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Old 09-04-2014   #1
A26B
 
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Default Re: First $100k $tag I've seen...

Quote:
Originally Posted by edram454 View Post
sorry. On topic, only zr1's that can command 100k+ are the speedsters, LM bodied or twin turbo LT5. I saw a callaway twin turbo LT5 speedster no sale at 150k at mecum. 100k for a stock z is not possible....yet.
Help me out a little..... what's "LM" bodied?

I think the only way to escalate the price of literally anything is to start asking for more. Consequently, I'm glad to see this happen.

EXAMPLE: I recently did a full remodel on my son's house to be able to sell it. The realtor started in with the comp evaluation for a recommended listing price. I said "Everything in construction is going up, labor, materials even new houses. How are we going to justify the remodel cost if we keep comparing to old sales price? By doing that, values will never rise" We listed for 15% more and got nearly 13% more than the comps.

You will never get it unless you ask for it. That applies to a lot more than cars & houses
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Jerry Downey
JERRYS LT5 GASKETS & PARTS
http://www.jerrysgaskets.com
1994 ZR-1, Black/Black, Lingenfelter Aerobody, 416cu in, 3.91 gears, coil-over susp, Brembo brakes, etc.
2016 Black-Red, 3LT-Z51 Auto 8-speed.
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Old 09-04-2014   #2
Ccmano
 
Join Date: Jun 2006
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Default Re: First $100k $tag I've seen...

And then there were two! This guy just posted a second one Black with only 36 miles. Also asking $100K. He can ask what he wants, but in think he's crazy if he expects to get anywhere near that price.


Jerry, I agree, if we all went with comps, price would never increase. Had the same conversation with my realtor recently. Conversely, expectations on actual selling price need to realistic.
H

Last edited by Ccmano; 09-04-2014 at 10:42 AM.
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Old 09-04-2014   #3
Z06scentair
 
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Default Re: First $100k $tag I've seen...

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Originally Posted by Ccmano View Post
He can ask what he wants, but in think he's crazy if he expects to get anywhere near that price.
H
Some people paid 100k new for these cars. The most important fact is both cars have <40 miles. There are people that can write these types of checks and never even think twice.

The more cars that are modified in years to come, only causes the price of cars like these two listed continue to become more valuable.

Brad
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Old 09-04-2014   #4
Ccmano
 
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Default Re: First $100k $tag I've seen...

Quote:
Originally Posted by Z06scentair View Post
Some people paid 100k new for these cars. The most important fact is both cars have <40 miles. There are people that can write these types of checks and never even think twice.

The more cars that are modified in years to come, only causes the price of cars like these two listed continue to become more valuable.

Brad
No question many paid $100k plus back in the day to get the first ones and many have the coin today. Problem is they just don't currently bring those prices even with <40 miles, especially 1990's. A 1995 with those miles might squeek in there. Should they command those prices, we all think so. The market will come around to these, it will just take longer.
H
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Old 09-05-2014   #5
KILLSHOTS
 
Join Date: Feb 2014
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Default Re: First $100k $tag I've seen...

Quote:
A 1995 with those miles might squeek in there.
The very last ZR-1 ever sold to the public, with fewer than 500 miles and a very interesting history, languished on eBay for months at an asking price of $95K. I'd bet my Z that it didn't sell for anywhere near that, if at all. Agreed, we want them to be worth big bucks but they're just not. This guy in Vegas is delusional if he really thinks he'll near $50K for either car.
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Old 09-04-2014   #6
edram454
 
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Default Re: First $100k $tag I've seen...

Quote:
Originally Posted by A26B View Post
Help me out a little..... what's "LM" bodied?

I think the only way to escalate the price of literally anything is to start asking for more. Consequently, I'm glad to see this happen.

EXAMPLE: I recently did a full remodel on my son's house to be able to sell it. The realtor started in with the comp evaluation for a recommended listing price. I said "Everything in construction is going up, labor, materials even new houses. How are we going to justify the remodel cost if we keep comparing to old sales price? By doing that, values will never rise" We listed for 15% more and got nearly 13% more than the comps.

You will never get it unless you ask for it. That applies to a lot more than cars & houses
LM bodies is those Lemans bodied cars Reeves Callaway made. They are very swoopy and look european. He didnt make many of them. Lemans body style.
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Old 09-04-2014   #7
BigJohn
 
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Default Re: First $100k $tag I've seen...

Quote:
Originally Posted by A26B View Post
Help me out a little..... what's "LM" bodied?

You will never get it unless you ask for it. That applies to a lot more than cars & houses
If I knew how; I would post a photo of mine!!!

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Old 09-04-2014   #8
8cam
 
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Default Re: First $100k $tag I've seen...

One of these, I believe.

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Old 09-04-2014   #9
Mystic ZR-1
 
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Default Re: First $100k $tag I've seen...

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Originally Posted by 8cam View Post
One of these, I believe.

Nice , but they're not ZR-1s like Big John's...
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Old 09-04-2014   #10
USAZR1
 
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Default Re: First $100k $tag I've seen...

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Originally Posted by BigJohn View Post
If I knew how; I would post a photo of mine!!!
Send me a few pics,John. I'll post them for you.

FWIW,I have a large BF Goodrich banner on my garage wall that features a Callaway LM on it.
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