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History / OriginalityGot a question about 1982-1992 Camaro or Firebird history? Have a question about original parts, options, RPO codes, when something was available, or how to document your car? Those questions, answers, and much more!
I started the process of putting my 1992 Z28 Heritage up for sale. As I was doing some research on NADA (JD Power) to make sure I was in the ballpark I was more than surprised by the current value, so much so that I contacted JD Power to ask if it was a mistake. They reached out and said it would be reviewed shortly and any necessary adjustments would be made. After a review the value actually went up another $2k across all conditions. I completely understand that any car is worth what someone will pay but at the same time I don't want to short change myself if the value it climbing this fast.... Thoughts? For reference I my car is original with 42K miles and the 5.7 but it does have rock chips and shows some wear here and there as a 30 year old car does.
I wasn't thinking $40 grand not even half that, just curious as to where these numbers are coming from.
It's simply the progression of things in the performance car world, especially if it's built by Chevrolet. First- and second gens have appreciated, and the same is now beginning to occur with 3rd gens. And while, IMO, $40K is a bit excessive, you do have a very clean, well-kept, and original-appearing car. Like you already said yourself though, it's worth what someone will pay for it, and in this day and time, who knows how much that might be?
https://bringatrailer.com/listing/19...camaro-z-28-7/
a twin to yours with 34k miles only got bid up to 16k on BAT IN october .. looks like real nice 5.7 z28's with miles in the high teens to in the twenties for mileage are bringing money in the twenties .. im sure you could get 20k for your car if its real nice ..
It seems like prices are very unpredictable. Sometimes you see them sold for what seems like a total steal for the buyer, and other times you can't believe that someone actually paid that much.
With only 42K, clean, original, and being a last-year Heritage Edition, with patience I think you could get $25K for it.
This is the NADA value for the 91 Z28 from the BAT auction. There is a huge value difference between this and the 92 Heritage edition even though they are practically the same car.
Everyone that is not a Camaro nut thinks all third gens are Iroc-z's. So naturally iroc-z are bring more money then a non iroc-z. Even thought the later third gen are much better performance cars then the earlier car. Excluding 1LE and cars like that.
I have an '88 GTA also with 42K miles on it. Very clean. Everything works. Not perfect, but just normal little chips.
I doubt that I'll ever sell it. But sometimes I think about listing it for a a high price and seeing if someone will bite. Like someone else already said, the car is worth whatever someone is willing to pay for it. I live on Hilton Head Island and there's a lot of money here. Some older, nostalgic retiree might be willing to part with some some good money for a car like that.
I know a guy who runs a very respected body and paint shop here whom clients trust with very expensive cars, both classics and current cars, He thinks I could get at least $25K. I think on the national market, that might be just a bit optimistic, but in the local market, maybe. And much as I like the car, if someone offered me $25K cash, I'd take it. It would be a nice profit for me.
There is value in these cars. I've been watching the BaT auctions and participating in discussions. The IROC-Zs and the cars with no miles are the highest priced. I think I might still have the highest on a car with miles. A 23k mile 1987 IROC-Z in blue sold on BaT for $36k two years ago. I sold mine privately with 21k miles for a good number over $40k. So yes, there are some valuable cars out there, but not all of them hit those numbers.
I recently purchased a 1991 Formula, 36k miles, all original for $18k. After seeing dozens of them on Hemmings.com for $24k I thought this car was underpriced. But Hagerty priced it at $18k (even though it did not consider the low miles). Asking and selling prices are rarely the same, so on-line ads are misleading as to value.
If I had some spare change laying around, and a large storage facility, I would be buying up nice and clean 3rd gen F-bodies. The price of other collectible cars are going up forcing mid-level buyers to consider something else. Late 70's Corvettes are climbing in value for example despite their tepid performance. But the real shocker is AMC - Javelins and AMX's are being sought after by folks who can no longer afford an LS5 Chevelle or 383 Cuda. A 390 or 401 is no slouch. Bronco fans who can no longer afford them are eyeing Jeep Wagoneers or IH Scouts, driving those prices up.
While our beloved 3rd gens don't produce late 60's horsepower, they do provide a nice combination of mid-level power, excellent handling, emerging technology, driving comfort and excitement, awesome styling, and for now - affordability (compared to others). What's not to like?
Third gens will never produce the late 60s horsepower because they changed the way horsepower ratings were calculated, in the early 70s. So, 3rd gens won't equal their horsepower numbers, but they will equal their performance numbers. Later 3rd gens have very similar 0-60 and 1/4 mile performance times as some of the most hallowed late 60s-early 70s muscle cars.
Gross hp in old 60's cars is about 20% higher hp rating than 3rd gens imo. Example a stock 91-92 L98 rated at 245 hp (20% higher = 294 hp) can be compared to a 69 z28 which was rated at 290hp (under rated imo) but it came stock with 3.73 gears vs the 3.23 gears in the L98. The 69 Z28 had a stock 14.8 second quarter mile time while the 91-92 L98 had a similar quarter mile time.
I do not remember the progression, but HP ratings from the 60's changed drastically in the 70's. Manufacturers would over inflate their HP rating, often advertising HP from a bare bones engine, with no accessories on an engine Dyno. I am not even sure if they included the water pump. Somewhere along the line they started including the accessories like Alternator, steering pump, etc. And they started measuring at the rear wheels instead of the engine. An example of this is apparently 72, 7374 Buick 455 Engines were identical, Cam, Heads, compression, pistons were the same, but for some reason 74 was rated 5HP lower.
I have an 89 RS and it’s not in the shape of this at all. It needs a good cleaning and a paint job. I’m wondering what the highest price I could maybe sell it for as a project for someone else? It is a 305 v8 automatic. Muffler is dropping. It starts with a fresh battery but has a parasitic drain I think. I don’t have the time for it right now. I don’t want to rip anyone off but not sure where to start. Please advise.
Being a Texas car the body would be in real decent shape, interior might be pretty sun damaged. Needs a lot of TLC to be sure but I'd guess you might get $6000 for that car.
I have an 89 RS and it’s not in the shape of this at all. It needs a good cleaning and a paint job. I’m wondering what the highest price I could maybe sell it for as a project for someone else? It is a 305 v8 automatic. Muffler is dropping. It starts with a fresh battery but has a parasitic drain I think. I don’t have the time for it right now. I don’t want to rip anyone off but not sure where to start. Please advise.
The fact that the car needs a complete repaint ($$$$$$), an exhaust system, and has an undiagnosed electrical problem doesn't bode well for you to get much for this car as-is. If you want an accurate appraisal, you'll need to post much more info about the car (mileage, options, service record if any), along with lots of pics of the interior, underhood, and under the car.
05-14-2022, 04:37 PM
