Thoughts on Lingenfelters
Looking for the brotherhood's thoughts on the future appreciation potential for the Lingenfelter-built cars, and what you would do in my situation?
I have an opportunity to purchase a '90 with a Lingenfelter 368 package in the next couple of weeks, but it would probably require me to sell one of my other two ZR-1s. The Lingenfelter car is not perfect, but it's a very nice car that is pure joy to drive. I just don't have the garage space, free cash, time, or an accommodating enough wife to manage adding and maintaining third ZR-1 right now. I currently have a stock White '91 (98k) which was my first Corvette, and a mildly modified Turquoise '90 (58k) that I drive and do enjoy. Do you think that the Lingenfelter cars will be the Yenko's of the future, and would it be worth moving into one? I would drive it sparingly, and maintain it for future value (like I do now with the '90 that I currently own). Thanks for your thoughts... Scott |
Re: Thoughts on Lingenfelters
IMO they are the cream of the crop C4. I have my '92 for sale in hopes of purchasing a LPE 415 car.
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Re: Thoughts on Lingenfelters
...and after we get Marc Haibeck inducted into the Corvette Musuem Hall of Fame , Lingenfelter (who I also think the world of) will have some comptition as far as the cream of the C4 crop!
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Re: Thoughts on Lingenfelters
Scott,
IMHO, I don't think you could go wrong. I would ensure you have all the original documentation and invoices from Lingenfelter that would validate it. I almost bought one from Maui in Hawaii that sounds like what you are interested in. Surely more valuable, rare and collectible than a standard ZR-1. I would say go for it if you can part with one of yours. You only live once. I believe these cars are truly only worth was someone is willing to pay like many others and finding the right buyer in the end is key. Jim V our VP made good sense to me when we discussed value and what we want to pay for these cars about a month ago (both of us were in the market for a new Z so I sought his advice). Calculating the cost of ownership over the years and just enjoying these cars instead of mothballing them and hoping the value will increase. Get out and drive it! I want one of these: http://www.thelingenfeltercollection...zr1-wide-body/ |
Re: Thoughts on Lingenfelters
Gents,
Thanks for the thoughtful replies... I'll see Jim this afternoon, so I'll definitely pick his brain about values. Scott |
Re: Thoughts on Lingenfelters
We are at the point where automotive icons like Enzo Ferrari, Carroll Shelby, John Lingenfelter are passing on. Much like artwork, the value of their works increase since it can never be reproduced and will only get rarer. Of the Chevy tuners, I hold JL in the highest esteem in terms of quality of work and reliability. He walked the walk and talked the talk. And died that way.
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Re: Thoughts on Lingenfelters
did you buy the 90 turq from Bill Maloney in NJ?
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