"New" ZR1 at Claremont...
Discussion
You've probably seen this:
www.corvette.co.uk/zr1/car.html
It seems to be in pristine condition, and 1100 miles only means it's nearly new. But £29,995??? Is it really worth that (I presume to a collector??)...
If I could get half-that for my '91 I'd sell it straight away!!
www.corvette.co.uk/zr1/car.html
It seems to be in pristine condition, and 1100 miles only means it's nearly new. But £29,995??? Is it really worth that (I presume to a collector??)...
If I could get half-that for my '91 I'd sell it straight away!!
Just seen an 88 at www.americancarriage.co.uk/ for £10k - Where do thay get these prices from??
£10K - yes seems a lot, but seems to be the going "forecourt" price for a late L98; into LT1 territory, and it jumps to £13-£17K...
All of this is possibly about 30-50% *more* than you'd get privately, but I suppose anything less than that sort of markup makes it no point in selling them!!
All of this is possibly about 30-50% *more* than you'd get privately, but I suppose anything less than that sort of markup makes it no point in selling them!!
I thought ZR1 owners would be happy with the high price 
This is a very limited edition Corvette and the history behind the making of the car is incredible.
I am not knocking the C5 or the C6 as I would love to have either as a daily driver but I just can't see a ZO6 achieving the rarity status of the ZR1.
I agree you could get a C5 for this sort of money but a ZR1 was not and never will be a standard Corvette.
It was, in its time a sensation and the fact that it ever got produced at all is a testimony to the vision and tenacity of a few people within GM.
I certainly think that technology has moved on significantly since the original design of the C4 and the introduction of the ZR1.The ZR1 no longer represents the pinnacle of Corvette engineering.
What it always will be is a very special Corvette that will appeal in future years to Corvette aficionados and car collectors.
So if you want a great handling car that will blow away most other cars on the road today at a reasonable price get a C5.
If you want something really special and a fantastic bit of automotive history that is only going to be enjoyed by a few very lucky owners then buy a ZR1. Standard ones are becoming rarer each day. I will be hanging on to mine for a bit longer and maybe if the lottery numbers come up this weekend a C6 will be the daily driver
This is a very limited edition Corvette and the history behind the making of the car is incredible.
I am not knocking the C5 or the C6 as I would love to have either as a daily driver but I just can't see a ZO6 achieving the rarity status of the ZR1.
I agree you could get a C5 for this sort of money but a ZR1 was not and never will be a standard Corvette.
It was, in its time a sensation and the fact that it ever got produced at all is a testimony to the vision and tenacity of a few people within GM.
I certainly think that technology has moved on significantly since the original design of the C4 and the introduction of the ZR1.The ZR1 no longer represents the pinnacle of Corvette engineering.
What it always will be is a very special Corvette that will appeal in future years to Corvette aficionados and car collectors.
So if you want a great handling car that will blow away most other cars on the road today at a reasonable price get a C5.
If you want something really special and a fantastic bit of automotive history that is only going to be enjoyed by a few very lucky owners then buy a ZR1. Standard ones are becoming rarer each day. I will be hanging on to mine for a bit longer and maybe if the lottery numbers come up this weekend a C6 will be the daily driver
:shagga said:
rarity status of the ZR1
agreed! NOT rarity value, or certainly not for the next 20 years.
Look at the early C3 cars and some of these are now beginning to achieve decent money because of the perceived "rarity" of certain sub models and options.
"Rarity" does not equal value for example auto C2's are rare but also no one wants an auto!
Within the ZR1's the 1993 40th Anniversary, the 1994 and 1995 ones will keep their values relative to the other years purely because of the numbers of cars produced.
If you want to buy a certainty, try getting an Admiral Blue one!
IMHO
vetteheadracer said:
rarity status of the ZR1
agreed! NOT rarity value, or certainly not for the next 20 years.
Look at the early C3 cars and some of these are now beginning to achieve decent money because of the perceived "rarity" of certain sub models and options.
"Rarity" does not equal value for example auto C2's are rare but also no one wants an auto!
Within the ZR1's the 1993 40th Anniversary, the 1994 and 1995 ones will keep their values relative to the other years purely because of the numbers of cars produced.
If you want to buy a certainty, try getting an Admiral Blue one!
IMHO
I've said this before - ZR1's were built to be driven so go drive it. For all those people that have 'invested' in one and wont put any miles on it - I still say you have lost out, even if the car's value does go up - you would have lost out on driving one of the most rewarding cars around.
By the way Brett if you get a C5 as a daily driver I will stop speaking to you.
It would be most unfair if you had that and a ZR1.
Although just prior to me giving you the silent treatment I will happily drive the other one if you want to see which is fastest... on a private track of course.
It would be most unfair if you had that and a ZR1.
Although just prior to me giving you the silent treatment I will happily drive the other one if you want to see which is fastest... on a private track of course.
Am I right in thinking that one would have paid close on to £50K for one of these new ? If you had really wanted a ZR1 back then when they were new and couldn't afford it, it would seem like a real result to 'only' pay £30K for a 'as new' 1100 miler. Providing the car had been cared and stored properly, fluids and seals changed as required, only ever started and run to full operating temperature etc etc to minimise condensation issues etc you really shouldn't get any problems.
Ross - In the early days of the production run they listed at something like 60+ k USD. Either due to market manipulation or rarer than hen's teeth or pure desirability out stripping the production capacity, I understand that the sticker prices in some showrooms topped the 100 k USD mark and those prices were paid by a few.
>> Edited by jaytee368 on Wednesday 24th November 06:39
>> Edited by jaytee368 on Wednesday 24th November 06:39
Thats right JT. The ZR1 was sold as an option back in 1990. A 'base' C4 was $32,000. For the ZR1 package you had to pay another $32,000, in other words a ZR1 was $64k. Due to early demand people were paying $100k for them.
When you look at the price of a Z06 or a C6 today, you see how much a ZR1 was back then - $64k in 1990 was a lot more money than it is today.
When you look at the price of a Z06 or a C6 today, you see how much a ZR1 was back then - $64k in 1990 was a lot more money than it is today.
Hi JT, Gixer is correct re 1990 ZR1 Option $27016 going up to as much as $31683 in 1993 details taken from The Corvette Black Book, I do not know if it is true but I was told that some of the American,s were not to keen off the engine note from the Lotus developed engine, and they hated the cost, they are used to value for money not like rip of Briton, for a true ZR1 nut Claremont,s ZR1 could be a good deal in the UK, I am sure there are quite a few in the US like that as you can still get no mileage 1978 pace cars.
>> Edited by mickcorvette580 on Tuesday 23 November 20:36
>> Edited by mickcorvette580 on Tuesday 23 November 20:45
>> Edited by mickcorvette580 on Tuesday 23 November 20:36
>> Edited by mickcorvette580 on Tuesday 23 November 20:45
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