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Going to check out a 88 Iroc vert (is this a good deal)?

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Old Oct 15, 2008 | 11:33 PM
  #1  
67tothefuture's Avatar
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From: Iowa
Car: 1991 Z28 Convertible
Engine: 305 tpi
Transmission: 700 r4 Auto
Going to check out a 88 Iroc vert (is this a good deal)?

Asking $5600.
Title was a salvage. I am told it is now clear. I was told the front passenger fender and door skin were replaced (how big of a concern is this?).

I am told 56,000 original miles. He has no documentation of this. But I think I can verify this through car fax?

Sounds like a pretty stock Iroc vert. I am told no major mechanical issues. What do you guys think about the asking price?
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Last edited by 67tothefuture; Oct 15, 2008 at 11:36 PM. Reason: Automerged Doublepost
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Old Oct 16, 2008 | 03:34 PM
  #2  
Wild Weasel's Avatar
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From: Morris, IL
Car: 1989 RS Drop-Top
Engine: 305 TBI
Transmission: 700R4
Axle/Gears: 2.73
Re: Going to check out a 88 Iroc vert (is this a good deal)?

Don't know the laws where you are, but I would be leary of a salvage title. Find out why it had a salvage and what state cleaned it. If they cleaned the title, what else did they clear? Speedo perhaps. Price is a little stiff for a salvage. But, just my 2 cents
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Old Oct 23, 2008 | 05:17 PM
  #3  
2000Z14X2's Avatar
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Re: Going to check out a 88 Iroc vert (is this a good deal)?

That seems to be a very nice car.. I'd offer $5K and call it a day...
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Old Oct 23, 2008 | 06:21 PM
  #4  
dukie's Avatar
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Re: Going to check out a 88 Iroc vert (is this a good deal)?

Originally Posted by 2000Z14X2
That seems to be a very nice car.. I'd offer $5K and call it a day...

Agreed. If it wasn't a salvage title it would be worth considerably more here.

Nice car for $5 grand.
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Old Oct 24, 2008 | 11:05 AM
  #5  
jrhaus76's Avatar
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From: SW Ohio
Car: 1989 IROC-Z28
Engine: L98 - 350 TPI
Transmission: MD8 - 700R4
Axle/Gears: GH3/G80 - 2.77 POSI
Re: Going to check out a 88 Iroc vert (is this a good deal)?

IMO too much for a salvage car. Are verts worth that much more than coupes? I think 5-6 grand is par for a clear title car in good condition. Also I can't tell much from those pics.
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Old Oct 24, 2008 | 01:15 PM
  #6  
okfoz's Avatar
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From: Doghouse ······································ Car: 1989 Formula 350 Vert Engine: 350 L98 Transmission: 700R4 Axle/Gears: B&W 3.27
Car: 87 Formula T-Top, 87 Formula HT
Engine: 5.1L TPI, 5.0L TPI
Transmission: 700R4, M5
Axle/Gears: Sag 3.73, B&W 3.45
Re: Going to check out a 88 Iroc vert (is this a good deal)?

Historically speaking a Vert is worth about 1.5x to 2x that of a coupe in similar condition with the same options, engine, trans etc.... Of course that is a basic rule of thumb... As the performance goes up so goes the value... again just as a rule of thumb...

John
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Old Oct 25, 2008 | 01:47 PM
  #7  
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From: Guilford, Connecticut
Car: 1987 Trans Am
Engine: 355
Transmission: t56
Axle/Gears: 3.73
Re: Going to check out a 88 Iroc vert (is this a good deal)?

door skins and fenders are pretty common things, not a big deal. any chance of better pics? to check the door skinning job open the door and look at the welds around the shell of the door (where the emission logos and vin number are on the door) where it meets the outter skin, check these for rust to make sure it was done properly.
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Old Oct 25, 2008 | 10:50 PM
  #8  
Scooby Doo's Avatar
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From: St Louis Missouri
Car: 92 Trans Am Convertible
Engine: 5.0L
Re: Going to check out a 88 Iroc vert (is this a good deal)?

So did it sell on ebay for $47XX, did you get it?

http://cgi.ebay.com/ebaymotors/Cars-...=p4506.c0.m245

Are you close to Oklahoma, there is a guy on the boards selling a white camaro vert asking $4000 I think it has 130xxx, not sure really what you are looking for...

Last edited by Scooby Doo; Oct 25, 2008 at 10:54 PM.
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Old Oct 26, 2008 | 10:29 AM
  #9  
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From: Kettering, Ohio
Car: 1988 Iroc convertible
Engine: 305TPI
Transmission: T-5, swapped it in.
Axle/Gears: no clue, but I'll learn
Re: Going to check out a 88 Iroc vert (is this a good deal)?

All good advice, sounded like to me. Okfoz, quick question...I'm dialing in my vert, did the T-5 tranny swap, going to do a rear end upgrade, I believe the motor was rebuilt before I got it. Headers, aluminum drive shaft, etc. I'm keeping all my original parts, in case I sell it later (not - more likely my estate sells it when I'd toes-up) and the buyer wants it back original. You say value goes up with performance? I kinda saw the very low miles, all original cars getting the bucks. But I haven't so much followed the modified ones. I'm doing mine because it's sooo much more fun. Thanks. John
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Old Oct 26, 2008 | 02:50 PM
  #10  
okfoz's Avatar
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From: Doghouse ······································ Car: 1989 Formula 350 Vert Engine: 350 L98 Transmission: 700R4 Axle/Gears: B&W 3.27
Car: 87 Formula T-Top, 87 Formula HT
Engine: 5.1L TPI, 5.0L TPI
Transmission: 700R4, M5
Axle/Gears: Sag 3.73, B&W 3.45
Re: Going to check out a 88 Iroc vert (is this a good deal)?

The more the performance the more the value increase... Of course typically that is from Factory Performance...

If you keep the original parts, and set them to the side, when you go to sell the car I would suspect that those parts would help sell the car... it would depend on who you sell the car and what they want... One of the biggest problems with modifying a car comes to repairs... I always figured if I kept the mechanicals "Stock" so that a factory service manual could still be used it would be better than trying to modify it beyond serviceability.

Of course there are several arguments for any position and ultimately it would depend on the person wanting to buy the car.

Of course I am not sure if I answered you question...

John
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Old Oct 27, 2008 | 07:07 PM
  #11  
Crouchman's Avatar
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From: Kettering, Ohio
Car: 1988 Iroc convertible
Engine: 305TPI
Transmission: T-5, swapped it in.
Axle/Gears: no clue, but I'll learn
Re: Going to check out a 88 Iroc vert (is this a good deal)?

yeah, answered it perfectly. Seems factory performance is the key. Although everything has a niche, if you look for the right buyer. Most of what I'm doing is bolt-on. Well, except the welded subframe connectors. I know lots dump a bunch of money into their cars on modifications and never get it back out. My car will look the same, just run better/sound better. I looked at this 90 vert locally...the Marlboro car I talked about in another thread. 23K miles, I wouldn't have felt like I could/should do a thing to that other than pamper it. I want something I'm not afraid to drive. Which is what I have. Got an air dam. Man what a difference in the engine temp that made! Wow. Thanks John.
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Old Oct 27, 2008 | 08:12 PM
  #12  
okfoz's Avatar
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From: Doghouse ······································ Car: 1989 Formula 350 Vert Engine: 350 L98 Transmission: 700R4 Axle/Gears: B&W 3.27
Car: 87 Formula T-Top, 87 Formula HT
Engine: 5.1L TPI, 5.0L TPI
Transmission: 700R4, M5
Axle/Gears: Sag 3.73, B&W 3.45
Re: Going to check out a 88 Iroc vert (is this a good deal)?

PERSONALLY I do not consider SFC's a detractor from the value of most cars. Personally I think they are a good thing. In short I would not turn down a car with SFC's and although they are not "original" they do serve a purpose.

I imagine some people will argue with me... I guess where I would draw the line is if the car was a low miles otherwise all original rare performance model, like a TTA or a Firehawk or my 89 350 Vert... personally it ticked me off that a previous owner installed a strut tower brace to my vert, on an otherwise all original 36K miles car...

John
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Old Oct 27, 2008 | 10:16 PM
  #13  
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From: Houston TX
Car: 1992 Rs
Engine: 305 TBI
Transmission: 5-Speed
Axle/Gears: 3.08
Re: Going to check out a 88 Iroc vert (is this a good deal)?

By factory performance I think 1le, That is what a factory hi-po car means . those will always be getting the big bucks.

Low mileage cars like Iroc-zs will be higher also.
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Old Oct 28, 2008 | 07:58 AM
  #14  
okfoz's Avatar
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From: Doghouse ······································ Car: 1989 Formula 350 Vert Engine: 350 L98 Transmission: 700R4 Axle/Gears: B&W 3.27
Car: 87 Formula T-Top, 87 Formula HT
Engine: 5.1L TPI, 5.0L TPI
Transmission: 700R4, M5
Axle/Gears: Sag 3.73, B&W 3.45
Re: Going to check out a 88 Iroc vert (is this a good deal)?

There is a corelation between (factory) Horsepower and Value pure and simple. A 350 will fetch more money than a 305, and a 305 will fetch more than a V6 everything else being equal 99.9% of the time.

JOhn
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Old Oct 31, 2008 | 11:39 PM
  #15  
NoCal91Convert's Avatar
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From: Sacramento, CA
Car: 1991 Z28 Convertible
Engine: 305
Transmission: 5 Speed
Re: Going to check out a 88 Iroc vert (is this a good deal)?

On the salvage title, find out when it was done. 10 years ago it wasn't worth fixing even the verts as there were enough of them around and insurance companies didn't want to pay. They might still total one of these even with relatively cosmetic damage. If the frame is straight and things all line up and look right (look under the back seat at the sheet metal etc) then I wouldn't worry about the salvage title.
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