07-01-2011 | #11 | |
Join Date: Jun 2005
Location: pittsburgh
Posts: 4,632
|
Re: There goes the resale value
Quote:
__________________
It's not the car, it's the people - Doug Johnson 90 r/r "KEYS ON" nick named "T.L.B" |
|
07-01-2011 | #12 |
Join Date: Aug 2008
Location: Houston 90 Red ZR-1
Posts: 2,320
|
Re: There goes the resale value
You know this thread made me think. My 1968 Mustang fully restored is worth more than my ZR-1. But if the day ever came that I could only keep one and had to choose, the mustang would go without a second thought.
|
07-01-2011 | #13 |
Join Date: Mar 2010
Location: Fort Myers, FL
Posts: 343
|
Re: There goes the resale value
Patience boys...prices will go up. In the meantime, I just picked up 1992 #043. Never in my life would I have ever dreamed that I could own a ZR-1...let own two!
__________________
1992 #043, Aqua/Gray 40k miles |
07-01-2011 | #14 |
Join Date: Dec 2005
Location: Delanson, NY
Posts: 916
|
Re: There goes the resale value
It is just a matter of a little time and a bit better economy. They are going to go up in value.
It wasn't that many years ago you could by a C-3 small block for a couple grand, maybe less. Look where they are now in price. I think our ZR-1s get a bad rap, but it is the folks like Jerry, Brett and others who are having parts made who really deserve the credit for saving the value of our cars. My $0.02
__________________
1968 convertible Lemans Blue, 1986 coupe Medium Blue NCRS Top Flight (sold), 1990 ZR1 #2529 Red NCRS Regional and National Top Flight (sold), 1990 ZR1 #2124 Charcoal Metallic NCRS Top Flight 2010 & 2018, 2003 Anniversary Red Convertible (sold) |
07-02-2011 | #15 |
Join Date: May 2011
Location: Sydney, Australia
Posts: 2,479
|
Re: There goes the resale value
I dont think the Market will ever sky rocket on our ZR1. There is a very small group that truly enjoys these cars and it is not going to get larger. With the C6 Z06 that put out more power, handle better, get twice the fuel economy and have every part still available the market wont grow. Now dont get me wrong When I drive my ZR1 I feel like I am in one of the best Corvettes that was ever built.
|
07-02-2011 | #16 | |
Join Date: Jun 2005
Location: pittsburgh
Posts: 4,632
|
Re: There goes the resale value
Quote:
i think the main reason that the value on our zr-1's hasn't jumped up is the ncrs hasn't latched onto them yet...which is just fine by me
__________________
It's not the car, it's the people - Doug Johnson 90 r/r "KEYS ON" nick named "T.L.B" |
|
07-02-2011 | #17 |
Join Date: May 2010
Location: Japan
Posts: 3,582
|
Re: There goes the resale value
Speaking of values, the July issue of Corvette Magazine has an article that although nice to see, I'm not sure where their information comes from. I personally don't care about value and want to just enjoy my ZR-1, but if there is some truth to the information it is good to see that the 90MY has jumped in value and mostly because it is the first year and I guess we hit over the 20 year mark?
I'm curious to see what happens over the next 10 to 20 years.
__________________
Craig "ZR-1 NO KA 'OI" "ZR-1 ICHIBAN" 1995 #228 Black/Black with Dunn Heads ZR-1 owner since September 2003 ZR-1 Net Registry Founding Member #0074 NCM Lifetime Member #2048 |
07-02-2011 | #18 |
Join Date: Feb 2011
Location: San Marcos CA
Posts: 1,802
|
Re: There goes the resale value
Well, it's really a matter of having your cake and eating it too. Low mileage, perfect interior, or a 450 hp driver with a few mods and a worn seat bolster?
Maybe I'll be able to pick up a second one someday and drive the uglier one into the ground. But I have just one and at present, I just need to drive it a couple of times a week. |
07-02-2011 | #19 |
Join Date: Oct 2010
Location: Jacksonville, FL
Posts: 24
|
Re: There goes the resale value
The C4 ZR-1 is a special Corvette that speaks to a wonderful period of time in my life. Twenty years later, I am able to afford one. It's the typical collector car cycle. For what it means to me personally, the C4 ZR-1 will always be "valuable". That said, I'm still surprised how little this fact is mentioned; in six years of total production only 6,939 C4 ZR-1s were crafted and that's a good bit less than the 10,594 split-window Coupes of that one single year in 1963!
|
07-03-2011 | #20 | |
Join Date: Apr 2004
Location: Germantown, MD
Posts: 738
|
Re: There goes the resale value
Quote:
As I remember, nobody was talking about how valuable a C2 big block was going to become until it happened. I think what a C2 big block or even the C2 LT1 has in common with a C4 ZR-1 is they were all the hottest, most reveled suck it in, blow it out, go fast machines of their day. I don't know if our ZR-1's will ever be worth much of anything. I don't really care. I own one because of how I feel when I drive it. My C6 Z06 is a better car, hands down, than every Corvette made before it. In their day the C1, C2, C3, and C6 were all good looking, brutally fast, and great road cars. For me, none of them "speak to a wonderful period of time in my life" like the C4 ZR-1. This thread makes for interesting reading but there are as many reasons for our ZR-1's to one day be worth plenty as there are reasons for them to be worth little to nothing. A guy smarter than me said it best. "God is great, beer is good, people are crazy." Last edited by HIZNHRZ; 07-04-2011 at 10:30 AM. |
|
|
|