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Looking at a 92 Jamica Yellow Formula

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Old Apr 18, 2009 | 10:08 PM
  #1  
FYRCHKN's Avatar
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From: Bastrop, TX
Car: 1988 SC Convertible
Engine: LT-1
Transmission: 700R4
Axle/Gears: 3.23 posi w/PBR's
Looking at a 92 Jamica Yellow Formula

I'm looking into getting a 92 JY Formula with a black cloth interior. The car is in excellent condition with a little over 150K miles. I have a pic of the RPO sticker.

It was originally an LB9/T-5, but now has a 350 TPI. Still has the original black crosslace wheels. It's got J65, WS6, CC1, and N10.

What's a ball park value of a car like this?
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Old Apr 18, 2009 | 10:42 PM
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Re: Looking at a 92 Jamica Yellow Formula

Is it the JY car currently posted in the for sale section? Repainted a brighter yellow? Original engine is gone and no telling the real accident history. Have you seen it in person?


I'd say $2,500 tops from the pic's I've seen. Kool car but no real collector value IMO. .
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Old Apr 18, 2009 | 10:57 PM
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From: Bastrop, TX
Car: 1988 SC Convertible
Engine: LT-1
Transmission: 700R4
Axle/Gears: 3.23 posi w/PBR's
Re: Looking at a 92 Jamica Yellow Formula

Yes, I've seen it in person several times, been in it, under it, and over it with a fine tooth comb.

The plan would be to take it back to visually original, correct bumper, hood, and paint.
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Old Apr 19, 2009 | 07:14 PM
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Re: Looking at a 92 Jamica Yellow Formula

I agree wih t-towner, no more than $2500 if it needs a repaint and not an original motor car.
Mark
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Old Apr 23, 2009 | 08:37 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
Re: Looking at a 92 Jamica Yellow Formula

The way I had it figured...

add $2500 for Quality Paint and supplies (based on the last time I did a paint job MYSELF) PLUS the price of a decal set, not too expensive in the long run... AND the time to do the job...

I would still end up with a 150K mile nice car.

Personally I have a Front bumper, headlights and everything that I would need to put the car back to original on hand. It was just too much work for the $5K+ that he is asking... It is a great looking car IMHO, but too many unknowns...

If the car had the original bumper, and was in the original JY color W/original type decals (repainted or not) I would have been more likely to be all over it... 350 is not a huge deal breaker because it has a lot of miles anyways.

I hope that helps.

John
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Old Apr 23, 2009 | 06:35 PM
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From: Bastrop, TX
Car: 1988 SC Convertible
Engine: LT-1
Transmission: 700R4
Axle/Gears: 3.23 posi w/PBR's
Re: Looking at a 92 Jamica Yellow Formula

Thanks for your help. I was looking at the car for my Father-in-law. He is primarily interested in a 2nd gen T/A since he fell in love with my '79, but he likes my '91 too. Due to the fact of the rarity of the JY Formulas I thought it might be a good one for him to get. He has a friend that does amazing paint/body work that would put it back to the correct color for free once we sourced a correct nose and hood. I thought it might have some collector value once it was put back to at least original looking.

The car is actually a very, very nice car. It belongs to a member of my local thirdgen club. I'll relay the information that yall provided to my F-I-L and see what he decides to do.
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