It will never be worth that much and this is why. The 90s are not the 60s, and the 2000s are not the 70s. The 60s early 70s cars were worth so much money because they were the best performing cars being sold til at least the early 90s, in the 90s til now, every single car gets better by the year, not worse, so why the fuck would anybody buy that thing for more money when a 2000gt is faster for 10k? It's all about supply and demand, not much demand for a car that is a lot slower than the new cars of today.Its collector value is two-fold
#1: it's immaculate with no miles
#2: it's the last fox cobra R made, period.
Do I think it is worth $115k? No. Will it be worth hundreds of thousands one day, for sure IMO.
Then explain to me why most cars selling for over 100k are from 72 or earlier? Not many in the late 70s going for that much money eh? Performance isn't the only factor, but it has to do A LOT with it. Nobody is pining over owning a 1983 Corvette with 150hp.Turk, you're wrong. A car's investment value is way more than it's performance in comparison to more modern vehicles. The value on a car is way more driven by the emotional connection buyers have to particular vehicle. I know will eventually pay top money for a restored 79-80' RX-7 some time down the road because I had some of the best times of my life in one.
I will agree that it is not worth that much now but it will be a 6 figure car within a decade. I would value that car right now to be closer to $60-65K. There are many people around my age now that remember the 93' Cobra R as one of their dream car. Why not buy that instead of a dime a dozen C6?
The pre-73 big $ cars are still demand driven by emotion. A hemi Cuda convertable is a rare car that is worth a lot because it is "THEE" car that currently wealth baby-boomers dreamed of having back when they were in high school/college; when all they could afford was a 318 powered Plymouth Satelite.Then explain to me why most cars selling for over 100k are from 72 or earlier? Not many in the late 70s going for that much money eh? Performance isn't the only factor, but it has to do A LOT with it. Nobody is pining over owning a 1983 Corvette with 150hp.