View Full Version : ZR-1's on eBay
Anonymous
12-14-2003, 01:12 PM
Thought the list might be interested in the following details. I tracked ZR-1 auctions on eBay last month and here is a breakdown of what I gathered (which is not guaranteed to be absolutely complete)There were 31 ZR-1's listed last month.Only 3 cars actually sold on eBay and I suspect that 2 more sold off eBay but am not positive.HIgh dollar sale was #930310 Wht/blk with 22K miles which sold at $29,000.00.Low dollar was #910303 Wht/Gy with 80K miles sold for $16,099.00. Should be noted that this car was modified.Other sale was #911294 Grn/tn, 15.7K, $25,600.00.Another car #911099, R/R, 36K showed reserve had been met at about $19,000. but then the auction was pulled. This car had paint damage and is one of the ones I suspect sold off the auction.There are currently 5 ZR1-s on the auction.
Anonymous
12-14-2003, 01:13 PM
I got mine off ebay. I may have been lucky but the car was about as I expected it. the seller was truthful and disclosed all. I feel that should be the norm but the scary truth is buyer beware. I bought a MBZ on ebay fortunately in town. but was able to re negotiate the car after inspection. the seller did not disclose obvious ommissions and damages. I could have be taken for more than just buying at a dealer if I didn't know what I was doing or looking for.
Anonymous
12-14-2003, 01:13 PM
Z Factor
Jalexander,I too have been following every single ZR1 auction in the hope of finding a great deal.The one for $16,099 is the one I barely missed out on. For that price, I was willing to buy it after having talked to the actual mechanic that did the work on it.Anyway, thanks for the info.
Anonymous
12-14-2003, 01:14 PM
A very decent sounding '90 Red/blk with 29,500 miles sold this morning on eBay at $19,433.00. In my opinion that is a very good price when you consider that a standard '90 L98 with that kind of mileage would bring $12-14K in the SW Florida market. Imagine only $5K more and the buyer got a ZR-1.
Anonymous
12-14-2003, 01:14 PM
Z Factor
Indeed, I was also watching that one. Out of curiosity, do you know at what point the reserve was met?
Anonymous
12-14-2003, 01:15 PM
I am not really sure where the reserve was met, but I believe it was at $19,000.
Anonymous
12-14-2003, 01:16 PM
Z Factor
Thanks anyway. Don't forget to email me if you see any 95's with 5000 miles going for $8,000 or so. ;)
Anonymous
12-14-2003, 01:16 PM
There is currently a black/grey '95 ZR-1 on eBay, with TWELVE miles on it!It was never owned, been stored in a car cell, and is thought to be the lowest mileage ZR-1 in the world. Plus it's a '95 to boot! It is simply beautiful.40 grand and the reserve isn't met.Brett
Anonymous
12-14-2003, 01:16 PM
Z Factor
Hi Brett,I have it in my auction watch list (just for curiosity). That is incredible. What's even more amazing is every once in a while, you see a car from the fifties, or sixties that was stored, and only has a few miles on them. I can't imagine having such a great automobile and not driving it at least every once in a while.
Anonymous
12-14-2003, 01:17 PM
The reserve on the '95 with 12 miles on it has been met! $60,000!Interesting indeed. I didn't think it would make it. Brett
Anonymous
12-14-2003, 01:17 PM
Z Factor
I know, it's hard to believe anyone would pay that much for a 95 regardless of the miles. I would hope that the person buying it doesn't intend on driving it everyday because it will drop like a rock in value considering it's age. If they store it properly, drive it enough just to keep it in good shape, and resell it in the future it will make a good investment. There is still two days left. I wonder how high it will go?
Anonymous
12-14-2003, 01:18 PM
Z Factor
Actually, I just noticed that a new ebay id ran the price up to reach the reserve in the span of ten minutes. I think it might be a NPB, but you never know. If I were the seller, I would qualify that bidder ASAP so they don't mess up the auction.
Anonymous
12-14-2003, 01:18 PM
I also noticed that the car has met reserve at $60K. Owner of this car must be hurting, or he has decided to cut his losses? I'm sure he bought it thinking it would sky-rocket in value? Truth is $60K is well under the dealer new cost on that car and I'm sure the owner has kept in insured all these years, so add another few thousand to his losses. Cars like this one are nice to see, but as someone pointed out the only way the car will hold it's current or future value is if it is left in it's current condition. Unless it's a museum or other collecter with BIG BUCKS, it makes no sense to invest in a car like this one. I guarantee you $60K put into the bank, even at todays rates will return a lot more $$ over a 10 or twenty year period of time. I think also that a lot of you would be surprised how many cars like this one there are out there, I mean "still in the wrapper" ZR's. I would bet at least 100 or more. You see them now every so once in a while coming up for sale as the owners decide it was a bad investment. It's similar to the '78 Pace Car fiasco, I know of at least 5 of those that are still sitting in their wrappers waiting for the market to go up on them.
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