ZR-1 current market value guide?

[Livin]

livin , Yesterday 05:50 PM
CF Senior Member

In the market for a ZR-1. Anywhere you can go to get current market values?

one car in question is a 95 White over Red with 21k miles. Supposed to be nice, but on the other side of the country from me.

asking price is 30, (thoughts?)

thanks in advance.

Jake

[efnfast]

I hate this question, because I want you to pay 50 for it. 30 seems kinda high in the current market.

[G8nightman]

Sounds right for a 95 with that mileage


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

[Mystic ZR-1]

Steve?s right, hate the question...
There?s folks here who think these cars aren?tworth anything
(not sure what they?re doing here, but they?re here...?)
And, folks here that think they?re worth their weight in gold!
I?m sure most would agree the market for these cars stinks!
IMHO: it?s a buyers market
Everyone?s got an opinion on this subject...

[Carnutdallas]

Definitely a buyers market for ZR-1s. Sold my 24k mile 1990 with full history and pizza box all accounted for. Red/black - $25,500.

Buyer said cars was nicer than he had seen. 100% original - seriously, not opened up, 3 owner, no ethanol gas, nearly pristine. I got top dollar which is sad. Should be a $35k cars.

The later ones should be more. If you can buy a late model C4 ZR-1 for back of $30, I say buy it. I was hoping 90s would go to Europe and would have if Covid had not happened ???


Sent from my iPhone using Tapatalk

[Top Toy]

Depends on the actual condition and mods, if any, but $30K for a '95 with that mileage in excellent condition would be a very good price.

Sent from my SM-G975U1 using ZR-1 Net Registry mobile app (http://r.tapatalk.com/byo?rid=90383)

[WARP TEN]

I posted this over on the CF and thought I would tee it up here as well.

Here is a page from the 2020 Sports Car Market Price that lists their median values for ZR-1s they have seen at auctions. SCM is a great publication that follows auctions around the world and produces a fine magazine each month. But this guide, like any others purporting to show book values are just that--books. The books are guides and nothing more. The value of the car is what it is to you. Back in 2011-2012 I searched for at least six months for a '95 I wanted and paid about $28k including shipping from California to Chicago. Even though it was in overall excellent shape, it had some needs so I had Marc Haibeck go through it and bring it up to good operating condition; by the time I had it up to my requirements I probably had over $30k in it. But it was a good solid car with only 22,000 miles on it and one that I wanted. So I may have over paid but it was the right car and price for me at the time. Of course if you actually catch the ZR-1 virus (much worse that Covid-19) you will discover how easy it is to put in say, another $20k, to get it up to over 500 HP. So when you sell it, someone else will get the advantage of all that investment (so it is always good to look for an already properly modified car done by one of the reputable guys known to the Registry members). Now I got a pretty high price for my '95 in 2016, $37k, but I was out of pocket a fair amount and the new owner got the benefit. But boy was it fun for a few years.....Bob

[Livin]

Thanks again Bob

[spork2367]

The value of the car is what it is to you.

The market value however is what someone else is willing to pay.

[Norwegianmopar]

I guess it's down to "what is the car worth for me".

Are you buying as an investment, or is it because you really want one to enjoy and have fun with for years to come?

In 2018 we bougt our very first Corvette, a white over red 91 with about 57k miles on it. Only mods were Haibeck chip and 4.10 gears. We drove it a lot to and from work, to the gym, on a 2000+ miles roadtrip during the summer etc. My wife and I had a blast in it, but the dream was an Admiral Blue 94 that was a bit out of our price range at the time. The 91 was bought for $21,000, but the 94 was $27,500.

So, last year we sold the 91 here in Norway and finally got our dream car, the Admiral Blue 94 we really wanted.

New Nitto's were mounted, a 4 wheel alignment performed and the AC got a recharge before we sendt the car to the ZR-1 Specialist, Marc Haibeck. He went thru the whole car and gave it a full service and tune-up, in addition to fixing all small bugs he could find. That was another $3000 spent on it, but now we knew it would be in top notch condition.

Then we shipped it further to my buddy in MI to make it ready for the journey across the Atlantic to Norway.

But now the total had gotten even higher, and with about $2000 in shipping etc and 25% tax on top of everything we decided to let it sit until next spring (2020).

March came and shipping was ordered, and then the pandemic set in... Everything got delayed until now, and the car gets picked up this week - finally!

Bottom line in this not so short story is that we probably have more into this car than most would pay (consider shipping and taxes), but this is what we want. We have plans for further upgrades and mods in the future too, so the price will probably go up, but that doeasn't matter to us. The satisfaction of getting something we really want cannot be priced by anyone else, only you.

When you find a car you want and have the $$$ to buy, get on it and be happy.

Our car has the following mods:

-4.10 gears
-Watson headers
-Corsa exhaust
-Lightweight flywheel
-Haibeck chip

Haibeck told me to expect 470 HP / 399 RWHP as it sits now.

[lfalzarano]

Never look at a vehicle as an investment. These cars are meant to be enjoyed. Maybe another 20-30 years from now, they might exceed their original MSRP. Just my opinion,


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

[bowtiguy]

Picture of your car looks familiar. Did you purchase it out of Colorado?

[bb62]

I posted this over on the CF and thought I would tee it up here as well.

Here is a page from the 2020 Sports Car Market Price that lists their median values for ZR-1s they have seen at auctions. SCM is a great publication that follows auctions around the world and produces a fine magazine each month. But this guide, like any others purporting to show book values are just that--books. The books are guides and nothing more. The value of the car is what it is to you. Back in 2011-2012 I searched for at least six months for a '95 I wanted and paid about $28k including shipping from California to Chicago. Even though it was in overall excellent shape, it had some needs so I had Marc Haibeck go through it and bring it up to good operating condition; by the time I had it up to my requirements I probably had over $30k in it. But it was a good solid car with only 22,000 miles on it and one that I wanted. So I may have over paid but it was the right car and price for me at the time. Of course if you actually catch the ZR-1 virus (much worse that Covid-19) you will discover how easy it is to put in say, another $20k, to get it up to over 500 HP. So when you sell it, someone else will get the advantage of all that investment (so it is always good to look for an already properly modified car done by one of the reputable guys known to the Registry members). Now I got a pretty high price for my '95 in 2016, $37k, but I was out of pocket a fair amount and the new owner got the benefit. But boy was it fun for a few years.....Bob

Interesting that the ZR-1 is listed as an "investment grade" of "C". And yet the Callaways all are rated "Ds" with lower pricing than even the ZR-1s. Listening to some Callaway owners on the net, they seem to be convinced their cars are all 6-figure in value.

[Norwegianmopar]

Picture of your car looks familiar. Did you purchase it out of Colorado?Yes it came from Colorado.

Sent from my SM-G955F using ZR-1 Net Registry mobile app (http://r.tapatalk.com/byo?rid=90383)

[Erik]

I posted this over on the CF and thought I would tee it up here as well.

Here is a page from the 2020 Sports Car Market Price that lists their median values for ZR-1s they have seen at auctions. SCM is a great publication that follows auctions around the world and produces a fine magazine each month. But this guide, like any others purporting to show book values are just that--books. The books are guides and nothing more. The value of the car is what it is to you. Back in 2011-2012 I searched for at least six months for a '95 I wanted and paid about $28k including shipping from California to Chicago. Even though it was in overall excellent shape, it had some needs so I had Marc Haibeck go through it and bring it up to good operating condition; by the time I had it up to my requirements I probably had over $30k in it. But it was a good solid car with only 22,000 miles on it and one that I wanted. So I may have over paid but it was the right car and price for me at the time. Of course if you actually catch the ZR-1 virus (much worse that Covid-19) you will discover how easy it is to put in say, another $20k, to get it up to over 500 HP. So when you sell it, someone else will get the advantage of all that investment (so it is always good to look for an already properly modified car done by one of the reputable guys known to the Registry members). Now I got a pretty high price for my '95 in 2016, $37k, but I was out of pocket a fair amount and the new owner got the benefit. But boy was it fun for a few years.....Bob

Interesting read in that price guide. I?d never figure, for instance, that the highest value year for the ZR-1 would be 1990. Must be a screwed up average based on the number of silly low mileage ones out there. Otherwise, I?d think a driver quality 1990 would be about the cheapest.

[WARP TEN]

Interesting that the ZR-1 is listed as an "investment grade" of "C". And yet the Callaways all are rated "Ds" with lower pricing than even the ZR-1s. Listening to some Callaway owners on the net, they seem to be convinced their cars are all 6-figure in value.

Yeah the C4 ZR-1s have never gotten much love from SCM. I am not sure that they actually see that many at auctions, as I almost never see them mentioned in the magazine. I also don't like their use of a median value. If they are using the word median correctly, median is the value halfway between the highest and lowest values, which can be far away from a true average value. If they are actually generating an average value and not using the word median correctly that would be better but I have never been able to get an answer out of them. What has always dumbfounded me is the higher values for the '93 anniversary model. It it by far the most common '93 ZR-1 model/color with I believe about 245 made out of 448. My Quasar '93 was one of seven but apparently color rarity doesn't count for much. --Bob

[WARP TEN]

Interesting read in that price guide. I?d never figure, for instance, that the highest value year for the ZR-1 would be 1990. Must be a screwed up average based on the number of silly low mileage ones out there. Otherwise, I?d think a driver quality 1990 would be about the cheapest.

That would seem to be the logical conclusion, that with the 1990 and 1991 models accounting for 73% of total production they would provide the lowest prices based on simple supply and demand. Condition, color and mileage also matter but generally I agree with you. See my comment above about using the term "median" value. Also I assume that SCM values are derived from the number they actually see at the auctions they cover and I doubt they cover things like BAT and private sales. Probably not many C4 ZR-1s go through Bonham's at Pebble Beach or similar venues. --Bob