FS: 1991 ZR-1 Blk/Red only 4800 miles!!!

[rossgn49u]

Well, crap! The majority of my 401k is invested in parachute pants stock.

Originally Posted by AnthonyGS

Your entire argument hinges on the fact that the past predicts the future. It doesn’t. Things change.

The only thing you nailed is that a ZR-1 is a Corvette.

Ever meet a millennial? Meet lots of them? They hate Corvettes for the most part and love the Prius. They take Uber, Lyft and public transportation. They shun driving. They are busy texting while driving and don’t care about horsepower, speed, or handling.

The MMA has annihilated professional boxing. NASCAR is dying a slow death. The once invincible NFL is crumbling. Our great republic is being infiltrated by socialists thanks largely to millennials. TV sitcoms are gone. No one wants a black and white TV anymore and most people don’t want a car with a carburetor either. No one watches the Indy 500 anymore either. There’s no market for parachute pants either. Ford is only going to make two cars because everyone wants suvs and crossovers now. The car hobby is experiencing its last hurrah.

Legislators are doing all the can to remove our rights to drive ourselves and will likely succeed someday. Then there will be nothing to do but text while riding big delighting all the younger generations.

The dinosaurs thought they’d live forever too. A lot more than 30 years of history had them on top.

I’m also big time into airplanes and trains. No one today gives a crap about steam locomotives or old aircraft either. I fly RC airplanes. 30 years ago you had to build your airplane out of wood, it flew on nitromethane, and your radio was AM or FM. Now they are made out of foam in china, electric powered, and fly off 2.4 ghz spread spectrum radios.

But it’s a Corvette right? Captain Kirk was a womanizing tough guy who today would be imprisoned for being a toxic masculine sexual predator.

The world changes, even if you don’t. 30 years ago a lot of people said they’d never use computers too.... how’d that work out?

Today’s kids are going to want a Prius or a Scion FR-S or maybe a WRX. They’ll have as much desire for my ZR-1 as I do for a Model A.

[spork2367]

Originally Posted by DRM500RUBYZR-1

These threads are absolutely fascinating.
Every Corvette made from 1953 to 1982, if pristine, sells for at least what it stickered for.
Absolutely EVERY year.

Stopped reading this post right here. Adjust the numbers for inflation and virtually nothing from 1972 on sells for what it stickered for. A dollar today doesn't buy what a dollar did in 1979. Obviously. A corvette was 12k dollars in 1979 and today is 55k.

So correcting numbers for inflation, for say a 1979 to sell for sticker price it would have to sell for 45k today. Let me know how many 1979 corvettes you've seen sell for that.

edit* You have an "absolutely stunning" 1982 for sale on your site right now that you are selling for far less than the inflation adjusted msrp. In fact, you have it priced about 2k below original msrp not adjusted for inflation. Your "pristine" 1982 is only 2k above original msrp. Adjusted for inflation that should be a 48k car all day!!!

Talk about fake news!

I also wanted to add, you have a HUGE vested interest in portraying these cars as being worth more than they are while you're sitting on a number of low mileage cars that you have priced 25% over market value. I'm sure you have 100 reasons why they are worth that money, magical color combinations, one owner cars, original owner was a virgin, whatever the argument may be.

Originally Posted by AnthonyGS

The prices that 53-82s fetch has nothing to do with ZR-1s sadly. It's not a correlation that can be made. It doesn't apply to any Corvette after '82. I'm not even sure it applies to all of the C3s really.

This. The generation that grew up loving corvettes of the 50's, 60's and 70's doesn't love 80's and 90's corvettes. And the group that would have been the right age to love the 80's and 90's corvettes....doesn't. There is no group "coming of age" who is going to reminisce and start raising the values.

Originally Posted by DRM500RUBYZR-1

Back to one of the best statements made, I believe by Z51 Jeff, " how many 4800 mile black red cars are out there?"
If you don't want it, you won't pay up.
If you do want it, then price becomes far less important.
Enjoy your cars.
I do.
Marty

First, there are tons of rare color combos...they didn't make many cars total, made a lot of two colors each year, and offered a pile of colors. Is black on red particularly rare for a 91....not really. Black was the second most popular exterior color, with red being probably the third most popular interior color (behind saddle and gray). If you have one of the 5 black 91's with the steel blue interior, you have a rare color combo. Plus, despite rarity, black on black is more desirable.

Secondly, it's completely subjective.

Originally Posted by AnthonyGS

Your entire argument hinges on the fact that the past predicts the future. It doesn’t. Things change.

The only thing you nailed is that a ZR-1 is a Corvette.

Ever meet a millennial? Meet lots of them? They hate Corvettes for the most part and love the Prius. They take Uber, Lyft and public transportation. They shun driving. They are busy texting while driving and don’t care about horsepower, speed, or handling.

This, the generation that should have fallen in love with c4's didn't, and isn't going to. They have a completely different mentality than those that fell in love with previous generations. Not only that, A much larger group of people can appreciate the aesthetic qualities of c1 or c2 corvette. Even the c3 has it's very unique curves. The c4 doesn't have that same appeal. There is just a much smaller group that likes that relatively short lived style (square cornered cars vs cars with curves). You can see that across the board. Even Ferraris of that era haven't done spectacular.

Originally Posted by Z51JEFF

All the arguing about values. Honestly,anybody that knows these cars knows that 91 is worth $30K. You can argue the point,market whatever. One of the most desirable color combinations dictates what this car will to for and nobody can go off a price chart they read in a magazine. Please,don’t come back witt it’s what the market will pay BS.

No sports car has an intrinsic value beyond what the scrap metal is worth...or possibly, for it's utilitarian purpose, the price of the car compared to the cheapest mode of transportation available. Since by technical standards it just gets a person from one place to another.

So every sports car is worth only what someone is willing to pay. And no one is buying this one for 28,900. Which tells me it certainly isn't worth 30k. That's about as simple as economics get.

Originally Posted by DRM500RUBYZR-1

100% opinion

0% fact

By the way,
Some of those Corvettes with carburetors sell at 40 times original MSRP, AND continue to climb, many being purchased by men and women who were not alive when the car was new.
Perhaps we should talk with them about dinosaurs.

I don't wish to argue.
Show the trends.
Show the facts.

Says the guy who is claiming all pristine corvettes up to 82 are worth msrp or more, casually ignoring inflation...

Originally Posted by 32valvZ

I can see your point. And yes, things are always changing... However, you can look at this as just the opposite. People also long for the old times and things from the old times...

Look at the gas light bulb craze thats happening right now... Go into a Home Depot or Lowes and look at all the Chinese reproductions of a gas light fixture....

Take watches... I like watches.... I like many types of watches... Of course a new Apple watch is the new thing....and pretty cool... that doesnt devalue an 80's Submariner at all.... Check the prices on them... still between $5-7k

Another interest I have is quality home audio... so what use would I have for a vintage RCA Victor? Not for its sound quality obviously.... but the cool factor of having it in my home as a piece of history and a conversation piece.

Do you see what Im saying? Anything old, or rare in good condition, be it a cash register, a clock, antique furniture or a Corvette, will eventually be something that people will want in the future.

What comes around goes around. Value is built through rarity and the longing to have things others do not. Its simple human nature.

....and as a car guy.... Id love to have a Model A in my collection..... why wouldn't I?

It's not just about age though. It's about appearance, use, purpose, all together.

The light bulbs are reproductions. They aren't collectable items. It's not really about old becoming new, it's about people desiring to create an atmosphere of a different time period.

See anyone collecting early 1996 RCA boom boxes and stereos? They don't have the aesthetic quality, or the physical quality. If things only get more valuable over time, why aren't the pristine Model A cars worth a million bucks?

Value is built on desirability, availability, and condition. Then one has to consider maintainability and future collectability.

ZR1s aren't overly desirable. The group that likes them is small. In actuality, smaller than the number of cars available. Substantially when you look at the number of owners who own multiple cars. And compared to past generations of corvettes and owners, the generation that should have loved the C4 doesn't.

They are available in almost any year and most colors at any given point. You may not find the exact combo you want, but consider some other collector cars out there that rarely come up for sale. It's take what you can get. There are a lot of choices with ZR1s.

Condition. As I said before, there are likely more low mileage ZR1s as a percentage of cars built than any other mass produced collector car model out there. So finding clean low mileage cars is more the norm than the exception.

[Mystic ZR-1]

Hey Marty
I gotta get some cash quick!
Can you sell my car on consignment for
whatever you can get for it while there’s still some (but not much...)
value left?
Got a hot hot hot tip on some parachute pants stock, but gotta act quick!
Thanks,
🤪

[spork2367]

Originally Posted by Mystic ZR-1

Hey Marty
I gotta get some cash quick!
Can you sell my car on consignment for
whatever you can get for it while there’s still some (but not much...)
value left?
Got a hot hot hot tip on some parachute pants stock, but gotta act quick!
Thanks,
🤪

I heard there's about to be a big sell off, I'd hold out...

[Mystic ZR-1]

Originally Posted by spork2367

I heard there's about to be a big sell off, I'd hold out...

How about “Members Only” jacket stock? 🤩

[DRM500RUBYZR-1]

Again, I was tempted to write a factual response to spork's whatever.
However, I remembered the old adage of arguing with a fool.
From ten feet away, you can't tell who is who.


I am however left with one question.


All of the people that regularly come on here and assert the lack of value of Corvettes in general, and ZR-1's in particular, why do they even own one if they do, and why come here if that is how they feel? What is the point?

I have presented facts.
If you don't like them, then that is fine.
May you have a good day anyway.


My ZR-1 is priceless to me!
Sorry some of you don't feel the same.
Your loss, not mine.
Marty

[spork2367]

Originally Posted by DRM500RUBYZR-1

Again, I was tempted to write a factual response to spork's whatever.
However, I remembered the old adage of arguing with a fool.
From ten feet away, you can't tell who is who.


I am however left with one question.


All of the people that regularly come on here and assert the lack of value of Corvettes in general, and ZR-1's in particular, why do they even own one if they do, and why come here if that is how they feel? What is the point?

I have presented facts.
If you don't like them, then that is fine.
May you have a good day anyway.


My ZR-1 is priceless to me!
Sorry some of you don't feel the same.
Your loss, not mine.
Marty

You'd be tempted to write a factual response, but you don't have one, and while YOU'RE ZR1 may be priceless, the ones on your website have a price...and it's high. Really high.

Your own website, where the dealership you are partial owner in is selling cars, contradicts what you've come into this thread and said about corvette values.

I've got more in spare parts than most have in their cars. My z's will run forever, and I love them. I'm just realistic about their value.

[DRM500RUBYZR-1]

Originally Posted by rossgn49u

Well, crap! The majority of my 401k is invested in parachute pants stock.

As a broker, I spread my risk around.


8 track tape players


Sony Beta


Harvey Weinstein movie futures.


Cigarette companies.


Zippered pants/shorts.


Pontiac Franchises.


the list goes on.


Marty

[DRM500RUBYZR-1]

Originally Posted by Mystic ZR-1

Hey Marty
I gotta get some cash quick!
Can you sell my car on consignment for
whatever you can get for it while there’s still some (but not much...)
value left?
Got a hot hot hot tip on some parachute pants stock, but gotta act quick!
Thanks,
🤪

No, I hear that these Corvettes are just a passing fad, so it might never sell.
But count me on on the pants deal!
Marty

[DRM500RUBYZR-1]

Originally Posted by spork2367

You'd be tempted to write a factual response, but you don't have one, and while YOU'RE ZR1 may be priceless, the ones on your website have a price...and it's high. Really high.


Your own website, where the dealership you are partial owner in is selling cars, contradicts what you've come into this thread and said about corvette values.

I've got more in spare parts than most have in their cars. My z's will run forever, and I love them. I'm just realistic about their value.

Realistic?
Pointless.

Believe what you wish.


Oh, and for the record, that is owner, spork, and yes I do sell them, thank you.



Again, have a good day.
Marty