Quote:
Originally Posted by Unreal
ZR1 values are tanking. You can get one for mid 60s or less now. Corvettes don't' hold value at all. Give them 4-5 years and they are 50-60% of original price.
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That is because the cost of the car new is so high. 50% of the value new is still an expensive used car, that the average Joe just cannot usually swing. Therefore they will remain exclusive. I am seeing 2007 Corvettes going in the mid 30s on used car lots. That is pretty expensive even at half the price of new.