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1987 Firebird Formula 350

Old 02-13-2019, 02:38 PM
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1987 Firebird Formula 350

Hey all,

I'm considering selling my Formula so i can focus on finishing another project. I'm wondering what a good asking price for it might be.

Here are the details:
1987 Firebird Formula 350, currently on its second owner
94K or so on the clock
Exterior is about a 7.5-8.5
Interior is immaculate
Former GM High Tech Performance project car with appearances in Car Craft magazine
383ci with Lunati forged rotating assembly, AFR 195 heads, Edelbrock lower intake manifold and full ported factory upper
FAST EZ EFI 2.0 ECM with Holley injectors and fuel pump
T56 six-speed swap with Ram clutch and flywheel
Weld RTS 18x9 wheels with Nitto NT05 tires
QA1 Pro coilovers, rear lower control arms and panhard bar
New AC system by Classic Auto Air, needs to be recharged, i just haven't done it since they installed the system as the engine was out of the car and it's winter now
It runs and drives great. Does probably need new brake pads and rotors
Stock wheels and original engine go with it, but i'm open to selling it cheaper without the Weld wheels






Last edited by TurboSteve; 02-20-2019 at 03:41 PM.
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Old 02-13-2019, 06:37 PM
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Re: 1987 Firebird Formula 350

I forgot to mention it has the Hawks/Stainless Works long-tube headers and MagnaFlow exhaust.

I have a general idea of what i would like to ask for the car, but I haven't been watching the market on Third-Gens so i'm hoping for a little insight.

Thanks,

Steve
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Old 02-14-2019, 12:17 PM
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Re: 1987 Firebird Formula 350

The engine made 384 hp at 5,800 rpm and 454 lb-ft of torque on an engine dyno. It'll make a lot more if you feel like swapping the intake manifold to a Miniram or maybe the Edelbrock ProFlo XT.
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Old 02-14-2019, 01:05 PM
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Re: 1987 Firebird Formula 350

beautiful car!
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Old 02-14-2019, 07:02 PM
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Re: 1987 Firebird Formula 350

Thank you. It's really nice, i just have another project that i want to focus on. I was thinking it was worth at least 10k as it sits.
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Old 02-15-2019, 05:53 PM
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Re: 1987 Firebird Formula 350

Man 200-plus views on the internet and no one has an opinion. Who would have thought.

Is $10k too much, not enough?
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Old 02-15-2019, 06:26 PM
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Re: 1987 Firebird Formula 350

And 110 aficionados- ya just gotta give some time for the buyers to find it.
Love those wheels!
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Old 02-15-2019, 06:48 PM
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Re: 1987 Firebird Formula 350

Awesome car! I dont think $10k is out of line....
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Old 02-19-2019, 10:45 AM
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Re: 1987 Firebird Formula 350

Great, now we just need to find someone to buy it!
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Old 02-22-2019, 10:56 AM
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Old 02-23-2019, 01:53 AM
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Old 02-23-2019, 01:54 AM
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Old 02-23-2019, 08:53 AM
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Re: 1987 Firebird Formula 350

Originally Posted by TurboSteve View Post
Thank you. It's really nice, i just have another project that i want to focus on. I was thinking it was worth at least 10k as it sits.
I was about to say something similar - but with an LS 6.0L - went for around $11,000 on here. But that car was an automatic and I'd rather have a 6-speed, myself.
That red interior, tho...

By my reckoning, you're probably in the right ballpark.

Last edited by DanielC210; 02-23-2019 at 12:30 PM.
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Old 02-23-2019, 10:33 AM
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Re: 1987 Firebird Formula 350

Thank you, Daniel.

I'd like to move it soon.
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Old 03-01-2019, 12:38 AM
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Re: 1987 Firebird Formula 350

She is a beauty! Personally, I am having a hard time with the 10K thing tho... guess there are quite a few F-body's out there, but hell- that is one CLEAN and well-done set-up. I guess the market will catch up with MY expectations in time but I feel our cars just should be pulling more than they are at currently. I would advertise on here for sure... cuts down on the scammers, etc. as well as if someone is searching on here, they already have a pretty good idea of their specific 'wants'. I sometimes think car shows may help in some cases too. A lot of our cars really MUST be seen 'in person' to get a better appreciation of the love, time and dollars we've sunk into our (most of the time) 'losing investments'- I don't think I've ever 'made' money or broken even(not that it's ever been my goal tho) on a car I've owned but I can say with a fair degree of certainty that I have made at least a few 'buyers' quite happy LOL. Someone should be overjoyed IMO with your Formula for 10K and I'm guessing it won't be FS for too long either...
GLWS!!
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Old 03-01-2019, 03:35 AM
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Re: 1987 Firebird Formula 350

Originally Posted by LC2Formula View Post
She is a beauty! Personally, I am having a hard time with the 10K thing tho... guess there are quite a few F-body's out there, but hell- that is one CLEAN and well-done set-up. I guess the market will catch up with MY expectations in time but I feel our cars just should be pulling more than they are at currently. I would advertise on here for sure... cuts down on the scammers, etc. as well as if someone is searching on here, they already have a pretty good idea of their specific 'wants'. I sometimes think car shows may help in some cases too. A lot of our cars really MUST be seen 'in person' to get a better appreciation of the love, time and dollars we've sunk into our (most of the time) 'losing investments'- I don't think I've ever 'made' money or broken even(not that it's ever been my goal tho) on a car I've owned but I can say with a fair degree of certainty that I have made at least a few 'buyers' quite happy LOL. Someone should be overjoyed IMO with your Formula for 10K and I'm guessing it won't be FS for too long either...
GLWS!!
I think the market and focus right now is on stock or nearly stock vehicles. At least in my area, clean unmodified cars sell for a lot more money than even well done "restomods".

In my personal experience, though limited, mods add no value to a car/bike/truck and in some cases actually detract from the value unless you find "that guy" who is looking for what you are selling.

That being said, if I were in the area and had 10k burning a hole in my pocket I would pick this car up in a heartbeat.
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Old 03-01-2019, 07:33 AM
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Re: 1987 Firebird Formula 350

man thats flat SWEET! I think third gen market is weak but I have no reason to see why it wont bring 10 look what you get in first gen for 10!
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Old 03-01-2019, 09:02 AM
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Re: 1987 Firebird Formula 350

I’d say $10k.. Mods usually detract from the price, but the look of the car is intact. Once you personalize a car too much you lose a lot of buyers.. These mods are tasteful performance mods that are desireable and show well.

A Formula with almost 100k miles would not even sell for $10k.. The Firebird market is weaker than the IROC market and as Someone said above, the top dollars are going to the untouched, original low mile cars..

If your underside is clean as a whistle that can help encourage buyers and I’d show it. With close to 100k miles some might think the underside is a little beat up and starting to show rust. Definitely a confidence builder for a buyer to see underneath..

I would maybe ask $11,500 and see what you get but I think around $10k is what it would sell for.

If the original wheels are in good shape maybe show those too. Any documentation, owner’s manual, warranty packets, window sticker.. People like to have that stuff..

I see mint factory original Formulas selling from $15-19k and that’s with under 20k miles. The higher price range under 10k miles..
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Old 03-01-2019, 09:06 AM
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Re: 1987 Firebird Formula 350

If the A/C is an easy fix I’d do that to get top dollar.. There are buyers who won’t touch a car without A/C..

Maybe do some detailing.. get that scuff on the nose addressed and buff out any scratches.. do a good polish and sealant and get some pics in flouresent or LED lighting that shows the paint condition.. white is tough and sunlight just makes it look “whiter”

Its hard to get top dollar when you people have a list of things to fix.. (not that it sounds like there’s much here)

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Old 03-01-2019, 10:53 AM
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Re: 1987 Firebird Formula 350

10k to right buyer but realistically probable around 8k you can get 10k for right buyer right time
so if your patient enough to sell then wait might take a min thirdgen is a niche market and firebird formula is a smaller niche
for the ones that go for above 10k they are usually fully restored and or untouch mint condition models
sadley modified thirdgens don't fetch higher $$ like other platforms do and only ones that I see that do get more $$
have been LSX swap cars with very clean bodies and people are buying the car but the selling point is the LSX drivetrain
market value for clean untouch models have been rising tho , but I don't see modified versions rise as well which kinda sucks
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Old 03-11-2019, 12:43 PM
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Re: 1987 Firebird Formula 350

I'm working on some of the minor issues now. I do have all of the original paperwork and receipts from the original owner. Plenty of documentation to go with it. The underside is clean, but unfortunately i haven't been able to get it on a lift to take some decent pictures.
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Old 03-16-2019, 08:46 AM
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Re: 1987 Firebird Formula 350

Thats a nice car. Look online at whats for sale in that condition...I did and I think it is worth $9-10k.
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Old 04-21-2019, 09:55 AM
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Re: 1987 Firebird Formula 350

Where is the car located?
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Old 04-21-2019, 12:05 PM
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Re: 1987 Firebird Formula 350

Florida, about 40 miles north of Tampa.
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Old 04-23-2019, 01:05 PM
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Re: 1987 Firebird Formula 350

Happy to say that the sale is pending!
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