The Price of a ZR-1 - Page 3 - ZR-1 Net Registry Forums

A1990 · 07-25-2011

Polo-1(Kevin) does have a C6Z06 and its blue.

xlr8nflorida · 07-25-2011

I am happy for you. I was one of the naysayers.

There are good deals for buyers and good deals for sellers. You paid 30ish and sold for 50k. That was a good deal for you as the seller and in my opinion not a good deal for the buyer as he overpaid when you look at the zr-1 market.

That being said, he parted with the 50k and he got what he desired so everybody is happy.

The real market value as you well know is in the 30s. Your car was for sale several times over the past two years and it never typically got offers above low 30's.

You are allowed to get lucky and find a seller who pays too much but that does not mean the car was worth that kind of $$.

Do you have link where the car sold?

What consignment place sold the car?

What % did you have to pay?

Roger's Corvettes in Maitland has had 90 ZR-1's at the 50K level for probably a decade.

You must have caught a "live one"

Again, congratulations.

gmonsen · 07-25-2011

First, great sale and great price. Whoever bought the car is someone many of us would like to meet, but seldom do.

However, while I am a true believer in the long term value of the ZR1, the market today shows that this price is a serious outlier. I have been looking for a ZR1 for several months. I have about 15 ZR1's on my ebay watch list. I have multiple windows up at all times with cars.com, autotrader, ZR1net and others all up and study them every day. Asking prices range from $15,000 to $75,000. Two are at about $50,000 and then it drops to 40-ish. Most pricing is $20-30,000 for 1990's, with newer cars edging up and probably averaging in the lower-to-mid $30's.

The thing is that they are not moving or moving very slowly. I have narrowed my search down to 3 1990 cars with asking prices from $26-28,000 and they are all low mileage cars that are almost as new. Eat-off-the-struts clean. So. while I think these cars will go up in value over time, the economy is probably hurting values a good deal today, combined with the fact that, outside the Corvette community very few collectors of sports cars like Porsches, BMW's, Ferrari's, etc, have any idea what a ZR1 is, and that group is more willing to spend the "right" money for cars like this.

Anyway, good sale.

Gordon

rhipsher · 07-25-2011

Quote:

Originally Posted by A1990

Polo-1(Kevin) does have a C6Z06 and its blue.

Thanks Dennis. I knew I wasn't going crazy. I remember seeing pictures of it with snow on it.

rhipsher · 07-25-2011

Hey! If Kevin got $75k for it Id high five him twice. Good for him. How many untouched 250 mile factory ZR-1s exist? A few maybe. And to a purist collector its worth every penny of $50k in my opinion. Who knows? In another 20 years it could be on display on a spinning platform at the autorama worth 1million dollars and he will have the last laugh.
If I had $50k burning a hole in my pocket Id rather have an LPE car with mega hp with plenty of change left over instead of a virgin never driven stock 325rwhp car. But that doesn't mean the car isn't worth the money. Kevins laughing at the naysayers all the way to the bank as he deposits a big fat check. Awesome Kevin you were patient and it paid off big. Right on.

GOLDCYLON · 07-25-2011

Awesome glad to hear Kevin. It was worth evry penny. A true NCRS dream car!!!!

Polo-1 · 07-25-2011

This was never about if I made money on a car or not. It simply was what is a NEVER titled, 179 mile ZR-1 worth. I had offers as low as 25K... Come on REALLY.

I cried at the LPE TT car for $40k. These cars are WAY under valued.

This was one of my fav's I saved.

you seriously want $36000 for that thing???? dont know if youve checked around but you would be lucky to get $8000 for that old thing. For that kind of money you could get an 07 vette or an 05 viper if you shopped around. just thought you should know you will NEVER get close to that kinda money for a 90s corvette.

I wont ( cant write my reply ) here

Consignments are all about the same. From what I have seen.

10% of sale price.

For me I was happy, It was getting old with the comments above. It took them 2 months to sell the car. They sold the sister car last year for $49500.00 It was Black with 135ish on the clock.

As far as Roger's. He gave me no respect on my car, he did not get my car to sell. I was looking at the Yellow 95 he has as a possibility.

Yes, I have a 07 Z06. It's not a replacement for the ZR-1. Too many years apart for tech changes.

My Girls are gone.. I think I already miss them....

mike100 · 07-25-2011

Do you know anything about the buyer?..collector or driver? I'd imagine for the premium paid, he's gonna keep it as is- that's my guess.

LGAFF · 07-25-2011

http://www.youtube.com/watch?v=GNEcQS4tXgQ

Polo-1 · 07-25-2011

No, I don't have any real info on the guy/gal. Just one of their good clients.

LOL Lee

07-25-2011	#21
A1990 Join Date: Dec 2003 Location: Grand Island NE Posts: 1,512	Re: The Price of a ZR-1 Polo-1(Kevin) does have a C6Z06 and its blue. __________________ Dennis Fierstein 90 ZR-1 #2562 Atomic-Z ZR-1 Net Registry Chairman of the Board ZR-1 Net Registry Treasurer

07-25-2011	#22
xlr8nflorida Join Date: May 2008 Location: USA Posts: 1,096	Re: The Price of a ZR-1 I am happy for you. I was one of the naysayers. There are good deals for buyers and good deals for sellers. You paid 30ish and sold for 50k. That was a good deal for you as the seller and in my opinion not a good deal for the buyer as he overpaid when you look at the zr-1 market. That being said, he parted with the 50k and he got what he desired so everybody is happy. The real market value as you well know is in the 30s. Your car was for sale several times over the past two years and it never typically got offers above low 30's. You are allowed to get lucky and find a seller who pays too much but that does not mean the car was worth that kind of $$. Do you have link where the car sold? What consignment place sold the car? What % did you have to pay? Roger's Corvettes in Maitland has had 90 ZR-1's at the 50K level for probably a decade. You must have caught a "live one" Again, congratulations. Last edited by xlr8nflorida; 07-25-2011 at 10:04 PM.

07-25-2011	#23
gmonsen Join Date: Jul 2011 Location: Pennsylvania Posts: 64	Re: The Price of a ZR-1 First, great sale and great price. Whoever bought the car is someone many of us would like to meet, but seldom do. However, while I am a true believer in the long term value of the ZR1, the market today shows that this price is a serious outlier. I have been looking for a ZR1 for several months. I have about 15 ZR1's on my ebay watch list. I have multiple windows up at all times with cars.com, autotrader, ZR1net and others all up and study them every day. Asking prices range from $15,000 to $75,000. Two are at about $50,000 and then it drops to 40-ish. Most pricing is $20-30,000 for 1990's, with newer cars edging up and probably averaging in the lower-to-mid $30's. The thing is that they are not moving or moving very slowly. I have narrowed my search down to 3 1990 cars with asking prices from $26-28,000 and they are all low mileage cars that are almost as new. Eat-off-the-struts clean. So. while I think these cars will go up in value over time, the economy is probably hurting values a good deal today, combined with the fact that, outside the Corvette community very few collectors of sports cars like Porsches, BMW's, Ferrari's, etc, have any idea what a ZR1 is, and that group is more willing to spend the "right" money for cars like this. Anyway, good sale. Gordon

07-25-2011	#25
rhipsher Join Date: Aug 2008 Location: Houston 90 Red ZR-1 Posts: 2,320	Re: The Price of a ZR-1 Hey! If Kevin got $75k for it Id high five him twice. Good for him. How many untouched 250 mile factory ZR-1s exist? A few maybe. And to a purist collector its worth every penny of $50k in my opinion. Who knows? In another 20 years it could be on display on a spinning platform at the autorama worth 1million dollars and he will have the last laugh. If I had $50k burning a hole in my pocket Id rather have an LPE car with mega hp with plenty of change left over instead of a virgin never driven stock 325rwhp car. But that doesn't mean the car isn't worth the money. Kevins laughing at the naysayers all the way to the bank as he deposits a big fat check. Awesome Kevin you were patient and it paid off big. Right on. Last edited by rhipsher; 07-25-2011 at 10:18 PM.

07-25-2011	#26
GOLDCYLON Join Date: May 2007 Location: Peoria, AZ Posts: 9,155	Re: The Price of a ZR-1 Awesome glad to hear Kevin. It was worth evry penny. A true NCRS dream car!!!! __________________ GOLDCYLON - 91 ZR-1 #2014 GOLDCYLON - 90 ZR-1 #2794, 4L60e (Formerly Schrade's) GOLDCYLON - 11 CTS-V Arizona State Director 91 WHITE/BLACK #2014. 380 P&P&PCed,Ported Heads, Jeal Long tubes, Corsa Exhaust/FIKSE FM-5s /LED TLs, LED Headlights, Front Wilwood 6 piston narrowlite calipers and rear Wilwood caliper street shop mod,CNCed Coolant Pipes,TPI Cvr,Filter cover,Stainless Bolts, DRM/DOM PROM /ZFDOC mod build #102,DRLs,BMAD with stainless Debris Screen,Coplan Air Blaster, Pioneer APP Radio 4,Brey-Krause HB,Sub Bar,Fire extinguisher seat mount,DRM Coilovers,LEDs everywhere,Compass mirror (orange),V1 DIC hidden display, Homelink sun visor, Carbon Fiber top x3 and APSIS Carbon Fiber interior, APSIS CF Steering Wheel/NAPA Leather, Banski trailing arms, Guldstrand front suspension,urethane bushings from Prothane (total suspension) ZFDoc drive shaft safety loop, raptor shift light (orange),AO engineering louver front plate, Console seat cushion, 96CE seats with black custom Sheepskins, ss billet catch can,Viper remote entry/alarm,Cragar Rear Louvers,LED side louver lights, Dewitts Radiator with SPAL fans and a Woods 160 T-Stat 90 RED/BLACK #2794. 4L60e Automatic Stage V by RPM Transmission, TCI Dedicated TCM, OBX Stainless Headers, Corsa Exhaust, SAN Secondaries and Haibeck PROM, Exotic Muscle Coil overs, LED Interior Lights, LED Tail Lights, LED Headlights, 94 Sport seats with black custom Sheepskins , Cragar rear louvers, GS Front calipers, Banski Trailing arms, APSIS Carbon Fiber steering wheel, Front and Rear Baer Eradispeeds, DRLs, Guldstrand front suspension,urethane bushings from Prothane (total suspension), Dewitt's Raditor with Dual SPAL fans and a Haibeck 170 T-Stat 11 RED/GREY CTS-V

07-25-2011	#27
Polo-1 Join Date: Sep 2005 Location: Washington Posts: 955	Re: The Price of a ZR-1 This was never about if I made money on a car or not. It simply was what is a NEVER titled, 179 mile ZR-1 worth. I had offers as low as 25K... Come on REALLY. I cried at the LPE TT car for $40k. These cars are WAY under valued. This was one of my fav's I saved. you seriously want $36000 for that thing???? dont know if youve checked around but you would be lucky to get $8000 for that old thing. For that kind of money you could get an 07 vette or an 05 viper if you shopped around. just thought you should know you will NEVER get close to that kinda money for a 90s corvette. I wont ( cant write my reply ) here Consignments are all about the same. From what I have seen. 10% of sale price. For me I was happy, It was getting old with the comments above. It took them 2 months to sell the car. They sold the sister car last year for $49500.00 It was Black with 135ish on the clock. As far as Roger's. He gave me no respect on my car, he did not get my car to sell. I was looking at the Yellow 95 he has as a possibility. Yes, I have a 07 Z06. It's not a replacement for the ZR-1. Too many years apart for tech changes. My Girls are gone.. I think I already miss them....

07-25-2011	#28
mike100 Join Date: Feb 2011 Location: San Marcos CA Posts: 1,802	Re: The Price of a ZR-1 Do you know anything about the buyer?..collector or driver? I'd imagine for the premium paid, he's gonna keep it as is- that's my guess.

07-25-2011	#29
LGAFF Join Date: Mar 2007 Location: Crystal Lake, IL Posts: 7,194	Re: The Price of a ZR-1 http://www.youtube.com/watch?v=GNEcQS4tXgQ __________________ LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359

07-25-2011	#30
Polo-1 Join Date: Sep 2005 Location: Washington Posts: 955	Re: The Price of a ZR-1 No, I don't have any real info on the guy/gal. Just one of their good clients. LOL Lee