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Old 05-11-2015, 09:59 PM   #29
vividracing
 
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Join Date: May 2012
Drives: 2013 Scion FR-S
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Quote:
Originally Posted by humfrz View Post
Well, it's hard to tell .....

I remember, back in the day (about 1953/54), my uncle owned a Chevrolet dealership. He had this white, 1953 Corvette, with red interior, sitting all alone on his lot.

He couldn't "give them away", ..... so he said.

My father wouldn't have any part of the little, plastic, cobbled together car.

Yep, it was a small, light, nimble, rear wheel drive, underpowered car.

The one below was sold by Barrett-Jackson last year for $660,000.

Just sayen .....


humfrz
And why does such a car have such a great selling price? More than just rarity, it's desirability. What I think contributes to the value of a collector car is how many cars in that same line have been sold after it. You look at Corvette, and it didn't really do that well its first years in production (like the BRZ/FRS). They didn't make many of them either!

First year was only 300, second year only 3,640. 700 in '55, 3,467 in '56, and it increased to about 14,500 in '62. How many Corvettes are sold these days? About 40,000 a year. Multiply that by the decades before, and you got a million of em or so. You have lots of people with Corvettes which means you have a lot of fans, and even if only 1% are fanatical enough to buy a later model Corvette or a classic, that's still a thousand of em, then you include general car collectors who see the value of RARITY multiplied by decades, and you have a very rare car that drives up the price.

The BRZ can see the same thing too I think, depends on if it keeps going for another 20-30 years. Like I said in my first post, my car is only one of about 180 examples ever made, and one of just 129 for 2013. The first model year Corvette was 300 made.

You hear about how old Camaros from the same year selling for $50,000 vs $500,000 in auction. What's the difference? Rarity. Options, dealer added limited editions, etc. A BRZ with 6000 cars made in 2013 doesn't seem rare, but the options (Limited, Automatic, Galaxy Blue), can make it valuable. A Silver, White, or Black Premium BRZ in Manual is the most common.
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