Value of ZR-1 - ZR-1 Net Registry Forums

gmonsen · 04-23-2017

Actually, it may be the way things work. When prices get as low as they are now, it makes no sense for anyone to sell unless they are desperate for money. I think we've hit the point where most will hold off selling unless they have to sell. There are not that many decent ZR1's around and so prices will begin to go up. This is exactly what will happen unless I and so many others are wrong and the relatively rare ZR1's are really not very good cars. 10 years ago you could buy an E30 M3 in great shape for $15,000. They are now $50-150,000 depending on condition. 5 years ago you could buy a Ferrari Testarossa for $50,000. Today, the bottom prices are $100,000. How do you think prices go down so far and then go up? It ain't magic. It's supply and demand.

04-23-2017	#13
gmonsen Join Date: Jul 2011 Location: Pennsylvania Posts: 64	Re: Value of ZR-1 Actually, it may be the way things work. When prices get as low as they are now, it makes no sense for anyone to sell unless they are desperate for money. I think we've hit the point where most will hold off selling unless they have to sell. There are not that many decent ZR1's around and so prices will begin to go up. This is exactly what will happen unless I and so many others are wrong and the relatively rare ZR1's are really not very good cars. 10 years ago you could buy an E30 M3 in great shape for $15,000. They are now $50-150,000 depending on condition. 5 years ago you could buy a Ferrari Testarossa for $50,000. Today, the bottom prices are $100,000. How do you think prices go down so far and then go up? It ain't magic. It's supply and demand. __________________ 1987 Ferrari Testarossa 1990 Corvette ZR1 1991 BMW E30 M3 1993 Mazda Rx7 3 rotor 2008 Maserati Quatropporte