Re: Prices and Valuation
Yet 185hp trans ams are going through the roof, lol
|
Re: Prices and Valuation
Sally Fields in a wedding dress, come on man that adds value, it has to!
|
Re: Prices and Valuation
Quote:
|
Re: Prices and Valuation
Quote:
|
Re: Prices and Valuation
OK, thanks for the info. I would only consider a pristine sub 100 mile car.
|
Re: Prices and Valuation
Quote:
|
Re: Prices and Valuation
In the early 70's my GTX beat every TA, Formula and GTO that I raced!
I still have my GTX. |
Re: Prices and Valuation
Quote:
That being said, most cars and certainly ZR1s as financial tools are more akin to gambling. Could win big, could lose big, would be happy to break even. Quote:
The market price isn't what they are listed for, it's what the market can support. The unsold cars don't set the market. If every single person selling a ZR1 decided tomorrow to sell them for 100k, that wouldn't change the market price. No one would buy them. The cars that sell set the market. A 500 mile car doesn't set the market for 50,000 mile cars. That may happen in a market where there is extremely limited selection, but there is no need to extrapolate data when we have cars selling across the mileage range. Keep in mind, statistically if there are 10 low mileage ZR1s for sale at dealerships (and I think that number is closer to 20), and that represents 10% of the low mileage cars for sale, there are 90 more for sale other places. That is a lot. And those are just the ones for sale. I think that it is extremely likely that there are 1000 sub 10k mile cars out there. This was one of the first domestic cars that people attempted to buy as an investment. Percentage wise, based on production number, there are probably more low mileage ZR1s (sub 10k) than any other 25 year old or older performance or muscle car import or domestic. Quote:
Fox body Saleens are a steal right now. I'm not a mustang guy, but I saw one sell for like 13k. I'd drive the hell out of one for 13k. Quote:
|
Re: Prices and Valuation
185 HP Trans Ams.....That brings back memories...I'm 53 now and when I turned 18 I bought a 79 yellow Trans Am....29,000 miles, tan interior, T-tops ,Pontiac mags and a big red bird on the hood...Paid 5,200 dollars for it.....Car was in really nice shape...
Sold it the following year for 5,800 dollars.....Wonder what it would be worth today.......???? You have to admit even though styling was disco era they were probably the nicest looking Trans ams made.... Go price a 77-78 with a Pontiac motor , there asking price is crazy.....Seen many nice examples of 79s going for mid twenties at Barrett Jackson.. Very very low mileage examples bring close to 100K I believe...Think I saw a 79 anniversary with extremely low miles go for close to 100K at Barret Jackson ... |
Re: Prices and Valuation
There is far more supply of ZR-1s than there is demand for ZR-1s. It's really just that simple.
|
All times are GMT -4. The time now is 11:40 AM. |
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Copyright ZR-1 Net Registry 2020