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Old 08-02-2008   #21
FU
 
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Default Re: Giving them away

Quote:
Originally Posted by cuisinartvette



Marriage...you guys can have it.


Ugh.
I like it. The woman is a saint.....
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Old 08-02-2008   #22
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Default Re: Giving them away

I'm new to the forum and recently purchased my '92 Z in April of this year. I always wanted a ZR-1, but in 1992 I wasn't able to spend the $66,000 the car cost back then. Things are different today. I purchased my car for a decent price, IMO, considering it is now a very high mileage car. My plan is to refurbish it over the new two years. Currently it is running properly and the next item on the list is to clean up the interior, but for the rest of this summer I'll drive it and have fun.

I didn't buy the car as an investment, it was purchased because I always wanted one to simply enjoy. Plus it's a nice stable mate for my '07 Z!

Save the Wave
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1991 ZR-1 Melon Copper Metallic/Black
1992 ZR-1 Bright Red/Black (Sold)
1995 ZR-1 Bright Aqua/Gray (Sold)
2012 ZR1 Super Sonic Blue / Dark Titanium
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Old 08-02-2008   #23
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Default Re: Giving them away

Please, a car as an investment? The ZR1 is an absolute blast. However it is still a car will decrease in value. Now in the future when the sampling of cars is smaller, nostalgia and availability will drive the value up. But what I see in the vintage cars from the past that sell for top dollar is they have been restored. That generally means that most if not all of the car has been disassembled, parts repaired or replaced and then it is put back together in stock form. This in itself is time consuming and costly. So if you bought a car stored and drove it very little I am sure when you sell it as prices go up that you will get your money back. In order to achieve the highest price this same car with very little mileage will still need to be restored as time will take its toll on a car even if it does not move. This is one investment that I plan to drive until I die, as they say you can't take it with you. I will get the most out of it for me which is to drive it. That is what I expect out my investment on this car and I could give a rat's a what it is worth to someone else as IT NOT FOR SALE. See you on the highway.
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Old 08-02-2008   #24
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Default Re: Giving them away

Quote:
Originally Posted by White Bullet
Please, a car as an investment? The ZR1 is an absolute blast. However it is still a car will decrease in value. Now in the future when the sampling of cars is smaller, nostalgia and availability will drive the value up. But what I see in the vintage cars from the past that sell for top dollar is they have been restored. That generally means that most if not all of the car has been disassembled, parts repaired or replaced and then it is put back together in stock form. This in itself is time consuming and costly. So if you bought a car stored and drove it very little I am sure when you sell it as prices go up that you will get your money back. In order to achieve the highest price this same car with very little mileage will still need to be restored as time will take its toll on a car even if it does not move. This is one investment that I plan to drive until I die, as they say you can't take it with you. I will get the most out of it for me which is to drive it. That is what I expect out my investment on this car and I could give a rat's a what it is worth to someone else as IT NOT FOR SALE. See you on the highway.
I have friends that have made alot of money on cars especially Corvettes of every generation. If everyone maintains the depreciating story & Z's are special cars in the breath this is very confusing to all that are reading in forum considering the purchase of one & is trying to educate oneself. Back in the early ninety's some felt that the 76 through 82 were throw away Vettes & would never have appreciative value. Now they are being restored & sold. There is a guy that I meet @ a cruise in the early spring that had bought a body off 77 for 25 Grand. I asked him why? Because he always wanted one & it was a new Vette @ half the price. The Z I just got from Phrogs is just short of a body off. Johnny addressed all the issues. So there is someone out here with a restored Z. The car had short of 62K on the speedo @ completion. Someone had to be the first to do this. Thank-you again Johnny for an outstanding job.
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Old 08-02-2008   #25
Sihler
 
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Default Re: Giving them away

Quote:
Originally Posted by White Bullet
Please, a car as an investment? The ZR1 is an absolute blast. However it is still a car will decrease in value. Now in the future when the sampling of cars is smaller, nostalgia and availability will drive the value up. But what I see in the vintage cars from the past that sell for top dollar is they have been restored. That generally means that most if not all of the car has been disassembled, parts repaired or replaced and then it is put back together in stock form. This in itself is time consuming and costly. So if you bought a car stored and drove it very little I am sure when you sell it as prices go up that you will get your money back. In order to achieve the highest price this same car with very little mileage will still need to be restored as time will take its toll on a car even if it does not move. This is one investment that I plan to drive until I die, as they say you can't take it with you. I will get the most out of it for me which is to drive it. That is what I expect out my investment on this car and I could give a rat's a what it is worth to someone else as IT NOT FOR SALE. See you on the highway.
Actually, original examples, unrestored and in good condition, sometimes even in average condition sell for much more than restored examples.
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