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-   -   The inevitable appreciation of a King (http://zr1.net/forum/showthread.php?t=35160)

Dan Alloway 03-01-2024 10:02 AM

The inevitable appreciation of a King
 
With the ZR1 marque returning in 25, the spotlight is increasingly shining on our favorite toys. I agree with the rising clammer about likely appreciation. Beyond that, it?s a lot of fun to hear from performance car fans as they discover all that?s unique about RPO ZR1. Particularly from those who have the chance to drive one.

Two outtakes:

Autopian: The C4 Corvette ZR-1 Is The Last Affordable 90s Supercar

https://www.theautopian.com/the-c4-c...-90s-supercar/

Road & Track Aug/Sept ?23 - New Vintage

The generational shift that is redefining what a collector car is:

C4 Corvette: Landmark performance cars in their time and a leap forward for Americas sports care, they have simply been too cheap for too long. The minty-fresh one you could have bought four years ago for $10k is now $20k or more. And they are just getting started, especially the 89 and up six speeds or a King of the Hill ZR-1 with its Lotus-designed quad-cam 32 valve V-8. This is no guarantee of future returns, but one can look at these instantly recognizable and now-collectable cars at this price point, in this rapidly expanding segment, and garner that there is much more upside than. And I don?t say that only because I just bought one, either.

Mystic ZR-1 03-01-2024 07:16 PM

Re: The inevitable appreciation of a King
 
Everyone thought our ZR-1s would appreciate when
the C6 ZR1 came out....
So, how'd that work out?

efnfast 03-02-2024 06:57 AM

Re: The inevitable appreciation of a King
 
I've said it before. I paid 20 for mine, invested 20 into it. Know what's it's worth? 20.
Let's hope this continue to change. What I should do for the group is sell mine, then values will skyrocket, at least that's what happens when I invest in the stock market.

Vetman 03-02-2024 03:51 PM

Re: The inevitable appreciation of a King
 
Well I bought mine for 14,000 in 2012 in ver nice orginal shape. (60,000 miles) Took it to Marc?s shop for injectors nos antenna and other misc small stuff costing 3200 dollars. New Michelin?s and put 27,000 miles on it. I?m sure I could sell it for a little more than I have in it so 12 years of fun and 27,000 free miles. One road trip to NCM and one road-trip to Corvettes at Carisle. Bargain!!!

dredgeguy 03-04-2024 06:39 AM

Re: The inevitable appreciation of a King
 
Quote:

Originally Posted by efnfast (Post 341975)
I've said it before. I paid 20 for mine, invested 20 into it. Know what's it's worth? 20.
Let's hope this continue to change. What I should do for the group is sell mine, then values will skyrocket, at least that's what happens when I invest in the stock market.

Steve, no need to take one for the team, we like having you in the group:cheers:!

efnfast 03-04-2024 07:17 AM

Re: The inevitable appreciation of a King
 
Well thanks Charlie, appreciate that.

WARP TEN 03-04-2024 09:11 AM

The inevitable appreciation of a King
 
Quote:

Originally Posted by efnfast (Post 341975)
I've said it before. I paid 20 for mine, invested 20 into it. Know what's it's worth? 20.

Let's hope this continue to change. What I should do for the group is sell mine, then values will skyrocket, at least that's what happens when I invest in the stock market.



Me too Steve. Bought my 95 for $27k in 2012 with 19k miles from the second owner. Put 15k miles on it but also sent it to Marc a couple times eventually for his 510 hp package. By the time I sold it in 2016 for $37k I had about $50 in it. But those 15,000 miles were a heck of a lot of fun. And my 93 was bought from the original owner in 1994 for $40k with 6k miles. Sold it in 2007 for about $27k as I recall with about 75,000 miles. So 13 years and almost 70k of joyful miles. Don't recall how much I put in during those great 13 years but it was well worth it. Just don't ask me for investing advice. Bob

AirbusDriver 03-04-2024 01:13 PM

Re: The inevitable appreciation of a King
 
A few low mileage examples have sold for decent money. Aside from a few on BaT that brought good money, there are a couple private sales I know of.
A Yellow/Black 95 with less than 100 miles sold for $125K...a friend of mine bought it. It is shown here on the left.
https://i.postimg.cc/QC2bKSBb/IMG-2210.jpg

There was a Black/Black 90 with less than 50 miles, at Fusion Motors, that recently sold for more than $95K but less than $100K.

I purchased my Black/Red 90 with 62 original miles, as a 'barn find', for $43K and put another $7K in it with transportation, Haibeck and detailing. I have no idea what it would bring but, I suspect significantly more than I have in it.

My 89 is one of three or four 'un-altered' pre-production units so, no idea how to put a current price on it.

Collector cars can pivot quickly so, it'll be interesting to see what the future holds. In the meantime, what great cars they are!

Mark


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