View Single Post
Old 12-18-2008, 05:46 PM   #16
Legend
Hello!
 
Legend's Avatar
 
Drives: 2008 JSB Z06!
Join Date: Oct 2008
Location: Texas
Posts: 2,624
Quote:
Originally Posted by littlecammi View Post
No it doesn't. The first one is always grotesquely overpriced when purchased by some billionaire at Barrett-Jackson. The first ZR-1 selling for a million dollars certainly did not have any effect on the market price of other ZR-1s.
Quote:
Originally Posted by KatarHol View Post
Nope. The 1st Shelby GT was sold for 600,000 dollars and you can currently get a used one for about 23K. It's the charity attached to the car that people are bidding all this money for,not so much the car. The ZR1 was for the United Way. I think the Camaro will go for 200-300K.
OK guys (or gals)...I said...can set...meaning if it goes for a crazy number then the fair market value will be higher.

I didn't mean it would set it at what ever it goes for...simply meaning based on past cars like you've both have mentioned, it will increase the fair market value.

No different the the ZR1 sitting at my dealer right now that has, and it's even on the sticker on the windshield, "FAIR MARKET VALUE ADDED: $40,000!

The car's MSRP is $116,000 and with the add on, the price is $156,000.

...or remember when the Shelby GT500 came out and they were going for $60K - $70K...people see the auction, realize it's a hot car and if willing to pay, people pay the price (the added market value).

Sorry...don't mean to rant but I don't think I said it will...(can set) is what I said...meaning it will go for more than MSRP and I think there is even proof here in a thread about dealers asking for more than MSRP.

~end rant~
Legend is offline   Reply With Quote