Rather interesting>>>

[ZR1Vette]

http://www.hagerty.com/lifestyle/hob....aspx?id=42674

Comments anyone?

[secondchance]

It is my opinion that under current economic situation, value of any kind of collectibles are bound to nose dive.
Furthermore, based on what I have witnessed back in mid 70s to early 80s, we are once again heading into lean years in terms of performance. Will this have positive effect on high performance cars like our ZR-1s?
Way I see it, if the price of gasoline stay depressed, yes.
However, I have a feeling price of gasoline will once again sky rocket with economic recovery.
I hate to say this but value of ZR-1s probably will stay down for a few years and until the next boom. For an example look at historic value of muscle cars such as Cudas, Chevelles, etc...
I my mind, all this is irellevant. Most of us bought our car because we appreciated it's engineering and performance. If we were concerned about investment we would have spent our money on stocks and would be crying our eyes out since last fall.
Car lovers look at value of my car as an indicator of how other car lovers appreciate and desire a particular model. Regardless of market, I personally view purchase of a car as a true investment in a sense that I am investing in fulfilling my desire and nothing else.
Perhaps, that is why all the cars I have owned (my personal cars) was and is my daily driver.
Don't misunderstand, I understand and appreciate those who purchase and store collectible cars. At times, I have a desire to do the same - keeping the car looking exactly or better than the day it was delivered.
I am a weak one for desire to enjoy it has always overcome the desire to keep it looking showroom new. That is why I stay away from 95 ZR-1. I would feel guilty if I had a 95 and turned it into a daily driver. I will stay out and let the keepers of flame a better chance of keeping 90s and 95s alive in musem condition.

Just a crazy thought...

[QB93Z]

SC, I am with you 100%. Well said.

Jim

[tccrab]

Lean times are always murder to "non-essiental" items like our ZR1's. Remember back in the 70's when the Gas Crisis hit?
You could buy a big block Dodge or Chevy for pennies.
Back around '85 I bought a completely stock '68 RT Charger 440 Magnum for $1500.
It was a driver, paint was rough and it needed a little work.
I sold it a few years later for $6k and was actually quite proud of myself.
In 2007 the very same car in the same condition would have traded for $20-40k. Go figure.


Give 'em a few years, they will come around, just like the big block C2's & C3's.
There will always be "Time Capsule" cars that were bought by people with the resources to put them away and never enjoy them. Those cars will bring top dollar. But what use is a car that was never enjoyed?
Our cars will still be someday be worth nearly as much as the garage queens, and they will have been ENJOYED.
So what if a "0" miler goes for $$$$$ and one of ours goes for $$$$?
Those "Smiles Per Mile" would be worth every freaking penny.
In the mean time, lets "Drive 'em Like We Stole 'em"!
It makes absolutely no sense to "Save Them For The Next Guy".

Remeber.....
He who dies with the most toys is still dead.
Can't take 'em with you.
Enjoy every second like it's your last.

TomC
"Crabs"

[bdw18_123]

Originally Posted by tccrab

Lean times are always murder to "non-essiental" items like our ZR1's. Remember back in the 70's when the Gas Crisis hit?
You could buy a big block Dodge or Chevy for pennies.
Back around '85 I bought a completely stock '68 RT Charger 440 Magnum for $1500.
It was a driver, paint was rough and it needed a little work.
I sold it a few years later for $6k and was actually quite proud of myself.
In 2007 the very same car in the same condition would have traded for $20-40k. Go figure.


Give 'em a few years, they will come around, just like the big block C2's & C3's.
There will always be "Time Capsule" cars that were bought by people with the resources to put them away and never enjoy them. Those cars will bring top dollar. But what use is a car that was never enjoyed?
Our cars will still be someday be worth nearly as much as the garage queens, and they will have been ENJOYED.
So what if a "0" miler goes for $$$$$ and one of ours goes for $$$$?
Those "Smiles Per Mile" would be worth every freaking penny.
In the mean time, lets "Drive 'em Like We Stole 'em"!
It makes absolutely no sense to "Save Them For The Next Guy".

Remeber.....
He who dies with the most toys is still dead.
Can't take 'em with you.
Enjoy every second like it's your last.

TomC
"Crabs"

Well said! "Enjoy every second like it's your last." Very good quote to live by!

[tomtom72]

My two cents......I agree with TC and SC.

I got my Z because it was the most corvette that I could buy with my budget, and I want to drive it because it's a gas to drive. That's how I get my return on my cash spent on the car.

FWIW I do feel guilty when I wash her & see all the road rash that I caused. I get depressed a bit till I'm back behind the wheel again....from the driver's seat I can't see the rash in the paint, only the nicks in the windshield...and even they disappear when I start doing road work...

all in all, it would seem from that graph that muscle cars were not as bad off as stocks over the same time frame? Ya can't play with a stock certificate

[secondchance]

Originally Posted by tomtom72

My two cents......I agree with TC and SC.

I got my Z because it was the most corvette that I could buy with my budget, and I want to drive it because it's a gas to drive. That's how I get my return on my cash spent on the car.

FWIW I do feel guilty when I wash her & see all the road rash that I caused. I get depressed a bit till I'm back behind the wheel again....from the driver's seat I can't see the rash in the paint, only the nicks in the windshield...and even they disappear when I start doing road work...

all in all, it would seem from that graph that muscle cars were not as bad off as stocks over the same time frame? Ya can't play with a stock certificate

Well said!
Road rash and minor damages have been bothering for some time.
As soon as kids are out of college, down to Burke's Corvette and $7,000 will make her look better than when she left the showroom.
Of course, Corvette Master's is next door to Burke's for ...

[tomtom72]

SC, I have often thought that a fresh paint job would be the ticket......but then I think I'd just ruin it in about a thousand miles or so all over again....if the original owner of my car ever saw what I've done to it I do believe he'd shoot me! I took his one footer and turned it into the definition of "road rash"!...but then I used it a heck of a lot more in 5 yrs than he ever did in 14.5 yrs!!!

It's a good thing that they made sooooo many 90's!

[LGAFF]

I love my 90 with 136K miles, no worries about dings, scratches, etc. I always admired the survivor cars. There is an original 289 Shelby cobra here in town, the beauty of it was that it was an original high miler. The guy would bring it to local shows, lots of rock chips, dead bugs, seat belts were well worn, but he definately enjoyed the car.

Call it patina and move on

I would not mind buying another at some point.....but need to get into a house with more space.

[secondchance]

These days they have this clear film that can be applied to frontal area that dramatically reduce fine specks from developing due to debris.

Each to our own, but all my cars, though daily drivers, were kept at 90% level of finish. periodic repaint of nose cap, etc...

My 94 is black and it has all this acid rain etching (from earlier owner) that I would LOVE to get rid of! Last few years when the car just wasn't running right I kept the option of unloading the car so spending money on paint didn't make sense. Now that I got motor sorted out with new injectors, next step for me is cosmetic. Then, I will get into exhaust, headers and P&P, in sequence.