Nice car for that low mileage aficionado...

[spork2367]

Originally Posted by 32valvesftw

A rising tide lifts all boats.

Not quite what that saying means...In this case, the ocean isn't the one 320 mile car, it's the 5000 30-50k mile cars. So if all the 30k mile cars jumped in value, then the POS ragged out cars would go up to.

One car going for a lot is not the "tide" it's a 5 gal. bucket of water in the ocean. Dump that one bucket in and the boats aren't going anywhere.

A 900 mile car sold for 44k back in February, but I haven't seen the rest of the ZR-1 market doing anything.

This is the cleanest, most well documented low mileage car that's sold for quite a while.

[Ccmano]

Sold for $47,250. Not bad for a 1990. Somebody got a really clean low mile car. I hope they will drive and enjoy it.
H

[spork2367]

Originally Posted by Ccmano

Sold for $47,250. Not bad for a 1990. Somebody got a really clean low mile car. I hope they will drive and enjoy it.
H

If the buyer paid 47k for a 320 mile car to drive it, they’re an idiot. They could have bought a 10k mile car for 22k...

[Erik]

Originally Posted by spork2367

If the buyer paid 47k for a 320 mile car to drive it, they’re an idiot. They could have bought a 10k mile car for 22k...

Where are these 10k mike cars for $22k? I’ve been hunting and I haven’t seen any.

[Mystic ZR-1]

Originally Posted by Ccmano

Sold for $47,250. Not bad for a 1990. Somebody got a really clean low mile car. I hope they will drive and enjoy it.
H

The only driving that car will see is on and off a trailer...

[mpiecyk]

I have a good feeling that the new owner is going for the Triple Crown @ the MCACN show in the near future this low mileage ZR-1 will not be driven it will be a trailer Queen following the show circuit.
Actually redoing all the NCRS Cert.to the National level existing Certs.are out dated.
Do the Bloomington Gold all the way to the Benchmark, car will not have a problem.
Then follow up with the Triple Crown @ The MCACN show.
Last but not least a visit to Barrett Jackson.
It's just my 2 cents worth.

[DRM500RUBYZR-1]

Originally Posted by mpiecyk

I have a good feeling that the new owner is going for the Triple Crown @ the MCACN show in the near future this low mileage ZR-1 will not be driven it will be a trailer Queen following the show circuit.
Actually redoing all the NCRS Cert.to the National level existing Certs.are out dated.
Do the Bloomington Gold all the way to the Benchmark, car will not have a problem.
Then follow up with the Triple Crown @ The MCACN show.
Last but not least a visit to Barrett Jackson.
It's just my 2 cents worth.

All things that will establish and raise it's value as time goes by, which by the way helps all of these cars, yes even the clapped out ones.
The huge advantage of 81 and newer, is the ability to confirm a car's authenticity with window sticker and more importantly build sheets, which are easy to obtain through the NCM.
Older series Corvettes were not ALWAYS expensive. As more and more cars were restored and validated through judging, values of those cars began to rise.
While occasionally one might find a low mile original C-1 through C-3, it was nowhere near the number of ZR-1's that still can be found in that condition. This has pushed down on the value escalation, but the low mile cars will thin out with time, and that barrier will soften.
If even 10% of them remain ultra low mile, you are talking a pool of approx 700 cars as Survivors that are perfect. That is not and never will be a big number.
When today's forty something crowd becomes the sixty something crowd, they will be drawn to these trailer queen beauties just as earlier generations of enthusiasts have been drawn to the earlier cars.
Whatever.
The over-arching theme is these cars have hit new highs at auctions in 2020.
The red one at BJ in January, and now this one.
No doubt owning one now will have cost less than they will cost as time continues to pass.

Marty