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 any ideas-diminished value (Page 1)
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| Author | Topic: any ideas-diminished value |
catfish               POA Site Supporter Prowler Junkie From:scottsdale,az,usa |
posted 05-06-2003 10:25 AM
    
since my 99 no longer has a matching numbers engine,and i am suing dealer,how much diminished value is that worth. ------------------ |
FL Blue Kat POA Site Supporter Prowler Junkie From:Zellwood, FL |
posted 05-06-2003 10:57 AM
Jan -- JMHO but comparing older corvettes with NOM or number matching engine I would appear to be 1/3 to 1/2 the value of the car.
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cnote6      POA Site Supporter Prowler Junkie Personal ScrapBook From:Dallas, TX |
posted 05-06-2003 11:01 AM
Jan Did you see a friend of mine? |
tangled up in BLUE POA Site Supporter Prowler Junkie From:New Castle, Ind |
posted 05-06-2003 12:37 PM
Jan... ...diminished value may be a little hard to prove, just because the numbers don't match....on older cars it is of a great concern and can GREATLY influence the value of the vehicle.....on a new/newer car...it's value is really just that of a used car....to an enthusiast/collector it's value may be hurt by a small percentage, but if you traded the car in to a dealer it would be worth the same regardless of the numbers, and they in turn would sell it as such...in 10-20 years, the numbers could start to be a problem, but I wouldn't really worry about that part of it right now.....I have dealt in classic MOPARS and Vettes for almost 30 years and still do appraisals occasionally....but again, all this is just my opinion.... |
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catfish POA Site Supporter Prowler Junkie From:scottsdale,az,usa |
posted 05-06-2003 01:11 PM
blue,these cars no longer being produced,in 20 yrs should all be worth much more.at least lets hope so.in that case lets say they are, and mine goes thru a classic auction,but does not havin matching#s.by todays standards,especially from barrett jackson.matching #s are important.wouldnt that make it worth less.not havining matching numbers. ------------------ |
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YellowFever unregistered Admin Use |
posted 05-06-2003 02:03 PM
quote: Perhaps, but, you are speculating on what might happen twenty years from now and the fact that the prowler would considered a collectible. You can get dimished value on the car possibly (in todays market) but, I doubt any judge will side with you on what it may/may not be worth 20-30-40 years from now. I might also add that most cars with matching numbers that bring high dollar are completely stock. A modified car (no matter how nicely done) will also bring less. Good Luck. This message has been edited by YellowFever on 05-06-2003 at 02:05 PM |
ALLEY CAT POA Lifetime Site Supporter Prowler Junkie From:mesa, az, USA |
posted 05-06-2003 02:43 PM
Jan - within 10 years,,,you will have had your cat wrapped around a tree or pole by then. Don't let that concern you now, just enjoy the ride. JMO |
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tangled up in BLUE POA Site Supporter Prowler Junkie From:New Castle, Ind |
posted 05-06-2003 06:21 PM
Jan... ....yes, I agree in 10 to 20 years it could make a difference....most probably will make a big difference.....but to get diminished value now for a speculative investment would be hard to prove......I still believe if the car were sitting on the lot at Joe Sportcoats dealership, it would still be worth as much today with or without matching numbers in todays market...of all the current price guides published I know of, there is NO designation for matching numbers, at least on newer cars....not really sure if there is anything in print even on the classics .... understand your concern and if you keep the car long enough you may very well have a very legitimate gripe....but I think you are going to find it very rough to convince a dealership or an attorney of this now....if you still have the original block, it would be well worth holding onto if you plan to keep the car long term....have no idea how old you are, but my advice is to drive the crap outta the car and you will be far happier than worrying about a few digits stamped in a hunk of aluminum.....hope you live long enough to wear out several more engines  again...this is all just my opinion......I have lots of them about lots of topics |
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Duane Curto Prowler Junkie From:Canyon Lake TX 78133 USA |
posted 05-06-2003 08:45 PM
Jan, I don't think they have number's matching engine blocks like they used to. Remember, these are "corporate" engine families now. Not specific to the VIN. Duane |
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dbickel Prowler Enthusiast From:Charleston, S.C. |
posted 05-06-2003 09:06 PM
I would think having BMW grilles on the side panels would cause more diminished value than having the engine replaced. My 2 cents. |
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FL Blue Kat POA Site Supporter Prowler Junkie From:Zellwood, FL |
posted 05-07-2003 05:56 AM
If it's really a problem you are concerned about in the future you could always sell it now and get a new one while they are still available. Just a thought. |
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sam771 unregistered Admin Use |
posted 05-07-2003 07:50 AM
Jan, Your car was modified not original. Why you worry about the future values? Just enjoy drive it hard, like you passed me on the Hwy 91. |
Black Tie 161 POA Site Supporter Prowler Junkie From:MD, USA |
posted 05-07-2003 07:59 AM
Mike K. definitely has a reason to value the cars as collector's pieces.... Although there are only 163 Black Ties made, that does not mean I have to preserve it as stock and worry about future value. The car is worth much more to me with the mods...and on the road. I believe a well maintained non-stock car will be far more valuable than a beaten stock Prowler. ------------------ |
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FL Blue Kat POA Site Supporter Prowler Junkie From:Zellwood, FL |
posted 05-07-2003 08:40 AM
quote: What about the stock Prowler that is as well taken care of, or even better taken care of, than the Prowler with many mods? I belive the stock Prowler will hold a price far, far better than the modified Prowler. As for me, I intended to keep all the stock parts just in case I sell someday (highly unlikely) and the new owner wants to restore the car to stock. Just my 2 cents worth. ------------------ |
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catfish POA Site Supporter Prowler Junkie From:scottsdale,az,usa |
posted 05-07-2003 10:33 AM
how about this,a nonstock real shelby cobra at bj auction sold for 40.000 more than a stk.one.thanks for all your input.interesting.being in the collision business,diminished value is starting to show up,some companies will pay it, many wont.in the future it will probably be a common thing,especially on current and newer model cars.alley cat,the only way ,i would wrap it around a tree is, i was pushig you at 130mph.and lost it because you wouldnt get out of the way.always remember purple is faster than silver.like that cadillac commercial, when you get going fast enough and the body gets hot purple changes to silver.silver changes to white,maybe thats why there is only one white one that i know of.d.bickel,you probably bought a prowler because you had to make up for the mistake of buying a yellow pontiac aztec before that. ------------------ This message has been edited by jan bruggeman on 05-07-2003 at 10:49 AM |
fred2 Prowler Enthusiast From:Daytona Beach florida USA |
posted 05-07-2003 11:20 AM
10 to 20 years? Man thats a long time. The world may not still be here. You and I may not be here. Live for today! |
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YellowFever unregistered Admin Use |
posted 05-07-2003 12:56 PM
quote: Not knowing any of the variables with the above, it's hard to challenge. Were the mods done by Shelby? By a restoration company? 40K more then what original one? Just because a car is original (but, a real beater of a rust bucket) doesn't mean it will always get more money. Although in some cases, depending on the model and rarity, even that is possible. What most, including myself, were refering to was that 25 years from now, two like prowlers with roughly the same miles and condition, the unmodified one will bring more. Look at any older car where there was a good amount of them around to restore (50's vette's, etc.) Those completely stock are worth alot more then one with mods and fiberglass work. Doesn't mean the modified ones won't sell or look nice but, most collectors want a fully stock car. |
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Black Tie 161 POA Site Supporter Prowler Junkie From:MD, USA |
posted 05-07-2003 01:12 PM
I understand Mike K.'s museum concept and preserving the history of the Prowler. But I feel he does it for all of us so WE can drive the hell out of our Prowlers knowing that Mike will have a pristine example of each car. I also understand super rich people collecting cars like candy bars, like Jay Leno or Seinfeld, where they are actually trying to preserve some models for posterity. But a Joe six-pack like me....It's my only car and I'm gonna drive it! I'm going to mod it as I wish and not worry about resale value 20 years from now....Cause I'll still hopefully be alive and still driving it....That's if it doesn't fall apart once it goes out of warranty.... |
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catfish POA Site Supporter Prowler Junkie From:scottsdale,az,usa |
posted 05-07-2003 03:33 PM
black tie, im a six pack also, i live in the ghetto,so i could buy this car.i agree w/all of the above.yes the shelby by no means was a beater.very nice car lots of chrome on engine .as we all know 100.000 invested in a hot rods, dont always get that money back.ill take a prowler anytime.we have alot of expensive hot rods in this area.just about all of them ,stick their nose up at prowler owners,alley cat can attest to that.if they only knew how much better a prowler is ,they might change their mind ------------------ |
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YellowFever unregistered Admin Use |
posted 05-07-2003 03:56 PM
quote: LOL! I see you are using my broker too Seriously though, no one has a crystal ball and can say one way or another what these things might/might not be worth or even if anyone would want to collect them 25 years from now. Best advise is to enjoy and use it and if it makes you a buck or two (if you sell it) 25 years from now, that's just icing on the cake. |
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sam771 unregistered Admin Use |
posted 05-07-2003 08:24 PM
Look at the average ages of the Prowler owners, 15-20 years from now, how many of hem can drive? Just enjoy it when you can and don't worry about the values. |
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sam771 unregistered Admin Use |
posted 05-07-2003 08:52 PM
Just have a good time as this picture.
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YellowFever unregistered Admin Use |
posted 05-07-2003 09:18 PM
quote: Three guys not speaking to each other????? |
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ALLEY CAT POA Lifetime Site Supporter Prowler Junkie From:mesa, az, USA |
posted 05-07-2003 10:35 PM
Pictured above, from the left: Jim "XBones" Stallings - So-Cal POA - flamed, silver cat Jan "Catfish" Bruggeman - Az POA - purple cat Steve "Moon Eyes" Faint Picture taken April, '03 at Steve and Debbie's house in Las Vegas Thought you people would like to have a name to go with the faces! |
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Black Tie 161 POA Site Supporter Prowler Junkie From:MD, USA |
posted 05-08-2003 07:42 AM
LOL Jan! The snobbism I have personally experienced or seen..... Hot Rodders snubbing the Prowler. But now, as I drive my Prowler I laugh when I pass BMW's and Vettes as I look over and they have this wierd open mouth gape as they look at the car.... |
(C'mon people, admit it...this car has more unique defects and problems than any other car I've seen)
- Nevada POA - red catThis topic is 2 pages long: 1 2 All times are CT (US) Top of Page Previous Page | Return to General Prowler Discussion next newest topic | next oldest topic |
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