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#328818 08/02/02 05:43 PM
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Originally posted by Moonlight Mystique:
Then I'd like to know why my neighbors, and my friends dad's classic cars are worth ALOT of money today? Friends dad has classic Camaros, Corvettes, even a classic Ferarri. The cars are worth more than their whole house put together. My neighbor has classic Fords (Im surprised they have lasted this long) 1963 Galaxie 500, 1913-ish Ford Model something pickup, 1952 Ford Customline, 1964 Chevy Impala, and again, cars alone are worth more than his house. If you say cars are not an investment, you're a moron. Cars go up in value as they get older, more rare. Even if they arent worth as much as youd like, it's a car. A part of your personality. Cars are very important to me. My moms BMW is ALWAYS spotless, inside and out, same goes for my Mystique and my 6000. I put my life, and most of my spare time into these and, I know, my 6000 will be worth ALOT of money when it gets older. All-wheeled drive S/Es are very rare. Only a TOTAL of 1400 AWD 6000s made from 1988 to 1990. The 1988s are worth about 20K right now, because there were only 140 AWD STEs made in 1988. Cars ARE an investment, you put money into them, you get money out. You just have to TAKE CAR of your car, so it lasts long enough to be worth the money smile
No need to call someone a moron. This is the reason why Lance was thinking of dropping the site. The fact is, a regular everyday car (even the limted production ones) are not considered investments. BUT, classic cars are considered investments. Most people buy these and drive only once in a blue moon.

Cars are money pits in general. You buy them for a purpose; to get from point A to point B. That is the service they provide most people. Even auto ethusiasts recognize that they depreciate like he!!.

Heck, my SVT is the biggest money pit ever. Paid in the low 20's brand new and now I can get maybe 10 grand for it if I looked around hard enough. This is hardly an investment. A bank account earning .5% is a better investment than that!!!!

laugh

#328819 08/02/02 05:55 PM
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they just had on TV that a car is one of the best things to invest in, once they hit 20 years old, they go up an average on 10% each year
Moron huh? We'll use your criteria of 20 years old and 10% increase in value every year after that.

According to edmunds.com a 1981 (21 years old)AMC Eagle Station Wagon would go for $378 today... There's your 10%... 10% of the original value... By my count that's a net value of negative 90%...
Youngster

The fact is that a select few cars appreciate in value and for good reason:

1. The owner spends 10 times the cars' value to maintain it

2. The owner spends 10 times the car's value to fully restore a POS.

BTW- I thought you had left CEG?
Hi pot...this is kettle...

EDIT: Your 88 6000 worth $20K? Not exactly. Edmunds.com has a 88 6000 in exceptional condition listed as worth $1,410...

At least try to do some research before you type.


Kharma is very real and she is one mean b!tch.
#328820 08/02/02 06:27 PM
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Quote:
Originally posted by APT:
Quote:
Originally posted by dnewma04:
[b]My vote goes to the question of the day thread from the car audio section. I will post links later.
First one
Second one
Third one [/b]
Thanks for a good solid hour of entertainment at my boring job. shocked Those are some funny chit laugh


[[Justin]]
'98 Silver Frost SVT
#2089/6535
I am made of cheese
My car is in the shop
When I drop the clutch, I get wheel hop
Do not eat me, oh please
#328821 08/02/02 06:27 PM
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To Whom it May Concern:

I have, since my misguided (and misinformed) words were corrected, retracted my previous statements about a certain someone.(We all know who, and if we don't then at least they do.. So.. I ask this... Since I kept my promise, and fulfilled my obligation to keep my word, and correct myself.. will you please leave, like you said you would, as well?

I am only asking that the same grace is given to myself, as I have extended towards you. Thank you for your time.

Ray


Check out my car!! (Profile Registry)

Have a Nextel two-way? check out my registry for my number!

Ray Haralson
Jacksonville, FL
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NEWEST MOD: a BEAUTIFUL girlfriend for my one and only passenger.
#328822 08/02/02 06:41 PM
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Mine's not an 88, I wouldnt be caught dead with a car that old. Also, Edmunds.com dosent factor in the rarity issue. They also dont have AWD as available on the 1988 STEs, like I said, only 140 AWD STEs were made in 1988. Many A-Body enthusiests would pay nearly 20K for a 1988 STE AWD because they are so rare. I was in a parking lot at a grocery store here, sitting in my 6000, and some old guy offered me 10,000 for it on the spot. (No, I didnt take it, this car has memories that are worth MUCH more than money to me...heck, my dog died in the passenger seat!). These 6000s are VERY good cars, theyre MUCH more reliable than ConTiques, have more room, and so on. The one I have is a 1990 S/E AWD model, with 185K miles on it, with the original 3100 V6, original transmission, original everything. The only trouble spot on it is the computer, which has gone 2 times in 5 years. All the digital guages still work, all the power options still work, including the seat heaters. The car is VERY solid, not as solid as my moms BMW, but compare the 6000 and the Mystique, and the Mystique feels tinny. The doors are much heavier on the 6000, the gaps are much smaller, the interior materials are much better. Many of you say that GM has bad quality, but your Ford isnt even 8 years old, and has already died. but my Pontiac is going on 13 years old, and is just as strong as it was when it was brand new.


YOUNGEST CEG MEMBER smile
1995 Mystique LS V6 ATX, Moonlight Blue Clearcoat Metallic, Atlantis blue cloth. Fully loaded except leather, sunroof, and CD.

1990 Pontiac 6000 S/E AWD
Brilliant White with 2-tone Gray leather, fully loaded
#328823 08/02/02 08:08 PM
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Quote:
Originally posted by Moonlight Mystique:
Mine's not an 88, I wouldnt be caught dead with a car that old. Also, Edmunds.com dosent factor in the rarity issue. They also dont have AWD as available on the 1988 STEs, like I said, only 140 AWD STEs were made in 1988. Many A-Body enthusiests would pay nearly 20K for a 1988 STE AWD because they are so rare. I was in a parking lot at a grocery store here, sitting in my 6000, and some old guy offered me 10,000 for it on the spot. (No, I didnt take it, this car has memories that are worth MUCH more than money to me...heck, my dog died in the passenger seat!). These 6000s are VERY good cars, theyre MUCH more reliable than ConTiques, have more room, and so on. The one I have is a 1990 S/E AWD model, with 185K miles on it, with the original 3100 V6, original transmission, original everything. The only trouble spot on it is the computer, which has gone 2 times in 5 years. All the digital guages still work, all the power options still work, including the seat heaters. The car is VERY solid, not as solid as my moms BMW, but compare the 6000 and the Mystique, and the Mystique feels tinny. The doors are much heavier on the 6000, the gaps are much smaller, the interior materials are much better. Many of you say that GM has bad quality, but your Ford isnt even 8 years old, and has already died. but my Pontiac is going on 13 years old, and is just as strong as it was when it was brand new.
Jesus, I hate doing this... I saw you on FC.org and immediately left because of it. Please understand when people who have much more knowledge than you do on a subject tell you that you MIGHT be wrong.

I hate to break this to you, but your (or ANYONE else's, for that matter) Pontiac 6000 S/E AWD is not, and never will be, a collector's item. It is a cult car at best (like the SVT Contour, VW Corrado, among many others). Run down to the local library and grab a basic accounting book. Vehicles are depreciating assets, 99.9% of the time. Take your classic Vette or Camaro or whatever you were prattling on about, take the purchase amount of that car when new and invest it in bonds, real estate, whatever... do the math.

And nobody that I can think of who isn't criminally insane would spend 10 grand on an 88 S/E (oh, sorry, a 90, 'cause you'd never be caught dead in a 14-year-old car; 12 years is your limit)... just not gonna happen. Moderators, sorry for keeping this going, I just have a real problem with little boys who talk a lot and don't follow through on things they say they'll do. Ray, you know what I'm talking about. wink


2000 SVT Contour
Black/Tan, #193/2150

1994 Cavalier V6
almost ready to die
#328824 08/02/02 08:19 PM
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Way to stay on topic guys!

This thread has been gheyed!


P. Valdez

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no mods, no money

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My exhaust smells better than yours.
#328825 08/02/02 08:41 PM
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Quote:
Originally posted by PackRat:
Way to stay on topic guys!

This thread has been gheyed!
My apologies, man... seriously. frown


2000 SVT Contour
Black/Tan, #193/2150

1994 Cavalier V6
almost ready to die
#328826 08/02/02 08:43 PM
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Quote:
Originally posted by PackRat:
Without a doubt, my alltime favorite CEG flame thread will forever be "Moser Gill Blow Me!".

*sniff, sniff* Memories!
Werd! How can anyone forget this? It had to have been the best, guess some of us have been here to long to remember. I wish TLP would post more, he was great.

Quote:

Way to stay on topic guys!

This thread has been gheyed!
Double Werd!


00 Black SVT #1545
Ground Control. Koni. 18" Konig Tantrum. More.
#328827 08/02/02 08:47 PM
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:rolleyes: :rolleyes: old people should be in nursing homes :rolleyes: :rolleyes:


YOUNGEST CEG MEMBER smile
1995 Mystique LS V6 ATX, Moonlight Blue Clearcoat Metallic, Atlantis blue cloth. Fully loaded except leather, sunroof, and CD.

1990 Pontiac 6000 S/E AWD
Brilliant White with 2-tone Gray leather, fully loaded
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