130,000 dollars for a ZR-1..Bid goes on..

[Vette73]

Yep, $130,000 for a ZR-1 and the bid goes on...Oops forgot to mention its a 1970...

Well if that's too much you could have picked up a 94 RX-7 with I think around 40,000 miles for around $32,000..
How much was this car in 94 as opposed to the C4 ZR-1?

[Karl]

I am convinced the 4th gen Z will never appreciate in price. Everyone looks at the '96GS with red guts as the most valuable C4.

The conservative hot rod world views the '90 - '95Z too far "on the left."

https://i.postimg.cc/9zJPmRGW/Screenshot-20190112-010317.png (https://postimg.cc/9zJPmRGW)

https://www.hagerty.com/articles-videos/articles/2019/01/07/best-collector-cars-to-buy-now-2019-bull-market-list

[DRM500RUBYZR-1]

I am convinced the 4th gen Z will never appreciate in price. Everyone looks at the '96GS with red guts as the most valuable C4.

The conservative hot rod world views the '90 - '95Z too far "on the left."

https://i.postimg.cc/9zJPmRGW/Screenshot-20190112-010317.png (https://postimg.cc/9zJPmRGW)

https://www.hagerty.com/articles-videos/articles/2019/01/07/best-collector-cars-to-buy-now-2019-bull-market-list



Rarity and value are always linked together, especially with respect to collectable cars in general and the Corvette specifically.


The C-4 Grand Sport is an extremely limited production car. Taking it a step further as a convertible with a red interior, and you have a textbook definition of a truly rare car.
The "it's only a paint treatment car with stick on stuff" argument becomes near meaningless given it's rarity.
I will go a step further.
Everyone likely by now knows how much I truly love the C-4 ZR-1.
I believe it to be one of the best Corvettes ever built.
That being said, having back in the day driven a ZR-1 as a daily driver, I know what it is like driving it in various "normal" daily driving situations.


Also having driven a number of LT-4 cars, I can tell you the following:
Driving the LT-4 with the mandatory six speed can best be summed up as driving a car that is always in the sweet spot no matter the gear or the speed.
Granted, it does not rev like the ZR-1 or have the raw power at full tilt, but just driving it as you would normally do, that LT-4 is a very pleasant and very responsive and FUN car to drive.
Perhaps that also explains why others like them.
Maybe the beauty of the car is more than skin deep.
Marty

[Karl]

Rarity and value are always linked together, especially with respect to collectable cars in general and the Corvette specifically.


The C-4 Grand Sport is an extremely limited production car. Taking it a step further as a convertible with a red interior, and you have a textbook definition of a truly rare car.
The "it's only a paint treatment car with stick on stuff" argument becomes near meaningless given it's rarity.
I will go a step further.
Everyone likely by now knows how much I truly love the C-4 ZR-1.
I believe it to be one of the best Corvettes ever built.
That being said, having back in the day driven a ZR-1 as a daily driver, I know what it is like driving it in various "normal" daily driving situations.


Also having driven a number of LT-4 cars, I can tell you the following:
Driving the LT-4 with the mandatory six speed can best be summed up as driving a car that is always in the sweet spot no matter the gear or the speed.
Granted, it does not rev like the ZR-1 or have the raw power at full tilt, but just driving it as you would normally do, that LT-4 is a very pleasant and very responsive and FUN car to drive.
Perhaps that also explains why others like them.
Maybe the beauty of the car is more than skin deep.
Marty

I agree 💯%

What helps my argument is it's peers from the '90s.

The Dodge Viper, Toyota Supra, and of course the GS used car value is more today than a similar used C4 Z.

And the Supra sold and Viper sold for often less then the Z, especially when it first came out.

[BigJohn]

I am convinced the 4th gen Z will never appreciate in price. Everyone looks at the '96GS with red guts as the most valuable C4.

The conservative hot rod world views the '90 - '95Z too far "on the left."

https://i.postimg.cc/9zJPmRGW/Screenshot-20190112-010317.png (https://postimg.cc/9zJPmRGW)

https://www.hagerty.com/articles-videos/articles/2019/01/07/best-collector-cars-to-buy-now-2019-bull-market-list




Yep you just need to wait another twenty years!

[indy91zr1]

Yep, $130,000 for a ZR-1 and the bid goes on...Oops forgot to mention its a 1970...

Well if that's too much you could have picked up a 94 RX-7 with I think around 40,000 miles for around $32,000..
How much was this car in 94 as opposed to the C4 ZR-1?

The 94 rx7 may have been in the high 30's to low 40's back when it came out. So a little under half of what a zr-1 would command. They are really coming up in price. I think they only car that you can still get cheaply are the 300z tt's. All the other japanese cars from the 90's have appreciated quite a bit. I think the zr-1 may eventually go up in price but who knows. I didn't buy mine to make it a collectors car.

[bb62]

What makes the C4 generation different than the generations before or after? The C3 has its paint and tape specials and they are worth less than the performance versions. Same for the C5 the C6. The C1 and C2 generations also have their versions of "non-performance" oriented collector cars. In every one of those generations, the cars that are worth the most are the performance oriented vehicles.

In fact the C3 Pace Cars were once worth more than the L88s. L88s today are worth 20 to 30 TIMES that of a Pace Car. Yes I understand the relative rarity of the cars.

I can't help but compare the analogy above to the 67 Tri-Power cars. The 400HP cars are rarer and drive very smoothly compared with the 435HP cars - yet the 435HP cars are worth much more than the 400HP cars.

I know there are lots of reasons why my examples above are of no use to the C4s, but the idea that a world beating DOHC (in no other Corvette) that brought performance back to the Corvette nameplate is not in the collector forefront is unbelievable to me.

[Paul Workman]

What makes the C4 generation different than the generations before or after? The C3 has its paint and tape specials and they are worth less than the performance versions. Same for the C5 the C6. The C1 and C2 generations also have their versions of "non-performance" oriented collector cars. In every one of those generations, the cars that are worth the most are the performance oriented vehicles.

In fact the C3 Pace Cars were once worth more than the L88s. L88s today are worth 20 to 30 TIMES that of a Pace Car. Yes I understand the relative rarity of the cars.

I can't help but compare the analogy above to the 67 Tri-Power cars. The 400HP cars are rarer and drive very smoothly compared with the 435HP cars - yet the 435HP cars are worth much more than the 400HP cars.

I know there are lots of reasons why my examples above are of no use to the C4s, but the idea that a world beating DOHC (in no other Corvette) that brought performance back to the Corvette nameplate is not in the collector forefront is unbelievable to me.

:icon_scra totally agree!

[Vetman]

Maybe it is because there are so many low millage z beauties available compared to most of others cars mentioned above.

[efnfast]

Maybe it is because there are so many low millage z beauties available compared to most of others cars mentioned above.
Good point. These cars were purchased and put away as collectors, so there are a lot of very low mileage cars available. Not many other cars were bought and stored.

[Mystic ZR-1]

Good point. These cars were purchased and put away as collectors, so there are a lot of very low mileage cars available. Not many other cars were bought and stored.

Figured out where they’re all coming from...
BG has a super secret assembly line that‘s still producing ZR-1s!
Another reason why the prices are stagnant.

[MarkSS]

OK, there were 10 C4 ZR1s for sale at Mecum. I don't know the last time there were that many in one place. Condition varied greatly among these cars, but 5 of the 10 sold for more than 30K. Only one did not sell at all. and only 2 brought less than 20K. A number of people were commenting on the relative strength of ZR1 sales. The one that blew me away was a 1993 Anniversary car with 37000 miles. It was nice, but not perfect (delam on windshield, some scratches) and the buyer paid $34100 with the auction fee included. I talked to this seller moments before the car crossed the block and he was nervous for having listed it as no reserve. I wish I would have found him afterwards because I think he walked away very happy. By the way, this was formerly owned by a forum member and had a bunch of Corvette Caravan stickers in the rear window. Anybody who is still on here?

[Karl]

1994 Toyota Supra, 7000 miles sells for $121k and is back for sale at $500,000.

https://www.yahoo.com/finance/news/7000-mile-supra-turbo-time-203000872.html

[Great White]

1994 Toyota Supra, 7000 miles sells for $121k and is back for sale at $500,000.

https://www.yahoo.com/finance/news/7000-mile-supra-turbo-time-203000872.html


I am fairly well educated on the ins and outs of the Mk-IV Supra, and I still can not understand what makes one worth that much to people. Maybe I'm just biased but it sounds silly to pay that much for a big heavy mid 90's GT car.

[onethumb]

Good point. These cars were purchased and put away as collectors, so there are a lot of very low mileage cars available. Not many other cars were bought and stored.

+1. Supply is plentiful. For now.

Most Supras were bought, rode hard and put away wet. Finding one in good shape, that hasn't been butchered by the Fast and Furious crowd, is near impossible.

Time fixes all of this, though.

[Hib Halverson]

Rarity and value are always linked together, especially with respect to collectable cars in general and the Corvette specifically.

The C-4 Grand Sport is an extremely limited production car. Taking it a step further as a convertible with a red interior, and you have a textbook definition of a truly rare car.(snip)

Ah, geez. What a crock.
1000 '96 Grand Sports were built. That doesn't meet the definition of "extremely limited production".

"Extremely limited production" would be like the Dark Purple Metallic 95 ZR-1s of which there were only 25. I once owned one and I couldn't get s**t for it when I sold it. So much for "rarity and value.".

Also, a "red interior" was not available on '96 Grand Sports. The only two interiors were either black or black with red seats and door panel inserts.

[DRM500RUBYZR-1]

Ah, geez. What a crock.
1000 '96 Grand Sports were built. That doesn't meet the definition of "extremely limited production".

"Extremely limited production" would be like the Dark Purple Metallic 95 ZR-1s of which there were only 25. I once owned one and I couldn't get s**t for it when I sold it. So much for "rarity and value.".

Also, a "red interior" was not available on '96 Grand Sports. The only two interiors were either black or black with red seats and door panel inserts.

Surprising response.
Would have been a good idea to cite the context of the statement.
A few convertible GS's are quite a few less than 6900 near identical ZR-1's Hib, which is what we were discussing.
However, thanks for sharing your opinion, as I usually find them insightful.
Marty

[bowtiguy]

In somewhat related news...

Did anyone see the 71' 4spd LT-1 vert w/ leather & air cross the block on thursday?

1 repaint.

$203K w/ 10% commission...wow!


http://www.barrett-jackson.com/Events/Event/Details/1972-CHEVROLET-CORVETTE-LT1-A/C-CONVERTIBLE-224228

[Vette73]

I saw it and I couldn't believe it.....We all know the LT-1 is a rare car but all that money for a Smogged out 72? They kept reiterating about it having an AC....Big woop.....I guarantee the seller was shocked at how high the bid went...Right place, right time....Even a 70 shouldn't even bring half that...Lucky seller...

[DRM500RUBYZR-1]

I have a 1970 that you can have for less than half of that half!
(this one is not a zero mile car)
Marlboro Maroon
Hardtop
Newer Paint
94k miles
Guess I should quadruple the price if I want it sold?
Marty