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Thinking of selling my Z,is $30,000 a stretch?

 
Old 11-01-2018, 09:12 PM
  #21  
zrc3john
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[QUOTE=Snakeskinner2;1598263427]I think it will bring $30k if you dont sell it for less...if all owners won't sell for less! The reason the current value may be "undervalued" is because owners are selling low....that's it! If you have a nice example, hold out for top dollar. If everyone would play by these rules we would all benefit 😉

although I might take issue with your claim of "nicest one out there" 😁😁😁
[/QUOTE
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Old 11-01-2018, 10:09 PM
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I say we ban together....who's in! Don't sell low✊...don't sell low ✊....don't sell low✊ 😂😂
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Old 11-01-2018, 10:38 PM
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Originally Posted by Snakeskinner2 View Post
I think it will bring $30k if you dont sell it for less...if all owners won't sell for less! The reason the current value may be "undervalued" is because owners are selling low....that's it! If you have a nice example, hold out for top dollar. If everyone would play by these rules we would all benefit 😉

although I might take issue with your claim of "nicest one out there" 😁😁😁
As stated the market is still in the toilet and 99% of the buyers out there arenít going to pay a premium for these cars. I didnít say my car was the nicest 91,I said it might be the cleanest,not a mark on the seats etc. That Polo Green car is GORGEOUS,why havenít we seen it before?
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Old 11-01-2018, 10:47 PM
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Originally Posted by Z51JEFF View Post

As stated the market is still in the toilet and 99% of the buyers out there arenít going to pay a premium for these cars. I didnít say my car was the nicest 91,I said it might be the cleanest,not a mark on the seats etc. That Polo Green car is GORGEOUS,why havenít we seen it before?
I know most people won't pay a premium, but the ones that want a nice clean c4zr1 will if they have their hearts set on it. The owners/sellers set the market, not the buyers, why, because the sellers have the car 😉
that green car just got finished up yesterday is my understanding lol
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Old 11-02-2018, 12:21 AM
  #25  
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Originally Posted by Snakeskinner2 View Post
I say we ban together....who's in! Don't sell low✊...don't sell low ✊....don't sell low✊ 😂😂
Are you the guy doing the You Tube vids? Did you do the one on the green car for the headers installation?
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Old 11-02-2018, 12:25 AM
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Originally Posted by 81c3 View Post
Are you the guy doing the You Tube vids? Did you do the one on the green car for the headers installation?
guilty as charged 😁
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Old 11-02-2018, 09:14 AM
  #27  
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Originally Posted by Snakeskinner2 View Post
guilty as charged 😁
Nice.... I watched your header video and a couple others you did. You have courage to even get in front of a camera... I am not comfortable doing that myself. Good job man!
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Old 11-02-2018, 09:50 AM
  #28  
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[QUOTE=zrc3john;1598263468]
Originally Posted by Snakeskinner2 View Post
I think it will bring $30k if you dont sell it for less...if all owners won't sell for less! The reason the current value may be "undervalued" is because owners are selling low....that's it! If you have a nice example, hold out for top dollar. If everyone would play by these rules we would all benefit 😉

although I might take issue with your claim of "nicest one out there" 😁😁😁
[/QUOTE
Those wheels really set off the color of that car..Great job and nice two car garage in your videos..I have lived in NY my entire life....Houses in my neighborhood with 2 car garage are no less than 900 thousand and there not in the best of shape...2 family? 1.2 million,.Semi attached as well..

I know its not a real estate forum but its out of control here...Not many people with classic cars here...Space is limited and parking is at a premium...
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Old 11-02-2018, 04:13 PM
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Originally Posted by 81c3 View Post
Nice.... I watched your header video and a couple others you did. You have courage to even get in front of a camera... I am not comfortable doing that myself. Good job man!
thanks man! I stuck at it but somebody has to keep the z content going lol.
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Old 11-02-2018, 04:15 PM
  #30  
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I'm serious about the prices on these cars guys, everybody needs to band together all owners and stop selling these amazing things for peanuts. In my opinion you can't replace it for the money these are going for. These are a very special car that all of us love or we wouldn't own. The white one that this guy is selling in this sad or contemplating selling is amazing looking, all the work he's put into it, no way I would take less than 30 for that thing it's beautiful
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Old 11-02-2018, 05:50 PM
  #31  
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We don't have a monopoly and can't control what most of the 6,000 + owners do. See my post above in #12. Basic economics is supply and demand, not just what the owners do. Fair market price is what a willing buyer will give a willing seller. There's competition too, like a C5 Z06, which go for way less than $30,000. You can't control market forces unless you have a monopoly, which is illegal under the Sherman/Clayton Antitrust Act.
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Old 11-02-2018, 05:56 PM
  #32  
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Originally Posted by wsaugenstein View Post
We don't have a monopoly and can't control what most of the 6,000 + owners do. See my post above in #12. Basic economics is supply and demand, not just what the owners do. Fair market price is what a willing buyer will give a willing seller. There's competition too, like a C5 Z06, which go for way less than $30,000. You can't control market forces unless you have a monopoly, which is illegal under the Sherman/Clayton Antitrust Act.
you're right basic economics is supply and demand and guess what we have the supply. What is gas in your state $4 a gallon? Why do you pay that, why don't you just pay $1 a gallon?
If everyone or the majority of owners stop selling low the prices would rise. Obviously I know I can't convince all owners of ZR1 but the majority comes to this forum, it's a start right....
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Old 11-02-2018, 06:39 PM
  #33  
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Originally Posted by wsaugenstein View Post
We don't have a monopoly and can't control what most of the 6,000 + owners do. See my post above in #12. Basic economics is supply and demand, not just what the owners do. Fair market price is what a willing buyer will give a willing seller. There's competition too, like a C5 Z06, which go for way less than $30,000. You can't control market forces unless you have a monopoly, which is illegal under the Sherman/Clayton Antitrust Act.

I would venture to say were closer to about 5500 owners... I think its reasonable to believe that about 10% of the cars, worldwide, in the last 28 years have been wrecked or lost to floods, hurricanes, etc... just a thought...
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Old 11-02-2018, 06:44 PM
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Originally Posted by 81c3 View Post
I would venture to say were closer to about 5500 owners... I think its reasonable to believe that about 10% of the cars, worldwide, in the last 28 years have been wrecked or lost to floods, hurricanes, etc... just a thought...
if even that, I honestly would guess about 20% MIA.
either way it just demonstrates the increasing Rarity of these cars. All I'm trying to do is keep the value up for everyone😁
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Old 11-02-2018, 06:47 PM
  #35  
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To the original poster, you're ZR1 is probably in the top 5% of absolutely beautiful examples ....don't let that bitch go for a penny less than $30k!😉👊
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Old 11-02-2018, 07:18 PM
  #36  
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You're probably right, but based on the very high price when new, and the way most new and used owners have taken obsessive care of their cars over the years, maybe there's more around than some other models. No way to know. However many there are, they are certainly current bargains. Every time I crack open the front, I get a rush looking at my LT-5.
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Old 11-02-2018, 07:22 PM
  #37  
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Those wheels are beautiful, that car is a gem,,who makes those rims, thanks
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Old 11-02-2018, 07:34 PM
  #38  
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Thinking of selling mine next spring or just waiting for retirement in Aug of 2020, than deciding....
91 49,000 miles ....Evolution dragon heart package with cams.....Actually Pete did the plenum and injector housings first, went in stages .....525 crank horsepower on mustang dyno.....Excellent condition, enthusiast owned..

Car has the chrome A molds on now.



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Old 11-02-2018, 07:53 PM
  #39  
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Originally Posted by Snakeskinner2 View Post
you're right basic economics is supply and demand and guess what we have the supply. What is gas in your state $4 a gallon? Why do you pay that, why don't you just pay $1 a gallon?
If everyone or the majority of owners stop selling low the prices would rise. Obviously I know I can't convince all owners of ZR1 but the majority comes to this forum, it's a start right....
Can you prove your statements that we have the supply, or even the majority? To prove your argument, you have to prove that first. I'm sure we don't come close to having the supply. Do a survey here and on the ZR-1 Registry, and you may come up with a couple hundred at most. Even if it's 1000, that comes nowhere close to what's needed. You need facts, not speculation.
The price of gas here for regular is $2.60 and $2.85 for high test, but what does that have to do with the price of tea in China? If I was willing to pay only $1.00, none of my cars would be running. If your point is that the oil companies have a monopoly, you're wrong. Even OPEC can't keep their act together. Less demand through efficiency and alternative energy, and competition between countries and oil companies, dictate the price. And we're not OPEC, nations or the oil companies.
Add to that the fact there isn't much demand for C4's or C4 ZR-1's keeps the prices low.
By the way, I also have one that's Polo Green (1991 #500). When I bought it, it needed work, so I'm slowly doing it. There's a lot of satisfaction in bringing a Corvette back to new! I did it with my '65 fuelie, and I'll do it with this one.
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Old 11-02-2018, 09:04 PM
  #40  
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Except for the C1 C2 and some examples of the C3 generation most corvette prices are down...You think the guy who paid 118,000 dollars for a C6 ZR-1 is happy to get 60,000 thousand for it?
Its true many owners bought these hoping to cash in down the line I would imagine....I have seen a few examples of C4Z's with less than a thousand miles just sit there .....One 90 last week at mecum with 375 miles red/red bid up to 27,000 dollars and it was a no sale...

Now, if you paid 9 grand for a 79 trans am back in the day and kept it pristine, your investment would be around 300-400% profit....

Don't see many ZR-1s crossing the block for 180-200K do we?

Its what people want, its really sometimes not the car.....Everyone knows a C4Z can run circles around a Trans Am, and the funny thing about that car is they made tons of them....
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