what will it bring at Mecums?
Racer
Joined: Jun 2008
Posts: 346
Likes: 12
From: 30 mi. SE of Dallas
http://mecum.com/auctions/lot_detail...D=BG0609-82162
it would seriously have to go between 500k and a million. impo
Team Owner
Joined: Aug 2000
Posts: 21,468
Likes: 463
From: Massillon,Ohio USA
2020 C3 of the Year Finalist - Unmodified
Cruise-In VI Veteran
St. Jude Donor '08-'09-'10-'11-'12
....."The Order Copy confirms a build date of mid May 1971, the latest known build date for an LS6 Corvette, making this the last ZR2 built".....
.....these little "tidbit" claims crack me up. Just because it is the "latest known" ZR2, does not make it the last. You'd have to know every VIN of all 12 of them to make a serious claim like that and to know the real truth. I remember when many years ago this car sported black side exhaust pipes. Do any of these "ultra rare, high dollar" cars ever find a home? Seems like it's been for sale the last ten years or so. Kinda like the Silver '71 LS6 export convertible.
...in this economy, I'll say $365K(plus all applicable taxes and bidders fees)
.....these little "tidbit" claims crack me up. Just because it is the "latest known" ZR2, does not make it the last. You'd have to know every VIN of all 12 of them to make a serious claim like that and to know the real truth. I remember when many years ago this car sported black side exhaust pipes. Do any of these "ultra rare, high dollar" cars ever find a home? Seems like it's been for sale the last ten years or so. Kinda like the Silver '71 LS6 export convertible.
...in this economy, I'll say $365K(plus all applicable taxes and bidders fees
)
Racer
Joined: Jun 1999
Posts: 340
Likes: 0
From: Evansville IN
Team Owner
Joined: Jul 2008
Posts: 23,419
Likes: 22
From: In limbo
St. Jude Donor '13-'15, '17 thru '22
Based on nothing more than my impressions from reading about these cars and watching auctions etc., I think someone who really has a home for a car like this AND is able and willing to shell out the coin is a pretty rare bird himself/herself. I'm guessing that almost everyone who pays the better part of a million dollars for a car like this doesn't even want to drive it. For the most part, I think they are fat-wallet types who want to stick the car in their garage, brag to their friends about it, drive it a half a dozen times so they can brag about that too, and then, when the insurance on a million dollar item like that gets tiresome, sell it to some other similar fat-wallet type and make $200,000, which they would also brag to their friends about. Not that there is anything wrong with that per se, it's their money and they can do with it whatever they like. I think it does inflate the prices of cars like this to a point where regular schmoes like most of us will never lay a finger on the ignition switch, but if the prices were half of what they are now I'm guessing we still wouldn't be whomping these things around town, so in the end, it probably doesn't matter.
Instructor
Joined: Jun 2003
Posts: 116
Likes: 0
From: Bloomington IL
If this is the same car, it was also reported by Corvette Market as being autioned earlier this year with a high bid of around $500k. Not sold... I also remember seeing this vehicle sold last year at Bloomington Gold for $550,000.
Lot S107
For that kind of coin I'd take one of the finer L88's out there any day..
Lot S107For that kind of coin I'd take one of the finer L88's out there any day..
Last edited by Zee06; Jul 22, 2009 at 01:50 PM.
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
Every 2027 Corvette Engine Explained
Joe Kucinski
Designer Imagines A Corvette That Looks More Like a Corvette Than the Corvette
Verdad Gallardo
10 Ugly Corvettes That We Still Kinda Love
Joe Kucinski
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer
Brett Foote
10 Things Every Corvette Owner Needs (2026 Edition)
Michael S. Palmer
8 Most "Only Corvette Owners Understand" Quirks and Problems
Pouria Savadkouei
10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years
Joe Kucinski
How Much Horsepower Every Corvette Engine "LOST" in 1972
Joe Kucinski
Top 10 DOs and DON'Ts for Protecting Your Convertible Top!
Michael S. Palmer
Team Owner
Joined: Jul 1999
Posts: 26,545
Likes: 46
From: Huntersville NC
Based on all the information available to me, my GUESS is that it will not meet its reserve, whatever that is, which means that the high bid, whatever that is, will be meaningless.
(For example, if the reserve is $5mm, then how real is my $4mm bid?)
I am fairly cynical about the auction process, especially now that it has become TV entertainment, initially once a year BJ... then twice a year BJ, and now every frigging night Mecum !!! unreal! Running cars through auctions with unrealistic high reserves is a "value building process" which creates the impression a car must be worth more than $500,000 if it has been bid that high several times but not sold.
And here is my unsolicited auction advice: If you are ever outbid at an auction, and the high bidder somehow has disappeared, and the seller offers the item to you as the next high bidder... politely decline!
(For example, if the reserve is $5mm, then how real is my $4mm bid?)
I am fairly cynical about the auction process, especially now that it has become TV entertainment, initially once a year BJ... then twice a year BJ, and now every frigging night Mecum !!! unreal! Running cars through auctions with unrealistic high reserves is a "value building process" which creates the impression a car must be worth more than $500,000 if it has been bid that high several times but not sold.
And here is my unsolicited auction advice: If you are ever outbid at an auction, and the high bidder somehow has disappeared, and the seller offers the item to you as the next high bidder... politely decline!
Last edited by PRNDL; Jul 22, 2009 at 05:18 PM.
