Would you buy a 25-year old Corvette ZR-1 with 26 miles on the clock?
This looks like a wonderful financial accident waiting to happen
In 1986, General Motors acquired Lotus Group and they immediately gave the British brand something to do to help them develop the next Corvette. Lotus helped with the braking and steering system and the V8 engine and three years later, in 1989, Chevrolet unveiled the C4 ZR-1, the first (of four) Corvette to bear the ZR-1 name.
The 32-valve LT5 V8 that Lotus and Chevrolet came up with was so complicated that GM had to seek help from Mercury Marine, a company that builds boat engines, to make the engine usable in the car. It all sounds a bit weird today, doesn't it? Anyway, the 375-hp car finally went on sale and the ZR-1 looked a lot more aggressive (=better) than the standard C4. It had a wider rear end, a new rear fascia, and it also had a removable roof panel.
The engine was upgraded a few years later, it was given more power and more torque, 405 hp and 385 lb-ft respectively, with a 6-speed manual. When production came to an end in 1995 with a total of 6,939 units built, 448 of which were built for its last model year, including the car you see here.
This 1995 ZR-1 somehow managed to rack up only 26 miles in 25 years. It was acquired in 2012 by the same dealer that's currently selling the car and it sat untouched in an air-conditioned room pretty much its entire life. It was recently listed for sale on Bring a Trailer but the $45,250 bid wasn't enough to conclude the sale, I'm assuming there was a reserve price which wasn't met, and that means that it's probably going to listed again.
In car terms, 25 years is an eon and the fact that this 'Vette is fundamentally new actually makes it worse. It means it's unproven, it means it can all go wrong. So the question is, are you willing to take the risk?