$12000 1990 LPE ZR1

[cvette98pacecar]

Originally Posted by USAFPILOT

I've seen worse...looks like it just needs to be cleaned.

Why buy this car for 12k than invest another 20K to 25K to make a 250,000 mile car nice. By a 50K mile car for 16K to 20K send it to LPE for the 368 another 15K you have the same money invested with 200,000 less miles. Just my opinion.
I truly believe there are only 2 kinds of corvette owners, Those that appreciate what they own, and those that think it is only a car.

[XfireZ51]

Shelby's are are going for crazy money and I believe part of the motivation is similar to buyers of fine art. The work is worth more after the artist has passed. People figure Carroll is not long for this Earth and his cars will appreciate after he is gone. Lingenfelter is unfortunately already passed and a
Lingenfelter he built isn't the same thing as one built now, IMO. I wouldn't disagree with your logic from a $ and cents POV, but it wouldn't be an "authentic" Lingenfelter.

[cvette98pacecar]

Originally Posted by XfireZ51

Shelby's are are going for crazy money and I believe part of the motivation is similar to buyers of fine art. The work is worth more after the artist has passed. People figure Carroll is not long for this Earth and his cars will appreciate after he is gone. Lingenfelter is unfortunately already passed and a
Lingenfelter he built isn't the same thing as one built now, IMO. I wouldn't disagree with your logic from a $ and cents POV, but it wouldn't be an "authentic" Lingenfelter.

Did John build this engine personally? NO! it was built by employees of LPE just like every other LPE that is built. Lets just look at the 415 LPE that sold at Mecum for 35,000 or the TT LPE that sold for 42,500. It is just my opinion that I personally would go a different route.
I would love to have the space to buy this car and store it for parts. As all of our ZR-1 keep getting older it is harder and harder to gets parts. Heck the windshield and engine alone are worth the cost.

[1990 415]

Originally Posted by cvette98pacecar

Did John build this engine personally? NO! it was built by employees of LPE just like every other LPE that is built. Lets just look at the 415 LPE that sold at Mecum for 35,000 or the TT LPE that sold for 42,500. It is just my opinion that I personally would go a different route.
I would love to have the space to buy this car and store it for parts. As all of our ZR-1 keep getting older it is harder and harder to gets parts. Heck the windshield and engine alone are worth the cost.

John may not have built the engine himself, however John did the test drive of the 368 before he let the vehicle be delivered to the customer. When John was alive, he insisted on doing the final test drive on EVERY vehicle that left his shop. If the vehicle didn't perform to his expectation, then it was worked on more until John gave his approval. John wanted his cars to perform well and he took extreme pride in that. I had the opportunity to meet John just 3 weeks before he suffered the accident that eventually caused his early demise. John was a true professional when he spoke to me and took all the time I wanted to answer all my questions. John was a special kind of person who was always pushing the performance envelope for both his customer's cars and his personal drag racing vehicle. John test drove my car before I took delivery in Decatur. Back when Reeves Callaway built the Sledgehammer and set the top speed record of just over 254 mph, it was John Lingenfelter behind the wheel. John was the only one with the skill and the balls to drive the Sledgehammer to 254mph.

[cvette98pacecar]

Originally Posted by 1990 415

John may not have built the engine himself, however John did the test drive of the 368 before he let the vehicle be delivered to the customer. When John was alive, he insisted on doing the final test drive on EVERY vehicle that left his shop. If the vehicle didn't perform to his expectation, then it was worked on more until John gave his approval. John wanted his cars to perform well and he took extreme pride in that. I had the opportunity to meet John just 3 weeks before he suffered the accident that eventually caused his early demise. John was a true professional when he spoke to me and took all the time I wanted to answer all my questions. John was a special kind of person who was always pushing the performance envelope for both his customer's cars and his personal drag racing vehicle. John test drove my car before I took delivery in Decatur. Back when Reeves Callaway built the Sledgehammer and set the top speed record of just over 254 mph, it was John Lingenfelter behind the wheel. John was the only one with the skill and the balls to drive the Sledgehammer to 254mph.

You are not telling me nothing that I dont know. I have one of the signed lithographs by Reeve Callaway. I am just stating a fact that 2 cars John built sold for next to nothing a week ago.

[Blue Flame Restorations]

Take a deep breath.............this isn't the Corvette Forum

[XfireZ51]

I think we're all here just giving our opinions. Neither side of the argument is necessarily correct. Just our point of view. And mine is that when the ZR-1 finally gets the appreciation and respect it deserves, an LPE car built during the time that JL actually ran the firm will have the cache demanding higher value, in my opinion.

[QB93Z]

I am very happy with the Ligenfelter 368 ZR-1 that I bought last month.

Has anybody looked at the car that is for sale? For the price, someone could get a high performance, fun to drive, ZR-1.

Jim

[cvette98pacecar]

Originally Posted by XfireZ51

I think we're all here just giving our opinions. Neither side of the argument is necessarily correct. Just our point of view. And mine is that when the ZR-1 finally gets the appreciation and respect it deserves, an LPE car built during the time that JL actually ran the firm will have the cache demanding higher value, in my opinion.

I agree. There is a lot of potential for that car. given the right owner buys her.

[Blue Flame Restorations]

It's a car that could be nice with cosmetics but it would take someone who can do the work themselves and wanted the LPE distinction. Never going to be a money maker (with those miles) but would probably be a decent car with a 368 for someone to enjoy with some elbow grease.