may be worth some money to my children & grandchildren... I'll take my rewards in the form of smiles per miles ...

Bob G.



Vette Mag TOP Investment Choices (18/21)
 12/3/07 6:20am
manget1Lifetime Member
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Indianapolis, IN - USA

Vette(s):
Silver 1974 Convertible - L82 4 speed Low miles (was only 8,900 when I bought it in March 2006) - Now 54K miles. Original owner bought it as an investment for son's college expenses. 2008 Jetstream Blue Convertible


Joined: 9/3/2006
Posts: 2418

[QUOTE=Bob Griffiths]
68's did not make the lust either...
[/QUOTE]
 
"Lust" or "List?"  Freudian Slip?  Does it really matter?  When you're talking about a list of Corvettes, I suppose "Lust" is just as good a word as any!!


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Vette Mag TOP Investment Choices (19/21)
 12/4/07 7:02am
dwright
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Victor, NY - USA

Vette(s):
2004 Commemorative Edition Coupe, Auto w/HUD. 13K miles in 2015. Sold 1982 Red Coupe


Joined: 7/12/2004
Posts: 6836

I would never consider a Corvette an investment, but I do know people who buy and sell short term and make a profit.
 
Long term you are better off investing in the stock market, although I would shy away from GM stock.
 
That being said, there are not many 20 year-old cars that you can buy, drive and maintain for ten years, then sell for what you paid for it.
 
As a matter of fact, most 20 year-old cars are already in the crusher.
 
Long live the C3.Clap
 
And Bob- Nice collection.


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Vette Mag TOP Investment Choices (20/21)
 12/4/07 2:21pm
sundew
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Eagan, MN - USA

Vette(s):
Gone, but not forgotten: 1974 Coupe Red, matching numbers, Black Interior, L-48 w/ 4 speed; The “Admiral”, also gone and never to be forgotten. 1994 Admiral Blue LT-1 coupe, Black Interior Automatic


Joined: 6/18/2007
Posts: 427

Remember, this is one man's opinion ( Mike Yeager) and opinions are like belly buttons, we all have one. (I cleaned it up for the web site.) What about a '63 split window.....My car, a really nice 20 foot '74 Corvette, is my hobby. Working on this car is a labor of love. An investment?, not hardly. Micki hits the nail right on the head. Driving it is like dialing back the clock....My son, who has always driven front wheel drivve 4 or 6 cylinder wheezers, eyes nearly popped out of his head the first time I fired up the Corvette...talk about a priceless moment...
 
Wally
 
 


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Vette Mag TOP Investment Choices (21/21)
 12/8/07 9:50pm
2 cruznLifetime Member
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Poquoson, VA - USA

Vette(s):
73 Conv, Blue-Green/White Top - 454, M21 - Dark Saddle Leather, Power Windows, A/C, Tilt/Tele, AM/FM St. (orig. and sounds like it too).#2 -- 2007 Coupe,3 LT package, Z51 option, Victory Red, Ebony Int. Clear Top.


Joined: 11/20/2004
Posts: 1023

[QUOTE=sundew]My son, who has always driven front wheel drivve 4 or 6 cylinder wheezers, eyes nearly popped out of his head the first time I fired up the Corvette...talk about a priceless moment...
 
Wally
 
 
[/QUOTE]
 Don't you just love it when you crank up that "V-8".. I love to watch the heads turn...Rolling%20On%20The%20Floor%20Laughing


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USN 1966-1970

WestPac 67-68 Tet I&II


Featured in Corvette Enthusiast Aug 2007 "Shark Attack"
Blue Green *** 454,4 Spd, Dark Saddle Leather, A/C, AM-FM St. (orig), PW, Tilt -Tele Wheel"



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