This car is all original and near perfect. It has 32,000 miles. Do you think the value will increase or stay at around $18,000. thanks for your opinion.

 

I think that there are too many variables. Is it a collector edition, is it an lt4, is it a rare color. How much do you plan on driving it. I think there is still a little depreciation left on that car. A decent C4 of any yeareven with 80,000 miles seem to bring at least $8500 in our part of the country.

 

it is a red on red lt4. I have had it for about one year and put about 500 miles on it. I basically bought it because I have always wanted a vette and for an investment. The car will remain super low miles. I am thinking about selling and buying an 06 GTO.

 

Man, I'd keep the Vette. The GTO you refer to is fast but looks pretty common to me. (small car).

If I was going to trade for a Goat, it would be the years 1965 thru 1969. (maybe a Judge)

That's just me though. Good luck with whatever you decide.

 

I agree with rudedog. Keep the vet. your vet will turn alot more heads than the goat. Besides, you probable have one of the best C4's.

 

That's where you made your mistake. These cars (and cars in general) do not make good investments. Matter of fact they are some of the worst resources for investments there are. Look at the prices of C4 ZR1's. Prices are in the tank and do not seem to be seeing any daylight ANY TIME soon if at all. There have been some astronomical prices that owners have got lately on low mile, well optioned Grand Sports (in the 60-80K range sell price). The C4 is considered the bastard of all Corvette models by collectors even though the C4 run had two of the rarest and fastest of all Corvettes ever produced, the Grand Sport and King of the Hill ZR1.The Callaways are considered the creme De la creme of all C4's in terms of collectibility. Below is from another forum that was posted on July 13, 2008:

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I don't dissagee but I thought that the C3 would get a bad rap also since they were the low horsepower Jimmy Carter years. It don't matter to me as I still like my Lt4 C4 and I'm driving the heck out of because it is fun to drive. I do like the C5. Is there any year in particular that stand above the rest of them. I found that after a recent trip to Kentuckey that it would have been nice to have a little more luggage space.

 

If you are investing to make money, sell the car for $18K and buy stock, I'd recommend GM. I bought a ton of it at its low of $9.59 a few weeks ago, but even now, at around $11, it is a bargain: sell it five years from now and you can probably triple your money. But regardless of what stock you buy, or car you would buy and keep, you cannot count on making money or even preserving your money with a car. Any reasonable stock or mutual fund will out earn your 'vette.
It is only the very rare and unpredictable car that realy makes a ton of money. In the early 70s I briefly owned a Ferrari 275GTB. I sold it for $8K (the equivalent of about $50K today) in 1975. Today a good one is worth $1 million+. It was not considered a great Ferrari model back then people actually dissed it as sort of a nothing car go figure. I wish I had not sold it, though, not because I want the $1 million, though. I just miss that car.
On the other hand, you have a really great car now, and if you like cars, I'd keep this one. The best of the C4s, and a really good car all around.

 

I agree...Buying a car for an investment, isn't! There is a difference between collecting cars and buying one as an investment. Value is the result of supply & demand. It's the demand part that can really kill an "investment".

The cool thing about our "hobby" (or passion) - corvettes - is that there is room for everyone..and something for everyone. I was lucky to have a 1967 convert. (way back in 1971). It was a great car, but was lightyears behind my 1990 convert. in most every way.

I like the C4 because it was a big step up in suspension, performance over the C3's, but yet retains the old school front engine/trans setup...I think the lines on the C4 are similar to the 63-67 style, where the C5 & C6 are, "different"...

For the most part the C4 offers a lot of "bang for the buck"..

I would say, enjoy your Vette for what it is, a great car & the only American sports car..

Invest in the market, drive the car!

Oh, don't trade for a.....goat!!!