For Sale at Auction: 1992 Chevrolet Corvette ZR1 in Waxahachie, Texas

1992 Chevrolet Corvette ZR1 Coupe
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Designer: Jerry Palmer
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Estimate: $8,000 - $20,000 Without Reserve
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Chassis Number: 1G1YZ23J4N5800263
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Decoded: 1=USA; G=GM; 1=Chevrolet; Y=Corvette; Z=ZR1; 23=2-dr Coupe; J=LT5 5.7L V8; 4=Check digit; N=1992; 8=ZR1; 00263=263rd ZR1 scheduled for assembly.
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Engine: 5.7 Liter LT5 OHC V8
Tuned Port Injection/375 bhp
6-Speed Manual Transmission
Power Assisted Four Wheel Hydraulic Drum Brakes
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Odometer: 79,980 miles
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Factory ZR1
LT5 32V Lotus Design Engine
Number Matching
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The Model -When the ZR1 was released, it was the "must have" car of the early 1990's. While a standard Corvette coupe with the respectable Chevrolet developed 5.7L V8 was a decent performance car, the ZR1's Lotus designed LT5 5.7L V8 was from a whole different planet. Produced outside the realm of GM by Mercury Marine in Stillwater, Oklahoma, these power plants were in very limited numbers, and they were expensive too. With an advertised MSRP of $33,635, the base Corvette was one of America's more expensive new cars. The ZR1 option nearly doubled that price adding $31,683 to the bill. Due to limited production, these cars were often sold at a premium with some dealers tacking on another $15,000. A large portion of the buyers of these supercars felt these were investment grade vehicles, salting them away and hoping for big returns. But there were some who felt that GM had produced these cars for financial gains of those lucky enough to get one, but to create a legend on the road. Some of these ZR1s were driven and enjoyed and used for the real purpose of their existence, to tear up the road and give Corvette the respect it so rightly deserved for creating a super-machine.

The Car - The Pure White ZR1 we are offering is one of those cars that has been put through its paces. Showing just under 80,000 miles, it isn't hard to pick out a few imperfections on this coupe. While this car has been driven and does show ample wear and tear, this is a rare opportunity to own a ultra-high performance vehicle that can be driven, enjoyed, restored or a restomod donor. One would hate to take a well preserved original and go racing with it, but this car it ready to rock and roll. For the builder, imagine your next creation based on a genuine verified ZR1. Or for the first-time Corvette buyer, this genuine ZR1 would be a great experience on how to drive and maintain a supercar. This example is almost like having a clean-sheet to start with where the only limits are one's imagination.