labrat

Check out this 87 camaro convertible on Ebay. Is it an LT? It's got the black head lamp pockets, aluminum wheels, and (I think) fog lamps.


http://cgi.ebay.com/ebaymotors/ws/eB...tem=1844534916

kizz

iTrader: (1)

According to this other thread titled "Convertible Berlinetta" there's just one 87 LT vert known, so if that's true, and I don't know how to verify if is, then this car would be worth a small fortune if it was the one.

labrat

Willie is the 87 convertible master, and he's stated that only one LT has been verified by him, that doesn't mean that there weren't more made. This definetly looks like an LT. Make that two known to exist. Still extremely rare, also appears to have the top option level.

Guest

Theres one similar (actually, identical) to that where I went to school. I never did take a pic or get the VIN or anything, even though I should have.

marineengineer

Checked out the VIN#. The VIN# sayes it's a 1987 Camaro Convertible. If Wille doesn't have this one in his Reqistra, that will make 13 1987 Convertibles for his list. I somebody could let Willie know, he may be able to contact the 'Present Owner' to get the car documented. Also, it worth about $16,000 according to the NADA Book Value if it's in premmo condition. The highest bid is $2200.00. Check your check books boys. I would bid, but I have an 87 Vert Z-28(#11 on ******* list):lala:

labrat

I agree, the car is worth more than where the bidding is at. I'd like to bid on it myself, but i'm not in a position to own more than one Camaro right now. I thought that light blue 87 SC vert, that was on ebay a few months back, was worth more than $5,000, it was a no sale. These are good deals on low production cars!

I'm assuming Willie has checked my post so he should know about the car.

Willie

iTrader: (1)

Guys,

If you could see me now, you'd know I'm drooling.... That there is one original 1987 LT convertible. This is only the second one that has been verified to exist... I haven't posted this earlier simply because I wanted to talk to the owner before I did so. It's genuine!!!!

It has the optional LT wheels, which were previously used (in gold) on Berlinettas. This wheel in silver was for this car exclusively (LT coupe and convertible) and for this year only.

It also has Option Package #4, which included the fog lamps. The fog lamps were not available on the Sport Coupe, only in this option package which was for LT's exclusively. This package contains all options, including a power driver's seat.

There is a reserve on this car, but I will not divulge this information so to protect the owner. I truly hope the owner does not sell the car as it is EXTREMELY rare (by production numbers):

263 Sport Coupes (Including LT)
744 Z28s (Including IROC-Z)

or a total of 1007 "20th Anniversary Commemorative Edition" Camaros out of a total of 137,760 units produced.

Sport Coupe:
I have located SIX in ten years.

LT:
This is only the second.

Z28:
I have located TWELVE. Only two with the most desirable TPI / 5-speed.

IROC-Z:
I stopped counting at 100...

I have informed the owner of this car about this website. Truly, I hope he reconsiders selling this car because of its extreme rarity. To confirm this, all one needs to do is go to

http://www.nadaguides.com

and click on Classic Cars. Only the 1987 Camaro convertibles are listed under this heading (all other third gen convertibles are listed under "Used Cars"). Look at the high-end values of all four:

Sport Coupe: $8,300
Sport Coupe w/LT: N/A!!!!
Z28: $16,100
Z28 w/IROC-Z: $11,300

This tells the story. There are basically ZERO LT's out there for NADA to place a value on. That's how rare it is. I'd buy this car in a heartbeat. It would become a sister car to my red/black 1987 Z28 convertible!! But I cannot afford to have TWO cars that I should never been driven on a daily basis....

labrat

Willie, thanks for the reply.

I am in total agreement. The owner should keep the car. It will only go up in value. It is an outstanding buy right now. I 'm in the same boat you are, can't have two cars that basically sit in the garage most of the time. Even though the one I have now isn't that rare.

92GTA

iTrader: (11)

Alright, I agree that it is a rare car but come on, that's got to be the ugliest 3rdgen Camaro every made. I admit that it maybe worth a decent chunk of change because it is rare but I would never own a car that ugly. Now if were an IROC or something with the not so butt ugly front end and some gfx it would be sweet and I would own it but then it wouldn't of course be that car anymore. That's just a dammed ugly car.....

Jason E

Oh hush up and go mod your rare '91 TA so much you twist the chassis at the track

Sorry, just been waiting for the appropriate time to bust on ya for modding that TA

Jason E

I just looked at this car, and I sincerely hope someone decent gets it. This car deserves a nice home. Once again, a sweet looking car comes along I'd love to have, and once again I gotta put school bills first.

But I ask, what is more important...potentially 1 of 2 third gens ever made, or an MBA? Tough choice

labrat

Well the car is a no sale. The bidders didn't know the potential value. The wife said I could buy it if I wanted but i would have had to sell the Iroc , ain't happening

JRNKLJB

Even though there were fewer of them made, in the long run a 1987 Z28 Convertible will not be worth what a 1987 IROC-Z28 Convertible is ALL ELSE EQUAL. There is a reason that more people ordered the IROC option than the Z28 without it in 1987. I was one of those people and, after seeing the articles and photos in Automotive Engineering, Wards Auto World and other technical publications in late '86 early '87, there was no way I was going into my Chevy dealer and walking out half-pregnant with a Z28 non-IROC on order. This is also the reason that Chevy dropped the non-IROC Z28 in '88 and it is the reason people put IROC wheels, decals and ground effects on their Z28s. To many buyers the IROC was just plain better looking.

Nada is just one piece of information that must be processed when valuing cars. Why were '69 Rivieras worth more than '68s for years when they are virtually identical and their production numbers were similar? Why does Nada ask for options on the old Rivieras like 400, 6 cylinder or 4 cylinder when no such options ever existed? How many '57 T-Birds are selling for $60,000 plus in Hemmings Motor News (other than the F engine option), even in "Number One" condition (I know one man's definition of number 1 fully restored is a mediocre re-spray to another man).

Since there were more IROC optioned than non-IROC optioned '87 Z28 Convertibles, there are/were more of them that were thrashed. This may have contributed to the NADA values of $11,300 and $16,100 for the IROC v. non-IROC Z28 convertibles, respectively, in July of 2002. These numbers are now $12,200 and $14,200 (The gap has narrowed $2,800 in 8 months).

Keep watching.

kizz

iTrader: (1)

A more accurate way to put it it that the potential customer base / fan base of an LT vert is far smaller than an Iroc Vert or Z28 vert. But that doesn't say anything about the car's value. It just says that less people are specifically looking for it over another model, but to those few people, it's still worth serious money. It's like saying that a million people out there would pay $10K for a brand new iroc vert, while only 500 people would pay $10K for a brand new LT vert. $10K is $10K no matter how you cut it.

I should know because my 82 Recaro is another very similar case. Today if you had an 82 black&gold T/A and an 82 Recaro T/A next to each other in identical condition, 99% of the time you'd be hard pressed to get $300 more for the Recaro, even though it was a low 2% production option that cost $3000 more back then on an under-$10K car. But then a freak like me comes along and pays 200% or 300% for the Recaro over the other one.

NADA is absolutely useless for rare and frankly undesirable cars like an 87 LT or an 82 Recaro. That is.. undesirable to the vast vast majority.. but never underestimate the silent minority. NADA or KBB or whoever.. they simply cannot calculate what these few people will pay in the open market, if for no other reason than not being able to track them down and ask them.

It's the same with this 'vert LT. I mean come on.. ONE-year model? TWO cars known to exist!? Jeez. I'd take that thing over any year Iroc, just for rarity and uniqueness. Don't get me wrong, Iroc's are awesome, but it's not always about horsepower.

gt

labrat

Being the original poster, I have to respond.

If you read the posts carefully you will note that nobody ever compaired the potential value of this car vs. an Iroc.

We only stated that the price was low for a car for which not many were made, and that the car needed to be preserved and not used up.

Most people will consider an 87 Iroc vert to be more valuable, but we are not most people.

The engine in that 87 LT makes almost as much horsepower as the majority of 87 Iroc vert's made, just thought I'd through that in

iroc22

Sure it's rare. But desiriable to 99% of the public. Nope.

To us (the other 1%) yes. He'd have to search for a collector that has somewhat of an interest in F-Bodies to get a decent price for that car.

rodgerunner

I agree that the market is so narrow for a car like this, that it would be difficult to get what it's truly worth. I own an 87 Z-28 Vert and also an 87 IROC-Z Vert. To me, the IROC is much better looking and much more marketable. Won't even attempt to compare these to the LT. Give me your vote; Z or IROC.

Jim85IROC

iTrader: (2)

Without a shadow of a doubt I think the IROC convertable is a better looking car than the Z28 convertable, but my personal opinion is that the overwhelming rarity of the Z28 will continue to keep its value above the IROC. Because there are so few of them, I don't even think that the NADA guide can be trusted as an accurate price indicator. This is a rare enough car that there will ALWAYS be buyers lined up for the chance to own it.

kizz

iTrader: (1)

sorry for the mixup. my reply was mostly to JRNKLJB.

but yeah as far as looks, the 85-87 Iroc is probably the best looking thirdgen camaro out there at least in my eyes. Still, if I had to choose between an LT vert and an Iroc vert, it would be a tough choice.. I'd probably end up going with the LT. That's just me though.

1984-Firebird-SC

Wow. Old thread (no wonder the eBay link didn't work)...

Does anyone have any pics of this super-rare vert to show those who missed the thread initially?

Air_Adam

Hmm... Z28 conv. or IROC conv....

I'd have to say i like the Z28's style more, less flashy than the IROC, but still bad *** looking.

But, then again, i'm biast because i have a Z28 and not an IROC

kizz

iTrader: (1)

unfortunately at the time I did not save the pics. I'd bet Willie has 'em. I wouldn't mind seeing that car again myself.