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Old 06-23-2020   #13
bb62
 
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Join Date: Oct 2008
Location: Michigan
Posts: 129
Default Re: ZR-1 current market value guide?

Quote:
Originally Posted by WARP TEN View Post
I posted this over on the CF and thought I would tee it up here as well.

Here is a page from the 2020 Sports Car Market Price that lists their median values for ZR-1s they have seen at auctions. SCM is a great publication that follows auctions around the world and produces a fine magazine each month. But this guide, like any others purporting to show book values are just that--books. The books are guides and nothing more. The value of the car is what it is to you. Back in 2011-2012 I searched for at least six months for a '95 I wanted and paid about $28k including shipping from California to Chicago. Even though it was in overall excellent shape, it had some needs so I had Marc Haibeck go through it and bring it up to good operating condition; by the time I had it up to my requirements I probably had over $30k in it. But it was a good solid car with only 22,000 miles on it and one that I wanted. So I may have over paid but it was the right car and price for me at the time. Of course if you actually catch the ZR-1 virus (much worse that Covid-19) you will discover how easy it is to put in say, another $20k, to get it up to over 500 HP. So when you sell it, someone else will get the advantage of all that investment (so it is always good to look for an already properly modified car done by one of the reputable guys known to the Registry members). Now I got a pretty high price for my '95 in 2016, $37k, but I was out of pocket a fair amount and the new owner got the benefit. But boy was it fun for a few years.....Bob
Interesting that the ZR-1 is listed as an "investment grade" of "C". And yet the Callaways all are rated "Ds" with lower pricing than even the ZR-1s. Listening to some Callaway owners on the net, they seem to be convinced their cars are all 6-figure in value.
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