1987 sport coupe convertible
#1
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Joined: Feb 2008
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From: Central NC (NC/VA line)
Car: Sold: 1986 Z28 Black/Silver
Engine: LG4
Transmission: 5 spd
1987 sport coupe convertible
hey guys, there is a local guy selling a Red/Red convertible. Front bumper has been replaced and interior is all there and in vinyl. It has an auto/pw/pl, etc. Body is in good shape,but the interior is rough. Spoilers are all in place.
Since the low production figures of 263, do you think these base coupes will become valuable one day?
Thinking about purchasing it and storing it for 5-10 years or restoring it now.
Anything i should look for? The VIN says '3' which is a ordered car.
Overall, i say the car is a 5 out of 10 on condition. Mileage is unknown.
Since the low production figures of 263, do you think these base coupes will become valuable one day?
Thinking about purchasing it and storing it for 5-10 years or restoring it now.
Anything i should look for? The VIN says '3' which is a ordered car.
Overall, i say the car is a 5 out of 10 on condition. Mileage is unknown.
#3
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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: 1987 sport coupe convertible
Its really hard to say... Even with higher production numbers I think a Z28 Vert or an IROC vert will almost always fetch more. I believe that It comes down to most people want the performance aspect of the car. The car should have the LG4, which was the same engine that was standard in the Z28, so your more or less break even there.
It is honestly a crap shoot. Personally I would buy it for enjoyment, especially since you apparently have to do some work to it. If it was pristine or at least low miles, that would be differerent... I have learned that for the most part the money you will invest fixing it up will definately be greater than what you can sell it for. Few cars, such as a Firehawk, or a TTA would actually be worth fixing up to try and turn a profit.
I know your talking 10 years... Honestly, if you want to make an investment, buy into mutual funds, right now is the best time to get into it as things are low. When they go back up then you will be sitting pretty. Buy Low Sell High...
John
It is honestly a crap shoot. Personally I would buy it for enjoyment, especially since you apparently have to do some work to it. If it was pristine or at least low miles, that would be differerent... I have learned that for the most part the money you will invest fixing it up will definately be greater than what you can sell it for. Few cars, such as a Firehawk, or a TTA would actually be worth fixing up to try and turn a profit.
I know your talking 10 years... Honestly, if you want to make an investment, buy into mutual funds, right now is the best time to get into it as things are low. When they go back up then you will be sitting pretty. Buy Low Sell High...
John
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