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Old 08-21-2012   #1
WARP TEN
 
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Default Any Haibeck 500 cars sold last few years and at what prices?

I am trying to think of ways to justify things I want. I have begun initial planning for some winter work for Marc Haibeck to do on my 20k mile '95. It could be a few small things that need to get done, maybe $500, up to a full boat Haibeck 500 package into 5 figures, or something in between (which was the original plan and remains the most rationale). I know what I want of course, but I am looking for a rationale or justification that goes beyond just sporting a woody.
Thinking of return on investment made me wonder what values have been seen on H500 cars that have sold, if any. I did not notice any for sale while I was looking for my 95, so I don't know if any have been sold lately. I know that a pristine 20k mile '94 sold around $32k with a lot of Marc's work including top end porting, headers, Corsa etc., making about 480 hp. I think it was a great value for the buyer and probably market correct. I also know that it is very difficult to recover performance upgrade investments from buyers, depending of course on initial purchase investment.
So if anyone knows of H500 cars that have sold and what they went for, that would be very helpful to me. If you don't want it public please feel free to PM me. --Bob
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2016 Long Beach Red Z06 #10281 "POPS Z"
1995 Polo Green #409 "WARP TEN"--Haibeck 350/510 package, 4.10s, Hurst, Stock Exhaust with QTP Cutouts
--Sold but still running strong
1993 Quasar Blue #161 "HIL KING"
--Sold but still running strong, now with more than 120,000 miles
1967 Marlboro Maroon/Saddle Corvette Coupe 300 hp/4-spd
--Sold a long time ago
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Old 08-21-2012   #2
Kevin
 
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Default Re: Any Haibeck 500 cars sold last few years and at what prices?

you'll never make back what you spend on mods. they lower the value, not raise it
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Old 08-21-2012   #3
WARP TEN
 
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Default Re: Any Haibeck 500 cars sold last few years and at what prices?

Quote:
Originally Posted by Kevin View Post
you'll never make back what you spend on mods. they lower the value, not raise it
That is my belief also. There is a good argument for leaving a car perfectly stock and go for a Bloomington Gold, and my 95 would have been a great candidate for that. But after modifying my 93 over 13 years and enjoying it, I just didn't want to do the Bloomington thing. I like the mods and some buyers out there do also, but you are right, rarely will you see a real return oninvetment, other than in the grins department. --Bob
__________________
2016 Long Beach Red Z06 #10281 "POPS Z"
1995 Polo Green #409 "WARP TEN"--Haibeck 350/510 package, 4.10s, Hurst, Stock Exhaust with QTP Cutouts
--Sold but still running strong
1993 Quasar Blue #161 "HIL KING"
--Sold but still running strong, now with more than 120,000 miles
1967 Marlboro Maroon/Saddle Corvette Coupe 300 hp/4-spd
--Sold a long time ago
ZR-1 Net Registry Founding Member #95
NCM Lifetime Member
Favorite Quote--Attributed to Mickey Thompson:
"Too Much Horsepower is Almost Enough"
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Old 08-21-2012   #4
Kevin
 
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Default Re: Any Haibeck 500 cars sold last few years and at what prices?

I've recently decided to keep my 90 stock and look for a modded one to buy when the time comes. or just buy a porsche, haven't decided yet
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Old 08-21-2012   #5
BigJohn
 
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Default Re: Any Haibeck 500 cars sold last few years and at what prices?

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Originally Posted by Kevin View Post
I've recently decided to keep my 90 stock and look for a modded one to buy when the time comes. or just buy a porsche, haven't decided yet

Buy a what???
Have you driven one of the new ZR1's yet?
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Old 08-21-2012   #6
Kevin
 
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Default Re: Any Haibeck 500 cars sold last few years and at what prices?

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Buy a what???
Have you driven one of the new ZR1's yet?
nope, and I can't afford one even if I had.
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Old 08-21-2012   #7
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Default Re: Any Haibeck 500 cars sold last few years and at what prices?

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Originally Posted by Kevin View Post
nope, and I can't afford one even if I had.
If you get the chance take it.
You will not be able to stop smiling!


Hey Brad S. has one!!!

Last edited by BigJohn; 08-21-2012 at 12:07 PM.
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Old 08-21-2012   #8
RICKYRJ1
 
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Default Re: Any Haibeck 500 cars sold last few years and at what prices?

I dont think the smart investor is putting a ZR-1 into their investment portfolio. At the very best one might hope for a slower rate of depreciation on their Z compared to other vehicles. Does it really matter what you can sell the car for at some future date if you have many miles of smiles & memories? I took a 95 3k mile car and did a Haibeck 500 pkg as well as many other mods and couldn't be happier (maybe a 415 would make me happier ) Last time I checked our cars have 4 round wheels, drive the thing and have fun. I for one would buy a car that was properly modded. There isn't any guess work with these cars now, everybody knows what works and what doesn't. Good Luck on whatever you decide to do
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Old 08-21-2012   #9
cvette98pacecar
 
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Default Re: Any Haibeck 500 cars sold last few years and at what prices?

If you are going to spend the cash go for the 385 or 402 with a 175 dry NOS the combination will get well you over 700HP. The only drawback is the repair bills and breaking down 500 miles from home.

Last edited by cvette98pacecar; 08-21-2012 at 11:39 PM.
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Old 08-22-2012   #10
WARP TEN
 
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Default Re: Any Haibeck 500 cars sold last few years and at what prices?

Quote:
Originally Posted by RICKYRJ1 View Post
I dont think the smart investor is putting a ZR-1 into their investment portfolio. At the very best one might hope for a slower rate of depreciation on their Z compared to other vehicles. Does it really matter what you can sell the car for at some future date if you have many miles of smiles & memories? I took a 95 3k mile car and did a Haibeck 500 pkg as well as many other mods and couldn't be happier (maybe a 415 would make me happier ) Last time I checked our cars have 4 round wheels, drive the thing and have fun. I for one would buy a car that was properly modded. There isn't any guess work with these cars now, everybody knows what works and what doesn't. Good Luck on whatever you decide to do
Hard to argue with your logic. I am mostly trying to craft a rationale in case the wife finds out :-). I also could do a middle ground approach (top end, headers, etc) and get a lot of fun out of it. And the worst case is I am stuck with a 20 k mile car in great conditon with 4:10 gears, Corsa and a Hurst. Life could be worse! -- Bob
__________________
2016 Long Beach Red Z06 #10281 "POPS Z"
1995 Polo Green #409 "WARP TEN"--Haibeck 350/510 package, 4.10s, Hurst, Stock Exhaust with QTP Cutouts
--Sold but still running strong
1993 Quasar Blue #161 "HIL KING"
--Sold but still running strong, now with more than 120,000 miles
1967 Marlboro Maroon/Saddle Corvette Coupe 300 hp/4-spd
--Sold a long time ago
ZR-1 Net Registry Founding Member #95
NCM Lifetime Member
Favorite Quote--Attributed to Mickey Thompson:
"Too Much Horsepower is Almost Enough"
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