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Is 5000 considered rare or no?

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Old Aug 3, 2006 | 02:38 PM
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Is 5000 considered rare or no?

OK, i got a 92 Z28.. apparently there were 5197 Z28's made in 1992 and there were 12,452 Z28's made in 1991. 1990 was different right?

1 of 5000 seems to be quite a low number to me but if you add in the Z28's from 1991 it becomes 1 of 17,649 which doesnt really seem that special anymore...

Is it worth keeping since it is a 92 Z28 or is it still considered as common as muck (as we say in Yorkshire )

Cheers,
Richard.
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Old Aug 3, 2006 | 02:47 PM
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Is it worth keeping? Sure it is, if you enjoy the car. Does it have the 350 TPI motor? If so, it's even more worth keeping.

1 of 5,000 isn't that rare, but it isn't that common, either. There are TAs and Formulas from the '92 model year that had even lower production. There were only 300 or so '92 Formula 350 cars with t-tops, for example, and only 3-400 '92 TAs with the 350 TPI motor.
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Old Aug 3, 2006 | 02:52 PM
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It has the 305 TPI but it does have T-Tops.. I guess there is no real way of telling how many were made with that exact RPO list, I guess if i listed all of the options there prob wont be very many identical cars but i figured when it comes to rareity (sp?) they all fall under the Z28 banner..

I only just acquired the car and it is gonna take a lot of work to restore it so wanted to get a feel for peoples opinion on if it would be worth it or not given the production numbers.

Thanks for your comments though
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Old Aug 3, 2006 | 02:54 PM
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It's also the 25th anniversary year, so that makes it a little more special.
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Old Aug 3, 2006 | 02:55 PM
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It does have a Z28 25th Anniversary badge on the dash so it must be extra special
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Old Aug 3, 2006 | 02:58 PM
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When determining relative rarity, you are right, it would be silly to do so based on the combination of all the RPO codes that your particular car has. However, engines are in a league of their own, IMO, because they are arguably the single most important option (a T5 is up there, too, but they only came with 305s).

So, a '92 Z with a 305 TPI is probably more plentiful and less desirable than a '92 Z with a 350 TPI.
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Old Aug 3, 2006 | 05:51 PM
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I fail to see what difference the rarity on non-rarity of your car has to do with whether or not you should keep it. Keep it and restore it if you like the car, and if it will bring you enjoyment.
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Old Aug 3, 2006 | 05:52 PM
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lol, i read this in another thread and some guy wanted to know if its rare, the way he was askin questions he wanted to triple the "for sale" price. 1 in 5000 isnt that rare.
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Old Aug 3, 2006 | 06:08 PM
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I am not going to base keeping it or not on how rare anyone thinks it is, i just want to get a feel for if anyone thinks it is a good ratio. If 1 in 5000 isnt a bad ratio in 92 when they were made, in ten years time when it is 24 years old how many you think will still be around? 2500? who knows.... Just trying to get a feel for peoples opinion...

1 white tiger is rare, but would 1 be rare if there were 5000 of them?
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Old Aug 3, 2006 | 06:17 PM
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I think rarity can determine wheter you are going to keep a car, too.

If you have a car that needs a lot of work, but is very common, you're probably better off finding a nicer example to buy, thereby saving yourself time, money, and frustration. If, however, the car that needs a lot of work is rare, it might make more sense to restore it, since you can't just go out and buy another one, and it's value might increase at a greater rate than common examples.
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Old Aug 7, 2006 | 01:19 PM
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I never understand these posts. Who cares how many were made? Back in the day when they made 300 Plymouth GTX's or something I could understand, but 3rd gens are production cars. There were millions of them. Just because it has a few options that others don't doesn't make it rare. Now desireability... that's different.
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Old Aug 7, 2006 | 01:34 PM
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I agree that the distinction between rarity and desirability is an important one. However, options do matter in the long run, if they are the important options, like the top-of-the-line engine.

There were a lot of GTOs made back in the day, but not a lot of Judges, and fewer still that were both Judges and Ram Air cars. Guess which ones make people go gaga these days?
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Old Aug 7, 2006 | 01:46 PM
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Now like my GTA is what you would consider sort of rare. 1 of 387 Midnight Russet Metallic cars made in 1987. A buddy of mine has a 95 TA, 1 of 43 Med Quasar Blue, also 1 of 13 M6 that was that color.
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Old Aug 7, 2006 | 02:31 PM
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A smart poster above said what I was planning to. Rare is cool, but desirable is better. The rarest car in the world that has no market interest is just going to collect dust. You've got a cool ride there - Considering all the boring cars I see on the street, that's pretty rare in itself.

Mike M
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Old Aug 7, 2006 | 03:14 PM
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Ok, is 1 of 5000 92 Z28's considered desirable?
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Old Aug 7, 2006 | 03:20 PM
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Yes, but not because there are 5000 of them, but because people like Z28's!

Like I said above, if there are like 300 of a car made, then production number comes into play... but at that number... I mean, there are plenty of undesireable cars that had limited productions!
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Old Aug 7, 2006 | 03:39 PM
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Originally Posted by aaron7
Yes, but not because there are 5000 of them, but because people like Z28's!

Like I said above, if there are like 300 of a car made, then production number comes into play... but at that number... I mean, there are plenty of undesireable cars that had limited productions!
OK so then it is def worth saving


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Old Aug 7, 2006 | 03:39 PM
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I had a 1 of 2000 25th anni T/A. Got a good penny for it too. Course that was an anniversary edition with the stripes and all.

Is your car rare? Maybe a little, but I wouldn't call it that rare. Sounds like a nice ride, just keep it.
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Old Aug 8, 2006 | 07:14 AM
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Originally Posted by Bull
There were a lot of GTOs made back in the day, but not a lot of Judges, and fewer still that were both Judges and Ram Air cars. Guess which ones make people go gaga these days?
Not to be a jerk, but all Judges were Ram Air III or IV. The GTO is a different story.

What do you want to do with the car? I recently sold a 93 Indy Pace Car. 1 of 645 made. It was rare and desirable, but I still sold it. The demand for the car isn't there yet, but I can see that it will be in the future. There were only 645 cars made with this interior that can't be duplicated. The car is also a Z28 and also a Pace Car. This car will be worth big $$ someday. What is your intention for the car?
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Old Aug 8, 2006 | 07:51 AM
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Originally Posted by scottmoyer
Not to be a jerk, but all Judges were Ram Air III or IV. The GTO is a different story.
Dammit, I think you're right, wasn't thinking properly when I typed that. But you can still see my point, I hope, as the RAIV cars are more desireable/rare than the RAIII cars.

Sheesh, corrected about a Judge by a Camaro guy, how embarrassing
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Old Aug 8, 2006 | 08:40 AM
  #21  
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Originally Posted by scottmoyer
Not to be a jerk, but all Judges were Ram Air III or IV. The GTO is a different story.

What do you want to do with the car? I recently sold a 93 Indy Pace Car. 1 of 645 made. It was rare and desirable, but I still sold it. The demand for the car isn't there yet, but I can see that it will be in the future. There were only 645 cars made with this interior that can't be duplicated. The car is also a Z28 and also a Pace Car. This car will be worth big $$ someday. What is your intention for the car?
My plans are to build a nice road car with plenty of HP (well what i would call a lot anyway, might not be that much to you US guys ), anyway, it will never be a show car or anything like that but i would like to make a fairly good stab at a half decent restoration.. I have tinkered with all of my cars in the past and have rebuilt the top end of many a 2 stroke m/c engine but have never done anything really major - it is something i have always wanted to do, like build a Kit Car or a M/C engined classic Mini or something but now i have moved over state side i decided to go V8 power I have always liked the shape of the 3rd Gen Camaro which is why i have ended up getting one, like i said, no plans for it to be a daily driver or a show car, just a nice Sunday toy for when i need to carry more stuff than i can on my Yamaha R1, plus my truck is my daily driver

The reason for the question is really if i did a reasonable job fixing it up, in ten years time how rare/valuable/desireable might it be given that there were only 5000 to start with and that was already 14 years ago!

I my experience back home, car prices never really go up (unless it is like a Ferrari or something) and cars only have a finite life expectancy, it would be very rare to see a car older than mid to late 80s running around and if you saw one from the 80s it would be a horrible beat up old thing... very rare to see anything restored.

Thanks for all the input guys
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Old Aug 8, 2006 | 11:57 PM
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Can I go play now ?
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Old Aug 9, 2006 | 02:02 PM
  #23  
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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
ITs all about Supply & Demand. The more exposure our cars get the more demand there will be for them. I tend to believe that the recent push for early 70's & late 60's Mopars has to do with the Nash Bridges TV show as before the show they did not seem to bring what there bringing now by any means.

Likewise I have a 1 of 42 89 Formula 350 Convertible. Yes its rare, but is it worth what I paid... probably not to many people, but its what I wanted. As the cars age they will appreciate, as there is exposure from TV, Magazine articles, etc then they will increase faster. It must be noted that not all 3rd gens will appreciate on an even scale.

The Firehawk & TTA have already seen a good return and are appreciating faster than any other 3rd gen. Next will be the 1LE (NO option) cars and then the 350 cars and then followed by the LB9 cars. In the mix will be Convertibles I passed on a V6 Convertible a few years back for $3000, it was good condition, but I did not want a V6. Chances are and historically speaking there will be a few key factors to the value of 3rd gens.

1) Horse Power, plain and simple it will sell a car and increase its value. (This is where the Firehawk and the TTA are winning the price battle.
2) Options, Options Options, if it has the goodies, chances are it will be more collectable.
3) 1LE, this goes back into the Horse Power category, when you strip the car down etc. I suspect a 1LE loaded car will not to be worth as much as a stripped race preped no-option 1LE.
4) Convertibles, Historically speaking a Convertible next to a Hard top of the same year and condition is generally worth twice its hard top counterpart.
5) Specialty cars, Cars like the Autoform Roadster, the Togan, or 87-90 ASC Firebird Convertibles will have a niche market.

Just some thoughts

John
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Old Aug 9, 2006 | 02:33 PM
  #24  
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Right, it's like keeping a 4 cylinder 3rd gen because it is rare. Sure it's rare, but it isn't worth jack to most people, and never will. Just like how 6 cylinder 1st gens still aren't very desireable.
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Old Aug 9, 2006 | 03:33 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
Originally Posted by aaron7
Right, it's like keeping a 4 cylinder 3rd gen because it is rare. Sure it's rare, but it isn't worth jack to most people, and never will. Just like how 6 cylinder 1st gens still aren't very desireable.
I think in many was a 1st Gen 6 Cyl car converted to a V8 is worth MORE than just leaving it a 6 Cyl.



John
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Old Aug 9, 2006 | 03:48 PM
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Car: '92 T/A WS6 Vert/1956 Chevy Nomad
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I love debates like this. It really gets me thinking.

Fortunately, I have a 1-of-663 92 T/A vert that is RARE and DESIREABLE. Cool.
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Old Aug 10, 2006 | 07:44 AM
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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
Originally Posted by gcgarner
I love debates like this. It really gets me thinking.

Fortunately, I have a 1-of-663 92 T/A vert that is RARE and DESIREABLE. Cool.
What ultimately will be interesting is the values of some of the specialty cars... I notice that the Autoform roadsters are gaining in price, it will be interesting to see how some of the other cars do... My concern is the ASC Firebird verts from 87-90 as I own one.

John
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