Home » Public Forums » GMCnet » GMC price trends
| GMC price trends [message #104490] |
Thu, 28 October 2010 11:45  |
hertfordnc
Messages: 1164
Registered: September 2009
Location: East NC
Karma: 0
|
Senior Member |
|
|
I'm curious what people here think will happen to prices and participation in the future.
We saw prices really fall in the last few years due to the recession.
I have no historic perspective on past recessions relative to values on vintage vehicles.
Is there reason to believe that if the economy recovers sufficiently will values return?
Or will we and our coaches emerge from this as relics?
Some things seem to die very quickly.
A few years ago i saw my first Clark Cortez, i ran to the net for more info and there were a bunch of active owners.
If you look now it's pretty dead.
Can we retain critical mass?
How vibrant is this group today compared to years past?
I think the Revcon participation has declined just in the year i've been involved (maybe it's me)
Dave & Ellen Silva
Hertford, NC
76 Birchaven, 1-ton and other stuff
Currently planning the Great american Road Trip Summer 2021
It's gonna take a lot of Adderall to get this thing right.
|
|
|
|
| Re: GMC price trends [message #104497 is a reply to message #104490] |
Thu, 28 October 2010 12:14  |
 |
1977Production#0001
Messages: 197
Registered: January 2010
Location: Vallejo, California
Karma: 0
|
Senior Member |
|
|
My "expert"  Prediction/Thoughts:
I think prices have hit a near Low. I think a good running/maintained usable coach will not likely get below $12,000. We need to support the Parts/service guys like the Jim's and Cinnabar so that they are always around to keep them running- This is a major purchasing factor for many which increases the overall value and allows near-DEAD GMC's to be revived. Remove the Service and support and the parts availability and watch the Values plummet. I know the support will be around, so a Good running GMC will start to increase in value when the economy is HOT....$90,000 for Stick built Class C van or a small dodge sprinter and $199,000 and up for a Vesta or bigger.....Well a measley $20,000- $45,000 for a nice GMC doesn't sound to bad anymore... Hopefully the economy will get HOT and we dont have to worry... But hey I'll have my GMC for another 50-60 years because I'm 32... so I really don't care too much about Values besides insurance.
Carlo DiFabio, Dr of GMC medicine,
Expert in spending $$$$$$$$ on GMC MH
9 months Experience in replacing/repairing things such as engines, black tanks, water pumps, fans, brakes, wheels, cabinets, bath modules, electricc wiring, radiators, lights, mirrors, emblems, paint, seats, tables, generators, and a bunch of other little stuff.
Expert in buying a Near Dead GMC
Expert in Browsing the "nice" GMC's for sale
Giovanni(Carlo) 1977 GMC Kingsley 26ft
"Carbon Footprint"
Rear Twin, Dry Bath, Original Headliner
|
|
|
|
| Re: [GMCnet] GMC price trends [message #104499 is a reply to message #104490] |
Thu, 28 October 2010 12:18 |
James Hupy
Messages: 6806
Registered: May 2010
Karma: -62
|
Senior Member |
|
|
Dave, If you have some kind of crystal ball that would forsee the future,
let the rest of us in on it so we can all get rich. Speculation is what it
is. Some people think they can manipulate the circumstances and therefore
have some control over what happens to the market economy. With collector
vehicles there are just too many variables connected to them to even
comprehend, let alone manipulate. Who would have thought that a big block
cheap body car like a road runner or charger or a challenger would ever have
been worth millions? Truth is they aren't but if a person with starry eyed
visions of one has the $$ and the inclination to buy one at any price, then
that becomes what the new value is. Crazy for sure, but of such things
opportunities arise for obscene profits. Don't risk anything but your
"walkin' around money" in these ventures. Certainly not the kids college
fund. I've both made money and lost money throughout my life on old cars,
boats, motorcycles & the like. If you want a real money pit, buy a Prevost
Marathon Diesel Pusher. One Million and some change, guranteed to be worth a
fourth of that in 10 years.
A perfect GMC is that same kind of dream. Better to restore it to excellent
operating condition and then drive the crap out of it while we are still
young enough to do so. Let our kids worry about what to do with the old girl
when we no longer can climb up the step to get into it. Just my opinion.
Jim Hupy
Salem, OR
78 Royale 403
On Thu, Oct 28, 2010 at 9:45 AM, dave silva <david.j.silva@uscg.mil> wrote:
>
>
> I'm curious what people here think will happen to prices and participation
> in the future.
>
> We saw prices really fall in the last few years due to the recession.
>
> I have no historic perspective on past recessions relative to values on
> vintage vehicles.
>
> Is there reason to believe that if the economy recovers sufficiently will
> values return?
>
> Or will we and our coaches emerge from this as relics?
>
> Some things seem to die very quickly.
>
> A few years ago i saw my first Clark Cortez, i ran to the net for more info
> and there were a bunch of active owners.
>
> If you look now it's pretty dead.
>
> Can we retain critical mass?
>
> How vibrant is this group today compared to years past?
>
> I think the Revcon participation has declined just in the year i've been
> involved (maybe it's me)
>
>
>
>
> --
> Dave & Ellen Silva
>
>
> Happy owners of a 1972 Flatnose Revcon
> Here by the generosity of the GMC community
> http://www.davesilva.com/revcon
>
>
> _______________________________________________
> GMCnet mailing list
> List Information and Subscription Options:
> http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
>
_______________________________________________
GMCnet mailing list
List Information and Subscription Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
|
|
|
|
|
|
|
|
|
|
| Re: [GMCnet] GMC price trends [message #104507 is a reply to message #104497] |
Thu, 28 October 2010 13:20 |
980
Messages: 192
Registered: July 2010
Location: United States
Karma: -1
|
Senior Member |
|
|
I think the trend is more about who's buying them.
When I was shopping for ours, we were seeing a number of owners who were
growing too old to enjoy them anymore. Granted, growing older is better
than the alternative, but I'm likely to have my viking funeral in my
coach if I have my way.
Our decision to buy the GMC, or a motorhome at all for that matter, was
that we're not interested in waiting to live our dreams. We've seen too
many of our friends cut down in their youth and decided that the only
way to be sure you've had a good life is to live it every chance you get.
Perhaps this will catch on. You're seeing a bit of it already. There's
another element about these new buyers, the "Internet Generation"
generally do their research and they get excited about good technology
if they can find it. Often they'll find value in that. It is difficult
to grasp that a 30+ year old motorhome is a good idea even though it's
clearly superior design and engineering, but some people consider
research to be entertainment. Some of us even remember when these GMC's
came out and how obviously groundbreaking they were at the time. I
never thought that I would own one, but a kid riding his bike to third
grade class dreamed about it every time he passed the one in his
neighborhood. Ask me how I know.
The prices are coming down even in the time since I bought my coach in
May, and that's not such a bad thing. It opens up the market to new
buyers which is what we need to keep going. Most of us aren't selling
and owners are always going to need parts. The cost of ownership is a
little high but if the cost of entry is low enough, it can feel more
tolerable.
I think that the number of major suppliers is at a sustainable level.
They're on both coasts and a couple of places in the middle. The
cottage industries for specialty items are a great thing because they
are scalable, low-overhead enterprises. Hopefully that will continue.
That Transmode at Applied is down to 10K, and I know it's a nice running
coach. I'm waiting to see which one of my friends buys it. It was at
$15k when I looked at it.
There's a beautiful Glenbrook still sitting in Fair Oaks looking for a
buyer. It needs a few mechanical things, but the inside is perfect and
upgraded. When I was shopping he wanted $10k or offer.
http://www.esf2.net/gmc/ I haven't talked to him lately, and he's not
good at posting on the net. Hard to tell if he still has it.
Desmond
--
1977 GMC ex-Palm Beach, 26-3
Treasure Island, CA
KC6VHG, KAG0675 "980"
_______________________________________________
GMCnet mailing list
List Information and Subscription Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
|
|
|
|
| Re: GMC price trends [message #104509 is a reply to message #104490] |
Thu, 28 October 2010 14:27 |
Michael Bozardt
Messages: 367
Registered: January 2007
Location: College Station, Texas
Karma: 1
|
Senior Member |
|
|
Having 3.5 years experience in buying and selling GMC motorhome used parts and 7 years as a GMC M/H owner, I have had lots of calls re: buying and selling a GMC.
For example, we have spent about $22k on our 74 GMC, $14.5 to buy in 2003 and the rest in upgrades and maintenance, mostly the latter. Today, I will hopefully get $13,000 for it with 7 Alcoas and over $1000 spent in the past few months starting with a Paterson carb and aluminum manifold, cylinder heads replacement, and more.
The $15-25k coach is still there, but it will have lots of major upgrades and probably is worth $25-35k in a decent market. An average coach(what is average?), will be $10-14k with no major repairs needed and good service records. If you veer from that, it is a crap shoot and you do not know what you are getting. Maintenance/repair records are very important to the buyer. Tires over 6 years old should be replaced so note that in figuring the cost of the coach.
We are beginning to see younger people acquire GMC motorhomes. Some by inheriting them, others because they recognize the value for their money in a GMC. Ownership is easier than for the majority of SOBs on which they will be making payments well into an unknown future. Also, nothing drives like a GMC..Michael
GEMRECS
|
|
|
|
| Re: GMC price trends [message #104512 is a reply to message #104509] |
Thu, 28 October 2010 15:11 |
hertfordnc
Messages: 1164
Registered: September 2009
Location: East NC
Karma: 0
|
Senior Member |
|
|
I don't have an agenda behind my question. I really just wondered if there is some history to draw on.
Maybe not GMC history. The economy was so good for so long you might have to look at some other machine that has practical use AND collectability.
The rise and fall and Rise agin of Harley Davidson prices in the last 30 years?
VW Beetles?
Has the recession created a new and different GMC owner?
I've lusted after GMC's for years but I never saw one under $5K before 2008.
Does this new environment bring out buyers with less money?
When the economy recovers will demand exceed supply?
By then the coaches will be nearly 40 years old. Will that scare some people away?
Of course, there's no right answer But I am interested in what people think.
Dave & Ellen Silva
Hertford, NC
76 Birchaven, 1-ton and other stuff
Currently planning the Great american Road Trip Summer 2021
It's gonna take a lot of Adderall to get this thing right.
|
|
|
|
|
|
|
|
| Re: [GMCnet] GMC price trends [message #104534 is a reply to message #104523] |
Thu, 28 October 2010 20:25 |
jimk
Messages: 6734
Registered: July 2006
Location: Belmont, CA
Karma: 9
|
Senior Member |
|
|
Not everyone that has a GMC is aware of the value of the coach versus the SOB's.
If you want to have a coach that is going to hold more of a value so
it can be sold at a favorable price, you do not want to do outrageous
things to it.
We need to realize that the younger people are the ones we need to
purchase the coaches so that they continue to stay alive.
Until few years ago you needed only to replace the ball joint or two
on the front.
Now as the coaches age, we need to rebuild the front end and replace the wheels.
We need to get more younger people to purchase these coaches and get
them on the road.
On Thu, Oct 28, 2010 at 2:52 PM, Bob Moss <fums6@aol.com> wrote:
>
>
> I really don't think there has been a lot of difference in the prices of GMC's since I bought mine five or six years ago. In fact I see a few more offered at slightly higher prices. To be specific, there were many coaches offered at $5-8K but now they seem to be nearer to 10K at the lower end. Of course the recession may have hurt somewhat because as we know the MH numbers are down overall. But GMC buyers are different than the average MH buyers. It's like comparing a collectible car owner with a person who buys a car to go to work, school, family outings etc. As to the distree one gets from seeing their Marathon Prevost decline 75% in 10 years, forget it. The pure enjoyment you receive driving a bus sized MH designed to go safely down the road at 65 mph for 500,000 miles is worth it.
> Bob Moss
> 77 Eleganza II
> --
> Bob Moss
> _______________________________________________
> GMCnet mailing list
> List Information and Subscription Options:
> http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
>
--
Jim Kanomata
Applied/GMC, Fremont,CA
jimk@appliedairfilters.com
http://www.appliedgmc.com
1-800-752-7502
_______________________________________________
GMCnet mailing list
List Information and Subscription Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
Jim Kanomata
Applied/GMC
jimk@appliedairfilters.com
www.appliedgmc.com
1-800-752-7502
|
|
|
|
|
|
| Re: [GMCnet] GMC price trends [message #104556 is a reply to message #104555] |
Fri, 29 October 2010 02:03 |
 |
ljdavick
Messages: 3548
Registered: March 2007
Location: Fremont, CA
Karma: -3
|
Senior Member |
|
|
Yes, but it's a weighted average. I'm afraid we'd have to factor in Steven's age too ;~)
Larry Davick
(Ducking for Cover)
On Oct 28, 2010, at 10:43 PM, Carlo <carlodifabio@hotmail.com> wrote:
>
>
> jimk wrote on Thu, 28 October 2010 18:25
>> Not everyone that has a GMC is aware of the value of the coach versus the SOB's.
>> If you want to have a coach that is going to hold more of a value so
>> it can be sold at a favorable price, you do not want to do outrageous
>> things to it.
>> We need to realize that the younger people are the ones we need to
>> purchase the coaches so that they continue to stay alive.
>> Until few years ago you needed only to replace the ball joint or two
>> on the front.
>> Now as the coaches age, we need to rebuild the front end and replace the wheels.
>> We need to get more younger people to purchase these coaches and get
>> them on the road.
>
>
> So is that 20% off under 40 "youngster discount" policy now effective?
> --
> Carlo & Steven
> 1977 GMC Kingsley 26ft
> "Carbon Footprint"
> Rear Twin, Dry Bath
>
>
> _______________________________________________
> GMCnet mailing list
> List Information and Subscription Options:
> http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
_______________________________________________
GMCnet mailing list
List Information and Subscription Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
Larry Davick
A Mystery Machine
1976(ish) Palm Beach
Fremont, Ca
Howell EFI + EBL + Electronic Dizzy
|
|
|
|
|
|
| Re: [GMCnet] GMC price trends [message #104562 is a reply to message #104558] |
Fri, 29 October 2010 08:24 |
GMCNUSA
Messages: 283
Registered: August 2006
Location: Indianapolis, IN
Karma: 0
|
Senior Member |
|
|
| 980 wrote on Fri, 29 October 2010 03:49 |
Carlo,
How did you know that I bought the coach on my 40th birthday?
DC
--
|
The GMC net knows all!!
Larry Dilk
Indianapolis, IN
76 Eleganza II
Patterson 455,Turbo City TBI,
Just LOVE It!
|
|
|
|
| Re: GMC price trends [message #104564 is a reply to message #104490] |
Fri, 29 October 2010 10:19 |
 |
jaholland
Messages: 565
Registered: June 2010
Location: Sweet Home Alebamy
Karma: 0
|
Senior Member |
|
|
| hertfordnc wrote on Thu, 28 October 2010 11:45 |
I'm curious what people here think will happen to prices and participation in the future.
We saw prices really fall in the last few years due to the recession.
I have no historic perspective on past recessions relative to values on vintage vehicles.
Is there reason to believe that if the economy recovers sufficiently will values return?
Or will we and our coaches emerge from this as relics?
Some things seem to die very quickly.
A few years ago i saw my first Clark Cortez, i ran to the net for more info and there were a bunch of active owners.
If you look now it's pretty dead.
Can we retain critical mass?
How vibrant is this group today compared to years past?
I think the Revcon participation has declined just in the year i've been involved (maybe it's me)
|
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Dave;
We were living in Battle Creek Michigan when I had to have the 1965 FWD Cortez with a slant 6
Chrysler Industral engine with a 4 speed Manual Transmission.
and then when Clark started producing them with the V/8 with the Auto Tranny, I just had to have one of the first
FWD Cortez' that had a V/8 Motor with an Automatic Transmission produced by Clark ~
Things Really Changed when I first saw the 1973 Sleek Aero Designed 26' GMC Motorhome ~ I Just Had To Have One ~
We Sold Our Beloved Clark Cortez Box And Bought Our First Sleek 26' GMC Tube !
We Purchased a 1973 26' Canyonlands with the Olds'455 and HT423 Hydramatic and put 98.000 miles on it in 5 years ~
Later we purchased our present 1978 26' Eleganza II with the '403 and 3.07 final drive ~
True the '403 does not pull like the '455 did, BUT when you learn to drive it correctly while pulling a light 'TOWD',
The Improved Fuel Mileage at today's Gas Prices sorta makes it easier to forget that pulling difference ~
Personally I Prefer Getting 10/12 MPG Over the 8/8 MPG Alternative and no longer need to make Jack Rabbit Starts ~
I'm in agreement with Jim K, Along With The Upkeep, We Must Also Expect To Rebuild The Front End
Upgrading To The 16" Wheels Is A Must Because The 8.75 X 16.5 E Tires Have Now Become Almost Extinct ~
Lavelle reminded me that I should not complain about the upkeep repairs on the GMC because after all
our 13,000# FWD GMC Motorhome is over 32 years old. She also reminded me me that I Am Over Twice that age,
Weigh So Much, Just Had Bi-Lateral Knee Replacement Surgery and My Shoes are often replaced ~
Aw WOMEN, ~ You Can't Live Withem & You Won't Live Without Them ~
~ ~ ~
~ Joe ~
~ ~ ~
PS :
" ISorta Like That VIKING Funeral Idea " ~
/_]*[__][] *[__|] ~ * '73 TZE063V101887 "
"
O----------OO--]* ~ '78 TZE168V100234 "
"
" Joe & Lavelle " "
"
'sweet home alebamy'
[Updated on: Fri, 29 October 2010 17:05] Report message to a moderator |
|
|
|
| Re: [GMCnet] GMC price trends [message #104566 is a reply to message #104556] |
Fri, 29 October 2010 10:29 |
|
1977Production#0001
Messages: 197
Registered: January 2010
Location: Vallejo, California
Karma: 0
|
Senior Member |
|
|
| ljdavick wrote on Fri, 29 October 2010 00:03 |
Yes, but it's a weighted average. I'm afraid we'd have to factor in Steven's age too ;~)
Larry Davick
(Ducking for Cover)
On Oct 28, 2010, at 10:43 PM, Carlo <carlodifabio@hotmail.com> wrote:
> So is that 20% off under 40 "youngster discount" policy now effective?
> --
> Carlo & Steven
> 1977 GMC Kingsley 26ft
> "Carbon Footprint"
> Rear Twin, Dry Bath
>
|
Great! Factor it in! 40% off (for the next 4 months)is Awesome!
Giovanni(Carlo) 1977 GMC Kingsley 26ft
"Carbon Footprint"
Rear Twin, Dry Bath, Original Headliner
|
|
|
|
| Re: GMC price trends [message #104571 is a reply to message #104490] |
Fri, 29 October 2010 11:59 |
mschultz
Messages: 113
Registered: September 2010
Location: Maple City, MI
Karma: 0
|
Senior Member |
|
|
|
As one who seems to always buy things and never sells anything, it would seem that the initial price does not matter much. As some wise GMCers have told me it is just the down payment. So, two good trips, one of which was to DuQuoin and I am feeling pretty good. Learning things about this GMC has been entertaining. Fortunately got in at under 10K, so no worries. As for driving old vehicles just completed a 1900 mile trip to celebrate the birthday of a very fit young man, my uncle Bob, who is twice as old as the 50 1/2 year old british car I drove. So, I know the GMC is well able to go about another 20 years, no sweat, and hopefully I will still be able to handle it by then. Unlike other SOB's, we have a dedicated group of venders. That is a huge advantage in vintage ownership, regardless of what the vehicle is. MS
|
|
|
|
| Re: GMC price trends [message #104595 is a reply to message #104490] |
Fri, 29 October 2010 21:54 |
Luvn737s
Messages: 1106
Registered: June 2007
Karma: 2
|
Senior Member |
|
|
There needs to be some sort of accreditation for GMC mechanics so that there are more shops around the country with qualified people to work on these. Not everyone lives within a few miles of Fremont, Orlando or Quakertown and these guys won't live indefinitely (from a practical, not spiritual point of view).
Everyone I have shown my coach to says they think it's cool, but they are not "car guys" and owning one of these scares them. While we have a bunch of capable folks on this board who can give guidance and build confidence, I still don't think it's enough to over come this anxiety.
I'm starting work on a restoration of a 1977 Celica GT Liftback (as in "can I get a lift back home?") and while millions were made, there are very few parts out there and the prices tend to be high. The market to sell such a vehicle is limited to people willing to try to learn to rebuild it. I am at the point where I either need to sell it as a project or committ to spending money I'll never get back to build a car that can't be sold for much over $3000.
Now is a good time to buy, but don't plan on recouping any money min the future. If you do, great - but you'll probably only get it from someone who appreciates what they're buying and will be good custodians of your investment in time. money and care.
Randy
1973 26' Painted Desert
Ahwatukee (Phoenix) AZ
|
|
|
|
Goto Forum:
Current Time: Fri Oct 11 15:33:49 CDT 2024
Total time taken to generate the page: 0.01740 seconds
|
GMCforum
Search
Help
Register
Login
Home
