General ZR-1 Pricing Questions

[ZL1Vette]

Just wanted to get some basic pricing questions on ZR-1's: (1) For an average-driven ZR-1 -- let's say it's 15,000 miles -- how much more are each of the model years from 1990-1995? (2) How much would a 1995 model with only a few thousand miles cost vs. one from 1990 ?? (3) Is there a 'mileage threshold' at which any year ZR-1 has significant depreciation? (4) Conversely, is there a PREMIUM or minimal depreciation from the initial purchase price for a ZR-1 with only a few hundred miles (or less) or thousands of miles (since there are probably very few of the former)?

[kmoudy]

check out the zr1 registry.com ...many of your questions will be anwsered....you can also check out prior threads in the "search" area above..there are really no set anwsers to many of your questions..
but you'll have a better idea...after checking out my suggestions
good luck..

[Scoob]

Originally Posted by ZL1Vette

Just wanted to get some basic pricing questions on ZR-1's:

(1) For an average-driven ZR-1 -- let's say it's 15,000 miles -- how much more are each of the model years from 1990-1995?

(2) How much would a 1995 model with only a few thousand miles cost vs. one from 1990 ??

(3) Is there a 'mileage threshold' at which any year ZR-1 has significant depreciation?

(4) Conversely, is there a PREMIUM or minimal depreciation from the initial purchase price for a ZR-1 with only a few hundred miles (or less) or thousands of miles (since there are probably very few of the former)?

(1) It depends.
(2) It depends.
(3) It depends.
(4) It depends.

Seriously, your questions are much too vague and there are many factors that go into pricing, both objective and subjective.

Are you in the market?

[DDSLT5]

Originally Posted by Scoob

Are you in the market?

Perfect ZL1Vette response: It depends.

[VetBoyZR1]

Also check out Roger's Corvette site to see what low mileage cars are listed for. I see high mileage 90's in the teens and low mileage 95's in the 40's.

[Scoob]

Originally Posted by DDSLT5

Perfect ZL1Vette response: It depends.

[Z06ZR166c]

see what I think is that all of us ZR1 owners need to stick together and all jack up the prices... maybe back to the original pricing of the car! if we do that, NO ONE CAN STOP US...

and then maybe no one will buy the cars... BUT... lets try?

[LPE385]

Originally Posted by ZL1Vette

Just wanted to get some basic pricing questions on ZR-1's:

(1) For an average-driven ZR-1 -- let's say it's 15,000 miles -- how much more are each of the model years from 1990-1995?

(2) How much would a 1995 model with only a few thousand miles cost vs. one from 1990 ??

(3) Is there a 'mileage threshold' at which any year ZR-1 has significant depreciation?

(4) Conversely, is there a PREMIUM or minimal depreciation from the initial purchase price for a ZR-1 with only a few hundred miles (or less) or thousands of miles (since there are probably very few of the former)?

Everyone is correct here IT DEPENDS. Lets just say they are all perfect cars and need nothing. You will have an appox. price difference from a 90 to a 95 of $15,000 to $20,000. Some will argue colors, dual tops, Dunn Heads, etc. This is just a ballpark.

There is no real average per year, but if you had to pick a figure I would say around $3,000. I know this does not add up to the figures above per year but again IT DEPENDS.

Mileage threshold is buyer dependent. On average most start to shy away around 50,000 miles and this is where you will see the money and desirability start to drop as well. Again this depends on the year of the car as well. Your 405hp cars will be more sensitive to miles and colors due to production #'s being so low.

If you buy any thing with only a few hundred miles and drive is into the thousands, yes your premium has gone right out the window. Its now just another car with a few thousand miles. The cars with a few hundered miles are merely show cars. If you drive them prepare to lose some $$$.

Hope this helps.