Polo-1

A GS not a ZR-1

xlr8nflorida

I would pay $50,000 for an absolute pristine low mileage rare color ZR-1.

I don't see why you have a problem with my statement. You obviously feel your 90 Z is worth at least $36,000.

So you don't think a 95 lower production, rare color 405 HP ZR-1 is worth 14,000 more??

96LT4

Coming from a former owner of 2 GS ragtops...he's an idiot.

Back to the yellow Z...isn't this the same car that they sold about a year ago to a guy in NY? Belive the asking price was right at $70K back then. The truck driver who delivered my yellow LT4 ragtop said he had just delivered the car for Rogers. Betting it's the same car.

corvette95

I spent over two years searching the country for a low mileage, Dunn Head, All stock, no paintwork ZR1, I would find one, sometime buy plane tickets (couple one way planning on driving the car home) this is of course after many photos and phone calls to the seller. One time I even flew from Alabama to Utah for a 2k mile Admiral Blue car. Get out there, whole right side of the car had been repainted, and NOT well. Had to re-arrange flight back home ...blah blah blah. I spent several grand on BS tring to find my right car . I ended up paying top dollar for the car I wanted at Rogers... Yes, I was that one buyer he was waiting on. I love my car, off topic, I hate Rogers - I hate the way I way I was treated by them, would never buy from them again because of their rude attitudes especially after they got my money and didnt ship the car for weeks when it was gonna go out the next day BUT ANYWAY, time is money and sometime you spend more to save more. I LOVE MY 95#278

corvette95

This just isnt fact. sorry.

Polo-1

what year did you buy your #278 Z

Z51JEFF

Sure hope the guy loves that car,pure insanity.

Zrxmax

Its not your money being spent, so, why label his actions ? By spending 90K (if it is true) he just raised the value of all low mile
GS's.

Isn't that one of the biggest gripes here about ZR-1s? values are dropping... well... boo hoo... unless you are selling cheap what difference does it make?

As far as I am concerned, if you only have 1 ZR-1 and you don't drive it you are a masochist. or... why own 1 ZR-1 if you can't enjoy it by driving it? If you own more that one, good for you... drive the high miler and have a good time.

corvette95

About 4 years or so ago

Polo-1

and 3 years ago would not have seen a 179 mile ZR-1 for under $45 even a red 90....

LT5corsa

Love your white #278.

Will we see it @ BG for the 20th?

Z51JEFF

Personally its not my money so I could give a rats ***,just cant see spending almost $100,000 for a GrandSport.

88BlackZ-51

that is insane.

secondchance

Still better than having gone to Maydoff...

bb62

I tend to agree with those who view with astonishment the payment of $90K for a GS. When you consider that a low mileage CE of the same year would probably run you at most $20K, the buyer paid a premium of $70K for what amounts to a paint and tape special with its own serial numbers. Sure they're good looking cars, but that paint job is not worth $70K.

The 96 GS is in many ways similar to the 78 Pace Car. That car was also a paint and tape special that brought huge money (in those days). The car's MSRP was about $15K and they were in some cases trading hands for as much as $35K. Even with inflation that has increased by a factor of four, these cars today are still AT MOST only worth mid 30s - and that's with no miles.

When this craziness was going on with Pace Cars, you could get 68/69 L88s for under $20K and pristine original 67 435s could be had for $13-15K. Today, people value the older cars highest when equipped with the performance engines, not because they would be competitive with the latest Corvettes (on the track) but because people want to feel what the best of bygone days felt like. It's kinda like why every F15 or F22 pilot wants to feel what a P51 feels like.

In the future that means that the ZR-1, which is the pinnacle of C4 performance (and I think - design) will be worth well more than an GS - regardless of mileage. The ZR-1 IS the standard-bearer of the C4 generation while the GS will ultimately be lost among all the other paint and tape specials that have been and will be offered over the years. I suppose it is this perception of lack of foresight on the part of someone paying $90K for a GS that makes one stand up and take notice - but only in the same way as watching a train wreck.

rhipsher

Yeah those red 90's are freakin worthless.



This is me picking it up to throw it in the dumpster after I found out.

TommyL

I dont understand why everyone thinks they have to be driven. If you look at all the high dollar collectable muscle cars...original low milage is where it's at and always has been. I would much rather (as a car nut) have a 69 camaro for example, original paint, low milage, and not so rare in color then a high dollar - pieced together perfect paint restored car. Now when it comes to higher milage cars, personally, I would mod it and personalize it to my taste like alot are doing these days as resto rods. Sooo, does milage hurt value? YES milage does affect value and regardless of what rumors fly around, these cars are NOT at all affected by sitting if "properly stored and maintained".

TommyL

Get what you can for them...there will be a day when they bring more. Who ever thought early Camaros and Trans ams would bring 2 and 3x plus what they cost new?

bb62

I don't think it is valid to compare the value of an extremely low mileage collectible muscle car from the 60s to the C4 ZR-1s. There are so few low mileage cars of that era because "investors" never put them aside - they were purchased for driving. The ones with the low mileage are that way more because something weird or unusual happened somewhere along the way. They have become oddities. The rest of them out there have been restored and represent what one might have been able to see if they had been there in the day. Even a market has been created to facilitate these restorations, but they do not have the value of the originals.

ZR-1s are very different; there are far too many very low mile ZR-1s to entice those collectors who must have the lowest mileage car. As such, the value of these cars will never be proportionally where the older cars are with the same mileage - there simply will be little market for a static display ZR-1 like there is with old muscle cars. The ZR-1's that will be the most valuable are those that get enough driving to keep them at peak performance without the mileage that would wear them out. Because there are so many pristine ZR-1s out there, there is little likelihood of many being restored in the same way the classic muscle cars are restored. It would be cheaper to buy a functional existing car. But the lowest mileage cars often need significant re- freshening from a mechanical perspective and there are those who may shy away from these cars if they can find a car that has been occasionally driven that needs nothing - even from an NCRS perspective.

Consider that the 1990 is already 20 years old. Nobody is restoring these cars. There are no books focused on restoration. And there no articles in NCRS that are restoration focused. Comparatively, by the time the 67 Corvette was 20 years old, there were numerous books and articles on "bringing these cars back". And there were many cars that have been restored from the ground up. These cars just have different histories that are driving how the market will view them.

FU

Very well put bb62