Good time to buy a ZR-1 - Page 9 - ZR-1 Net Registry Forums

Corvettes White · 05-26-2016

What good is whiskey if it just stays in the bottle?

Dafink · 05-27-2016

I agree that all cars are meant to be driven and not parked, but this discussion is just about value not desire to drive/garage.

So lets assume that the magic # is 40 years. What do you think the price does between now and than? I just don't know how low a the price can go on these cars. Are there any other cars that are a good comp on the ZR1's?

RussMcB · 05-27-2016

Anybody posting here what they think these cars are worth in 15 years is guessing or wishing. Just think about all of the variables that would affect prices (and those are only the variables you can think of).

Dafink · 05-27-2016

I don't think anyone is asking for a definitive answer, this is a discussion in a message board. Feel free to guess away. Nobody is giving out grades for accuracy.

RussMcB · 05-27-2016

Quote:

Originally Posted by Dafink

I don't think anyone is asking for a definitive answer, this is a discussion in a message board. Feel free to guess away. Nobody is giving out grades for accuracy.

OK. I think the value will go up 13%.

We'll check back in May, 2031 and see if I was right. :-)

Happy Memorial Day weekend!

Dafink · 05-27-2016

13% on 20gs ain't much, better than -13% I guess

32valvesftw · 05-27-2016

The one thing that may help the value of all "classic cars" is the rise of the Hybrid and electric cars. My personal opinion is that in time the electrics cars and their self driving features, will make gas burners a rarity / novelty.
For what it is worth I bought mine because its a great value for the money when you consider speed, handling, and fun factor.

8cam · 05-29-2016

I think they will pace inflation, maybe plus a few percentage points. I used to think they were headed up but not so much any more. I'll just keep on driving.

mike100 · 05-29-2016

I figure that GM will have to have an unsuccessful model or make them massively complex, make the C8 $150k and produced in very small volumes, or discontinue vettes entirely to make the older ones worth a lot. Even C6 Z06's are really affordable...

maybe if vettes go Tesla and toss the ICE, then you will have the demand for the older ones improve. The best modern example is the air cooled vs water cooled Porsches.

ZRapid-1 · 05-30-2016

One thing that seems consistent is that when new, ZR-1s were about double the price of a base corvette.

That seems to still be the case.

Base C4s are just very inexpensive today.

05-26-2016	#81
Corvettes White Join Date: Dec 2003 Posts: 477	Re: Good time to buy a ZR-1 What good is whiskey if it just stays in the bottle?

05-27-2016	#82
Dafink Join Date: May 2016 Location: Bergen County, NJ Posts: 44	Re: Good time to buy a ZR-1 I agree that all cars are meant to be driven and not parked, but this discussion is just about value not desire to drive/garage. So lets assume that the magic # is 40 years. What do you think the price does between now and than? I just don't know how low a the price can go on these cars. Are there any other cars that are a good comp on the ZR1's?

05-27-2016	#83
RussMcB Join Date: Jan 2015 Location: Marietta, GA USA Posts: 1,160	Re: Good time to buy a ZR-1 Anybody posting here what they think these cars are worth in 15 years is guessing or wishing. Just think about all of the variables that would affect prices (and those are only the variables you can think of).

05-27-2016	#84
Dafink Join Date: May 2016 Location: Bergen County, NJ Posts: 44	Re: Good time to buy a ZR-1 I don't think anyone is asking for a definitive answer, this is a discussion in a message board. Feel free to guess away. Nobody is giving out grades for accuracy.

05-27-2016	#86
Dafink Join Date: May 2016 Location: Bergen County, NJ Posts: 44	Re: Good time to buy a ZR-1 13% on 20gs ain't much, better than -13% I guess

05-27-2016	#87
32valvesftw Join Date: Jun 2015 Location: Texas Posts: 530	Re: Good time to buy a ZR-1 The one thing that may help the value of all "classic cars" is the rise of the Hybrid and electric cars. My personal opinion is that in time the electrics cars and their self driving features, will make gas burners a rarity / novelty. For what it is worth I bought mine because its a great value for the money when you consider speed, handling, and fun factor.

05-29-2016	#88
8cam Join Date: Jul 2013 Location: Atlanta Posts: 451	Re: Good time to buy a ZR-1 I think they will pace inflation, maybe plus a few percentage points. I used to think they were headed up but not so much any more. I'll just keep on driving. __________________ Mark '90 ZR-1 #1322 Daily Driver, 64k and counting Black/Gray [IMG]http://i208.photobucket.com/albums/bb49/mlitherland/IMG_0326_zps3d50d8cb.jpg[/IMG]

05-29-2016	#89
mike100 Join Date: Feb 2011 Location: San Marcos CA Posts: 1,802	Re: Good time to buy a ZR-1 I figure that GM will have to have an unsuccessful model or make them massively complex, make the C8 $150k and produced in very small volumes, or discontinue vettes entirely to make the older ones worth a lot. Even C6 Z06's are really affordable... maybe if vettes go Tesla and toss the ICE, then you will have the demand for the older ones improve. The best modern example is the air cooled vs water cooled Porsches.

05-30-2016	#90
ZRapid-1 Join Date: Sep 2010 Location: Bethany, CT Posts: 119	Re: Good time to buy a ZR-1 One thing that seems consistent is that when new, ZR-1s were about double the price of a base corvette. That seems to still be the case. Base C4s are just very inexpensive today.