Used Car vs New Car

[Shadow248]

Originally Posted by Landshark

oh, the ironing.

Yes, are you good at ironing? I never could do it well.

Originally Posted by Landshark

you can't be getting Alzheimer's already! your confused thinking is confusing you, too. here is your (NOT A ZR-1) quote:

Nice try.

HERE is my (NOT A ZR-1) quote:

A 1988 Porsche 911 Carrera is now worth $16,900, a 1988 Corvette is now worth $10,060 (both cars with 50k). Considering the Porsche sold for...what...double what the Vette did originally? (Don't know the original price of the 911 but the vette should have been around 30k), looks like the Vette holds value just as well as the porsche. Go ahead and look it up yourself. Those were both Blue Book values.

Nuff said there.

Originally Posted by Landshark

$100,000 for a ZR-1??? maybe on planet GM. here's one with a low 14k miles for $33.5k (highest price within 200 miles):
http://www.autotrader.com/fyc/vdp.js...p=y&cardist=58

here's one with 13k miles for $28.9k:
http://www.autotrader.com/fyc/vdp.js...=y&cardist=200

here's one with 46k for $16.9k:
http://www.autotrader.com/fyc/vdp.js...=y&cardist=200

i guess that's plenty to show they are NOWHERE CLOSE TO $100k.

I never said they all were worth 100k. Damn.

Let me note that with an original selling price of $57k, today's average selling price of $30k for this nearly 15 year old car means less than 50% depreciation in that time. Of course it is a pretty rare car, but that's still good...look at any used Ferrari and you'll realize how good.

Originally Posted by Landshark

as far as 911 Carrera's, the *91's* (with some mileage on them) are pulling low-mid $30's, *not* 97-99's.

And those cars sold for what? $80k? A C5 targa is just under $50k new.

[Landshark]

Originally Posted by Shadow248

but a 91 ZR-1 would fetch nearly 100g's.
.
.
.
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I never said they all were worth 100k. Damn.

flip flop much? your last name isn't Kerry, is it?
are they ANY ZR-1's (unmodded, non-show car, etc.) that are listing for $100k?

[drivemusicnow]

Both of you stop your bickering or get married.. seriously... you're both grown men and you're being rediculous. neither of you will ever change the others mind. anyway...

I see the advantage of buying a used car in the depriciation, and initial cost of the vehicle. The "advantages" of buying a brand new car are getting fewer and fewer. Specifically look at a brand new model having typically 5 times as many problems as a second year or more model.

however like any "investment" risk is always involved.

[Landshark]

Originally Posted by drivemusicnow

Both of you stop your bickering or get married.. seriously... you're both grown men and you're being rediculous. neither of you will ever change the others mind. anyway...

thanks for your 2 cents. if it is bothering you, put us on ignore, or feel free to use the scroll slider on your browser to scroll past any posts that seem to bother you. thanks for playing.

[Noir]

Originally Posted by Landshark

if i don't see an owners manual in the glove box, i walk away. how can you not have the owner's manual for your car?!?!?!?!

Who needs to read the manual anyway?

[shelfy]

i wish had something to say, but i go both ways. oops, i meant to say i've purchased both new and pre-owned vehicles. the older i get, the more i prefer to have payments and depreciation over repair bills.

[Shadow248]

Originally Posted by Landshark

flip flop much? your last name isn't Kerry, is it?

That was low. Really low.

Originally Posted by Landshark

are they ANY ZR-1's (unmodded, non-show car, etc.) that are listing for $100k?

Don't watch Barrett-Jackson? There were two this year, one red and one white. The white one pulled $96k and the red one pulled $72k. White is the sought after color, so they generally go for more, assuming they are taken care of.

[Landshark]

Originally Posted by Shadow248

That was low. Really low.

yeah, that was bad. sorry.

Don't watch Barrett-Jackson? There were two this year, one red and one white. The white one pulled $96k and the red one pulled $72k. White is the sought after color, so they generally go for more, assuming they are taken care of.

why so much? were they owned by the Pope? i couldn't imagine paying $96k for a stinkin' '91 Corvette. the new ones are half the price and twice the car. GM could get a clue and replace that hacked-off rearend on the current Vette with the nice wide ZR-1 rear, though.

[Shadow248]

Originally Posted by Landshark

why so much? were they owned by the Pope? i couldn't imagine paying $96k for a stinkin' '91 Corvette. the new ones are half the price and twice the car. GM could get a clue and replace that hacked-off rearend on the current Vette with the nice wide ZR-1 rear, though.

Serious question - do you know what makes a ZR-1 so special?

Until the C6 ZO6 hit's the streets, the 1990-1992 ZR1's will remain the fastest street Vette ever. The C5 ZO6 is just a tick off pace. Now I really don't think a ZR1 could even offer a challenge to a C5 ZO6 on a course, but in raw acceleration, the ZR1 has the crown for now.

How's this you ask? The ZR1 had a wacky engine. Developed by Lotus and built out-of-house by GM's CSV team, the LT5 was a DOHC aluminum block V8. Redlining at 8500rpm (I think), the engine delivered 405hp and 400lb/ft. This was kind of an experiment for GM and the results were not positive (engine was ridiculously complicated and expensive to maintian, so it was dropped along with the ZR1 and the next engine to take up it's slot was the LT4 in 1994).

So the reason, I believe, that the BJ auctioned Vettes sold so well is the prestige that a vehicle sold by them carries. They will really show you the absolute best that you can get for a given vehicle. Not to mention both those examples had less than 10k miles and were absolutely flawless. I just used that to illustrate what the Vette is capable of.

[Shadow248]

I have to note that I just learned something. The ZR-1 Vette lived until 1995. However, in 1994 as i noted, the LT4 replaced the LT5 motor. But I do know that the LT5 was not produced past 1992...so that leaves 1993 as a big question mark. What motor did they use? Hmmm.

[Matthewmongan]

with a used car you know any problems the car might have. case in point, the svx tranny. new owners in 92 didnt know their tranny was going to go out in 75k.

some insurences charge less for used cars.

parts are cheeper on the average (key word average) used car.

unless its a sports car your best to buy used if you spend time to think about it. and even if its a sports car you can get a great deal if you have maintence records (i plan on buying a boxter or bmw z3 when i graduate school)

[Matthewmongan]

Originally Posted by Shadow248

Serious question - do you know what makes a ZR-1 so special?

Until the C6 ZO6 hit's the streets, the 1990-1992 ZR1's will remain the fastest street Vette ever. The C5 ZO6 is just a tick off pace. Now I really don't think a ZR1 could even offer a challenge to a C5 ZO6 on a course, but in raw acceleration, the ZR1 has the crown for now.

How's this you ask? The ZR1 had a wacky engine. Developed by Lotus and built out-of-house by GM's CSV team, the LT5 was a DOHC aluminum block V8. Redlining at 8500rpm (I think), the engine delivered 405hp and 400lb/ft. This was kind of an experiment for GM and the results were not positive (engine was ridiculously complicated and expensive to maintian, so it was dropped along with the ZR1 and the next engine to take up it's slot was the LT4 in 1994).

So the reason, I believe, that the BJ auctioned Vettes sold so well is the prestige that a vehicle sold by them carries. They will really show you the absolute best that you can get for a given vehicle. Not to mention both those examples had less than 10k miles and were absolutely flawless. I just used that to illustrate what the Vette is capable of.

i can vouch for that i repoed a 91 zr1 and it does have a insane redline. its the only car i have ever driven where i thought i was going to kill myself