...did some quick searches on the Web only to discover that Shelbys appear to hold their value better after years of use than Corvettes. This also appeared be true on the highly regarded Hagerty Index.
Here's some examples....
Shelby:
https://www.hemmings.com/classifieds/cars-for-sale/shelby?page=3
Corvette:
https://www.hemmings.com/classifieds/cars-for-sale
...am I Right i this regard?
Do Shelbys hold their value over time better than the Corvettes?
What do you think?
Opinions/comments most welcome.
Quote from: JOE on February 21, 2024, 08:23:01 PM...did some quick searches on the Web only to discover that Shelbys appear to hold their value better after years of use than Corvettes. This also appeared be true on the highly regarded Hagerty Index.
Here's some examples....
Shelby:
https://www.hemmings.com/classifieds/cars-for-sale/shelby?page=3
Corvette:
https://www.hemmings.com/classifieds/cars-for-sale
...am I Right i this regard?
Do Shelbys hold their value over time better than the Corvettes?
What do you think?
Opinions/comments most welcome.
You dont know what you're talking about as usual, josephine. It would be more accurate to compare MUSTANGS vs Corvettes.
A 2020 Shelby GT 500 would be more comparable to a 2019 ZO6 vette at the very LEAST and possibly a ZR1. Even then, they are very different cars. A GT500 Shelby cant keep up with either a ZO6 or a ZR1 on a road course. Hell, a GT500 cant even keep up with my ZLE Camaro on a shorter road course and is only able to stay in front on a very high speed course like VIR. Even at VIR, a ZLE Camaro is up the GT500's ass at every corner.
Quote from: Lokmar on February 21, 2024, 08:47:35 PMYou dont know what you're talking about as usual, josephine. It would be more accurate to compare MUSTANGS vs Corvettes.
A 2020 Shelby GT 500 would be more comparable to a 2019 ZO6 vette at the very LEAST and possibly a ZR1. Even then, they are very different cars. A GT500 Shelby cant keep up with either a ZO6 or a ZR1 on a road course. Hell, a GT500 cant even keep up with my ZLE Camaro on a shorter road course and is only able to stay in front on a very high speed course like VIR. Even at VIR, a ZLE Camaro is up the GT500's ass at every corner.
...but still, the Shelby appears to have better re-sale value...Lokmar.
I've seen some vintage Shelby's listed for over $700,000 US. That's like $1 million Canadian or Australian.
Even those late models run minimum $60,000.
Meanwhile, Corvettes from similar years only fetch $30,000 or less.
Quote from: JOE on February 21, 2024, 08:50:45 PM...but still, the Shelby appears to have better re-sale value...Lokmar.
I've seen some vintage Shelby's listed for over $700,000 US. That's like $1 million Canadian or Australian.
Even those late models run minimum $60,000.
Meanwhile, Corvettes from similar years only fetch $30,000 or less.
Wow, you simply refuse to listen, dipshit.
Low end Mustangs sell for $1500 while low end corvettes sell for $20,000.
Compare your $700K shelby to these:
https://www.motortrend.com/news/1971-chevy-corvette-zr2-454-big-block-mecum-auctions/
Look Lokmar:
https://www.iseecars.com/compare/ford-shelby_gt500-vs-chevrolet-corvette
a side to side comparison between 2014 Shelby vs a 2014 Corvette.
2014 Shelby Used Asking Price: $46,250 - $75,100
2014 Corvette Used Asking Price: $36,105 - $52,996
So quite obviously, the depreciation of a Corvette is greater over time vs the Shelby, eh?
If a person sees the car as an investment, they'd sure lose a lotta money over time with a Corvette
From Senile Joe's link:
Chevrolet Corvette Rankings
Luxury Hatchbacks with the Most Horsepower
Ranking
1 out of 25
Best American Luxury Coupes
Ranking
1 out of 4
Best American Luxury 2-seater Cars
Ranking
1 out of 4
Best American Luxury Sports Cars
Ranking
1 out of 4
Best American Luxury Hatchbacks
Ranking
1 out of 3
Luxury Sports Cars with the Most Horsepower
Ranking
2 out of 40
Luxury Coupes with the Most Horsepower
Ranking
2 out of 33
Luxury Hatchbacks with Best Resale Value
Ranking
2 out of 25
Luxury 2-seater Cars with the Most Horsepower
Ranking
2 out of 20
Most Comfortable Luxury 2-seater Cars
Ranking
2 out of 20
Luxury Coupes with Best Resale Value
Ranking
3 out of 33
Most Comfortable Luxury Hatchbacks
Ranking
3 out of 25
Best Luxury 2-seater Cars
Ranking
3 out of 20
Luxury 2-seater Cars with Best Resale Value
Ranking
4 out of 20
Most Affordable Luxury 2-seater Cars
Ranking
4 out of 14
Luxury Sports Cars with Best Resale Value
Ranking
5 out of 40
Best Luxury Coupes
Ranking
5 out of 33
Best Luxury Hatchbacks
Ranking
5 out of 25
The four that should really stand out for Senile Joe:
Luxury Hatchbacks with Best Resale Value
Ranking
2 out of 25
Luxury Coupes with Best Resale Value
Ranking
3 out of 33
Luxury 2-seater Cars with Best Resale Value
Ranking
4 out of 20
Luxury Sports Cars with Best Resale Value
Ranking
5 out of 40
Not that I give a shit about resale value, but I know Senile Joe does, and this information shows that the Corvette is ranked pretty high for resale value.
This thread has really backfired on you, Senile Joe.
You dumb cunt.
I dug deeper into the price stats on the HAGERTY INDEX and this is what I saw for 10 year old Shelby & Corvette vehicles:
2014 SHELBY
https://www.hagerty.com/valuation-tools/search?q=2014+Ford+Shelby+GT500+Coupe
2014 Ford Mustang Shelby GT500: $47,400
2014 Ford Mustang Shelby GT500 Super Snake (2dr Coupe): $60,200
2014 Ford Mustang Shelby GT500 Super Snake (2dr Convertible): $76,600
2014 CORVETTE
https://www.hagerty.com/valuation-tools/search?q=2014+Chevrolet+Corvette
2014 Chevrolet Corvette Stingray (2dr Coupe): $37,000
2014 Chevrolet Corvette Stingray (2dr Convertible) $38,100
I suspect the Hagerty Index is regarded as a reliable source & an Industry Standard for providing reliable stats on late model vehicles?
How much can I get for a 1974 Pinto?
Quote from: JOE on February 22, 2024, 01:52:43 AMLook Lokmar:
https://www.iseecars.com/compare/ford-shelby_gt500-vs-chevrolet-corvette
a side to side comparison between 2014 Shelby vs a 2014 Corvette.
2014 Shelby Used Asking Price: $46,250 - $75,100
2014 Corvette Used Asking Price: $36,105 - $52,996
So quite obviously, the depreciation of a Corvette is greater over time vs the Shelby, eh?
If a person sees the car as an investment, they'd sure lose a lotta money over time with a Corvette
You stupid dickhead. :facepalm:
Quote from: JOE on February 22, 2024, 07:09:02 AMI dug deeper into the price stats on the HAGERTY INDEX and this is what I saw for 10 year old Shelby & Corvette vehicles:
2014 SHELBY
https://www.hagerty.com/valuation-tools/search?q=2014+Ford+Shelby+GT500+Coupe
2014 Ford Mustang Shelby GT500: $47,400
2014 Ford Mustang Shelby GT500 Super Snake (2dr Coupe): $60,200
2014 Ford Mustang Shelby GT500 Super Snake (2dr Convertible): $76,600
2014 CORVETTE
https://www.hagerty.com/valuation-tools/search?q=2014+Chevrolet+Corvette
2014 Chevrolet Corvette Stingray (2dr Coupe): $37,000
2014 Chevrolet Corvette Stingray (2dr Convertible) $38,100
I suspect the Hagerty Index is regarded as a reliable source & an Industry Standard for providing reliable stats on late model vehicles?
You retarded buttfucker! :facepalm:
You should be comparing a Super Snake which is NOT A FORD PRODUCT to a Hennesey or Callaway Corvette WHICH IS NOT A GM PRODUCT.
The Shelby GT500 is a top tier Ford Product with licensing from Shelby. You have to compare that to the top tier Corvette product which I think would be the ZO6, NOT the fuking Stink-Ray, ya fukin imbecile!
Beta men like you should never embarrass yourselves by talking about cars.
Next, josephine will compare the value of a base V6 Challenger to a Shelby GT500!
Senile Joe is jealous of my car.
It is pretty obvious.
(https://i.imgur.com/BI1oUhf.jpg)
Quote from: TheProwler on February 22, 2024, 05:56:50 PMSenile Joe is jealous of my car.
It is pretty obvious.
(https://i.imgur.com/BI1oUhf.jpg)
josephine doesnt even have any car knowledge so he doesnt even know WTF to be jelly about! Sounds like he was raised by a buncha damned women!
Quote from: Lokmar on February 22, 2024, 08:23:11 PMjosephine doesnt even have any car knowledge so he doesnt even know WTF to be jelly about! Sounds like he was raised by a buncha damned women!
You know, the more you impart your car knowledge, the more I realize I wouldn't buy cars like TheProwler has done.
His way is the dumb way. Buy some overpriced claptrap off an equally overpriced car lot.
However, your approach seems kinda smart - which is taking underpriced cars...and fixin' em up. I know somebody like that who bought a used vintage Mustang for $15,000 US and put another $10,000 into it and esssentially got himself a new vintage car worth more than that. In fact, currently worth much more than Prowler's 2023 Corvette.
So if I was gonna spend $100,000, it'd be like on 3 vintage cars with a lot of potential, and then fix them up. Keep one or 2 and sell the ones I don't want.
Like it or not, cars are investment.
You can buy dumb or you can buy smart.
However, I'd rather buy smart.
Get more for less.
As my good friend cc used ta say, "Buy Low, sell High"
And this applies to cars as well....Lokmar!
And it applies to coins, collectibles, antiques, whatever.
Quote from: JOE on February 22, 2024, 09:37:11 PMYou know, the more you impart your car knowledge, the more I realize I wouldn't buy cars like TheProwler has done.
His way is the dumb way. Buy some overpriced claptrap off an equally overpriced car lot.
However, your approach seems kinda smart - which is taking underpriced cars...and fixin' em up. I know somebody like that who bought a used vintage Mustang for $15,000 US and put another $10,000 into it and esssentially got himself a new vintage car worth more than that. In fact, currently worth much more than Prowler's 2023 Corvette.
So if I was gonna spend $100,000, it'd be like on 3 vintage cars with a lot of potential, and then fix them up. Keep one or 2 and sell the ones I don't want.
Like it or not, cars are investment.
You can buy dumb or you can buy smart.
However, I'd rather buy smart.
Get more for less.
As my good friend cc used ta say, "Buy Low, sell High"
And this applies to cars as well....Lokmar!
And it applies to coins, collectibles, antiques, whatever.
We sold labor. We didnt buy and sell cars.
josephine, if you want to know something about cars, ASK. Your dumb ass hate for Prowler doesnt make you car smart, in fact, its made you look ignorant. His C8 will retain an above average resale value.
My ZLE will go down as I race it but it will always be worth a shitload of money, even if I put 100K miles on it. Why? Because it's universally recognized as one of the best value factory race cars EVER produced ANYWHERE.
If I were really gung ho about investing in cars I'd also consider taking a course or program in auto service technician at a local community college.
However cars don't really interest me that much.
While I like the appearance of vintage cars I'm also aware there's another dimension to servicing them. And if a person doesn't know what they are getting themselves into they can be a real money pit as I've known people who owned much lesser cars who spent a fortune on them.
Still something such as a 1957 Corvette does look tempting. Saw one advertised the other day asking $60,000.
And yes something like that would be an investment and not a plaything. I wouldn't throw money around like that without expecting a return on my investment (ROI). Having driven limousines I know how costly vehicles are to maintain and operate.
Ideally I'd put a car like that ta work for movie or advertising shoot rentals. I know there's a market for that sort of thing because I once drove a cadillac stretch limousine to the TV set of the Good Doctor which they used in one if their productions.
Quote from: TheProwler on February 22, 2024, 05:56:50 PMSenile Joe is jealous of my car.
It is pretty obvious.
(https://i.imgur.com/BI1oUhf.jpg)
In all truth I would be envious if you owned this car Prowler
(https://www.admcars.com/galleria_images/779/779_main_l.jpg)
..and it would impress more people than the current model you own.
However your late model car doesn't interest me whatsoever.
For starters it's way too common & not terribly unique nor desireable.
Additionally, not only will it continue to depreciate in value, it will eventually be worth less than that vintage '57 Corvette, which likely will continue to appreciate.
Furthermore I couldn't make any money off of a late model/recent car.
But it's quite conceivable that movie studios or advertisers would be interested in renting a vintage car such as a 1957 Corvette & paying top dollar for it.
While its true that eventually, a 57 Corvette will be one of the higher valued Corvettes, it will NEVER be worth what a 2019 ZR1 is, no way, no how. BTW, you actually want the 58 Corvette with the 2X4brl carbs. It has more chrome and the 2 X 4brl carbs is a highly desirable option.
Now there's wanting to own an old C1 (first generation) Corvette and actually buying and driving one. They drive like shit, have shitty drum brakes, a giant ass steering wheel, the seating position sucks, the seats are terribly small, and you have to tune them up at least twice per year. The cool factor is the ONLY thing they have going for them! IMO, the C2 67 vette with the 427 4spd is a way better car and they drive pretty decent. Out of all the pre 1982 vettes, the 67 is my personal choice.
If I was buying a vette today, I'd get a C7 or C8 ZO6 with the ZO7 package. Either are monster track cars and will retain their value forever.
Quote from: JOE on February 22, 2024, 09:37:11 PMLike it or not, cars are investment.
Not for me.
Quote from: JOE on February 22, 2024, 09:37:11 PMHowever, I'd rather buy smart.
The simple facts are that I have managed my finances to be in the position to spend ~$110,000 on a car, knowing that I can easily afford it, and you have mismanaged your finances so badly that the thought of spending $110K on a car is not even realistic.
It is funny. My wife was saying that she might want to buy a new electric car...the Polestar 2. I think we are talking $70-80K. It is kinda silly, but since I sold my Z28, we do have an extra spot in the garage to keep our Jeep Grand Cherokee and my C8 company....
Quote from: JOE on February 22, 2024, 11:27:46 PMIn all truth I would be envious if you owned this car Prowler
(https://www.admcars.com/galleria_images/779/779_main_l.jpg)
..and it would impress more people than the current model you own.
However your late model car doesn't interest me whatsoever.
For starters it's way too common & not terribly unique nor desireable.
Additionally, not only will it continue to depreciate in value, it will eventually be worth less than that vintage '57 Corvette, which likely will continue to appreciate.
Furthermore I couldn't make any money off of a late model/recent car.
But it's quite conceivable that movie studios or advertisers would be interested in renting a vintage car such as a 1957 Corvette & paying top dollar for it.
I can buy one of those cars anytime I want.
Can you?
That is the sad thing.
I wanted a car that cost $110K and so I bought it.
Senile Joe want's a car that cost $60K but he cannot afford it.
Maybe you should have planned your life better, Senile Joe. You dumb cunt.
Quote from: TheProwler on February 23, 2024, 01:14:59 AMI can buy one of those cars anytime I want.
Can you?
Yes. I can.
However, it is not one of my priorities at the moment.
Quote from: TheProwler on February 23, 2024, 01:14:59 AMI wanted a car that cost $110K and so I bought it.
So what? you foolishly blew money on something which is worth less than what you paid for it. Any fool can throw away their money like that.
And as the newer models arrive, your car will fall even further in value.
Here is what your car will likely be listed at in 1 year or 2.This is a 2021 Corvette:
https://www.autotrader.ca/a/chevrolet/corvette/surrey/british%20columbia/5_58638696_bs200421111428/?showcpo=ShowCpo&ncse=no&ursrc=ts&pc=V7V%203N6&sprx=100
...Under $100,000. And will someone pay you $110,000 if you choose to sell your car in a year or 2, Prowler? No probably not.
They might offer you 90,000 or even 80,000.
So you would lose upwards of $30,000 of value after just 2 years of use. And you'll lose even more if you wait longer than that - even if you left it in the garage for 3 more years and don't add any more mileage on it.
Quote from: TheProwler on February 23, 2024, 01:14:59 AMSenile Joe want's a car that cost $60K but he cannot afford it.
As I've oft remarked to you, most cars are a depreciating asset.
and sinking as much money like you did will prove to be shortsighted as the car technology is rapidly changing. Your gas guzzler will soon be a dinosaur in the near future. Paying $100,000 for a brand new car these days is foolish because it'll end up either in the junkyard or some car lot of some shady used car salesman in 10.
Given this reality, I would try to spend as little on a car because it will be obsolete tomorrow.
And I don't need a car to vent my anger or frustrations like you do Prowler. Anyone who needs to drive anyone in the ground at your age is emotionally stunted and seriously needs to grow up.
Unlike you, the truly rich I meet in my city buy cars for style and comfort.
You know Prowler, you ought to follow Biggie Smiles example with his Audi. His is more a step in the right direction of someone who is trying to impress others or has 'made it'.
Hey josephine, you know that fukin vette gets nearly as good gas mileage as my 1.5 liter small SUV?
Quote from: JOE on February 23, 2024, 02:26:13 AMHis is more a step in the right direction of someone who is trying to impress others or has 'made it'.
That is it, right there.That is why me buying a C8 Corvette bothers Senile Joe so much.
He is worried about it being a "Status Symbol".
He is worried that it might
impress people.
That is the furthest thing from my mind, Senile Joe.
The Corvette is
great fun to drive. And it is
great fun to be a passenger in it too. That is why I take it out for pleasure drives. That is why I offer rides to friends and family. Because it is fun
fun fun!!!Telling people in an online forum that you just bought a nice car or just went on a nice vacation or just got a great job or anything else that is positive can really expose the character of some people.
Some people are happy for you. Some people do not care about it. Some people probably feel a little jealous but are polite about it.
And a few people are disgusting assholes who cannot control their jealousy and have to try to tear down the person who is telling people about something that makes them happy.It is funny that you mentioned Joo Dog because he has exposed your type of jealous people when he talked about his 5000 square foot mansion with an Olympic sized swimming pool. It obviously went over your head.
You oblivious fucktard!!!You dumb cunt!!!!!
Quote from: Lokmar on February 23, 2024, 01:34:39 PMHey josephine, you know that fukin vette gets nearly as good gas mileage as my 1.5 liter small SUV?
Dude, when I drive it nicely on the highway...stay at about 65-70mph...it just stays in V4 mode and sips the gasoline. Our 2019 Jeep Grand Cherokee (mid-size SUV) cannot come close to getting the same mileage.
Quote from: TheProwler on February 23, 2024, 05:11:14 PMDude, when I drive it nicely on the highway...stay at about 65-70mph...it just stays in V4 mode and sips the gasoline. Our 2019 Jeep Grand Cherokee (mid-size SUV) cannot come close to getting the same mileage.
LOL! You know, josephine is the type of asshole to tell you to sell or never buy the C8 ITFP while I'm the asshole that would tell you go buy the C8 ZO6 with the ZO7 package!!!