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[VIDEO] Barrett-Jackson Palm Beach 2010: 1990 Corvette ZR-1

by Keith Cornett on April 2, 2010

Barrett-Jackson Palm Beach 2010: 1990 Corvette ZR-1

The C4 version of the Corvette ZR-1 was nicknamed “The King of the Hill” for good reason. At a time when the standard Corvette’s horsepower was 245, the 1990 Corvette ZR-1 was powered by the new 375-horsepower LT-5 V8 which featured a 32-valve dual overhead cam. Looking back today, Corvette’s return to the world stage of sports car performance can be directly attributed to this special edition.

Corvette ZR-1s were produced from 1990 to 1995, and nearly half of the 6,939 ZR-1s were built in the first year of production. In 1990, 3,049 Corvette ZR-1 hit the market with an MRSP that approached $60,000, almost twice what the regular 1990 Corvettes were being sold for. Twenty years after the first ZR-1s rolled out of the Bowling Green Assembly Plant, they still command a premium price with #1 condition cars selling for as high as $35,000.

In fact, our Corvette Price Guide lists an average 1990 Corvette ZR-1′s value at $25,700. That’s why we were taken aback as we watched Lot # 74.1 cross the block on Day 1 of the Barrett-Jackson’s Collector Car Auction in Palm Beach and sell for $16,500. With 10% buyers commission, the total sales price was $18,150. We’re already calling this one of the best buys we’ve seen at an auction this year.

This 1990 Corvette ZR-1 is Black with Grey interior and has a 6-speed manual transmission. This ZR-1 was loaded with every available option including FX3 selective ride control, sport seats, electronic climate control, glass roof panel and a BOSE radio with CD. It’s documented with a Window Sticker, Build Sheet and the ZR-1 portfolio. Less than 37,500 original miles are reported to be on the odometer.


Source:
Barrett-Jackson Collector Car Auction
SPEED’s Barrett-Jackson Group

Related:
[VIDEO] Barrett-Jackson Palm Beach 2010: 2009 Competition Sport Corvette
Barrett-Jackson’s Palm Beach Corvette Auction Schedule

 

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