The value of a Chevelle can't crash. I remember the summer of 1987...we just graduated from high school, and my buddies and I where driving all over looking at Chevelles for sale...local auto shopper always had bunches of them. I remember looking at at least 50 or so cars. I ended up buying a 69 Malibu with a 350/300 horse engine, muncie 4 speed, 4:56 posi, very nice interior and body for $4000. One buddy bought a 68 Malibu for $2500...another buddy bought a 1970 Chevelle SS 396 4 speed for $2500 that had the original paint on it...another buddy bought another all original 69 Chevelle SS, 325 horse, auto, chambered exhaust for $2000 something...can't remember. Funny thing is we all could afford these cars at those prices when we were making $3 or $4 per hour at our jobs. NOW, 31 years later, I make $20 per hour and would have a hard time buying those cars at the values they would be selling at today in those conditions that they were in. I remember one car was a 70 SS LS5 for $10,000 that was mint...we thought the guy was NUTS, and would never get TEN GRAND for that car...remember all the "junk" Chevelles in the 80's that you could buy for $1000 or less, those cars are now $10,000 nowadays! These were parts cars back then, now they are project cars.
