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| Author | Topic: Decisions |
ed monahan                    POA Lifetime Site Supporter Prowler Junkie Personal ScrapBook From:Cincinnati, Oh, USA |
posted 04-03-2001 08:50 PM
    
I have a chance to buy either a Black Tie or a Mulholland at sticker. I am buying it strictly as an investment. Which do you think will hold its value or appreciate the most? I will continue to drive the 99 Red and simply store this one for the long term. What is your opinion? |
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STARFLAME Prowler Junkie From:Greensboro,N.C.,USA |
posted 04-03-2001 09:04 PM
ED, Thats 1 hard CHOICE! The Black Tie was the last Plymouth& The Mulholland is the 1st for Chrysler:GET BOTH,LIVE a LITTLE!!! WAY KOOL!!! STARFLAME |
Dave Mills POA Site Supporter Prowler Junkie Personal ScrapBook From:Johnstown, PA, USA |
posted 04-03-2001 09:12 PM
Ed, I think I would go for the Mulholland. But then, I prefer the Mulholland over the Black Tie. ------------------ |
BeWare POA Site Supporter Prowler Junkie From:Acworth , Georgia , USA |
posted 04-03-2001 09:31 PM
There was an article in the local paper about collectible cars. They speculated that the Plymouth Prowlers would be more collectible than the Chryslers. ------------------ |
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STARFLAME Prowler Junkie From:Greensboro,N.C.,USA |
posted 04-03-2001 09:50 PM
ED, IF CHRYSLER would get BEHIND the KAT:MAGICAL THINGS WOULD BEGIN TO HAPPEN. For Starters a V-8 with a 5spd,350HP or BETTER,ABS Brakes and THE LISTS GO ON AND ON!!! STARFLAME |
2kprwlr Prowler Enthusiast From:Dallas, Texas, USA |
posted 04-03-2001 10:01 PM
I'ld have to say the Mulholland would be the wiser investment. It's the first Chrysler, a new color, etc. The Black tie, though unique, was just a combination of two colors. I like them both, but I think the blue will hold value better. ------------------ |
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ed monahan POA Lifetime Site Supporter Prowler Junkie Personal ScrapBook From:Cincinnati, Oh, USA |
posted 04-03-2001 10:49 PM
Thanks for the input. Keep it coming, I really am interested in everyone's opinion on this, as I am on the fence, somewhat. Starflame, I can't afford one more much less two more. The biggest problem right now is finding a garage and figuring out how much it is going to cost total, including luxury tax, sales tax and interest on a loan, rent for a garage, etc. It might not be worth it. I need to find out what payments are going to be to figure the total cost. Anybody think it is stupid to buy it as an investment? The market doesn't seem to be doing too well. |
Wayne Finch POA Site Supporter Prowler Junkie Personal ScrapBook From:Toronto, Canada |
posted 04-03-2001 11:01 PM
If I were to consider the Prowler as an investment, I would probably wait for a desperate seller. With the collapse of the market, it will soon be a good time to buy. I am also interested in getting another and can't really decide between Woodward, Orange or waiting to see the new color offerings. Markets for cars lag stock markets similar to real estate. While we saw the highs in the stock market 14 months ago, I think we are only a few months past the highs in the car market. Bottom could be this time next year. BUY THE CAR FOR FUN THIS YEAR, GET A YEARS WORTH OF PLEASURE AND TURN IT INTO AN INVESTMENT NEXT YEAR.  ------------------ |
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Daryl Prowler Junkie From:Pittsburgh, PA, USA |
posted 04-03-2001 11:14 PM
Ed, Not to say that buying a Prowler strictly for investment is a bad idea, but I personally feel that more money can be made in other ways. I understand the market isn't doing good right now, but, if history is correct, the market will rise once again. You said you were doing this for the long term and the way I look at it is that stocks are on sale right now. Plus, I'm assuming that you will also be insuring the second Prowler even if you aren't driving it. Just say it costs $500 a year to insure (a pure guess), after 20 years, that's $10k just in insurance that'll you'll need to recover when you sell the car, and you have to factor in inflation. Also, while the Prowler is a low volume car, it is not an extremely RARE car. What if the Prowler never does become a collector car? If you do decide to buy a second Prowler good luck and have fun! But personally, I'd look for an investment somewhere else. |
tangled up in BLUE POA Site Supporter Prowler Junkie From:New Castle, Ind |
posted 04-04-2001 01:10 AM
I certainly don't mean to be a smart a$$, but if you are over 40-50 years old, I seriously doubt you would live long enough to ever get your money back for the purchase price, not counting storage, insurance, maintenance etc...I have dealt in classic cars( MOPAR musclecars/Vettes) for over 25 years and also do alot of appraisals of classics for insurance companies...the Prowler has some things in its favor as far as being collectable, it is relatively limited production at this point in time, but 10,000 or so cars is still a lot of cars....all the years the 426 HEMI was produced, there were less than 10,000 total cars made with that engine....go to any large car show and a HEMI of some sort is there, and these cars are 30-35 years old and were raced to death....lack of performance will also hinder the future of the cars appreciation...granted, there has never been anything quite like the Prowler to this point, there is also a distinct possibility another car may come along and be even more striking than the Prowler...who knows at this time....don't invest in a Prowler to make $$$, invest in it for fun....my personal opinion is if you got the car for free today, stored, maintained, insured etc for 20 years, you might still have a hard time breaking even on the deal, not counting what the money invested could have made elsewhere....look thru Hemmings Motor News and get an idea of what collectable cars from 20 years or so ago are bringing today....to me, rare cars are not cars that 10,000 copies were made of...I have owned cars that were the first, last, and only of their breed...this is rare, not a Prowler.....guarantee you in 20 years you can look thru Hemmings and find a good selection of NEW Prowlers for sale...too many have been stored instead of driven....BUT, if you must, go the Black Tie...it is a far smaller production number and has a more distinct paint scheme and is numbered...last Plymouth, first Chrysler, will make no difference in a few years.............the best investment you can make in life is fun and family...either buy one and drive the wheels off it, or invest in other securities etc....just a few numbers to consider(these may be off a few digits)....69 Dodge Daytona/393....70 superbird/1983.....78 Vette Pace car/6500...69 Z28/19,000....69 Hurst Olds/906...70 Challenger T/A /2399....70 AAR Cuda/2755....71 Cuda conv/293...hope these ideas help you in your decision..... ------------------ |
Andy R POA Site Supporter Prowler Junkie From:Cincinnati, OH |
posted 04-04-2001 08:14 AM
Hey Ed, what about a Doublepark or other brand lift. 2 Prowlers should be able to fit in a normal garage I would think. $3500 cheaper than building a new garage or even renting. Could do your own underneath work too! About the color. What about waiting a few months and see what the new color is going to be. Electric lime green would be sweet!! Andy ------------------ |
PaulR POA Site Supporter Prowler Junkie From:Dallas,Tx., USA |
posted 04-04-2001 11:42 AM
Hi Ed- How's Sandy??? I saw that Greg Sellards here in the Dallas area was selling his Black Tie for 45K, but had a lot of mods made to it that he was throwing in at that price. I know the cat and it was treated very very well. Just a thought! Black Tie all the way! Oh yea, this car was #009 Black Tie!!! ------------------ |
butchcee POA Site Supporter Prowler Junkie From:Lake Ariel, Pa. |
posted 04-04-2001 12:26 PM
I say the Black Tie for production #s. If not driven, it would be covered under house insurance-no? Gotta agree that the market would be a better $ getter IF you can get the right picks. Wanna buy some of my stocks? Give you a deal-10% under my cost-I hear they're gonna FLY next year!  ------------------ |
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CoolRich Prowler Junkie From:Perris, CA |
posted 04-04-2001 01:34 PM
I don't believe the Black Tie was the last Plymouth. That would be the Orange. Correct? But either way, I think the Black Tie has some class. I would probably lean that way myself. I have also been thinking about a Mulholland since my other Prowler is black, And I wanted a little more variety sitting in my garage. ------------------
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GPS John POA Site Supporter Prowler Junkie From:Illinois |
posted 04-04-2001 01:48 PM
Ed, buy cars to drive. Buy stocks, bonds, etc. as Investments. As mentioned above, when you figure storage and interest and insurance costs - as well as maintenance - (after all, this is a machine you are buying, and it needs fluids and exercise) you lose value, and that's assuming the Prowler will hold up in value. Look at some of the early Vipers for a comparison. Some people paid dearly for an early car, some people speculated and never drove the car either. Now those cars might fetch MSRP if the window sticker is still on the car with zero miles. Take the money you'd invest on the second Prowler and just stick it in a passbook savings account with 2% interest and you'll be better off on the "investment" end than you would if you bought the car. Take the money you'd spend and buy some quality stocks, and in a couple years you might be able to buy TWO "investment grade" Prowlers. Now if you value looking at your money and waxing it, that's another story entirely. Just my thoughts. Butchee, you ask "If not driven, it would be covered under house insurance-no? " NOPE, nice try, but that's why insurance companies sell auto insurance. To them it's just a car without coverage. On the other hand, storage insurance is extremely cheap. (Maybe $30/six monthes...) Good luck either way Ed, but do what makes you happiest. ------------------ |
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ed monahan POA Lifetime Site Supporter Prowler Junkie Personal ScrapBook From:Cincinnati, Oh, USA |
posted 04-05-2001 09:50 PM
Thanks to everyone who responded. You guys actually swayed my decision. Tangled up in Blue made the best point, there are a ton of Prowlers that are not driven, and that led me to the fact that there are almost 2000 that have never been sold/ or titled. Are the dealers stashing them or where are they? I decided to pass. I like the Mulholland a lot. That may be the best color, even better than the red that I own. Paul, Sandy is doing fine. She was just notified she won the Florence Nightingale award and is going to receive it on April 25th. There were 350 nurses nominated and she is one of the winners (I don't know how many winners there are at this point). The facility she works at was given national Accreditation last Friday and they were nominated to receive the Facility of the Year Award by the people who were inspecting them. She got reclassified to a higher pay grade yesterday and her daughter got an award for the best cheerleader at her high school this evening. So, she is doing great. The only negative in her life is she is still stuck with me. Thanks for asking about her and giving me the opportunity to brag. |
CJ POA Lifetime Site Supporter Prowler Junkie Personal ScrapBook From:Rochester Hills, MI USA |
posted 04-05-2001 09:55 PM
Coolrich.......you are correct.....orange are the last Plymouths....Mike K has the very LAST Plymouth Prowler Ed, please tell Sandy congratulations......sounds like she has had a terrific week!!! ------------------ |
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GPS John POA Site Supporter Prowler Junkie From:Illinois |
posted 04-05-2001 10:42 PM
Ed, Wise choice you made. Give my congrats to Sandy. Who knows, maybe she can get rid of that last "negative" in her life soon too... LOL By the way, if Mike K has the last Plymouth Prowler, doesn't he also have the Last Plymouth too? WOW !!! ------------------ |
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STARFLAME Prowler Junkie From:Greensboro,N.C.,USA |
posted 04-05-2001 10:58 PM
ED, I think WE call them SITTING ON THEM,There is 1 dealer near Me that has a BLACK 99 for $43,000.00,only 500 MILES!!! STARFLAME |
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ed monahan POA Lifetime Site Supporter Prowler Junkie Personal ScrapBook From:Cincinnati, Oh, USA |
posted 04-05-2001 11:52 PM
They recently changed my medication and I told Sandy I felt like a new man and she responded, "So do I". I guess that could be construed as bad news, huh. |
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STARFLAME Prowler Junkie From:Greensboro,N.C.,USA |
posted 04-06-2001 05:28 AM
ED,COULD BE!!! STARFLAME |
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PaulR POA Site Supporter Prowler Junkie From:Dallas,Tx., USA |
posted 04-06-2001 09:06 AM
Ed- Please send our best regards to Sandy and a BIG HUG! She desreves any award for putting up with our crazt fetishes. See you at Woodward!  ------------------ |
ALLEY CAT POA Lifetime Site Supporter Prowler Junkie From:mesa, az, USA |
posted 04-06-2001 09:13 AM
Sandy - There is still hope for you. Make a clean getaway NOW! Congrats on being #1 Ed - untie her............. ------------------ |
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BKG Prowler Junkie From:Montville NJ |
posted 04-06-2001 09:55 AM
As much as we all would like to see tons of money returned to us when we sell our Prowlers, i doubt very much that any of us, (lest he "stole" the car from someone who was in bad straights)will come up winners here. The only way to my mind that we could get a huge return is if DC had produced 1000 cars and thats all!! Of course that can't happen and i would bet that they will keep making these cars as long as there is demand, and will probably go way over the original concept of "Limited Edition" American auto manufacturers think of one thing only and that is BOTTOM LINE on the cars they produce So drive it, and enjoy it, thats what its there for!! |
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Todd Cameron unregistered Admin Use |
posted 04-08-2001 11:39 AM
Yep... the only investment in regards to a Prowler is how much fun your getting out of your Kat(s). Ed... if you really want an investment... you simply buy something for less then what it's worth and re sell it. This can be a house, car, bike, truck, tools, anything you can get cheap and re sell. If you do this right, making 30% a year on your money is easy, and many make 100-500%! NEVER EVER buy something new and simply hold it hoping the value goes up. Generally, it does not, and not being able to use the money in other areas, plus inflation, plus costs of having the item, always means a loss in the end. Even getting a really good deal on something and waiting years to sell it often translates into a loss in the end. The idea is buy it, and sell is FAST at a profit, minimizing your costs of owning it. Better to have a fast nickel today then a slow dime tomorrow, and remember, tomorrow never comes, but everyday is today. ------------------ |
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