A thought....
I was just reading yet another stolen ITR thread and I thought to myself, will type rs ever start appreciating in value, ie. become classics? I'm also assuming that the DC5rs will never get here too (in large quantities). Will we see them selling for more as there becomes less??? There is no right answer here, I'm just bored as **** at work.
If you've got a low mileage, clean titled R they will be worth lots of money if you just hold on to them. There was a guy who sold a 97 with like 700 mi or something rediculous like that and he wanted 35k. Just a thought.
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Dave_B »</TD></TR><TR><TD CLASS="quote">There was a guy who sold a 97 with like 700 mi or something rediculous like that and he wanted 35k. </TD></TR></TABLE>
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Dave_B »</TD></TR><TR><TD CLASS="quote">If you've got a low mileage, clean titled R they will be worth lots of money if you just hold on to them. There was a guy who sold a 97 with like 700 mi or something ridiculous like that and he wanted 35k. Just a thought.</TD></TR></TABLE>
I think as time goes on they will become more of a classic regardless of the miles. As long as everything is in good shape they should still hold there value. Of course the lower the miles the more you will get, but a high mileage well maintained R is worth just as much or more than a low mileage.
This is in years, nothing soon. Just like old camaro's, chevelles, nova's, mustang's, these cars pending on condition after a certain time will only rise in value. I don't think we'll ever see a R go for over 50k stock like the Shelby's, but they'll be decent. The only way I'm getting rid of mine is it being totaled(accident) beyond repair.
I think as time goes on they will become more of a classic regardless of the miles. As long as everything is in good shape they should still hold there value. Of course the lower the miles the more you will get, but a high mileage well maintained R is worth just as much or more than a low mileage.
This is in years, nothing soon. Just like old camaro's, chevelles, nova's, mustang's, these cars pending on condition after a certain time will only rise in value. I don't think we'll ever see a R go for over 50k stock like the Shelby's, but they'll be decent. The only way I'm getting rid of mine is it being totaled(accident) beyond repair.
When I was getting a loan for my 97 R about three months ago I spoke of the rarity of this car to the loan officer and she said she found the 97 R in her classic car buyers guide and gave me the classic car interest rate which was lower than the 97 used car interest rate. I asked her if I could look through her used car buyers guides which she receives every other month. In the January 05 issue the 97 R was listed at $13,200 and in March 05 is was listed at $14,250. As the new R's become more rare and older i'm sure they will start to do the same if they haven't already.
Of course we pay more than this for a clean titled, low mileage 97 R like it did. But the book value is rising which is great.
Of course we pay more than this for a clean titled, low mileage 97 R like it did. But the book value is rising which is great.
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Swell_Ryder »</TD></TR><TR><TD CLASS="quote">When I was getting a loan for my 97 R about three months ago I spoke of the rarity of this car to the loan officer and she said she found the 97 R in her classic car buyers guide and gave me the classic car interest rate which was lower than the 97 used car interest rate. I asked her if I could look through her used car buyers guides which she receives every other month. In the January 05 issue the 97 R was listed at $13,200 and in March 05 is was listed at $14,250. As the new R's become more rare and older i'm sure they will start to do the same if they haven't already.
</TD></TR></TABLE>
Good post...so it makes good sense to hang on to your R from the sounds of things so far. I would never sell it anyways, but it's nice to know that it is an investment too.
</TD></TR></TABLE>Good post...so it makes good sense to hang on to your R from the sounds of things so far. I would never sell it anyways, but it's nice to know that it is an investment too.
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kinda out of topic here but where did you get that pic in ur icon... looks like a car that my buddy bought from ny and got stolen right before it was going to get shipped to him.
Mine??? I grabbed it off some website. It was a car displayed at some show. It's what I want my ITR to look like one day. Ya I'm a big copier I admit it.
If your really sure it's the one your talking about, I'll try to find the website for ya.
If your really sure it's the one your talking about, I'll try to find the website for ya.
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Dave_B »</TD></TR><TR><TD CLASS="quote">If you've got a low mileage, clean titled R they will be worth lots of money if you just hold on to them. There was a guy who sold a 97 with like 700 mi or something rediculous like that and he wanted 35k. Just a thought.</TD></TR></TABLE>
yea i saw that one. it just sat in storage for ever. one owner, 700 or so miles. beatiful.
yea i saw that one. it just sat in storage for ever. one owner, 700 or so miles. beatiful.
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c0wvin
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Jun 26, 2003 11:04 AM



