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09-05-2014
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#11 |
 Join Date: Jan 2004
Location: Alex VA
Posts: 1,087
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Re: Would you sell?
sorry guys, the ZR-1 is NOT an investment car unless you want to NOT drive it and wait until you are very old
my investment is in DRIVING it. one of the highest performing and most reliable cars I've ever had. stock at 43k that is a pretty decent buy, but for me the 95 I saw with at 19k with 80+ k miles would be the one I'd want to TT that bad boy rather than molest a collector car. or Nacho's car at 12.5 is a smokin deal I honestly don't think the ZR-1 is ever going to fetch the big dollars or even climb back to what they sold for anytime soon. could be wrong, but I don't think I'll live long enough to see it as it's another 20+ years out so would I sell it for 43k, YES in a minute would I sell my LSV for 43k, YES in a minute
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95 390 LPE ZR1 (505 rwhp) LSV = Lingenfelter Super Vette Twin Turbo 2003 Z06 (800 RWHP) |
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09-05-2014
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#12 |
 
Join Date: Sep 2012
Location: Rockwall, Tx
Posts: 1,510
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Re: Would you sell?
I agree. I do think they will end up collector cars just like every other unique Corvette. But, with 7000 produced over a 6 year production run I agree it will be a while and the unmolested cars will do much better.
As far as this car goes, the only reason it's worth more than the rest of them is because of the low mileage so the only reason to buy it is to stick it on the shelf and be patient. My advice...SELL! SELL! SELL!
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_________________ 1994 AB/Grey #141 430 RWHP/392 RWTQ FBI Lyposuction / Secondaries relieved of duty / SW Long Tube Headers / Corsa Exhaust / FIC SS Injectors / MSD Coils / Lightweight Pulleys / Corey tuned B & M Shifter / Aluminum Flywheel / Samco Hoses / Shelby Series One's / C4 No Flex Frame Stiffener BBC - Bling By Carter: Custom ZR-1 Center Caps / Custom Plenum Plate / Air Box Knobs / TB Cover / Oil Filter Cover |
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09-05-2014
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#13 |
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Join Date: Sep 2012
Location: Rockwall, Tx
Posts: 1,510
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Re: Would you sell?
Here are the 2 shockers to me:
1993 - 37k miles - well into ZR-1 territory. When the top goes down the price goes up... 1991 Beautiful repaint and new interior. 1 of 163 with an AT and Z07 suspension. What a steal at $7k. I was very close to buying this car just for a daily driver it was so nice.
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_________________ 1994 AB/Grey #141 430 RWHP/392 RWTQ FBI Lyposuction / Secondaries relieved of duty / SW Long Tube Headers / Corsa Exhaust / FIC SS Injectors / MSD Coils / Lightweight Pulleys / Corey tuned B & M Shifter / Aluminum Flywheel / Samco Hoses / Shelby Series One's / C4 No Flex Frame Stiffener BBC - Bling By Carter: Custom ZR-1 Center Caps / Custom Plenum Plate / Air Box Knobs / TB Cover / Oil Filter Cover |
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09-05-2014
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#14 |
 
Join Date: Nov 2013
Location: ..
Posts: 693
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Re: Would you sell?
yeah that white car is gorgeous. there is money to be made there. depends how many miles. Last year I bought quasar blue metallic lt1 with 30k miles in mint..mint condition for 9k. both tops, black leather int like new all paper work. Had it 3 weeks and sold for 12k. If I had garage space I would have kept it.
I kept the blue mint glass top. oops.. |
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09-05-2014
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#15 | |
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Join Date: Feb 2014
Location: AZ
Posts: 860
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Re: Would you sell?
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09-05-2014
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#16 | |
Join Date: Sep 2013
Location: Charlotte NC
Posts: 655
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Re: Would you sell?
Quote:
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09-06-2014
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#17 |
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Join Date: Jul 2005
Location: Jupiter, Fl.
Posts: 815
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Re: Would you sell?
The big difference between these two beautiful drivers, and a ZR-1?
They weren't built to raise hell, that's what. And there are a whole lot more people out there that would rather have a gorgeous old Vette, just to cruise, than an aging "King of the Hill". Not me. 
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09-07-2014
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#18 |
Join Date: Dec 2007
Location: Fremont,Ca
Posts: 3,068
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Re: Would you sell?
Id rather have the white 95 thats floating around here.
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09-07-2014
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#19 | |
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Join Date: Apr 2013
Location: Eastern Missouri
Posts: 773
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Re: Would you sell?
Quote:
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[LEFT][SIGPIC][/SIGPIC][/LEFT] [CENTER][COLOR=Indigo][SIZE=4][I][B] **Now Sold** 1990 ZR-1 #2093, Black on Black..[/B][/I][/SIZE][/COLOR][/CENTER] |
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09-07-2014
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#20 |
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Join Date: May 2011
Location: Sydney, Australia
Posts: 2,479
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Re: Would you sell?
Dave, I wish I could find a couple of saps to give me 70K and tell me invest the money anyway you want for the next 17 years. However after the 17 years is over I would have to pay them 40K.
Anyhow last night I was watching Jay Leno Garage and a 1962 Ferrari 250 GTO sold for $38,115,000 at the Bonhams Auction 2014. In 1962 (52 Years old) the car new sold for 18,000. If you use the rule of 7 the value of 18k over 49 years is equal to 2.3 Million. So I take back everything I have said about automobiles are the worst investment ever. I now will say 99.999999% of all vehicles are a poor investment. https://www.youtube.com/watch?v=iff3XSMRpIQ
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Robert J. DeMarco [SIGPIC][/SIGPIC] [COLOR=blue]G[/COLOR][COLOR=red]rand[/COLOR] [COLOR=blue]S[/COLOR][COLOR=red]port[/COLOR] Registry Lifetime Member NCM Lifetime Member #2655 Pacecar Registry Member [COLOR=red]ZOOM Charter Member - ZR-1 Owners of Michigan[/COLOR] [COLOR=plum][I]ZR-1[/I] Registry member since 2012 [/COLOR] [COLOR=black]1990 LPE "368" Aerobody ZR-1, Last ZR-1 built by John[/COLOR] 1991 Callaway Aerobody ZR-1, DRM 500 1991 Shinoda Aerobody Spyder, 1998 Pace Car |
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