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Old Jul 9, 2012 | 07:47 AM
  #1  
mich2112's Avatar
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From: Williamsburg, VA
Car: 1991 Z28
Engine: 350 L98
Transmission: 700R4
Axle/Gears: G92 - 3.23
Value question

One owner, 55k miles, 91 Z28 with leather, L98, G92, Bad paint, needs tires and tune up.
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Old Jul 9, 2012 | 12:10 PM
  #2  
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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: Value question

My guess is an all original car, with good paint and runs good 55K would be in the neighborhood of $10,000 to $15,000 range... in the condition you stated, if it is just paint, and no rust, I would think $6000 range might not bee too bad... lower miles 350 cars are at a premium.... Look at craigslist. or ebay...
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Old Jul 9, 2012 | 01:27 PM
  #3  
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Re: Value question

Originally Posted by mich2112
One owner, 55k miles, 91 Z28 with leather, L98, G92, Bad paint, needs tires and tune up.
There are only two questions:

1. What are you willing to pay?
2. What is the owner willing to accept?

Nothing else really matters.
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Old Jul 9, 2012 | 01:30 PM
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Re: Value question

Originally Posted by mich2112
One owner, 55k miles, 91 Z28 with leather, L98, G92, Bad paint, needs tires and tune up.
If ebay's any indication, prices lately are not favorable to sellers. A mint grey '88 IROC with only 9,600 miles on it just sold for $12,500, and it was absolutely impeccible and has to represent the very top of the market right now.

http://cgi.ebay.com/ebaymotors/?cmd=...K%3AMEWAX%3AIT

Prices drop pretty rapidly from there. This '92 with 22,000 miles on it only bid up to $6,400 (and has been on ebay more than once over the past few months)..

http://cgi.ebay.com/ebaymotors/?cmd=...%3AMEWAX%3AVRI

And then there recently was a rare '91 R7U Canadian Player's car that only bid to $8,600 and didn't meet reserve. Granted, it was higher miles (86,000) but it looked nice and you'd think with that rarety, it would have at least bid over 10k.

http://cgi.ebay.com/ebaymotors/?cmd=...K%3AMEWAX%3AIT

I wish I could say different but none of this bodes very well for anyone trying to sell right now. Just using my gut, without seeing your car, I'd say you'd be looking at 5k or so, maybe a little more if it presents well. You've got to figure from a buyer's perspective that a paint job these days runs 3-4k and tires another 700-800. I don't know what you mean by "tune up" but plugs, rotor, distributor cap, plug wires, etc. can run a few hundred as well.
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Old Jul 9, 2012 | 06:58 PM
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Re: Value question

Kinda depends on where you are (and where it is).

Nice car, in terms of options and such.

In really good shape, just needing a fresh coat, I'd guess $5k or so. If the interior is getting rough, correspondingly less. Any rust, ALOT less. Preeeemo condition except faded paint, maybe a bit more.
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Old Jul 9, 2012 | 07:52 PM
  #6  
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Re: Value question

Originally Posted by sofakingdom
Kinda depends on where you are (and where it is).

Nice car, in terms of options and such.

In really good shape, just needing a fresh coat, I'd guess $5k or so. If the interior is getting rough, correspondingly less. Any rust, ALOT less. Preeeemo condition except faded paint, maybe a bit more.
On this note, the original poster, IMHO, would be best served by doing the "tune up" himself before putting it up for sale. Buyers are going to beat him up pretty badly over the tires and paint as it is. If the car is running poorly on top of all that, it's just going to drive the price down all that much more.

When I was a buyer, I was always dubious of the "she just needs a tune up" claim. I was always suspicious that this kind of statement was a convenient way for the seller to hide things like vacuum leaks, bad fuel injectors, bad sensors, burned valves, or a myriad of other things that can cause these cars to run badly. If it truly just needs a tune up, then spring the $200 bucks and just do it!
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Old Jul 9, 2012 | 08:09 PM
  #7  
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Re: Value question

Slater, two of the cars listed were bare bones cars. Most people want options. These cars might be "rare" in that they are low miles or were specially built, but when looking at buying a 20+ year old car, especially a performance car, certain options are a must. I am always interested in low mile cars, however, if they have the base interior, I lose interest. Power windows/locks/rear defrost, etc don't mean anything for me, but the door panels and seats just look tacky. If these cars had the custom interior only, I bet the price would be higher.

As for the R7U car, that is something most people don't know much about. So, in all reality, it's just another 86k mile car. With the instrumentation being metric, most people in the US will keep looking for a car that they won't need to spend money to convert. The R7U car is pretty much limited to export customers. I'd bet the bidding would have gone up considerably on this car if it had English instrumentation.
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Old Jul 9, 2012 | 09:07 PM
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Re: Value question

Originally Posted by scottmoyer
Slater, two of the cars listed were bare bones cars. Most people want options. These cars might be "rare" in that they are low miles or were specially built, but when looking at buying a 20+ year old car, especially a performance car, certain options are a must. I am always interested in low mile cars, however, if they have the base interior, I lose interest. Power windows/locks/rear defrost, etc don't mean anything for me, but the door panels and seats just look tacky. If these cars had the custom interior only, I bet the price would be higher.

As for the R7U car, that is something most people don't know much about. So, in all reality, it's just another 86k mile car. With the instrumentation being metric, most people in the US will keep looking for a car that they won't need to spend money to convert. The R7U car is pretty much limited to export customers. I'd bet the bidding would have gone up considerably on this car if it had English instrumentation.
I'm with you on the base interior. It looks cheaper, especially the uncarpeted console. I prefer lower option cars, but I'm glad mine has the custom interior. Maybe the black '92 suffered as a result? Also, black/red could be a tough sell. I think most would prefer black/black. And that car came in so low in the bidding (and more than once), that I can't help but wonder if there are other reasons for the low bids. Even as sparse as it was, $6,400 seems mighty low.

The R7U car puzzled me though. I figured that would generate some healthy bidding. That car had the custom interior and power options, and an interesting pedigree. No, not a lot of people outside the enthusiast realm know about the R7U, but then again, who knows about 1LE cars other than Camaro nuts? I also thought the car was well presented in the listing. The only demerits I saw were an aftermarket stereo, a faded steering wheel and broken shift boot ring.

As to it being Canadian, my admittedly limited understanding is that all Canadian certified cars built since 1988 are considered by the EPA to meet U.S. emissions standards, and the vast majority built during that time period are considered by NHTSA to meet U.S. safety standards and can be imported as "conforming" vehicles.

The speedo contains MPH markings, albeit not the primary markings. So would you even have to change it? And even if you did, God knows that hasn't stopped many a U.S. F-body owner from swapping out a speedo for a different version, LOL! Seemed like half the cars I looked at had the wrong speedo (from an '85 with a "double pointer" unit to many others with the 145 MPH units).
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