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Old 10-08-2017   #11
Sphinx
 
Join Date: Apr 2016
Location: NorCal
Posts: 8
Default Re: C4 Corvette ZR-1 Values Are Starting To Rebound

Quote:
Originally Posted by S.hafsmo View Post
Is it not slightly ironic that everyone looking for one is complaining that all the good ones are "overpriced", but as soon as you've acquired one, most topics become a discussion of how undervalued these cars are?

If not even the Z-reg members are willing to pay premium for these, who will?
LOL! Let me explain the paradox. The car is unloved for no good reason. So, when it finally sells (because it is finally priced correctly), the new owner can't figure out why they are so unloved and undervalued. But I don't think that folks who are buying cars priced correctly are saying that they over/underpaid, rather that it is a shame that the market doesn't love them more. But I'm not going to volunteer to love the car more and pay a premium. Why would I? Emotion?

The guys who are getting killed are the one-owner car owners that are in love with their "investment," hoping their once "unicorn" pre-IPO shares will recover from being a penny stock. It might, but it might not.

It's supply and demand and right now, demand isn't strong for the ZR1's.
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