2009 zr-1 how much used
2009 zr-1 how much used I know this is a stupid thread...but am I the only one that can't waite two years from now when the zr-1's get affordable...how much do u guys think they will go down to in the next 1-3 years will they ever get affordable....
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It is highly unlikely they will ever get affordable for the masses:
http://www.bgdailynews.com/articles/...news/news2.txt
Another plant shutdown and more 2009 model year cutbacks, more layoffs. Someone said in another forum that the ZR1 was the "Corvette Swan Song". And now I am beginning to wonder if that wasn't deadly accurate.
Not a stupid thread. But if ZR1 goes by way of the Ford GT, then they will command high prices for many years to come. And Ford built 4038 of the GT. ZR1 is still under 1000. $10K-$15K over MSRP is actually starting to look cheap relatively speaking.
And another irony, the Ford GT motor was also built in Wixom, Michigan. Ford idled their plant in 2007. Maybe Z06 is also in trouble? CTS-V already cancelled, XLR-V cancelled, Z28 Camaro shelved indefinitely... If GM keeps cancelling models that rely on motors from their Wixom plant...
http://www.bgdailynews.com/articles/...news/news2.txt
Another plant shutdown and more 2009 model year cutbacks, more layoffs. Someone said in another forum that the ZR1 was the "Corvette Swan Song". And now I am beginning to wonder if that wasn't deadly accurate.
Not a stupid thread. But if ZR1 goes by way of the Ford GT, then they will command high prices for many years to come. And Ford built 4038 of the GT. ZR1 is still under 1000. $10K-$15K over MSRP is actually starting to look cheap relatively speaking.
And another irony, the Ford GT motor was also built in Wixom, Michigan. Ford idled their plant in 2007. Maybe Z06 is also in trouble? CTS-V already cancelled, XLR-V cancelled, Z28 Camaro shelved indefinitely... If GM keeps cancelling models that rely on motors from their Wixom plant...
Last edited by CySevans; Mar 26, 2009 at 08:49 AM.
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They won't decrease much in value.
Chevy dropped the ball with the Z06's, they cranked 'em out like hotcakes ( Porsche did the same thing with the water cooled 911 turbos). When you produce a LOT of them, the values on them drop like a rock.
However, to GM's credit, and well, to the economy also, the ZR1 won't have this problem of insane depreciation. They won't quite be like the FGT however due to the fact that a ZR1 could effectively be created from a base C6 if one had the cost. The FGT was an entirely different unit and Ford didn't start it from a base model. Didn't hurt that it was the first American "exotic" on the block either.
So to answer your question, I see the ZR1 heading towards the 80K mark with higher mileage units
Chevy dropped the ball with the Z06's, they cranked 'em out like hotcakes ( Porsche did the same thing with the water cooled 911 turbos). When you produce a LOT of them, the values on them drop like a rock.
However, to GM's credit, and well, to the economy also, the ZR1 won't have this problem of insane depreciation. They won't quite be like the FGT however due to the fact that a ZR1 could effectively be created from a base C6 if one had the cost. The FGT was an entirely different unit and Ford didn't start it from a base model. Didn't hurt that it was the first American "exotic" on the block either.
So to answer your question, I see the ZR1 heading towards the 80K mark with higher mileage units
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I don't see the ZR1 dropping to 80K anytime soon.
too few are being produced, next years are already sold (if they are even produced) and dealers are asking a lot more the 10 or 15 over sticker for them. (if you can really get one for 10 over sticker I wanna know!)
Plus most the people that bought them are buying them to collect them, esp due to the economy. The people that can buy these cars are typically not to terribly effected by this economy at this 10 seconds.
also, if they do get to 80k used, I bet the miles are not that high. I don't see many people making this a daily driver.
too few are being produced, next years are already sold (if they are even produced) and dealers are asking a lot more the 10 or 15 over sticker for them. (if you can really get one for 10 over sticker I wanna know!)
Plus most the people that bought them are buying them to collect them, esp due to the economy. The people that can buy these cars are typically not to terribly effected by this economy at this 10 seconds.
also, if they do get to 80k used, I bet the miles are not that high. I don't see many people making this a daily driver.
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2000 zr1 will be getting built and 500 of those go to europe
so when you have 1500 in the states. and 10,000 people that want them. there goesthe price. i am just glad my dad is one of the 10,000. god he wants one. been talking ot like 5 dealers trying ot get one.
so when you have 1500 in the states. and 10,000 people that want them. there goesthe price. i am just glad my dad is one of the 10,000. god he wants one. been talking ot like 5 dealers trying ot get one.
They won't decrease much in value.
Chevy dropped the ball with the Z06's, they cranked 'em out like hotcakes ( Porsche did the same thing with the water cooled 911 turbos). When you produce a LOT of them, the values on them drop like a rock.
However, to GM's credit, and well, to the economy also, the ZR1 won't have this problem of insane depreciation. They won't quite be like the FGT however due to the fact that a ZR1 could effectively be created from a base C6 if one had the cost. The FGT was an entirely different unit and Ford didn't start it from a base model. Didn't hurt that it was the first American "exotic" on the block either.
So to answer your question, I see the ZR1 heading towards the 80K mark with higher mileage units
Chevy dropped the ball with the Z06's, they cranked 'em out like hotcakes ( Porsche did the same thing with the water cooled 911 turbos). When you produce a LOT of them, the values on them drop like a rock.
However, to GM's credit, and well, to the economy also, the ZR1 won't have this problem of insane depreciation. They won't quite be like the FGT however due to the fact that a ZR1 could effectively be created from a base C6 if one had the cost. The FGT was an entirely different unit and Ford didn't start it from a base model. Didn't hurt that it was the first American "exotic" on the block either.
So to answer your question, I see the ZR1 heading towards the 80K mark with higher mileage units
Now, based on on your theory Chevy made a mistake producing the Z06 at a level so that one could be obtained (purchased) by the masses.Gee,I didn't realize that GM was in business to produce collectible cars,somehow I always thought that the general purpose of manufacturing a product was to make money.The Z06 is at the top tier in relationship to cost where it is still affordable,but not so highly expensive like the FGT or ZR1 that really puts them in a category of their own as unique American production cars.
The greater majority of ZR1's will maintain a high level of residual value over the years.Simple based on the fact that it is a low production highly sought after sports car...which was marketed for the 5% of the population that could actually afford to buy the car.
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From: Dallas
^^^
GM is in the business to make money?! Quick, tell the Senate that one!
And yes I do think GM screwed up in regards to the C6Z as it reeks distinctly of a Porsche-type move where enthusiasts would expect a greater tangible resale value based on prior generation value performance.
However, I'm looking at picking up another C6Z so I obviously don't care too much...
GM is in the business to make money?! Quick, tell the Senate that one!
And yes I do think GM screwed up in regards to the C6Z as it reeks distinctly of a Porsche-type move where enthusiasts would expect a greater tangible resale value based on prior generation value performance.
However, I'm looking at picking up another C6Z so I obviously don't care too much...
^^^
GM is in the business to make money?! Quick, tell the Senate that one!
And yes I do think GM screwed up in regards to the C6Z as it reeks distinctly of a Porsche-type move where enthusiasts would expect a greater tangible resale value based on prior generation value performance.
However, I'm looking at picking up another C6Z so I obviously don't care too much...
GM is in the business to make money?! Quick, tell the Senate that one!
And yes I do think GM screwed up in regards to the C6Z as it reeks distinctly of a Porsche-type move where enthusiasts would expect a greater tangible resale value based on prior generation value performance.
However, I'm looking at picking up another C6Z so I obviously don't care too much...
Launching!
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From: ATX
They'll probably keep close to their original MSRP in the short term. Remember the last ZR1s were priced high at first.
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And now this:
http://www.bizjournals.com/buffalo/s...13/daily4.html
2009 ZR1 builds are done (confirmed) at less than 900 of the planned 2000 units. You won't see these below MSRP for quite awhile. If you have the means to get one, I'd do it real quick.
http://www.bizjournals.com/buffalo/s...13/daily4.html
2009 ZR1 builds are done (confirmed) at less than 900 of the planned 2000 units. You won't see these below MSRP for quite awhile. If you have the means to get one, I'd do it real quick.
where do you have proof the zr1 is not being made anymore?
They had all 2000 of them sold, as well as lots more of 2010's allocations.
GM is hurting, but why would they not build a guaranteed sale? That's like saying the quit making the camaro's.....
They had all 2000 of them sold, as well as lots more of 2010's allocations.
GM is hurting, but why would they not build a guaranteed sale? That's like saying the quit making the camaro's.....
http://www.z06vette.com/forums/f73/z...tinues-114617/
found this and it says they are still being produced, it's a bit old though....
found this and it says they are still being produced, it's a bit old though....
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http://www.z06vette.com/forums/f73/z...tinues-114617/
found this and it says they are still being produced, it's a bit old though....
found this and it says they are still being produced, it's a bit old though....
No reliable data these days. Guess we'll just have to wait for the Corvette Bash. Something is supposed to be unveiled.
Last edited by CySevans; Apr 13, 2009 at 08:18 PM.