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re: Is Carvana about to go belly up?

Posted on 11/19/22 at 12:46 pm to
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 11/19/22 at 12:46 pm to
quote:

What do you have?


That’s a nice car. Wise move keeping the original stock parts. A lot of people don’t realize how important that is.

I have a ‘77 Toyota FJ-40 Landcruiser, ‘86 Buick Grand National and an ‘88 Jaguar XJS. I may put the ‘62 Chevy C10 stepside pickup up for sale, but haven’t made a firm decision on that one yet. I’d kinda like to keep something that I can take to car shows and rod runs. Luckily I was able to sell a couple of others earlier in the year before the market softened.

Good luck with the ZR-1. That’s the one that put Corvette back on the map.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40139 posts
Posted on 11/19/22 at 1:08 pm to
quote:

I'm wondering if this will have a sobering effect on the price of collectable cars. Some have skyrocketed in values over the last three years.



Haven't reviewed the entire market, but the few models I follow have either continued to climb or have roughly maintained after the past 4ish years of run up.


Man I wish I had bought a 997.1 GT3 for like 90k 3 years ago...
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 11/19/22 at 1:31 pm to
quote:

Man I wish I had bought a 997.1 GT3 for like 90k 3 years ago..


IMO, the ultimate track day car. What are those going for now compared to a few years ago?
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40139 posts
Posted on 11/19/22 at 2:42 pm to
130k for a driver.

150k for well documented and low mileage cars.

I think they will hold their value better than nearly all other "modern collectibles" but not entirely sure how much more room they have to go in this environment.


I can't imagine what they will go for in 20 years. No one will ever make a car quite like that again. The last semi-analog era cars from the late 90s to the mid/late 2000s are going to do very well. A lot of character and engagement but without the "danger" and relative lack of comfort that you get with more vintage cars.
Posted by achenator
Member since Oct 2014
3239 posts
Posted on 11/19/22 at 2:55 pm to
quote:

130k for a driver.

150k for well documented and low mileage cars.

I think they will hold their value better than nearly all other "modern collectibles" but not entirely sure how much more room they have to go in this environment.


I can't imagine what they will go for in 20 years. No one will ever make a car quite like that again. The last semi-analog era cars from the late 90s to the mid/late 2000s are going to do very well. A lot of character and engagement but without the "danger" and relative lack of comfort that you get with more vintage cars.

my buddy has a 997.2 RS and I have a 991.2. My car is faster no doubt but his is a complete animal. I can't believe how heavy the clutch is in that car.
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