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Old 03-14-2016   #7
PostmanZ
 
Join Date: Jun 2015
Location: Las Vegas, NV
Posts: 43
Default Re: Good time to buy a ZR-1

Quote:
Originally Posted by rkreigh View Post
value of the ZR-1 is the smiles per miles more than financial. not old enough to be a classic, and most vette guys move to the latest and greatest.

this post is spot on concerning the testarossa, and ferrari's in general

they have shot up lately I saw a pristine low mile Testarossa for 44k about 6 years ago. wish I bought it. I could tack on `100k and likely get it!!! but I buy my cars to drive not sell which I guess is why have so many vettes!!


Right, as a whole, the collector/sports car hobby is in a big time "bubble" right now. A few years after the RE crash, investors started turning their sights to classic and low production sports cars and it's completely out of control right now.

As you said these ZR1's aren't quite near being considered "classics", but the time will eventually come years down the road. For classic American sports cars it usually takes a little more time for appreciation to arrive. The fact that the ZR was produced in limited quantities and the great story that came along with these cars, will be the selling points when collectors start looking for them down the road.
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