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Bob Eyres
01-28-2014, 11:04 AM
I was checking out the current N.Y.Times article on the auction season, and noticed the Red/Red 67' L88, (#2 in the slide show).

http://www.nytimes.com/slideshow/2014/01/26/automobiles/collectibles/26auction-slides-2.html

It took me back to Nov.94' when my son and I flew out to Corvette Mike's in L.A. to purchase and pick up my ZR-1.
My white car was parked next to this Red/Red mid-year, a beauty. When they popped the hood I was blown away, a big, bad, original L88! I had seen two of these before, but this one was impressive. Totally restored, with an asking price of $500K.
Same car, this month at Barrett Jackson, went for $3,900,000.00. Not too bad as an investment. But too rich for my blood.

FU
01-28-2014, 04:53 PM
I did a back flip over not only that 67 but the price too.

Bob Eyres
01-29-2014, 11:37 AM
I'm not that great at math, but on that day in 94' my car was worth 1/15th of what the L88 was, and today it's worth 1/200th the price of the 67'.

It's kinda getting like the pay differential between me, and the CEO's of the companies I work for. I don't like the way things are trending. :icon_scra :dontknow:

BigJohn
01-29-2014, 06:30 PM
Just because some one pays that much for the car; doesn't make it worth that much!!!
The next time that car sales; it might sale for 1/3rd that price!!!

Blue Flame Restorations
01-29-2014, 06:37 PM
Sometimes you only have one way to go when you're on top of the mountain.

Stupid money is always stupid though.

scottfab
01-31-2014, 11:45 AM
I'm not that great at math, but on that day in 94' my car was worth 1/15th of what the L88 was, and today it's worth 1/200th the price of the 67'.

It's kinda getting like the pay differential between me, and the CEO's of the companies I work for. I don't like the way things are trending. :icon_scra :dontknow:

Ain't that the truth.

edram454
01-31-2014, 11:36 PM
We have a local club patron who has a stable of corvettes since he had a corvette shop and worked on them for many years. He has a white 1967 L-88 coupe. He drives it to our yearly shows. Many years ago we had an outing to Moroso Motorsports park and he brought it out to make a few runs. On cheater slicks and a basic tune it ran 11.50 in the quarter. Of course this thing uses race gas etc... It has a history that included drag racing with the first owner. He had a nickname (the flying dutchman) and this was his car. I always get blown away when Dave drives his 1967 L-88 to our shows. I thought it was always worth some money but never what they are bringing now. I would be surprised if I saw Dave drive up in this car again. This is an ORIGINAL 1967 L-88!!

ed ramos #3028

Schrade
01-31-2014, 11:39 PM
My sort-of brush with greatness? (glad you asked)

I borrowed '94 FSM from local Bowtie dealer a few years ago. It had Gordon K's number inside the back cover. :dancing

scottfab
02-01-2014, 10:19 AM
I've had a few moments:
http://zr1.net/forum/picture.php?albumid=246&pictureid=2185

http://zr1.net/forum/picture.php?albumid=199&pictureid=2276