Which car will lose the less $, GS, Z06 or ZR1?
#1
Which car will lose the less $, GS, Z06 or ZR1?
I'm in the market for a Corvette. I'm hesitating between a 2012 GS, a 2012 Z06 or a 2009 ZR1.
The 2012 GS is 4lt, 23,000km, 45k$can.
The 2012 Z06, 3lt, 10,000km, 60k$can.
The 2009 ZR1, 2lt, 45,000km, 70k$can.
In 3 or 4 years, which one will have lost the most value in $$$?
Personnally, I can easily see the GS going for 35k$. The Z06 for 50k$ but somehow I think the ZR1 could still be in the 60k$ making it the best purchase not only in terms of performance, but by also by minimizing my depreciation cost.
Opinion?
The 2012 GS is 4lt, 23,000km, 45k$can.
The 2012 Z06, 3lt, 10,000km, 60k$can.
The 2009 ZR1, 2lt, 45,000km, 70k$can.
In 3 or 4 years, which one will have lost the most value in $$$?
Personnally, I can easily see the GS going for 35k$. The Z06 for 50k$ but somehow I think the ZR1 could still be in the 60k$ making it the best purchase not only in terms of performance, but by also by minimizing my depreciation cost.
Opinion?
#6
Last edited by Dano523; 10-03-2016 at 12:12 AM.
#8
Drifting
Sometimes I toss around the idea of a new Z06 or Grandsport; 1LT or 2LT without all the extra bells and whistles. When I look at the pricing, I could grab a new GS for around $65,000 and a Z for $78. While I'm thrilled about the cost of the used ZR1s coming down, I can't help but wonder why I would still pay mid to high 60's for a four or more year old car when I could have a new one for the same dough, or spend a bit more to have the new supercharged Vette.
I'm sure I"m not the only one considering this conundrum, so with this fact alone, I think the value of the ZR1 will be forced to come down in order to compete with the new offerings.
I'm sure I"m not the only one considering this conundrum, so with this fact alone, I think the value of the ZR1 will be forced to come down in order to compete with the new offerings.
Last edited by airmed2; 10-03-2016 at 04:05 PM.
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#9
Le Mans Master
Sometimes I toss around the idea of a new Z06 or Grandsport; 1LT or 2LT without all the extra bells and whistles. When I look at the pricing, I could grab a new GS for around $65,000 and a Z for $78. While I'm thrilled about the cost of the used ZR1s coming down, I can't help but wonder why I would still pay mid to high 60's for a four or more year old car when I could have a new one for the same dough, or spend a bit more to have the new superchargered Vette.
I'm sure I"m not the only one considering this conundrum, so with this fact alone, I think the value of the ZR1 will be forced to come down in order to compete with the new offerings.
I'm sure I"m not the only one considering this conundrum, so with this fact alone, I think the value of the ZR1 will be forced to come down in order to compete with the new offerings.
#10
Burning Brakes
Sometimes I toss around the idea of a new Z06 or Grandsport; 1LT or 2LT without all the extra bells and whistles. When I look at the pricing, I could grab a new GS for around $65,000 and a Z for $78. While I'm thrilled about the cost of the used ZR1s coming down, I can't help but wonder why I would still pay mid to high 60's for a four or more year old car when I could have a new one for the same dough, or spend a bit more to have the new superchargered Vette.
I'm sure I"m not the only one considering this conundrum, so with this fact alone, I think the value of the ZR1 will be forced to come down in order to compete with the new offerings.
I'm sure I"m not the only one considering this conundrum, so with this fact alone, I think the value of the ZR1 will be forced to come down in order to compete with the new offerings.
#11
Le Mans Master
If you actually drive them, they will all lose value. and the value lost is usually a % of what they cost new.
The cheapest one to buy will lose the least amount in terms of dollars.
The ZR1 will lose less in % amount do to exclusivity but cost the most to maintain. And the actual dollar amount loss will be greater.
If you want to have a really fast SCed car, well the ZR1 might be a better deal because expensive mods is basically money thrown away.
Good luck.
The cheapest one to buy will lose the least amount in terms of dollars.
The ZR1 will lose less in % amount do to exclusivity but cost the most to maintain. And the actual dollar amount loss will be greater.
If you want to have a really fast SCed car, well the ZR1 might be a better deal because expensive mods is basically money thrown away.
Good luck.
Last edited by Suns_PSD; 10-03-2016 at 04:13 PM.
#13
Drifting
If you have the cash, why not buy the car that suits your needs? Unless you are going to put it up on blocks to preserve it and wait 30 years for it to begin to appreciate, I would be looking for the one that provides the most enjoyment.
Do you want a removable top, for example? Do you plan on tracking the car? Is it just a status symbol for you?
If you plan on driving the car, there will be risk of traffic accidents, inconsiderate jerks that park too close along with a host of other unknowns that could reduce the value of the car while you own it. Buy it to enjoy.
Do you want a removable top, for example? Do you plan on tracking the car? Is it just a status symbol for you?
If you plan on driving the car, there will be risk of traffic accidents, inconsiderate jerks that park too close along with a host of other unknowns that could reduce the value of the car while you own it. Buy it to enjoy.
#15
Ok thanks everyone, it seems teh ZR1 should be losing less value. I spoke with a big used Corvette reseller and his feeling was the same.
However, I have come across a Z06 Ron Fellows with 40,000km for 45k$can. That's the lowest I've seen a Ron Fellows sell for in Canada. Would probably hold good value.
What I'm looking for is a summer toy. I am a former F2000 racer and enjoy the extra power. But I don't track my cars anymore and the GS with its removable top is quite interesting.
So hard to make up my mind.
However, I have come across a Z06 Ron Fellows with 40,000km for 45k$can. That's the lowest I've seen a Ron Fellows sell for in Canada. Would probably hold good value.
What I'm looking for is a summer toy. I am a former F2000 racer and enjoy the extra power. But I don't track my cars anymore and the GS with its removable top is quite interesting.
So hard to make up my mind.
#18
Drifting
Let ask this question, what about a 2013 w 427..
Anyone think these cars will hold value .
Reason I ask is that I am considering a trade for my 08 for a very low mileage 2013 427 . Same color as mine now but naturally a Vert
Dealer keeps wanting to make a deal and mine is just about paid for and not sure worth the extra $$$ however IF we can come to terms with a trade I am wondering long term if this will hold value any at all
I am debating on whether to make this trade or hold off and maybe trade for C7 in a year or so
However have to admit I LOVE a 427
Anyone think these cars will hold value .
Reason I ask is that I am considering a trade for my 08 for a very low mileage 2013 427 . Same color as mine now but naturally a Vert
Dealer keeps wanting to make a deal and mine is just about paid for and not sure worth the extra $$$ however IF we can come to terms with a trade I am wondering long term if this will hold value any at all
I am debating on whether to make this trade or hold off and maybe trade for C7 in a year or so
However have to admit I LOVE a 427
Last edited by tprice; 10-03-2016 at 08:19 PM.
#20
Cruising
Member Since: Aug 2016
Location: Grand Island New York
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go big or go home
I'm in the market for a Corvette. I'm hesitating between a 2012 GS, a 2012 Z06 or a 2009 ZR1.
The 2012 GS is 4lt, 23,000km, 45k$can.
The 2012 Z06, 3lt, 10,000km, 60k$can.
The 2009 ZR1, 2lt, 45,000km, 70k$can.
In 3 or 4 years, which one will have lost the most value in $$$?
Personnally, I can easily see the GS going for 35k$. The Z06 for 50k$ but somehow I think the ZR1 could still be in the 60k$ making it the best purchase not only in terms of performance, but by also by minimizing my depreciation cost.
Opinion?
The 2012 GS is 4lt, 23,000km, 45k$can.
The 2012 Z06, 3lt, 10,000km, 60k$can.
The 2009 ZR1, 2lt, 45,000km, 70k$can.
In 3 or 4 years, which one will have lost the most value in $$$?
Personnally, I can easily see the GS going for 35k$. The Z06 for 50k$ but somehow I think the ZR1 could still be in the 60k$ making it the best purchase not only in terms of performance, but by also by minimizing my depreciation cost.
Opinion?