08-02-2008 | #21 | |
Join Date: Mar 2004
Location: Found Member
Posts: 4,346
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Re: Giving them away
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Frank Urbo. NCM Lifetime member # 982 Registry Founding # 237 |
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08-02-2008 | #22 |
Join Date: May 2008
Location: Okemos, MI.
Posts: 1,189
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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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Joe Thomas Corvette Club of Michigan NCRS-Michigan Chapter Member NCM Master Ambassador NCM Lifetime Member Former NCM Board Member 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 |
08-02-2008 | #23 |
Join Date: Apr 2008
Location: Gainesville GA
Posts: 231
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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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1991 ZR1, White/Red. |
08-02-2008 | #24 | |
Join Date: Aug 2007
Location: Norwalk, Ct.
Posts: 76
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Re: Giving them away
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08-02-2008 | #25 | |
Join Date: Sep 2007
Location: Las Vegas, NV
Posts: 29
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Re: Giving them away
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[IMG]http://i48.photobucket.com/albums/f220/cgsihler/ZR-1/1.jpg[/IMG] [IMG]http://i48.photobucket.com/albums/f220/cgsihler/ZR-1/2.jpg[/IMG] |
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