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OK, So I see this car is on the list as may be desirable/rare. My question is does being a Marlboro car really add to the value or is it just another Z28 Convertible. It has 37,000 miles and is in great shap. There is a little rubbing on the bottom the nose and one small little ding below the door handle on the passenger side and the back window is a bit faded. Other than that the car is awsome.
What kind of value would this car hold?
Oh by the way, I made a typo on the Thread Title, bnut cant figure out how to edit it. Its a 1991 according to the title.
Last edited by Badley; 01-20-2010 at 01:22 PM.
Reason: typo
Read below thread - really seems to NOT be anything special over any other 3rd gen - at least in the eyes of the folks here. No special options or anything, just 50 cars that Phillip Morris bought, slapped a few extra stickers on, and gave away in a contest.
But there's a sucker born every minute - you may could flip it as a rare car to someone not familiar, and there are folks in the world that are die-hard advertising collectors that will pay a premium for anything with certain logos on them:
So what value does a good looking, soild, low mile 1991 convertible z28 have? Forget the marlboro badges. Lookin to trade it, or sell it and get a 16 yr old something to drive. My idea of cool is not the same as the modern day 16 year old. And I thought my coolness was timeless!
Given your description (sounds like it's in good shape), probably worth a fair 3rd gen price - check kbb.com - then make an offer based slightly lower than trade-in value, and see if the seller bites - you never know.
And just make the 16 year old drive it. If he doesn't like it, he can walk like mine do, right? I've got a 22 year old, a 21 year old, a 17 year old, and a 15 year old and a 14 year old - and they'd all cut off a nut (all boys) for a chance to drive my 1992 RS! When I was 16, my dad gave me an old beat up rust bucket 1972 Toy Corolla - it was never cool, but it was wheels. Beggars can't be choosy - if dad is willing to buy a car, son/daughter should appreciate whatever he/she gets.
Rice-Burners and 'Fast/Furious' is a fad at the end of it's road. No matter how fast a turbo can go, it'll never 'out-cool' a big-a$$ blower! The coolness of a 3rd gen never dates out - teach that child some respect and manners!
Better idea ... buy the 3rd gen, park it, and get the kid a Yugo. After 2 weeks of driving the Yugo, he/she will get a job and PAY YOU just to rent the 3rd gen for date night!
I'd price it based on the make, model, mileage, and condition. I wouldn't add any bonus for Marlboro. There's no way to give an accurate estimate with the little information that's been given. At the very least, I'd want to see several pictures of the car. Even then pics can hide a ton of flaws. If it's truly an exceptional car, then the price could be exceptional. The description isn't specific enough to know if it's a $2k car or a $10k car or more.
Ill snap some pics this evening.... The car is as origional. No rust, not body damage other than i listed above. Its been setting in a garage for most of its life. I would rate it as "as good as they come" represenative of this generation of camaro. Like I said ill post pics soon.
Oh by the way, this car was given to the 16yr old from her uncle who has had it for some time. He didnt tell her what he paid for it, so we dont really have a starting point for a value. That is why i am asking. To me most 3rd generations are worth about 3000 to 4000. But this car is in unbelivable shape. But its still just a 3rd gen. So I figured I would come to a fourm that appreciates this type of car more than me to get a rough estimate of the value of the car.
Here's what I think... You've got a fairly desirable car because it's a two year only body style, easily the most expensive version of that car for that year (1991 Z28 convertible), it's the highest performance version of that specific car, and it's in good condition. Add onto it the somewhat unusual Marlboro package and I think you can treat it like a 92 Z convertible with the Heritage package. True 92 is the last year, and the heritage package is commemorative, but it's mostly stickers and a couple badges which also is what makes this car unique. This is important because it raises the car above simply being a used car. The mileage and condition alone could do the same thing, but combined it's pretty clear. You've got some collector bait.
NADA lists the collector value of a clean 92 Z convertible with the heritage package at a low retail value of $7,675, average retail $11,000, and high retail of $16,400. Now the kicker is that NADA usually comes out high. You're not a dealer, we're in a recession, and the reality is that even in ideal economic conditions, it's not as easy as rolling off a log to find a buyer for a car like this. Rest assured, it's a niche market car, and you're going to search a long time to find a serious buyer if you put a $15k price tag in the window. This also assumes that the car is in excellent exceptional condition. The photos don't show that it is, but more importantly they don't show that it isn't. By excellent/exceptional condition I mean the underside should look almost as good as the top, the engine compartment should be clean enough to eat off of, the carpet should be the same color everywhere, with no visible wear, etc. There shouldn't be a visible flaw anywhere.
The flip side of the coin is that the NADA used car value for a 91 Z28 convertible maxes out at under $6,000. Put a 16 year old girl behind the wheel and send her off to school and work in that car for 6 months and I guarantee it won't be worth the $3,000 rough trade in value. To be honest if you were to trade the car into a dealer, they probably wouldn't give you that much in it's current condition simply because they're in the business to make money. They'll offer you peanuts, and then detail the car and put it in their show room until a big-fish with deep wallets pays them the NADA collector value.
So there you go, that's the good and the bad as I see it. Personally I'd try to find someone who can appreciate the car and hope for a fair value. You might consider having the car professionaly appraised, for insurance and sale purposes. Obviously a lot of flaws can be hidden in photos. If I had the cash and a trailer, I'd give you $3,000 for it in a heartbeat.
Edit: If you want to sell it, and have a price in mind, send me a PM. I might know someone who would be interested.
Drew, I already offered him $4k. You can't go backwards and expect him to accept your offer!!!
Good luck if you decide to sell, and I agree with Drew on his assessment. I'm not so sure that I would agree with the value increase that compares it with a 92 Heritage, but then again, the Heritage isn't really worth the value NADA puts on it. The Heritage Edition was only a $178 option for decals and additional paint whereas the Marlboro is only a decal. It is definately worth more than book value though based on market values.
I think the valuie lies in a number of things with this car. Low miles, perfect interior, Z28 and vert. Im a hard top guy myself. But i dont think your gonna find to many more 3rd generations in better shape than this one.
Once you drive a thirdgen convertible, the T-tops really seem silly. All those leaks, and rattles, the goofy vinyl storage bag, and the sun beating down on you through the glass frying you like an ant on the wrong side of a magnifying glass, all so you can look like Cletus the trailer park dweller... No thanks.
The convertibles are where it's at, if you want an open ride. Otherwise stick to a hardtop.
There is a part of me that agrees with Drew, on the one hand I never take off my T-tops, I have made custom shades that cover me, and I painted the top side Silver to reflect the heat (yes it made a HUGE difference having the top of the cover Silver over black) T-tops stowage is a big hassle, However I think they look killer on the car, yes I prefer the looks of the tops ON the car better than off... I have no idea why.
A vert on the other hand is nice, it really like the looks of the car with the top down, nothing looks better, or more suited to the design ever IMHO than a 3rd gen ASC vert, its clean, attractive and if its too hot, put it up and get out of the sun... Interestingly I am not a sun worshiper, so actually I like having the top down in the cool of the morning, or the cool of the evening...
John
__________________ 87 FORMULA - 5.1 LB9/A4 T-tops 3.73 Modified (Yellow/Black)
87 FORMULA - 5.0 LB9/M5 T-tops 3.45 (Yellow/Gray)
89 FORMULA 350 - CONVERTIBLE 3.27 All original (Red/Gray) www.3rdgenformula.com
I guess to each his own; My preference is TTop all the way as one of my favorite angles of the thirdgen is the side profile, seeing the roof line go from windshield all the way back to the rear spoiler.... woot!
Ideally, I wish I had one of each (hard, T-top, vert). That way, I could spend summer after summer driving all three and trying to decide. What a hell of a problem that would be!