My 85 IROC as an example.

1# condition: $16,800
#2: 11,400
#3: 9,200
#4: 6,600

http://www.hemmings.com/priceguide/

JamesC

 

That's very interesting to see. The last time I looked up my IROC's value at NADA, it put the value at about $2500.

 

My 92 Z28 Heritage edition convertible

#1 - $22,000
#2 - $14,625
#3 - $10,500
#4 - $8,250

 

My 89 Iroc w/305.....

1. $18,650.
2. $11,900. = Excellent condition.
3. $9000.
4. $6,250.


It's a pretty basic valuator....

But, these cars were well received when new. Enough so that people bought them and socked them away.
When you factor in their age and how few you see out there on the streets, and the fact that you can buy one in unrestored like new condition today.... in some cases for way less than these values.... that = bargain in my book, no restoration $$ needed .... just add gas and throttle

 

Wow, I'm impressed.

1989 Pontiac Firebird Trans Am GTA
Coupe 2dr

$9,056
(All dollar amounts are in US dollars)
See this vehicle's value history...

Notes: -10% for 6-cyl (exc Pace Car). -10% for 305/190 V8 on GTA. +10% for T-tops. -15% for auto.


4
$6,500

Condition 4: Fair
#4 cars are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the fender has a minor dent. The interior could have split seams or a cracked dash. No major parts are missing, but the wheels could differ from the originals, or the interior might not be stock. No major customizations have been made. A #4 car can also be a deteriorated restoration. "Fair" is the one word that describes a #4 car.


3
$8,350

Condition 3: Good
#3 cars could possess some, but not all of the issues of a #4 car, but they will be balanced by other factors such as a fresh paint job or a new, correct interior. #3 cars drive and run well, but might have some incorrect parts. These cars are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. No major customizations have been made. "Good" is the one word description of a #3 car.


2
$12,550

Condition 2: Excellent
#2 cars could win a local or regional show. They can be former #1 cars that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and interior will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine compartment. The vehicle will drive as a new car of its era would. No customizations have been made. The one word description for #2 cars is "excellent."

 

Its Hemmings values...............That should say it all cuz them
folds are in DREAMLAND !!!!!!!!!!

 

Interesting. I'd say my car is inbetween 1 and 2. I can't claim 100% original to quite make 1, but it's close. It's odd how mileage isn't a factor.

1987 Chevrolet Camaro IROC-Z
Coupe 2dr 8-cyl. 350cid/225hp TPI

Average Value
$9,420

Values by Condition
Notes: +10% for t-tops. (I have them )

4: $6,900/$7,590
3: $9,400/$10,340
2: $12,000/$13,200
1: $18,600/$20,460

Not that any of this matters, I ain't selling.

 

Well, pleased to report that even with my Z being in what I would consider to be fair condition, I bought mine for under what it's valued. Makes me feel a whole lot better! Was also pleased to see the line graph showing the uptick in value over the last 5-6 years. Not that I plan on selling it, but it's just nice to see. So glad to just finally have one!

 

From what I see on a number of on line sales and auction sites, those prices are a bit high, especially for the #3 and #4 condition cars. I still see "daily drivers" currently sell for a good bit less than $4000.

 

Actually I think those prices are not way out of the ball park, maybe just a little... I have seen many for less, but the more time goes on the higher the values appear to be, especially really nice cars on ebay and the like.

I will not complain about the prices tho...

 

They seem a bit high. No way I will get 35000 for my TTA

 

From what I have seen advertised, some people think they can...

John

 

1992 Pontiac Firebird Trans Am GTA
Coupe 2dr 8-cyl. 350cid/240hp EFI
$10,018
See this vehicle's value history...

Notes: -10% for 6-cyl. +10% for T-tops. -10% for 305/205 V8 on GTA.
4
$7,000
3
$9,600
2
$13,700
1
$19,700

I get to add 10% for T-Tops but take away 10% cause it's the LB9. I'll just add another 40% for the SLP package and call it a day haha!

All B.S. aside, I think the high price is a bit low. Only $19,700 for a true museum quality ultra low mileage "concours" quality 1992 Trans Am GTA? I think not, more like $30K. I mean read their description of 1. I would say their 2 price is spot on, but their 3 and 4 prices are too high IMHO.

 

I would beg to differ. Although really nice to think that a perfect ultra low miles car would pull $30,000 I would think you would be sitting on that for a long time right now... I have never seen a GTA (not including TTA) go for that much in today's market.

John

 

Very true however top echelon cars never are a quick sale because the seller needs the money, but rather sell quite higher often setting new records for sale amounts because they can wait for that just right buyer. These are really the category 1 cars Hemmings is referring to. I can recall a 91/92 Z28 going for like $40K at BJ a few years ago. Right place, right time. I'm not disagreeing with you, just trying to point out a category 1 Hemmings car is something special, if and when they even exist.

 

That 91/92 Z28 was a 1LE If I remember correctly, it went to a dealership which I believe it still sits for sale, or at least it was not too long ago.

 

Ah, good to know!