Re: Is the ZR-1 going to appreciate in value eventually?
A better comment would be that there is better investments. Like putting 20-30K in a 7% stock portfolio fund. Also look how many car shows there are on Velocity. There are thriving businesses which just buy and sell collectible cars, and make a lot of money doing it.
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Re: Is the ZR-1 going to appreciate in value eventually?
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Will the ZR-1 be one of them? TBD |
Re: Is the ZR-1 going to appreciate in value eventually?
Remember Gold is just a metal. It can never be a good investment.
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Re: Is the ZR-1 going to appreciate in value eventually?
My feeling is that since there are many examples of newer faster cars collectibility may be good, but value will be capped at some number below the price of newer top level performance cars.
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Re: Is the ZR-1 going to appreciate in value eventually?
A very low mileage twenty year old car may look brand new but have dry wrought in gaskets and seals. Plus internal wrought in hoses.
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Re: Is the ZR-1 going to appreciate in value eventually?
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They made 1,550 1989 20th Anniversary Trans Am's with a very similar engine and 17 lbs of boost. The TTA's are a bit faster, and aren't limited to around 120 MPH top speed like the GNX. They also go around corners. A typical Trans Am of that generation is lucky to get into the mid 15's in the quarter compared to the TTA which is low 13's or high 12's. The TTA has not appreciated like the GNX. I think the reason the GNX has gone up in value is that there are so few and the market is tightly controlled. I know one person who has 5 or 6 of them. There were well over 5,000 C4 ZR-1's which I think will keep the prices from getting too high. |
Re: Is the ZR-1 going to appreciate in value eventually?
The gallardo 458 and aventador are all going to drop. The Lfa may go up
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You're right...most cars aren't investments...but certain ones are... as history has shown us.... |
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