Prices creeping upward?

[dcarrb]

Of the six SVXs within 300 miles of me on Autotrader, one '92 at 70,000 miles is listed for $9000 (claret with backward rims), another '92 with no photo and 94,000 miles is tagged at $6500. There's a '97 with 80k asking eleven-four.

Then there's the usual Bondo & primer special at $1200...

Maybe values have bottomed-out and are on the upswing?

dcb

[PDSides]

Interesting observation, but I fear it to be a "last man standing" kind of thing with the few remaining low-mileage cars bringing higher prices. Simple law of supply and demand. Take Mattingly's car for instance, 28K miles, a '96 model and in pristine condition. Fifteen-grand is lots of money for an SVX, but tell me where you are going to find one in that condition at any price? Cars like the SVX tend to have a small cult following and as time (and miles) go by, they tend to separate into two distinct price groups, dirt cheap and sky high, with few between. I haven't looked lately, but somewhere out there is a high priced pristine Yugo just waiting for some Yugo-groupie to come along with the cash. I hope you are right and that prices do rise to reflect the quality and unique nature of the SVX, that combination of factors we call VALUE.
Preston

[mikecg]

I'm told there was a 94 in the local paper for $2400

[Uncamitzi]

And there won't really be a collectors market until we are down to the last 15 -20 cars...

[TomsSVX]

mine will be there... No matter what

Tom

[SVXRide]

ditto
-Bill

[Phast SVX]

i think you can plan on atleast 100 of us keeping our cars come hell or high water.

[Earthworm]

Originally Posted by Phast SVX

i think you can plan on atleast 100 of us keeping our cars come hell or high water.

And plan on one of us keeping at least 100 cars come hell or high water

[GreenMarine]

Originally Posted by Phast SVX

i think you can plan on atleast 100 of us keeping our cars come hell or high water.

I'm one of them

[lhopp77]

It is hard to judge prices and values by looking at newspaper ads or AutoTrader as those are asking prices and not selling. The only real measure we seem to have is Ebay and those selling prices appear to be slightly down from my observation. Of course that is a little difficult to measure also because most of the cars lately have had some problems.

I do agree that low mileage cars will tend to at least hold their own if not go up.

Lee

[shotgunslade]

But, does it really matter, a few hundred or maybe even a thousand dollars more in dollar value. So, you could sell your 94 with 90,000 miles and buy a five year old Honda Accord also with 90,000 miles. I have maybe $16,000 in mine, including purchase price, 5MT, coil-overs, brakes, Stage 2v5, exhaust, etc., and 87,000 miles. I figure it has be $20,000 worth of fun, at least, probably more. So, I don't really care if it is worth $5,000 or $15,000, it's mine, and I'm driving it until it dies or I do.

[Earthworm]

Originally Posted by shotgunslade

But, does it really matter

It DOES matter if for some reason something happens to your car and your insurance company only wants to give you $500 for it.

I agree though that I'll never sell mine while still in running condition!

[The Goat]

In all sincerity, I feel that the eventual collectible market will come from Japan.

[SomethingElse]

My kids will make out when they liquidate both of my svx after I take a dirt nap. Just imagine how hard it will be to get one in 30-40 years. Think im gonna start stocking up...

[lhopp77]

Originally Posted by SomethingElse

My kids will make out when they liquidate both of my svx after I take a dirt nap. Just imagine how hard it will be to get one in 30-40 years. Think im gonna start stocking up...

Now just why would anyone in their right mind "stock up" on these cars????

Lee