Vintage Muscle: ZR1 Corvette Auction Fails to Capture Value

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ZR1 Corvette
ZR1 Corvette

The ZR1 was really intense. When GM revealed it in December 2007, it was a road weapon with carbon fiber accents and a supercharged 6.2-liter LS9 V8 engine that could compete with German and Italian exotics of the day. By 2024 standards, the C6 ZR1 is still incredibly quick.

Considering today’s standards, how much would you pay for a 2009 ZR1 3ZR? Take this Velocity Yellow model with 7,000 miles, for example, which recently failed to sell at auction.

The owner, a dealer from Colorado, refused to sell it for the highest bid of $81,500. To put this in perspective, the Vette cost $119,860 when new, which would be about $175,000 adjusted for inflation in May 2024. It’s crazy, but it is what it is.

Looking at similar 2009 ZR1 models with low mileage, they still sell for over $100,000, meaning the owner expected much more than $81k probably something close to the cost of a base-spec 2024 Z06. No wonder the reserve price wasn’t met.

ZR1 Corvette
ZR1 Corvette (Corvette)

This Corvette, aside from its bright yellow exterior, features xenon headlights, an exposed carbon fiber roof, a clear engine cover, polished quad exhaust outlets, tinted taillights, and staggered-diameter wheels with Continental ExtremeContact Sport tires. It also includes Magnetic Ride Control, Brembo ceramic brakes, and blue calipers.

The interior has Ebony leather power-adjustable bucket seats, a color-coordinated dashboard, center console, and door panels. The 3ZR Premium Equipment Group adds heated seats, a power-adjustable steering column, a Bose sound system, and sat-nav.

Additional features include an Alcantara-wrapped steering wheel, keyless access, push-button start, a head-up display, cruise control, and dual-zone automatic climate control.

Performance-wise, the supercharged 6.2-liter V8 produces 638 horsepower and 604 lb-ft of torque, all directed to the rear wheels through a six-speed manual gearbox. It has 30 fewer horsepower than a modern-day Z06 but 144 lb-ft more torque.

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