02-11-2022 | #26 |
Join Date: Sep 2008
Location: Mullica Hill, New Jersey
Posts: 2,593
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Re: '94 ZR-1 Sold on Cars & Bids in October-commentary
Rick,
Not sure what else "looking at it" would reveal. It is a lower mile car so it SHOULD look good. There is no escaping the cost of going through it in order to again make it road ready. The basic things must be done and you have an idea of the cost. An inspection will not yield clues to any of the unknowns with what is essentially a barn find from a nicer barn. I don't comment on prices of private owner vehicles. However, the "value" of a low mile 94 is somewhat known. Subtract from that number the estimated repair costs, and that would be the high target price. Although with the unknowns, a further adjustment must be considered. It would be far less of a gamble to fall in love with a well kept and maintained running car with full records from, ideally a Registry private party, most of whom would take great pains to make sure that you would know EXACTLY what you are getting. There are dozens of nice sorted-out cars at all price levels that offer far more of a chance of avoiding the unknown. Without knowing your potential real cost you are turning toy buying into a casino game. You might win, but.................. Often the car that seems like a "deal" may not be. So again, back to the question you have to ask yourself. "Do I feel lucky?" Best wishes for a successful search and find! Marty |
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