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Nice '88, L03, Formula convertible. Over priced?

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Old 05-09-2016, 12:39 PM
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Car: 1989 IROC-Z. Original owner
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Nice '88, L03, Formula convertible. Over priced?

http://www.ebay.com/itm/Pontiac-Fire...m=162058822180



Last edited by chazman; 05-09-2016 at 12:52 PM.
Old 05-09-2016, 12:52 PM
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Car: 1989-92 FORMULA350 305 92 Hawkclone
Engine: 4++,350 & 305 CIs
Transmission: 700R4 4800 vig 18th700R4 t56 ZF6 T5
Axle/Gears: 3.70 9"ford alum chunk,dana44,9bolt
Re: Nice '88, L03, Formula convertible. Over priced?

Yeah, altho its a nice car with lowish miles, its not much for performance except for the standard WS6.
Old 05-09-2016, 01:02 PM
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Car: 99 WS6 / 00 SS / 11 CTS-V / 13 300
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Axle/Gears: 3.23 / 3.42 Auburn / 3.23 / 2.62
Re: Nice '88, L03, Formula convertible. Over priced?

Beautiful car...I just can't imagine a 305 TBI being worth that kind of money.

Maybe someday, on a rarity like this one, but not anytime soon. There's a beautiful, 14,000 mile 91 RS that's been for sale back near my hometown for 3 years. Guy won't budge from $12,000. I could see maybe $9,000, because its so perfect and the miles are way low...but at this point I can't see anyone paying premium money for an LO3 for a very long time to come.
Old 05-09-2016, 03:20 PM
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Re: Nice '88, L03, Formula convertible. Over priced?

I could see it being worth that eventually, but for right now it's a huge stretch of the imagination.
Old 05-09-2016, 03:43 PM
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Car: 1989 IROC-Z. Original owner
Engine: LB9. Dual Cats. Big Cam
Transmission: World Class T-5
Axle/Gears: BW 3.45
Re: Nice '88, L03, Formula convertible. Over priced?

Yup, I'm with everyone else. At $18,500 this guy is just fishing.
Old 05-09-2016, 05:22 PM
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Re: Nice '88, L03, Formula convertible. Over priced?

Nice car but the motor kills it.
Old 05-12-2016, 08:20 PM
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Car: 99 WS6 / 00 SS / 11 CTS-V / 13 300
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Transmission: 4L60E / T-56 / 6L80E / W5A80
Axle/Gears: 3.23 / 3.42 Auburn / 3.23 / 2.62
Re: Nice '88, L03, Formula convertible. Over priced?

There's 2 things LO3s are good at.

1) Making V8 noises
2) Not throwing check engine lights

All my TPI engines had rough idles and threw codes. My L03 had the highest mileage by far of any of them (120k when sold), and it idled like glass and never threw a code once.
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