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Old 06-26-2016   #9
spork2367
 
Join Date: Jun 2013
Location: PA
Posts: 874
Default Re: Prices and Valuation

Quote:
Originally Posted by Z51JEFF View Post
I've had 4 Corvettes over the years,bought an 84 in 1987 and I've followed the ZR-1 from the earliest days back to late 87 early 88. The speculation on the car was rampant like nothing Corvette related today,not even the Mid Engine Zora floating around today. This was when horsepower was on an incline,the thought of 375 HP was unheard of in the U.S. so this kind of power was insane. I've said it from day one and I'll say it again, one of these days the popularity of these cars going to take off then what?One thing I'll be glad to see,people stop bitchin about prices in the toilet and people asking when the markets ever going to turn around for these cars. Personally,I like the idea of driving my car from time to time,if the market goes through the roof that might be able to do that. I can see one day and not too long from now that it will be worth the money I've got into it but that doesn't really matter,my cars not for sale. Got a question for the OP,you posted this basically looking for an argument but specifically not asking for anything negative in the responses from the old timers,what's up with that? What's an old timer,those of us that have been doing the ZR-1 thing for awhile.
I'm looking for a discussion, not really an argument. Nothing in your post indicated what is leading you to believe these are going to take off. They aren't even creeping up, they are dropping in value. And if the market or owner base as a whole agreed with you, there likely wouldn't be so many low mileage cars for sale in the 20-25k range )and not selling).

These cars have been amazing 375-405 HP marvels since the day they came out. If it hasn't increased the value yet, it may not.
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