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Old 04-23-2017   #1
lfalzarano
 
Join Date: Feb 2011
Location: Clayton, North Carolina
Posts: 1,133
Default Re: Value of ZR-1

Glad you're happy with your car... ZR-1's are for driving excitement and enjoyment and not an investment.


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Old 04-23-2017   #2
henryr
 
Join Date: Sep 2016
Location: Atlanta
Posts: 93
Default Re: Value of ZR-1

be thankful the haven't gone crazy in value...

i have had a car i had to sell as it was too expensive (for me) to drive like i wanted.... have friends that have nice cars that sit for the same reasons
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Old 04-23-2017   #3
gmonsen
 
Join Date: Jul 2011
Location: Pennsylvania
Posts: 64
Default Re: Value of ZR-1

Agree...

And, if I didn't already own one, I'd certainly buy one now.
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Old 04-27-2017   #4
TealZR1
 
Join Date: Oct 2016
Location: Atlanta GA
Posts: 51
Default Re: Value of ZR-1

I've had my ZR1 for 9 months now and appreciate the performance, rarity and how the LT5 really attracts attention at car shows. Hear this many times "I've heard of this car but never have seen one in person"

The ZR1 reminds me of another super car I owned back in 95 - An 89 Porsche 928s. Another super car of it's time. The older gentleman that I bought the car gave me some thoughtful advice "Son, you are buying a $75,000 supercar for $12,500 now but your repairs will be your monthly payments." The next month the starter went out and cost me $450 at that time alot! Expensive parts and repairs, especially if you can't do them all by yourself. Not sure if this is one of the reasons of the dropping prices?

I paid $16,500 while the previous owner (a ZR1 Registry Founding Member) started by asking $24,000.

Just enjoy the experience!

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Old 04-27-2017   #5
Livin' in the 80's
 
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Join Date: Feb 2017
Location: Southbury CT
Posts: 101
Default Re: Value of ZR-1

Quote:
Originally Posted by TealZR1 View Post
I've had my ZR1 for 9 months now and appreciate the performance, rarity and how the LT5 really attracts attention at car shows. Hear this many times "I've heard of this car but never have seen one in person"



The ZR1 reminds me of another super car I owned back in 95 - An 89 Porsche 928s. Another super car of it's time. The older gentleman that I bought the car gave me some thoughtful advice "Son, you are buying a $75,000 supercar for $12,500 now but your repairs will be your monthly payments." The next month the starter went out and cost me $450 at that time alot! Expensive parts and repairs, especially if you can't do them all by yourself. Not sure if this is one of the reasons of the dropping prices?



I paid $16,500 while the previous owner (a ZR1 Registry Founding Member) started by asking $24,000.



Just enjoy the experience!





I certainly didn't steal mine but I don't care. Comparable cars of the day are 100k now. It is fun raw power of the day. I am sure like the 70's vettes, this will go up in value. It is lumped in the c4 sea of average cars. I remember the dealers were selling this car for 100k plus and as a young dumb kid with no money, I drooled to own one. Here I buy one with 23k miles that is almost new for a fraction. I am sure I won't be getting rid of it any time soon and the values will only go up. I don't even give a crap because I bought it to have fun and have good memories using it. That's why we are all here-to contribute to society and have some fun along the way.


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Old 04-23-2017   #6
BigJohn
 
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Join Date: Feb 2012
Location: Ledyard,CT
Posts: 8,335
Default Re: Value of ZR-1

Well I would not check Kelly Blue Book!
You may get your answer.
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Old 04-24-2017   #7
lfalzarano
 
Join Date: Feb 2011
Location: Clayton, North Carolina
Posts: 1,133
Default Re: Value of ZR-1

Shame you got rid of it. These cars need to be driven and when they sit in a garage for a long time, seals and parts rot out. A lightly driven car is more enjoyable to have and drive, because anything that faded over the years has been addressed. Whereas, a super low mileage ZR-1 will have all kinds of age issues when driven; new leaks, blown injectors, fluids that expired etc.

Get another one, and enjoy the fun in driving a ZR-1. It is priceless!


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Old 04-24-2017   #8
32valvesftw
 
Join Date: Jun 2015
Location: Texas
Posts: 529
Default Re: Value of ZR-1

While the ZR-1 is a rare Vette, in many peoples eyes these are just a C4. So pricing wise we caught up in the undervaluation of the C4 in general
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Old 04-25-2017   #9
gmonsen
 
Join Date: Jul 2011
Location: Pennsylvania
Posts: 64
Default Re: Value of ZR-1

Eventually, various cognoscenti will see its value. It remains a remarkable outlier among all Corvettes. I described it earlier in facetious terms as a bastard, but in many ways it is a bastard child of the un-American pairing of Chevrolet and Lotus. The Corvette motor had always been a push rod and not some fancy, expensive, sophisticated European dual overhead cam motor. I wouldn't doubt that the LT4 pushing out 300 hp and roughly equaling the performance of a 1990 ZR1 was the result of Chevy engineers saying we can push the boundaries of the push rod even further and don't need no European technology. It's "un-American". It's expensive. Eventually, all this is going to enhance the desirability of the ZR1 imho.
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Old 04-26-2017   #10
Livin' in the 80's
 
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Join Date: Feb 2017
Location: Southbury CT
Posts: 101
Default Re: Value of ZR-1

Look at this. Cheap as a daily driver.

https://minneapolis.craigslist.org/w...084083230.html
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