C4 ZR1 - Value/Investment

[hottrodcrazy]

Fully Vetted, I couldn't have said that better myself! It's not a fair comparison at all. I'm speaking of a good investment in terms of cars, not in terms of every investing option. I've invested in classic vettes and I've invested in stocks, mutual funds etc. I know both can either payoff or they can lose you money.

I'm not an inexperienced person when it comes to looking for ways to invest my money or when it comes to cars, most specifically corvettes. I have chosen to reach out for thoughts and experienced opinions on this forum because when it comes to corvettes I am inexperienced about ZR1's in that I have never owned one. Some people have mentioned that I shouldn't look at the car as an investment if I'm going to mod it, for me, I'd say that goes without saying. I don't intend to mod it, I don't intend to put more than a few hundred miles a year on it, and I intend to keep it in a garage, as it has been kept it's whole life. I understand the opinions of those who feel a Corvette should be enjoyed. I've previously owned a Z-06 which I loved and drove every chance I got, this however, I don't feel is the car to do that with. If the miles were higher, yes absolutely I'd drive it frequently.

I also feel like based on some of the responses I've gotten some people feel when I'm speaking of this being an investment I have unreal expectations. I know this car isn't going to double in value within 10 years or anything like that. One can dream, but I'm a realistic guy, I know that won't happen. If I can keep it atleast a few years and make a few thousand dollars if I decide to sell it then I consider that a good investment because right now, in today's economy that's not a bad return.

Anyway, thanks for the opinions and thoughts.

[Kevin]

then buy it, don't bother doing anything to it and roll the dice.

[Fully Vetted]

I actually wish I had 2. One modded like I have now and one absolute prestine 5k mile NCRS winner that I could store in a time capsule to be opened in about 30 years. But, if I could only have one it would def be the driver.

[RyanChappel]

We can end this now....

My '91 (red/red) has 19K miles, original, two sets wheels (orig and Amolds), Has new Accel injectors, exhaust refinished, Air conditioner updated,CD player and speakers rebuilt, brakes flushed DOT3, Cluch hydraulics flushed, new secondary fuel pump, BFXBG2 engine calibration,
garaged, covered, still smells like new leather....

$ 25K today....save yourself 3-4 grand on upgrades...

Ryan Chappel

[rkreigh]

ZR-1 is a great car and if that car is in really nice shape it's a fair price

you can always find "better for cheaper" if you look long enough

my advice, get a ZR-1, invest in driving it often, profit from the pleasure

I've got just under 80k miles on a 500 rwhp stroker ZR-1

I could have "put it away" and it would be worth more, but I value the stick time way more than saving it for someone else

the ZR-1 isn't rare enough to be a hemi cuda or shelby or L88 vette

but for my money, I'd drive them TOO!!

life is too short to drive junk, get a ZR-1 ASAP and drive it like you stole it

they have more problems from sitting than being used. I'm on my 4th ZR-1 now and I make sure to get the car out a few times per week and it's been super reliable, and the only thing I need to budget for is tires!!

needs new ones again.