Solution for Parts Availability Concerns - ZR-1 Net Registry Forums

DRM500RUBYZR-1 · 08-17-2018

Seems every week, the sky is falling.

Some lament that ZR-1 parts are getting hard to find, will soon run out, cars will become scrap, extinct and worthless.

Some facts.
Chicken Little also felt the same way about Fuel Injection parts for 50's and 60's Corvettes. He said there were only 10,000 or so made, and they are becoming extinct and Fuelies will become worthless.

Never Happened!

Came Close, but then folks started to harvest parts from deceased cars, NOS parts kept turning up, re-builders stepped in as prices soared for the unobtanium, and low and behold, even though over FIFTY YEARS have passed, I can still this day get any piece I need, or an entire unit as long as I open my check book.

While I have been told that dinosaurs died, and they did, there is no rational argument that proves that the same thing won't play out for ZR-1 parts. While some may FEEL that no one will want these cars in the future, that has never been factually proven to date.

When some restorer needs an ignition module to finish a full restoration that has taken years and tens of thousands of dollars to complete, do you really think they won't write the required check to get one?

And when they stand with pen poised over the check, you really don't think some entrepreneur will find a way to give them what they need to get that "priceless" part.

God, I love capitalism!

Now,
ZR-1 parts have a two fold issue.
1- there are not many
2- EVERYONE maintains a stash!

They then read the stuff on this and other forums, and they buy and stash more and more exacerbating the problem.

SOLUTION

Form the 1st National Bank of ZR-1 Registry Parts.

You become a "depositor" by placing some or all of your stash in the "BANK"
As you deposit you build up a "value" equal to the current market value of your deposits.
Depositors only may make withdrawals of ANY part currently held by the bank at today's market price plus 10% for the bank.

Given some time, the hordes of stashed parts would move into the bank and become available to those that need them, likely fulfilling the actual "NEEDS" for many years to come.

Unavailable parts could be listed as wanted with a current willing to buy price. As those prices rise, someone will step in and find a way to develop a solution.

Just a brief outline, but you get the idea.
Members can submit refinements and suggestions and eventually a workable bank would become feasible.
The Registry could either hire someone to run the bank, or source it out to any company that wants to run it. ( I do not ).
There are likely many, many potential depositors out there.

These cars will become restoration candidates in the future.
As such, then vendors that furnish parts today for the 53 and up, will soon discover the C-4 ZR-1 market as the demand begins to swell.

OK, I think I will solve world peace now.
Marty

08-17-2018	#1
DRM500RUBYZR-1 Join Date: Sep 2008 Location: Mullica Hill, New Jersey Posts: 2,619	Solution for Parts Availability Concerns Seems every week, the sky is falling. Some lament that ZR-1 parts are getting hard to find, will soon run out, cars will become scrap, extinct and worthless. Some facts. Chicken Little also felt the same way about Fuel Injection parts for 50's and 60's Corvettes. He said there were only 10,000 or so made, and they are becoming extinct and Fuelies will become worthless. Never Happened! Came Close, but then folks started to harvest parts from deceased cars, NOS parts kept turning up, re-builders stepped in as prices soared for the unobtanium, and low and behold, even though over FIFTY YEARS have passed, I can still this day get any piece I need, or an entire unit as long as I open my check book. While I have been told that dinosaurs died, and they did, there is no rational argument that proves that the same thing won't play out for ZR-1 parts. While some may FEEL that no one will want these cars in the future, that has never been factually proven to date. When some restorer needs an ignition module to finish a full restoration that has taken years and tens of thousands of dollars to complete, do you really think they won't write the required check to get one? And when they stand with pen poised over the check, you really don't think some entrepreneur will find a way to give them what they need to get that "priceless" part. God, I love capitalism! Now, ZR-1 parts have a two fold issue. 1- there are not many 2- EVERYONE maintains a stash! They then read the stuff on this and other forums, and they buy and stash more and more exacerbating the problem. SOLUTION Form the 1st National Bank of ZR-1 Registry Parts. You become a "depositor" by placing some or all of your stash in the "BANK" As you deposit you build up a "value" equal to the current market value of your deposits. Depositors only may make withdrawals of ANY part currently held by the bank at today's market price plus 10% for the bank. Given some time, the hordes of stashed parts would move into the bank and become available to those that need them, likely fulfilling the actual "NEEDS" for many years to come. Unavailable parts could be listed as wanted with a current willing to buy price. As those prices rise, someone will step in and find a way to develop a solution. Just a brief outline, but you get the idea. Members can submit refinements and suggestions and eventually a workable bank would become feasible. The Registry could either hire someone to run the bank, or source it out to any company that wants to run it. ( I do not ). There are likely many, many potential depositors out there. These cars will become restoration candidates in the future. As such, then vendors that furnish parts today for the 53 and up, will soon discover the C-4 ZR-1 market as the demand begins to swell. OK, I think I will solve world peace now. Marty