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chevymitchell
01-02-2007, 12:26 PM
I am getting ready to start my project. It's a 69 Camaro SS and I have estimated the cost of doing everything I WANT to to this car at around $50+ thousand dollars. That is on the cheap side. Is the market value of these kind of cars going up and will they be worth more down the road (10-15 years)? I am going to go through with my project regardless because of my love for this vehicle, just curious what y'all think. :_paranoid

Sales@Dutchboys
01-02-2007, 12:29 PM
I think that the "Pro-Touring" Treand Is increasing So I dont think that you will be going backwards if you ever want to sell your car.

chevymitchell
01-02-2007, 12:31 PM
Yeah that's what I was thinking. Muscle cars in general have gone up so much in the last 10 years it's insane. I would almost consider buying another car for the price I am going to put into this one and let it ride for another 10 years. It's an idea, but I most likely won't do it. One project is enough.

XcYZ
01-02-2007, 01:00 PM
I too think that the trend is just starting to take off. The more popular the movement, the more likely it is you'll get your money back.

This uear, Barrett-Jackson will have more pro-touring/g-machine cars than ever, it will be interesting to see how they do.

Steve1968LS2
01-02-2007, 01:04 PM
Don't you know.. it's just a fad.. pizza cutters and 14-inch wheels is where it's at...

:_paranoid

rwhite692
01-02-2007, 01:49 PM
If the housing market keeps tightening, the number of people with access to large sums of their equity "play" cash will greatly diminish. A lot of what has fueled musclecar price growth in the last 8 years or so is the number of people with access to this easy money, coupled with speculation. The demand has been higher than supply.

Like in real estate, quality will count a lot, in terms of retained value. But in this scenario, where overall demand declines, mediocre cars are going to have real trouble maintaining the too-high prices that they are now fetching, in my opinion. I also don't think that BJ is a complete market barometer, it really represents only a small, and overexposed, piece of the overall picture. Just my $.02 - Rob

chevymitchell
01-02-2007, 01:59 PM
What about TT cars and when the design for the full chassis hits the F-Body market? Will all of these custom add-ons and custom design prevail over original equipment?

ZZ3ElCamino
01-02-2007, 02:05 PM
I know that building a car is a huge investment, especailly if you plan on selling the car and want to turn a profit. The way I see it, build the car the way you want. The only thing that matters is if you like it. If some people don't, then hey, you didn't build it for them right? Just my $.02

4mm
01-02-2007, 06:29 PM
My input:
Yes the PT trend is on the rise but PT cars are usually worth the most when they are very fresh and done correctly. Otherwise it will be difficult to get your money back even if you did the labor yourself.

Numbers cars will always go up whether restored or not.

Just check the for sale ads around the net. How many sellers are asking for less than what they have invested in the car vs how many are asking for more than what they have into the car?

JamesJ
01-02-2007, 10:00 PM
If one can go out and buy the parts then its a nice car with a bunch of used parts. And if a car is "dated" then it is old used parts.

Vegas69
01-02-2007, 11:26 PM
If the car is done right is the key. You stand a hell of alot better chance of getting your money back than you do buying a late model clunker that will lose half its value in two years.

jannes_z-28
01-03-2007, 01:22 AM
I think you can compare with the Street rod scene, IMHO Pro Touring is a modern way of Street Rodding, using newer cars and making them perform and look better.

At the moment Pro touring is hot and many buyers don't ask for the quality or what parts are used. The price would depend very much on how it is built, very much the same as on Street Rods.

You can do a PT car on a tight budget or you can easily spend $100K and it would still be a PT car. As of now the '69 Camaro is the hottest one. Look at SEMA -06 only Camaros that you could see was '69s with a few exceptions of 67 and 68. So just the fact that you do a '69 Camaro will raise the price of it.

As said previously you will for sure get back the invested money and some for you work. It all depends on finding the right buyer...


Jan

XcYZ
01-03-2007, 07:24 AM
If the housing market keeps tightening, the number of people with access to large sums of their equity "play" cash will greatly diminish. A lot of what has fueled musclecar price growth in the last 8 years or so is the number of people with access to this easy money, coupled with speculation. The demand has been higher than supply.

I agree with that Rob, but I also think the demographics of car enthusiasts is changing. Street Rods just aren't being built as often as they used to be, and the custom muscle car (pro-touring/g-machine) is taking off.

DocDave
01-03-2007, 11:40 AM
I agree. PT is the modern hot rodding. Look at what we all are doing to our cars, it's the same stuff the street rodders been doing for a while. We are just using newer stuff and taking it to the next level. PT movement is here to stay for a while.

rwhite692
01-03-2007, 10:46 PM
I agree with that Rob, but I also think the demographics of car enthusiasts is changing. Street Rods just aren't being built as often as they used to be, and the custom muscle car (pro-touring/g-machine) is taking off.

Yep, I agree with that as well, we see the demographic move along with the age group that has established themselves enough financially to afford the cars that they really want....in our cases, (30-50 something age group) are all wanting muscle...

Stuart Adams
01-04-2007, 06:20 AM
The awesome parts available, forums like this one and others, quality cars floating around as examples, builders such as Foose, etc. involved, celebs such as Reggie, Jimmie Johnson, and Danica, and on and on - all this combined is exciting for the hobby and is fueling the surge IMO.