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Old 09-10-2006, 01:40 PM
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Re: What performance cars to buy

Classic Mustangs have been an EXTREMELY good investment lately. Some have tripled in price in the last 6 years. These cars would be any Shelby, Boss 429 and 302. The R coded(428CJ shaker) cars are also rising in value. I do not think that these would be good to invest in now though as they have already skyrocketed. For a long-term investment I think I would invest in a 2000 Cobra R Mustang. Very limited production and bound to be a collector. I also think that the 2003-2004 Mustang Cobras will be collectors one day due to their highly desirable status. 2002 TA's and SS's wouldn't be bad either but there are quite a few people already collecting these. I wouldn't look at anything too old as they have usually already risen in price. I believe that the older 1st gen Corvettes have already hit their peak and are no longer a good investment. You want to follow the rule of 7's and 2's. This means that and extremely good investment should double in value in a 7 year time period. I would start to look at rare/collectible cars from the 70's. The market seems to be moving through the generations and is currently stuck in the late 60's so getting a jump on the desirable 70's cars might be a good move. As to color and options, you'll have to research each model to see what is most desirable. A good general rule is to get a red, big block with a 4 speed. Popular option packages are also a key ingredient. This means: Shelby, GT, SVT, SS, WS6, Trans-Am, anything HEMI, etc... Hopefully this helps. Could go on forever.
Grant
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