11-09-2009 | #1 |
Join Date: May 2008
Location: USA
Posts: 1,096
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ZR-1s in this Economy
I posted this on CF as well.
I recently read this months corvette magazines. There were many articles about the 2009 ZR-1 as well as the 90-95 ZR-1's. The article went on to talk about future collectibility of both the 2009 ZR-1 as well as the 1990-1995 models. Several experts on the panel were interviewed and gave their opinion as well as commenting on the first ZR-1s from 1970-1972. This panel happened to be printed in Sportcars Market Magazine. I will hold my opinion because I'm not wanting the thread to become a debate. I just want everyones personal opinion and their reasoning behind their opinion. Typically the way BB62 responds to threads. Now that being said, I don't think many of the current ZR-1 owners think they will make alot of $ on Zr-1's. Perhaps some of the original owners felt they would, just like some of the 2009 owners now. The thread is also not about drive the wheels off the car or garage queen. Is the ZR-1 a long term hold? I feel its the most undervalued at this point in time. I just read a comment from a forum member the other day that the 94/95 values will plummet similar to some of the 90's. I feel its a great model to enjoy and drive and hold onto and if you have the $, I think the ZR-1 will be the next car to have because quite frankly in my opinion its not going to be 73-89. I'm looking of adding another ZR-1 to the stable and I am definetly going sell my 93 and maybe my C5. Do you feel values will continue to plummet? Personally, I think the values are really low mainly on the Distress sales and "Rougher" cars. In my opinion in this market, it still takes $20,000 to get something really really nice - IE showroom. Opinion on low color production, years to have, ie 93 ruby, 94/95 Dunn Heads etc? That being said, The ZR-1 was picked as the car to get in this current economy by I think Corvette Fever. Last edited by xlr8nflorida; 11-10-2009 at 10:12 AM. |
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