Unrestored Gsx Qq

59LeSabre · Dec 23, 2005

JR Wills said:

A LOT of these people are in the " We may not own them LONG, BUT we'll own them 1st catagory.'
With Creative Financing, leasing , etc some of these people (if Not Most) are on plans with HUGH Balloon Payments. Cars will go back prior to the Balloon hitting them in the face.
A lot of Collector Cars are being bought that way as well, OR are being Leased through Companies like Putnam or others. Hagerty was looking at a program last year about Financing some of the Vehicles they had Insured, but in a Reverse manner.
Owner has the car, but it is bought, or has a long term Loan put on it to free up cash flow. The Collateral is the Car & Insurance Policy. Should something happen to the "Owner" Vehicle goes to the Lender,and put in a Museum, or something similar for Future "Postarity."
Depending on the car, and market, you CAN profit from some of the New Cars.
The GTO & Ford GT are 2 that recently come to mind, but AGAIN, You have to know When to get out. Cars were going above Sticker, and waiting list, positions were being sold for profit for the 1st 3-6 months.(both are being Discounted now)
As for the Muscle Cars.there are A FEW Changing hands at the Top pricing, NOT ALL, and That includes the Hemi Cars.
A Specific Road Runner has been being followed for the past 2 years, as have
a few other cars. I CAN'T verify if it HAS been sold, even at the "NO RESERVE"
Auctions, or if the "Sale" is a way Appraise or Inflate the Value.
This is one of those times where "Don't Believe Everything You See or THINK You See."
JR
Click to expand...

The most important thing to remember reguarding elite muscle cars is this: Whether quality muscle continues to be worth more and more each year or not is not the point here. Even if muscle car values plumit to the gas embargo days of the mid 70's, I would still rather bang gears in an unrestored GSX with rusty 1/4's flapping in the breeze than to be caught and identified driving a $130,000 Mercedes. So even if you do have a $100,000 getting that unrestored GSX mechanicaly fit to hit the road, and next year it's worth $10,000 there is no amount of money you can put on the feeling of driving one of the best muscle cars ever produced! As for the guy in the Mercedes, may I suggest wearing a bag over his head while he drives it and loses money!!!!!! :rant:

nitrousfish · Dec 24, 2005

Ride Home

I came home in a 1970 Mark Donahue Javelin and I still turned out ok :laugh: ...fish

Tom Miller · Dec 24, 2005

I'm not o.k., never have been, never will be

I came home in a 67 GS400 4spd :3gears:
As I grew up, old picture's and stories did me in, the Buick sickness set-in :TU:

farmer!boy · Dec 30, 2005

This car sat around 28 years and look how bad a shape it got, the engine sat torn down that long also in the same garage. Makes you wonder what engine looks like since no pictures of it were posted. farmer!boy

1972 Stage 1 · Jul 18, 2006

What ever happened to this car?

Does anbody know who ended up with this car? I was curious if it ever sold, and who ended up with it. Is it being restored? Thanks.

DICE21 · Jul 19, 2006

GSX Stage 1 unrestored

Hey guys.......After fielding more offers than i care to go into I took the car out of the market.......Huge sellers remorse........The car is carefully tucked away in my fathers barn.......Washed waxed and oiled underneath. The motor is sitting right next to it all the parts and stuff are cataloged and someday I will either restore or sell if the price seems right.......FYI I really did receive legitimate offers on the car with 95.000 being the highest.......NO BS. Most will think I'm crazy unless you knew that at 19 years old I parted out a yenko camaro to purchase my first corvette(1977).......50 or so corvettes later and I still miss my yenko......The GSX is the closest thing to what I had....That's why the remorse.......It's not the money it's the thrill of stomping your foot in the pedal and feeling the front end raise.............well most know the rest......Thanks for listening!!!!!!

Speedy · Jul 20, 2006

Ahhhhhh, the old "I'm gonna fix-er up someday" deal. I have heard that one before a few times!

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Unrestored Gsx Qq

59LeSabre Well-Known Member

nitrousfish Dave Fisher

Tom Miller Old car enthusiast

farmer!boy Well-Known Member

1972 Stage 1 Well-Known Member

DICE21 GSX STAGE1 owner

Speedy Well-Known Member

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