08-20-2018 | #21 | ||||||
Join Date: Jun 2013
Location: PA
Posts: 876
|
Re: Solution for Parts Availability Concerns
Quote:
I'm never sure when I'm talking to Marty the ZR-1 owner, Marty the former banker, or Marty the classic car salesman. They are three very different people with three very different perspectives and agendas. Which is why you end up contradicting yourself. Marty the ZR-1 owner says; "everything will be fine, enjoy your car, we'll all help each other out." Marty the banker says; "let's pool our resources for sensible distribution of spare parts." Marty the car salesman ignores the fact that there will be parts shortages and claims that these cars are just undervalued. Marty the classic car salesman ignores inflation when comparing values giving the impression that the corvette market is doing something it isn't. Marty the banker knows that's misleading or blatantly dishonest. Marty the ZR-1 owner claims anyone who disputes him just doesn't understand. When you want to have a real discussion come on back. Quote:
My wife's Acura has 270k and my Dodge Ram has 308k, so I'm certainly aware of standard maintenance for high mileage cars...lol. As for most parts being standard C4 parts...not really. If you broke the car down to every nut and bolt separately, sure, they probably share 80% of the same parts. But when you break it into assemblies it's a different story. It doesn't matter that 95% of the transmission is the same if there is one critical part that isn't, and isn't made. The body panels are different from the doors back and aren't available as replacements or reproductions. Engine, transmission, wheels, dash wiring harness, engine wiring harness, instrument cluster, dash bezel, cooling system, fuel system...The majority of the parts that are shared (nuts, bolts, suspension) aren't the parts we are talking about. Quote:
Quote:
Quote:
But money is an object. There are lots of ZR-1 owners who will dump a non-running car before dropping 35% of the value of the car into a repair. There won't always be someone to step up. At some point there won't be enough other revenue streams to use for development costs of new parts. Quote:
The difference with cars like Ferraris is that Ferrari supports their cars very well. You can call them up and get almost any replacement part for any car. Sure they are expensive, but the are official, correct, Ferrari parts. GM won't even license replacement parts for these cars. So even when they are made they are reducing the originality and collectability of the car. If your goal is just to maintain a drivable car forever by any means possible, that can likely be done. They made a documentary about that, it was called Mad Max....lol. There are several different dialogues going on simultaneously that are confusing the issue a bit. Can these cars be made to run and drive forever? Sure. But as you take more an more original and original style parts from the car, you inevitably reduce its value as a collector car. Marty knows that better than anyone and casually leaves that out of his dialogue. He's quietly collected a number of extremely low mileage cars and is asking money that they market hasn't paid since those cars were new. If someone were to buy a 69k ZR-1 from him, they are not going to want to instantly have to put a pile of replacement parts on it. They are buying it for it's originality, which at this point, they would have difficulty retaining if they also wanted to drive the car. Which means, that if every car is inevitably going to have a hodge podge of replacement parts, the collector car market for these is going to be more limited. There will be no such thing as C4 "restorations" with so many original and OEM style parts being nonexistent. And no matter what anyone says, there are absolutely parts they won't reproduce ever again. I work in a company that builds, rebuilds, and remanufactures piston engines. We do carbureted engines, mechanically fuel injected engines, electronically fuel injected engines, a direct injection diesel and a single cylinder two stroke. Single cylinder, 4 cylinder, 6 cylinder, 8 cylinder, turbo, NA...a little bit of everything. We support engines that are 60 years old. We don't support 60 year old engines because it's cost effective. We have had to discontinue parts, modify engines, and introduce alternative parts because we couldn't find anyone to cost effectively produce replacements for small production numbers. Production numbers that still eclipse anything ZR-1 parts production will see. And these are engines that cost 55k+, so it's not that we don't have the allowance to build in higher cost replacement parts if necessary. At the end of the day, we can certainly keep these cars running although it may not be cost effective for many owners. As things break and are replaced with aftermarket parts, the collectability of the cars will suffer. While many people may not have purchased these cars as investments, they certainly purchased them hoping they would gain some collectability and value over time. At this point, many are still on the losing end of that. The availability of replacement parts and the resemblance of those parts to OEM parts will absolutely affect the value of these cars. Last edited by spork2367; 08-20-2018 at 10:33 AM. |
||||||
08-20-2018 | #22 | |
Join Date: Oct 2017
Location: TX
Posts: 2,050
|
Re: Solution for Parts Availability Concerns
Quote:
__________________
Kenny 1990 #442 |
|
08-20-2018 | #23 | |
Join Date: Jun 2013
Location: PA
Posts: 876
|
Re: Solution for Parts Availability Concerns
Quote:
Like I stated earlier, I bought my parts when they were on the cheap side, so I've seen the value on some of them almost double. I bought a complete engine from a known car for 2100 a couple years ago. Oil pan to ECU. If you're the guy who has no spare parts and a relatively original car, I'm sure you want to have an optimistic view of future parts availability. Feel better?....lol. |
|
08-20-2018 | #24 |
Join Date: Feb 2011
Location: Clayton, North Carolina
Posts: 1,133
|
Re: Solution for Parts Availability Concerns
Everyone needs to chill and enjoy your ownership. I could get hit and killed by a bus today, but I Don’t worry about it or post it...
Lou
__________________
Lou[COLOR="Red"][B][SIZE="4"][/SIZE][/B][/COLOR] |
08-20-2018 | #25 |
Join Date: Sep 2008
Location: Mullica Hill, New Jersey
Posts: 2,619
|
Re: Solution for Parts Availability Concerns
spork
you again speak with ignorance. The last low mile ZR-1 that I sold went with a number starting with a 6. Got that? you sure you understand that right? Left out that each of the low mile cars have already been fully serviced, with new injectors filter, pumps, fluids, battery, etc. or I would not sell them. They each are turnkey Bloomington or NCRS ready. Clear? Great! Must correct you when you so blatantly misstate facts about my cars. The rest of what you say is equally wrong, but as stated earlier, I just do not really care what you think. Got that? Great. Now, have a fine day. Marty Last edited by DRM500RUBYZR-1; 08-20-2018 at 11:16 AM. |
08-20-2018 | #26 | |
Join Date: Oct 2017
Location: TX
Posts: 2,050
|
Re: Solution for Parts Availability Concerns
Quote:
THANK YOU!!
__________________
Kenny 1990 #442 |
|
08-20-2018 | #27 | ||
Join Date: Jun 2013
Location: PA
Posts: 876
|
Re: Solution for Parts Availability Concerns
Quote:
Quote:
Just to be clear with you NO valuation guide anywhere has a concours, Bloomington, NCRS ZR-1 of any year within 10k of what you're asking. Current Concours Level ZR-1 Price Averages: 1990 - 43,000 1991 - 42,000 1992 - 36,000 1993 - 41,000 1994 - 41,000 1995 - 53,000 That being said, I'm not saying those cars aren't fully sorted. In fact I noticed you didn't quote where I misstated something about your cars as you claimed....The only thing I've stated about them is the price. For 68-69k I would absolutely expect them to be fully sorted. It's your car lot, list them for whatever you'd like. Just don't come in here pretending to be regular joe ZR-1 owner with no agenda. I'm still waiting for the explanation about how capitalism is king but we should start a communal parts bank, or for you to explain how I'm mistaken about adjusting values over a 28-40 year span of time for inflation...You were a banker, I'm just and engineer... You don't think a guy selling cars has a different agenda than a guy buying cars? That's a very optimistic view! |
||
08-20-2018 | #28 |
Join Date: Sep 2008
Location: Mullica Hill, New Jersey
Posts: 2,619
|
Re: Solution for Parts Availability Concerns
Marty |
08-20-2018 | #29 |
Join Date: Jun 2013
Location: PA
Posts: 876
|
Re: Solution for Parts Availability Concerns
|
08-20-2018 | #30 |
Join Date: Aug 2006
Location: McLean, VA
Posts: 3,726
|
Re: Solution for Parts Availability Concerns
For what it's worth, last year (or was it a year earlier...) Marty was kind enough to part with a brand new dual-mass flywheel for a price cheaper than what Chevrolet was selling them for 9-10 years ago. Now, I have it in my 94Z with 163,500 miles and despite porting and phase 1 cam thumping, I have no dreaded gear rattle - THANK YOU, MARTY!
I see Marty pretty much every year at ZR-1 net registry tent at Carlisle with his ruby Z. Sure he sells vettes. But I now he loves Zs personally. Along the same vein, I understand spork's fear of spare parts sky-rocketing. Last edited by secondchance; 08-20-2018 at 01:24 PM. |
|
|