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Old 03-27-2007, 08:45 PM   #1 (permalink)
 
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GTO Future Value

Well, after looking at some of the numbers with my insurance agent and sites like Cleveland Pick a Part.........The 18-24 age GTO owners are really adding to the value of the GTO's. DAMN!

Almost 15% of the total GTO's produced are destroyed already.......Hold on to'em boys......

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Old 03-27-2007, 09:23 PM   #2 (permalink)
 
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Some can't handle the power i guess.
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Old 03-27-2007, 09:41 PM   #3 (permalink)
 
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I can see the future of Barret Jackson now.
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Old 03-27-2007, 09:44 PM   #4 (permalink)
 
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Sad.

You'd think one would know what they were getting into when buying a GTO.
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Old 03-27-2007, 09:59 PM   #5 (permalink)
 
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400hp is nothing to fool with!
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Old 03-27-2007, 10:04 PM   #6 (permalink)
 
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Just remember that the Buick GN had the same thing happen. They raced'em, wrecked'em.........now you need $30,000 to touch one. Admire what it is, and enjoy the car.......don't destroy it.
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Old 03-27-2007, 10:07 PM   #7 (permalink)
 
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I felt like driving mine to the scrap, taking out the battery and getting it crushed. If it had been a cheaper car I would have
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They also will not service one when you take it in under warranty.
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Old 03-28-2007, 08:16 AM   #8 (permalink)
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The rates of insurance premiums will climb. What is happening is there are parents out there who are cosigning loans for their kids to drive these cars with no regard for their kids well being. Too many young kids have no business behind the wheel of a car like this. It is similar to playing with a loaded gun.

Most think they can handle it then poof they are brought down to reality. Some post pics in here of their mishaps and tell how they did it.

15% have been destroyed? What survey says this I wonder. This car was built to target the middle aged driver not the 18-20 yr olds. The statistics are showing why.
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Old 03-28-2007, 08:38 AM   #9 (permalink)
 
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yeah my insurance just went up, probably due to this crappy statistic. as long as no one crashes me i plan on keeping mine until i can no longer put the wheels back on.
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Old 03-28-2007, 09:57 AM   #10 (permalink)
 
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15% destroyed sounds way too high. That is 6113 gtos gone....


I'm 20 years old, but don't drive like an idiot. I only push it when there is no one else around me, and I know the cars limits.
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