mantaguy

iTrader: (5)

Here's a friend of mine that couldn't get $16,000 for his 5300 miles Camaro,he started at $20,000 then lowered it to 16,000,put it on Craigs list or Ebay and got 15,000 for it,if I recall.https://www.thirdgen.org/forums/cama...-5-7-iroc.html
https://www.thirdgen.org/forums/album.php?albumid=7967

okfoz

I am surprised that 10-15 years ago people do not remember that the top that any 3rd gen Camaro would sell for was around $10K-$15K Heck I just missed out on a 1991 Firehawk for $22,000 (it was #2)...

Back then we would whine and cry that our cars were not worth that much... Fast forward to now and we whine and cry that cars are going for almost twice of what they were back when we were whining that they were not worth as much.

What is our problem?

RubberDucky

iTrader: (4)

I'm not complaining. I'm glad my car is worth almost what it was when it was new. Its good that the popularity of the 80's era of cars is increasing.

okfoz

Not throwing darts, but the truth is if you could buy a new 3rd gen it would be twice as expensive as it was in 1987. Inflation is not our friend, the only group it helps is the government, it is a means to increase taxes without the appearance of increasing taxes.

ray jr

iTrader: (2)

Wow ! I just realized this guy with the 86 iroc brought in 5,000 more that the guy with the 100 mile ile z28 at Barrett Jackson and almost as much as the 2800 mile turbo ta .. good job !!

ray jr

iTrader: (2)

thats because its a 1987 with a 5.7 , nobody wants those .. the 1986 iroc with the 190 horsepower 305 is where its at in this day and age ..

RubberDucky

iTrader: (4)

You are correct. My 81 AMG project was 70k new in 1980, that's something like 220k now.

scottmoyer

My car had a sticker price of over $21k in 1987. It's also fully loaded. If I double the price for $42k, it still doesn't equal what the new Camaros are selling for fully loaded. Now, I wish my car was following the lines of the GNX. It was a $30k car when new in 1987, and is valued at $90k+ today. So if I triple my car, like the GNX, I would be at $63k! I'm ok with that. I'm not selling it and don't plan on retiring off the value of the car, but it's always nice to know that something you own has value.

ray jr

iTrader: (2)

The problem is there not going for twice as much as ten years ago

eseibel67

If you want to compare $, you're getting a WHOLE lot more car in a loaded 2015 SS than you are in an IROC.


Can't get a T-top or the good looks of an IROC though.

ray jr

iTrader: (2)

i emailed gas monkey yesterday and asked him if the iroc was still for sale ... well today i got an email from him saying he still has it and wanted to know if i wanted to buy it .. lol

chazman

iTrader: (4)

Well......there ya go.......

PAFORM350

okfoz

You are so correct, the 2015 Camaro is faster, it has traction control, stability control, anti-lock brakes, and is hardly comparable to something that is 25 years old...

With that said, no one really knows how to drive any more. They rely so heavily upon technology that really I am not sure they would know how to drive if those functions broke. Furthermore, if you turn those things off, you would be so disappointed in the car, I know growing up I drive a RWD 1977 Buick Electra with a Buick 350, (My sister had the 403 in her 77 Riviera) in the snow every year. It was a big car, but it went through the snow just fine. You take my Tahoe, put it in 2WD, and turn off traction control and it is almost impossible to drive in the snow, and it is heavier...

I am sure technology has come a long way, and cars should be better in ever regard with the technology of computer design, but in all honesty take away some of these things that help you drive, and it is not as advanced as you would think. What it appears to be, is if a newer car has an issue, like going through snow, they throw traction control on it, or they just throw some new system to overcome the inadequacies of the design.

John

IROCgiraffe

iTrader: (3)

Spot on assessment. I feel these cars are as "organic" as you can get with limited electronics (i.e. fuel injection), where everything else on the vehicle is mechanical. The road feel these cars transmit is very rewarding.

I like the limited amount of electronics on these cars, but do hope that some company in the future can release an ABS conversion to be adapted to older vehicles.

mantaguy

iTrader: (5)

Is that so.

IROCgiraffe

iTrader: (3)

He being sarcastic.

mmadden55

Gas Monkey never seen it. Grease Monkey would be the proper term so they lost me already.

ray jr

iTrader: (2)

i was just messing with you about your friends 5,000 mile 5.7 getting 15,000 and people believing a 86 9,000 mile iroc is going to bring 30,000 .. lol

bjpotter

I wonder if the sale is a set up for a show segment. Such as, Buy the car, we fix it up. Then we "Sell the car to you" for 30k?

NufNuffZ28

iTrader: (10)

FWIW, I am all for the increased value of our cars. It is not good for our cars when one sells for twice the value. Before you know it you have ragged out ones asking 12-15k and well, that isn't good!

bjpotter

That's the reason I think its a set up. Gas Monkee Richard is cashing in big time for the brand and himself right now. Car commercials, Bar, New non GM show, New Rival show (He owns), and more. Why wouldn't he try and "Sell an opportunity to be on the show", and soak the "Buyer for a halfhearted Mod" they put nothing into. I think that's what he did for the bozo who "Paid" $100,000 for the TA last season. If that money ever really changed hands.

Reality TV is rarely reality. It just looks that way after production!

Jason E

Why...exactly...is this the only well-established enthusiast forum I've come across on where when something sells for strong money...fans of the vehicle in question laugh and say the car wasn't worth that?

I, for one, am happy to see these cars climbing in value. I hope one of these days to start working on these cars again and flipping them, the way I used to. Increased values for nice cars could only help me....

ray jr

iTrader: (2)

It didnt sell .. it was all bs

Richboll

We should rejoice when one of our cars sells for more than everyone thinks it should. This isn't a bad thing. It only raises the price for the rest of us. Back in the day I bought 1st Gen Camaros for less than $500 and used them to run circle track. While I kick myself in the behind when I think about it now, I feel that our 3rd Gens are just now starting to develop some value. Ours are starting to become ...dare I say it..rare. How many nice 3rd Gens do you see driven every day? The beaters are rapidly going away. Don't complain when they go for a good price. Enjoy yours while you can still afford and drive it. some day it will have some serious value.

okfoz

Actually the 1985 did sell for just shy of $20,000... which is a good price. I think an accurate price for today...

John

okfoz

Jason,
Simply put, Fear... People do not want to see the prices go up because then they could not afford to trash theirs. As it stands a few years ago, we could buy, modify, beat up then trash and then get another one and start the cycle all over again.

I believe it goes back to the fact we live in a microwave society, the majority of those that really do not want to see the values increase are probably still young and they cannot afford to have prices go up... And they want all their fun now and they want it fore cheap.

When you consider that the TTA's and Firehawks have been off the radar for some times now for most people interested in third gens, (technically the Firehawks were never below $20,000 for any amount of time) You have to see that the 1LE cars are increasing, the convertibles are increasing, the 350 cars are increasing and so are the LB9 cars..... All of a sudden inexpensive fun is going away. People fear the inevitable fact that they will not be able to afford cheep fun any more. I bought an 87 Formula 350, for $750 made it run and sold it for $2500 in 2006... Just cleaned it up... I could not do that now, no way no how could I find anything with a factory 350 for that price...

Now I would have to spend at least $1500 for that same car, and I might be able to sell it for $3500 or so once running... All of a sudden things almost doubled... The glory days of the cheap ole third gen are going away, and people don't want that...

I think this is good news really, regardless of whether or not it sold, it does help the values as most people might never realize that it was all smoke and mirrors.

Did you realize that the only reason why early 70's late 60's mopar was going for so much at the auctions was there was several wealthy men that had this personal circle, they would buy and sell each others cars, slowly increasing the values until they were almost unsightly. It was all a ruse to artificially increase the values of those cars. It all crashed around 2008 to some degree, but they are still going for a pretty penny...

I have often said that those of us that have nice cars, we should take our cars and put them on free car classifieds and ask ridiculous prices for them, $40,000, $50,000 just way way up there, ( I would create a new email address for such endeavors)...

When you see cars that people are asking $1500 for, all it does is drag the rest of us down, If we start acting like they are not crappy, maybe we would garner even more respect. People will treat you the way you expect yourself to be treated... People will treat our cars like you expect them to. We have gone past the Hillbilly back yard crap, and are now becoming respectable. We should be proud of that.

ray jr

iTrader: (2)

I agree on this one .. that is one sweet car with 6,000 miles and that sweet conteur interior..

okfoz

I remember about 15 years ago a Black IROC 350 someone was asking $8000 for it, and it sat for some time... nice looking car too... IIRC it had something like 20,000 miles on it...

That car now would be snatched up in a hurry IMHO.

John

bjpotter

Nice Low mileage original cars are getting harder and harder to find. The prices for those cars are slowly rising. The price for most resto's and rollers has stayed about the same.

okfoz

Guess what is baaaaack???

http://www.ebay.com/itm/221694464471?forcerRptr=true&item=221694464471&viewitem=
The Monkeys are at it again...

PurelyPMD

iTrader: (3)

Saw that - lets see what it goes for this time....

RedLeader289

iTrader: (2)

Anybody notice that the exact same usernames are bidding on it?

NufNuffZ28

iTrader: (10)

Wheels and underneath look weathered for the mileage, but a very cool car with good miles.

I wonder do they bid it up on purpose, so people see "what it sold for", then feel like they got a great deal when they buy it for thousands less?

scottmoyer

Already 24 bids on the first day! This car sure is getting the love. It's worth somewhere in the low $20k range being an '86. Lets see what happens this time.

ray jr

iTrader: (2)

if the 85 iroc with 6,000 miles on it and the conteur interior and by the pics was in mint condition brought 19,900 then i would imagine this car would bring between 15,000 and 18,000 .. just my opinion

89newfun

iTrader: (3)

:Update:
13k and reserve not yet reached 30 bids

Boxxx

Who wants to bet they bought it for like $5,000 from a little old lady that didn't know any better? Wooooooooooo!

RTGTA

Just imagine that dialogue:
Yeah ma'am I hear what you're saying. But I just can't do $15000... how about $6000 and a free Gas Monkey t shirt. Get you some of that?

Boxxx

I admit I watch the show and find it entertaining, it's better than most of programming out there these days. Mainly just seeing what Aaron can do, and then Sue calling Richard an @ssmonkey. 95% of the show right there. I miss when History was nothing but documentaries, but should I digress... I read the little "about me" at the bottom of their listing, at least he's upfront about being in it all for the money I guess. At the same time it's "the name of the game" and he's just in the limelight, by choice obviously. It's also why I could never be a car dealer/flipper, if someone is asking a fair price I'll just pay it as that's how I'd like to be treated. Someone earlier mentioned selling out by doing all the shows, commercials, etc... Really can't blame him there, generally these kinds of deals only last a few years so might as well get as much while people know/care who you are.

chazman

iTrader: (4)

That undercarriage and engine compartment need a good detailing!

okfoz

Nothing that a box of q-tips would not take care of...

NufNuffZ28

iTrader: (10)

Now a buy it now of 24k....

okfoz

They might get that... $24K does not seem out of the realm of possibilities...

Boxxx

But that's ORIGINAL wear and tear. #getyousomeofthat #gasmonkeygettingpaid

okfoz

Final looks to be $21,100... About what most of the members thought.

I noticed the Yellow IROC is up to 28,000 today...

John

NufNuffZ28

iTrader: (10)

Much more reasonable! #getyousomeofthat LOL

Yes, that yellow 1000 mile Iroc is a Gem. FIRST year 5.7, yellow, black interior. I wish I could have her

chazman

iTrader: (4)

More than Q-Tips, the undercarriage needs a serious cleaning. If they would have put it on a lift and had one of there gas monkeys spend a few hours cleaning/detailing it, it would probably fetch a couple more thousand.

okfoz

THere is a 1990 1LE Camaro on ebay right now that has buyers at $36,800

(Edit: Reserve not met)

http://www.ebay.com/itm/1990-Chevrol...-/201290396892

MJS422

Seeing some inflated prices for these cars does not bother me one bit. With some of these cars commanding a higher price tag and possibly selling for those prices will also provide a higher level of respect for our rides now and in the future. Especially for those of us who own good examples of this breed. Some people may criticize Gas Monkey for asking a crazy price, but honestly like it or not that's the beauty of living in a capitalistic society. Believe me I am no fan of Gas Monkey garage either.


"You a** Monkey, no pay and always bring me junk!"