C4 ZR1 - Value/Investment - ZR-1 Net Registry Forums

hottrodcrazy · 04-29-2013

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.

04-29-2013	#21
hottrodcrazy Join Date: Apr 2013 Location: North Carolina Posts: 22	Re: C4 ZR1 - Value/Investment 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.