95' ZR-1 at Barrett/Jackson - Palm Beach -$23K

[Bob Eyres]

Black on Black 95' ZR-1 just hammered down for 23 thousand dollars.

Well promoted, clean, unmodified. Gorgeous. As the Prez would say....SAD.

The frosting on this is the car that preceded it on the auction block. 1969 Camaro, undistinguished dark green, dog dish hubcaps, non-original big block.
It sold for $45K...Forty Five Thousand Dollars!..But it was a "COPO TRIBUTE":rolleyes::eek::jawdrop:
The big block under the hood had Edelbrock equipment all over the engine, so it wouldn't be mistaken for a real COPO, just a Hot Rod Camaro


The C4 ZR-1 should have a new slogan- "Ten Times the Car for Half the Price".

[PhillipsLT5]

yep, a steal, 23+fees, seller can not be happy, buyer got a great deal

[cruban]

yep, a steal, 23+fees, seller can not be happy, buyer got a great deal

Yup and sad

[Vette73]

I posted the same thing also...Did not see your previous post......Funny thing about this,Mr Jackson came on and says-we have a special car coming up on the block, a 1995 ZR-1...

I'm pretty sure this was one of the, if not the lowest priced cars to cross the block..........

Announcers always say the same thing, to many similarities to the standard C-4 corvette......Side to side almost impossible to tell them apart.....They sound like a broken record....

[Bob Eyres]

Yes, but is there any doubt that if they had put a higher rise hood, big wing on the back, some bolder graphics on it from the factory, it would be a magnet for those guys that have to show off “something special”?
That’s what pumps up the big bucks at auction.
But, what we’ve got is a car that everyone on this forum can tell at a glance. I prefer that.


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[spork2367]

C3's are on the rise by the looks of things.

But if you want something that makes no sense, look at this:

https://azure.barrett-jackson.com/Events/Event/Details/1990-CHEVROLET-CORVETTE-ZR1-213316

1990 went for 44k....

And this was the third time I've heard them comment about how collectible these are going to be.

That 95 doesn't look to have zr1 offset rear wheels. And Kumho doesn't make the Ecsta SPT in a 315/35r17, only the Ecsta XS.

[JThomas]

[QUOTE=Vette73;277538]I posted the same thing also...Did not see your previous post......Funny thing about this,Mr Jackson came on and says-we have a special car coming up on the block, a 1995 ZR-1...

I'm pretty sure this was one of the, if not the lowest priced cars to cross the block..........

Announcers always say the same thing, to many similarities to the standard C-4 corvette......Side to side almost impossible to tell them apart.....They sound like a broken record....[/QUOTE
]
When describing the car, one of the commentators described the motor as an LTS, instead of LT-5! They are reading a script and sometimes know nothing about these cars.

[Vette73]

C3's are on the rise by the looks of things.

But if you want something that makes no sense, look at this:

https://azure.barrett-jackson.com/Events/Event/Details/1990-CHEVROLET-CORVETTE-ZR1-213316

1990 went for 44k....

And this was the third time I've heard them comment about how collectible these are going to be.

That 95 doesn't look to have zr1 offset rear wheels. And Kumho doesn't make the Ecsta SPT in a 315/35r17, only the Ecsta XS.

44 K? Sold? If so, that has to be the highest Z I have seen since I bought mine back in 14.....The 95 did not have the correct wheels......23K for a car w 4K miles....Buyer got a very good deal....Last year of production, good color combo....

What I do notice when it comes to the C3 ( have my 73 vert for 16 years now),the 80-81 vettes are going up in price.......Some are fetching very close to,or even 20 K...Years ago a nice example, if I'm not mistaken,took in around 12-13 K...

The style of those cars scream 80's, so I guess people who grew up in that era are fetching them ....

Next it will be the 80-81 turbo trans am....Owned the white pace car back in 86.......Went for a drink in windows on the world ( trade center)..Parked in front of 20 Vesey street ( Sunday night ) ..Came out 90 mins later, car was gone....

Oh well.....

[KILLSHOTS]

With the exception of the '90 that sold for $40K (before premium) all the numbers seem to be in the toilet. The values of ZR-1s absolutely suck right now, but someone STOLE that black '95.

What really shocked me was a blue 1970 REAL LT1 Vette that sold at only $34,500. It was immediately followed by a yellow 1970 302 Mustang to which someone had affixed Boss 302 stickers and ugly chrome wheels. It fetched $38,500. WTH? Auctions are weird; "valuations" don't really matter if you have 2 or more people in the same room who really want something. Or, if you don't, as was the case with the black '95.

[spork2367]

With the exception of the '90 that sold for $40K (before premium) all the numbers seem to be in the toilet. The values of ZR-1s absolutely suck right now, but someone STOLE that black '95.

What really shocked me was a blue 1970 REAL LT1 Vette that sold at only $34,500. It was immediately followed by a yellow 1970 302 Mustang to which someone had affixed Boss 302 stickers and ugly chrome wheels. It fetched $38,500. WTH? Auctions are weird; "valuations" don't really matter if you have 2 or more people in the same room who really want something. Or, if you don't, as was the case with the black '95.

I'm curious about the 1995. Low mileage, but title reads mileage exempt...Wrong size/offset wheels on a low mileage car? Engine bay looked clean though.

But yeah, zr1 prices are low and dropping. And with corvette values in general, the perception of high maintenance costs, etc., I'd say they are doomed to stay low for the foreseeable future. Someone who did zero research bought the 1990. C3 prices surprised me a little.

Some other odd prices too. Restored 1977 Land Cruiser, completely back to stock....23k. They had been in the stratosphere. Restored 1936 Rolls Royce for 40k. Restomods, chevelles, camaros, mopars, all originally 6 cyl. or small V8 cars with non original engines and ugly wheels going for 30-50k.

Nice restomod pickups are still selling low. You couldn't come close to building one for what they are selling for. Hell, you'd be hard pressed to do the body work and paint for what some have gone for.

[Mystic ZR-1]

COPO Tribute?
Taxi cabs are COPO cars....
Sorta like Big Blocks, no big deal,
you could get a Big Block in a
school bus or dump truck...
😋

[WARP TEN]

I'm curious about the 1995. Low mileage, but title reads mileage exempt...Wrong size/offset wheels on a low mileage car? Engine bay looked clean though..........


Illinois is one of the states that doesn't put miles on a title with older cars. I really hate it but that's what they do. So the title says "mileage exempt". That happened when I registered my '95 back in 2012. It had 21,000 miles on it -- which should make it more valuable--but the Illinois DMV would not put it on the title, despite my having a mileage statement filed with the state of California by the seller. Oh well. I just kept detailed service records to show the mileage. --Bob

[spork2367]

COPO Tribute?
Taxi cabs are COPO cars....
Sorta like Big Blocks, no big deal,
you could get a Big Block in a
school bus or dump truck...
😋

I laugh at the same thing. Yenko tribute? I get that. COPO tribute? That's like a tribute to paperwork... My dad's 97 Chevy 3500 van with a 454 is technically a "COPO." His buddy who was a fleet manager slipped the order in so my dad didn't have to wait as long to get the special combo he wanted. Can't wait to cash in on that...lol.

Illinois is one of the states that doesn't put miles on a title with older cars. I really hate it but that's what they do. So the title says "mileage exempt". That happened when I registered my '95 back in 2012. It had 21,000 miles on it -- which should make it more valuable--but the Illinois DMV would not put it on the title, despite my having a mileage statement filed with the state of California by the seller. Oh well. I just kept detailed service records to show the mileage. --Bob

Makes sense. I think the 91 parts car I bought from Washington says exempt on the title.

The picture of the inside of the car makes me wonder. Seats look like more than 5400 miles. And the carpet is filthy. Who the hell doesn't vacuum the carpet to take pictures for Barrett Jackson?

[Mystic ZR-1]

Your Dad's COPO/Big Block has to worth $$$
😋

[Vette73]

I'm curious about the 1995. Low mileage, but title reads mileage exempt...Wrong size/offset wheels on a low mileage car? Engine bay looked clean though.

But yeah, zr1 prices are low and dropping. And with corvette values in general, the perception of high maintenance costs, etc., I'd say they are doomed to stay low for the foreseeable future. Someone who did zero research bought the 1990. C3 prices surprised me a little.

Some other odd prices too. Restored 1977 Land Cruiser, completely back to stock....23k. They had been in the stratosphere. Restored 1936 Rolls Royce for 40k. Restomods, chevelles, camaros, mopars, all originally 6 cyl. or small V8 cars with non original engines and ugly wheels going for 30-50k.

Nice restomod pickups are still selling low. You couldn't come close to building one for what they are selling for. Hell, you'd be hard pressed to do the body work and paint for what some have gone for.

In my experience watching Barrett Jackson , I get the impression a lot of these buyers have disposable income and want what they want, not that there is anything wrong with that...
By the time Saturday rolls around the prices of these cars tick up quite a bit....
Auctions are tough to gauge market value as many of you know already, especially if disposable income is on hand......House paid off, tons of equity,or they sold there cannabis stock at the right time....Unlike me, I got in too late, maybe,will see...

[USAFPILOT]

Guess that shows us where the market is

[USAFPILOT]

It had the wrong wheels on it and was pretty dirty...the red 95 was the better car and it sold for way better money

[spork2367]

Guess that shows us where the market is

Not really. But it shows where the market isn't. Correct wheels for the 95 and a detail job are cheap (relatively). It shows that the market on low mileage late production cars isn't skyrocketing.

It had the wrong wheels on it and was pretty dirty...the red 95 was the better car and it sold for way better money

The 1990 was the clean red car. That was stupid money for that car. There are literally better deals on ebay right now. Like this one:

https://www.ebay.com/itm/Corvette-ZR-1/162892027930?hash=item25ed1f181a:g:oKYAAOSwWwVa0Bf p&vxp=mtr

or this car which is a forum member:

https://www.ebay.com/itm/1991-Chevrolet-Corvette-ZR1-with-4950-miles/232732594163?hash=item362ff18ff3:g:wyIAAOSwmWVawtd G&vxp=mtr

[KILLSHOTS]

The 1990 was the clean red car. That was stupid money for that car. There are literally better deals on ebay right now. Like this one:

https://www.ebay.com/itm/Corvette-ZR-1/162892027930?hash=item25ed1f181a:g:oKYAAOSwWwVa0Bf p&vxp=mtr

or this car which is a forum member:

https://www.ebay.com/itm/1991-Chevrolet-Corvette-ZR1-with-4950-miles/232732594163?hash=item362ff18ff3:g:wyIAAOSwmWVawtd G&vxp=mtr[/QUOTE]



Yep. Why that buyer didn't simply do some research just boggles my mind. I recently walked away from a 400-mile red '90 at $26K, and this guy paid $44K (including buyer premium) for one with 6000 miles???? Even if that car is perfect in every way and needs nothing, he just took a $15K-plus bath.

[lfalzarano]

Can we only have positive comments...


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[spork2367]

Can we only have positive comments...


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I'm positive the guy who spent 44k wasted a ton of money...

[merc64]

Ok, that was funny...

[KILLSHOTS]

Can we only have positive comments...


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Sure, no problem. Here in the ZR-1 Land of Make Believe, where they're ALL worth 6 figures...

[rossgn49u]

Just sold for $16,500 at Leake Auction in Dallas. I bid up to $16k online, but just couldn't go any higher without a test drive.

https://www.leakecar.com/vehicle/32049/1990-Chevrolet-Corvette-ZR-1/

[jss06c6]

Ok, so following the illogical trend.. if we took a high mileage ZR-1, put a killer paint job on it, customized the interior, put a twin turbo LS7 in, spent $30k on a killer audio system, put the suspension on the ground and some fancy wheels with plenty of bling....we could expect say, $55-65k at auction for an investment of $100k plus.. seems a clean, straight, well cared for ZR-1 is a better sell, even at $20K...

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[spork2367]

Ok, so following the illogical trend.. if we took a high mileage ZR-1, put a killer paint job on it, customized the interior, put a twin turbo LS7 in, spent $30k on a killer audio system, put the suspension on the ground and some fancy wheels with plenty of bling....we could expect say, $55-65k at auction for an investment of $100k plus.. seems a clean, straight, well cared for ZR-1 is a better sell, even at $20K...

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Nope, it’s a c4. Still worth nothing...lol.

[Mystic ZR-1]

FWIW: Another ZR-1 sold on BaT today.
1993, Black/Black, 22k miles, a few issues but not bad.
Not as nice as the 6k mile 90 that sold the other day.
Sold for $22k.

[DRM500RUBYZR-1]

Sure, no problem. Here in the ZR-1 Land of Make Believe, where they're ALL worth 6 figures...

And what did you pay for yours?
:cheers:
Marty

[TX '90 ZR1]

OK Guys & Gals;
I'm a little hesitant to jump in here, but I have noticed a disturbing trend. May get some negative feedback, but I've been around the block more than once and it will run off like water on a ducks back!
Seems like every time a car sells for less than some think it should the reaction is "Our cars are not worth anything and will be worth less tomorrow". I sometimes wonder if these actually own one.
If a car sells for more than some think it should we see "They will never get their money out of that one!". I also wonder if these own one.
Every car is different. Every situation is different. Most (definitely not ALL) buyers have some knowledge of the value of vehicles they buy.
If one sells for less than expected I would think there are possibly issues with the car that will require some investment to correct. If not, the buyer got a "good deal". And good for them!
If it was really "Too cheap", why did the commenters that indicate it was below value not buy it?
On the other side of the coin, the cars that sell for "Too much" may be a completely vetted car and exactly what the buyer was looking for. If in an auction setting, it takes more than 1 bidder to get to the selling price. (Qualify that with if an inexperienced buyer and gets run by the auctioneer).
If the buyer is happy with their purchase, again, good for them!
Our cars, and most speciality cars, are not to be looked at as a financial investment opportunity. If you expect to come out ahead financially, put your money somewhere else and skip all the work.
But, if you are passionate about a vehicle, enjoy driving it, enjoy the time and effort involved to keep it in condition, you have discovered the real investment value. All things are not tied to the "$" sign.
I will most likely sell my ZR-1 some day. If I kept an accurate accounting of the dollars invested I am confident the bottom line would not be pretty. I take satisfaction from both driving and working on the car to make it the best it can be. This is where the real value is.
2 Cheers !! :cheers: :cheers:

[shawn8492]

I have wanted a 90 ZR-1 since they came out. I always bout the newer Corvettes like a C5 then a C6 (not brand new) that were about the same price as ZR-1s.
After having the newer Corvettes, I realized the C4's were truly my favorites. Also, after watching ZR-1 prices for years, it looked like they had bottomed out.

I didn't buy my car as an investment, but I wanted to get one while they were at the bottom but had stopped dropping, which is where I feel like they are today.

I love my car and I am not losing money like I would if I had bought a newer Corvette.

I think one day we will be a lot happier with the auction prices, but it may be a while.
Shawn

[zr1assassin]

Guys, this is an easy fix (if there is even a problem). Everyone that owns one currently, only sell at a "high" price...thats it, you controls the value. If everyone sells "low" then the purchase market is low. If you don't want the value dropping don't sell for anything less that what you think it's worth.

[TX '90 ZR1]

Guys, this is an easy fix (if there is even a problem). Everyone that owns one currently, only sell at a "high" price...thats it, you controls the value. If everyone sells "low" then the purchase market is low. If you don't want the value dropping don't sell for anything less that what you think it's worth.

As we sometimes say here in Texas, "You have your head on straight". My only correction would be that it does not need to be a "high" price, but a reasonable price for value received.
=D>

[Ccmano]

I think the graphic here says it all. These are the high and low prices by generation from the 2018 Meccum Auction in Kissimmee. The C4 “high” was a 1990 ZR-1 with under 3k miles I believe. Looking at the “High” side it’s obvious that the C4 is currently at the bottom of of the food chain and as we know has been for a while. I suppose on the positive side it allows the less affluent of us to enjoy a vehicle that might otherwise be out of reach.
H
:cheers:

http://a63.tinypic.com/2n7e5io.jpg

[spork2367]

Seems like every time a car sells for less than some think it should the reaction is "Our cars are not worth anything and will be worth less tomorrow". I sometimes wonder if these actually own one.

Our cars, and most speciality cars, are not to be looked at as a financial investment opportunity. If you expect to come out ahead financially, put your money somewhere else and skip all the work.
But, if you are passionate about a vehicle, enjoy driving it, enjoy the time and effort involved to keep it in condition, you have discovered the real investment value. All things are not tied to the "$" sign.


So you think people aren’t honest about owning them?... While there are lots of trolls out there, I can’t say I’ve seen any here. There are people here who don’t own zr1s anymore, but I don’t think anyone is being misleading about that. I think the cars aren’t worth a lot compared to similarly performing and priced cars of the time period. And I own a car, parts car, complete engine and what feels like enough parts to support a small fleet of zr1s. Because I love them. That doesn’t stop me from being a realist.

Your second point is exactly why some people don’t like being realistic about prices. There are a lot of owners who bought these cars thinking they were going to be the owners who saw them turn the corner on valuation and start appreciating. Unfortunately, with the exception of a few small up ticks, they’ve done nothing but depreciate, and continue to.

I didn't buy my car as an investment, but I wanted to get one while they were at the bottom but had stopped dropping, which is where I feel like they are today.

I think one day we will be a lot happier with the auction prices, but it may be a while.
Shawn

They are still dropping, with the exception of 94s and 95s which are just flat. Unfortunately, some parts are getting hard to find. And as people start putting miles on the vast amount of low mileage cars and need parts, well...we haven’t seen the end of cheap cars. There simply aren’t enough spare parts to support 6000 some aging cars.
Guys, this is an easy fix (if there is even a problem). Everyone that owns one currently, only sell at a "high" price...thats it, you controls the value. If everyone sells "low" then the purchase market is low. If you don't want the value dropping don't sell for anything less that what you think it's worth.

The sarcasm is strong with this one.

[TX '90 ZR1]

So you think people aren’t honest about owning them?... While there are lots of trolls out there, I can’t say I’ve seen any here. There are people here who don’t own zr1s anymore, but I don’t think anyone is being misleading about that. I think the cars aren’t worth a lot compared to similarly performing and priced cars of the time period. And I own a car, parts car, complete engine and what feels like enough parts to support a small fleet of zr1s. Because I love them. That doesn’t stop me from being a realist.

Your second point is exactly why some people don’t like being realistic about prices. There are a lot of owners who bought these cars thinking they were going to be the owners who saw them turn the corner on valuation and start appreciating. Unfortunately, with the exception of a few small up ticks, they’ve done nothing but depreciate, and continue to.



They are still dropping, with the exception of 94s and 95s which are just flat. Unfortunately, some parts are getting hard to find. And as people start putting miles on the vast amount of low mileage cars and need parts, well...we haven’t seen the end of cheap cars. There simply aren’t enough spare parts to support 6000 some aging cars.


The sarcasm is strong with this one.

All comes back to perspective. Is your glass half full or half empty?
I honestly do not know who here currently owns a C4 ZR-1. If they do, what is the reasoning behind negatively commenting? As I stated in my comments, the "$" should not be the over riding factor in determining value of ownership.
I purchased a '90 red on red (they ARE the fastest ones!) brand new in 1990. Gladly paid sticker price. Drove the He double L out of it. A couple of years later I sold it with just less than 30k on it for half of purchase price. I feel I got what I signed up for. I did not buy it for a financial investment, but an investment in enjoyment.
The '90 I currently own is an exact duplicate to the previous one. Again, I look at it as a source of enjoyment.
As previously stated in my comments, investing in these or any other speciality car for solely financial gain is more times than not an effort of futility.
I agree that replacement parts may become short in supply. However, true enthusiasts will easily overcome the defeciencies as they arise. A portion of my background is resurrecting unusual aircraft from despair into an operational state. You don't get to call the local parts store and have it delivered in the morning! Figure it out, make it, or find someone who can.
To the final point. Sarcasm may or may not have been intended. I do know for a fact that negativity only produces the same.

[KILLSHOTS]

And what did you pay for yours?
:cheers:
Marty

I paid $18K for my white on red 1990 #2954. It had 15,500 miles on it and had the original Gatorbacks on it. What else would you like to know?

[DRM500RUBYZR-1]

I paid $18K for my white on red 1990 #2954. It had 15,500 miles on it and had the original Gatorbacks on it. What else would you like to know?

Well, point proven, thank you.
Using the logic some have used here, you got fleeced.
There is a 90 for sale that remains unsold for $ 9,000.00 on the other forum.
So " they" would say you paid WAY over market.
Or they would make you think you had better sell it today for less than you paid as soon it will depreciate to nothing.

If you cherry pick the right set of "facts" you can darn near prove anything.
Enjoy your car; forget it's "market value".
Nice color combo by the way!
Marty

[32valvZ]

Some good posts in this thread. I believe that it really is a matter of perspective & perception of what one person sees as value. The following is simply my opinion.

On one hand,you have guys who want the ZR-1 with 200 miles on the clock. They have the money to pay the premium. They find value in a unmolested, virgin car with every piece of paperwork that came with it still inside the car. The buyer of this car is probably looking at the car as the monetary investment, hoping for some kind of return on the car. His thinking is that the most original, lowest mile car has the best potential for a better ROI. Nothing wrong with this.... and he might be correct. Might make a few grand on the car if he bought it right. Might break even. Still an enthusiast, but enjoys the car in a different way than most of us would.

Next, you have guys, that I think are the majority of where ZR-1 owners fall.(myself included) These guys are looking for a ZR-1 that has been well maintained, maybe had some of the known issues already tended to and as low miles as possible on the clock. Lets face it, no one sets out to find the highest mile car they can locate in most cases. These guys can turn wrenches and are willing to put in some sweat equity to make the car as good as it can be. These guys know the car they have will more than likely not return them anything in a monetary value. These guys will get their enjoyment from driving, modding and working on the car. I think the expectation for these guys is that they know going in, that they will need to spend a few bucks on the car that will never be recovered. But, when it comes time to sell the car, they hope another enthusiast, buyer will respect and value the time and money spent and try to recover as much as possible.

Finally, there are the next group of guys who are looking for the lowest priced cars, and miles are not a factor. Mostly, because they cant be at this price point. These guys just want a ZR-1 so badly they are willing to sacrifice more than most others, realizing there will be money needed to get the car back into shape and safe to use. They are willing to put in the wrench time needed to make the cars as good as they can be. The buyers of these cars could care less about ROI and simply want to drive, work on and own a ZR-1.

All that said... each kind of owner is an enthusiast in their own way. Not a problem. I think each kind of owner places value differently. Not a problem. As long as the owners/buyers of these cars can realize they have an important piece of Corvette history in their garage to take care of for a while is where the real value lies in the present.

Everything thats old becomes new again. One day when most of us are gone and many ZR-1 are also gone, the few that are left will hopefully be remembered and recognized for what they once were. If that happens, the cars will be unobtainable for most people. I hope somehow that I can hand my ZR-1 down to my son and he hands it down to his son. For now, Im gonna try to enjoy my car the way I like and know that I got a great deal for a great car!
:cheers:

[KILLSHOTS]

Well, point proven, thank you.
Using the logic some have used here, you got fleeced.
There is a 90 for sale that remains unsold for $ 9,000.00 on the other forum.
So " they" would say you paid WAY over market.
Or they would make you think you had better sell it today for less than you paid as soon it will depreciate to nothing.

If you cherry pick the right set of "facts" you can darn near prove anything.
Enjoy your car; forget it's "market value".
Nice color combo by the way!
Marty

Yes, I did get "fleeced".

[shawn8492]

There is an average of what a car is worth. Some will go for more than the average and some will go for less depending on different factors such as condition and the urgency to sell.

I have watched the market for a while and don't see them dropping. What I have been looking at is the price of cars with 40-70k miles, and they seem to be 15-18k which is where I bought my car. Yes, there are some listed on ebay for mid to low 20s with those miles, but I don't think the market is there yet.

Just be happy you didn't buy a C5. I love them and was looking at those also when I got my Z. They are dropping like a rock. The first one I saw under 10k blew me away, now they are under that and a buddy sent me one last night for $5800.
Not knocking C5's at all, but that is just what the market does. C6's are now being seen for low teens with 80-100K miles. Great deals on awesome cars.

[jss06c6]

I'm going to head out to the shop and pull the fuel pumps/sending unit on '91 #473.. time to enjoy my car and the fun I have working on it and driving it..

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[DRM500RUBYZR-1]

I'm going to head out to the shop and pull the fuel pumps/sending unit on '91 #473.. time to enjoy my car and the fun I have working on it and driving it..

Sent from my XT1585 using ZR-1 Net Registry mobile app (http://r.tapatalk.com/byo?rid=90383)



Way to go!
Marty

[merc64]

Perspective from first time buyer:

I have had several cars over the last couple of decades but usually go more toward Fords. The only other vette I've owned was an 82 CE which I only owned for a short time.

I got the ZR bug a couple of years ago but strayed into the thirdgen TA's. I started looking again and set my price point. On the other forum I found a car for sale that was local (this was important). The asking price was 15k with about 105k miles. Some things had been done (injectors, coils, transmission, heater core and so on) but it is strictly a "driver" type vehicle. Car wasn't trashed but has obviously been enjoyed. First three years saw 45k miles so the owners must have been having a good time.

I wasn't going to buy the car at first look but for some reason kept going back to it. There were definitely nicer cars out there but out of my self imposed budget. So I went back, looked it over again and paid $13,500 for it. A forum member has already reached out to me (hiya Steve in Locust Grove) with offers to help with my repairs/restoration. The strong community was one of the reasons I jumped in.

Now I've already got my first box from Jerry's, new tires, and have begun compiling my list. If I was looking purely as an investment I'm already upside down; however, being an auto enthusiast I just love ripping through the gears in the damn thing. I don't think I've ever made money I any car I've owned but I wouldn't have given up any of the experiences.

Scott

[BigJohn]

Remember market determines value not auctions.

[MarkSS]

OK lets look at the whole of the BJ Palm Beach docket.... what buyers actually paid

1990 Red with 6000 miles = $44000
1995 Black with 5400 miles = $25300
1992 Black with 45000 miles = $19800
1995 Red with 2700 miles = $34100
1990 Red - no miles listed = $36300

These numbers on their own don't seem to make sense, but what is missing is seeing the actual cars... condition, presentation, etc. That may not make up the difference in prices because sometimes auctions don't make sense. But, when was the last time you saw three ZR1s bring over 30K in one weekend. To me this indicates increased interest in these cars. Also seems like Red > Black for BJ buyers anyway.