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[ZR1] Thinking Of Selling My 2011 CR ZR1

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Old 12-29-2010, 05:49 PM
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GarryZR1
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I purchased a new 2011 for $103,400 last month. 3Zr w/ chrome. So 1 year older used will be much less. Sorry but these are the facts.

So just keep it.
Old 12-29-2010, 05:56 PM
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Originally Posted by GarryZR1
I purchased a new 2011 for $103,400 last month. 3Zr w/ chrome. So 1 year older used will be much less. Sorry but these are the facts.

So just keep it.
I'm Tickeled Pink you got a great deal!!!!


MIKE
Old 12-29-2010, 06:02 PM
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Thanks Mike. I am glad to see your positive attitude about it. I lost a lot on my last vette in depreciation when the marlet dropped. It is just bad times right now, so values are very low. So this makes a good reason to keep yours and enjoy it, at least till the market recovers.
Old 12-29-2010, 10:17 PM
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Originally Posted by RubyZR1
The above car sold yesterday and is coming "across the pond" to New South Wales, Australia to be converted to right hand drive. Once completed there will be 5 RHD C6ZR1's in Australia.

BTW, it sold for $89K

mpizz, good luck selling your 2011 C6ZR1
nice was this the one from ohio? if you bought it congrats!

it always amazes me how they can convert them over to right hand drive and make it look factory
Old 12-29-2010, 11:16 PM
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fts
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Originally Posted by GarryZR1
Thanks Mike. I am glad to see your positive attitude about it. I lost a lot on my last vette in depreciation when the marlet dropped. It is just bad times right now, so values are very low. So this makes a good reason to keep yours and enjoy it, at least till the market recovers.
Plus...since mine is probably a twin to yours (except mine has 950 miles), I'd hate to see a low price bar set, even though I'm not looking to sell.
Old 12-30-2010, 12:25 AM
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Originally Posted by mpizz
For me to tell you that loosing money is ok would be crazy !For a 100 grand I will leave it setting in the top of my garage .I'll move on with my next project.My granson like's it anyway!


MIKE
Good choice. Money is money and I to lose it by selling a practically brand new vehicle is just wasteful. I agree with everyone that you will not get a good resale value on it, even if it is a super car that just about every person on the road drools over. All cars, no matter what they are, take a massive hit for depreciation once driven off the lot. :
I should know. I have been in the car business since 1997 at our family's chevy store. It's a sad but harsh reality of purchasing a vehicle. And I agree with the comments on the incentives on the 2010 models. With 0% and 2010 models still out there, it puts a strain on a dealer who now has to chop away at the MSRP of the 2011 to make it attractive, otherwise they will be in the same boat next year with 2011s collecting dust as the 2012 models roll out. That of course just makes matters worse for someone like yourself with a Used 2011. :

Glad your grandson loves it! He has good taste!

:
Old 12-30-2010, 01:50 PM
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Originally Posted by GarryZR1
I purchased a new 2011 for $103,400 last month. 3Zr w/ chrome. So 1 year older used will be much less. Sorry but these are the facts.

So just keep it.
Wow.......That's a $21,000 discount on a 2011 ZR1!!! Wish the dealers in Texas would get that aggressive. Congrats on the awesome deal.
Old 12-30-2010, 02:52 PM
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It amazes me just how many people are purchasing ZR-1s and looking to sell in less than 1 or 2 years ownership. Must be impulsive purchasing, the fastest baddest production vette to date then the thrill wears off, or reality of the expense sets in.
Its all about numbers, or percentages, drive new off the dealer lot and your looking at an immediate 10-15% value lost. Add a global recession and the limited number of people who can or will spend $85k + on a used sports car. To me while the ZR-1 is most impressive, it just isn't worth the price new $110,000 min tax included. Unless you purchase with the vision to keep it for 5 years+ and truly enjoy the car. Sure its a great value for the performance versus a comparable performance Porsche, Ferrari, or Lambo but if your plans are short term ownership, prepare to lose you **** off. There are 2009 ZR-1s with < 25k miles going for $85-95k with 3+ years remaining on the drivetrain warranty.
Way better value, buy a new or 1 year old GS and have the Edelbrock supercharger kit, meth injection, headers/full exhaust and ZR-1 clutch installed for approx $12-14k tops and equal or surpass ZR-1 straight line performance. Even a better formula on a base C6/LS3.
Old 12-30-2010, 03:16 PM
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Originally Posted by Mr. Gizmo
I will give 12k plus my 2009 Z06 for the CR Zr1 with Cashmere. If it did not have cashmere, 13k plus my 2009 z06.
What a deal. I could not pass that one up
Old 12-30-2010, 03:20 PM
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Originally Posted by Polizzio
It amazes me just how many people are purchasing ZR-1s and looking to sell in less than 1 or 2 years ownership. Must be impulsive purchasing, the fastest baddest production vette to date then the thrill wears off, or reality of the expense sets in.
Oh boy the AV lives on Yeah people just impulsively make a $100K plus purchase all the time I doubt the THRILL ever wears off
Old 12-30-2010, 05:29 PM
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Originally Posted by mpizz
CR ZR1 2011,Cashmere,Chrome Wheel's,MSRP 124,900, 5,000 Mile,s,Bone Stock-EX COM.,Nav Commander. How Much would it be worth? Perfect,No Mark's. ( Just Thinking!!!!!!! )


MIKE
You got to be kidding me? You'd sell most likely the last of the truly high performance cars in the world? Plus you just bought it, so your going to take a hit on the deprecation. But I swear if I had a $100.000 I'd buy it in a heartbeat. As much as I love my 2003 50th Anniversary edition coupe for a true 20111 ZR1 ! I'm sure you family needs are demanding, but this is the WORSE time to sell any Corvette, but a ZR1 at that in this economy ?
Old 12-30-2010, 06:04 PM
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Originally Posted by DRB
Wow.......That's a $21,000 discount on a 2011 ZR1!!! Wish the dealers in Texas would get that aggressive. Congrats on the awesome deal.
I find it hard to believe that Texas is any different than anywhere else. Sometimes you just have to walk in and throw your checkbook on the table and make sure they know you are serious. I know a guy who is a great negotiator that can probably help
Old 12-30-2010, 06:26 PM
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Originally Posted by jschindler
I find it hard to believe that Texas is any different than anywhere else. Sometimes you just have to walk in and throw your checkbook on the table and make sure they know you are serious. I know a guy who is a great negotiator that can probably help
And several people who can help inspect for flaws prior to purchase and then detail.
Old 12-30-2010, 06:37 PM
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Originally Posted by dvandentop
nice was this the one from ohio? if you bought it congrats!

it always amazes me how they can convert them over to right hand drive and make it look factory
dvandentop, yes this was the Ohio CRM C6ZR1. My friend who bought this ZR1, wasn't financial enough to buy direct from the owner when he advertised here on CF. One week can make a hell of a difference,eh

There's some pics of my RHD 2009 CGM C6ZR1 along with my RHD 1993 40th Anniversary C4 ZR-1 on "My Garage" here on my CF profile fyi

My 2009 CGM C6ZR1 cost $263,000AUS by the time I drove it home in March 2010 after it's RHD conversion was completed. My RHD 1993 Ruby Red C4ZR-1 cost me $150,000AUS back in May 2001.

It's just the price we aussies have to pay to play with Corvettes downunder, mainly due to exchange rates, Taxes and Import duties that change over time.

Our aussie dollar was only buying $0.76US when I bought my C6ZR1 in May 2009.It arrived in Oz in July'09, the RHD conversion started October'09 and was completed February'10. The RHD re-engineering for the C6ZR1 costs $55,000AUS.

If I bought a new 2011 C6ZR1 now with our aussie dollar buying $1.01US+/-, it would end up costing around $240,000AUS once the RHD conversion is completed with the car ready to drive home.

Long live the "King of The Hill"
Old 12-30-2010, 10:15 PM
  #35  
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Originally Posted by C5Longhorn
And several people who can help inspect for flaws prior to purchase and then detail.
Old 12-30-2010, 11:51 PM
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Originally Posted by DebRedZR1GSVert
Oh boy the AV lives on Yeah people just impulsively make a $100K plus purchase all the time I doubt the THRILL ever wears off
I must have hit a soft spot, sorry

http://real-us.autos.yahoo.com/used-...e=50&start=401
Old 12-31-2010, 12:58 AM
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Originally Posted by RubyZR1
dvandentop, yes this was the Ohio CRM C6ZR1. My friend who bought this ZR1, wasn't financial enough to buy direct from the owner when he advertised here on CF. One week can make a hell of a difference,eh

There's some pics of my RHD 2009 CGM C6ZR1 along with my RHD 1993 40th Anniversary C4 ZR-1 on "My Garage" here on my CF profile fyi

My 2009 CGM C6ZR1 cost $263,000AUS by the time I drove it home in March 2010 after it's RHD conversion was completed. My RHD 1993 Ruby Red C4ZR-1 cost me $150,000AUS back in May 2001.

It's just the price we aussies have to pay to play with Corvettes downunder, mainly due to exchange rates, Taxes and Import duties that change over time.

Our aussie dollar was only buying $0.76US when I bought my C6ZR1 in May 2009.It arrived in Oz in July'09, the RHD conversion started October'09 and was completed February'10. The RHD re-engineering for the C6ZR1 costs $55,000AUS.

If I bought a new 2011 C6ZR1 now with our aussie dollar buying $1.01US+/-, it would end up costing around $240,000AUS once the RHD conversion is completed with the car ready to drive home.

Long live the "King of The Hill"
awesome congrats to him, i would love to come down there some day to check out a Supercar series race it looks amazing on tv, plus there is tons of other good sights in your country that would be amazing to see too.
take care

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Old 12-31-2010, 06:08 AM
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Originally Posted by mpizz
For me to tell you that loosing money is ok would be crazy !For a 100 grand I will leave it setting in the top of my garage .I'll move on with my next project.My granson like's it anyway!


MIKE
That is a attitude I like to see...... especially the grandson part.

ZR1's are meant to be owned (and driven), not sold



Doug
Old 12-31-2010, 09:11 AM
  #39  
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Originally Posted by Polizzio
Hey, are you trying to tempt me in to another car I think that is how it started with the ZR1, I saw one for sale on here People sell them for a lot of reasons---I can't imagine the thrill of the AMAZING ZR1 ever wearing off
Old 12-31-2010, 10:18 AM
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