06-28-2016 | #41 |
Join Date: Jul 2007
Location: Bartlett, IL
Posts: 7,169
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Re: Prices and Valuation
Only useless thing I can add is I never purchased my car as a money investment. I bought mine because I always wanted one since they came out.. Thee will always be someone faster than me, there will always be one newer than me. At the end of the day, I have a fun car in the garage and a smile on my face
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1990 Corvette ZR-1 #1051 Watson Headers (2" Primary) - Flowmaster Cats - Borla Catback Late Model IH - Plenum Coilovers - 4.10s Custom Interior NCM Lifetime Member #978 |
06-28-2016 | #42 | |
Join Date: Dec 2007
Location: NYC
Posts: 1,189
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Re: Prices and Valuation
Quote:
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90 Chevy ZR1 LPE #2315 'SOLD' 90 Chevy ZR1 LPE #2774 'SOLD' 91 Chevy ZR1 Callaway aerobody 91 Chevy ZR1 #1512 91 Chevy ZR1 #951 95 Chevy ZR1 #338 'SOLD' 91 BMW 850i 94 BMW 850csi 95 BMW 850csi 94 Lotus Esprit S4 07 Benz CLS550 06 BMW M5 "SOLD" |
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10-05-2016 | #43 |
Join Date: Aug 2005
Location: Northridge, CA
Posts: 1,461
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Re: Prices and Valuation
More not good news.
Read the last paragraph about the ZR-1 http://collectorscarworld.com/news/graph-of-the-week-7/ |
10-05-2016 | #44 |
Join Date: Mar 2007
Location: Crystal Lake, IL
Posts: 7,194
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Re: Prices and Valuation
World speed history needs to be publicized as part of its history.....class record still stands!
, http://www.fia.com/sports/fia-world-land-speed-records Overall is with the VW W12 Prototype
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LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359 |
10-05-2016 | #45 | |
Join Date: Jun 2013
Location: PA
Posts: 879
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Re: Prices and Valuation
Quote:
The body style was too much (or too little I suppose) for the awesome engine to overcome, and the fear of parts availability will never allow them to reach their potential as investment cars. That doesn't stop us from loving the car, buying them, and keeping them running, it just stops them from accruing major value. I know there are people out there (and in here) waiting for these to go the way of the Ferrari 308, but it isn't likely to happen. I laugh every time I drive by a base C4 listed over 10k....yeah, good luck. |
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10-05-2016 | #46 |
Join Date: Jun 2012
Location: Conroe Texas
Posts: 315
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Re: Prices and Valuation
I think everyone's question to prices of our cars are valid. For me, I bought mine first because of the depressed price and hope for increased value in future. I think I bought them right. Will they go up in value? In reality no one even on here knows. I have 2 with low mileage I drive sparingly, just around block to keep them running. The third I drive but not a lot. If they skyrocket up in 5 years, I look like a genius. (Which I'm not!) If they don't I have 2 brand new cars that I absolutely love having, because I could not afford brand new. For those of us who drive them like they stole em, and they'll never go up in value, I think thats a great idea. For those of us that are keeping them in our museum at home, I think thats a great idea. No one is wrong either way. Buy em and do what you love to do with them! And btw, I think everyone is entitled to my opinion. Although I could be wrong. Just my 2 cents.
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1990 ZR1 Red/Black #2469 1990 ZR1 Black/Black #843 1993 ZR1 Ruby 40th Anniversary #112 |
10-05-2016 | #47 |
Join Date: Sep 2016
Location: Atlanta
Posts: 93
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Re: Prices and Valuation
i'm new over here from fchat....so this may be out of turn but...
i'll call hogwash on the parts / electronics issue... many of the F cars have parts that are NLA (as in your paying $2k for a fog lamp) or it needs to be made. when i sold my car, springs and rear sway bars were not available for my model. seen testarossa prices lately ? what about 928s ? they are electrical nightmares. they've more than doubled. the cost to rebuild motors on a 88 M3 and M5 cost as much as a used ZR1. they have tripled plus in value. ZR1s cars are cheap. |
10-05-2016 | #48 |
Join Date: Jun 2005
Location: pittsburgh
Posts: 4,632
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Re: Prices and Valuation
You're not out of line at all. A friend of mine owns both a red head and a 928 and the prices of these cars are insane. Even 328 prices are getting nuts. And dare I say that the 928 and TR aren't that great to drive.
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It's not the car, it's the people - Doug Johnson 90 r/r "KEYS ON" nick named "T.L.B" |
10-06-2016 | #49 |
Join Date: Feb 2011
Location: San Marcos CA
Posts: 1,802
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Re: Prices and Valuation
I've been getting $15k-ish offers on my 42k mi 91. I think it is worth a little more, but you have to accept the fact that these cars are getting closer to $10-$12k range for higher mileage examples and everybody wants a deal.
No first time C4 owner is thinking about spares, rebuilt ZF's, or the fact that one car has had thousands of dollars thrown at it and another not. They just want the cheap price. |
10-06-2016 | #50 | |
Join Date: Jun 2013
Location: PA
Posts: 879
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Re: Prices and Valuation
Quote:
A Ferrari 308 (same class as ZR1) ECU can be had on Ebay for 400.00. When is the last time you saw a ZR1 ECU for 400.00? A Ferrari 308 ignition module is 200.00. A Porsche 928 ignition module is 250.00. And that is for cars that are double or triple the price of a ZR1. So based on the average value of a 308 an ignition module is .0033 percent of the cars cost. The average cost of a 928 is about 70,000. That makes the ignition module about .0035 percent of the cars cost. A decent ZR1 ignition module without broken plastic is going to run 700.00. With the average price of a ZR1 hovering in the 25,000 range that makes the ignition module almost 3% of the cars cost. That's insane. People are going to start buying 10,000 dollar drivers for parts cars. In the case of the 928, the basic engine architecture of the DOHC engine spanned a 10 year production period and they made 61,000 928's (20,000 with DOHC engines). In the case of the 308, the engine was used in multiple models, not just the 308. It was also in production for several decades. And even the Ferrari 308 saw 13,000 units produced. Despite the fact that ECU and ignition module failures constitute a relatively low percentage of issues that make a ZR1 a paperweight, if you own the car where one fails....you aren't going to care that you make up the .001 percent of failures. In 5 years there likely won't be any DIS modules for sale. I am on my way to owning two parts cars and a complete engine and I don't have a driving ZR1... |
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