BJ AUCTION ON SPEED

Originally Posted by flyin ryan

It's just a Ruby, .

[WB9MCW]

BB62 very nice info there and thx for posting.

I always thought a 93 Ruby low miles being a 40th Anniv. would be the Top $ but I see your point about a Dunn head 95 low miles being the ultimate collector $$ winner right?

What abt the one Dunn Head ones vs the double Dunn Head 95's how will that shake out?

I have to admit that being a 92 owner I was in hopes the low prod#'s would fare better than deduct for low HP. Oh well at least I have a Black one but not a 'Bleeder'.

We should make you our unofficial 'NCRS' ZR-1 advisor with all the study you have done on collectable vettes.


BTW Jerry could use your advice on his 93 RUBY see >>> I see you already saw hiz post and did a comment.

If you made a matrix chart up with a 1-50 point scale for ZR-1 Collect-Ability $$ predictions that would be really KOOL

Maybe you could start with this as your matrix to begin with and expand it from here.



Perhaps just simple notes added to this chart for special considerations that would add value and your guess as to how many more points it might add in your opinion.

From what you said a Low Miles 95 with double Dunn heads in Red or Black with Red Guts would be 50 points.

Too bad we only have the interior data on the last two years so far.



Why is it that more $$ for Black and Red even though the prod #'s are much higher?

Nature of the collector to desire the Black and Red exteriors and same for red guts?

I would have thought a Adm Blue with Blk int and double Dunn would be the highest $$ but it is not how rare that matters but what the market wants that really matters

[LGAFF]

DR-1 just sold for $286K...

LGAFF
92 ZR1
#234

[gbrtng]

Originally Posted by LGAFF

DR-1 just sold for $286K...

LGAFF
92 ZR1
#234

Who bought it?

[Aurora40]

Originally Posted by LGAFF

DR-1 just sold for $286K...

LGAFF
92 ZR1
#234

Wow, that's awesome! It's one heck of a cool car!

[RICKYRJ1]

Originally Posted by gbrtng

Who bought it?

I think it was Jeffvette

[gbrtng]

Originally Posted by RICKYRJ1

I think it was Jeffvette

I'll believe that when I see his avatar on the fender.

[xlr8nflorida]

Originally Posted by bb62

[quote=xlr8nflorida;52403]I would ask you to keep a few things in mind. Everybody likes low mileage garage queens that look like new. But if you have a 67 big block restored that has 150,000 miles on it, do you think anybody really cares? No, they love the car and pay big bucks for it.

There will be a day, when ZR-1s will bring good $ regardless of their mileage. ......

Jim,

I'll have to disagree with you on this. Big blocks from 67 definitely have a hierarchy with respect to price and "mileage" is definitely a part of that calculation. Trust me on this one given that I've owned C2s for nearly 30 years and have had a 67 435 for over 13 years.

One advantage that ZR-1s have that 67 big blocks don't have is confirming a car as big block. That's a problem with big blocks. You can determine whether a car is a fake, but you have to be real good.

Factors that affect 67 big block values are:

1. Which big block? 390HP, 400HP, 435HP, 435HP L89, L88. 435s can be 50-100% higher than similar 390 cars. 400HP with Air cars are also getting serious attention, but 435s are the highest for generally obtainable cars. L89s and L88s are so rare (16 and 20 produced respectively) that they can draw 300 to 600% of a 435.

2. Color - surprisingly the colors that are the most valuable are the exact opposite of what people today perceive for ZR-1s. Red and black are the most valuable - especially with red interiors. So if ZR-1s follow 435s, be prepared for red and black to lead the value equation in the long term. Silver is next, the three blues are mid value, maroon, white, and yellow are next with green as the least valuable.

3. Originality are another factor. The most valuable of all 435s are "benchmark" type cars. This means unrestored with low mileage in good enough condition to garner an NCRS top flight award (at least at the regional level) or Bloomington gold. Note that there are at best 15-20 benchmark quality 435 cars left. Newly restored cars are next on the list in terms of value, then older restorations, and finally drivers with little originality and then the modified cars (many of which can prove to be 435 cars - but it's very expensive to restore these cars).

4. Documentation, if it’s the right type, can often add 30% to the value of a car.

5. Mileage to some of the top collectors IS a factor. When I bought my car, I was informed of the car by a major collector whom I know fairly well. He was looking for a super low mileage 435. He already owned 2 67 L88s and was looking to branch out! He originally wanted to purchase mine (which at the time had 28K) on it, but found a green 435 coupe with 8900 miles instead - so he bought that one. He told me that mine was the second best original 435 he'd seen - ha. ha. Anyway I got lucky because I was looking for a silver car - and he was aware of it - so it turned out to be a great tip

This was back in 93 - but as you can imagine, I still stay very close to that world as well. 67 Corvettes are a world on their own. I know a number of collectors who focus solely on 67s and the rest of them don't matter. I think that's why 67s generally demand so much more than any other Sting Ray.

As for ZR-1s, from what I've garnered watching over the past few years (you didn't think I bought a ZR-1 on impulse, did you?) is that a combination of rarity and perceived performance will be the driving factors. Here's my view of where the long term value is:

405HP cars will be worth more than 375HP cars due to numbers (5591 versus 1344). People also like threshold numbers and over 400HP is something like a magical hurdle that will hurt the 375HP cars. It's all perception.

Within the 375 cars, the 90s with low mileage will be the most desired. 91s and 92s (in spite of 92 production numbers) and higher mileage 90s will be a bit behind. This kind of parallels the Sting Rays in that the 63 coupes are very valuable, but not to the level of the 67s (and let's not talk about 63 Z06s or especially the 5 Grand Sports).

Of the 405 cars, the three years will parallel the 3 years of the disk brake Sting Rays. The middle one, the 94, will be worth the least (but more than any of the 375 cars sort of like the 66 Corvette not quite reaching the popularity of either the 65 or especially the 67) then the 93s, and then the 95s (with the 93 Rubys perhaps approximately on par with the lowest 95s). Within the 95s the double Dunn head cars are likely to be the most valuable. Why? Because even if the heads only deliver a few extra HP (as they are purported to do), they represent about 135 cars that would be, at least theoretically, the highest HP cars before the C6 Z06 cars - and far more rare. Collectors like that type of providence - even if it really doesn't mean much in reality.

Unlike Sting Rays, there will be many very low mileage ZR-1s for a long time to come. This low mileage will be a significant determinant as long as there are many of them out there (and I hope mine is NOT one of them).

Finally, perhaps unlike Sting Rays, I thing the LPE cars will do very well - on par with the best stock examples. Ultimately, ZR-1s proved to the automotive world that performance Corvettes were back and that there would be no compromises moving forward.

For those looking for solace, look to the 58s as inspiration. For perhaps 30 years the 58s were at the bottom of the C1 ladder due to the overdone styling. Today, that very styling has driving them to be the year that is perhaps the most valuable of the C1s (excluding the 53 of course). People will in the long term look to the ZR-1s – and I predict it won’t be very long before that happens.[/quote]

I'm not sure what you are disagreeing about with me. I'm simply saying that if you have a 67 that is mint and totally restored, regular people are not going come up and say how many miles? Oh 150,000 that sucks. Of course lower mileage cars and more pristine cars cost more $$$. That is always the case. I'm just saying enjoy the cars and then restore them rather then having a car that is 30 years old with 3,000 miles on it.

[flyin ryan]

[LGAFF]

Snake Skinner II went for 60K.....not sure what was special about it aside from having the 89 interior and roll cage....noted side pipes, but no Dymags, had GM A molds.

LGAFF
92 ZR1
#234