Looking for an investment quality example. - Third Generation F-Body Message Boards


Convertibles Discussed here are problems and solutions to convertible specific questions, including difficult to find part numbers and other convertible tech help.

Looking for an investment quality example.

Reply
 
Thread Tools Search this Thread
Old 01-07-2018, 06:44 PM   #1
Junior Member
Thread Starter
 
Join Date: May 2006
Location: Mansfield, TX
Posts: 9


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 06:46 PM. Reason: More details
txsilverado is offline   Reply With Quote
Old 01-07-2018, 07:07 PM   #2
Member
 
Join Date: Jul 2013
Location: *member since 1999, I think - just can't remember my old name, and the big site crash...*
Posts: 389
Car: 89 GTA ASC Conv., Prev: 89 GTA 6.3L
Engine: 5.7L L98 TPI
Transmission: 700r4 Automatic
Axle/Gears: 3.27:1 w/ JG1 Options:B2L, N10, U1A

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.
Big&BadGTA is offline   Reply With Quote
Old 01-07-2018, 07:15 PM   #3
Junior Member
Thread Starter
 
Join Date: May 2006
Location: Mansfield, TX
Posts: 9


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.
txsilverado is offline   Reply With Quote
Old 01-08-2018, 09:23 PM   #4
Junior Member
 
Join Date: Jul 2017
Posts: 14

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.
Sweatlock is offline   Reply With Quote
Old 01-08-2018, 09:28 PM   #5
Junior Member
Thread Starter
 
Join Date: May 2006
Location: Mansfield, TX
Posts: 9


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 ��
txsilverado is offline   Reply With Quote
Old 01-09-2018, 08:26 AM   #6
Supreme Member
iTrader: (3)
 
PurelyPMD's Avatar
 
Join Date: Jan 2013
Location: Newtown, CT
Posts: 2,666
Car: 1987 IROC Original Owner
Engine: LB9
Transmission: M39 MM5
Axle/Gears: G80 G92 J65

Re: Looking for an investment quality example.

PurelyPMD is offline   Reply With Quote
Old 01-09-2018, 08:33 AM   #7
Supreme Member
 
dmccain's Avatar
 
Join Date: Mar 2014
Location: Ms
Posts: 1,915
Car: 89 Trans Am clone
Engine: 5.0 TBI
Transmission: 700R4/shift kit.S10converter
Axle/Gears: 3.73 posi

Re: Looking for an investment quality example.

Quote:
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.
dmccain is offline   Reply With Quote
Old 01-09-2018, 07:16 PM   #8
Junior Member
 
Join Date: Jul 2017
Posts: 14

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.
​​​​​​​
Sweatlock is offline   Reply With Quote
Old 01-10-2018, 07:28 AM   #9
Supreme Member
iTrader: (3)
 
PurelyPMD's Avatar
 
Join Date: Jan 2013
Location: Newtown, CT
Posts: 2,666
Car: 1987 IROC Original Owner
Engine: LB9
Transmission: M39 MM5
Axle/Gears: G80 G92 J65

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.
PurelyPMD is offline   Reply With Quote
Old 01-11-2018, 12:29 PM   #10
Junior Member
Thread Starter
 
Join Date: May 2006
Location: Mansfield, TX
Posts: 9


Re: Looking for an investment quality example.

I think I am one of those fickle prospective buyers Sweatlock. LOL!
txsilverado is offline   Reply With Quote
Old 01-12-2018, 08:49 PM   #11
Junior Member
 
wbrooks63's Avatar
 
Join Date: Dec 2008
Location: Apple valley ca.
Posts: 21
Car: 1988 sport coupe convertible
Engine: 5.0 TBI. LO3
Transmission: Manual 5 speed

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.
wbrooks63 is offline   Reply With Quote
Old 01-12-2018, 08:57 PM   #12
Junior Member
Thread Starter
 
Join Date: May 2006
Location: Mansfield, TX
Posts: 9


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.
txsilverado is offline   Reply With Quote
Old 01-13-2018, 08:15 AM   #13
Member
iTrader: (4)
 
Join Date: Jul 2004
Location: pa
Posts: 267
Car: 87 IROC
Engine: 350
Transmission: auto
Axle/Gears: 3.23


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!
zya5point0 is offline   Reply With Quote
Old 01-14-2018, 01:05 AM   #14
Senior Member
iTrader: (2)
 
ray jr's Avatar
 
Join Date: Oct 2010
Posts: 900

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



ray jr is offline   Reply With Quote
Old 01-14-2018, 01:10 AM   #15
Senior Member
iTrader: (2)
 
ray jr's Avatar
 
Join Date: Oct 2010
Posts: 900

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



ray jr is offline   Reply With Quote
Old 01-14-2018, 12:40 PM   #16
Supreme Member
iTrader: (3)
 
chazman's Avatar
 
Join Date: Dec 2001
Location: Chicagoland
Posts: 5,848
Car: 1989 IROC-Z. Original owner
Engine: LB9. Dual Cats. Big Cam
Transmission: World Class T-5
Axle/Gears: BW 3.45


Re: Looking for an investment quality example.

Quote:
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.
chazman is online now   Reply With Quote
Old 01-16-2018, 09:12 PM   #17
Member
 
88IROCvertZ's Avatar
 
Join Date: Mar 2016
Location: New England
Posts: 350
Car: 1988 IROC Z Convertible
Engine: 305 TPI (F)
Transmission: 700 R4
Axle/Gears: POSI (GU2)

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..

88IROCvertZ is offline   Reply With Quote
Old 01-16-2018, 10:09 PM   #18
Senior Member
 
Join Date: Feb 2007
Posts: 732


Re: Looking for an investment quality example.

Quote:
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
yo soy el warg is offline   Reply With Quote
Old 01-16-2018, 11:37 PM   #19
Member
 
88IROCvertZ's Avatar
 
Join Date: Mar 2016
Location: New England
Posts: 350
Car: 1988 IROC Z Convertible
Engine: 305 TPI (F)
Transmission: 700 R4
Axle/Gears: POSI (GU2)

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..
88IROCvertZ is offline   Reply With Quote
Old 01-17-2018, 12:42 PM   #20
Senior Member
 
Join Date: Feb 2007
Posts: 732


Re: Looking for an investment quality example.

Quote:
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.
yo soy el warg is offline   Reply With Quote
Old 01-19-2018, 11:25 PM   #21
Junior Member
 
wbrooks63's Avatar
 
Join Date: Dec 2008
Location: Apple valley ca.
Posts: 21
Car: 1988 sport coupe convertible
Engine: 5.0 TBI. LO3
Transmission: Manual 5 speed

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”.
wbrooks63 is offline   Reply With Quote
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
MAT Temp Corrections, an example Grumpy DIY PROM 0 06-13-2004 08:41 PM
Perfect example of how dumb import owners are! 1FSTGTA Third Gen Association of Ontario 6 09-05-2003 07:53 PM
factory sunroof example logikal6785 Body 3 08-22-2003 07:41 AM
another example of a small progect turned huge SMURFN' Z28 NW Indiana and South Chicago Suburb 5 07-15-2003 11:49 AM
An example of tuning using WB TRAXION DIY PROM 21 06-10-2003 03:33 PM


Go Back   Third Generation F-Body Message Boards >

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Advertising
Featured Sponsors
Vendor Directory

1982 Camaro '82 || 1983 Camaro '83 || 1984 Camaro '84 || 1985 Camaro '85 || 1986 Camaro '86 || 1987 Camaro '87 || 1988 Camaro '88 || 1989 Camaro '89 || 1990 Camaro '90 || 1991 Camaro '91 || 1992 Camaro '92


All times are GMT -5. The time now is 02:16 AM.


All content copyright © 1997 - 2014 ThirdGen.org. All rights reserved. No part of this website may be reproduced without the expressed, documented, and written consent of ThirdGen.org's Administrators. We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: