Is the ZR-1 going to appreciate in value eventually?

[vilant]

A better comment would be that there is better investments. Like putting 20-30K in a 7% stock portfolio fund. Also look how many car shows there are on Velocity. There are thriving businesses which just buy and sell collectible cars, and make a lot of money doing it.

[scottfab]

Originally Posted by vilant

.....snip....
If you hold on to it long enough the worst that should happen is you get your money back, depending on how well you take care of it.

I agree. There are profound examples of cars that have shown to be fantastic investments. Don't let any one tell you cars can never be good investments. Just look at the L88, or split window 63, etc, etc, etc, etc
Will the ZR-1 be one of them? TBD

[scottfab]

Remember Gold is just a metal. It can never be a good investment.

[mike100]

My feeling is that since there are many examples of newer faster cars collectibility may be good, but value will be capped at some number below the price of newer top level performance cars.

[BigJohn]

A very low mileage twenty year old car may look brand new but have dry wrought in gaskets and seals. Plus internal wrought in hoses.

[AT T 2D]

Originally Posted by Fully Vetted

Explain that to the '87 GNX guys that are now watching their values go up....

Demand is a very finicky thing and it is hard trying to pick the ones that will go up in value. They made 547 1987 GNX's which are very similar to the other thousands of GN, T Types, & Limited turbos. To me the Regal is a car my parents drove with a hopped up engine.

They made 1,550 1989 20th Anniversary Trans Am's with a very similar engine and 17 lbs of boost. The TTA's are a bit faster, and aren't limited to around 120 MPH top speed like the GNX. They also go around corners. A typical Trans Am of that generation is lucky to get into the mid 15's in the quarter compared to the TTA which is low 13's or high 12's.

The TTA has not appreciated like the GNX. I think the reason the GNX has gone up in value is that there are so few and the market is tightly controlled. I know one person who has 5 or 6 of them. There were well over 5,000 C4 ZR-1's which I think will keep the prices from getting too high.

[Kevin]

The gallardo 458 and aventador are all going to drop. The Lfa may go up

[ZONER 95]

Originally Posted by Kevin

and for every one car that goes up in value there are thousands that go down. Cars aren't investments.

You're right...most cars aren't investments...but certain ones are... as history has shown us....

[scottfab]

Originally Posted by ZONER 95

You're right...most cars aren't investments...but certain ones are... as history has shown us....

Precisely correct and might I add succinctly put. Now if I only had a magazine from the future

[ZONER 95]

Originally Posted by scottfab

Precisely correct and might I add succinctly put. Now if I only had a magazine from the future

Speaking of the Future.......I wouldn't mind a nice, low mileage DeLorean in my portfolio.....