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89 Formula 350 Convertible

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Old 03-26-2015, 09:38 AM
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89 Formula 350 Convertible

Anyone looking for a unique car? Well here is your chance... I believe this is might be the lowest miles Formula 350 convertible out there. with only 12,700 miles.

For miles here is what I have.
2 cars I do not have any information, I need a carfax and autocheck on them, and I am to cheep to get them right now.

four cars had the last mileage recorded in 1989, they are 10, 15 & 18, and 1,104 miles.

Here are the rest
12,700 - The car in the ad below
24,619 - (Car was salvaged in Phoenix AZ 1997)
36,000 - My car
39,670 - Car has been verified

So if you really want something that is unique... Here ya go.


http://classiccars.com/listings/view...ick-ohio-43004



3-27-15 Edit: added 2nd pic




Attached Thumbnails 89 Formula 350 Convertible-untitled-4.jpg   89 Formula 350 Convertible-untitled-5.jpg   89 Formula 350 Convertible-untitled-6.jpg   89 Formula 350 Convertible-236127-7.jpg  

Last edited by okfoz; 03-27-2015 at 07:11 AM.
Old 03-26-2015, 10:45 AM
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Re: 89 Formula 350 Convertible

You NEED that John! Name:  woot.gif
Views: 280
Size:  5.3 KB

Put the yellow one in the middle and have red bookends!!
Old 03-26-2015, 11:19 AM
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Re: 89 Formula 350 Convertible

She's a beauty!!
Old 03-26-2015, 11:23 AM
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Re: 89 Formula 350 Convertible

Dang, values are def going up. Wonder what my clunker is or will be worth..
Old 03-26-2015, 01:22 PM
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Re: 89 Formula 350 Convertible

I have 2 yellow bookends

This is the first Formula 350 for sale I have seen in a while... I see quite a few GTAs There is actually one in AZ that is on ebay now... If the GTA had the original seats it would help.
Old 03-26-2015, 01:31 PM
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Re: 89 Formula 350 Convertible

"I have 2 yellow bookends"

That works too!
Old 03-26-2015, 02:00 PM
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Re: 89 Formula 350 Convertible

Originally Posted by Bob88GTA
"I have 2 yellow bookends"

That works too!
Actually... I seem to like Red, yellow and blue Firebirds

Yellow - 87 - LB9/A4/CC1
Yellow - 87 - LB9/M5
Yellow - 87 - LB9/M5/CC1
Red - 89 Formula 350 Convertible
Red - 83 Trans Am (more for parts)
Red - 91 Firebird (more for parts, but I have not picked anything from it)
Maui Blue - 91 Formula (Sold it to make room for the 87 LB9/M5/CC1)
Blue Met - 87 Formula 350 (Sold it to make room for the 89 convertible)

So really I could go several different directions...

John
Old 03-26-2015, 02:15 PM
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Re: 89 Formula 350 Convertible

Big engine + convertible + low mileage = blue chip collectible.




Price feels high right now, but gut feeling is it's worth it. Too bad it's a dealer, this type of car would be expected to be private sale.
Old 03-26-2015, 02:29 PM
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Re: 89 Formula 350 Convertible

Originally Posted by eseibel67
Big engine + convertible + low mileage = blue chip collectible.




Price feels high right now, but gut feeling is it's worth it. Too bad it's a dealer, this type of car would be expected to be private sale.
I believe it is a private individual selling it... did not spot a dealer name... I have the owners name (which I will not release due to privacy) but he had it for sale about 4-5 years ago in the low 30,000 range. For what it is, being the lowest miles one I am aware of, it is really something for someone that want's to have as close to a museum piece as possible at this point... And the pictures make it look fantastic, I wish mine was that nice looking.

John
Old 03-26-2015, 05:18 PM
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Re: 89 Formula 350 Convertible

That's a nice car...
Old 03-26-2015, 07:05 PM
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Re: 89 Formula 350 Convertible

Damn!
Old 03-26-2015, 08:04 PM
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Re: 89 Formula 350 Convertible

It's condition vs the condition of mine makes me a bit Jelly!
Old 03-26-2015, 10:15 PM
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Re: 89 Formula 350 Convertible

"Lifetime warranty on injectors" NOW it's worth it!
Old 03-27-2015, 07:19 AM
  #14  
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Transmission: 700R4, M5
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Re: 89 Formula 350 Convertible

Originally Posted by TTOP350
It's condition vs the condition of mine makes me a bit Jelly!
Actually I believe that is Envy or more accurately covetous, not Jealousy you are feeling right now my friend... There is a slight difference between each of them...

In Psychology they are each a bit different...
To Covet means you desire something that someone else has
To Envy means you do not believe the other person deserves it as much as you do.
To be Jealous means you literally fear the loss of something to someone or something else...

*it takes 3 people to be jealous, in comparison Envy and covet, you only need 2*

However in today's lexicon we seem to use Envy and Jealousy interchangeably even though they are different.

Sorry for the tangent

Edit: I suppose if you feel that your Convertible will love that convertible more because it is prettier than you, then you could feel jealousy...

Last edited by okfoz; 03-27-2015 at 07:23 AM.
Old 03-27-2015, 07:39 AM
  #15  
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Location: Doghouse ······································ Car: 1989 Formula 350 Vert Engine: 350 L98 Transmission: 700R4 Axle/Gears: B&W 3.27
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Received 163 Likes on 118 Posts
Car: 87 Formula T-Top, 87 Formula HT
Engine: 5.1L TPI, 5.0L TPI
Transmission: 700R4, M5
Axle/Gears: Sag 3.73, B&W 3.45
Re: 89 Formula 350 Convertible

http://www.ebay.com/itm/261826522660?item=261826522660&lgeo=1&vectorid=229466&rmvSB=true
88 GTA LB9/A4 19K It can be yours for $33,950

Personally I would take the Formula 350, call me crazy
Old 03-27-2015, 08:30 AM
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Re: 89 Formula 350 Convertible

Originally Posted by okfoz
Actually I believe that is Envy or more accurately covetous, not Jealousy you are feeling right now my friend... There is a slight difference between each of them...

In Psychology they are each a bit different...
To Covet means you desire something that someone else has
To Envy means you do not believe the other person deserves it as much as you do.
To be Jealous means you literally fear the loss of something to someone or something else...

*it takes 3 people to be jealous, in comparison Envy and covet, you only need 2*

However in today's lexicon we seem to use Envy and Jealousy interchangeably even though they are different.

Sorry for the tangent

Edit: I suppose if you feel that your Convertible will love that convertible more because it is prettier than you, then you could feel jealousy...
Ouch, you used big words and now my head hurts... and so do my feels
Old 03-27-2015, 09:10 AM
  #17  
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Join Date: Mar 2001
Location: Doghouse ······································ Car: 1989 Formula 350 Vert Engine: 350 L98 Transmission: 700R4 Axle/Gears: B&W 3.27
Posts: 14,235
Received 163 Likes on 118 Posts
Car: 87 Formula T-Top, 87 Formula HT
Engine: 5.1L TPI, 5.0L TPI
Transmission: 700R4, M5
Axle/Gears: Sag 3.73, B&W 3.45
Re: 89 Formula 350 Convertible

Originally Posted by TTOP350
Ouch, you used big words and now my head hurts... and so do my feels
I guess I am right there with you... I wish mine was that nice too...
Old 03-27-2015, 12:45 PM
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Re: 89 Formula 350 Convertible

That's a lot of cash.

Last edited by 82tarecaro; 03-27-2015 at 12:56 PM.
Old 03-27-2015, 01:32 PM
  #19  
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Location: Doghouse ······································ Car: 1989 Formula 350 Vert Engine: 350 L98 Transmission: 700R4 Axle/Gears: B&W 3.27
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Car: 87 Formula T-Top, 87 Formula HT
Engine: 5.1L TPI, 5.0L TPI
Transmission: 700R4, M5
Axle/Gears: Sag 3.73, B&W 3.45
Re: 89 Formula 350 Convertible

It is.. But at the same time, it is one of those cars that
1) is more rare than the beloved 1LE (how many hundred 1LE cars are out there)
2) Is more rare than the run of the mill TTA
3) Has the 350 (same as the 1LE)
4) It is a Convertible, although technically it does not have the convertible VIN, it is the same as a Factory Camaro Convertible, so finding parts is not difficult (which is a problem for other convertible conversions like Hi-Line, Matrix 3, or several other conversions)

5) Fun factor... My convertible is probably the most fun to drive out of all of my cars. Nothing like putting the top down...

The car is red, which to some is a turn off, but for the most part the perfect color for a sporty RWD car

Most people do not think the 1LE that sold for $30+ was worth it, or the Yellow IROC that was as high as $30K+ was worth it either... it is a lot of coin, no doubt about it. BUT if you want the lowest miles one out there that I am aware of (I know of 41 of the 43 known (might be 2-5 more but I doubt it))

I personally do not have the extra funds right now, even if I did, I have one, even moreso I really do not have the room for another...

Pure and simple it is the fastest 3rd gen "convertible" you would ever find with the exception of the 2 TTA convertibles and lone Firehawk convertible...

John
Old 03-27-2015, 04:10 PM
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Re: 89 Formula 350 Convertible

How many TPI 5spds did they build John?

ASC Letter says 10 350 Formula Convertibles Built - what's the actual production # here?


Last edited by PurelyPMD; 03-28-2015 at 08:18 AM.
Old 03-30-2015, 07:54 AM
  #21  
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Location: Doghouse ······································ Car: 1989 Formula 350 Vert Engine: 350 L98 Transmission: 700R4 Axle/Gears: B&W 3.27
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Received 163 Likes on 118 Posts
Car: 87 Formula T-Top, 87 Formula HT
Engine: 5.1L TPI, 5.0L TPI
Transmission: 700R4, M5
Axle/Gears: Sag 3.73, B&W 3.45
Re: 89 Formula 350 Convertible

PMD, I will give you my best answer...

From the 37 of the 173 1987 Convertibles I have Verified, I know of 1, just 1... And it was actually made into a Tojan... There was also one LB9/A4 Formula.. I know of no other LB9/MM5 Cars in 1987...

From the 17 of the 104 1988 Convertibles I have verified, I know of 0, not a single Formula LB9/MM5... There was 1 GTA, and 1 Trans AM however with the combo.

1989, is not much better, With the introduction of the 350, there was only 9 GTA or Trans Am convertibles with the LB9, and the only one I have record of has the auto... And of the 16 known Formula LB9 convertibles I have record of 1, and it has an Auto...

So needless to say the LB9/M5 in a convertible would be ultra rare...

As for the production on the Formula 350... Let me say firstly, that 10 is wrong, dead wrong, I have verified 15... So unfortunately the letter is worthless. The actual number according to the dealer order logs is actually 43, there was one car that moved into the GTA list because 2 numbers had been transposed... 6 of those 43 have a salvage title (when I did my research 5 years ago)... 2 Had a blue top (one remains), 4 had a tan top, and only 3 remain. The remainder have a Black top.

As for the 50 number that likes to circulate around the internet on the GTA/TA 350 convertibles the number is actually 143, I know of 40...

It somewhat fluctuates as I have found errors in the data that I had to correct but right now I have not found any more uncorrected errors...

Keep in mind that of the 330 reported convertibles by ASC... 4 there is no record of, 10 all went to one place "Physician's Auto Leasing" and none of them come back with any record in the US or Europe... And my list only had 124, One other was found that was not on the list, so I am missing 5 VINS...

Hope that helps

Last edited by okfoz; 03-30-2015 at 08:04 AM. Reason: Had to edit, I was using the wrong spreadsheet.
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