Frisson

For those of you speculating on future values:

http://www.autoweek.com/apps/pbcs.dl...8/newsletter01

Hirohawa

Buy it and drive it.

New cars as investments are stupid.

Stinger !!

There was a time ...it is not now or will ever be again..atleast with new Corvettes...total hole in the $$ system!

Buy to drive, not to store!

Zoxxo

If they made only 30 of them, then sure. But they are (supposedly) going to make 2000 per year. More than any other single factor, rarity is what can make such cars valuable in the years to come.

So I'm with the mutual fund iinvestment idea for making money.

Z//

back 40

I doubt anybody who has that kind of money is stupid enough to think a car is a good return on their money.
They paid well over sticker because they could, and wanted the shiney new toy that hardly anybody else would have.

Vetteguy2008

He gotta wait 45 years ... see how much 63 vettes now
The other guy sold a bit 30 years earlier

misteroman

How much are 96 Grand sports worth these days?
D

GMuffley

The Ford GT seems to hold its value well so far, but I agree that buying a car as an investment is a recipe for disappointment.

Evasive

That's because it's not a Mustang supercar. The ZR1 is simply a Vette on steroids and will drop in value just like any other Vette. If GM built an original supercar, then it might hold its value like the Ford GT.

gilly6993

just read that article....spot on IMO

MyBeaches

Sal is dumber than he looks. Just because someone doesn't drive a car often doesnt mean they are trying to make a profit. Lots of us have many cars that only see the pavement once a month, especially those buyers in the $100k range.

walterm32

Completly agree

JLMounce

Yup, spot on.

New cars are poor investments. Actually, they're not an investment, they're a hobby, why not enjoy that 100K+ that you're gonna spend on it.

I know I'm enjoying the hell out of my 80K (luckily I didn't spend that) heap of plastic, metal, and bearings. 1600 miles so far in about a month.

Dads Z06

vettesmith02

Drive it but care for it!!!!

rwpatte

allegretto

The true collectable market is a huckster's dream. The list of blood on the tracks is longer than your both arms and your Johnson. No way to predict the winner two decades or more from today.Most are bubbles (can you say, "Beanie Babies") Ty Warner,the Svengali of stupid housewives lives near my office and has an F-ing park named after him.

Prices are only what the lowest common denominator is willing to pay.

As you can tell,I'll likely pass on my dealers kind offer of what I expect to be $40-80K over.

This Sal guy is a real Maroon...

PMD C6

+1 How can one enjoy it by letting it sit all the damn time. Cars were meant to be driven. I can't believe people really want to be like the former owner of that ZR1 who held onto it for 25 years, hardly ever driving it, only to take a $62,000 kick in the *****.

Varmit

A smart and wise statement!!. Cannot for the life of me,figure out why people are so damned concerned about how much these cars will be worth in a few years. THEY ARE MEANT TO BE DRIVEN!!!!

Mjolitor 68

Remember the dopes who paid $100k for a ZR1 back in the 90s ?

Thats like $150k in 2008 $$ and the car is now worth around $35-50 k

OUCH !!!!!