Market Price What is the bottom
 

It looks like the C4 1984-1988 market have hit the bottom.Have we reachedthe price point where investor's will began to buy up the the desired option vehicles (Z51/FE7/FG3/MM4/.....etc), or will there continue to be more deterioration in there value. You would think...like the stock market.......there is a support level.

Our local Corvette bone yard goes through 5 1986 C4 vettes a month...meaning there are fewer to be had. Seeing that there are boneyards across the country, I figure 250 1986 corvettes are being dismantled each month....equaling 3000 a year or more.Since only 35,109Corvettes were built in 1986,Ifigure less than25%are still in existance.From my research, dismantling and selling the parts of a C4 can bring up to 15,000 (average more like $8500)

12,821 Z51vettes were produced in 1986, if only 25% are left, that would mean about 3200 are survivors...Half automatics and half manual 4spds.

RE: Market Price What is the bottom
 

ive studyed this subject myself and and went through the same delimma with the mustangs,
in 1972 the average price of a 65 horse was about 300.00 and it wasnt untill 1982 that they demoed out enough of them to get the price going the other way.
in 1984 the corvette had the most radical makeover in corvette history and it wasnt untill the later years of the c4 that people got used to the fact that this is what a corvette looks like ,than the 5 hit and addedthe curves back which people liked degradeing the c4 even more. i believe the c4 has pretty much run the course and in the next 24 months youl wish you bought a dozen of them.

RE: Market Price What is the bottom
 

I completely agree with this thread!!! Completely. I follow the market very closely, albeit I haven't compiled numbers or stats like 86 Ironhead here has... but even just watching the prices/options/condition on the open market, I believe with all my heart that the bottom has been found and the prices are about to start rising. When you think of buying what was a $50k "world class sports car" today for around $10-$20k it brings a huge smile to my face. As the numbers decrease, the price must increase. Supply and demand.

I think with all this being said, we oughta really be careful with ours, to ensure that we don't end up in that list of stats. Great thread, I am so glad to see that I'm not the only one who thinks this is the case...

RE: Market Price What is the bottom
 

ironhead where r these vette boneyards and how do i contact them there r none where i live and outside of ebay i dont know of any do you have email addys for these places?

RE: Market Price What is the bottom
 

Bill, if I told you all my good spots, they'd not be good anymore. I will tell you 20th Street Auto in Phoenix runs through alot of vettes every month. Not much you can't find.

Here, I'll make it easy on you:D:
www.20thstreetauto.com/