Good time to buy a ZR-1

[Johnny5]

Originally Posted by edram454

yes they are going for ridiculous amounts. not a good time to sell. keep the faith and enjoy your car. speculators were wrong for buying these cars new for tons of money. These cars are similar to the Porsche 928's. to me, that was the best porsche with avant garde good looks, a porsche v8 etc... but they, for whatever reason, are not worth much money. they were a lot of money new but have no resale value compared to its siblings. I think its the fear of buying a car with a reputation of having obsolete parts and few people to work on them. Nobody wants to buy a problem like that unless they are true fans of the car and willing to pay the potential price.

Porsche 928 are very expensive to work on and parts are also scare so they have the worst resale value of all the porsches. Our cars dont suffer from much engine failures or failures in general just the bose speakers, injectors etc.. that we have all replaced already. It took me a while to buy my z for that very reason.. the fear of something breaking and not being able to find or afford the fix for it. Being a member of this site made me see that this community of owners are committed to helping each other and solving problems so we can keep these cars relevant and on the road. Many people dont know about this site and quite frankly, if it wasnt for this site, I would not have bought my zr1. It is a great time to buy a z just remember you are buying to enjoy the car not for its resale value.. yet..

AMEN to the BROTHERHOOD!!

[Z51JEFF]

Originally Posted by Dockroger

They are awesome cars
Let the marketplace take its rightful direction

That would be great if that direction didn't keep pointing in the toilet.

[G-Sting]

Originally Posted by Z51JEFF

That would be great if that direction didn't keep pointing in the toilet.

The toilet is a great place... to sit and contemplate buying a second ZR at these prices!

[Performawheels]

If you want a ZR-1, it's never a bad time to buy. No one makes or loses money on a car until they sell it. I'm not as troubled about the monetary value of the car as I am that its significance in Corvette/sports car history isn't better known or appreciated.....these cars are so cool!

[ZRapid-1]

Originally Posted by G-Sting

contemplate buying a second ZR at these prices!

You're thinking what I'm thinking....mine is stock and I think I gotten used to the power and want more!!!! The second one would be modified. I like the idea of 510 HP. Marc Haibeck's engines are future classics.

[G-Sting]

Originally Posted by ZRapid-1

You're thinking what I'm thinking....mine is stock and I think I gotten used to the power and want more!!!! The second one would be modified. I like the idea of 510 HP. Marc Haibeck's engines are future classics.

Yes!

… I mean, No!

I mean… YES! Exactly.

[We Gone]

Originally Posted by ZRapid-1

You're thinking what I'm thinking....mine is stock and I think I gotten used to the power and want more!!!! The second one would be modified. I like the idea of 510 HP. Marc Haibeck's engines are future classics.

No one can have just one I went the Haibeck route 2 years ago and want more!!

[Sphinx]

There's an interesting "price compression" that I think is going on. There are a ton of cars in a very narrow price range. $10-15k gets you a well worn 100k to a clean 50K car. You only need a motivated seller. Otherwise the cars are just sitting there. I decided two weeks ago to get a zr1 and now I'm just hunting for a good deal. I just can't believe how good they are. I was going to buy an old miata till I saw how these are selling.

[XfireZ51]

Originally Posted by ZRapid-1

You're thinking what I'm thinking....mine is stock and I think I gotten used to the power and want more!!!! The second one would be modified. I like the idea of 510 HP. Marc Haibeck's engines are future classics.

Another, possibly less expensive alternative, is to buy a second motor, and have it modified while keeping the original for stock.

[ZRapid-1]

ZR-1 Auction results this weekend:

1990 Red / Black,
18,000 Miles,
$22,000


1990 Black / Black,
Mileage N/A,
$18,000


1990 Dark Red Metallic / Saddle,
53,500 Miles,
$18,000

Drive 'em and enjoy 'em. I know I am.