GTO Future Value - Page 2

Aikidostudent · 03-28-2007, 09:21 AM

I don't understand how they are unable to, handle the power of the Gto.

Must be the age or experience factor I guess. I love this ride and would enjoy it as everyday driver or weekender two. For me personally it is a everyday if I want it to be, Or I pull out my 2004 Zo6-twin turbo and say two the ricers around like Scarface "Hello I would like you me two meet My little friend!!! and blow there doors off

Hanks06gto · 03-28-2007, 10:19 AM

I believe you are right in saying that most young kids that get these cars dont treat theyre power with respect. i got mine when i was 18, im 20 now and havent had a close call with mine yet, and its because i know when and where you can have a little fun, and when its too much. besides i take mine up to the track to go fast

GTO JUDGE · 03-28-2007, 01:56 PM

Most younger drivers do not know their limitations. Many drive like they are invincible. The lack of experience along with a car that has raw power can be lethal. The younger drivers who do drive sensible and are in control of their faculties are penalized with high insurance premiums because of the ones who drive reckless, take chances, and lack self discipline behind the wheel.

An underlying fact is, insurance companies dictate what young drivers drive. Premiums for cars like the GTO, Vettes etc are so high as it discourages younger drivers from owning them. Those who do choose to own one pay a hefty premium. This is the insurance companies idea of helping to reduce death on highways so they say. They use all kinds of stats to demonstrate their position. The younger drivers are shown to be the highest in accidents, although I think we can all say many seniors are as bad if not worse. It's kind of like health insurance, Insurance companies dictate to MANY on who they can see or get provided care with, and if they choose to go outside the network they pay a higher price. It's their way of controlling costs so they say, LOL. Insurance companies control too many peoples lives now a days. It sux.

I would not let my younger son own a car like a GTO even if he is the best driver. I don't want him getting screwed because of others who will dictate what he has to pay in insurance. It's bad enough he's getting hosed on a 4cyl let alone 8cyls.

Fat_Nick · 03-28-2007, 04:16 PM

Hey I hate to say this about wrecked Goats but someone needs to get all of the wrecked 05' rear facias and sell them to us 04' Goat owners.....

foxtrot7 · 03-28-2007, 07:58 PM

My first car was a 79 camaro on my 16th bday...The second day I owned it I got a ticket...the 3rd day I owned it I wrapped it around a tree. 10 years later I have had 0 accidents and 0 tickets since then...I wished I had learned my "Don't drive like an idiot" lesson on a honda...I miss that car

PHOTOGOAT · 03-30-2007, 02:17 PM

The list was compiled 'unofficially' by an agent friend of mine out of my own curiosity. I believe he used a VIN number search and compared active titles to salvage titles.

Insurance will go up on these cars, but only for a short while. Once the active title numbers drop to a certain level, the cars will be placed in a different category.

Either way, if the crazy people keep crashing, flipping, rolling and racin'em.....the ones that are left will go up in value.

noz34me · 03-30-2007, 09:49 PM

Quote:

Originally Posted by Aikidostudent

I don't understand how they are unable to, handle the power of the Gto.

Must be the age or experience factor I guess. I love this ride and would enjoy it as everyday driver or weekender two. For me personally it is a everyday if I want it to be, Or I pull out my 2004 Zo6-twin turbo and say two the ricers around like Scarface "Hello I would like you me two meet My little friend!!! and blow there doors off

I remember one post either on this forum or LS2 forum about a guy complaining that he couldn't "Kick it" going around a turn on a wet road without the rear end breaking loose.

That kind of mentality says it all.

koman · 03-30-2007, 10:49 PM

Quote:

Originally Posted by noz34me

I remember one post either on this forum or LS2 forum about a guy complaining that he couldn't "Kick it" going around a turn on a wet road without the rear end breaking loose.

That kind of mentality says it all.

hey i resemble that remark. seriously i haven't had any accidents nor close calls to date. i don't think "maturity" nor "powerful" car ownership has anything to do with how one handles him/herself. i don't think age has a part to play in it either. honestly unless i die soon i don't forsee the goat being sold so as far as worrying about future resale values that's not me. insurance prices do concern me though yet they continue to climb i'm still not getting rid of mine.

MJGTOWISH · 03-31-2007, 02:27 AM

Yeah I fill the burn !!!! This is crazy !! 17 and they are getting away with murder. But I live in the surbrs that change to complete country so quick, your neck snaps.But no close calls, no tix Knock on wood but so many ricers around ran an s3000 the other night only took it 80 kind of dark out so i kept it cool but i like to keep on the track. way more fun way more speed aint'n nothing like 140 !!!!! But I will be "riding to the wheels fall off" I will get another car but no matter what I will never sell my goat!!!!!! I started my restro car in the futre fund It is only 200 dollars so far but what the heck.

PEARL JAM · 03-31-2007, 05:51 AM

When I worked for Pontiac we had a customer slam a new Cyclone Grey 05 into a guard rail on a test drive. Acording to the salesman that was with him, he turned off the traction control, and floored it from a stop whiling turning left onto an on ramp. And it was raining. This thing was wrecked so bad that the impact shattered the back glass!