Don't know the answer. Honestly, it's of little concern to me. I plan on keeping this car for a long time. It's a rare car that outperforms most cars on the road, and with a little work will still outperform probably any upcoming car in its class and beyond. As long as mine remains reliable it doesn't matter what price it will bring because it won't be for sale.05GOAT said:Since they are not going to produce the GTO after 2006 and they were only in the US as a GTO for 3 years do you think the value of the car will rise over the years since there will be so few of them out there? :confused
Then why doesn't it lease better? 53% :-(GOATGIRL said:I think they will...it may not happen right away, but I definitely think they will be a collectors item.
Leasing residuals are based on what the CURRENT market is doing now...not in the future....l008com said:Then why doesn't it lease better? 53% :-(
:agree There is a risk in everything you do...I'm going to take this risk and hope it pans out!PHOTOGOAT said:It can go either way really. Time will tell.
One road will take them down to meet the Grand Nationals of the 80's. The other will take them down the lost and forgotten highway. Like a lot of owners, I didn't buy it for an investment, I want to drive it.
My only concern is parts availability in the future. The Grand Nationals suffer from the same problems. GM sold there inventory to private companies who sell parts for sometimes 10 times OEM list. But, if you own one, what can you do?
There is risk in everthing we do, for today, I'm not going to worry about it.
:cool
+1. Value on this car will be no different than for the f-body. I think the concept of a "classic" has almost faded. Cars these days don't have the sentimental value of their predecessors. Has any car after 1972 become a "collector?" No, even more recent Corvettes. Sure, they may not depreciate quite as much in value but nobody looks at a 1984 Vette to be their garage queen. YMMVjohnebgoode said:I think the value is going to go in the crapper. Lets face it car wasn't in much of a demand. GM didn't feel strong enough about it to do any kind of advertising. Parts are hard to get in a short period of time and there are too many quirks related to this model. Another thought is how long will GM continue to import parts for the car.
It certainly wont be like owning a '66 or '67. My .02 anyway.
bemeyer said:+1. Value on this car will be no different than for the f-body. I think the concept of a "classic" has almost faded. Cars these days don't have the sentimental value of their predecessors. Has any car after 1972 become a "collector?" No, even more recent Corvettes. Sure, they may not depreciate quite as much in value but nobody looks at a 1984 Vette to be their garage queen. YMMV
I hoped my 1996 WS6 Formula would have had a little value over time but I couldn't give it away last year (of course it had 125k on the odometer).
Jeffs386 said:1987 Buick GNX=collector car 1989 Turbo Trans Am=collector car
when I had my 87 GN I remember a bunch of know it alls telling me that the car would never be worth anything and that it would fade into oblivion but theses days I see the low mileage ones selling for over 30K all the time
I can remember the days when Chevelles and Camaros were all over and NOBODY would have predicted that they woould ever be worth anything
I'm glad the GTO never became a cookie cutter car,just because a car sells well does not mean its a great car if so the Toyota Corolla would be a super car instead of the POS it really is