I bought a Limited Edition 2004 Chevy Monte Carlo Intimidator SS, Dale earnhart edition. It has a supercharged 3.8 liter Engine, goes about 130 mph, and has onstar, leather interior, satellite radio, etc. basically all options offered by chevy that year.(1SC package) This car cost $38,000 new. With it being front wheel drive, will it appreciate in price, even though its FWD, They only made 4000 of them, and I have the cretificate of authenticity? I really like it, but do you think it was worth being in debt for 5 years?
2006-11-28 17:39:47 · 8 answers · asked by Icefire 3 in Cars & Transportation ➔ Car Makes ➔ Chevrolet
Question is, what did you pay for this car???
If you got a good deal for this model you should be OK if it can do what you bought it for...
I tell people every week " buy a car for what you need it for and plan on using it as needed thats good for you"... In short buy a car that you can use every day...
Value is in the deal you made Price top end 18995.00 down to 12995.00 depending on mileage and condition.
If you bought it for investment only and not daily driver Financing it was very wrong... Hopefully you got a good % to finance it angainst.. And you will need a temp controlled storage to keep it in and learn about storing it for long periods of time... To keep it in tip top shape.
The car its self has a great record, engine, transmission, electrical, etc... Fuel mileage is good for a Supercharged engine.
In closing if you like the car, got a good deal, and like driving it you should be fine... Never finance an investment unless you know its a sure thing...
Great car to drive...
2006-11-28 19:57:35 · answer #1 · answered by Spinner...428 6 · 0⤊ 0⤋
I did a quick search for your car...it looks like they are being sold for around $18,000 in mint condition, low miles.
The only time I've ever gone into debt big time for a car was when I bought my 98 lil red corvette. It was worth every penny of the finance charge too! I LOVED that car.
Unfortunately, my kids became of driving age and even though I signed away my right lung, both kidneys and half of my beating heart...swearing my kids would never get behind the wheel to drive it...the insurance company said.."that's wonderful, now pay us MEGA BUX insurance premiums"
Sadly, I sold it (one of the saddest days of my life) because of the insurance premiums being so outgrageously high. It was that or get rid of my kids! Tough choice but I kinda felt sorry for the little things so I kept them. (JUST JOKING)
The good news is...all of the kids are O-U-T (except my disabled daughter who can't drive and won't be rated on my insurance premiums) and we are looking for another "toy" for us. We'll be hearing the younger kids say "Look at those old people driving that sports car" LOL (I just turned 46)
I've never bought a car as an investment. Seems kind of silly to me and very risky. I buy what I like and feel good in. I don't know your age or your marital status/children...but I would suggest putting that much money towards the purchase of a home...now that's an investment!!
2006-11-29 06:52:54 · answer #2 · answered by Riviera_ 4 · 0⤊ 0⤋
i have had a very limited edition car. one where there were only 1500 in the U.S. what i noticed, and have been told by some of my car sales related friends, is that most of the time "limited" is used to test the market for what features customers want. if you notice a few years later those limited features are often standard on newer models. so don't waste your money.
and by the way, i sold that car i had way under what it was worth because no one wanted it.
2006-11-29 01:53:47 · answer #3 · answered by GoatFingers 2 · 1⤊ 0⤋
Too bad you don't have the cash to park that car for 20 years. That thing is going to be worth a fortune someday if it is in showroom condition. Probably would be worth enough to pay for a new house for you.
But then, what would be the fun in that? You wouldn't be able to drive it for 20 years.
2006-11-29 01:43:02 · answer #4 · answered by maamu 6 · 1⤊ 0⤋
If you bought it to drive, enjoy it and don't worry about the cost. If you bought it as an investment piece, store it well and in about 20 -25 years you will be able to sell it for something as there won't be many left.
2006-11-29 09:54:22 · answer #5 · answered by lbuajlw 4 · 0⤊ 0⤋
no - I think a car is a car - it gets you point A to point B --- so for me - it is definitely not worth it - i am happy with my 2002 $10, 000 that is all paid off...My BF is also very happy with his 2006 car for $20,000 that is half paid off....but some people are happy with cars that cost a lot of $$$ -- you need to ask your self if that is you....? Onstar is awesome - my parents have it - but they got it for $25,000 -- and will you really ever got 130mph -- i hope not...but if you love the car and can afford it - go for it....but also remember your percentage on the loan....in the end - it is still just a car....
good luck -
2006-11-29 01:50:14 · answer #6 · answered by Anonymous · 0⤊ 2⤋
No. Actually I think it's ridiculous to see a car as some sort of status symbol.
2006-11-29 01:47:26 · answer #7 · answered by Anonymous · 0⤊ 2⤋
stay away from chevys
2006-11-29 12:34:52 · answer #8 · answered by Anonymous · 0⤊ 0⤋