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Value of a 1990 ZR-1 with 1000 miles on it?

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Old 07-06-2008, 10:03 PM
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Fawndeuce
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Default Value of a 1990 ZR-1 with 1000 miles on it?

Hi,
A fellow approached me at a show that I was at today with my '62, and asked if I would be interested in a 1990 Corvette special edition coupe with about 1000 miles on it. I assume that the car is a ZR-1, because I know of no other 1990 special edition Corvette coupes? The car is not his, and he's not a Corvette guy, it belongs to the widow of the original owner.
Apparently the car was bought new and stored indoors, but it wasn't run for many years. He says it won't start, they believe there is a problem with the fuel pump. Can someone please give me a realistic ballpark idea of what it could be worth? I know some of us Corvette owners think our particular vintage is made of gold and worth millions, but I'm trying to get a realistic idea on what range '90 ZR-1's actually sell at?

Thanks,

Paul
Old 07-06-2008, 10:56 PM
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zr1fred
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Hard to say, due to the not running condition, I'd say between $20k-$25k. That's worth, not neccesarily what it would sell for. That's assuming it is a ZR1.

Last edited by zr1fred; 07-08-2008 at 05:37 PM.
Old 07-06-2008, 10:57 PM
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Default nah

i'd pass.....put the money toward z06....
Old 07-06-2008, 11:37 PM
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xlr8nflorida
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Originally Posted by Fawndeuce
Hi,
A fellow approached me at a show that I was at today with my '62, and asked if I would be interested in a 1990 Corvette special edition coupe with about 1000 miles on it. I assume that the car is a ZR-1, because I know of no other 1990 special edition Corvette coupes? The car is not his, and he's not a Corvette guy, it belongs to the widow of the original owner.
Apparently the car was bought new and stored indoors, but it wasn't run for many years. He says it won't start, they believe there is a problem with the fuel pump. Can someone please give me a realistic ballpark idea of what it could be worth? I know some of us Corvette owners think our particular vintage is made of gold and worth millions, but I'm trying to get a realistic idea on what range '90 ZR-1's actually sell at?

Thanks,

Paul
It depends on the color and obviously the condition. If it hasn't been run in a long time it will probably need $1,000-$2,500 worth of work.
Cars like that typically sell in the high $20's to low $30's. Right now its a tough market so I'd offer him high $20's and take it from there.
Old 07-06-2008, 11:57 PM
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91DRM
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You know what happens when you *** u me. More likely he got the year wrong and the way these things usually go it's probably not even a vette.
Old 07-07-2008, 12:56 AM
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Fawndeuce
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Originally Posted by 91DRM
You know what happens when you *** u me. More likely he got the year wrong and the way these things usually go it's probably not even a vette.
Thanks for the info so far guys.
The fellow I was speaking with is a car guy, just not a Vette guy. He is positive the car is a '90 coupe, he is also sure that it is some type of limited special version. He said the deceased bought it new and never drove it, because he believed that it's rarity would make it worth a fortune some day... remember ZR-1 speculation fever! God knows what he paid for it, assuming of course that it is a ZR-1?



Paul

PS. Best and worse colors for value? Red and black good? What would be bad?

Last edited by Fawndeuce; 07-07-2008 at 12:59 AM.
Old 07-07-2008, 02:12 AM
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dallas916
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Originally Posted by Fawndeuce
Thanks for the info so far guys.
The fellow I was speaking with is a car guy, just not a Vette guy. He is positive the car is a '90 coupe, he is also sure that it is some type of limited special version. He said the deceased bought it new and never drove it, because he believed that it's rarity would make it worth a fortune some day... remember ZR-1 speculation fever! God knows what he paid for it, assuming of course that it is a ZR-1?



Paul

PS. Best and worse colors for value? Red and black good? What would be bad?
All he has to do is look at the emblems or open the hood. He can't NOT know if it's a ZR-1 rather than a regular C4.
Old 07-07-2008, 04:34 AM
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Just ask the fellow if he could supply you with the VIN! Answers all of the ID questions. Post up the VIN and I'll provide the information your looking for color/interior/two tops/tint etc. I should likely be able to confirm the instument package and confirm if it's a build for Canada or just a regular USA build. If you'd rather PM it that would be fine also.
A pharmicist in my small home town bought a '62 Fawn/stick new and I had to walk past it every evening on the way home from school. The "desire" I still recall the "desire"! Three blocks before the drug store a friends father and Doctor had a red '62 GT Hawk Studebaker. Both were "driven"!

-Dave

Last edited by WVZR-1; 07-07-2008 at 04:50 AM.
Old 07-07-2008, 04:49 AM
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Sihler
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The reason it is not running is critical, but a 1000 mile, '90 Z is worth more than 30, possibly 40, so you would need to find out what is actually wrong with it.
Old 07-07-2008, 08:23 AM
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xlr8nflorida
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Originally Posted by Sihler
The reason it is not running is critical, but a 1000 mile, '90 Z is worth more than 30, possibly 40, so you would need to find out what is actually wrong with it.
Good Luck in this market, not unless you want to sit on it for a few years
Old 07-07-2008, 11:11 AM
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In good running condition, with the paint/interior/engine in 10/10 condition, this car is worth 25K. This is the all time low for these cars (90 especially) - the new ZR1 is out soon, and the economy is tanking. This is the absolute worst time to sell a ZR-1 of any year, esp. a 90.
Old 07-07-2008, 11:18 AM
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xlr8nflorida
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Originally Posted by DDSLT5
In good running condition, with the paint/interior/engine in 10/10 condition, this car is worth 25K. This is the all time low for these cars (90 especially) - the new ZR1 is out soon, and the economy is tanking. This is the absolute worst time to sell a ZR-1 of any year, esp. a 90.
And if you have a 415 90, you might as well just give that POS away for free

Yo Big D, Gotta go see Root Canal Doctor again
Old 07-07-2008, 11:21 AM
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Originally Posted by xlr8nflorida
And if you have a 415 90, you might as well just give that POS away for free

Yo Big D, Gotta go see Root Canal Doctor again
415s depend on who built them. LPE, Haibeck, SGC - all command big dollars - of course, there are but 20 of them out there! Same for 402/385s.

As for Roots - best to get a good crab grass repellent!
Old 07-07-2008, 12:04 PM
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Originally Posted by Fawndeuce
PS. Best and worse colors for value? Red and black good? What would be bad?
Black and red are the worst colors for VALUE for a 90. 80% were black or red.
Old 07-07-2008, 01:38 PM
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Bloomington Gold results:

1993 white w/red 17K miles......$39K
1992 Aqua LPE 475 47K miles.....$23.5
Set of 6 Zs-90-95 Sold for.........$220K
1991 ZR-1 REd/Red 17K miles..................$27.5
1990 ZR-1 Red/Red 35K miles.....................$27K
1990 Blk/blk unk miles no sale .........$30K high bid
1993 Blck/Blck................unk miles...$26.5
1970 ZR-1..................................$120K
Old 07-07-2008, 01:39 PM
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I'd think with 1k miles, even a red/red '90 would be worth $25k any day of the week. I'd think in 100% condition it would be more like $30k. But finding out if it's even a Z, and what color, will certainly help. My two cents but I think it would be a much easier sale if whatever is wrong with it is fixed. Rightly or wrongly some people tend to be scared of the ZR-1. If it's not running, that's not gonna help.
Old 07-07-2008, 02:36 PM
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Fawndeuce
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Thanks again guys, I now have a good idea on the value.
I'm not in the market for one, but I figure I'll go see it anyway out of curiosity (famous last words!!!).
Just to clarify a bit; the guy who spoke with me has not seen the car. He was called by the widow, his name was given to her because he is the "local guy who collects old cars". I'll bring my camera and post a few pics, we'll see what happens...



Paul

PS. Dave, the guy I bought my '62 from had a similar story to you, regarding always seeing a local fawn '62 when he was a kid. Thirty some years later after he finally found the one I now have, he began researching the original owners... Long story short, it turns out it was the car he always used to see when he was a kid!

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Old 07-07-2008, 04:12 PM
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Originally Posted by Sihler
The reason it is not running is critical, but a 1000 mile, '90 Z is worth more than 30, possibly 40,
Not even close.Maybe $30 but thats a stretch.Regardles of who ever buys this car most likely it will show up here.I just hope the guy looking at the car doesn't try to get it for next to nothing.
Old 07-07-2008, 07:09 PM
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Sihler
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Somebody please back up these claims of $20-$25k for a 1000 mile or less Z, I have never seen one and would really like to buy one.
Old 07-07-2008, 08:41 PM
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xlr8nflorida
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Originally Posted by Sihler
Somebody please back up these claims of $20-$25k for a 1000 mile or less Z, I have never seen one and would really like to buy one.
They are not out there although I think Dwight's brother did get extremely lucky. A cream puff with hardly any mileage will always go more then $25,000. They are normally $28-$32 but the economy is tough now and some of the later years are not bringing as much either so it brings down the 90 prices etc.


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