COPO....Now And Then

danny waters sr · 01-26-2013, 08:12 AM

I would rather have the old one ,but for racing i would take the new one because i would not be afraid to race it..The old one would be a great museum or stored piece of history and will always increase in value.......(investment).... I don't think the new ones will hold value( or increase value ) as the old ones have (including Mopar and Ford )..

Jack Matyas · 01-26-2013, 10:01 AM

Quote:

Originally Posted by danny waters sr

The old one would be a great museum or stored piece of history and will always increase in value.......(investment).... I don't think the new ones will hold value( or increase value ) as the old ones have (including Mopar and Ford )..

So far the auto world has proven you to be wrong as several new COPO's have sold at auction for more than 50k over what they were purchased for only a few months ago .....pretty good return on investment I'd say .

danny waters sr · 01-26-2013, 09:01 PM

Quote:

Originally Posted by Jack Matyas

So far the auto world has proven you to be wrong as several new COPO's have sold at auction for more than 50k over what they were purchased for only a few months ago .....pretty good return on investment I'd say .

Got me thinking now Jack....First i would buy the new Camaro and sell it for the 50 grand profit and then purchase a 69 Camaro with my profit off new Camaro and then go back and buy another new Camaro and have the best of both worlds......Bif if and that is "IF" i had that kind of money. A man can still dream.....

Jack Matyas · 01-28-2013, 09:42 AM

Quote:

Originally Posted by danny waters sr

Got me thinking now Jack....First i would buy the new Camaro and sell it for the 50 grand profit and then purchase a 69 Camaro with my profit off new Camaro and then go back and buy another new Camaro and have the best of both worlds......Bif if and that is "IF" i had that kind of money. A man can still dream.....

Danny - Its a great plan but has a few flaws - first my wife suggested I sell mine and take the profit and buy '13 model - problem is there is no guarantee that I'll be able to get one .That leads me to your situation - as there were only 67 COPO's released to the public and there were more than 3,000 applications to get one your dream may not have happened .

All that and I bought mine to take to the dance ........not to sell or gather dust in my garage .

Casey Miles · 01-28-2013, 10:00 AM

One of the big differences is that the 1969 COPO's had vin numbers. They were legal to drive anywhere. Now they are nothing but race cars with ID numbers that gives them a name COPO.

Casey Miles
248H "F" NHRA Stock!

GUMP · 01-28-2013, 10:18 AM

Quote:

Originally Posted by Casey Miles

One of the big differences is that the 1969 COPO's had vin numbers. They were legal to drive anywhere. Now they are nothing but race cars with ID numbers that gives them a name COPO.

The rules are also a lot different today.

GUMP · 01-28-2013, 10:24 AM

Quote:

Originally Posted by Jack Matyas

Danny - Its a great plan but has a few flaws - first my wife suggested I sell mine and take the profit and buy '13 model - problem is there is no guarantee that I'll be able to get one .That leads me to your situation - as there were only 67 COPO's released to the public and there were more than 3,000 applications to get one your dream may not have happened .

All that and I bought mine to take to the dance ........not to sell or gather dust in my garage .

I have had offers on number six. I can't see selling it. This might be one of those once in a lifetime deals. I would hate to think that I would be one of those guys that regrets selling in years to come. Besides, I am having way too much fun with this car!

As to the original question. I walked right by a 1969 Yenko to buy a Judge in 1991. I like the old Camaros, but have never wanted one. I do love the new Camaros!

Bruce Noland · 01-28-2013, 10:47 AM

When the 2008 CJ'c first came out there were a few fools who just had to have one and they way over spent to get their new toy. Some are suffering from buyer's remorse. And the same deal may be happening right now, ie, some people may be paying stupid money for a Camaro. This is current events not history.

nhra rules have no impact on the value of the new cars. There is no reason to believe the parts counter Camaro will fair any better than the CJ and Challenger in the future.

While it is true that drag cars depreciate in value very quickly. The new cars have taken depreciation to a whole new level simply because of the huge buy-in price. You better really enjoy that first pass in the oem parts counter cars.

Good luck

cambria · 01-28-2013, 10:58 AM

I bought my COPO for one reason only to race it!And that is the best plan for these cars since then you don't care where the market goes.All that matters is that it is one of the coolest race cars to drive.Fast, straight just a great machine especially for us GM lovers.Spent the winter months making it even better actually had to slow it down so as not to have a certification problem.It is all it was advertised to be and then some.Can't wait for Gainesville.

Casey Miles · 01-28-2013, 10:54 AM

Gump: In 1969 the COPO Camaros didn't just come as 427 all alluminium, they also came as 427 steel engines. The big difference is that they weren't race cars and had nothing to do with rules. Anyone could go to a Chevy dealership and order one. Baldwin Chevy had a ton of them go through that dealership. The COPO cars show up at Burger King on Hempstead Trnpk on Long Island all the time. No cared about NHRA rules back then. One of the biggest problems back in 1969 was to get insurance on the cars if you were under 25.
Casey Miles
248H "F" NHRA Stock!

01-26-2013, 08:12 AM	#1
danny waters sr VIP Member Join Date: Apr 2007 Location: lagrange,nc Posts: 2,224 Likes: 1 Liked 0 Times in 0 Posts	Re: COPO....Now And Then I would rather have the old one ,but for racing i would take the new one because i would not be afraid to race it..The old one would be a great museum or stored piece of history and will always increase in value.......(investment).... I don't think the new ones will hold value( or increase value ) as the old ones have (including Mopar and Ford ).. __________________ Danny Waters, Sr / 73 Duster "340"

01-28-2013, 10:00 AM	#5
Casey Miles Senior Member Join Date: Jun 2006 Posts: 706 Likes: 128 Liked 508 Times in 92 Posts	Re: COPO....Now And Then One of the big differences is that the 1969 COPO's had vin numbers. They were legal to drive anywhere. Now they are nothing but race cars with ID numbers that gives them a name COPO. Casey Miles 248H "F" NHRA Stock!

01-28-2013, 10:47 AM	#8
Bruce Noland VIP Member Join Date: Jun 2002 Posts: 1,855 Likes: 83 Liked 444 Times in 145 Posts	Re: COPO....Now And Then When the 2008 CJ'c first came out there were a few fools who just had to have one and they way over spent to get their new toy. Some are suffering from buyer's remorse. And the same deal may be happening right now, ie, some people may be paying stupid money for a Camaro. This is current events not history. nhra rules have no impact on the value of the new cars. There is no reason to believe the parts counter Camaro will fair any better than the CJ and Challenger in the future. While it is true that drag cars depreciate in value very quickly. The new cars have taken depreciation to a whole new level simply because of the huge buy-in price. You better really enjoy that first pass in the oem parts counter cars. Good luck __________________ Bruce Noland 1788 STK

01-28-2013, 10:58 AM	#9
cambria Member Join Date: Nov 2003 Location: Buffalo Posts: 235 Likes: 0 Liked 0 Times in 0 Posts	Re: COPO....Now And Then I bought my COPO for one reason only to race it!And that is the best plan for these cars since then you don't care where the market goes.All that matters is that it is one of the coolest race cars to drive.Fast, straight just a great machine especially for us GM lovers.Spent the winter months making it even better actually had to slow it down so as not to have a certification problem.It is all it was advertised to be and then some.Can't wait for Gainesville. __________________ BS/A,A/FIA 00 Camaro- CS/A, B/FIA 94 Camaro .2012 copo 4.0

01-28-2013, 10:54 AM	#10
Casey Miles Senior Member Join Date: Jun 2006 Posts: 706 Likes: 128 Liked 508 Times in 92 Posts	Re: COPO....Now And Then Gump: In 1969 the COPO Camaros didn't just come as 427 all alluminium, they also came as 427 steel engines. The big difference is that they weren't race cars and had nothing to do with rules. Anyone could go to a Chevy dealership and order one. Baldwin Chevy had a ton of them go through that dealership. The COPO cars show up at Burger King on Hempstead Trnpk on Long Island all the time. No cared about NHRA rules back then. One of the biggest problems back in 1969 was to get insurance on the cars if you were under 25. Casey Miles 248H "F" NHRA Stock!