C7 ZR1 Discussion General ZR1 Corvette Discussion, Technical Info, Performance Upgrades, Suspension Setup for Street or Track
Sponsored by:
Sponsored by: Kraken

Future Pricing

Thread Tools
 
Search this Thread
 
Old 11-16-2023, 05:51 PM
  #1  
Rick1051
Intermediate
Thread Starter
 
Rick1051's Avatar
 
Member Since: Aug 2019
Location: Fresno, CA
Posts: 48
Received 9 Likes on 5 Posts
Default Future Pricing

Hey guys, been hovering around the group for awhile as I知 starting my search for a c7 ZR1 to add next to my c6 ZR1! I知 curious as to when you guys think is the best time to buy. Is right now the lowest it値l be or do you guys think the c8 zr1 will drop these prices? I know none of us know 100% as to what could happen but just trying to get others input as to what they think. Thanks guys 🫡
Old 11-17-2023, 09:09 AM
  #2  
$Bill
Instructor
 
$Bill's Avatar
 
Member Since: Jun 2015
Location: Charlotte North Carolina
Posts: 129
Received 135 Likes on 48 Posts
Default Future Pricing

I have owned many Corvettes over the years. The best time of the year to buy a Corvette is in the fall.

Long term, prices for ZR1痴 will be determined by the demand from collectors, the rate of inflation and competition from newer model Corvette痴, none of which is predictable.

Buying at the bottom using market timing is very difficult in stocks, real estate and collector cars.

If you want to own a ZR1 for the fun of driving and owning one of the most iconic Corvette痴 ever, now is the time to buy.




The following users liked this post:
Rick1051 (11-17-2023)
Old 11-17-2023, 09:37 AM
  #3  
Zjoe6
Moderator
Support Corvetteforum!
 
Zjoe6's Avatar
 
Member Since: Aug 2015
Location: SE WI
Posts: 10,603
Received 3,942 Likes on 2,428 Posts
Default

Right now.
The following users liked this post:
Rick1051 (11-17-2023)
Old 11-17-2023, 04:17 PM
  #4  
SBR
Safety Car
 
SBR's Avatar
 
Member Since: Jan 2001
Location: Barrington IL
Posts: 4,289
Received 678 Likes on 382 Posts

Default

I really don't think the release of the C8ZR1 will have any bearing C7ZR1 prices. They are totally different cars. There were those that claimed when the ZO6 came out that the C7ZR1 would tank in value. That didn't age well lol. If you find the right car for you, buy it! The 19 ZR1 was a fluke in that it was only built for one year and is the last and highest performance front engine Corvette. Lot of guys thought that these were going to be built in 2020 but that didn't happen so guys missed out. I would think that these will be highly collectable over time,
The following 5 users liked this post by SBR:
corvettekent (11-17-2023), danm1 (11-18-2023), DebRedZR1 (11-18-2023), Oskee (11-19-2023), Rick1051 (11-17-2023)
Old 11-17-2023, 08:33 PM
  #5  
ffr1352
Pro
 
ffr1352's Avatar
 
Member Since: Sep 2004
Location: Atlanta Georgia
Posts: 551
Received 81 Likes on 54 Posts

Default

Demand/prices usually lowest in the winter. You never know when your good health is over, but you know your current financial situation. I would buy sooner rather than later as some are still under warranty and while you can get the parts and mechanics to make it perfect just in case. For under $200k its hard to find any car so much fun to drive and so capable.
The following users liked this post:
danm1 (11-18-2023)
Old 11-17-2023, 08:46 PM
  #6  
range96
Le Mans Master
 
range96's Avatar
 
Member Since: Jul 2010
Location: Lancaster, PA
Posts: 5,639
Received 1,982 Likes on 1,218 Posts

Default

Originally Posted by SBR
I really don't think the release of the C8ZR1 will have any bearing C7ZR1 prices. They are totally different cars. There were those that claimed when the ZO6 came out that the C7ZR1 would tank in value. That didn't age well lol. If you find the right car for you, buy it! The 19 ZR1 was a fluke in that it was only built for one year and is the last and highest performance front engine Corvette. Lot of guys thought that these were going to be built in 2020 but that didn't happen so guys missed out. I would think that these will be highly collectable over time,
I thought that, too. Luckily, people here on CF convinced me otherwise, provided me with a lead on an allocation and I bought a SODP, 7M car.

ZR1 prices have come down a little, with everything else, but I don't see a major down movement. Keep in mind as the car ages it will be harder to find a mint, unmolested, original paint, one owner, low mile example. And good luck finding a manual.

The following 4 users liked this post by range96:
danm1 (11-18-2023), DebRedZR1 (11-18-2023), Oskee (11-19-2023), Rick1051 (11-17-2023)

Get notified of new replies

To Future Pricing




Quick Reply: Future Pricing



All times are GMT -4. The time now is 12:47 AM.