ZR-1 Pricing over the years - Page 3 - ZR-1 Net Registry Forums

Kevin · 10-19-2014

with those rockers, that's about right

Z51JEFF · 10-19-2014

Bought my 91 #634,single top back in 2007 for $29,000 at 6900 miles.Currently undergoing a minor face lift.[IMG]

[/IMG]

USAZR1 · 10-19-2014

I purchased my first ZR-1,Red/Red 90 #952,in November 1997,for $33,000. It had a DRM-500 package,Flowmaster exhaust,and Guldstrand suspension package,with 24K miles. Invested a ton of money in it over the next five years before selling it for $25,000 but sure had a blast owning it.

Next was a Purple/Steel Blue 91 Callaway Aerobody #13?? w/22K miles that I paid $34,000,in August 2002. It also had a DRM-500 engine package. Added the 18" OZ wheels off my 90 ZR-1 and had a polished stainless centermount exhaust built for it. Health issues forced its sale in 2003,for $34,000. It had 24K miles.

Fast forward to March 2014,I purchased our Arctic White/Torch Red 94 #152 with 32K miles,for $24,000 + $1,000 delivery. Health issues have kept me from driving it very much,so far,but hopefully that will change soon. Have been able to do a few modifications.

johnboy89 · 10-19-2014

I actually traded my 92 GMC Typhoon for mine. It's a 1991 (#1514) with 196K on it. I valued the Typhoon around $7,500.

gen2rt · 11-01-2014

My first ZR-1 was polo green/cognac. I bought in 1993 for $34K with 17,000 miles. I posted it for sale on the ZR-1 net in 2001 for $25K with 32,000 miles. It sold in an hour. The guy later thanked me for keeping it in such nice condition.
Saw a red/red 94 with 15,000 miles on e-bay in June 2010. Bought it sight unseen for $24K. It had just minor issues, ended up sending it to Mark Haibeck upgrading to 500 hp, refinishing the motor and a few other things. I'd never get what I have in it, but much happier with it now. Had I left it stock it would be sold by now and I'd have been on to something else.

edram454 · 11-01-2014

Quote:

Originally Posted by gen2rt

My first ZR-1 was polo green/cognac. I bought in 1993 for $34K with 17,000 miles. I posted it for sale on the ZR-1 net in 2001 for $25K with 32,000 miles. It sold in an hour. The guy later thanked me for keeping it in such nice condition.
Saw a red/red 94 with 15,000 miles on e-bay in June 2010. Bought it sight unseen for $24K. It had just minor issues, ended up sending it to Mark Haibeck upgrading to 500 hp, refinishing the motor and a few other things. I'd never get what I have in it, but much happier with it now. Had I left it stock it would be sold by now and I'd have been on to something else.

You made the absolute right move. We know what we want and what we must have in a car in order to want to keep it. I bet your car hauls azz.

ed ramos #3028

Z51JEFF · 11-03-2014

One thing Ive started to think about lately is with the prices of C6 ZR1s dropping like a rock that is only going to hurt C4 Z values somewhat.But then again,when I bought my car it had to be a ZR-1 and nothing else would fill the void.

edram454 · 11-04-2014

eventually those c6 zr1's would be slightly dropping in price. Our cars are the fastest c4's around. they can take on stock c5's and c5 z06 cars. they can take on stock c6 car but cant take on a c6 z06 or zr1. A very low price for a c6 z06 is 36k. A low price for a c6 zr1 is 65k. Unless you want to step up a considerable amount of money we still have a excellent performance value. A stock clean c5 z06 that we can outperform goes for 25-28k..clean and stock with low miles. so even if our cars are 25 years old etc.. we are still driving a performance relevant car with great looks and a pedigree that only a zr1 can offer. And it goes without mention, we are the only DOHC corvette ever.

ed ramos #3028

Vette Guy · 11-05-2014

I recommend reviewing "What's your ZR-1 Worth?" in the April edition of the Heart of the Beast. Normal depreciation is ~50% of the purchase price 5 years after purchase, and it continues downward from there.... however, there are circumstances that make a car more collectible, and thus increases value - such as a club following of a specific model, such as our focus on the C4 ZR-1.

http://showyourcorvette.com/Corvette_Market.pdf

Regards,
Mark

Mr Blue · 11-05-2014

I purchased my Steel Blue 91 with 27k miles in 2012 for $19k. I have put about $6k into it, injectors, 4.10 gears, Haibeck chip, Marc's full PM and a painted top. The ROI is immense. Hard to quantify the permagrin factor. Besides having the Lotus-Chevy-Mercury marine pedigree plus a world record... fagetabotit. I would love a C6 Z06 and other Vettes, but not without owning my ZR-1.

David

10-19-2014	#21
Kevin Join Date: Jun 2005 Location: pittsburgh Posts: 4,629	Re: ZR-1 Pricing over the years with those rockers, that's about right __________________ It's not the car, it's the people - Doug Johnson 90 r/r "KEYS ON" nick named "T.L.B"

10-19-2014	#22
Z51JEFF Join Date: Dec 2007 Location: Fremont, CA Posts: 3,088	Re: ZR-1 Pricing over the years Bought my 91 #634,single top back in 2007 for $29,000 at 6900 miles.Currently undergoing a minor face lift.[IMG][/IMG]

10-19-2014	#23
USAZR1 Join Date: Oct 2013 Location: Wichita Falls,Tx Posts: 596	Re: ZR-1 Pricing over the years I purchased my first ZR-1,Red/Red 90 #952,in November 1997,for $33,000. It had a DRM-500 package,Flowmaster exhaust,and Guldstrand suspension package,with 24K miles. Invested a ton of money in it over the next five years before selling it for $25,000 but sure had a blast owning it. Next was a Purple/Steel Blue 91 Callaway Aerobody #13?? w/22K miles that I paid $34,000,in August 2002. It also had a DRM-500 engine package. Added the 18" OZ wheels off my 90 ZR-1 and had a polished stainless centermount exhaust built for it. Health issues forced its sale in 2003,for $34,000. It had 24K miles. Fast forward to March 2014,I purchased our Arctic White/Torch Red 94 #152 with 32K miles,for $24,000 + $1,000 delivery. Health issues have kept me from driving it very much,so far,but hopefully that will change soon. Have been able to do a few modifications. __________________ Clint & Sherry 1994 ZR-1 White/Red #152 (sold) 1991 ZR-1 Callaway Aerobody #1332 (sold) 1990 ZR-1 Red/Red #952 (sold) 2002 Z06 Torch Red/Mod Red widebody

10-19-2014	#24
johnboy89 Join Date: May 2014 Location: RI Posts: 23	Re: ZR-1 Pricing over the years I actually traded my 92 GMC Typhoon for mine. It's a 1991 (#1514) with 196K on it. I valued the Typhoon around $7,500.

11-01-2014	#25
gen2rt Join Date: Oct 2010 Location: NV Posts: 38	Re: ZR-1 Pricing over the years My first ZR-1 was polo green/cognac. I bought in 1993 for $34K with 17,000 miles. I posted it for sale on the ZR-1 net in 2001 for $25K with 32,000 miles. It sold in an hour. The guy later thanked me for keeping it in such nice condition. Saw a red/red 94 with 15,000 miles on e-bay in June 2010. Bought it sight unseen for $24K. It had just minor issues, ended up sending it to Mark Haibeck upgrading to 500 hp, refinishing the motor and a few other things. I'd never get what I have in it, but much happier with it now. Had I left it stock it would be sold by now and I'd have been on to something else. __________________ Reno, NV

11-03-2014	#27
Z51JEFF Join Date: Dec 2007 Location: Fremont, CA Posts: 3,088	Re: ZR-1 Pricing over the years One thing Ive started to think about lately is with the prices of C6 ZR1s dropping like a rock that is only going to hurt C4 Z values somewhat.But then again,when I bought my car it had to be a ZR-1 and nothing else would fill the void.

11-04-2014	#28
edram454 Join Date: Nov 2013 Location: .. Posts: 693	Re: ZR-1 Pricing over the years eventually those c6 zr1's would be slightly dropping in price. Our cars are the fastest c4's around. they can take on stock c5's and c5 z06 cars. they can take on stock c6 car but cant take on a c6 z06 or zr1. A very low price for a c6 z06 is 36k. A low price for a c6 zr1 is 65k. Unless you want to step up a considerable amount of money we still have a excellent performance value. A stock clean c5 z06 that we can outperform goes for 25-28k..clean and stock with low miles. so even if our cars are 25 years old etc.. we are still driving a performance relevant car with great looks and a pedigree that only a zr1 can offer. And it goes without mention, we are the only DOHC corvette ever. ed ramos #3028

11-05-2014	#29
Vette Guy Join Date: Jul 2005 Location: San Antonio, TX Posts: 652	Re: ZR-1 Pricing over the years I recommend reviewing "What's your ZR-1 Worth?" in the April edition of the Heart of the Beast. Normal depreciation is ~50% of the purchase price 5 years after purchase, and it continues downward from there.... however, there are circumstances that make a car more collectible, and thus increases value - such as a club following of a specific model, such as our focus on the C4 ZR-1. http://showyourcorvette.com/Corvette_Market.pdf Regards, Mark __________________ Mark Horner President, ZR-1 Net Registry 91 ZR-1 #2016 95 ZR-1 #21 DRM-600, LPE 385 Last edited by Vette Guy; 11-05-2014 at 05:26 PM.

11-05-2014	#30
Mr Blue Join Date: Feb 2013 Location: Tallmadge OH Posts: 116	Re: ZR-1 Pricing over the years I purchased my Steel Blue 91 with 27k miles in 2012 for $19k. I have put about $6k into it, injectors, 4.10 gears, Haibeck chip, Marc's full PM and a painted top. The ROI is immense. Hard to quantify the permagrin factor. Besides having the Lotus-Chevy-Mercury marine pedigree plus a world record... fagetabotit. I would love a C6 Z06 and other Vettes, but not without owning my ZR-1. David