my friend is planning on selling his 1990 zr1.
its got 78,000 miles on it
pretty good condition, some minor wear and tear, no a museum piece but not abused either.runs strong, no oiling problems or anything.
i told him its probably worth just short of 20
18 to 19
but most likely he would have to dump it off at 16 to 16.5 to sell it
IMHO it sounds about right (though depressing). I bought my 90 in 2003 with 52,000 miles for $15,500 and considered it a deal at the time. Mine is the common one, red/w saddle and super clean except for poor seats (cracked leather). Your friend should research and find how rare his color options are and price accordingly. I guess it truly is what I have always heard, "Only worth what someone is willing to pay for it". The location has a lot to do with it also and I had to buy one outside of Hawaii and ship it since I could not find one on the islands for sale. I just wish there weren't so many folks that "NEED" to sell their ZR-1s for so cheap. Just like real estate and the value is based on the comps (comparison of items sold).
__________________
1990 ZR-1 #1727
ZR-1 Net Registry Founding Member #74
National Corvette Museum Lifetime Member #2048
"ZR-1 No Ka 'Oi"
I would agreee with you. Those cars are really kind of "dogs" on the market. I have owned 2 (90-93) and like them very much, but was always worried about the engine , parts and getting someone qualified to work on it. They are an engineering marvel however. I would think $15k would be ALL the money for the car. Best of luck, Ray
Interesting thread. I gave up an 89R with 52K miles and $12K. The 89 needed a starter and still had the original tires that needed replaced asap.
Did I get a deal? I think so. The Z had 14,331 miles on it, original owner, every piece of paperwork from day one. New GSD3's and all Bose amps replaced with new.
He had it put on a flat bed at the dealer and carted to his garage at home, ordered it new.
It is in very, very good original condition, paint is a one footer, windshield perfect, no mods, only thing I did was replace the battery with a Delco, a new air dam from Chevrolet, replaced the original plugs, changed all the fluids, cleaned up the INFL REST sensor, re-set the codes. Black on black, passenger seat looks like never sat in. I would like to say excellent condition , but believe that word should be reserved for brand new out of the wrapper.
As far as the investment factor, we can tell ourselves that to justify it in our mind, but there are better avenues for investment of your money.
Will I get my money back? Dunno, don't care.
Only car I would trade for this one would be for the same condition and miles of a 96 LT4 roadster.
I still believe that owner history, condition and mileage brings top dollar if you have what someone wants. Always works.
i see regular c4's going for close to that price. i don't know why the market is soft on these cars but buyers are getting a steal on these cars. i see that the 94-95 are still getting good $ w/ the 95 low miles doing the best. at todays prices i feel you can pic one up drive it for several years and still get what you paid. feel the market will be real stong in 5-10 yrs. low production high hp is a winning formula. jmho
Interesting thread. I gave up an 89R with 52K miles and $12K. The 89 needed a starter and still had the original tires that needed replaced asap.
Did I get a deal? I think so. The Z had 14,331 miles on it, original owner, every piece of paperwork from day one. New GSD3's and all Bose amps replaced with new.
He had it put on a flat bed at the dealer and carted to his garage at home, ordered it new.
It is in very, very good original condition, paint is a one footer, windshield perfect, no mods, only thing I did was replace the battery with a Delco, a new air dam from Chevrolet, replaced the original plugs, changed all the fluids, cleaned up the INFL REST sensor, re-set the codes. Black on black, passenger seat looks like never sat in. I would like to say excellent condition , but believe that word should be reserved for brand new out of the wrapper.
As far as the investment factor, we can tell ourselves that to justify it in our mind, but there are better avenues for investment of your money.
Will I get my money back? Dunno, don't care.
Only car I would trade for this one would be for the same condition and miles of a 96 LT4 roadster.
I still believe that owner history, condition and mileage brings top dollar if you have what someone wants. Always works.
Boatman
You must have found a '96
I saw your ZR1 on ZR1.net.
Drove me crazy trying to remember where I saw the picture of your ZR1 this morning
my friend is planning on selling his 1990 zr1.
its got 78,000 miles on it
pretty good condition, some minor wear and tear, no a museum piece but not abused either.runs strong, no oiling problems or anything.
i told him its probably worth just short of 20
18 to 19
but most likely he would have to dump it off at 16 to 16.5 to sell it
sound about right?
only worth what someone is willing to give.....16 is about right.
Nope, never watch the market and have no idea of the value of corvettes.
ZR-1's are not dogs, I've had offers on mine over what I paid for it 3 years ago.
ZR-1s are tough sales when they overpriced or people don't list them on line properly with high res images and pertinent information. Most people just "throw" there car up their with a high dollar amt in the hopes of someone buying it. The bargain ZR-1's typically have "issues" which is why they don't sell. Don't believe me watch Ebay. I just saw a so called pristine 94 on ebay in Florida with 12,000 miles and it looked worse then 1 of my cars with 130,000 miles. You get what you pay for when it comes to cars. The car looked like a cream puff on ebay but in real life