Anyone looking for ZL1!
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Teching In
Joined: Dec 2001
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From: Randolph, NJ
Staging Lane
Joined: Feb 2002
Posts: 97
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From: Athens, Ga
http://www.dealsonwheels.com/search/...-200309-000011
holy ****, a 7 liter beast from the factory (kinda) wish i had bottomless pockets.
holy ****, a 7 liter beast from the factory (kinda) wish i had bottomless pockets.
Wow, that one's practically a steal at $130K 
$70k cheaper than the first one posted.
I'd be all over that like white on rice if I had the money. Of course, if I had the money, I probably wouldn't care about Camaros
$70k cheaper than the first one posted.I'd be all over that like white on rice if I had the money. Of course, if I had the money, I probably wouldn't care about Camaros
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Launching!
Joined: Nov 2001
Posts: 235
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From: Chester, NY
Originally Posted by DJ
holy ****, a 7 liter beast from the factory (kinda) wish i had bottomless pockets.
that being said, GMMG did do a wonderful job on them.
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ChrisL, please educate yourself before posting comments such as above. GMMG is as close to GMs COPO department as one can get. GM still honors the full factory warranty on the Phase I ZL1s. The Phase II and III are warranteed by GMMG since they are not emissions compliant and modfications to the powertrain are made. GMMG uses ALL GM parts where accessible. Take a look @ the suspension of the ZL1 for instance. Full 1LE. Lets also not forget all 69 of the ZL1s were ordered through todays "COPO" as B4C police cars. I would love to see anyone other than GMMG make that happen again. I would also think if GMMG were strictly aftermarket, that other "tuner" shops out there would be able to sell their cars for over 100,000 and not only retain, but inflate their value as rapidly as the GMMG built Camaros....
Last edited by Cammin BeaSSt; Feb 15, 2004 at 07:27 PM.
Launching!
Joined: Jul 2003
Posts: 204
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From: MI
Originally Posted by LS1_Disciple
Wow, that one's practically a steal at $130K $70k cheaper than the first one posted.
I'd be all over that like white on rice if I had the money. Of course, if I had the money, I probably wouldn't care about Camaros
$70k cheaper than the first one posted.I'd be all over that like white on rice if I had the money. Of course, if I had the money, I probably wouldn't care about Camaros
Its not about pure power, its about collectibility and value...."stickers and badges" just happen to be part of that. Collectors consider it part of the documentation. The original 1969 ZL1s sold for almost three times the price of a regular Camaro. Today you cant get a hold of one for under 100k.Considering they were around 7000 back then I would think a 93k return is worth the investment. Afterall, a regular 69 is still worth what, 5 to 6k in good condition. The original #1 has an asking price of half mil fwiw.
Build a street car and sell it 5 years from now and let me know if you get your money back. The ZL1s are selling for almost 30k over original window sticker in most cases. Keep in mind the 80k window sticker included the 31k for the car and a C5R (block) 427. Thats 50k right there, not including the rest of the upgrades, extras etc etc.....
As for 600hp, the ZL1s consistently make 505/500 through cats and exhaust and come with a full warranty. I think thats right in line with, and in alot of cases, on top of what the industry considers "the norm"
Im not trying to come across in a demeaning manor at all, I just want to enlighten people about the ZL1s value and why it is priced as it is
Build a street car and sell it 5 years from now and let me know if you get your money back. The ZL1s are selling for almost 30k over original window sticker in most cases. Keep in mind the 80k window sticker included the 31k for the car and a C5R (block) 427. Thats 50k right there, not including the rest of the upgrades, extras etc etc.....
As for 600hp, the ZL1s consistently make 505/500 through cats and exhaust and come with a full warranty. I think thats right in line with, and in alot of cases, on top of what the industry considers "the norm"
Im not trying to come across in a demeaning manor at all, I just want to enlighten people about the ZL1s value and why it is priced as it is
TECH Enthusiast
Joined: Jan 2004
Posts: 742
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From: Cincinnati, OH
For one thing, they may or may not be worth sticker at a later date. Things appreciate so rapidly anymore(see dealer mark up) that they may or may not hold their value down the road. ZR1 Vettes are prime examples of this. For these cars to actually appreciate down the road they would literally have to have next to NO miles and have been stored in hospital-like conditions for years. Not too fun, if you ask me.
Other than just buying the thing to keep in a plastic bag and show to dinner party guests, I must say
that car!
Other than just buying the thing to keep in a plastic bag and show to dinner party guests, I must say
that car! Launching!
Joined: Jul 2003
Posts: 204
Likes: 0
From: MI
Originally Posted by Cammin BeaSSt
As for 600hp, the ZL1s consistently make 505/500 through cats and exhaust and come with a full warranty. I think thats right in line with, and in alot of cases, on top of what the industry considers "the norm"
Im not trying to come across in a demeaning manor at all, I just want to enlighten people about the ZL1s value and why it is priced as it is
Im not trying to come across in a demeaning manor at all, I just want to enlighten people about the ZL1s value and why it is priced as it is
Factory 10 bolt was standard, 12 bolts found their way into over half of the ZL1s. Obviosuly youre in a different market than the 69 owners out there currently who appreciate their cars. I as well as most, prefer to drive my car. Some however, make invesments out of cars. Look at what a 69 Camaro is worth is 200,000 miles on it and then an all original 69 with 30 miles on it....... Different strokes for different folks, ya dont gotta agree, but ya can TRY n respect....
TECH Enthusiast
Joined: Feb 2004
Posts: 546
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From: Central Iowa
ChrisL, please educate yourself before posting comments such as above. GMMG is as close to GMs COPO department as one can get. GM still honors the full factory warranty on the Phase I ZL1s. The Phase II and III are warranteed by GMMG since they are not emissions compliant and modfications to the powertrain are made. GMMG uses ALL GM parts where accessible. Take a look @ the suspension of the ZL1 for instance. Full 1LE. Lets also not forget all 69 of the ZL1s were ordered through todays "COPO" as B4C police cars. I would love to see anyone other than GMMG make that happen again. I would also think if GMMG were strictly aftermarket, that other "tuner" shops out there would be able to sell their cars for over 100,000 and not only retain, but inflate their value as rapidly as the GMMG built Camaros....
Its not about pure power, its about collectibility and value...."stickers and badges" just happen to be part of that. Collectors consider it part of the documentation. The original 1969 ZL1s sold for almost three times the price of a regular Camaro. Today you cant get a hold of one for under 100k.Considering they were around 7000 back then I would think a 93k return is worth the investment. Afterall, a regular 69 is still worth what, 5 to 6k in good condition. The original #1 has an asking price of half mil fwiw. Build a street car and sell it 5 years from now and let me know if you get your money back. The ZL1s are selling for almost 30k over original window sticker in most cases. Keep in mind the 80k window sticker included the 31k for the car and a C5R (block) 427. Thats 50k right there, not including the rest of the upgrades, extras etc etc.....
As for 600hp, the ZL1s consistently make 505/500 through cats and exhaust and come with a full warranty. I think thats right in line with, and in alot of cases, on top of what the industry considers "the norm"
Im not trying to come across in a demeaning manor at all, I just want to enlighten people about the ZL1s value and why it is priced as it is
As for 600hp, the ZL1s consistently make 505/500 through cats and exhaust and come with a full warranty. I think thats right in line with, and in alot of cases, on top of what the industry considers "the norm"
Im not trying to come across in a demeaning manor at all, I just want to enlighten people about the ZL1s value and why it is priced as it is
Factory 10 bolt was standard, 12 bolts found their way into over half of the ZL1s. Obviosuly youre in a different market than the 69 owners out there currently who appreciate their cars. I as well as most, prefer to drive my car. Some however, make invesments out of cars. Look at what a 69 Camaro is worth is 200,000 miles on it and then an all original 69 with 30 miles on it....... Different strokes for different folks, ya dont gotta agree, but ya can TRY n respect....
The GMMG produced ZL1's certainly aren't for everyone, nor were they ever meant to be. We all appreciate different cars and different things in life.
For those of us that do appreciate these cars, supply vs. demand is sending the price on them higher and higher. How long will this go on? No one knows.
Remember that when Fred Gibb took delivery of the first 50 of 69 1969 ZL1's produced, he could only sell a few of them. I believe it was the only time in history that Chevrolet ever took cars back from a dealer. I believe 37 were returned and were "farmed" out to other dealers.
Today, these 1969 ZL1's are commanding prices of $300,000 and above. I know of a couple of sales within the last year in this range. Remember at last years Barrett-Jackson auction when Reggie Jackson tried to sell his white 1969 ZL1 (#51 I think is the number of the one he owned) and the bidding stalled at $275,000. He wanted $330,000 and he said he would just take it back home. I believe (if memory serves me correct) that he sold it either later that day or that week to someone who attended the auction.
Will the '02 ZL1's ever be worth this, who knows. If we give them 33 years or so like the '69's had, and if GM never produces another Camaro again, they might have a very significant value years down the road.
For the time being, I'm going to enjoy mine and if it appreciates in value in the next 10 to 20 years, I'll have my cake and eat it too.
Teching In
Joined: Feb 2004
Posts: 18
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From: marietta,ga.
Originally Posted by Elysian
The ZL1's produced by GMMG are cool. 600hp is a lot for a "near" production car. No doubt of that. Only thing is, they're a contradiction: part of what makes Camaros & Firebirds cool is that with a simple heads/cam swap they can walk all over Ferrari's, Viper's and the like - with none of the stuck-up "form over substance" crap associated with those high-dollar sports cars. Sure, Viper's and Ferrari's are fast. But for $80k I can take my Camaro, kick their *** and look really cool doing it. And for $80k I can probably walk all over that ZL1. The ZL1 is for people who are interested in badges, stickers and stripes. There are shops all over the country that could build you a car as good or better than a ZL1 for a lot less $$$.
Originally Posted by 02_Phase2_ZL1
For the time being, I'm going to enjoy mine and if it appreciates in value in the next 10 to 20 years, I'll have my cake and eat it too.
On The Tree
Joined: Sep 2004
Posts: 108
Likes: 0
this whole 67-69 camaro market is commanding insane prices. just stock one's. then you have some executive had his convertable camaro I believe it was a 67 and the bid got to 1,005,000, and he still loaded it up and went home.
