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Old 12-22-2020   #84
WARP TEN
 
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Join Date: Apr 2007
Location: Lake Bluff, IL
Posts: 2,141
Default Re: FS: 1991 Chevrolet ZR-1 NCRS Top Flight (99.5%) survivor. 9894 miles

Quote:
Originally Posted by Erik View Post
I guess I don't see how this car is worth a penny less then the asking price. To me, it's about a perfect looking ZR-1, in my favourite colour, and in a condition that could not be easily duplicated, to say the least. This is pretty damn close to a brand new 1991 ZR-1, which cost over $60k in 1991 dollars. Plus, it needs nothing as is.

When I was buying this summer, I actually thought about this one long and hard. But the Canadian dollar was in the ditch, and it would have cost me over $60k in Canadian money by the time it landed at my door. I admit, this is as close to my dream ZR-1 as possible. I greatly prefer the 1991 styling to the 1990, plus this is my favourite colour. Had the dollar been at par, as it was not too many years ago, I then I would have stretched and made it happen.

I further admit, I don't look at my cars from an investment perspective. If I'd had the money, I'd have bought this exact car new in 1991, and what a lousy investment that would have been. Further, what other car of this caliber could I buy for anything close to this price?

I hope this lovely car goes to a home that will cherish it. It deserves no less.
Well said Erik. I am surprised you simply didn't move to the US and buy the car! As I have told Mike previously, he has a spectacular car that is worth every penny of his asking price. While there are many potential ZR-1 buyers out there, many are constrained financially and can't -- or simply won't -- pay up for the best. But there are people out there who want one, are patient and wait to find exactly what they want. These cars are normally not good financial investments but are amazing to own and drive. When I bought my 1995 in 2012, I paid up a bit for it ($27,000 back then) because it was exactly what I wanted, low miles, two owners, right color,etc. I knew it needed some work and when it arrived I shipped it directly to Marc for a complete servicing. I later had him do his 510HP package. The car was not NCRS worthy but in extremely good condition and a hoot to drive; I put 12,000 miles on it in four summers. I sold it in February 2016 in order to get my Z06 (with some regret I must say). I sold it for $37,000 to a happy buyer who recognized what I had for sale. Of course, I lost about $20k over my ownership so it cost me about $5k a year for the enjoyment of owning that ZR-1. For me it was worth it. Cars depreciate and I am sure my Z06 has also lost $20k of value in my four years of ownership but like the ZR-1, it is a lot of fun to have and drive. Naturally, though, my wife does not have any information on the financial aspects of my cars!--Bob
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2016 Long Beach Red Z06 #10281 "POPS Z"
1995 Polo Green #409 "WARP TEN"--Haibeck 350/510 package, 4.10s, Hurst, Stock Exhaust with QTP Cutouts
--Sold but still running strong
1993 Quasar Blue #161 "HIL KING"
--Sold but still running strong, now with more than 120,000 miles
1967 Marlboro Maroon/Saddle Corvette Coupe 300 hp/4-spd
--Sold a long time ago
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Last edited by WARP TEN; 12-22-2020 at 11:07 AM.
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