Quote:
Originally Posted by PostmanZ
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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I agree...I think what will def help the ZR1 is the limited number of cars that were built........What could hold it back though is the original sticker price...
Most of the cars, in fact all that were failing in the 80s-90s are way over sticker price for a really nice one now....
Can you see the ZR1 fetching 70-80 grand? Of course not, at least in my opinion..Will they and should they go up in value down the line? Yes...After all, put headers , some porting work and you have a car that can produce horsepower in the low to mid four hundred range.So,they will keep up with today's technology......You can't say the same thing for many of the so called sports cars fetching tons of money,except maybe of course the Ferraris..
Second or third owner ZR1s down the line should hopefully see an upswing in value on there car....Stay tuned.....