Good News! - ZR-1 Net Registry Forums

WARP TEN · 10-30-2019

Sports Car Market magazine just published its December issue and the attached section featured the C4 ZR-1 in a very favorable light. SCM, a large high quality magazine, largely documents auction results and market trends and this is a regular section for it. Bodes well for ZR-1 values I would think. --Bob

Paul Workman · 10-30-2019

spork2367 · 10-30-2019

These cars have had no shortage of good articles and positive publicity over the last 5 years. Hell, they’ve had people on prime time Barrett Jackson auctions say they should sell for more. Zero effect. That isn’t really how the market works. The only positive is it means they’ve probably reached rock bottom, which is why they’re calling it a “buy.” The market on them has been dead flat for the last year however and the rest of the collector car market isn’t much better, so don’t expect a jump anytime soon.

Vette73 · 10-31-2019

Yeah I wouldn't go nuts either...Been following market trends since I bought mine 5 years ago....Not much movement..

What I do notice is any C6Z06 that is priced mid to low 30's and modified are gone in one or two weeks....

DRM500RUBYZR-1 · 10-31-2019

Just like the stock market.
When a stock is sold it is because the seller thinks it best to sell.
The buyer thinks the exact opposite of the seller.

There has been no shortage of sales of ZR-1's.

Prices continue to be all over the place.
Down, yes.
Up, yes.
Flat, yes.

BUT, they are selling, and at prices, low to high.
Still a GREAT time to buy!

ZR-1's sales remain strong, with cars that are going to Germany and Switzerland as well as the Middle Eastern countires. As ZR-1's become old enough to qualify for the lower EU import tax, sales will likely improve more.

US sales also have been good in 2019, again at all levels.

Someone is buying them!
Marty

Carnutdallas · 11-03-2019

30 year window opening for Europe will see a price uptick in 2020, if the Europeans have liquidity. Collector and classic car market in a down cycle. 80’s and 90’s on way up, but the collector car industry will see long term changes as the collector crowd ages and less interested youth have liquidity to buy. That is my humble opinion with 25 years of experience in the industry. I bought C4 Corvettes and sold my 355 Ferrari’s. More bang for buck, less snooty crowd :-) and more available buyers if I need to sell.

Cheers!

Sent from my iPhone using Tapatalk

spork2367 · 11-19-2019

https://bringatrailer.com/listing/19...t-corvette-12/

Registry owned. Low mileage, clean...bid to 16,500, no sale.

Stingray1967 · 11-19-2019

Quote:

Originally Posted by spork2367

https://bringatrailer.com/listing/19...t-corvette-12/

Registry owned. Low mileage, clean...bid to 16,500, no sale.

I had a local guy check that car out and I passed on it.

spork2367 · 11-19-2019

Quote:

Originally Posted by Stingray1967

I had a local guy check that car out and I passed on it.

What were the issues? The photos showed a car that's description and mileage matched the appearance of the wear and tear in the photos.

10-30-2019	#2
Paul Workman Join Date: Nov 2007 Location: Squires (near Ava MO in the Mark Twain N'tl Forest) - Missouri Posts: 6,493	Re: Good News! __________________ Good carz, good food, good friendz = the best of timez! 90 #1202 "FBI" top end ported & relieved Cam timing by "Pete the Greek" Sans secondaries Chip & dyno tuning by Haibeck Automotive SW headers, X-pipe, MF muffs Former Secretary, ZR-1 Net Registry

10-30-2019	#3
spork2367 Join Date: Jun 2013 Location: PA Posts: 879	Re: Good News! These cars have had no shortage of good articles and positive publicity over the last 5 years. Hell, they’ve had people on prime time Barrett Jackson auctions say they should sell for more. Zero effect. That isn’t really how the market works. The only positive is it means they’ve probably reached rock bottom, which is why they’re calling it a “buy.” The market on them has been dead flat for the last year however and the rest of the collector car market isn’t much better, so don’t expect a jump anytime soon. Last edited by spork2367; 10-30-2019 at 10:29 PM.

10-31-2019	#4
Vette73 Join Date: Nov 2014 Location: Brooklyn ny Posts: 1,045	Re: Good News! Yeah I wouldn't go nuts either...Been following market trends since I bought mine 5 years ago....Not much movement.. What I do notice is any C6Z06 that is priced mid to low 30's and modified are gone in one or two weeks....

10-31-2019	#5
DRM500RUBYZR-1 Join Date: Sep 2008 Location: Mullica Hill, New Jersey Posts: 2,569	Re: Good News! Just like the stock market. When a stock is sold it is because the seller thinks it best to sell. The buyer thinks the exact opposite of the seller. There has been no shortage of sales of ZR-1's. Prices continue to be all over the place. Down, yes. Up, yes. Flat, yes. BUT, they are selling, and at prices, low to high. Still a GREAT time to buy! ZR-1's sales remain strong, with cars that are going to Germany and Switzerland as well as the Middle Eastern countires. As ZR-1's become old enough to qualify for the lower EU import tax, sales will likely improve more. US sales also have been good in 2019, again at all levels. Someone is buying them! Marty

11-03-2019	#6
Carnutdallas Join Date: Oct 2019 Location: Dallas Burbz, TX Posts: 23	Re: Good News! 30 year window opening for Europe will see a price uptick in 2020, if the Europeans have liquidity. Collector and classic car market in a down cycle. 80’s and 90’s on way up, but the collector car industry will see long term changes as the collector crowd ages and less interested youth have liquidity to buy. That is my humble opinion with 25 years of experience in the industry. I bought C4 Corvettes and sold my 355 Ferrari’s. More bang for buck, less snooty crowd :-) and more available buyers if I need to sell. Cheers! Sent from my iPhone using Tapatalk

11-19-2019	#7
spork2367 Join Date: Jun 2013 Location: PA Posts: 879	Re: Good News! https://bringatrailer.com/listing/19...t-corvette-12/ Registry owned. Low mileage, clean...bid to 16,500, no sale.