Is it me or ZR-1 is now gaining value?

[spork2367]

Originally Posted by 32valvZ

Ill just add in my .02 In 2007 I paid $16,500. for a 92 in very good to excellent driver condition at 45k miles... I have not seen a similar deal since searching for a ZR-1 this year.. I did buy the 90 I have, but will not disclose what I paid for it out of respect for the seller.... I will say, he gave me a GREAT deal on it will all the extras included.

That was a smoking deal. That was 1000 less than market value for a "fair" or number 4 car, which Hagerty describes as:


"#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. "Fair" is the one word that describes a #4 vehicle. "

[MuRCieLaGo]

Originally Posted by DRM500RUBYZR-1

Further observation:
Hagerty value for concours ZR-1s:

90 $41.8
91 $40.5
92 $34.7
93 $39.4
94 $38.9
95 $52.5

I point these out as data that has never been well synchronized to what we observe at most auctions or read about in many posts on various forums, but is no less valid, and in many cases, is even more so.
That should also cue some responses, but remains data that cannot be dismissed.


Marty

So, according to Hagerty, a 1991 and a 1993 are worth more than a 1994? It doesn't make any sense, at all.

[Kevin]

After searching completed auctions on bring a trailer, I'm going with no

[lfalzarano]

Auctions are less than 20% of sales. The majority are private transactions that can’t be tracked.


Sent from my iPhone using ZR-1 Net Registry

[spork2367]

Originally Posted by lfalzarano

Auctions are less than 20% of sales. The majority are private transactions that can’t be tracked.


Sent from my iPhone using ZR-1 Net Registry

https://www.hagerty.com/valuationtools/About-our-prices

[Livin' in the 80's]

At this point who cares if the ZR1 increases in value. Did you buy your Z to have fun with it or to make money? It is an unbelievable super car for the money that no one really knows about. Own it for life and pass it on when you can no longer get in and out of it. Let the next generation make it worth more money. I will enjoy my 90 with under 23k miles for years.

[DRM500RUBYZR-1]

Originally Posted by Livin' in the 80's

At this point who cares if the ZR1 increases in value. Did you buy your Z to have fun with it or to make money? It is an unbelievable super car for the money that no one really knows about. Own it for life and pass it on when you can no longer get in and out of it. Let the next generation make it worth more money. I will enjoy my 90 with under 23k miles for years.

Marty

[DRM500RUBYZR-1]

Originally Posted by Kevin

After searching completed auctions on bring a trailer, I'm going with no

A more accurate statement would be," ZR-1 prices observed on one or more auction sites have seen a mild downturn. However, there have been too few sales through these venues to draw a firm market wide conclusion."


Marty

[shawn8492]

How about a challenge? Post up the cheapest ZR-1s you can find listed for sale. I may be wrong but I don't think too many of us purchased our cars from auctions. I am curious what the lowest prices would be. As we all know most od those will be asking prices with some flexibility.
This is how I look for my cars and then go up from there until I find a car that is nice enough to buy at a prive that I like.

Sent from my SM-G930V using ZR-1 Net Registry mobile app

[shawn8492]

Originally Posted by shawn8492

How about a challenge? Post up the cheapest ZR-1s you can find listed for sale. I may be wrong but I don't think too many of us purchased our cars from auctions. I am curious what the lowest prices would be. As we all know most of those will be asking prices with some flexibility.
This is how I look for my cars and then go up from there until I find a car that is nice enough to buy at a price that I like.

Sent from my SM-G930V using ZR-1 Net Registry mobile app

Sent from my SM-G930V using ZR-1 Net Registry mobile app