Interesting Terminator Auction results

Weather Man said:

The clean low mile stock cars will continue separating from higher mile and/or modified cars.

The 90's ZR-1 guys thought they were the cats meow and many were wrapped and salted away, they got their asses handed to them.

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Funny you should say that. A buddy of mine picked a 1992 ZR1 up this February. It has 19k original miles on it, and was a one owner car. The owner had planned on keeping it as an investment.

The original owner paid MSRP, basically $60k back in 1992...and sold it to my buddy with less than 20k miles on it, 26 years later, for $20k haha

I’ve said this a few times now. As soon as banks stop lending on 03/04 cars, their values will crash as not many can pay cash and alternate financing is just too expensive especially as interest rates continue to climb.

I hope the value stays high but simple economics says otherwise. Because of a lack of financing, buyers will Be limited.

Who trades in a Terminator at a dealer anyway?


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13COBRA said:

Funny you should say that. A buddy of mine picked a 1992 ZR1 up this February. It has 19k original miles on it, and was a one owner car. The owner had planned on keeping it as an investment.

The original owner paid MSRP, basically $60k back in 1992...and sold it to my buddy with less than 20k miles on it, 26 years later, for $20k haha

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I always like the Mercury motor in those things.

03 Cobra DSG said:

Who trades in a Terminator at a dealer anyway?

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Plenty of people do not like dealing with Joe Smoe coming to their home. You may not realize as much for the car, but a dealership deal almost guarantee's no shenanigans.

Weather Man said:

Plenty of people do not like dealing with Joe Smoe coming to their home. You may not realize as much for the car, but a dealership deal almost guarantee's no shenanigans.

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And some tax credit.

But. At the end of the day, a buyer will pay for the car he wants at the price it's being sold for. If he wants it.
I've done it.
Probably will again.
KBB, loan value, and any other scale, .. out the window.

COOL COBRA said:

But. At the end of the day, a buyer will pay for the car he wants at the price it's being sold for. If he wants it.
I've done it.
Probably will again.
KBB, loan value, and any other scale, .. out the window.

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Totally agree. However, if the KBB value on these cars begins to shrink, banks won't loan the money to a guy who can't put pay 50% with cash. Cash buyers will win that battle, and that's not necessarily a bad thing. I think that's part of the reason their values have held so well is that the demand and loan availability has been there. I ver well could be wrong though.

Stock up and be ready to pounce. Just put me on the beneficiary list.

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COOL COBRA said:

But. At the end of the day, a buyer will pay for the car he wants at the price it's being sold for. If he wants it.
I've done it.
Probably will again.
KBB, loan value, and any other scale, .. out the window.

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Completely agree with you.

BUT every time NADA, KBB, and loan value decrease, it takes more buyers out of the market. Making it a buyer's market and not a seller's market. Cash becomes king, and prices will trend down.

COOL COBRA said:

But. At the end of the day, a buyer will pay for the car he wants at the price it's being sold for. If he wants it.
I've done it.
Probably will again.
KBB, loan value, and any other scale, .. out the window.

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Exactly. At the end of the day, if the 18 yr old punks, that need daddy to cosign on a loan somehow affect value on the average car scale that car jokers use, no big deal to me. I wouldn't sell mine to someone like that anyway. Those are issues car jokers have to worry about, not me.

c6zhombre said:

Exactly. At the end of the day, if the 18 yr old punks, that need daddy to cosign on a loan somehow affect value on the average car scale that car jokers use, no big deal to me. I wouldn't sell mine to someone like that anyway. Those are issues car jokers have to worry about, not me.

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You have a very bright attitude about life.

COOL COBRA said:

But. At the end of the day, a buyer will pay for the car he wants at the price it's being sold for. If he wants it.

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As my father always told me "There's an ass for every seat."

98 svt said:

As my father always told me "There's an ass for every seat."

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Again I agree with this belief.

But, as time goes on and book values/loan values drop, the asses for these seats, won't be able to buy them.

SID297 said:

I always like the Mercury motor in those things.

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They re making a overhead cam 4v ls7 now. Its like 29k and sold by a streetrod company.

13COBRA said:

You have a very bright attitude about life.

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No, I see things just fine....but I'm not looking thru a car dealers lense. That business has to worry about factors that I don't.....like a car sitting and earning zero. I'm not in the flip business. If I put my car up for sale, I'm more worried about vetting the correct buyer....not how long it takes. I will not sell to just anyone.

cj428mach said:

They re making a overhead cam 4v ls7 now. Its like 29k and sold by a streetrod company.

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Mercury builds that one too:

Mercury Racing Reveals SB4 7.0 Automotive Crate Engine

c6zhombre said:

No, I see things just fine....but I'm not looking thru a car dealers lense. That business has to worry about factors that I don't.....like a car sitting and earning zero. I'm not in the flip business. If I put my car up for sale, I'm more worried about vetting the correct buyer....not how long it takes. I will not sell to just anyone.

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But if you're truly trying to sell something, you would sell to anyone.

Why reduce the number of potential buyers even further? That's not rational.

13COBRA said:

But if you're truly trying to sell something, you would sell to anyone.

Why reduce the number of potential buyers even further? That's not rational.

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No, I would not. Car dealer lens says irrational....I say it's going to the right buyer that's going to appreciate the car the way I have. No little punk is going to get this and wrap it around a tree in a few hours lol. I don't need the money that bad because my livelihood is not related to selling cars. If it was, I would have flipped this car ages ago. Probably would have still regretted it, tho lol

c6zhombre said:

No, I would not. Car dealer lens says irrational....I say it's going to the right buyer that's going to appreciate the car the way I have. No little punk is going to get this and wrap it around a tree in a few hours lol. I don't need the money that bad because my livelihood is not related to selling cars. If it was, I would have flipped this car ages ago. Probably would have still regretted it, tho lol

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Huh. I guess I just don't get emotionally attached to stuff.

13COBRA said:

Huh. I guess I just don't get emotionally attached to stuff.

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That's if it was for sale, which it's not. I think the clean terminators will continue to hold great value as time goes by. I'm not alone in saying the modern muscle car, with all its great technological advantages......they're still land yachts. Boats. Barges. The terminator is a compact, snubby little car, that will look timeless. Pull into a car show, and park next to these boats, these cars will always stand out. And that's before you pop the hood or view the rear exhaust.