sunsalem

I have noticed the amount of mileage on a used car is not as critical to its resale value as I originally thought.
I find it a bit amazing, but there ya go...

Telepierre

Well "believing" on the C6 ZR1 may be profitable for some folks..

https://www.autoscout24.com/offers/c...6f0f?cldtidx=8

$158284 (today's euro exchange) with 517 miles..

I am pretty sure this car will walk out for 135K ish..

Just saying...

khoeysr

I saw this one. I guess people don't do their homework. I am considering trading my 15Z06 and 13ZR1 on a new ZR1 depending upon what I am offered in trade, but also might wait to use that equity on a mid engine car.

RichieRichZ06

He should have just bought a life size model of a car to stare at for a few years. That's some expensive wall art.

Kruegmeister

If you TRULY believe this give me a week and I'll have 1 or more to sell to you for $54K... back your word I'll back mine and I'll make some money! Well... maybe it'd take more than a week...
Bottom line is these are depreciating Assets, look up the C4 ZR1, its not all that sought after anymore

jmorgan07z06

One of the reasons that the C4 ZR-1 has not done well with value is because of the mercury marine engine. Parts are very hard to find. Not that it matters but there were almost twice as many C4 ZR-1's produced as the C6 ZR1.

If you find a ZR1 for $50K my guess is it has been through several owners and there will be some issues with the car. Now find me a 2013 ZR1 with less than 5K miles that has no issues and I will by it from you for $56K promptly and you can make $4K to $6K. The only problem you may run into is that there were only 482 13 ZR1's made and I own one of them. I will concede that buying a ZR1 new as an investment is certainly a long term quest but one of these days they are going bring a large number. In fact I think that the value of C6 ZR1's will likely increase a small percentage once the C7 is released. It will add to the pedigree.

DARTH VETTER

Drive the damn thing.

3 Z06ZR1

I 'll be waiting for that mint stored C6ZR1 with 22 miles on for 54,000 you can't do it!

Bill Dearborn

Problem with that car is it is a new car without a new car warranty. The used car dealer warranty is basically useless on a car like that. New cars are more likely to fail due to infant mortality issues, cars that aren't driven for long periods of time have issues due to not being driven and this car has sat around for close to 10 years. Are there any factory updates that haven't been applied, any recalls, has the oil been changed once per year, the coolant is good for only 5 years so after 10 years should have been changed twice, clutch fluid, AC seals and charge, dry rot of other seals, gaskets, weather strip, compression of weather strip due to doors being closed all the time, etc, etc, etc.

A well used car with 50K miles on it would be a better choice and less likely to have a problem since the infant mortality bugs will have been worked out. The potential for this car to be a turd is high. Maybe in 20 more years the collector market might value a low mile car like this but that is a long time to hold your breath hoping the price goes up.

Bill

cdh027

I bought my minty 1993 Cobra with 2,200 miles on it for $19,000. Sold it 5 years later for $27,500. It wasn't even for sale. Someone contacted me and wanted to buy it. Those cars are still going up in value. Anything is possible.

LIStingray

Add 2005-2006 Ford GT to your list - the ones with 5-10k miles on the clock have doubled in price in 12 years, and the ones with less than 1,000 miles have tripled.

sunsalem

The GT is the outlier.
No other modern American car can make such a claim.

NORTY

Yup, that is the difference right there. 3500 units vs. a half million units...
This is why Corvettes just are not "special" as too many are built. They are not exclusive.

range96

Can you provide a link on sportscarmarket.com that provides that info without a paid subscription? I got totally lost on that web site

sunsalem

Without the demand, the price won't do much.
During the last year of production, the car could be purchased for MSRP fairly easily.
I would have bought one if it didn't have a Mustang engine in it.

For some reason, after production stopped, the demand went thru the roof.
Maybe the economy got better...I don't recall.

Maximus68

His car will be worth nothing close to what he paid
Just like all of ours
Just like the new ZR1

For that matter
No Car will be worth anything close to what the person pays

Just my nickel

23/C8Z

if part of a collection? no problem with it.if it's their only toy car? then i pity the owner for not enjoying it as once the car was driven a few times he/she would have fallen in love with driving it.. big deal you lose 10 15k. money can't replace memories. especially for those peanuts... but to each their own. i enjoy mine to the tune of 3300 miles in the first year and plan on more once the weather breaks.. nobody knows when the reaper comes knocking, that's how i ended up with my current and first newly purchased vette. watched too many in their late 30's and early 40's go in a year and said to hell with waiting for 55 when i retire..

Murray Anderson

The GT was listed

Zo62018A8

I work as a Sales Manager for one of the world's largest Lexus dealers and last week a customer traded in a 2008 z06 with 12k miles on it. I gave him $31k for the car. If this customer had as much as 35k miles on it I would have still given him around $27k.

In my opinion he could have enjoyed his car a lot more and only lost $5k more so why treat your Corvette as a garage queen instead of enjoying it if you will lose money ANYWAY.

Another thing I can assure you of is that minor scuffs, scratches, wear on leather will NEVER affect how much money me or any other dealer will put on a car. Now if the car has frame damage, accident history on the carfax or engine, tranny or AC problems then thats a different story. Way too many people here are **** about keeping their car in show room condition but dont realize 10 years down the road your car is worth about the same as one with more miles, scuffs, scratches and beat up leather so why not enjoy your car today.

Widgeon5

There are few current vehicles that have actually appreciated in the last 30 years, GNX, Z8, GT, 911R, 993 turbo, F Ferraris, Mk IV Supras, last gen RX7 and a handful of others, it may seem like a lot but consider all the cars produced in the last 30 years and it's merely a drop in the bucket.[/QUOTE]


The McLaren F1 came out in the early 1990's for a million dollars; they now bring 8-10 million. (64 road versions built.)