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19 Tradelink Road
Hillcrest, QLD, 4118
Australia

+61 7 3800 9127

At Ol' School Garage, we not only understand your passion for custom and classic cars, we share it. Rest assured, entrusting Ol' School Garage to undertake your custom build or restoration you are in good hands.

Leon's Blog

1966 Chevrolet Impala

Leon Betts

BLATANT SELF PROMOTION WARNING...I drove this 66 Chev Impala 2-door hardtop home today.

You may remember its restoration featured in one of my posts in early June. It is a great looking car and with its smooth 327 Chev small block and newly tuned suspension it is also a lot of fun to drive. But like most classic cars it also represents a pretty good investment. Why you ask! Well, I read an interesting snippet recently about some research by the RACQ (or maybe it was one of the equivalent organisations in another State) that went like this. On average, a new car loses 14% of its value for each of the first three years of ownership and an average of 8% over the next two years. So at the end of 5 years the average Camry, Falcon, Commodore, etc is worth around half of what you paid it! This beautifully restored Impala can be yours for under $35,000...how much do you think it will be worth in five years? If I were a betting man, I would have a guess at $35,000 or there about.