Zr1 Prototype hitting the auction! - Page 3 - ZR-1 Net Registry Forums

SAB · 01-13-2018

It bid to 110 and did not sell.

Vette73 · 01-13-2018

Quote:

Originally Posted by SAB

It bid to 110 and did not sell.

Hmm.....Considering the average price of low mileage Zs are going for low 20 s,I would think 110K is a good selling price...

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RussMcB · 01-13-2018

That's good when a seller doesn't feel like they have to take less than what they think the car is worth. Hold on to it until there's a buyer willing to pay. Who, knows, the auction may have given it a few more eyeballs, eventually leading to a sale.

SitkaSam · 01-13-2018

Very disappointing to say the least :-(
the 1970 ZR1 only got to $130,000 and bid goes on
The 1988 proto-type only got to $110,000 and bid goes on

LGAFF · 01-13-2018

I think ya gotta take it to barrett Jackson and hope Rick Hendrickson has a few in him and its looking to add a few more to the collection....

SAB · 01-14-2018

Quote:

Originally Posted by LGAFF

I think ya gotta take it to barrett Jackson and hope Rick Hendrickson has a few in him and its looking to add a few more to the collection....

I respectfully disagree. Mecum has way better sales results regarding vintage stock Corvettes vs BJ. The 89 preproduction ZR1 that crossed the block last year at BJ had no bidding on it and the owner had to buy it back. Bretts car appeared to have money on it at least although it was not enough to get it done.

LGAFF · 01-14-2018

Zs don’t do well at mecum

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LGAFF · 01-14-2018

Some of the prior results might also have been driven by the GM heritage sell off

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SAB · 01-14-2018

Quote:

Originally Posted by LGAFF

Zs don’t do well at mecum

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Point taken, however an important point to consider is the fact that BJ would have demanded that car go no reserve and if the bidding did not go as hoped, the owner is stuck paying the buy and sell premium (18% total). Not exactly an ideal situation for an owner with a valuable car in a thin market.

JThomas · 01-14-2018

In my opinion, the auctioneer did work it as hard as they did other cars. It was on the block for less than two minutes. I guess they could tell the bidders just wasn't there.

There was only one other ZR-1 at auction. A Green/Tan 1990 with 733 miles. it sold for $27,000.00.

01-13-2018	#21
SAB Join Date: Apr 2015 Location: Barrington IL Posts: 72	Re: Zr1 Prototype hitting the auction! It bid to 110 and did not sell.

01-13-2018	#23
RussMcB Join Date: Jan 2015 Location: Marietta, GA USA Posts: 1,160	Re: Zr1 Prototype hitting the auction! That's good when a seller doesn't feel like they have to take less than what they think the car is worth. Hold on to it until there's a buyer willing to pay. Who, knows, the auction may have given it a few more eyeballs, eventually leading to a sale.

01-13-2018	#24
SitkaSam Join Date: Jan 2018 Location: Lake City, MN Posts: 56	Re: Zr1 Prototype hitting the auction! Very disappointing to say the least :-( the 1970 ZR1 only got to $130,000 and bid goes on The 1988 proto-type only got to $110,000 and bid goes on

01-13-2018	#25
LGAFF Join Date: Mar 2007 Location: Crystal Lake, IL Posts: 7,191	Re: Zr1 Prototype hitting the auction! I think ya gotta take it to barrett Jackson and hope Rick Hendrickson has a few in him and its looking to add a few more to the collection.... __________________ LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359

01-14-2018	#27
LGAFF Join Date: Mar 2007 Location: Crystal Lake, IL Posts: 7,191	Re: Zr1 Prototype hitting the auction! Zs don’t do well at mecum Sent from my iPhone using ZR-1 Net Registry __________________ LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359

01-14-2018	#30
JThomas Join Date: May 2008 Location: Okemos, MI. Posts: 1,186	Re: Zr1 Prototype hitting the auction! In my opinion, the auctioneer did work it as hard as they did other cars. It was on the block for less than two minutes. I guess they could tell the bidders just wasn't there. There was only one other ZR-1 at auction. A Green/Tan 1990 with 733 miles. it sold for $27,000.00. __________________ Joe Thomas Corvette Club of Michigan NCRS-Michigan Chapter Member NCM Master Ambassador NCM Lifetime Member Former NCM Board Member 1991 ZR-1 Melon Copper Metallic/Black 1992 ZR-1 Bright Red/Black (Sold) 1995 ZR-1 Bright Aqua/Gray (Sold) 2012 ZR1 Super Sonic Blue / Dark Titanium Last edited by JThomas; 01-15-2018 at 12:20 PM.