1000+ HP, anyone?

[72c20customcamper]

Originally Posted by weq92f

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I think what may be overlooked is that during 60s and 70s muscle car era, the cars being produced and sold to Joe Blow were far more pedestrian than today's super cars, high end models of production vehicles, special built machines or those that are sold to the public from manufacturers as race cars or track ready. The main difference between today and back then is that for someone to purchase a 700 or 1000 HP machine, the cash outlay or liability is absolutely enormous. Typically Joe Blow, your regular family man or student couldn't possibly afford to get their but in the seat of one of these scary fast, over powered vehicles without knowing what's on the line (say he rents an exotic in Vegas for a day and has to read the fine print).

If a guy does purchase a new ZR1 for example, his insurance rates are going to be in line with what it would cost to repair/replace that vehicle. Think very large premiums on a vehicle that MSRPs between 130k and 150k.

Plus...the insurance agencies are today much different with way more expensive policies being written and the majority of those are total daily driver/beaters.

I think it's just a different animal altogether.


-Kevin

Actually Corvettes aren’t all that expensive to insure . It’s all about risk . When I had an insurance agency people were shocked when their new little civic was twice the price of their Camaro or other similar car like a Camry . But at the time the civic was the car for ricers who weren’t all that good at driving . And were involved in more accidents per 100k vehicles

And you can get classic insurance on a new vette since I reality people don’t buy them as a primary driver . A lot if the downsizing of HP in the 70s was more because of the lack of gas and the new emissions standards . I work in a gas station during both gas shortages in the 70s . Nobody wanted a muscle car when high test was 50 cents a gallon at least for an everyday vehicle . Now you can 700 plus HP and full emissions control and get high 20 to 30 mpg