130,000 dollars for a ZR-1..Bid goes on..

[Mystic ZR-1]

Originally Posted by efnfast

Good point. These cars were purchased and put away as collectors, so there are a lot of very low mileage cars available. Not many other cars were bought and stored.

Figured out where they’re all coming from...
BG has a super secret assembly line that‘s still producing ZR-1s!
Another reason why the prices are stagnant.

[MarkSS]

OK, there were 10 C4 ZR1s for sale at Mecum. I don't know the last time there were that many in one place. Condition varied greatly among these cars, but 5 of the 10 sold for more than 30K. Only one did not sell at all. and only 2 brought less than 20K. A number of people were commenting on the relative strength of ZR1 sales. The one that blew me away was a 1993 Anniversary car with 37000 miles. It was nice, but not perfect (delam on windshield, some scratches) and the buyer paid $34100 with the auction fee included. I talked to this seller moments before the car crossed the block and he was nervous for having listed it as no reserve. I wish I would have found him afterwards because I think he walked away very happy. By the way, this was formerly owned by a forum member and had a bunch of Corvette Caravan stickers in the rear window. Anybody who is still on here?

[Karl]

1994 Toyota Supra, 7000 miles sells for $121k and is back for sale at $500,000.

https://www.yahoo.com/finance/news/7...203000872.html

[Great White]

Originally Posted by Karl

1994 Toyota Supra, 7000 miles sells for $121k and is back for sale at $500,000.

https://www.yahoo.com/finance/news/7...203000872.html

I am fairly well educated on the ins and outs of the Mk-IV Supra, and I still can not understand what makes one worth that much to people. Maybe I'm just biased but it sounds silly to pay that much for a big heavy mid 90's GT car.

[onethumb]

Originally Posted by efnfast

Good point. These cars were purchased and put away as collectors, so there are a lot of very low mileage cars available. Not many other cars were bought and stored.

+1. Supply is plentiful. For now.

Most Supras were bought, rode hard and put away wet. Finding one in good shape, that hasn't been butchered by the Fast and Furious crowd, is near impossible.

Time fixes all of this, though.

[Hib Halverson]

Originally Posted by DRM500RUBYZR-1

Rarity and value are always linked together, especially with respect to collectable cars in general and the Corvette specifically.

The C-4 Grand Sport is an extremely limited production car. Taking it a step further as a convertible with a red interior, and you have a textbook definition of a truly rare car.(snip)

Ah, geez. What a crock.
1000 '96 Grand Sports were built. That doesn't meet the definition of "extremely limited production".

"Extremely limited production" would be like the Dark Purple Metallic 95 ZR-1s of which there were only 25. I once owned one and I couldn't get s**t for it when I sold it. So much for "rarity and value.".

Also, a "red interior" was not available on '96 Grand Sports. The only two interiors were either black or black with red seats and door panel inserts.

[DRM500RUBYZR-1]

Originally Posted by Hib Halverson

Ah, geez. What a crock.
1000 '96 Grand Sports were built. That doesn't meet the definition of "extremely limited production".

"Extremely limited production" would be like the Dark Purple Metallic 95 ZR-1s of which there were only 25. I once owned one and I couldn't get s**t for it when I sold it. So much for "rarity and value.".

Also, a "red interior" was not available on '96 Grand Sports. The only two interiors were either black or black with red seats and door panel inserts.

Surprising response.
Would have been a good idea to cite the context of the statement.
A few convertible GS's are quite a few less than 6900 near identical ZR-1's Hib, which is what we were discussing.
However, thanks for sharing your opinion, as I usually find them insightful.
Marty

[bowtiguy]

In somewhat related news...

Did anyone see the 71' 4spd LT-1 vert w/ leather & air cross the block on thursday?

1 repaint.

$203K w/ 10% commission...wow!


http://www.barrett-jackson.com/Event...ERTIBLE-224228

[Vette73]

I saw it and I couldn't believe it.....We all know the LT-1 is a rare car but all that money for a Smogged out 72? They kept reiterating about it having an AC....Big woop.....I guarantee the seller was shocked at how high the bid went...Right place, right time....Even a 70 shouldn't even bring half that...Lucky seller...

[DRM500RUBYZR-1]

I have a 1970 that you can have for less than half of that half!
(this one is not a zero mile car)
Marlboro Maroon
Hardtop
Newer Paint
94k miles
Guess I should quadruple the price if I want it sold?
Marty