When Chevrolet introduced the 1990 Corvette ZR-1 to the world at the Geneva Motor Show, a new chapter of Corvette performance was written. Nicknamed “King of the Hill”, the new supercar Corvette featured an aluminum dual overhead cam engine capable of 375 horsepower and could rip a 0-60 mph time in the 4s – pretty fast in those days. The auto media loved the new Corvette and it was featured on just about every car magazine cover in its day.
Buyer reaction to the C4 Corvette ZR-1 was also red-hot despite the nearly $30,000 upcharge over the base Corvette for the ZR-1 package. Like the 1978 Indy 500 Corvette Pace Car, intense speculation about the future collectibilty of the ZR-1 also drove many buyers to pluck down the $60,000 for the Corvette only to store it away for a future sale.
Chevrolet built 6,969 ZR-1s during its six year production starting in 1990 and ending in 1995. In addition to the Lotus-designed 5.7 liter LT5 V8, the ZR-1s were distinguishable by their wider stance and larger wheels, a unique rear fascia that had (gasp!) four nearly-square brake lights with a third brake light mounted on top of the rear hatch.
Today, collectors have recognized the value of the King of the Hill Corvette ZR-1 and despite the original hype, they rarely sell for anything close to their original MSRP.
For example, check out out the 1990 Corvette ZR-1 now listed on eBay.
Calling it a “time-capsule”, the Bright Red Corvette with black interior has just 127 miles on the odometer which the seller states is the lowest-mileage ZR-1 they’ve seen offered. We’re not sure if that’s the case, but 127 miles is insanely low for a car that was meant to be driven.
The ZR-1 listed on ebay comes equipped with a six-speed manual transmission, the Z51 performance handling package and dual removable roof panels.
As of Monday morning, bidding on the Corvette has reached $31,100 with the auction scheduled to close on Wednesday morning at 9:25 ET.