Question about value of 92 ZR-1

[dorri732]

So I'm considering selling my '92 ZR-1. I'm having some difficulty determining how much to ask. Most of the ZR-1's I see selling are in very good condition and mine is not. It has 130,000 miles on it, and looks like it. It has had a pretty lousy repaint at some point, and the interior has some rips/tears, etc. The weatherstripping needs attention.

Mechanically, it seems to be in really good condition. I've replaced all 16 fuel injectors, and the engine runs strong. The secondary system is still in place and functional. I can't really feel any difference when switching between suspension modes, however.

Here's a picture of it. The rear has been lowered since that was taken. Here's one with another set of rims/tires. Those are Nitto NT-01's with most of the tread remaining.

Any thoughts on what this car could bring?

Thanks

[tccrab]

Sadly, C4's in general aren't worth much these days, even our beloved and rare ZR1's.
And to make matters worse, it sure don't look like their values will be appreciating any time soon.
There were 502 '92's and white was the third most common color with 78 white Z's made.
Your biggest price deductions arise from the repaint and the interior condition. Neither of these will be easy or cheap to fix.
Anyone who knows anything about the LT5 engine knows that if properly maintained it will continue to perform way into the 200-300k miles range as evidenced by this list of known 100k+ mile cars:
http://www.zr1netregistry.com/Inform...0MileClub.aspx

I'd start by asking $15-18k and see if you get any bites.
It's worth at least $10-12k, I wouldn't go any lower than that.

'Crabs

[Mystic ZR-1]

Don't give it away!!!
Sometimes we're our own worst enemies...

[taximan]

Originally Posted by Mystic ZR-1

Don't give it away!!!
Sometimes we're our own worst enemies...

So true. These cars have finally bottomed, and will see gradual but steady appreciation.

The attached numbers in kbb are from "sold" cars. granted these are 95, low mile cars, but the overall c4 zr1 market is changing. The numbers of available zr1s are at an all time low.

Unfortunately, the most popular years, colors, and low mileage ones go up the most.

[bamawrx]

Is that a grey 928 in the first photo? Cool car.

[cvette98pacecar]

I wish you luck selling your car. As for the price TCCRAB is right on the money.
10k to 12k.
It is unfortunate that our cars are not appreciating as they should. And as for the cars that are worth money, those are the 5k or so that are not driven with less than 1000 miles.
This is just my opinion, There is a very small nitch market for the Z, and most of the owners already have one or more.

[dorri732]

Originally Posted by cvette98pacecar

As for the price TCCRAB is right on the money.
10k to 12k.
It is unfortunate that our cars are not appreciating as they should. And as for the cars that are worth money, those are the 5k or so that are not driven with less than 1000 miles.
This is just my opinion, There is a very small nitch market for the Z, and most of the owners already have one or more.

I listed it for $12,500. We'll see if I get any bites. I also listed it on the Marketplace here, but it hasn't shown up yet.

Lots more pictures here, if anyone is interested.

Thanks!

[dorri732]

Originally Posted by bamawrx

Is that a grey 928 in the first photo? Cool car.

It's this one. I sold it a few weeks ago. Downsizing.

[bamawrx]

Originally Posted by dorri732

It's this one. I sold it a few weeks ago. Downsizing.

Man we may have worked out a two car deal! I'm looking for C4 ZR1 and love the P928. Never thought the same guy would have both. Guess its the interest in that generation of sports cars.

I'm hoping to find a Z car closer to home so I can go look at it first. Just missed out on a 35K mile car for 15K in good condition. Sold day before I could get seller to return my email. Good luck on the sale of your cars.

[XfireZ51]

Have you thought of parting it out?
Don't see many 928s and that one looks pretty nice. I tended more towards the 944.
Drove one and was impressed with that German tautness in the steering and suspension.