There goes the resale value

[mike100]

http://i29.photobucket.com/albums/c265/mschrameck/Cars/DSC03748.jpg


btw, I got 17 mpg on my last tank and it was kind of dull- just gonna smash on this tank...not like anybody will pay top dollar for it now:cry::):p

[USAFPILOT]

My 94 went over 50K this year...ugh.

[XfireZ51]

I think the hot setup is buying a high miler, rebuild the motor with some nice upgrades and then just enjoy driving the darn thing. Worrying about mileage accumulation ruins the whole experience. My BR ZR has 114k on the chassis but the motor has about 20k on it and the heads are recently updated. It has a liberating feeling to just enjoy driving the damn car and not always worry about the odometer.

[JThomas]

1992 ZR-1 #0068. 109,000 miles and counting! I'm not worried about resale, because I'll never sell it.

I know, I should never say never, but you get the idea. Drive it!

[LGAFF]

Once these car become true collectors mileage will only define how much "more" they are worth......look at 63s/BBs......basket cases for $20-30


How many guys sold their 63s/BB cars for 6-7K in the 80s and are kicking themselves now

[DaveK]

I'm with Joe. :cheers:

[rhipsher]

If you want something collectible then buy something thats collectible right now. Shelbys/SS Camaro's chavelles/Superbee/Super bird ect. None of us know what our Z's are gonna do on the collector market. The experts all say that there are still just to many low mile Z's out there.

[LGAFF]

Anyone read the Corvette marketplace mag article on the 5 most groundbreaking vettes of all time????

1)L88
2)63 Coupe
3)90-95 Corvette ZR-1
4)Callaway
5)01-04 Z06

[John Boothby]

If you buy these things for resale, you would be better off just buying some art to hang on the wall and look at! These will probably never appreciate like the mid-years. According to the newest Corvette Magazine even the new ZR1's are not collector cars. They built too many. Dealers are now discounting them to get rid of them! Our cars will always have the stigma of hard to find parts. People are just too leary of the parts issue even though for the most part that is just perception. I say, keep them maintained and drive em like you stole them!!

[tomtom72]

I remember when I watched mine flip over to 10k miles back in 05.....I was thinking it's just broken in right about now...then I just noticed that I'm at 49,009 just today, and I'm thinking yep, she's just about broken in right about now....awh heck, I have too much fun just driving her to stop and worry about what my odo reading is doing to her value. Heck, I paid for her, and I darn well am going to use her!

But....to some one else she ain't worth much, but I don't care about that because I bough her and I can't put a price on all those miles of smiles I've had with her. I guess I'm just not cut out to be a collector car owner!:p

:cheers:
Tom

[Kevin]

If you buy these things for resale, you would be better off just buying some art to hang on the wall and look at! These will probably never appreciate like the mid-years. According to the newest Corvette Magazine even the new ZR1's are not collector cars. They built too many. Dealers are now discounting them to get rid of them! Our cars will always have the stigma of hard to find parts. People are just too leary of the parts issue even though for the most part that is just perception. I say, keep them maintained and drive em like you stole them!!

perception is, unfortunately, reality. we do our best but the average person at a car show who can hardly spell zr-1 will say "oh that's one of them there 4 cam cars...ya can't find parts for them" Leave it be that way, I want prices to stay low for more than a few years so i can pick up a few at a low cost

[rhipsher]

You know this thread made me think. My 1968 Mustang fully restored is worth more than my ZR-1. But if the day ever came that I could only keep one and had to choose, the mustang would go without a second thought.

[jcruz]

Patience boys...prices will go up. In the meantime, I just picked up 1992 #043. Never in my life would I have ever dreamed that I could own a ZR-1...let own two! :)

[jrd1990zr1]

It is just a matter of a little time and a bit better economy. They are going to go up in value.

It wasn't that many years ago you could by a C-3 small block for a couple grand, maybe less. Look where they are now in price.

I think our ZR-1s get a bad rap, but it is the folks like Jerry, Brett and others who are having parts made who really deserve the credit for saving the value of our cars.

My $0.02 :cheers:

[cvette98pacecar]

I dont think the Market will ever sky rocket on our ZR1. There is a very small group that truly enjoys these cars and it is not going to get larger. With the C6 Z06 that put out more power, handle better, get twice the fuel economy and have every part still available the market wont grow. Now dont get me wrong When I drive my ZR1 I feel like I am in one of the best Corvettes that was ever built.

[Kevin]

I dont think the Market will ever sky rocket on our ZR1. There is a very small group that truly enjoys these cars and it is not going to get larger. With the C6 Z06 that put out more power, handle better, get twice the fuel economy and have every part still available the market wont grow. Now dont get me wrong When I drive my ZR1 I feel like I am in one of the best Corvettes that was ever built.

i didn't know the z06 gets 50 mpg highway

i think the main reason that the value on our zr-1's hasn't jumped up is the ncrs hasn't latched onto them yet...which is just fine by me

[HAWAIIZR-1]

Speaking of values, the July issue of Corvette Magazine has an article that although nice to see, I'm not sure where their information comes from. I personally don't care about value and want to just enjoy my ZR-1, but if there is some truth to the information it is good to see that the 90MY has jumped in value and mostly because it is the first year and I guess we hit over the 20 year mark?

I'm curious to see what happens over the next 10 to 20 years.

[mike100]

Well, it's really a matter of having your cake and eating it too. Low mileage, perfect interior, or a 450 hp driver with a few mods and a worn seat bolster?

Maybe I'll be able to pick up a second one someday and drive the uglier one into the ground.

But I have just one and at present, I just need to drive it a couple of times a week.

[C4Fan]

The C4 ZR-1 is a special Corvette that speaks to a wonderful period of time in my life. Twenty years later, I am able to afford one. It's the typical collector car cycle. For what it means to me personally, the C4 ZR-1 will always be "valuable". That said, I'm still surprised how little this fact is mentioned; in six years of total production only 6,939 C4 ZR-1s were crafted and that's a good bit less than the 10,594 split-window Coupes of that one single year in 1963!

[HIZNHRZ]

The C4 ZR-1 is a special Corvette that speaks to a wonderful period of time in my life...

Well said.

As I remember, nobody was talking about how valuable a C2 big block was going to become until it happened. I think what a C2 big block or even the C2 LT1 has in common with a C4 ZR-1 is they were all the hottest, most reveled suck it in, blow it out, go fast machines of their day.

I don't know if our ZR-1's will ever be worth much of anything. I don't really care. I own one because of how I feel when I drive it. My C6 Z06 is a better car, hands down, than every Corvette made before it. In their day the C1, C2, C3, and C6 were all good looking, brutally fast, and great road cars. For me, none of them "speak to a wonderful period of time in my life" like the C4 ZR-1.

This thread makes for interesting reading but there are as many reasons for our ZR-1's to one day be worth plenty as there are reasons for them to be worth little to nothing. A guy smarter than me said it best. "God is great, beer is good, people are crazy."

[C4Fanatic]

Put another 500 miles on mine yesterday driving home from Cedar Rapids, IA. Got 20mpg on the first tank.
It was hotter than hell out here in the plains yesterday, saw 104 at one point, but the A/C worked perfectly.
Oh, and they raised the speed limit on the interstates in KS to 75 finally, made the cruise from KC to Wichita a little quicker cruising at 83.:thumbsup:

God, I love this car and can't imagine not driving it.

[XfireZ51]

Drive one with a well tuned 500+ hp motor and
(quoting Charlton Heston), "...from my
cold dead hands" ;)

[cvette98pacecar]

Put another 500 miles on mine yesterday driving home from Cedar Rapids, IA. Got 20mpg on the first tank.
It was hotter than hell out here in the plains yesterday, saw 104 at one point, but the A/C worked perfectly.
Oh, and they raised the speed limit on the interstates in KS to 75 finally, made the cruise from KC to Wichita a little quicker cruising at 83.:thumbsup:

God, I love this car and can't imagine not driving it.

Dave, I am with you I passed on a Millennium Z06 to buy the Callaway body ZR1, I dont believe I will ever regret my decision. I thoroughly enjoy driving my ZR1 every chance I get.
If you bought a ZR1 for a investment, I suggest you hire a financial consultant.

[C4Fanatic]

AMEN BROTHER!

No regret in owning that beautiful car Robert...and ya gotta enjoy it

Damn! All this talk makes me want to take a drive...

[secondchance]

I remember when I watched mine flip over to 10k miles back in 05.....I was thinking it's just broken in right about now...then I just noticed that I'm at 49,009 just today, and I'm thinking yep, she's just about broken in right about now....awh heck, I have too much fun just driving her to stop and worry about what my odo reading is doing to her value. Heck, I paid for her, and I darn well am going to use her!

But....to some one else she ain't worth much, but I don't care about that because I bough her and I can't put a price on all those miles of smiles I've had with her. I guess I'm just not cut out to be a collector car owner!:p

:cheers:
Tom

I just got back from 4 day trip to Toronto - put about 1200 miles over Pennsylvania turnpie, I-79, I-90,I-190 and QE highway. I forgot to check but started out with about 118,000 - must be getting close to 120,000 - just breaking in.:cheers:

[Brillo1990]

If all I was looking for is an investment I would never have bought my ZR-1, it was built to be driven like any Vette was. I took mine out to Deadwood a few weeks ago and had a blast, I did one run at 156 mph but had to let off in 5th because I was catching a pickup truck fast. :-D I wanted to see just how fast I could get up to but there was just too much traffic on the Wyoming/Montana border. I will be taking mine to the track in Cedar Rapids in a month for some autocross practice again, now that's some fun.

[rudolph schenker]

I love the comments on this thread! I take my ZR-1 to a few car shows during the Summer, I usually take my C3 and my 04 supercharged C5. People always ask which one I like best,,,, my reply, all of them! But if I had to choose it would always be the Z! :worship:

[tomtom72]

I just got back from 4 day trip to Toronto - put about 1200 miles over Pennsylvania turnpie, I-79, I-90,I-190 and QE highway. I forgot to check but started out with about 118,000 - must be getting close to 120,000 - just breaking in.:cheers:

:mrgreen: <--- and I'll bet you looked like this while driving her!

[Shrek]

1992 ZR-1 #0068

COOL! My wife's 91 is #0068

She's put more miles on it in the last 2 years than she did the first 7 years she owned it.

[secondchance]

:mrgreen: <--- and I'll bet you looked like this while driving her!
On the way up-most definately. On the way back 3 nights of partying had caught up to me- tired and hung over.:sleepy1:

[HAWAIIZR-1]

On the way up-most definately. On the way back 3 nights of partying had caught up to me- tired and hung over.:sleepy1:

Yun,

So what you are saying is there is no way to meet me in Seoul next week for more partying........................?

I'll try to stay out of trouble:censored:

[secondchance]

Yun,

So what you are saying is there is no way to meet me in Seoul next week for more partying........................?

I'll try to stay out of trouble:censored:

Craig,

Morning after I always say "I will never drink again-'till tonight".:cheers:

[HAWAIIZR-1]

Craig,

Morning after I always say "I will never drink again-'till tonight".:cheers:

Thanks, I'll remember that and will try to also stay away from the soju. :handshak: