So should I save up for.....

Discussion in 'OT Driven' started by Dolan, Sep 7, 2007.

  1. Dolan

    Dolan OT Supporter

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    1.) A new(er) LS2 GTO, probably do a little engine work.

    or

    2.) A restored 1968 or 1969 Camaro, either with some engine work, or a built crate engine, and a modern sound system.

    Keep in mind I'm talking daily driver.
     
  2. Mr.Right

    Mr.Right N2O

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    a 67-69 camaro will only go up in price. but i wouldn't want to daily drive it
     
  3. E-dub

    E-dub New Member

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    Been there done that. GTO will be far better for you.
     
  4. Dolan

    Dolan OT Supporter

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    That's kind of my thought process. If I'm going to blow around $30k or so on a car, why not get something that's not going to depreciate (so long as I maintain it) rather than losing money every single day.

    On the other hand, I'm a little worried about daily driving something that old - and gas prices ....
     
  5. Mr.Right

    Mr.Right N2O

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    if gas mileage is a big concern, put a 6 speed and some 3.23 gears in it. or keep whatever transmission it comes with and add some 2.73 gears. it will help alot.
     
  6. E-dub

    E-dub New Member

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    Are you paying $30k cash for a car or financing? Your bank will laugh at you if you try to finance a '60's muscle car. And not all '60's F-body cars are going to retain perfect value, especially if you have not bought vintage cars before and end up with a bondo bucket.

    If you actually have $30k cash, get the loan on the GTO and then put the $30k in mutual funds. This will offset your depreciation and you will have a better daily driver; a win-win situation.

    I had a '68 Firebird that I made as daily drivable as possible and it was still a pain in the ass. You MUST be in a nice area of the U.S. to even be considering one, correct? And installing a 6 speed and different rearend gears is going to KILL his value unless it is a crazy one off through and through.
     
    Last edited: Sep 7, 2007
  7. tmax1284

    tmax1284 OT Supporter

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    not making GTOs anymore
     
  8. TriShield

    TriShield Super Moderator® Super Moderator

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    I tend to prefer newer cars over classics for daily driving.

    I wouldn't mind a restored 1970 Buick GSX to commute in though.
     
  9. Jeff R

    Jeff R New Member

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    For a DD I would go for the GTO. An old f-body, even if it's already restored, will cost more to drive and maintain. I know...I've got a '70 TA. The GTO will be a much safer vehicle and will get better gas mileage. Plus GTO seats > *. You won't ever want to sit in anything else.
     

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