08-18-2013 | #11 |
Join Date: Aug 2013
Location: vermont
Posts: 49
|
Re: Prices are going up 90 for 60,000
I swear, we are our own" worst enemy" just to let everyone know, .....potential zr1 buyers read our fourms.
Last edited by Lucky90; 08-18-2013 at 10:35 PM. |
08-18-2013 | #12 |
Join Date: Jan 2010
Location: Mystic CT
Posts: 2,633
|
Re: Prices are going up 90 for 60,000
William G. Smith of Fort Dodge Iowa payed over $60k for it on June 4 1990...
Last edited by Mystic ZR-1; 08-18-2013 at 10:45 PM. |
08-18-2013 | #13 |
Join Date: Aug 2013
Location: vermont
Posts: 49
|
Re: Prices are going up 90 for 60,000
Great point, i still have a mint 1966 gto that my mom bought new for $3,150 , i bet some crazy person would offer me what my mom payed for it back when it was new back in 66.
|
08-19-2013 | #14 |
Join Date: Feb 2012
Location: Ledyard,CT
Posts: 8,251
|
Re: Prices are going up 90 for 60,000
|
08-19-2013 | #15 |
Join Date: Jan 2009
Location: Portland Oregon metro area (Washington side)
Posts: 3,207
|
Re: Prices are going up 90 for 60,000
I recently saw some "art" in Italy which is valued in the tens of millions.
Would I pay that? nadda Yes the ZR-1 is not art but..... point is. Things are worth what is perceived to be the value. That becomes "what they are worth". Has a car that is 20 something years old ever sold for $60k when it was $100k new? Sure. Is it out of the realm of possibility for a polo-green 20 yr old car to sell for about $60. No. More power to him (hands waving with magic wand)
__________________
Scott Vett owner since 1979._It's about the car and the people |
08-19-2013 | #16 |
Join Date: Mar 2004
Location: Found Member
Posts: 4,346
|
Re: Prices are going up 90 for 60,000
So , what are all you going to do with the first million we make from selling ?
__________________
Frank Urbo. NCM Lifetime member # 982 Registry Founding # 237 |
08-19-2013 | #17 |
Join Date: Feb 2010
Location: Pendleton, IN
Posts: 3,904
|
Re: Prices are going up 90 for 60,000
These types of sales are an anomaly. Way outside the mean.
__________________
1988 KOH Prototype EX5023 sold 1990 ZR-1 #444 Convertible 1990 ZR-1 Black #966 1991 ZR-1 Quazar Blue #296 1957 Duntov SS Project |
08-19-2013 | #18 |
Join Date: Aug 2013
Location: vermont
Posts: 49
|
Re: Prices are going up 90 for 60,000
I think in 5 years things will be very different in a good way for these cars, they are a few years away from poping. I just sold my 1985 honda atc 350x which i paid 2100 for in 85 ,for 3500. Last year i sold my 86 hutch trick star pedal freestyle bike ,which was 400 back in 86 , for 1,400. So i think in 2018, they might peak. Look at all the 1970 to 1975 porsche 911 for sale latley, they are bringing 40 to 75k when 5 years ago you could have bought a nice one for 9k.
|
08-20-2013 | #19 |
Join Date: Dec 2004
Location: Jacksonville, FL USA
Posts: 4,645
|
Re: Prices are going up 90 for 60,000
Lucky, my Z-Brother, Lou from CT, said the same thing with respect to "our own worst enemy" thought. Sometimes I wonder myself as to the validity of that statement? Perhaps it is just perception, and waiting to be "discovered" on the part of our cars?
Personally, I see it from the mechanical perspective; no easily obtainable motor parts. Does the average buyer look at an LT5 and sees no parts available? I doubt that a collector looks at it that way as they don't intend to pile up miles? Then I give up thinking about it as I can't come up with an answer that makes sense. I'm not qualified to be a collector though. I bought my Z because I can only afford used corvettes. I'd love a new C7 btw or even a C6 ZO6 while I'm dreaming. My Z was the most corvette I could get in '04 for what I had to spend....at least in my mind. I never actually thought about what the car could be worth as a rare or unique example of corvette production. I knew it was unique though. Heck it still is! Thanks GM. JMHO. If you gave me a choice of driving any distance, say above 4 or 5 hours, in my 72 LT-1 or my ZR-1.....well there is no choice in my mind, I'll take the Z! My LT-1 ( 72 w/ AC ) could be worth more than twice what my Z might be worth right now? The Z is a better car hands down. I don't mean better sports/GT car either, I mean a better car to use over lots of miles. Tom
__________________
1990 ZR-1, Black/grey, #2233, stock. ZR-1 Net Reg Founding Member #316 & NCM member |
08-22-2013 | #20 |
Join Date: Aug 2013
Location: vermont
Posts: 49
|
Re: Prices are going up 90 for 60,000
Ive had alot of sports cars and the zr is the best ive ever owned .
|
|
|