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Old Sep 17, 2010 | 10:36 AM
  #80 (permalink)  
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Vegaslegal
Joined: Sep 2009
Posts: 256
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From: Las Vegas
Default Re: I hate to keep bringing this up...

Originally Posted by bmorgan
I much as I would love to think the XFire... especially the SRT Roadster as it is the most limited in production will someday be a highly collectible car that will be worth a lot of money..... The reality is probably closer to another car that I purchased new and loved for its uniqueness and fun factor. It was a 1985 Fiero GT. If you think about it, there are lots of similarities between the two, and a 1985 Fiero GT which in today's market will bring between 5 and 10K for one in pristine condition. Considering they cost 13K new, they have held their value pretty well, but is not something that one would consider an investment grade vehicle. Furthermore, the Fiero GT has most likely peaked in it's potential for future value. Also, much like the XFire, the Fiero still has a very strong cult following and a strong forum community. Just think, the Fireo was first released in 1984 with the GT following in 1985. Sound familiar? XFire in 2004, with the SRT following in 2005. Maybe this is a glimpse at what we may expect out of the XFire in 20 more years.
One difference between the Crossfire and the Fiero was the perception at the time. I bought one new and loved the car. If you remember back to '84-'88, the uniform scuttlebutt was that this was the best and only future collectable for that time frame. If you could look at an R&T, Motor Trend, etc of 1989, my recollection is that they all advised to get a low mileage Fiero V-6 and stick it in a garage and see what happens in 20 years. Twenty years was four years ago, and adjusting for inflation, everyone that followed this advise lost money. That's on a car "destined" for future collectability. That's not the Crossfire.
 
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