Collectors listen up! Check out this ultra low mileage 1990 Corvette ZR-1 that is currently listed on eBay. No doubt this car was purchased as an investment as its been stored away for 25 years. With the plastic wrapping still on the seats and the window sticker still affixed to the windshield, the car has managed just 90 original miles in all those years.
The C4 Corvette ZR-1 is considered by many as the model that ushered the Corvette back into relevency. With a special dual overhead cam LT5 engine that put out 385 hp, the ZR-1 was built in relatively low numbers throughout its six year run with just 6,922 ZR-1s produced. The inaugural year of the ZR-1 produced the most cars with 3,032 made.
Like the 1978 Corvette Indy 500 Pace Car, the media excitement over the new Corvette ZR-1 sent investors flocking to Chevrolet dealerships where they put down over $60,000 in 1990 dollars with dreams that the Corvette would appreciate and offer a nice return on their investment. That price was nearly double the MSRP of the base 1990 Corvette which sold with prices starting at $31,979.
Well those investment dreams hardly ever come to fruition but on the plus side, all those stored away Corvettes have given collectors the opportunity to buy these cars with very low miles like our example here.
The auction for this Red/Red Corvette ZR-1 is light on details, but you know most of the important things which include the 5.7L LT5 V8 engine built by Mercury Marine. That engine is coupled to a 6-speed manual transmission and other options include leather seats, CD and Cassette player, power seats, windows and locks. The seller says the car is still in the wrapper. Literally brand new and garage kept at all times.
We saw a similar Corvette ZR-1 for sale on ebay at the beginning of the year. That Corvette ZR-1 was also a red 1990 model with just 127 miles and it sold for $36,200.
The current bid on the car as of Thursday at 12 Noon ET is $22,862 with the reserve price not yet met with 5 days still to go. The auction will close on Tuesday at 9:47 pm ET.
The Corvette ZR-1s are a great addition to any Corvette collection and with just 90 miles on the odometer, this is like buying a brand new Corvette.