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-   -   Value of ZR-1 (http://zr1.net/forum/showthread.php?t=27753)

Billy Mild 04-22-2017 03:24 PM

Value of ZR-1
 
What is the value of a ZR-1 with the following stats?

1991 Steel blue/blue interior
-12 year old Goodyear tires
-Injectors may or may not have been replaced this current owner doesn't know
-Was a Top Flight NCRS car back in 2006
-83,000 miles on it
-All ZR-1 items except the pizza box
-Painted top only
-Borla Exhaust
-4.10 Gears
-DRM chip
-Original Window Sticker
-5 owner car

edram454 04-22-2017 05:52 PM

Re: Value of ZR-1
 
this is always a tough subject. the car I sold was much, much better than this and all it fetched was 16.5k. It was twice the car easy. just had a new engine refinish by aaron scott right before he headed for the hills. fidanza, etc... I would not give more than 13k for this. sorry.:(

gmonsen 04-22-2017 08:33 PM

Re: Value of ZR-1
 
Pricing is a funny thing. The prices are way down. The answer is that no one should sell who absolutely doesn't have to sell. If no one or very few people sold at the current levels, prices would go up, because supply would go down. The willingness of people to accept prices that are way below the inherent value of the cars keeps the prices down.

conesare2seconds 04-22-2017 11:12 PM

Re: Value of ZR-1
 
I'll say 15-17 without seeing it. If it is still close to top flight condition it could push to 19 or so. To break above 20 in the current market would call for lower miles than this example, I think. Top flight and color are working in its favor, mods are working against it. This is just my opinion and you know what they say about opinions. :)

Young1 04-23-2017 12:56 AM

Re: Value of ZR-1
 
15k for because of 5 owners. But the color and interior are rare. You own it 3 - 4 years and it will have 100k miles too. Big thing for me at the mileage is proof when the clutch was changed. At that many miles the injectors have to have been changed.


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Billy Mild 04-23-2017 10:04 AM

Re: Value of ZR-1
 
I bought my current 1991 for $10,500 3 years ago. It had 75,000 miles on it, and needed some work. I had to do injectors and fix a ton of vacuum leaks. I re did the whole brake system on my car too.

I was thinking top dollar for this would be $13,000 just due to miles and not knowing if injectors had been done or not. Also it needs new tires.

DRM500RUBYZR-1 04-23-2017 10:58 AM

Re: Value of ZR-1
 
$10,000 to $25,000

Depends on:

1- how bad a buyer wants THAT ONE!

2- how desperate the seller is to have it gone NOW.

I have personally bought and sold them in the low and mid $30's.

I have seen documented sales here on the forum in the low teens, and every single number in between those two extremes.

Good luck!
Buy the best that fits within your budget. Paying up now for one that has had all of the proper maintenance already done will almost always end up being less expensive in the long run, than buying a neglected one for cheap and having to do tons of work to it.
Stretch on the the buy will make you much happier as you will likely have less problems!
:cheers:
Marty

Vette73 04-23-2017 11:12 AM

Re: Value of ZR-1
 
Since I walk around with an I-pad at work all day I often check values of these cars on a regular basis....It seems that a lot of people are concerned over the value of the C-4 ZR-1 now..

My question is, and I guess I can google it but, was the cost of the second generation C-6 ZR-1,118,000 dollars?

Reason I say this is because I have seen what seems like nice examples going for mid 50s.....I mean that's a drop of over 50%.......It is what it is when it comes to value...Some cars get lucky Ex:Trans -Am,air cooled porches,Hemis, whatever...

In my opinion I can't see the C-4 ZR-1 going down that much more in value as long as the remaining ones are well maintained...

gmonsen 04-23-2017 11:19 AM

Re: Value of ZR-1
 
Again... We listen to ourselves too much. If sellers believe all they can get is, say, $15,000, then that's what they ask and maybe they take a bit less even. If sellers would ask $30,000 and not sell if they couldn't get $28,000, the market would strengthen. People who buy nice ZR1's now for under $20,000 will be seen to have stolen the car in a few years. Unless you have to sell -- Unless you MUST SELL NOW -- you should be asking $25,000+ for a decent car and not sell unless you get it.

ssrszz4 04-23-2017 11:43 AM

Re: Value of ZR-1
 
Unfortunately that's not how things work.

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