There goes the resale value - ZR-1 Net Registry Forums

mike100 · 06-30-2011

btw, I got 17 mpg on my last tank and it was kind of dull- just gonna smash on this tank...not like anybody will pay top dollar for it now

USAFPILOT · 07-01-2011

My 94 went over 50K this year...ugh.

XfireZ51 · 07-01-2011

I think the hot setup is buying a high miler, rebuild the motor with some nice upgrades and then just enjoy driving the darn thing. Worrying about mileage accumulation ruins the whole experience. My BR ZR has 114k on the chassis but the motor has about 20k on it and the heads are recently updated. It has a liberating feeling to just enjoy driving the damn car and not always worry about the odometer.

JThomas · 07-01-2011

1992 ZR-1 #0068. 109,000 miles and counting! I'm not worried about resale, because I'll never sell it.

I know, I should never say never, but you get the idea. Drive it!

LGAFF · 07-01-2011

Once these car become true collectors mileage will only define how much "more" they are worth......look at 63s/BBs......basket cases for $20-30

How many guys sold their 63s/BB cars for 6-7K in the 80s and are kicking themselves now

DaveK · 07-01-2011

I'm with Joe.

rhipsher · 07-01-2011

If you want something collectible then buy something thats collectible right now. Shelbys/SS Camaro's chavelles/Superbee/Super bird ect. None of us know what our Z's are gonna do on the collector market. The experts all say that there are still just to many low mile Z's out there.

LGAFF · 07-01-2011

Anyone read the Corvette marketplace mag article on the 5 most groundbreaking vettes of all time????

1)L88
2)63 Coupe
3)90-95 Corvette ZR-1
4)Callaway
5)01-04 Z06

John Boothby · 07-01-2011

If you buy these things for resale, you would be better off just buying some art to hang on the wall and look at! These will probably never appreciate like the mid-years. According to the newest Corvette Magazine even the new ZR1's are not collector cars. They built too many. Dealers are now discounting them to get rid of them! Our cars will always have the stigma of hard to find parts. People are just too leary of the parts issue even though for the most part that is just perception. I say, keep them maintained and drive em like you stole them!!

tomtom72 · 07-01-2011

I remember when I watched mine flip over to 10k miles back in 05.....I was thinking it's just broken in right about now...then I just noticed that I'm at 49,009 just today, and I'm thinking yep, she's just about broken in right about now....awh heck, I have too much fun just driving her to stop and worry about what my odo reading is doing to her value. Heck, I paid for her, and I darn well am going to use her!

But....to some one else she ain't worth much, but I don't care about that because I bough her and I can't put a price on all those miles of smiles I've had with her. I guess I'm just not cut out to be a collector car owner!

Tom

06-30-2011	#1
mike100 Join Date: Feb 2011 Location: San Marcos CA Posts: 1,802	There goes the resale value btw, I got 17 mpg on my last tank and it was kind of dull- just gonna smash on this tank...not like anybody will pay top dollar for it now

07-01-2011	#2
USAFPILOT Join Date: Aug 2007 Location: Spring TX Posts: 1,348	Re: There goes the resale value My 94 went over 50K this year...ugh.

07-01-2011	#3
XfireZ51 Join Date: May 2007 Location: Chicagoland, IL Posts: 9,708	Re: There goes the resale value I think the hot setup is buying a high miler, rebuild the motor with some nice upgrades and then just enjoy driving the darn thing. Worrying about mileage accumulation ruins the whole experience. My BR ZR has 114k on the chassis but the motor has about 20k on it and the heads are recently updated. It has a liberating feeling to just enjoy driving the damn car and not always worry about the odometer.

07-01-2011	#4
JThomas Join Date: May 2008 Location: Okemos, MI. Posts: 1,189	Re: There goes the resale value 1992 ZR-1 #0068. 109,000 miles and counting! I'm not worried about resale, because I'll never sell it. I know, I should never say never, but you get the idea. Drive it! __________________ Joe Thomas Corvette Club of Michigan NCRS-Michigan Chapter Member NCM Master Ambassador NCM Lifetime Member Former NCM Board Member 1991 ZR-1 Melon Copper Metallic/Black 1992 ZR-1 Bright Red/Black (Sold) 1995 ZR-1 Bright Aqua/Gray (Sold) 2012 ZR1 Super Sonic Blue / Dark Titanium

07-01-2011	#5
LGAFF Join Date: Mar 2007 Location: Crystal Lake, IL Posts: 7,194	Re: There goes the resale value Once these car become true collectors mileage will only define how much "more" they are worth......look at 63s/BBs......basket cases for $20-30 How many guys sold their 63s/BB cars for 6-7K in the 80s and are kicking themselves now __________________ LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359 Last edited by LGAFF; 07-01-2011 at 10:51 AM.

07-01-2011	#6
DaveK Join Date: Jul 2004 Location: Sudbury, Ontario. Canada Posts: 1,538	Re: There goes the resale value I'm with Joe. __________________ 1991 #1516 Black/Black davidmkelly.com "Speed is often confused with insight." - Johan Cruijff

07-01-2011	#7
rhipsher Join Date: Aug 2008 Location: Houston 90 Red ZR-1 Posts: 2,320	Re: There goes the resale value If you want something collectible then buy something thats collectible right now. Shelbys/SS Camaro's chavelles/Superbee/Super bird ect. None of us know what our Z's are gonna do on the collector market. The experts all say that there are still just to many low mile Z's out there.

07-01-2011	#8
LGAFF Join Date: Mar 2007 Location: Crystal Lake, IL Posts: 7,194	Re: There goes the resale value Anyone read the Corvette marketplace mag article on the 5 most groundbreaking vettes of all time???? 1)L88 2)63 Coupe 3)90-95 Corvette ZR-1 4)Callaway 5)01-04 Z06 __________________ LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359

07-01-2011	#9
John Boothby Join Date: Jul 2005 Location: Las Vegas, Nevada Posts: 777	Re: There goes the resale value If you buy these things for resale, you would be better off just buying some art to hang on the wall and look at! These will probably never appreciate like the mid-years. According to the newest Corvette Magazine even the new ZR1's are not collector cars. They built too many. Dealers are now discounting them to get rid of them! Our cars will always have the stigma of hard to find parts. People are just too leary of the parts issue even though for the most part that is just perception. I say, keep them maintained and drive em like you stole them!! __________________ JB 1990 #148 Red/Saddle Haibeck AYBKG5 Chip/RC Engineering/Flowmasters/K&N/Samco/Fuzzy Dice :cheers: Last edited by John Boothby; 07-01-2011 at 03:52 PM.

07-01-2011	#10
tomtom72 Join Date: Dec 2004 Location: Jacksonville, FL USA Posts: 4,645	Re: There goes the resale value I remember when I watched mine flip over to 10k miles back in 05.....I was thinking it's just broken in right about now...then I just noticed that I'm at 49,009 just today, and I'm thinking yep, she's just about broken in right about now....awh heck, I have too much fun just driving her to stop and worry about what my odo reading is doing to her value. Heck, I paid for her, and I darn well am going to use her! But....to some one else she ain't worth much, but I don't care about that because I bough her and I can't put a price on all those miles of smiles I've had with her. I guess I'm just not cut out to be a collector car owner! Tom __________________ 1990 ZR-1, Black/grey, #2233, stock. ZR-1 Net Reg Founding Member #316 & NCM member