Just Cars Blog: corvette

19 years of storing a ZR1 and not driving it... it had 60 miles on the odometer, was proven to be a mistake at the May 13th Mecum auction, when the latest investor/owner auctioned it off and got zero profit. They should have just driven it home and finally enjoyed the car they been storing. For 19 years. 19 years of hoping to profit from it, and they sold it for $64,800. They paid at least the $68,000 that Chevrolet asked for it.
So, if storage is a factor, and time is worth money... and that sure had to be a gut punch to discover that they'd either sold too soon and not kept it until the value went higher... or realized that it never will, because a new Corvette is only worth about 60 thou, and a 20 year old one isn't going to draw the same money as a better one that's new and doesn't need new rubber hoses and what not to be driveable but not as competitive, but looks about the same.