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 What do you think it's worth?
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| Author | Topic: What do you think it's worth? |
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YellowFever unregistered Admin Use |
posted 10-30-2002 03:07 PM
   
O.K., fast forward to October 2022. (that makes it 25 years old and an antique) What will a used prowler be worth then? |
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YellowFever unregistered Admin Use |
posted 10-30-2002 03:17 PM
quote: Forgot to mention, I'd say about $45-50K for a decent low mileage completely stock one. |
Wayne Finch       POA Site Supporter Prowler Junkie Personal ScrapBook From:Toronto, Canada |
posted 10-30-2002 03:33 PM
Well, if you assume new car prices rise over the long term at a rate of 5% a year over the next 20 years, that would make a $35,000 car worth about $92,000. Add in a little more appreciation because of the collectibility and I will guess $125,000. That is the good news. The bad news is that $125,000 will be you squat in 20 years. And if the markets keep up there trend of the past few years, the Prowler will make a great investment on a relative basis. If you whine about how much the value of the Prowler is down over the past couple of years, just think, it could have been worse - you could have invested in the NASDAQ This message has been edited by Wayne Finch on 10-30-2002 at 10:47 PM |
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YellowFever unregistered Personal ScrapBook Admin Use |
posted 10-30-2002 05:19 PM
quote: I agree, real estate seems the way to go of late. |
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Todd Cameron unregistered Personal ScrapBook Admin Use |
posted 10-30-2002 07:55 PM
I'd say roughly the cost of a close to new one today... and I'd be shocked to not be able to find, easily, some with low to no miles too. |
CJ              POA Lifetime Site Supporter Prowler Junkie Personal ScrapBook From:Rochester Hills, MI USA |
posted 10-30-2002 11:25 PM
It's only worth something if you sell it.........  |
Marty Usher POA Site Supporter Prowler Junkie From:San Antonio, Texas, United States |
posted 10-31-2002 06:40 AM
quote: Real Estate covers a wide range of potential investment opportunities. Just like some cars will be be worth more than others in the future or certain stocks move against overall market trends; you need to do your homework and research before jumping into a real estate deal. As far as the value of a Prowler in 25 years - just like Mastercard says - "PRICELESS" |
Scotty POA Site Supporter Prowler Junkie From:West Frankfort, Illinois, USA |
posted 10-31-2002 07:15 AM
quote: CJ do you mean ... It's worth more than money can buy. |
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WPG Prowler Junkie From:Orlando, Florida |
posted 10-31-2002 07:25 AM
quote: That is one of the reasons why I keep considering selling my Prowler - to purchase another house or property. My house value has gone up over 15% in the past year and a half. At the rate the home values are increasing and the Prowler prices are decreasing, I could buy another house in the neighborhood, rent it out then sell it in a couple years and then buy one of each color Prowler. Or just continue to reinvest it all. Or spend it all on hookers and cheap alcohol. The options are limitless... limitless I tell you!!! ------------------ • MTD Prowler Intake System 2.2 |
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JCProwler POA Site Supporter Prowler Junkie From:Southern California |
posted 10-31-2002 08:12 AM
Dont worry about it. Tomorrow is not promise to know one. We all bought the Prowler because the way it looks. Theres nothing out there that comes close to it. My kat is priceless...    |
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YellowFever unregistered Admin Use |
posted 10-31-2002 11:00 AM
quote: Wayne, if that were completely true, a 79 big block Trans Am that stickered for $12K would have been worth about $35K in 1999 and today would be worth $40K today. Go back another 10 years with a 69 Camaro Rally or SS and they would be worth about the same thing (if not more for the added 10 years) On average, I don't think either ones prices are anything near that for a cherry car. Also, assuming that line of thought, a $35K new prowler would be worth $36,750 used next year? |
Bob Goetz POA Site Supporter Mr. Real Rod From:Belle Plaine MN USA |
posted 10-31-2002 11:16 AM
Using the same process I do for Corvettes: 1. Corvettes depreciate to about 1/2 of sticker in about 7 years. 2. Divide the depreciation amount by 7 ( $40,000 sticker =$20,000, $20,000 divided by 7 = $2857 a year average) 3. Now that it has hit bottom add the average back each year. I think Prowlers will do the same so: $43000 new, 7 years to depreciate to $21,500 the average is $3071 so a 2000 model year in average condition should be worth $67565. |
ed monahan POA Lifetime Site Supporter Prowler Junkie Personal ScrapBook From:Cincinnati, Oh, USA |
posted 10-31-2002 11:42 AM
I'll be 78 years old and won't care. Wait a minute, I am 58 now and don't care. |
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YellowFever unregistered Personal ScrapBook Admin Use |
posted 10-31-2002 01:46 PM
quote: Bob that may work on really old corvettes but, look at an 84. New $30K (I think more like $35K) divided by 2 = $15K for the seven years. Now divide $15K by 7 = $2143.00 Assuming you don't do anything for the depreciating 7 years that brings us up to 1991. So now add $2143.00 x 11 ($23,573.00) to the bae $15K to get us up to 2002 and a used 84 vette would be worth $38,573.00. A used car dealership has 4 between 84 and 94 and none are above $10K (and 2 are convertibles) Also, your theory assumes full sticker for a Prowler or vette. Right now, new Prowlers are being discounted up to $10K or more. |
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Bob Goetz POA Site Supporter Mr. Real Rod From:Belle Plaine MN USA |
posted 10-31-2002 01:53 PM
Well do you consider a 84 Corvette a collectable car? like the Prowler! try my way on a ZR1 or a Grand Sport. |
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Marty Usher POA Site Supporter Prowler Junkie From:San Antonio, Texas, United States |
posted 10-31-2002 02:40 PM
Had a red (what else)1984 Corvette. Sticker to my recall was about $22K base plus 2 or 3 K for options. NOT a collector's item in my book. Ride was horrible, but damn would that thing corner! Digital dash was one short afetr another. 85's and 86's were vast improvemnet in quality, HP, ride, and reliability. This may reflect in current used car prices for '84s. |
TFischer POA Site Supporter Prowler Junkie From:Texas, USA |
posted 10-31-2002 02:54 PM
I too had an '84 Red Vette. Mine was incredibly reliable and fast enough. Just read an article regarding them a couple of weeks ago. They were over produced that year with the new body style change and basically are a dime a dozen. Will not and have not held their value and never will be considered a collectible car. So said the article. Tami |
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Marty Usher POA Site Supporter Prowler Junkie From:San Antonio, Texas, United States |
posted 10-31-2002 02:58 PM
quote: Tami - I'd suggest we each find our old 84's and race them, but the guy that bought mine from dealer when I traded it in on an '86 got hit by a train trying to beat it to a crossing! It was a sad ending for the car. (luckily the dude lived) |
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TFischer POA Site Supporter Prowler Junkie From:Texas, USA |
posted 10-31-2002 03:02 PM
Hey Marty: Sounds good to me! Almost rolled mine when I hit loose gravel on a very sharp hairpin I was taking way too fast - sold it about a year later and the guy that bought it bought it for his 16 year old daughter for her first car!!!! Couldn't believe it!  Tami |
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YellowFever unregistered Admin Use |
posted 10-31-2002 04:28 PM
quote: Same same, just used the word corvette. Now, what was the sticker on a Zr-1, $50K? $60K? For arguments sake let's pick the lower value of $50K. Half is $25K and that number divided by 7 is $3571.00 Assume a 10 (plus the 7 down) years and you are saying they are going for $60K used now? Hardly. Ones I've seen are in the 20's. A few in the 30's but, not many takers at that price. |
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Todd Cameron unregistered Admin Use |
posted 10-31-2002 06:44 PM
Unless rare and sought after during it's day, a car simply doesn't go up in value... one "problem" our cars might have, even today, few know they exist. Without that crucial knowledge, who is going to know what they are in even TEN years!@ |
Neal & Mary Ann Bardens POA Site Supporter Prowler Junkie From:Lowell Indiana USA |
posted 10-31-2002 06:55 PM
There is three things that will always be priceless to me. My wife, my yellow cat, and my orange cat. In that order (in case she reads this). |
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