Mid-Atlantic Region Regional board for all of the Mid-Atlantic states. Discuss gatherings and get togethers.

What's it worth?

Thread Tools
 
Search this Thread
 
Old 05-29-2006, 07:36 AM
  #1  
Member
Thread Starter
iTrader: (1)
 
LT4Hawk9's Avatar
 
Join Date: May 2006
Posts: 131
Likes: 0
Received 0 Likes on 0 Posts
Car: 1997 LT4 Firehawk
Engine: 350ci LT4
Transmission: MN6 6 Speed
Axle/Gears: 3.42:1
What's it worth?

Hey, guys! Newbie here...but don't beat me too bad. My second car back in the day was a '92 Firebird 305 TBI, 700R4. We also had a '69 Camaro drag car, and I now own 1997 LT4 Firehawk #9 or 29 produced. So, I know and have had a few F bodies over the years...just new to Thirdgen!

So, I found a car locally that I may buy...to kinda "broker" as such. I haven't gone to look at it, yet...hopefully tonight. It's a 91 GTA with 119k miles. It's a 350 auto car, in blue. It has some rust on the hood where the paint did the GM thing and crapped itself. I know the blue was a rare color, and the 350 GTA's were fairly hard to come by, too. KBB says $2800 in fair condition, but I've seen considerably higher numbers on here for similar cars (blue 91 305 Formula, other colors of 91 GTA's, etc). I'm just trying to get a feel for the "right" price.

If this is the wrong place to post, tell me where the right place is. I've never been to any other forums without a "anything goes" type board for this stuff.

Thanks!
Mike Moore
Bridgewater, VA
Old 05-29-2006, 07:33 PM
  #2  
TGO Supporter

 
MdFormula350's Avatar
 
Join Date: Nov 2001
Location: Maryland; USA
Posts: 11,634
Likes: 0
Received 3 Likes on 3 Posts
Any idea of how much the owner is asking?

I'd say around the kbb range is a good start. 2500 to 3000 bucks.

Depending on condition of the drivetrain and such.

Since it needs paint / body work you might be able to get it on the lower side of the range.
Old 05-29-2006, 08:25 PM
  #3  
Member
Thread Starter
iTrader: (1)
 
LT4Hawk9's Avatar
 
Join Date: May 2006
Posts: 131
Likes: 0
Received 0 Likes on 0 Posts
Car: 1997 LT4 Firehawk
Engine: 350ci LT4
Transmission: MN6 6 Speed
Axle/Gears: 3.42:1
Thanks for the reply.

You gotta love folks who know half what they think they know. Above was the description I was given by the owner. Below is the truth.

1991 Formula 350 WS-6. Light blue exterior, light gray interior. 119k miles. PW, PL, PM, PH, RWD, etc.

Bad:
-Front end is an off shade of blue, needs painted to match.
-Hood paint is crap, with baseball sized areas of surface rust all over.
-Tires are shot. Right rear quarter panel has enough rubber on it to make a new tire, though. Hmmmm...
-It took 10 minutes to get the hood opened. Special combination of pushing down, slapping, cussing, and otherwise finessing it whilst I held the release out inside. Nice.
-No battery.
-Get this...the real deal maker!...The owner lost the keys 2 years ago. The car has been sitting behind his house ever since. He will not go get keys made because "If I had it runnin', I'd wanna keep it!" My reply?..."If you don't get it runnin', I bet you're gonna have to keep it!" So, there it sits in the back yard with 2003 or 2004 tags on it, unlocked, rusting away in the grass.

Good:
-The body is very straight.
-The floors felt good just rubbing my hands under the body.
-The interior is very good. I didn't look at the dashpad, but the seats, carpet, door panels, etc are very nice.
-It's REAL fast (according to the owner)...it'd probably outrun the 99 T/A WS-6 that they have now, even. I tried to get him to get a key and I'd race him in the old ragged '97 Firehawk of mine for pink slips, but he wouldn't do it.

He's asking $2500, but dropped to $2000 while I was there. I'd imagine $1500 would take it home, but I'd be scared of it without hearing it run. I didn't ever tell him that there was a difference between a GTA and a Formula. KBB on the car in fair condition is $2430 according to their website.

I'm out! I really want a 86-90 T/A with T-Tops anyway, but was going to buy this one to drive until I could find what I really wanted. I think I'd be better to hold off and buy what I want in the first place.

Thanks again!
-Mike
Old 05-30-2006, 12:50 AM
  #4  
TGO Supporter

 
MdFormula350's Avatar
 
Join Date: Nov 2001
Location: Maryland; USA
Posts: 11,634
Likes: 0
Received 3 Likes on 3 Posts
wow, sounds like a nice project car though. yeah 1500 would be about what i would of paid also.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
SRKLEGIN
Interior Parts Wanted
5
10-12-2015 07:28 AM
skinny z
Engine/Drivetrain/Suspension Parts for Sale
5
10-05-2015 06:23 PM
bjpotter
History / Originality
17
10-04-2015 07:48 PM
gord327
Transmissions and Drivetrain
19
10-03-2015 01:25 PM
6998poncho
Engine/Drivetrain/Suspension Parts for Sale
0
09-25-2015 02:56 PM



Quick Reply: What's it worth?



All times are GMT -5. The time now is 07:10 AM.