85IROCzzz

iTrader: (1)

Just wanted to make a thread to show some of the nice thirdgens that are being sold at the Barret-Jackson Scottsdale auction that's going on throughout the week. This is happening literally 10 minutes from my house so I'm going either Friday or Saturday morning.

First up is an 1988 IROC that seems to be modified for racing. Looks like a really clean car:
http://www.barrett-jackson.com/appli...&aid=443&pop=0

Here's an 87 IROC 'vert that claims to be one of only 744 ever built:
http://www.barrett-jackson.com/appli...&aid=443&pop=0

Interesting that is says all original except the interior has some god awful ugly metal panels slapped on it (IMO).

On to an 89 GTA Pace Car. Very clean looking car, I've always had a thing for white thirdgens cause my first one was white:
http://www.barrett-jackson.com/appli...&aid=443&pop=0
And that is all! Wow only 3 thirdgens total! Nonetheless, very nice cars.

I'm curious to see what they go for.

Dartht33bagger

I'm going to have to look out for these. I always like to see third gens cross the block, even though they don't get very much attention by the announcers or the crowd.

SKELITOR117

iTrader: (3)

Sweet man.

mantaguy

iTrader: (5)

They'll be on the block during a commercial.

ROCFATHER

Im not impressed with any of these cars except the GTA. None the less its nice to see some 3rd gens getting some attention!

Dartht33bagger

Sigh....you are probably right too

eseibel67

Don't feel bad. There's only 1 Mustang and a handful of Corvettes from the 1980's at this auction. It's just not the right venue for this era.

TTA's will always be collectable. They were from day one, and that the reason that excellent examples don't fetch a good price. By 1989, the muscle car boom was in full swing and plenty of smart people socked these things away. Now you can buy one, any day, at any mileage you prefer for a reasonable price.

82tarecaro

iTrader: (4)

A TTA with a salvage title sold yesterday for 19800. It wasn't even in great shape - the steering wheel was worn, driver's seat looked worn, console was coming apart, missing original plug wires, etc
http://www.barrett-jackson.com/appli...&aid=443&pop=0

KMK454

Very surprising... the other TTA in the original post looks like it could be a mid-20s car, but none of them are particularly amazing.

ZZ3 Z28

The '87 vert has an aftermarket radio and steering wheel as well. The carpets look odd to me. They look worn but the carpet color and the kick panel colors are way off from each other. I have pics of my '86 from back then and the carpet, kick panel, and door panel colors are all a close match.

lunaticinaZ

85IROCzzz I like your car better than the other ones lol. sweet ride man

cerberus

YAWN, with the exception of the TTA,the others dont even compare to what we have on this board or my car.

TheGr8erG00d

iTrader: (2)

The TTA is the only one with any chance of bringing any money. Other than a cracked up driver's seat, it looked pretty good. The vert just has a TBI, but at least has an original engine. The ugly aftermarket steering wheel sticks out like a sore thumb. The 88 Iroc just looks like your average Iroc that someone's done an engine swap on. Nothing spectacular. It's not even dressed up all that much.

On one hand, I'm glad to see thirdgens on Barrett-Jackson, but on the other hand, it's cars like these that keep the public from being excited about them.

cerberus

BINGO



If any buyer is interested in this car you know they will be looking at this thread. Thirdgen gets lots of visitors doing research

KonArtist

iTrader: (1)

Is it me or are the insets on the vert iroc wheels suppose to be dark grey or something not black?

Confuzed1

iTrader: (4)

I like all of them myself....

- hard to find any '88 IROC with 318 miles. I'll admit, not original drivetrain but really...unless you're some kind of collector looking for a 100% pure factory car, who'd want the original 305 slug anyway?? But it would be worth a lot more to a collector if it were all original.....-That engine and trans is worth quite a bit alone. That engine is a swap, yes but not your run-of-the-mill 305 to 350 swap. Looks like an all aluminum engine to me...I bet it's more rust free than about any car on this board. Just not sure if it's tame enough for any street use. Bet it has to have 100+ octane gas too...

- The '87 Convertible...sounds like it might be real rare, but I haven't done my homework to see if it's legit. Looks real nice though...and ad says it may not be emissions legal in all states?? Looks like the original 305H to me...This one actually interests me the most...simply because it's a drop-top, which always demands top dollar and are always more popular.

-The TTA, looks like the reserve is set at 24K and some change. I agree that these cars are great bargains for a collector that has some storage space. 10 years from now, and you'll make money by selling....but how much?? Guess if you got it cheap enough...hmmm...

two-if-by-sea

iTrader: (22)

No, it was a no reserve auction. It sold for $24,750.

Confuzed1

iTrader: (4)

Makes sense...!! I just glanced at it...

cerberus

White stripped horrid iroc sold for 17k

They should have said more about it. Because it was touted by the tv guys as 300 mile iroc like brand new.

All that did was hurt us.

82tarecaro

iTrader: (4)

That TTA wasn't worth 24K. It was not in great shape. It had over 45K miles, the driver's seat was worn, it was dirty underhood, etc. It makes me wonder about that auction, and if things are really selling for that price, or if they make it appear as if it sold to inflate the value of collector cars.

ZZ3 Z28

$17K? Great now swinging banana is gonna want that type of cash for theirs. One sale does not create a market.

scottmoyer

The problem with BJ and other multi day auctions is that the big money is available during "prime" hours. Thursday night and early Friday are not prime. Saturday at noon is not prime. They schedule the cars they believe will bring in the big money when they know the people with big money are in the building. If you take two identical cars from the same collection with the same mileage, but sell one during "prime" hours and the other at 5:15 Thursday night, you'll see a huge difference in the amount they sell for.

In reference to the cars listed: The 88 IROC-Z is a modified car! It might have 318 miles, but the car had the engine and tranny replaced. Isn't that the heart of the car? The shell is one thing, but a complete package would've brought even more. Anybody looking at a 3rd gen, low mile values will see that the price is low because it's not original.

The 87 IROC-Z is 1 of 744. There were only 744 Z28 verts built in 1987. Is it rare? Who knows. Will it bring extra $$, probably not. Taking a car like this to BJ isn't expecting much when the car looks horrible under the hood and also very dirty carpets and seats. The car is the LG4 (weakest IROC engine in 87), replacement stereo, replacement steering wheel, brushed aluminum dash, etc. This is a used car, not a colectible in the present condition. Also, the center caps are correct for 87.

The TTA sold for what it did because of what it is. All 89 Pace Cars were the Turbo Trans Ams and only 1555 were built. There is a huge following of collectors that only collect Indy Pace Cars. This car is not in too bad a shape and can quickly and easily be brought back to mint condition. The owner at least enjoyed it before he's selling it.

I'd say that the prices I see are not out of line with the cars and their condition. I also wouldn't expect to see the 87 IROC-Z sell for more than $6k. If it does, then the seller found the right buyer!!!

scottmoyer

What are you complaining about? That's $17k for a car with 318 miles, a custom built race engine and transmission. My car has almost 19k miles on it and I was recently offered close to $20k for mine! In 2004, I was offered $16k and refused it. A bone stock original 1988 IROC-Z with 318 miles would have pulled in even higher dollars. It's because the car is modified that it didn't bring more!

NufNuffZ28

iTrader: (10)

Wow, I wasn't really impressed with them.


Yes, the Iroc wheels are INCORRECT being black....

82tarecaro

iTrader: (4)

Scott - I bought my TTA last year with less miles, in a heck of a lot better shape then that car for quite a bit less. The market recently has dropped even further. I have seen cars with less then 10K miles not even get 20 grand. I think the prices are inflated there. While the prices they got are good for the thirdgen market, they are not realistic.

Confuzed1

iTrader: (4)

17K was LOW for a '88 IROC?? I fully agree...well maybe...if it was an original 350 car.

All the 305 cars will never be near as collectable...Drive train was worth more than the "shell"...Wish it would have still had the original drivetrain available....IF it was an original 350 car....then yes, it would have been worth big $$...but if it was a 305, I'd drop it in IF the car would ever really become collectable.

Personally, I think 24K for a 45,000 mile TTA is in the ballpark. A much lower mileage one in top condition would almost double that I would think.

If true...only 744 built, I "think" I know...it's RARE...even more rare than a TTA....w/o near the drive train. Less desirable, But it IS a convertible.

You nailed it when you said the highest prices normally come on Friday and Saturday nights at these auctions...more bidders against one another. I'm thinking of taking a trip to Mechum this spring on an "off" time to see what "normal" prices are for us non-collectors...I just like nice old cars.

scottmoyer

Are we talking about the rims themselves or the center cap? The center cap is correct as black for '87. The rims themselves, being black, is incorrect. I might've misinterpreted what the insets were.

cerberus

Negative, 1st year IROC with TPI will bring the money. after that I may agree in part. 1st year of any perfromance option where they put best foot forward will always smack down hard dollars.

IROCZTWENTYGR8

iTrader: (1)

He's not saying that 305 cars won't bring in good money and not be collectible, just that they won't bring in as much or be as collectible as 350 cars. That is true. The combination that would bring in the most after an L98 G92 would be an LB9 G92 M5 and then a car like yours.

cerberus

What about 1LE cars?

IROCZTWENTYGR8

iTrader: (1)

It goes the same combination-wise. L98 Auto then LB9 Manual as far as worth/collectibility.

KMK454

Most people who like manuals will end up willingly paying a premium for one, so the values will likely be more equal across L98 auto/LB9 T5.

Confuzed1

iTrader: (4)

There's always exceptions to that rule, although I also agree with you in part.

My Vin 7 1983 HO isn't even considered a hot collectable. It's a perfect example of what you're describing. It was a higher performance car that was put on the market in mid-year to attempt to compete with the Mustang at the time...

It did that fairly well, but all-in-all, it was still a smog era 305 with a slightly higher compression, more aggressive timing curve and more aggressive rear gearing among other things. Only available that year in 5 speed only. It was exactly as you describe - a first year performance option L69 "HO" option in which GM was trying to put their best foot forward.

IROCZTWENTYGR8 is right though in that a low milage excellent condition 305 (IROC or Z28) will bring decent cash on the market...but the most collectable ones will be the TTA's, IROC and Z28 350's and high end models such as the GTA's, etc....

Next on the list will be super low milage, excellent condition IROC TPI 305's and so forth. LOTS of IROC's were built, so only the best of the best will truly be collectable.... IMO...all the others are just "driver type" cars. That's why I guess I don't disagree in taking a high milage beat-on Z or IROC and modifying it and making it your own.

I still have my original engine, computer and everything I took off the car...just in case..but I'm not really holding my breath that it'll ever become a true collectable. If it were a very low milage and excellent condition car when I got it, those parts would still be on it.

82tarecaro

iTrader: (4)

Vin 7 is a Crossfire LU5. A HO should be VIN G.

Confuzed1

iTrader: (4)

Nope - not in '83....

Jason E

I disagree a little bit

A G92 M5 is worth more than my non-G92 M5 TA (yeah yeah, I know, no such thing as a G92 Firebird...whatever...), but I don't necessarily agree that an M5 TPI is worth much less than a 350 car, if at all. As a matter of fact, for the right buyer I'd say its worth the same or potentially more.

I am amazed what 5 speed TPI IROCs bring on eBay. Unlike 350 cars, it seems any good ones always have strong bids. 350s seem to be more hit-or-miss, likely because there are more of them.

I'm not claiming to prove here a TPI 305 M5 is worth the same or better than a 350, but I wouldn't necessarily say its worth significantly less, either. I think Charlie and I would both pay more for one, actually

82tarecaro

iTrader: (4)

You're right. LU5 is S in 83.

Confuzed1

iTrader: (4)

Thanks!....but I do own one after all...lol

If I go to some of the big car parts chains, it lists the Vin 7 as a TBI car for that year...funny thing is, there's a carb available for it!!

IROCZTWENTYGR8

iTrader: (1)

Sure, there are those who would pay more to have a manual trans in the 2nd most powerful combination. But in general, the L98s command the most cash and are more desirable. An L98 T5 probably would have been the most sought after car, a shame really.

articwhiteZ

iTrader: (56)

Wow. alot of cash getting handed over. did anybody see the Dusty ford pony car found in a tucked away place. go for over $350.000.

87 player bird

[quote=Jason E;5157037]I disagree a little bit

A G92 M5 is worth more than my non-G92 M5 TA (yeah yeah, I know, no such thing as a G92 Firebird...whatever...),

My 87 trans am has LB9, G92, MM5. So yes, they did build them.

NufNuffZ28

iTrader: (10)

I was talking about the wheels themselves

ray jr

iTrader: (2)

24k for a 45,000 mile tta is ridiculous ... this auction is way over inflated.. 9,000 and 10,000 mile tta's bring 22,000-23,000 .... a friend of mine bought a mint one last year with 11,000 miles on it for 22,000 ...leather,t-tops and one owner .... i know where there are 2 tta's for 23,000 with 10,000 miles on them ...and 23,000 is the asking price ...probably get either one for 21,000 ..

82tarecaro

iTrader: (4)

Yep - I have to agree. They are not bringing that money these days. Who in their right mind would pay 10 grand more then the car is worth?

ray jr

iTrader: (2)

i just found a beautiful tta with 26,000 miles for 19,500 or best offer ... who ever bought that tta with 45,000 for 24k thats not even in that good of condition (looking at drivers seat ) got ripped ..

eseibel67

BJ isn't the real world. The guy that bought the 45,000 mile TTA probably bought 3 additional cars that he shelled out a total of $200k to acquire. The TTA was just a hot apple pie on the side.

The savvy buyer that does his homework can get a great deal on a beautiful third gen by buying private. We don't fit into the BJ mold. Not yet anyway.