mikejkd
05-07-2005, 05:13 PM
Do you guys think it hurts resale value with IRS and not a factory front end?
Ralph LoGrasso
05-07-2005, 05:45 PM
I'd say if the rest of the car is as modified as the suspension, and all the modifications were performed right, and with excellent craftsmanship, it will not hurt resale. Atleast not for someone who's looking to buy a pro-touring car. Someone looking for a chalk mark resto, probably wouldn't want an aftermarket front clip and IRS, though. It all depends on finding the right buyer. There have been several highly modified pro-touring cars sell for $60K and up these past few months.
My $.02
4MuscleMachines
05-07-2005, 08:13 PM
IMO, having bought and sold muscle cars for about 24 years and decent PT cars for about 5yrs, it will when you consider a car with oem rear and an OEM front subframe will appreciate much faster. Aftermarket products are always evolving and changing. Factory parts remain exactly that....factory. Oem parts continue to rise in market value every year, thus your oem car should rise with value every year. Used aftermarket parts do not.
LowBuckX
05-07-2005, 10:16 PM
Are you building for you or to sell?
mikejkd
05-08-2005, 04:18 AM
building for me but just wanted to hear what people were going to say. I plan on never selling the car anyway. That way I will never say "should have kept that car" like I always hear from my father. I have had the car for 15 years so it is part of the garage now.
ProdigyCustoms
05-08-2005, 05:12 AM
I have a friend that restores stuff stock and thinks I ruin them every time I modify anything. Value wise, I believe customs, well done customs including Pro Touring customs, are worth decent money when they are fresh and current. If you want out, there is no better time then when it is fresh, winning some shows, getting ink and other press, Stilow, Troy, Boyd, know this well. Steve just bought and sold fresh cars, Shay's car is another, Tony's car is now for sale. Don't be surprised if michaels puts prodigy for sale as he may rahter have his own house! All these cars will ring bells today, but in reality will depreciate as they are eclipsed by new fresh hit of the week rides.
With all that said, I think you stand a very good chance of losing money if you buy a restored 69 Z28 today for $50k - $60k for a nothing special Z with no cross ram, jl8, etc. It is my personal opinion that this crazy market has a bit of irrational exuberance in it, and it may quickly become a buyers market again, as it did in the mid 90s. I got hung with a ton of big dollar inventory that pulled back in value from 89 to 95. At one point, much like today, we were able to pay retail, mark it up 20% and turn it in no time. Then all of a sudden they pulled back. Don't be surprised if it happens again, with no come back like this one.
How much could a 69 Z28 be worth anyway. They made 20,000 of them, and there are sure to be 40,000 of them restored now considering all the pieces you can buy to make a correct bogus car.
It is very cool though that customs are in favor now. It used to be if you had a car pro built, for every $100 you invested, you would be lucky to see $20. Now, you can see 80%?
So long story short, if you are worried about value, buy a savings bond.
Steve68
05-08-2005, 06:08 AM
Why does the name Rick come to mind ??????????