1990 ZR-1 Value
First time posting, but I have been looking at getting a ZR-1 for awhile now and I am getting close to buying one. I'm looking to see what you guys think the one I am looking at is worth. I know it is very hard to give an estimate without seeing a car, but I will try my best to list everything I know.
It is a 1990 Red/Black ZR-1. 20,000 miles. Second real owner, was GM exec car for 3 years at first (don't know if this does anything to value) Paint and interior are great Has both a clear and red top Working radio Everything should be original What do you think it is worth? What should I offer at first? What other factors do I need to look for that could affect value a lot? Any advice would be greatly appreciated! I hope to be a true member of the community very soon! |
Re: 1990 ZR-1 Value
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Re: 1990 ZR-1 Value
Maybe 17-18K tops
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Re: 1990 ZR-1 Value
I have yet to see anything clean in that price range with 20,000 miles. Most dealers have their cars listed for around $27k and I have seen a few private ones listed at $24k.
http://www.zr1netregistry.com/Market...-24000-MD.aspx This car from the registry has 19000 miles and the owner is asking $24k. I just want to get a better idea of what they are actually going for before I make an offer. |
Re: 1990 ZR-1 Value
Asking prices are not relevant. They do not represent the reality of the market.
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Re: 1990 ZR-1 Value
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Re: 1990 ZR-1 Value
I bought my red 90 for 20,600 about 6 months ago it has 18000 miles, new tires, both tops, all original paperwork and owners kit. The cars paint, leather windshield are all original and flawless.
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Re: 1990 ZR-1 Value
Lot L95 in the post above about sums it up. Resale red, appears to be wearing its original tires, and sold for 19K.
We who've owned one know the ZR-1 is very special. But unfortunately, to the rest of the world, it's just a C4. |
Re: 1990 ZR-1 Value
Mecum rarely brings top Dollar for Zs......
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Re: 1990 ZR-1 Value
gm exec car means it was beat to **** every weekend.....
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Re: 1990 ZR-1 Value
Sad to say I don't think it's just a Mecum Auction thing as I bought mine direct from the owner through this forum. Cars that you see advertized for bigger $$ tend to set, just look at what is going on with cars on ebay, here and the other vette forums. I feel that I paid top $$ for mine and the guy selling it came way down off his original asking price after having for sale for quite some time.
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Re: 1990 ZR-1 Value
If you buy cash and have it on hand you can buy a nice car for 17 or less. I mean a real nice car. Lots of people are selling but not able to get offers to what they really are worth. Eventually some of those sellers just take the hit and sell at a ridiculous price. I settled at a ridiculous price and decided I did not want to be selling this thing for 2 or 3 years. I made it go away. 17k should be the most you would need to spend. I dont see a guy walking away from a pile of cash after he has been trying to sell it for years unless he has extra storage and and it doesnt matter. I know of guys who have great cars on this forum but will not get what they should get for there cars. It is a buyers market. cash is king.
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Re: 1990 ZR-1 Value
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Times are still tough today many many toys hitting the market cheap Very narrow group of buyers for the Z Dont pay attention to asking prices Not many are going to be happy with what they can get had my own toy up for grabs...had a 30k offer turned my nose up at it be lucky to get 20k now. Appraised (which means nothing really) for 60k.Just the way it is. |
Re: 1990 ZR-1 Value
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Re: 1990 ZR-1 Value
I have a black on black 90 that I have won class in multiple shows with. 21k miles. And though it isn't going to be for sale - I doubt I could get much over $20k for it right now. The market SHOULD be higher since there were less then 7000 of these made over 5 years and the number still alive is dwindling - but reality is that they are unappreciated. People see "just a C4" and you can buy C4's for under $10k all day long.... Same reason I only put my car in Corvette only shows - in an all inclusive show it gets few looks. At least in CO shows you have the benefit of being with other C4's, where it shines, and sometimes they put C4 and C5 in one class (won those too). SO - I wouldn't offer over $21k and that is a strong offer IMO....
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Re: 1990 ZR-1 Value
The current C4 market is sad to see. But the other issue is I can go out and buy a used 80k+ mile C5 Z06 for around 14k from a dealer, or a C6 Z06 for no joke 26k. It's a tough sell when it's easy to get 650+ hp from that LS7, and the car has a 400lb advantage, Ti rods and intake valves plus some magnesium goodies.
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