#201  
Old 01-04-2018, 12:26 PM
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...but they're also saying to buy the 2004-2006 GTOs. I don't see those ever being valuable. They weren't popular when they were new.
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Originally Posted by J GLASGO View Post
Wtf??? Those will never be investment material.
Agreed!!

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Old 01-04-2018, 02:07 PM
SD455DJ SD455DJ is offline
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Crap! I knew I should have waited before I bought my 71 Formula a few years ago..!!! Now I can get it for half price since they are worthless. Bob, I'll give you $500 for your worthless 2nd gen...its a good deal these days...according to Hagerty.

Dennis

  #203  
Old 01-04-2018, 02:32 PM
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Wtf??? Those will never be investment material.
That's what the old guys said when the F-bodies first came out.....Only 1/2 of a frame...and plastic dash/interior.....They will NEVER be worth anything...


Last edited by Green Hornet; 01-04-2018 at 02:59 PM.
  #204  
Old 01-04-2018, 02:57 PM
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https://www.hagerty.com/articles-vid...-buy-sell-hold
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  #205  
Old 01-04-2018, 02:57 PM
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Hagerty says: "At least in the near term, they appear to be about as valuable as they’re going to get".

Not quite "worthless".

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  #206  
Old 01-04-2018, 03:01 PM
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Originally Posted by bird72 View Post
Hagerty says: "At least in the near term, they appear to be about as valuable as they’re going to get".

Not quite "worthless".
Interesting......What do they have to say about 69 Camaro's and Chevelles?

  #207  
Old 01-04-2018, 03:14 PM
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Originally Posted by blue71ta View Post
...but they're also saying to buy the 2004-2006 GTOs. I don't see those ever being valuable. They weren't popular when they were new.
Like Formulas ?

  #208  
Old 01-04-2018, 08:03 PM
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Like Formulas ?
Just adding to your comment

Early Trans Ams weren't popular when new. The low production of the first few years wasn't because Pontiac only wanted to make a limited number.

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Old 01-04-2018, 10:01 PM
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I tend to think Hagerty's predictions will be accurate for both the 2nd gen birds and the '04-'06 GTOs.

But my old cars are my hobby, not part of my retirement savings strategy. So I don't really care if they're not going to keep appreciating

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  #210  
Old 01-05-2018, 07:39 AM
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So, recapping...

71-72 TA value today?

Lots of opinions...

I saw a guy on Facebook fishing a 71 TA LB/4 speed low mile survivor. Lots of FB opinions on value...over 160 comments on that cars value.

Anyone here have insight as values are now stable or falling....

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  #211  
Old 01-05-2018, 08:04 AM
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As with the entire market at the moment, I think there are fewer buyers so demand will fall and for those sellers who want their car to be the next one to sell, prices will fall.

There are far more buyers for a 20k car than there are for a 50k car. Above that you have to have a love for it to buy/restore.

A REALLY nice loaded up 73 TA in very clean driver condition sold privately this week for 20k because the owner didn't have the time to work on it and complete the projects he had started on it. There are probably a lot of these cars out there just waiting for their owners to make that decision.

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  #212  
Old 01-05-2018, 08:36 AM
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Originally Posted by Judge273 View Post
So, recapping...

71-72 TA value today?

Lots of opinions...

I saw a guy on Facebook fishing a 71 TA LB/4 speed low mile survivor. Lots of FB opinions on value...over 160 comments on that cars value.

Anyone here have insight as values are now stable or falling....
That's just it, lots of opinions.

One thing for sure, legit survivor cars are a pretty hot item right now. If they are certified, well preserved, and score high in legends judging etc...they'll bring a premium, but you need the docs to back that up. Just putting something on ebay and saying it's a survivor won't get it done. Putting a value on anything is way too difficult to do with too many variables that come into play. It's what ever the market will bear at the time. Lots of private sales aren't documented so we mainly rely on auction houses. And even that is a roller coaster ride because the quality of the cars can change drastically. You really have to be there in person to inspect the cars, then keep tabs on their prices as they go across the block if you want any real perspective. You can have 2 identical cars that sell $40,000 apart from each other. From my experience that is usually due to things like, documentation, original drivetrain, quality of the work performed, etc... Because one thing is for certain, people will pay a high premium for a legit muscle car with docs, certifications, and restored correctly to a concour level.

I haven't seen values falling lately, matter of fact, last couple years it seems they have been creeping up a bit.

  #213  
Old 01-05-2018, 11:07 AM
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Originally Posted by keith k View Post

But my old cars are my hobby, not part of my retirement savings strategy. So I don't really care if they're not going to keep appreciating
Yes, true, I hope they all tank so I can load up!

  #214  
Old 01-05-2018, 11:37 AM
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Quote:
Originally Posted by Judge273 View Post
So, recapping...

71-72 TA value today?

Lots of opinions...

I saw a guy on Facebook fishing a 71 TA LB/4 speed low mile survivor. Lots of FB opinions on value...over 160 comments on that cars value.

Anyone here have insight as values are now stable or falling....
yeah, he now says his wife told him to quit pumping the sale, she ordered that the car is NOT FOR SALE. Smart lady.
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  #215  
Old 01-05-2018, 01:43 PM
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'72 I just picked up..

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1973 Formula SD455 - #'s auto orig paint
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1967 GTO - 4 speed orig paint 35k orig miles
  #216  
Old 01-05-2018, 02:10 PM
PurelyGTO68 PurelyGTO68 is offline
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Originally Posted by blue71ta View Post
...but they're also saying to buy the 2004-2006 GTOs. I don't see those ever being valuable. They weren't popular when they were new.
There are many examples of cars that are very collectible now yet we're unpopular when new. 57 Chevrolet and the Plymouth Super bird come to mind.

I think the 04-06 GTOs were desired when new but many in that group we're not able to afford to buy one. The demographic that could afford a GTO at that time also had several other choices so sales were tough. It seems like the market has bottomed out and now values are creeping upwards for nice examples. Gen Xers like myself would likely be interested in low mile unmodified well cared for cars. Millennials would likely be interested in cars that have upgraded suspensions and hp increases. The dual demand is helping to keep prices stable at the moment.

Even so, I would stop short of recommending that an investor aquire one in hopes of making a nice profit. I think it will be quite a while before the 04-06 GTOs enjoy premium collectible status, if ever. It would be a shame if these cars were hoarded up and locked away in a garage. If you have one, enjoy it.....they are great fun to drive. If you have never driven one...I would recommend a test drive. You might be pleasantly surprised.

For those that aren't familiar...
The 04 model has the 350 HP LS1 5.7 liter engine, smooth hood and dual exhaust on the same side of the car. There just wasn't enough time for Pontiac and Holden to design/build the hood scoops and modify the exhaust or time to Americanize the body styling. There was something called SAP, which is the Sport Appearance Package but it wasn't available until very late in the 04 model run or possibly early in the 05 year. It could be purchased as a complete kit or individual components....all dealer installed.

The 05-06 had the upgraded LS2 engines with 400 HP, split dual exhaust, improved brakes and hood scoops. 18" wheels were also available and quite rare today.

Currently the 05-06 models are more in demand vs the 04 for the reasons listed above. Cars with the SAP package are priced well above models without. In the future, the 04 models that might be interesting are any with blue interior or the cars with the Bobcat package.

I really enjoy my 05 GTO but I am not saving it for the next guy. I drive it often and enjoy the heck out of it. As far as collectability goes....that is the next owner's problem.

Sent from my XT1585 using Tapatalk

  #217  
Old 01-05-2018, 07:19 PM
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Originally Posted by 71GP76TA View Post
'72 I just picked up..

Attachment 471716
Looks good. I think I see the plastic valance. Looks like a pre 1/72 judging by the clear turn signals.

  #218  
Old 01-06-2018, 03:38 AM
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Could you post a few more pics on your new purchase? Was it widely for sale (advertised) or purchased thru personal channels?

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  #219  
Old 01-06-2018, 07:59 AM
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Originally Posted by starlightblack View Post
Yes, true, I hope they all tank so I can load up!
I've said the same thing for years. I think if you are buying cars as an investment, you are a fool. I figure all my cars are worthless, as I don't plan on ever selling one. Someday they will have a value when I'm in the ground.

  #220  
Old 01-06-2018, 12:14 PM
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Originally Posted by necdb3 View Post
Looks good. I think I see the plastic valance. Looks like a pre 1/72 judging by the clear turn signals.
So that's when the clear signals turned amber? I knew it was somewhere in 72, but I never knew it was that early.

Good info!

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