ZR-1/ LT5 value - ZR-1 Net Registry Forums

lcfman · 10-08-2012

I've been a "car guy" for nearly 50 years and still can't understand the
"current market" prices of ZR-1/LT5 equipped Corvettes. Come on people
this engine was the only one that was exclusive to the Corvette in all its
storied history. Even the Camaro gets the basic superscharged newer
LS. I just don't get it. The LT5 cars are just so unique in the Corvette options they should be commanding twice the price as they are.

efnfast · 10-08-2012

Love it, lets double the price. LT5 is also a non GM engine. Only GM car to not have a GM engine, ina weird sorta way.

BigJohn · 10-08-2012

Quote:

Originally Posted by efnfast

Love it, lets double the price. LT5 is also a non GM engine. Only GM car to not have a GM engine, ina weird sorta way.

Funny!!!
The company that designed the LT5 and the company that built the LT5; both belonged to "GM"!

efnfast · 10-08-2012

Quote:

Originally Posted by BigJohn

Funny!!!
The company that designed the LT5 and the company that built the LT5; both belonged to "GM"!

Mercruiser Big John?

vilant · 10-08-2012

Quote:

Originally Posted by efnfast

Mercruiser Big John?

Lotus was owned by GM at the time, I believe.

efnfast · 10-08-2012

Quote:

Originally Posted by vilant

Lotus was owned by GM at the time, I believe.

Partly but not wholy, I believe. Again, Mercruiser?

mike100 · 10-08-2012

Some of the greatest cars are being made now and can be modified affordably. How much is that 20 year old car really worth to the average driver when you can get great deals on 5-10 year old cars.

A lot of people dislike the C4- many haven't driven one. Also as is always pointed out, these cars aren't really that rare yet because everybody took real good care of them.

Z51JEFF · 10-09-2012

Quote:

Originally Posted by efnfast

Love it, lets double the price. LT5 is also a non GM engine. Only GM car to not have a GM engine, ina weird sorta way.

How is this not a G.M. motor,explain that one to me.

efnfast · 10-09-2012

Quote:

Originally Posted by Z51JEFF

How is this not a G.M. motor,explain that one to me.

It was designed by Lotus (still up in the air how much of Lotus was GM's) and built by Mercury Marine. All under GM supervision. Like I said, ina weird sorta way. I didn't mean to imply it was a Ford or something.

tomtom72 · 10-09-2012

I have to agree with Mike. I would think that there must be at least 80% of the production still in road worthy condition? I'm including all the time capsule cars too, not just the drivers. That's a lot of ZR-1's.

This is JMHO as an addition. The first Q I get asked after I explain the How, by Whom, and the Why of an LT5 is "What do you do if it breaks?" I give our group as an answer, and you should see the looks of "Yea, sure!" I get. LOL

I think the rarity of our LT5 in even the most hardened Car Guy's mind translates into "own one, but don't drive it so you don't break it" thought. You have to acknowledge that it is a bit daunting not to be able to get parts from the standard places, no? I mean even if you own a 58 Testa Rosa you can call Ferrari and they will make you anything for that car. I think the thought of not being able to get support for our LT5 through standard means creates the thought that if it breaks it stays broken.

Tom

10-08-2012	#1
lcfman Join Date: Nov 2011 Location: TN Posts: 9	ZR-1/ LT5 value I've been a "car guy" for nearly 50 years and still can't understand the "current market" prices of ZR-1/LT5 equipped Corvettes. Come on people this engine was the only one that was exclusive to the Corvette in all its storied history. Even the Camaro gets the basic superscharged newer LS. I just don't get it. The LT5 cars are just so unique in the Corvette options they should be commanding twice the price as they are.

10-08-2012	#2
efnfast Join Date: Nov 2011 Location: Dunbarton NH Posts: 7,496	Re: ZR-1/ LT5 value Love it, lets double the price. LT5 is also a non GM engine. Only GM car to not have a GM engine, ina weird sorta way.

10-08-2012	#7
mike100 Join Date: Feb 2011 Location: San Marcos CA Posts: 1,802	Re: ZR-1/ LT5 value Some of the greatest cars are being made now and can be modified affordably. How much is that 20 year old car really worth to the average driver when you can get great deals on 5-10 year old cars. A lot of people dislike the C4- many haven't driven one. Also as is always pointed out, these cars aren't really that rare yet because everybody took real good care of them.

10-09-2012	#10
tomtom72 Join Date: Dec 2004 Location: Jacksonville, FL USA Posts: 4,645	Re: ZR-1/ LT5 value I have to agree with Mike. I would think that there must be at least 80% of the production still in road worthy condition? I'm including all the time capsule cars too, not just the drivers. That's a lot of ZR-1's. This is JMHO as an addition. The first Q I get asked after I explain the How, by Whom, and the Why of an LT5 is "What do you do if it breaks?" I give our group as an answer, and you should see the looks of "Yea, sure!" I get. LOL I think the rarity of our LT5 in even the most hardened Car Guy's mind translates into "own one, but don't drive it so you don't break it" thought. You have to acknowledge that it is a bit daunting not to be able to get parts from the standard places, no? I mean even if you own a 58 Testa Rosa you can call Ferrari and they will make you anything for that car. I think the thought of not being able to get support for our LT5 through standard means creates the thought that if it breaks it stays broken. Tom __________________ 1990 ZR-1, Black/grey, #2233, stock. ZR-1 Net Reg Founding Member #316 & NCM member