Should i buy this 87 GLHS

[ljbprrfmof]

The first E bodies to catch fire in value were the TA and AAR, because they were homologation specials. Then people noticed there were only a 'handful' of hemi convertibles and they started the real high dollar trend. This brought the value of factory built hemi coupes up, which in turn pulled the 440 6 pack values with them. The big block cars followed, and now 10 - 15 years later, the small block and base cars have risen in value. Now you can take a base car, turn it into a hemi Cuda clone and make money on it.

It is all the law of supply and demand. The E bodies were not the huge success the factory wanted, mainly because they came just as insurance companies found out how to control claims by serial number and the government's emissions and crash standards were just starting to be implemented. This new technology made it tough to comply with the emission requirements and still have performance. Throw in the first gas crisis and you can see why the E body got dropped after 1974.

Eventually, the Shelby numbered cars will be discovered to have collectible value. The supply, already minimal, will be diminished. Factor in the number of these cars that have been modded and/or raced, plus those that have been scraped, and you could see a real jump in the values in the next 5 - 10 years.

The same halo effect that now makes a Barracuda rust bucket worth double what we trade our cars on here, will pull the non-numbered Shelby cars, then the factory turbo cars, and then the base NA cars up in value.

If I had the money and the warehouse, I would buy every single car offered in the FS section and sit on them. I may save out the really clean high dollar asking prices for other investors. You can't have a market if only one person is paying. LOL

Honestly, I think the 3000 miles I put on my CSX T every year, is too many. But, I never liked trailer queens. These cars are meant to be driven and enjoyed.

[utah_pure]

Thank you that is exactly what I have tried to say all along and I get called all kinds of names, And told im just trying to profit on them, But yet the fact is I never make a profit, but instead either lose money or break even, Just to help a fellow Td lover out...

Anyways real good explanation LJB very well worded.

[SpiritedShelbys]

I have to say that anyone who thinks these cars will never "catch on" or reach a real collector value is just irresponsible in their thinking. What's already happening is that parts (and I'm mostly referring to restoration/wearable parts weatherstripping, interior,etc) are rapidly becoming next to impossible to find. ALL of these cars suffer from the same common manufacturing defects; cheap materials that weren't designed to last. These cars platforms were built with the modern car manufacturing philosophy of use and replace. I'm just wondering when the repop vendors are going to get a clue and jump on the profit bandwagon. NOS parts ARE trading for good money and these cars aren't going away, yes the numbers are dwindling but the fact remains that most people who have them are restoring/keeping them and exceptional parts are extremely difficult to find. You can keep you low mile car in a garage and trailer it to shows occasionally but despite your best effort to keep the paint "showroom" it simply won't last. The driver cars will have to be restored to some degree eventually in order to continue use as will the well preserved examples. I do believe we will see considerable value increases within the next 5 years but the real argument still remains. Are you a hobbyist or an investor? If you are looking from an investment standpoint there is a helluva lot better ways to invest than in turbo/shelby dodges and IMO sidesteps the very principle from which the shelby dodges were designed for in the first place.

[ljbprrfmof]

I am a hobbyist with the long view of an investor. As I read the threads, I realize many participants in the forum are in some cases quite a bit younger than me. From my point of view, which is tempered with watching the muscle cars of the 60's go from being hard to sell gas hogs, to high end investment darlings. I have seen the cycle for these cars in full. I have seen the investor car market pull the antique cars of the earlier 20th century up in value. Add in the scrap rate and you have the making of a future boom in values.

It breaks my heart every time I see someone threaten, or simply plan to part out a Shelby car. Even good non Shelby cars don't deserve to be parted out when they have good bodies. If I had some place to store them, I would like to buy them all, well and if I had untold wealth too. LOL.

SpiritedShelbys is right, even a good restoration will wear out when the car is exposed to the elements and driving, let alone spirited driving.

Maybe we should start a Society for the Preservation of Turbo Dodges, Shelby Dodges, and other Mopar Mini Muscle. With a name like that, we need little old ladies in wide brim flowery hats sitting in our garages, sipping tea from their cups. That would be a good mix with us in our torn sweatshirts drinking beer from bottles with our greasy hands. LOL

[SpiritedShelbys]

My biggest passion about these cars is simply this; no matter what, not everyone can have one. They were built in small numbers and over time many have been wrecked, parted, rusted and removed from service and the numbers aren't growing. I've never pulled up to a stoplight and seen another numbered car - shows aside. I'm sure some of you have but most certainly not routinely unless it's a friend. Got a mustang, corvette.. you'll see that junk every time you stop, you can count on it. The SD or TD, highly unlikely and becoming less likely everyday. I can appreciate being aware of your cars value and potential to appreciate in time because it's part of your portfolio but don't make a decision based on that. These cars simply were not built with that intention and I think it's important not to lose sight of that. They were built for cheap, reliable, low volume, narrow focus FUN and every one I've owned has been a complete success at delivering that. Whats insanely funny is that when I do attend shows.. the alleged "rare" muscle cars are all I ever see.... EVER. Our cars have been protected by the low volume narrow focus group they were built for and that's cool!

[Marcus86GLHS]

i do not think any front wheel drive car will ever reach even a small fraction of a value, adjusted for inflation/time, as the current valuations we see in classic rear wheel drive american muscle cars.........not even close!!! all whom think otherwise? God bless you and i hope you are right and i am wrong.

bottom line: the vast majority of the market does not appreciated, respect, or want a front wheel drive car even if it has Carroll's endorsement.

[1984Rampage]

I like these cars because you almost never see them on the road. I have only ever seen one other shelby charger. The reason I absolutely HATE mustangs is I can drive down the road and see ten of them in ten miles. Even though our cars arent as "cool" as other cars they are still fun as hell and rare but people are too narrowminded to realize that.

[The Pope]

Quote:

Originally Posted by 1984Rampage I like these cars because you almost never see them on the road. I have only ever seen one other shelby charger. The reason I absolutely HATE mustangs is I can drive down the road and see ten of them in ten miles. Even though our cars arent as "cool" as other cars they are still fun as hell and rare but people are too narrowminded to realize that.

American drivers are normally pretty dumb any way. Millions of Americans love Hondas and think they should drive them because they are made in Japan. In Japan they are not popular for a reason, right up there with why Lexus isn't sold in Japan.

My self I owned a 65 Mustang, what a pile. Give me a Shelby Charger, or even an old Charger 2.2 instead. My first car was a Mustang and then I've had 2 Challengers that I drag raced. A Mustang is a nice cruizer and has to be a serious like a GT 500 before they do much for me. Not to mention they handle like a turd, mine drifted with a 6 banger and at 20 MPH. I have many stories, but they don't help the Mustang

[Skyroof]

Quote:

Originally Posted by SpiritedShelbys I've never pulled up to a stoplight and seen another numbered car - shows aside. I'm sure some of you have but most certainly not routinely unless it's a friend. Whats insanely funny is that when I do attend shows.. the alleged "rare" muscle cars are all I ever see.... EVER. Our cars have been protected by the low volume narrow focus group they were built for and that's cool!

Are there any Turbo Dodge gatherings in the Central California area? I've seen exactly four numbered cars in these parts - a GLHS Charger on the showroom floor in 1987, a very faded '86 GLHS a year and a half ago in San Francisco, the former SCCA racer CSX #705 when it was up for sale last year, and the one I bought in Washington. Sounds like a gathering in these parts might be needed sometime.

[Skyroof]

Quote:

Originally Posted by Skyroof NMike, If you are still following this thread and you still what the GLHS Omni, here is one that popped up for sale on the west coast. Looks to be a pretty nice, low mileage car. 1986 Dodge Shelby Omni GLHS

The GLHS Omni now has a price tag.

1986 Dodge Shelby Omni GLHS