BJ AUCTION ON SPEED

[xlr8nflorida]

Can someone post the results each night on the ZR-1s?

$#$# Speed is not working.

[Hammer]

I been trying to get on the B-J website and it won't bring up the cars at all. Been trying to find out when the ZR-1's are going. Soon I think.

[Jeffvette]

I been trying to get on the B-J website and it won't bring up the cars at all. Been trying to find out when the ZR-1's are going. Soon I think.

First round of ZR-1 stuff in roughly 30 minutes. First lot is #82 with the Active car. Currently they are on lot #67.


ZR-1 lots
#82 Active Suspension - Sold 137,000
#82.1 2008 ZR-1 Rolling Chassis - Pulled from auction
#91 1990 ZR-1 - Sold 60,000
#96 1989 ZR-1 - Sold 100,000
#97 Big Doggie ZR2 - Sold 65,000
#98 1991 ZR-1 Purple Smash - Sold 45,000
#99 Corvette Boat & Trailer -
#111 1988 John Moss Camaro LT5 - Sold 43,000
#353 1990 Black on Black - Sold 23,000
#396.1 1989 Snake Skinner - Sold 160,000
#644.1 1990 ZR-1 Red on Tan - 38,000
#760 1995 Red on Black - Sold 54,000

[LGAFF]

I will say Big Doggie 27,500
Active Car 63,000
LT5 Camaro 32,000


its a crap shoot....any thoughts

[xlr8nflorida]

I will say Big Doggie 27,500
Active Car 63,000
LT5 Camaro 32,000


its a crap shoot....any thoughts


I'd say, can you keep posting to this thread so I can get the updates on my blackberry :cheers:

Debating going to a bar to check it out.

[ZZZZZR1]

Lot 75 now

http://www.corvetteblogger.com/docs/2009bjcarlist.htm

[limey]

Lot 80 now, we'll see if 82 is up or if they go to commercial.

BRB.

[limey]

81 now, active car up next.

I'm gonna say $45k

[limey]

Mfr's, gone to commercial on # 82

[Jeffvette]

Mfr's, gone to commercial on # 82

Kurt, there was lot #81.1

[Jeffvette]

Active on the block!

[limey]

Bidding is up to $60k

[ZZZZZR1]

$100k PLUS!

[Jeffvette]

137K active

[GOLDCYLON]

Wow 137K

[ZZZZZR1]

WOW!!!!!!! $137,000

[limey]

FANTASTIC NEWS!

That was great for all ZR-1's!

[flyin ryan]

ssooo...what'd ya think? i agree, great for ZR-1's everywhere.

[IowaZR-1]

Hope that's not the last time we'll see it.

[A1990]

did it show the bidders? anyone we know?

[limey]

bidders were shown, didn't recognize the two front runners.

[Hammer]

OK, Active car.

Top two bidders, anyone know them? The guy who bought the Active car bought the monte carlo too.
This was the number two guy.
http://i85.photobucket.com/albums/k60/HammerZR1/Barrett-Jackson%202009/100_1120.jpg?t=1231903758 (javascript:void(0);)

This guy bought the Active car.
http://i85.photobucket.com/albums/k60/HammerZR1/Barrett-Jackson%202009/100_1122.jpg?t=1231903839 (javascript:void(0);)

Blurry, but this was the end result.
http://i85.photobucket.com/albums/k60/HammerZR1/Barrett-Jackson%202009/100_1123.jpg?t=1231903894 (javascript:void(0);)

[GOLDCYLON]

Not hard to spot he was the guy with the widest smile lol

[Jeffvette]

1990 Red/Tan now on the block.

[limey]

# 61 $60k stock 1990 with less than 3000 miles.

Very good price!

[limey]

Going to ebay now :)

[ZZZZZR1]

# 61 $60k stock 1990 with less than 3000 miles.

Very good price!

Excellent!!!!

[A26B]

# 61 $60k stock 1990 with less than 3000 miles.

Very good price!


:occasion1:cheers::occasion1

[Hammer]

Looks like we're going to see 'em all tonight, next up is a '90 Red Zr-1 w/ 2800 miles on it.

The guy that lost on the Active car bought this one $60,000 folks. You phuckin' lowballers can lick mine. Oh sorry, just venting. Nobody can say these cars are in the crapper now.

Kevin, you watching?

[Polo-1]

wow whats my 179 mile worth:thumbsup:

[Hammer]

wow whats my 179 mile worth:thumbsup:

You should be at B-J. I didn't see any mention of documentation on it either.

Or Jerry's 168 mile Ruby.

[ZZZZZR1]

wow whats my 179 mile worth:thumbsup:

Your Z is worth MUCH MORE. That 90's motor was stained and I don't think it had LT5 wires. (couldn't see the logo)

[Peaven]

I see some familiar names on this board tonight...

1990 Red/Tan now on the block.

Shouldn't you be there buying some of these things?:mrgreen:

[Polo-1]

Or Jerry's 168 mile Ruby.

That should be $$

[ZZZZZR1]

You should be at B-J. I didn't see any mention of documentation on it either.

Or Jerry's 168 mile Ruby.

WOW if that got to BG.

[limey]

I have to say, im very surprised (read pleased) that the 1990 went for that kind of money. It will be VERY interesting to see if any of the low mile Red/Red 1990 cars currently on ebay will get bid up now. That one car with less than 200 miles is $49.5 obo.

What recession?

[Hammer]

I have to say, im very surprised (read pleased) that the 1990 went for that kind of money. It will be VERY interesting to see if any of the low mile Red/Red 1990 cars currently on ebay will get bid up now. That one car with less than 200 miles is $49.5 obo.

What recession?

I agree Kurt. I think tonight should go along way towards setting the value of our cars. let's hope. =D>

The rare ones are coming up as well as few normal ones in the days to come.

[Jeffvette]

Violet 89 on the block.

[Polo-1]

John lets get some more Adam's on it....

http://i7.photobucket.com/albums/y292/kpie/12-06-08015.jpg

[Polo-1]

$100,000 for the 89 Violet ZR-1

[LGAFF]

Of course I am going to use these examples to justify the 2nd Z to the wife, what an investment....great to see Zs going for tall cash.

LGAFF
92 ZR1
#234

[Jeffvette]

We got hosed on the Purple Smash car.

Sold for 49,500.

[A1990]

We got hosed on the Purple Smash car.

Sold for 49,500.

WTF happened? I thought this was an 100k car too...

[Hammer]

We got hosed on the Purple Smash car.

Sold for 49,500.

That was with th commission too. $45k for the car.

[LGAFF]

LT5 camaro #111

[Peaven]

Missed the boat, too.....I guess Speed figured they'd pimped ZR-1's enough for one night.:mad:

[Jeffvette]

WTF happened? I thought this was an 100k car too...

It's a 91. Not special enough.

[Jeffvette]

Missed the boat, too.....I guess Speed figured they'd pimped ZR-1's enough for one night.:mad:


Boat has been pulled. Not sure when it is scheduled to go now. Same with the ZR-1 chassis that was lot 82.1

[A1990]

It's a 91. Not special enough.
wonder if the bidders thought it was a two year newer version of the 89 that sold. There couldn't be squat for miles on that car could there?

[902066]

Its great to see the stock 90 with 2800 miles go for 60k, but do you think it would go for that much money anywhere else? I fear its what everybody allways says about Barrett Jackson "to much money not enough brains".

[Jeffvette]

Its great to see the stock 90 with 2800 miles go for 60k, but do you think it would go for that much money anywhere else? I fear its what everybody allways says about Barrett Jackson "to much money not enough brains".

You hit the nail on the head. All ego. "I bought a car at Barrett Jackson!"

[RICKYRJ1]

Made the mistake of telling the wife that a black ZR1 just sold for 137,000.00=D> What do you think her response was? :blahblah::blahblah:
I see a red 95 with 1300miles going up on the block Friday night.

[flyin ryan]

You hit the nail on the head. All ego. "I bought a car at Barrett Jackson!"Yup...:???:, dumb A**es

[Polo-1]

when you have 2 on ebay for under $50k with under 200 miles:rolleyes:

no fees........

[LGAFF]

LT5 camaro went for $47,500

Snakeskinner I goes today, II on Saturday

LGAFF
92 ZR1
#234

[ZR1Vette]

I like very much seeing the prices on the ZR-1s.... especially the 1990 Red at $60K... makes me :-D :-D very much!.

BJ was helpful for me... watching BJ 2006 Palm Beach got my interest really fired for a ZR-1 and did not know that a 90 Red on Red that sold at that auction was going to be in my garage year and half later.

[Aurora40]

LT5 camaro went for $47,500
That seems kinda low for what is a pretty cool/unique car. Though it is fairly hideous...

[robrtr]

The BJ web site had the '90 going for $66,000. Any ideas why so much, when Ebay has 'em so much cheaper? Mileage?

Anyway, great to see.

:dancing

[ZR1Vette]

Actually, it went for $60K... the $66K figure includes BJ commissions. Prices at BJ tend to be higher, BUT also do not know of condition of the vehicles... know of low mileage ZR-1s (as in under 1000 miles on odo) that have problems due to improper storage, care (causing scratches in paint as an example), lack of changing fluids, etc. so mileage can not be the only indicator for higher or lower costs for the ZR... each needs to survive on it own merits.
Also, maybe the breed is starting to more recognized which in turn brings in higher sale values...

[scholtmj]

It's cool to see that 90' grab $60k, but I am skeptical that this one car will set the values for the 6000 other ZR-1s.

I will be very interested to read Corvette Market Magazine's take on these sales. Past issues seem to value quality low mileage 90's between 25k to 28k.

Can't imagine having a ZR-1 and not driving it though...unless you have two.

[Zr1 Destroyer]

Mr. Hendrick came away with the winning bid(160k) for the white snake skinner Z......cool car!!!

[Jeffvette]

Starting up day #2. Not much on the docket for ZR-1's.

#353 1990 Black on Black
#396.1 1989 Snake Skinner

[Zr1 Destroyer]

Starting up day #2. Not much on the docket for ZR-1's.

#353 1990 Black on Black
#396.1 1989 Snake Skinner...160kI'm wating for the PPG Syclone pace truck!!! I think it'll hit 100k

[Jeffvette]

Today's cars.

644.1 1990 ZR-1 Red on Tan
760 1995 Red on Black. Ex Rogers Corvette car.

[PhillipsLT5]

644.1, 38 K + fees
20 K miles, # 45, no pizza box, 1 top
Dave Ressler was there driving up bids, then bailed out & hid behind me
He is OK

[ZZZZZR1]

One of the last cars last night was a 95 LT5, 1400 miles, Red / Black and went for $59,400....


Decent price, but thought it might get more.

[RICKYRJ1]

One of the last cars last night was a 95 LT5, 1400 miles, Red / Black and went for $59,400....


Decent price, but thought it might get more.

Don't forget about the 10% vig:jawdrop: So someone was willimg to pay 66k for a low mileage ZR1. These bidders must not do their homework. If I was interested in a car I would do some comps if possible. As far as a Z goes it would be easy by just checking the ZR1 Net for sale section. Demps has his car for 50k so why would one go pay 16k more? :dontknow: Glad he paid more then he had to because maybe that will help the guys who are trying to sell their cars.

[xlr8nflorida]

It's cool to see that 90' grab $60k, but I am skeptical that this one car will set the values for the 6000 other ZR-1s.

I will be very interested to read Corvette Market Magazine's take on these sales. Past issues seem to value quality low mileage 90's between 25k to 28k.

Can't imagine having a ZR-1 and not driving it though...unless you have two.

I would ask you to keep a few things in mind. Everybody likes low mileage garage queens that look like new. But if you have a 67 big block restored that has 150,000 miles on it, do you think anybody really cares? No, they love the car and pay big bucks for it.

There will be a day, when ZR-1s will bring good $ regardless of their mileage. They will be the Corvette to own without a doubt down the road. In regards to Corvette Market Magazines and all the others, they typically price high in the market place.

The best option for me has been to drive my car limited mileage each year enjoying it while still keeping mileage fairly low and in new condition. Others will say drive the daylights out of it. Others will say stick it in a garage for 10-20 more years. The last option makes no sense to me. And honestly, I might be missing out on driving my ZR-1 more. However, I'm the kind of owner that likes to have something almost like new, its hard to do that with alot of mileage. I enjoy a few thousand miles and that is enough for me as I have other more common Corvettes to enjoy on a daily basis. If my ZR-1 goes out, it always gets washed each and every time and then it hibernates for 3-4 weeks.

When everyone talks investment or collector its silly. I think one day my Yellow Z will bring good money but here is the deal. I've been in my ZR-1 for the last 8 years. In normal market conditions, I would have doubled my investment and been in the $60-90,000 range. SO as you can see cars are never really investments. They are investments in your passion and you get enjoyment out of them. You can't drive a bank account, IRA, 401k etc.

For example $60,000 invested in 1990 would at least be $240,000 today. So let's say you just sold your 90 even for sticker - $60,000 - you still lost out big time!

[A1990]

One of the last cars last night was a 95 LT5, 1400 miles, Red / Black and went for $59,400....


Decent price, but thought it might get more.
So the '90's are worth more! :dancing

[ZZZZZR1]

So the '90's are worth more! :dancing

:blahblah: Yeah yeah!!!!


Now YOUR ZR1 is worth more! :worship:

[xlr8nflorida]

Why was 89X2 copping an attitude on the CF Forum in regards to the ZR-1 thread? I remember one time, I said something about a Callaway and I got my head cut off. Maybe it's not his normal personality but negative tone is seen throughout the entire thread.

Thats why Value and $ threads are dumb. We all talk about it and sure we want our cars to go up in value, we are all proud ZR-1 owners. However, I don't think most of us give a **** when it comes down to it. We bought the cars because we love them. If ZR-1s for some odd reason (won't happen) never had their day in 10-30 years, I'd be totally fine with that. I bought it for me -best Corvette I've ever owned. They are totally different cars, I chose a ZR-1 because that is what I wanted.

[USAFPILOT]

My ZR1 is the BEST...:-D

[ZRWON]

:blahblah: Yeah yeah!!!!
Now YOUR ZR1 is worth more! :worship:
Right you are! When I read that Van Dorn said, "....including the
Snake Skinner ($160K!!) and others. The SS car was just a 430hp car that was lightened extensively. It was the pattern for our Street Skinner package with plenty more hp.", I told my wife she should run right out and start spending the big bucks to help the economy.
My BEAST2 with Jim's Street Skinner package has 490 hp.
??? $160K...Now all I need to do is get BJ to auction BEAST2 for some of those big bucks...:dancing:rolleyes:

[cuisinartvette]

To be honest I get tired of seeing the constant teardown of the Z and the all too soon link posted to the Callaway site, big deal. Yeah neat car but its a TPI thats even more cumbersome to work on than an LT5.
Good truck motor though.

Heres one with an aero kit

http://media.truckblog.com/ai/2007/1472.jpg :sign10:


Callaway speedster Z, different story.

[Aurora40]

Why was 89X2 copping an attitude on the CF Forum in regards to the ZR-1 thread? I remember one time, I said something about a Callaway and I got my head cut off. Maybe it's not his normal personality but negative tone is seen throughout the entire thread.
I guess to some degree the Callaway's value depends on being "better" than other C4's? Otherwise, I don't know, I don't really get it. He definitely takes on the job of B2K "promoter" though, perhaps that's part of the deal. He's pretty protective of any negative comments about the cars or their values.

I think this is the second time I've seen him suggest that the Callaway "won" the article he put together. It was a blast to drive all those cars and meet the owners, and such. However, to me I think really it's a disservice to the folks involved. I think both cars are cool but was careful to be a bit gracious about the Callaway in my comments. I suspect everyone was, they are all cool cars, and no one wants to be some *** that says "yeah, my car is the best"... Well, no one but Pete. That's just his personality though, he seems like a very nice guy.

I sort of doubt Ron would trade in his LSV for a Callaway, and the way Lance talks about his yellow '95, I doubt he would either. Though he also has at least a Speedster if not other B2Ks. I certainly don't mean to suggest he'd declare a Z a "winner" over the B2K, but he talks like that car really is special to him. He beats the hell out of it and it just keeps taking it.

The "better performance" thing I find a little tired. Some moldy old magazines have very close results, sometimes favoring the Z, sometimes not. But mags are hardly the best drivers, not to mention Callaway often provided Mike Zoner to drive, GM would not generally provide a driver. Anyway, if they are so much faster, they should be out there proving it on the pavement, not on forums. Who's ever seen a B2K run down the 1/4 mile? I have, but consider myself lucky to have seen it. How many ran at BG last year? Years past? How many will run this year?

Anyway, I think they are both cool cars. I think personally I'd take a Z over the B2K, and did. I'd expect someone else might not. I feel pretty comfortable in driving my car often, and beating on it at will. I do not believe I would feel that way had I gotten a B2K.

Mostly it's a shame that they can't both be discussed without it getting insulting.

[ZR1Vette]

Just totally nuff said...I just do not understand what the issue is>>>
Mostly it's a shame that they can't both be discussed without it getting insulting.
Well put in very simple terms Bob

[Jeffvette]

I feel pretty comfortable in driving my car often, and beating on it at will. I do not believe I would feel that way had I gotten a B2K.

Think about being at BG when the big group of Callaway guys were there. How many ran the 1/4????



None


Mostly it's a shame that they can't both be discussed without it getting insulting.

I like Chris (*89x2*) but he is pretty high and mighty on Reeves. It's almost like if you make a disparaging remark against the Callaway, you might as well of insulted his wife or mother. I think he actually gets angrier if you do insult Callaway!

[Jeffvette]

Just totally nuff said...I just do not understand what the issue is>>>
Mostly it's a shame that they can't both be discussed without it getting insulting.
Well put in very simple terms Bob


Michael, I think a lot of the Callaway guys were still bitter about not getting their own section at CF. They tried to merge them in with us after the ZR-1 section was created. People got upset on both sides. SO they went to the CAC and created their own group.

Also the C5 Z06 guys got their panties in a wad over them not having a specific section and the ZR-1 guys did. It was deemed that our cars were more different than a regular C4 and they weren't. Eventually they gave in and got their own section.

[LGAFF]

Its called a passion for your car, certainly we do not suffer from the same problem....its not like we isolated ourselves from other vette sites and only talk about what is undoubted the greatest sports car ever made.....uhhhh, oh wait we are doing that.

I just think he gets fired up......would it be fun without the conflict....bears vs packers, hogan vs Iron sheik, butter vs Parkay......its all about the competiton that makes it fun and brings us together.

Bring it!

LGAFF
92 ZR1
#234

[LGAFF]

newst member: zr-1sr4oldmenanditalians

I think we have been attacked.....

LGAFF
92 ZR1
#234

[cuisinartvette]

Thoguht he worked for Callaway, maybe thats where the bias is?

Doesnt matter really just find it interesting.

[ZR1Vette]

Ahh... good back ground info and as I learn more this is good and I understand more. I guess I just do not understand just not having respect and recognition for the family Vette. What I find interesting is that our local Vette club does a lot of joint events with the local Mustang club and there is a lot more just simple respect for each (considering that tradition of the Mustang to Vette animosity for our cars) other. It is like we Vette drivers are like alligators...we feed on our own off-spring. Just IMHO
Michael

Michael, I think a lot of the Callaway guys were still bitter about not getting their own section at CF. They tried to merge them in with us after the ZR-1 section was created. People got upset on both sides. SO they went to the CAC and created their own group.

Also the C5 Z06 guys got their panties in a wad over them not having a specific section and the ZR-1 guys did. It was deemed that our cars were more different than a regular C4 and they weren't. Eventually they gave in and got their own section.

[Z51JEFF]

They are totally different cars, I chose a ZR-1 because that is what I wanted.

That says it all right there,I didnt buy a Callaway,new Corvette or an old Corvette,I bought the one I wanted.By the way I guess Im the one that started all the bull$hit over there,the guy says something stupid about the car and it struck a nerve.Simple fact is if somebody pays $60,000 for a Callaway thats O.K. but if somebody pays that kind of money for a ZR-1 there stupid?Ive always liked Callaways and they do have a place in Corvette history but if this guy represents the average Callaway owner,I can do without them.But anybody thinks that any C4 other than a ZR-1 is the pinnacle C4,sorry,they just dont get it.

[cuisinartvette]

Typical Vette dxxxswinging, never understand that.

I like the way the cars look and drive, what gen or what options, market value or production #s are absolutely MEANINGLESS when youre banging gears. Some are owners others are drivers. :dontknow:

[bb62]

I would ask you to keep a few things in mind. Everybody likes low mileage garage queens that look like new. But if you have a 67 big block restored that has 150,000 miles on it, do you think anybody really cares? No, they love the car and pay big bucks for it.

There will be a day, when ZR-1s will bring good $ regardless of their mileage. ......

Jim,

I'll have to disagree with you on this. Big blocks from 67 definitely have a hierarchy with respect to price and "mileage" is definitely a part of that calculation. Trust me on this one given that I've owned C2s for nearly 30 years and have had a 67 435 for over 13 years.

One advantage that ZR-1s have that 67 big blocks don't have is confirming a car as big block. That's a problem with big blocks. You can determine whether a car is a fake, but you have to be real good.

Factors that affect 67 big block values are:

1. Which big block? 390HP, 400HP, 435HP, 435HP L89, L88. 435s can be 50-100% higher than similar 390 cars. 400HP with Air cars are also getting serious attention, but 435s are the highest for generally obtainable cars. L89s and L88s are so rare (16 and 20 produced respectively) that they can draw 300 to 600% of a 435.

2. Color - surprisingly the colors that are the most valuable are the exact opposite of what people today perceive for ZR-1s. Red and black are the most valuable - especially with red interiors. So if ZR-1s follow 435s, be prepared for red and black to lead the value equation in the long term. Silver is next, the three blues are mid value, maroon, white, and yellow are next with green as the least valuable.

3. Originality are another factor. The most valuable of all 435s are "benchmark" type cars. This means unrestored with low mileage in good enough condition to garner an NCRS top flight award (at least at the regional level) or Bloomington gold. Note that there are at best 15-20 benchmark quality 435 cars left. Newly restored cars are next on the list in terms of value, then older restorations, and finally drivers with little originality and then the modified cars (many of which can prove to be 435 cars - but it's very expensive to restore these cars).

4. Documentation, if it’s the right type, can often add 30% to the value of a car.

5. Mileage to some of the top collectors IS a factor. When I bought my car, I was informed of the car by a major collector whom I know fairly well. He was looking for a super low mileage 435. He already owned 2 67 L88s and was looking to branch out! He originally wanted to purchase mine (which at the time had 28K) on it, but found a green 435 coupe with 8900 miles instead - so he bought that one. He told me that mine was the second best original 435 he'd seen - ha. ha. Anyway I got lucky because I was looking for a silver car - and he was aware of it - so it turned out to be a great tip

This was back in 93 - but as you can imagine, I still stay very close to that world as well. 67 Corvettes are a world on their own. I know a number of collectors who focus solely on 67s and the rest of them don't matter. I think that's why 67s generally demand so much more than any other Sting Ray.

As for ZR-1s, from what I've garnered watching over the past few years (you didn't think I bought a ZR-1 on impulse, did you?) is that a combination of rarity and perceived performance will be the driving factors. Here's my view of where the long term value is:

405HP cars will be worth more than 375HP cars due to numbers (5591 versus 1344). People also like threshold numbers and over 400HP is something like a magical hurdle that will hurt the 375HP cars. It's all perception.

Within the 375 cars, the 90s with low mileage will be the most desired. 91s and 92s (in spite of 92 production numbers) and higher mileage 90s will be a bit behind. This kind of parallels the Sting Rays in that the 63 coupes are very valuable, but not to the level of the 67s (and let's not talk about 63 Z06s or especially the 5 Grand Sports).

Of the 405 cars, the three years will parallel the 3 years of the disk brake Sting Rays. The middle one, the 94, will be worth the least (but more than any of the 375 cars sort of like the 66 Corvette not quite reaching the popularity of either the 65 or especially the 67) then the 93s, and then the 95s (with the 93 Rubys perhaps approximately on par with the lowest 95s). Within the 95s the double Dunn head cars are likely to be the most valuable. Why? Because even if the heads only deliver a few extra HP (as they are purported to do), they represent about 135 cars that would be, at least theoretically, the highest HP cars before the C6 Z06 cars - and far more rare. Collectors like that type of providence - even if it really doesn't mean much in reality.

Unlike Sting Rays, there will be many very low mileage ZR-1s for a long time to come. This low mileage will be a significant determinant as long as there are many of them out there (and I hope mine is NOT one of them).

Finally, perhaps unlike Sting Rays, I thing the LPE cars will do very well - on par with the best stock examples. Ultimately, ZR-1s proved to the automotive world that performance Corvettes were back and that there would be no compromises moving forward.

For those looking for solace, look to the 58s as inspiration. For perhaps 30 years the 58s were at the bottom of the C1 ladder due to the overdone styling. Today, that very styling has driving them to be the year that is perhaps the most valuable of the C1s (excluding the 53 of course). People will in the long term look to the ZR-1s – and I predict it won’t be very long before that happens.

[ZZZZZR1]

$175,000 for a 1993 2,500 mile Ruby ZR1 and a NEW 09 ZR1 (cyber grey)


Ouch. Somebody got a bargain!

[Jeffvette]

$175,000 for a 1993 2,500 mile Ruby ZR1 and a NEW 09 ZR1 (cyber grey)


Ouch. Somebody got a bargain!


Considering the ZR1 is going for roughly 140k-150k on the market, the 93 did not add much value.

[PhillipsLT5]

ZR1 was used, not new
ZR-1 was awesome Ruby 2574 miles
Ron Pratt bidding W/ Rick Hendricks by his side

[flyin ryan]

Considering the ZR1 is going for roughly 140k-150k on the market, the 93 did not add much value.It's just a Ruby:dontknow:, :cool:.

[Jeffvette]

ZR1 was used, not new
ZR-1 was awesome Ruby 2574 miles
Ron Pratt bidding W/ Rick Hendricks by his side

Used, sparingly. Even the pilot cars are still fetching over 100k with 10,000 miles.

[Jeffvette]

It's just a Ruby:dontknow:, :cool:.


:dancing

[WB9MCW]

BB62 very nice info there and thx for posting.

I always thought a 93 Ruby low miles being a 40th Anniv. would be the Top $ but I see your point about a Dunn head 95 low miles being the ultimate collector $$ winner right?

What abt the one Dunn Head ones vs the double Dunn Head 95's how will that shake out?

I have to admit that being a 92 owner I was in hopes the low prod#'s would fare better than deduct for low HP. Oh well at least I have a Black one but not a 'Bleeder'.

We should make you our unofficial 'NCRS' ZR-1 advisor with all the study you have done on collectable vettes.


BTW Jerry could use your advice on his 93 RUBY see >>> I see you already saw hiz post and did a comment.

If you made a matrix chart up with a 1-50 point scale for ZR-1 Collect-Ability $$ predictions that would be really KOOL

Maybe you could start with this as your matrix to begin with and expand it from here.

http://i126.photobucket.com/albums/p110/HAMMERHATE/Jan%2009/production-colorZR-1.jpg

Perhaps just simple notes added to this chart for special considerations that would add value and your guess as to how many more points it might add in your opinion.

From what you said a Low Miles 95 with double Dunn heads in Red or Black with Red Guts would be 50 points.

Too bad we only have the interior data on the last two years so far.

http://i126.photobucket.com/albums/p110/HAMMERHATE/Jan%2009/ZR-1InteriorNumbers.jpg

Why is it that more $$ for Black and Red even though the prod #'s are much higher?

Nature of the collector to desire the Black and Red exteriors and same for red guts?

I would have thought a Adm Blue with Blk int and double Dunn would be the highest $$ but it is not how rare that matters but what the market wants that really matters

[LGAFF]

DR-1 just sold for $286K...

LGAFF
92 ZR1
#234

[gbrtng]

DR-1 just sold for $286K...

LGAFF
92 ZR1
#234

Who bought it?

[Aurora40]

DR-1 just sold for $286K...

LGAFF
92 ZR1
#234
Wow, that's awesome! It's one heck of a cool car!

[RICKYRJ1]

Who bought it?


I think it was Jeffvette :mrgreen:

[gbrtng]

I think it was Jeffvette :mrgreen:

I'll believe that when I see his avatar on the fender. :dancing

[xlr8nflorida]

I would ask you to keep a few things in mind. Everybody likes low mileage garage queens that look like new. But if you have a 67 big block restored that has 150,000 miles on it, do you think anybody really cares? No, they love the car and pay big bucks for it.

There will be a day, when ZR-1s will bring good $ regardless of their mileage. ......

Jim,

I'll have to disagree with you on this. Big blocks from 67 definitely have a hierarchy with respect to price and "mileage" is definitely a part of that calculation. Trust me on this one given that I've owned C2s for nearly 30 years and have had a 67 435 for over 13 years.

One advantage that ZR-1s have that 67 big blocks don't have is confirming a car as big block. That's a problem with big blocks. You can determine whether a car is a fake, but you have to be real good.

Factors that affect 67 big block values are:

1. Which big block? 390HP, 400HP, 435HP, 435HP L89, L88. 435s can be 50-100% higher than similar 390 cars. 400HP with Air cars are also getting serious attention, but 435s are the highest for generally obtainable cars. L89s and L88s are so rare (16 and 20 produced respectively) that they can draw 300 to 600% of a 435.

2. Color - surprisingly the colors that are the most valuable are the exact opposite of what people today perceive for ZR-1s. Red and black are the most valuable - especially with red interiors. So if ZR-1s follow 435s, be prepared for red and black to lead the value equation in the long term. Silver is next, the three blues are mid value, maroon, white, and yellow are next with green as the least valuable.

3. Originality are another factor. The most valuable of all 435s are "benchmark" type cars. This means unrestored with low mileage in good enough condition to garner an NCRS top flight award (at least at the regional level) or Bloomington gold. Note that there are at best 15-20 benchmark quality 435 cars left. Newly restored cars are next on the list in terms of value, then older restorations, and finally drivers with little originality and then the modified cars (many of which can prove to be 435 cars - but it's very expensive to restore these cars).

4. Documentation, if it’s the right type, can often add 30% to the value of a car.

5. Mileage to some of the top collectors IS a factor. When I bought my car, I was informed of the car by a major collector whom I know fairly well. He was looking for a super low mileage 435. He already owned 2 67 L88s and was looking to branch out! He originally wanted to purchase mine (which at the time had 28K) on it, but found a green 435 coupe with 8900 miles instead - so he bought that one. He told me that mine was the second best original 435 he'd seen - ha. ha. Anyway I got lucky because I was looking for a silver car - and he was aware of it - so it turned out to be a great tip

This was back in 93 - but as you can imagine, I still stay very close to that world as well. 67 Corvettes are a world on their own. I know a number of collectors who focus solely on 67s and the rest of them don't matter. I think that's why 67s generally demand so much more than any other Sting Ray.

As for ZR-1s, from what I've garnered watching over the past few years (you didn't think I bought a ZR-1 on impulse, did you?) is that a combination of rarity and perceived performance will be the driving factors. Here's my view of where the long term value is:

405HP cars will be worth more than 375HP cars due to numbers (5591 versus 1344). People also like threshold numbers and over 400HP is something like a magical hurdle that will hurt the 375HP cars. It's all perception.

Within the 375 cars, the 90s with low mileage will be the most desired. 91s and 92s (in spite of 92 production numbers) and higher mileage 90s will be a bit behind. This kind of parallels the Sting Rays in that the 63 coupes are very valuable, but not to the level of the 67s (and let's not talk about 63 Z06s or especially the 5 Grand Sports).

Of the 405 cars, the three years will parallel the 3 years of the disk brake Sting Rays. The middle one, the 94, will be worth the least (but more than any of the 375 cars sort of like the 66 Corvette not quite reaching the popularity of either the 65 or especially the 67) then the 93s, and then the 95s (with the 93 Rubys perhaps approximately on par with the lowest 95s). Within the 95s the double Dunn head cars are likely to be the most valuable. Why? Because even if the heads only deliver a few extra HP (as they are purported to do), they represent about 135 cars that would be, at least theoretically, the highest HP cars before the C6 Z06 cars - and far more rare. Collectors like that type of providence - even if it really doesn't mean much in reality.

Unlike Sting Rays, there will be many very low mileage ZR-1s for a long time to come. This low mileage will be a significant determinant as long as there are many of them out there (and I hope mine is NOT one of them).

Finally, perhaps unlike Sting Rays, I thing the LPE cars will do very well - on par with the best stock examples. Ultimately, ZR-1s proved to the automotive world that performance Corvettes were back and that there would be no compromises moving forward.

For those looking for solace, look to the 58s as inspiration. For perhaps 30 years the 58s were at the bottom of the C1 ladder due to the overdone styling. Today, that very styling has driving them to be the year that is perhaps the most valuable of the C1s (excluding the 53 of course). People will in the long term look to the ZR-1s – and I predict it won’t be very long before that happens.

I'm not sure what you are disagreeing about with me. I'm simply saying that if you have a 67 that is mint and totally restored, regular people are not going come up and say how many miles? Oh 150,000 that sucks. Of course lower mileage cars and more pristine cars cost more $$$. That is always the case. I'm just saying enjoy the cars and then restore them rather then having a car that is 30 years old with 3,000 miles on it.

[flyin ryan]

:happy1:

[LGAFF]

Snake Skinner II went for 60K.....not sure what was special about it aside from having the 89 interior and roll cage....noted side pipes, but no Dymags, had GM A molds.

LGAFF
92 ZR1
#234

[PhillipsLT5]

89

[flyin ryan]

looked a little beat to me. just a little 'too' rough around the edges:neutral:

[LGAFF]

Holy Sh$@

1992 #001 sold for $82K


LGAFF

[ZZZZZR1]

Holy Sh$@

1992 #001 sold for $82K


LGAFF


great price!!!!!!!!!!! That is a collector.....

[4DSZR1]

Considering the ZR1 is going for roughly 140k-150k on the market, the 93 did not add much value.

In the Sunday Phoenix paper there was a new ZR1 advertised for 110K :razz::razz:


No bargain for the pair in my opinion