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Looking for an investment quality example.

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Looking for an investment quality example.

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Old 01-07-2018, 05:44 PM
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Looking for an investment quality example.

I am looking for a 5spd TPI vert or a 350 ASC vert. I will consider a firebird as well as a camaro. Condition is paramount as it needs to be truly investment quality. Bright red is the least preferred, but condition is everything. Willing to pay market value. Not going to pay unrealistic prices. If I was willing to pay those, I would go to a retail dealer. Use your peers valuations as a guide & I will be more than fair. My ďHoly GrailĒ would be a 1988 5sp IROC vert in metallic maroon called flame red.

Last edited by txsilverado; 01-07-2018 at 05:46 PM. Reason: More details
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Old 01-07-2018, 06:07 PM
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Re: Looking for an investment quality example.

Good luck w/ the search. I just picked up an ASC 5.7L 1989 and very pleased. Only took over 4 years for closure.
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Old 01-07-2018, 06:15 PM
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Re: Looking for an investment quality example.

I read the details of your post. Pretty car. I was specifically interested in what you paid as I want to maintain a reasonable expectation of what to pay. There is a clean 4X,000 mile red one close to me. However, itís a bright red 305 auto. Not exactly a rare example.
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Old 01-08-2018, 08:23 PM
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Re: Looking for an investment quality example.

If you want a really good investment, take that money you're planning on spending and buy gold.
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Old 01-08-2018, 08:28 PM
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Re: Looking for an investment quality example.

I don’t have as much fun playing with my gold and meeting up with other gold owners to show off my gold. ��Crypto Currency ��
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Old 01-09-2018, 07:26 AM
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Re: Looking for an investment quality example.

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Old 01-09-2018, 07:33 AM
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Re: Looking for an investment quality example.

Originally Posted by Sweatlock View Post
If you want a really good investment, take that money you're planning on spending and buy gold.
HAHA you right. Third Gens aren't usually a solid investment unless you are invested in it to drive and enjoy.
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Old 01-09-2018, 06:16 PM
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Re: Looking for an investment quality example.

Exactly, you buy them because you love them & love driving them. And if you buy one that's pristine with low mileage as an "investment", you'll either leave it in the garage and never drive it, or you'll drive it and never recoup your investment.

If you like the cars, I'd suggest getting the nicest one you can realistically afford for the best price & simply enjoy it - it may someday be worth considerably more than you paid for it, but that may be a looooing time in the future. Or you may be completely disappointed with the fickle nature of prospective buyers of classic cars.

In the meantime, have fun.
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Old 01-10-2018, 06:28 AM
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Re: Looking for an investment quality example.

There are only a couple of cars I have owned (outside of daily drivers) that I've not made money on, and I've owned well over 100.

That said, driving them is an important part of the experience of owning them for me.
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Old 01-11-2018, 11:29 AM
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Re: Looking for an investment quality example.

I think I am one of those fickle prospective buyers Sweatlock. LOL!
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Old 01-12-2018, 07:49 PM
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Re: Looking for an investment quality example.

Check this one out it’s close to what your looking for.

https://orangecounty.craigslist.org/...433246769.html

I’ve been watching it for a few months myself. But looking for more of a project.
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Old 01-12-2018, 07:57 PM
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Re: Looking for an investment quality example.

That’s exactly what I’m looking for with the exception of the 5 speed or 5.7! I will reach out to seller.
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Old 01-13-2018, 07:15 AM
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Re: Looking for an investment quality example.

That car is sweet! I've always been more of a t-top guy myself, but that thing could "convert" me, lol! Good luck in your search!
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Old 01-14-2018, 12:05 AM
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Re: Looking for an investment quality example.

its not a 5 speed but its close to new.. it was at 20k firm last week now it says 24k. only 3600 miles

https://westernmass.craigslist.org/c...433171570.html



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Old 01-14-2018, 12:10 AM
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Re: Looking for an investment quality example.

heres a real nice 5 speed iroc but its red and has 77k on it .. only 13,999

https://chicago.craigslist.org/nwc/c...426726978.html



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Old 01-14-2018, 11:40 AM
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Re: Looking for an investment quality example.

Originally Posted by ray jr View Post
heres a real nice 5 speed iroc but its red and has 77k on it .. only 13,999

https://chicago.craigslist.org/nwc/c...426726978.html



That looks like a nice car at a fair price, which makes me wonder what's up with it? Usually, rough, overpriced cars from that dealer.
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Old 01-16-2018, 08:12 PM
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Re: Looking for an investment quality example.

Good luck! I love the flame red and found after years of looking I went with a fully loaded, mint 305 TPI car that had everything I wanted except the stick shift.. I love driving it and looking at it though.. Iíve owned a 350 and a 305 stick shift and itís really not all that different.. I would definitely check out the car PurelyPMD put up.. that formula is sweet!

Verts in general are rare enough where a 305 TPI Auto will be an investment..

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Old 01-16-2018, 09:09 PM
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Re: Looking for an investment quality example.

Originally Posted by ray jr View Post
its not a 5 speed but its close to new.. it was at 20k firm last week now it says 24k. only 3600 miles

https://westernmass.craigslist.org/c...433171570.html



Here is that same car on Ebay. That is a really good looking car and it is rarer than the 1988 model IROC convertible which had 3,671 built that year. Only 1,294 IROC convertibles were built in 1990. This is an investment car in my opinion.

https://www.ebay.com/itm/1990-Chevro...%257Ciid%253A1
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Old 01-16-2018, 10:37 PM
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Re: Looking for an investment quality example.

The year doesnít matter that much price-wise.. all verts are very rare compared to production.. dealers use the individual year numbers to make it sound more rare but doesnít matter that much price and condition-wise..

87 25th anniversary is more rare than the 90 Vert and many are flame red and 5-speed.. they pop up a couple times/year.. similar price to all the rest of them..

All the verts bring about the same money..

I prefer 88-89 because they have the updated rims/decals but still have the 80s steering wheel and donít have the yellow ď90sĒ gauges..
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Old 01-17-2018, 11:42 AM
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Re: Looking for an investment quality example.

Originally Posted by 88IROCvertZ View Post
The year doesn’t matter that much price-wise.. all verts are very rare compared to production.. dealers use the individual year numbers to make it sound more rare but doesn’t matter that much price and condition-wise..

87 25th anniversary is more rare than the 90 Vert and many are flame red and 5-speed.. they pop up a couple times/year.. similar price to all the rest of them..

All the verts bring about the same money..

I prefer 88-89 because they have the updated rims/decals but still have the 80s steering wheel and don’t have the yellow “90s” gauges..
Your right about everything you said. The determining factors are the preferences you want in one particular year versus another. I have had my 2 convertibles a 1988 and 1989 for 25 years and I chose them specifically for options, color, and the condition they were in when I purchased them.

The rarity factor didn't play into it as much as what I was looking for in a convertible IROCZ.
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Old 01-19-2018, 10:25 PM
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Re: Looking for an investment quality example.

Totally agree “I prefer 88-89 because they have the updated rims/decals but still have the 80s steering wheel and don’t have the yellow “90s” gauges”.
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