FS: 1994 ZR1 5900 miles by Original Owner Red Exterior, Red Interior

[ManPro]

For sale by original owner. 1994 Corvette ZR1 red exterior and red interior. Only 5900 original miles. No issues. 100% original. Located close to Detroit Michigan. Please PM with any questions. Asking $39,800 or best. Thanks for looking.

Lots of photos here:

http://s294.photobucket.com/user/Samcrac/slideshow/94%20ZR1

http://i294.photobucket.com/albums/mm92/Samcrac/94%20ZR1/20160603_121924_zpsdypuo93x.jpg (http://s294.photobucket.com/user/Samcrac/media/94%20ZR1/20160603_121924_zpsdypuo93x.jpg.html)
http://i294.photobucket.com/albums/mm92/Samcrac/94%20ZR1/20160603_122049_zpsfkpv8ixi.jpg (http://s294.photobucket.com/user/Samcrac/media/94%20ZR1/20160603_122049_zpsfkpv8ixi.jpg.html)
http://i294.photobucket.com/albums/mm92/Samcrac/94%20ZR1/20160603_120804_zpso7epzcdl.jpg (http://s294.photobucket.com/user/Samcrac/media/94%20ZR1/20160603_120804_zpso7epzcdl.jpg.html)

[KILLSHOTS]

Beautiful car! You're at least $10K too high, though.

[5ABI VT]

beautiful car! If I had the money.. I would pay it. So as long as there is 1 person out there.. its not too high to me. i think it might be a little low personally :cheers:

[DRM500RUBYZR-1]

Beautiful car! You're at least $10K too high, though.

Price MAY be high, but it is like beach front property; they are not making more of them!

Good luck with your sale, and YES, Beautiful ZR-1!
:cheers:
Marty

[George Maz]

Priced right where a low-mileage ZR-1 should be, although it might be a while before someone makes an offer. Engine and interior pictures would be nice. I bet it drives smooth as silk with some new tires.

[ManPro]

Thank you for opinions on this. I am willing to discuss the price for a serious inquiry. Thank you again for the feedback!

[Performawheels]

GLWS. Beautiful car.


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[KILLSHOTS]

Priced right where a low-mileage ZR-1 should be.

Based on...?

[ManPro]

Based on...?

Killshots, why so mad bro? It's only a for sale thread!

[We Gone]

10-15 years ago that price would have +6-10K. GLWS, Very nice example of a ZR-1.

[Performawheels]

Not a huge fan of how the for sale threads for cars have been going lately. IMHO there seems to be a ton of focus on advising people they are asking too much. A car is worth what someone is willing to pay...and it never hurts to start high, because you can always come down. Just my .02 cents


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[Jagdpanzer]

I my opinion we should be fair to the OP and allow him opportunity to explore the market opening with what he feels his car is worth. I know I would like to be treated the same. I see no reason why he shouldn't get top dollar for such a fine mint condition ZR-1. Love the the color combo. GLWTS

[Blue Flame Restorations]

I my opinion we should be fair to the OP and allow him opportunity to explore the market opening with what he feels his car is worth. I know I would like to be treated the same. I see no reason why he shouldn't get top dollar for such a fine mint condition ZR-1. Love the the color combo. GLWTS

Absolutely. It's his car. Why interfere with his For Sale ad??????

[Fully Vetted]

I agree. Why comment at all unless you're praising him on a beautiful car? The market will determine whether he's asking to much. There will not be many Z's with under 6k miles on them. That makes this special corvette even more special. If you're interested in it PM the seller and start negotiating if you think it's too high. Otherwise, butt out.

[Z51JEFF]

I'm also of the opinion that if somebody isn't interested in a specific car why comment on its value if it's not asked for. Beautiful car,I'm the type of buyer that if it's the right car I'll pay the asking price,within reason and this car is within reason.

[Mystic ZR-1]

Hate... it's such a harsh word...

Don't think there's any in this Brotherhood!

Good luck with the sale.
A rising tide lifts all boats!

[Z51JEFF]

It's a forum, not an autolocator, it just kind of comes with the territory. That being said, saying the price is too high is no worse than the guys saying it's too low. If it's too low why is it still for sale, or why aren't they buying it? Also, it is too high...by probably 8k. Don't hate the people, hate the zr1 market. (which is I guess the people, so maybe you're okay hating them too...)

That and all this discussion is free bumps to keep his ad at the top so the seller shouldn't be too upset.

Who said anything about hate? My point being if somebody's not interested in what the guy has for sale then people should just STFU.

[Vette73]

I agree. Why comment at all unless you're praising him on a beautiful car? The market will determine whether he's asking to much. There will not be many Z's with under 6k miles on them. That makes this special corvette even more special. If you're interested in it PM the seller and start negotiating if you think it's too high. Otherwise, butt out.

Have to ask, what's FBI liposuction? I'm guessing fully ported...???

[Mystic ZR-1]

Nothing personal, I understand what you mean.
That word is thrown around today like
it has no meaning...

[KILLSHOTS]

"Don't hate the player, hate the game." I don't know if Ice-T was hated or not. I don't think there is any real hate in here.

That being said, the owner has three posts on the forum and may not have seen the 20 other cars for sale on the forum this year to know that his car isn't going to sell for what he's asking, despite what several dreamers on here would like to think.

Yep, great point.

See, if my friend is drinking too much and about to lose his job, but dreaming that he isn’t, I’m the type of guy who levels with him. If my friend’s wife is cheating on him, but dreaming that she isn’t, I’m the type of guy who levels with him. If my friend has an unrealistic view of what his car is worth, because he lives inside a very small bubble that includes only other guys who happen to own the exact same car he owns – but who are not stepping up to write a check for his unicorn and rainbows asking price – I’m the type of guy who levels with him.

I lost my shirt on a ZR-1, but I still love them. I honestly wish you guys the best with your values. (As a disclaimer, the value of my Stingray is falling like a rock, so I know how it feels. Again.)

[Z51JEFF]

"Don't hate the player, hate the game." I don't know if Ice-T was hated or not. I don't think there is any real hate in here.

That being said, the owner has three posts on the forum and may not have seen the 20 other cars for sale on the forum this year to know that his car isn't going to sell for what he's asking, despite what several dreamers on here would like to think.

Just curious,what do you think the car is worth? I know what the cars worth but you seem to know a little more than those of us that have been here for awhile so throw a number out there.

[A26B]

...........In today's market there probably isn't a 39,000 dollar production ZR1.

There are production ZR-1's that have sold for much more in recent times, but they are what i would refer to as museum quality, very low miles, well under 500. I sold a 1993 40th Anniv Ruby ZR-1 4 years ago for $57,000.00. It had 168 documented miles.

Admittedly, the market is very thin for ZR-1's like this but it is still viable. Selling one will take time & running ads in Hemmings, DuPont & listing on the web where a google search will find it.

In my opinion, the most valuable production run ZR-1's will be 95's & 93 Ruby ZR-1's. It's a toss-up which of those two is on top, but it really doesn't matter.

To the subject matter of this thread, 1994 ZR-1 with 5900 miles & original. It's going to fall in between the museum grade requirements and the "driver," due to the miles and model year. I think the 94 model would rank 3rd on the list, simply because it's so close to the 95 in refinements and the production run of both years combined is far less than either 1990 or 1991.

All things considered, I think the Seller of the 1994 w/5900 miles is asking a reasonable price. Just advertise & be patient. It may take a couple of years. If selling is an urgent issue, then it's going to affect the sales price.

[DRM500RUBYZR-1]

There are production ZR-1's that have sold for much more in recent times, but they are what i would refer to as museum quality, very low miles, well under 500. I sold a 1993 40th Anniv Ruby ZR-1 4 years ago for $57,000.00. It had 168 documented miles.

Admittedly, the market is very thin for ZR-1's like this but it is still viable. Selling one will take time & running ads in Hemmings, DuPont & listing on the web where a google search will find it.

In my opinion, the most valuable production run ZR-1's will be 95's & 93 Ruby ZR-1's. It's a toss-up which of those two is on top, but it really doesn't matter.

To the subject matter of this thread, 1994 ZR-1 with 5900 miles & original. It's going to fall in between the museum grade requirements and the "driver," due to the miles and model year. I think the 94 model would rank 3rd on the list, simply because it's so close to the 95 in refinements and the production run of both years combined is far less than either 1990 or 1991.

All things considered, I think the Seller of the 1994 w/5900 miles is asking a reasonable price. Just advertise & be patient. It may take a couple of years. If selling is an urgent issue, then it's going to affect the sales price.

:thumbsup::thumbsup:

Although I would also suggest a THOROUGH detail, then new and many more pictures.
No dust on the steering column or bugs and fine haze on the paint, etc.
Make it look like the 5900 miles that it is!
Again, beautiful car, and GLWS!
:cheers:
Marty

[DRM500RUBYZR-1]

The ONLY person who knows what the car is worth is the buyer waiting out there to pick it up. It's worth what someone is willing to pay. And as long as it remains unsold, that number remains undetermined. Everything else is just an educated guess.

That being said, I'm not the only person on the forum who thinks that number is unrealistic. I'm not even the one who brought it up in this thread. And there have been lots of members who shared my opinion in other for sale threads.

I threw my estimate out in post number 17. I think 32,500 is about where the market is at on a car like that.




This is the most common exterior color for that generation and second most common color over all the production and probably one of the least desirable color combinations. Pretty much any ZR1 with more than 1000 miles on it is a driver in the current market. Unless you're willing to take a big gamble and have money to spend. If that 40k were put towards a clean 911 you'd have a car that was almost guaranteed to appreciate.

And a sale 4 years ago isn't a sale today. If you have to wait two years to sell a car when advertised properly, it means that you're probably asking more than market value. Eventually with any collector car, you can find someone to pay too much. That takes more time.

They just aren't selling for what people are asking. And the valuation guides haven't caught up yet to the drop in the market.

4-5 years ago I bought a parts car (repairable), with a salvage title, 80,000 miles, just rear fiberglass damage for 10k. I picked it up on my trailer. Very clean car aside from the damage. New injectors and fuel pumps in the last year before it was wrecked, well maintained.

Two years later I bought a complete engine on here, ECU to oil pan, 120,000 miles for 2300.00.

A couple weeks ago I bought another parts car. 29,000 miles, clean title, suspension damage in one corner. New NOS front and rear bumper covers, NOS rear surround, original wheels and original tires in like new condition (weren't on the car when it was wrecked), original windshield with no delamination. 7500 shipped from the state of Washington to PA. So take 1200 out for the shipping and I paid 6300.

I just bought a NOS 1991 engine harness for 390.00.

The market has dropped out on everything ZR1. Look at the memorabilia for sale on here right now. People are cashing out of everything ZR1, including cars. When I can pick from 20 extremely nice ZR1s any day of the week, a car like this isn't going to bring 40k.

Change the color to black rose and drop the mileage to sub 2500 and I think he'd have a 37k car.

That being said, I'm finished in here. I started a valuation thread for this discussion but both sides would rather discuss it in the for sale section.


So let's summarize your basis for your "Estimate".

Because your personal experience in buying salvage or in common parlance, junk, has seen low or falling prices, you conclude that near museum quality or concours capable car values behave the same way.

Really?

Why not this.

As junked ones become less expensive because they are more plentiful, the population of remaining quality ones diminishes. As this trend continues, the only result is higher prices for those that remain.

At any rate, there will always be buyers at both ends of the spectrum.
Some want cheap, while others want the best.
Neither buyer has much interest in the other.
Price is determined as much by supply as it is by demand.
My first comment on this topic was " they are not making more of them".
As time goes by, that will continue to drive the price more and more.

OP - Yet Again; Beautiful car, and GLWS!
:cheers:
Marty

[G8nightman]

This thread should be called invest in a zr1 101 lol OP good luck with your Z its a beauty!

[Z51JEFF]

Thanks to you SPORK you have succeeded in turning the OPs thread into total crap. I'd be pissed if it were my thread. MODERATOR,this train wreck needs to be locked. It's now turned into a tit for tat thread that's never going to end. To those of use that have been around for years you can sure tell who the new people are. WE are respectful of one another and would never polute someone's thread in such a way that has been done to this one,we just don't do that. I will say this,the fact that the car is low miles,one owner and a color combo not too common on the 405 HP cars makes it stand out. SPORK,please don't respond to this,I don't need anymore of your -reasoning- in regards what the cars worth.

[spork2367]

Thanks to you SPORK you have succeeded in turning the OPs thread into total crap. I'd be pissed if it were my thread. MODERATOR,this train wreck needs to be locked. It's now turned into a tit for tat thread that's never going to end. To those of use that have been around for years you can sure tell who the new people are. WE are respectful of one another and would never polute someone's thread in such a way that has been done to this one,we just don't do that. I will say this,the fact that the car is low miles,one owner and a color combo not too common on the 405 HP cars makes it stand out. SPORK,please don't respond to this,I don't need anymore of your -reasoning- in regards what the cars worth.

I already left the thread. Not only that, there were numerous comments about the price before mine. Now you're just cluttering it up more and trying to get the last word. Grow up. There are two other threads for this discussion.

[Kevin]

Alright guys I'm not home right now so I'm locking this till I get home and sort through this. Some of you maybe taking vacations depending on what I find.