Zr1 Prototype hitting the auction!

[SAB]

It bid to 110 and did not sell.

[Vette73]

Originally Posted by SAB

It bid to 110 and did not sell.

Hmm.....Considering the average price of low mileage Zs are going for low 20 s,I would think 110K is a good selling price...

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[RussMcB]

That's good when a seller doesn't feel like they have to take less than what they think the car is worth. Hold on to it until there's a buyer willing to pay. Who, knows, the auction may have given it a few more eyeballs, eventually leading to a sale.

[SitkaSam]

Very disappointing to say the least :-(
the 1970 ZR1 only got to $130,000 and bid goes on
The 1988 proto-type only got to $110,000 and bid goes on

[LGAFF]

I think ya gotta take it to barrett Jackson and hope Rick Hendrickson has a few in him and its looking to add a few more to the collection....

[SAB]

Originally Posted by LGAFF

I think ya gotta take it to barrett Jackson and hope Rick Hendrickson has a few in him and its looking to add a few more to the collection....

I respectfully disagree. Mecum has way better sales results regarding vintage stock Corvettes vs BJ. The 89 preproduction ZR1 that crossed the block last year at BJ had no bidding on it and the owner had to buy it back. Bretts car appeared to have money on it at least although it was not enough to get it done.

[LGAFF]

Zs don’t do well at mecum


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[LGAFF]

Some of the prior results might also have been driven by the GM heritage sell off


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[SAB]

Originally Posted by LGAFF

Zs don’t do well at mecum


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Point taken, however an important point to consider is the fact that BJ would have demanded that car go no reserve and if the bidding did not go as hoped, the owner is stuck paying the buy and sell premium (18% total). Not exactly an ideal situation for an owner with a valuable car in a thin market.

[JThomas]

In my opinion, the auctioneer did work it as hard as they did other cars. It was on the block for less than two minutes. I guess they could tell the bidders just wasn't there.

There was only one other ZR-1 at auction. A Green/Tan 1990 with 733 miles. it sold for $27,000.00.