Quote:
Originally Posted by S.hafsmo
Is it not slightly ironic that everyone looking for one is complaining that all the good ones are "overpriced", but as soon as you've acquired one, most topics become a discussion of how undervalued these cars are?
If not even the Z-reg members are willing to pay premium for these, who will?
|
No one. Which is why there are so many nice cars for sale.
Quote:
Originally Posted by Z51JEFF
These price are crap and they are never accurate.
|
Which prices? The reality is, you can see what cars are listed for and not selling, and you can see the last listed price for cars that have sold and get a really good idea of where they're at.
Quote:
Originally Posted by Sphinx
The guys who are getting killed are the one-owner car owners that are in love with their "investment," hoping their once "unicorn" pre-IPO shares will recover from being a penny stock. It might, but it might not.
It's supply and demand and right now, demand isn't strong for the ZR1's.
|
And some two owner cars....and also some three owner cars...They won't ever recover that much. First owners are screwed, as are most second owners unless they got a steal. And there are plenty of third owners who would be lucky to break even. With all the attention they've received in articles and such recently, with no effect on prices or desirability, they probably aren't going to appreciate much more than the rate of inflation.
Quote:
Originally Posted by A26B
Bear in mind that most Registry members already have a ZR-1. Only a small percentage of the Registry members can afford to own more than one, or don't have the space for another, or simply don't have a use for another one.
So, examining the Registry members as part of the pool of potential buyers is really not being very objective about it.
|
Agreed. And to expound on that, the people who seem to comment the most on the values rising seem to be the ones who are the most hopeful that they are.
There are the people who care about the value because they want to sell someday and make money.
There are the people who don't care because they are going to be buried in their cars.
There are the people who care because they don't own one and want to buy one, or buy a second one.
I have a hard time believing there are really any people who plan on keeping their car forever AND think/hope they should be worth more. That will only make parts more scarce and cost more. I believe those are the people who would sell out if the value went up.
I'm the person that hopes the value drops because I want to own a fleet of them....
