Mecum KC ZR-1s

[LGAFF]

1990 Red/Saddle ZR-1
No Sale $25K: Only 3,743 actual miles
- Bloomington Gold Survivor certification June 2010
- Both tops
- Clean Carfax
- All original
- "Time Warp" car '



1991 blck blck-No sale $17K

No Sale

- 375 HP 32 valve 4 cam engine with 16 injectors
- Triple Black
- Immaculate California/Texas car
- Light bolt ons
- Jeal and Corsa exhaust
- All accessories work
- Numbers matching
- Owner is a founding member of ZR1 registry
- Meticulously maintained
- Garaged, covered and never driven in the rain
- Original owner's manual, window sticker, top wrench, air gauge and all factory wheel sockets
- Brembo 4 pision brakes

[mike100]

How many miles on the second one?

tough sell when modern cars kick so much ***...

[LGAFF]

Very high praise from the announcers...they were all saying buy one now before the prices start going up...very positive about future value.

[mike100]

Very high praise from the announcers...they were all saying buy one now before the prices start going up...very positive about future value.

I'd take anything an auctioneer says with a grain of salt...they work on commission you know. Nobody has disposable income, but if they do have a little something, you can buy some seriously faster cars for not much more these days. I bought mine for sentimental reasons. I like the C4 (for about $7000), but to triple that cost is hard to justify.

[LGAFF]

It was the guys from HD TV/Discovery Channel they are automotive appraisers/write for several magazines

[RICKYRJ1]

That 91 was a lot of car it also was rocking some Fiske Fm5's . Probably a sale in the low to mid 20's. Nice to hear the announcers give the car its props

[RICKYRJ1]

I'd take anything an auctioneer says with a grain of salt...they work on commission you know. Nobody has disposable income, but if they do have a little something, you can buy some seriously faster cars for not much more these days. I bought mine for sentimental reasons. I like the C4 (for about $7000), but to triple that cost is hard to justify.

I don't beleive the bidding audience is listening to the TV announcers during the auction. I could be wrong won't be the first time :o

[Locobob]

I'd take anything an auctioneer says with a grain of salt...they work on commission you know. Nobody has disposable income, but if they do have a little something, you can buy some seriously faster cars for not much more these days. I bought mine for sentimental reasons. I like the C4 (for about $7000), but to triple that cost is hard to justify.

With collector cars I would place sentimental value far above performance comparison to modern vehicles. A 67 big block doesn't compare favorably to a modern Z06 for example - yet people continue to pay big bucks for them. The C4Z is barely 20yrs old, back in the late 80's I remember seeing a 69 L89 vert going for low teens. It's still way too early to say if the C4Z will eventually become a pricey collectible.

[Brillo1990]

1990 Red/Saddle ZR-1
No Sale $25K: Only 3,743 actual miles
- Bloomington Gold Survivor certification June 2010
- Both tops
- Clean Carfax
- All original
- "Time Warp" car '



1991 blck blck-No sale $17K

No Sale

- 375 HP 32 valve 4 cam engine with 16 injectors
- Triple Black
- Immaculate California/Texas car
- Light bolt ons
- Jeal and Corsa exhaust
- All accessories work
- Numbers matching
- Owner is a founding member of ZR1 registry
- Meticulously maintained
- Garaged, covered and never driven in the rain
- Original owner's manual, window sticker, top wrench, air gauge and all factory wheel sockets
- Brembo 4 pision brakes
So Lee what did the 3rd car sell for? I missed the auction, I did see some nice stuff go cheap later though.

[LGAFF]

Get Ready to puke:$18K

Approx. 18,000 original miles
- Both tops
- All receipts & original window sticker
- Original paint
- Power steering
- Power brakes
- AM/FM, CD/Cassette player
- Power seats
- None nicer

[XfireZ51]

Lee,

What was the color on that one? Also, my insurance company is looking for an appraisal. Any suggestions on where to get an industry accepted #?

[LGAFF]

It was blck/blck....as far as appraisals, it depends on what your company requires. They may have a local guy, I know Volo Museum used to do them. They run $50-$100 usually, we only required them if they were more than 10$ over the ACV listed in Collector Car NADA or KBB

[Paul Workman]

Lee,

What was the color on that one? Also, my insurance company is looking for an appraisal. Any suggestions on where to get an industry accepted #?

Dom,

I'm working a deal on mine - stated value policy, Looks to be approx $461/year with good coverage, towing, etc. etc. (not track coverage, how some ever...) no appraiser required. PM me if you're interested and I'll put you in touch w/ my guy.

P.

[A1990]

An Agreed Value policy guarantees the policy will pay the full insured amount of the vehicle with no depreciation in case of a covered total loss. A stated value policy does not promise upfront to pay this stated amount. In the event of a covered total loss, it may pay less than the stated amount, as the insurer has the right to pay the lesser of your collector car's depreciated actual cash value (ACV) or its replacement cost. Also, many insurers that offer stated value policies require periodic appraisals to substantiate the insured amount, adding cost and inconvenience to the client.

[A26B]

An Agreed Value policy guarantees the policy will pay the full insured amount of the vehicle with no depreciation in case of a covered total loss. A stated value policy does not promise upfront to pay this stated amount. In the event of a covered total loss, it may pay less than the stated amount, as the insurer has the right to pay the lesser of your collector car's depreciated actual cash value (ACV) or its replacement cost. Also, many insurers that offer stated value policies require periodic appraisals to substantiate the insured amount, adding cost and inconvenience to the client.

Right on! :cheers:

[Paul Workman]

An Agreed Value policy guarantees the policy will pay the full insured amount of the vehicle with no depreciation in case of a covered total loss. A stated value policy does not promise upfront to pay this stated amount. In the event of a covered total loss, it may pay less than the stated amount, as the insurer has the right to pay the lesser of your collector car's depreciated actual cash value (ACV) or its replacement cost. Also, many insurers that offer stated value policies require periodic appraisals to substantiate the insured amount, adding cost and inconvenience to the client.

Ah! Good to know the semantics! I'll take that up with my insurance guy tomorrow, as drivin' time begins, soon as the salt dust is washed off the roads.

This is a great board. Thanks for the clarification!

P.

[Brillo1990]

Get Ready to puke:$18K

Approx. 18,000 original miles
- Both tops
- All receipts & original window sticker
- Original paint
- Power steering
- Power brakes
- AM/FM, CD/Cassette player
- Power seats
- None nicer
That sucks, I guess the economy is worse than I thought it was or everyone is trying to steal the Z's. Oh well I plan to drive mine anyway, I didn't buy it for resale value anyway. :thumbsup:

[XfireZ51]

Dennis,

Thanks for the clarification.

Paul,

Keep me posted.

[mike100]

I bought mine because I wanted it...I'm pretty sure I'm going to lose money on this one. I actually almost broke even on my last LT1 6-spd. Drove the rear tires off it, through the rain, dirt parking lots, and whatever for a year and still got back all but $500 of my purchase price.

Maybe in 10 years- I've never kept a car that long though.