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What do you think a rare 92 350/t-top formula is worth

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Old Aug 17, 2005 | 08:01 PM
  #1  
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From: St. Louis
Car: RS
Engine: LS1
Transmission: T56
Axle/Gears: 9" for the ladies
What do you think a rare 92 350/t-top formula is worth

I know the factory never kept combo records but does anyone have a guess how many 350/ttop combo 91-92 cars there were.

For those that know you very few 350 cars in 91-92 came with t-tops. In fact some say zero camaro's came with that option.
The only way to get it was on a formula.
Well I found a nice white one with the 350/t-top combo. It even has the dual cat option. It has the correct black GTA wheels which was the only way to get the tops. Forgot to look, but it almost has to have 3.23/posi/disc rear. Thats the good.
The bad. It has 140K. The paints good except for the nose paint is chipped. Don't think the nose it's self is.
Mechanically, don't know yet. Tranny fluid wasn't totally pink, so who knows. Would have to drive it. Could just be old.

Anyone have a legitimate guess what you would pay for this car? Maybe you've seen one go for X dollars on ebay.
I would hope maybe $3500-4000 because of the rare options.
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Old Aug 17, 2005 | 08:39 PM
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From: Kingston, Tn
Car: 1987 GTA
Engine: LT1
Transmission: T56
Axle/Gears: 9 bolt 3.70 posi
NADA which what most banks use shows 3300 (low retail price) -5300 (high retail price)

And KBB shows about 4400 for it retail which isn't bad at all.
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Old Aug 17, 2005 | 09:56 PM
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From: Palm Springs, Cali
Car: 91 Formula
92 Formula 350's with t-tops are worth restoring, no matter what condition you find it in.

I've never even seen one for sale becuse most people who have them, keep them.
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Old Aug 17, 2005 | 11:18 PM
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From: surrey b.c. canada
Car: 89 Iroc
Engine: lb9
Transmission: wc t-5
Axle/Gears: 10 bolt 3.08 posi
i'd get it no matter what running shape, remember a good body is hard to find, rebuilding a motor is cheap and easy
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Old Aug 18, 2005 | 08:09 AM
  #5  
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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
I would say depending on the condition since I don't have pix and I want one some day....

144K miles, T-top Formula 350

Keep in mind it appears that all Formula 350s from "mid" 89 and up have dual cats. It was a standard option (oxymoron), also is "should" have the Aluminum Drive-shaft... The car was poised to fight the Mustang GT head on for performance and price.

$3000 on the low end would be a GREAT buy no doubt about it. Especially if the rust is minimal. Dents and dings are no biggie, but as soon as you ad rust in the equation then it because considerably more problematic. In my book at least.

Even with those miles I would expect that the high end the car is in pristine condition, well taken care of, no rust, body is straight, interior is clean. I have seen them as high as 8,000.

Personally I would rather start with a nice shell and rebuild the engine and trans, trying to keep the original engine & Trans intact if possible for a numbers matching car.

The chipped nose may be a tell-tale sign of hidden problems, and worth a good look over before your purchase. Although all paints appear to have problems sticking to the rubber fascias, The original paints seem to have better adhesion. I would suspect some sort of re-paint. Blues and silvers show a problem with the primer/sealer in the later 80's and 90's as the primer was not UV stable and the blues and silvers require less pigment, causing more UV exposure, causing pealing, which may be a reason for a re-paint.

BTW, If it was yellow and I had the money I would give more for it. but that's me.


John

Last edited by okfoz; Apr 14, 2010 at 07:55 AM. Reason: spelling
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Old Aug 20, 2005 | 08:56 PM
  #6  
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From: Palm Springs, Cali
Car: 91 Formula
http://cgi.ebay.com/ebaymotors/350-T...QQcmdZViewItem

This looks like one that has been repainted.
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Old Aug 20, 2005 | 10:34 PM
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From: St. Louis
Car: RS
Engine: LS1
Transmission: T56
Axle/Gears: 9" for the ladies
I went back today and looked at it.
It's got dumb little things that add up I guess. T-tops are scratched. Cup holders are loose.
I think the nose is the way it is because they bumped something.
The dealership was asking $2999 so you could probably get it for $2000-2500 because they took it as a trade so I can guarentee they have less then a grand in it.
Couldn't drive it because someone had just taken it out and the starter was over heated and didn't want to engage.
But its definitaly an '8' in the vin. Build date of 8/92.
Stock as can be.
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Old Aug 21, 2005 | 02:29 AM
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From: surrey b.c. canada
Car: 89 Iroc
Engine: lb9
Transmission: wc t-5
Axle/Gears: 10 bolt 3.08 posi
take a look underneath, look for frame damage and rust, other hten that t tops scratches and loose cupholders are such a small thing i'd grab it for sure
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Old Aug 21, 2005 | 04:41 AM
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From: COLUMBUS , MISSISSIPPI
i thought it was very common for the lexan T-Tops to be scratched anyway.Does this mean you arent going to buy it now?
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Old Aug 22, 2005 | 09:19 PM
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From: St. Louis
Car: RS
Engine: LS1
Transmission: T56
Axle/Gears: 9" for the ladies
I don't think I'll get it. It's just a lot of little things to fix.
I wonder though if the last camaro was made 8/27/92 according to that ebay ad in the other thread and this car has a build date of 8/92 being that it is such a rare optioned car it could very easily be the last 350/t-top made. To bad there probably no way to tell even from PHS.
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Old Aug 25, 2005 | 09:53 AM
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In a couple more years no one will be able to touch a car like that for less than $5,000. Assuming of course that internal combustion performance cars are still legal anyway.

If you keep track of the market the cars that are valuable are the performance oriented variety. It doesn't have to have every option as long as it has the performance options. A 92 Formula with the L98 (R6P) has ALL of them standard. First you've got a no-nonsense body with an agressive hood and spoiler for a unique look, bold graphics, and 16" wheels. Then the performance options... dual cats, 3.23 posi rear end, most have rear discs although some didn't... Put it all in one package and you've got a combination that will be desired like a 70 LS6 Chevelle or a Hemi Cuda.
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Old Aug 25, 2005 | 02:14 PM
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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
Drew is correct, I am almost considering sitting on my Formula 350 for a couple of years. Right now its getting hard to find a 350 car for less than $3000, unless the seller is ignorant to its value. Right now there are some ignorant sellers, but not much longer.

John

Last edited by okfoz; Apr 14, 2010 at 07:55 AM.
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Old Sep 4, 2005 | 11:45 PM
  #13  
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From: Plymouth, WI
Car: 1992 Formula Firebird
Engine: 305 TPI
Transmission: 5speed
Axle/Gears: limited slip/3.42
See if you can get it documented through Pontiac Historical Services. If it is indeed a 350 engine with T-tops, and factory stock, it would be worth something. But I can tell you this: You could not order the 350 and T-tops together in 1992. I know , I tried. That isn't to say that it didn't happen, but you couldn't order it that way. My 1992 Formula (that I ordered), had the LB9 and T-tops, among other options.
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Old Sep 5, 2005 | 12:01 PM
  #14  
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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
You could order one, there are several 1992 T-top Formula 350's and a few 1991's too... I have seen the SPID sheet for several, and I know there legit..

John
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Old Oct 2, 2007 | 10:05 PM
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From: MA
Car: 1995 Formula; 1976 Trans Am
Engine: LT1; None
Transmission: T56; None
Re: What do you think a rare 92 350/t-top formula is worth

Since I took a pic to prove the existence of the '92 t-top and 350 combo, I might as well share it, even though this thread is very old.

My car is a '92 Formula. 8th digit of the VIN is "8" and the VIN on the SPID matches the one on the base of the windshield. Here is the data sticker, so you can see the CC1 option and the L98 together:

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