06-30-2011 | #1 |
Join Date: Feb 2011
Location: San Marcos CA
Posts: 1,802
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There goes the resale value
btw, I got 17 mpg on my last tank and it was kind of dull- just gonna smash on this tank...not like anybody will pay top dollar for it now |
07-01-2011 | #2 |
Join Date: Aug 2007
Location: Spring TX
Posts: 1,348
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Re: There goes the resale value
My 94 went over 50K this year...ugh.
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07-01-2011 | #3 |
Join Date: May 2007
Location: Chicagoland, IL
Posts: 9,708
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Re: There goes the resale value
I think the hot setup is buying a high miler, rebuild the motor with some nice upgrades and then just enjoy driving the darn thing. Worrying about mileage accumulation ruins the whole experience. My BR ZR has 114k on the chassis but the motor has about 20k on it and the heads are recently updated. It has a liberating feeling to just enjoy driving the damn car and not always worry about the odometer.
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07-01-2011 | #4 |
Join Date: May 2008
Location: Okemos, MI.
Posts: 1,191
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Re: There goes the resale value
1992 ZR-1 #0068. 109,000 miles and counting! I'm not worried about resale, because I'll never sell it.
I know, I should never say never, but you get the idea. Drive it!
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Joe Thomas Corvette Club of Michigan NCRS-Michigan Chapter Member NCM Master Ambassador NCM Lifetime Member Former NCM Board Member 1991 ZR-1 Melon Copper Metallic/Black 1992 ZR-1 Bright Red/Black (Sold) 1995 ZR-1 Bright Aqua/Gray (Sold) 2012 ZR1 Super Sonic Blue / Dark Titanium |
07-01-2011 | #5 |
Join Date: Mar 2007
Location: Crystal Lake, IL
Posts: 7,194
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Re: There goes the resale value
Once these car become true collectors mileage will only define how much "more" they are worth......look at 63s/BBs......basket cases for $20-30
How many guys sold their 63s/BB cars for 6-7K in the 80s and are kicking themselves now
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LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359 Last edited by LGAFF; 07-01-2011 at 10:51 AM. |
07-01-2011 | #6 |
Join Date: Jul 2004
Location: Sudbury, Ontario. Canada
Posts: 1,538
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Re: There goes the resale value
I'm with Joe.
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1991 #1516 Black/Black davidmkelly.com "Speed is often confused with insight." - Johan Cruijff |
07-01-2011 | #7 |
Join Date: Aug 2008
Location: Houston 90 Red ZR-1
Posts: 2,320
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Re: There goes the resale value
If you want something collectible then buy something thats collectible right now. Shelbys/SS Camaro's chavelles/Superbee/Super bird ect. None of us know what our Z's are gonna do on the collector market. The experts all say that there are still just to many low mile Z's out there.
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07-01-2011 | #8 |
Join Date: Mar 2007
Location: Crystal Lake, IL
Posts: 7,194
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Re: There goes the resale value
Anyone read the Corvette marketplace mag article on the 5 most groundbreaking vettes of all time????
1)L88 2)63 Coupe 3)90-95 Corvette ZR-1 4)Callaway 5)01-04 Z06
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LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359 |
07-01-2011 | #9 |
Join Date: Jul 2005
Location: Las Vegas, Nevada
Posts: 777
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Re: There goes the resale value
If you buy these things for resale, you would be better off just buying some art to hang on the wall and look at! These will probably never appreciate like the mid-years. According to the newest Corvette Magazine even the new ZR1's are not collector cars. They built too many. Dealers are now discounting them to get rid of them! Our cars will always have the stigma of hard to find parts. People are just too leary of the parts issue even though for the most part that is just perception. I say, keep them maintained and drive em like you stole them!!
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JB 1990 #148 Red/Saddle Haibeck AYBKG5 Chip/RC Engineering/Flowmasters/K&N/Samco/Fuzzy Dice :cheers: Last edited by John Boothby; 07-01-2011 at 03:52 PM. |
07-01-2011 | #10 |
Join Date: Dec 2004
Location: Jacksonville, FL USA
Posts: 4,645
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Re: There goes the resale value
I remember when I watched mine flip over to 10k miles back in 05.....I was thinking it's just broken in right about now...then I just noticed that I'm at 49,009 just today, and I'm thinking yep, she's just about broken in right about now....awh heck, I have too much fun just driving her to stop and worry about what my odo reading is doing to her value. Heck, I paid for her, and I darn well am going to use her!
But....to some one else she ain't worth much, but I don't care about that because I bough her and I can't put a price on all those miles of smiles I've had with her. I guess I'm just not cut out to be a collector car owner! Tom
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1990 ZR-1, Black/grey, #2233, stock. ZR-1 Net Reg Founding Member #316 & NCM member |
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