RockinGTA89

yeah i know i don't have money for it
but it's always in my dreams!....going for 95k right now on Ebay....http://www.ebay.com/itm/Pontiac-Firebird-Formula-Firehawk-11-1992-pontiac-firebird-firehawk-11-one-of-only-25-built-by-slp-/201066861018?forcerrptr=true&hash=item2ed084d1da&item=201066861018&pt=US_Cars_Trucks

akanitro

iTrader: (2)

I wish I had the money to pick this up. Definitely a collector's piece. I still think he is asking too much though. Just My Opinion.

mjdavis68

iTrader: (1)

I am a 3rd genner all the way but $95K? ....KEEP IT..no way that cars value is in that much demand.

PAFORM350

TTOP350

iTrader: (8)

I'm guessing you don't know what kinda money the last base 92 hawk changed hands at.

formula forever

WOW! Thanks for sharing this! I've always wanted to witness one of these come for sale. Def if I had the money this would be coming home.. Onky 2800 miles crazy.

IMissMy86TA

so what do you guys value this at?
I say it would sell at 50-60K

stealtht/a

iTrader: (1)

It's worth what someone will pay. I'm surprised it would go for that much, but also pleased to see its so valuable.

IMissMy86TA

Just my feeling. I mean there was a extremely low iroc that sold close to 30 and besides miles it was nothing special!
had 4.3 miles on it!


https://www.thirdgen.org/forums/hist...mile-iroc.html

akanitro

iTrader: (2)

I was guessing value somewhere in the 60-70k range at most. It does not have all the firehawk race options. Just basic Firehawk. I know there were only 25 built and I would love to have the vehicle but if I am going to pay 100k, I want one of the comp package ones. Again, just my opinion. I am sure there are others out there.

TTOP350

iTrader: (8)

My understanding is the last base Hawk sold for something close to your high guess. Will this one go for 95? I doubt it but it could get close.
This car was on Denver C-list for awhile.

okfoz

Was that not Jim Mattisons for a while?

TTOP350

iTrader: (8)

Yes. I have pix of him with it.

92GTA

iTrader: (11)

A base 'Hawk for nearly $100K

I remember when they were going for $25K like they were falling of trees and full comp cars were going for between $45 and $80K. Of course that was 10yrs ago

Jesus I'm staring to get old and realizing I didn't make the best decisions on investments

More power to him though, I hope he holds out for what he wants

Alex

IMissMy86TA

Yeah thats why I bought a few years something I thought would be worth something that I could drive occasionally. its not about the money but the love of these cars that makes me keep it. also that I know my son will be happy with it when I am gone.

eseibel67

That Firehawk is awesome. I have a fuzzy old rainbowed VHS recording of Don Garlits doing a review on one that looks just like it.

eseibel67

Don't count in it. Executor of your estate will sell it for peanuts. Check how many nice Model A's are for sale. Old guy's baby for 40 years, but after he dies, offsping couldn't care less. It's just another $12k to disperse.

And besides, the classic car your boy is going to want is some kind of Hyundai turbo.

IMissMy86TA

well he is 14 and loves it now.. and our cars are no model a....

okfoz

Model A? My father actually has a 1929 Model A it has something like 60,000 original miles on it. Interestingly it was his first car, and was originally purchased in 1929 as a repo by my great grandmother, the original owner could not pay the $700 so the bank took it, my Great Grandmother drove it for a while, then my father drove it through High School and college... It has been repainted once, it is a 2 door coupe and has the orgiginal interior under some seat covers. Value: $10,000 on a good day.

eseibel67

Don't mind if I keep taking this topic off track, but when a car as young as 20 years old is commanding twice (or more than triple in the case of the JY 1LE Formula) the original new selling price, it's time to get into the philosophy of this finicky hobby.

The price bulge wave typically follows 30 years behind. The scenario goes like this:

A 15 year old boy first sees a hot new car in a magazine (or on YouTube I guess?). While boy is standing at the bus stop, live sample of of new car roars by and a permanent subconscious connection is made in his brain - someday he will own one. At age 45, his children are teenagers that have thier own seperate social lives so they don't need his time anymore. He not only has everything he needs to get by, he is debt free and has $10k in the cooler. Then one day he's pumping 87 octane into his daily transportation when the car of his boyhood dreams rumbles into the pump right beside him and the connection is re-established. Not being a car guy, he goes home, gets on his laptop and overpays for a good, but not particularity noteworthy version of his dream car.

57 Chevies entered this demographic early. That Grandaddy of Amercian bling has had it's finest moment, and they are now easier to buy than they were even 10 years ago. The 60's musclecars also became collectible before thier time, simply because the "performance" cars that followed were a joke. Even so, the 2nd gen F bodies (even the later ones) have been in the heat of escalating values for a few years now.

Is there any doubt that the 3rd gens are next? Even if they are late? Great styling, and in the proper configuration, acceptable performance will assure the top models will be on more "wanted" lists soon.

And what a shame about that Model A. A nice example of a legend can be had for $10k. But that's the game - waxing & waning supply & demand.

okfoz

Here are some things to consider before "investing" in a car
For grins... 1991/1992 the Dow Jones was between 2000 and 3000, high of around 3500, Today it is 16,000, at worst case scenario if you would have invested $39,999 into the Dow you would have quadrupled your money in 23 years to almost $160,000, and that is without touching it..

Inflation from 1992 or 1991 something $39,999 it would be worth $68,950 in 2014...

Therefore, inflation adjusted, the Firehawk outpaces Inflation but not the stock market.

Unfortunately the only people that benefit from inflation is the Government...

IMissMy86TA

No one said it was a good investment... its an investment of love.

zya5point0

iTrader: (4)

Still think the 9K I paid for my IROC wasn't that bad of a deal...Documented original 1 ownerttill 08 But look at the Buick Grand National...I've been looking for a nice relatively stock one since last summer. Really decent ones pop up all the time in the mid-teens. Which I'm happy to pay when I find the right one.

okfoz

I too would like to own a GN.. for my wife...

paul_huryk

Seems to be a function of the older musclecar market being up in the stratosphere lately. Guess rare 3rd gens are being picked over too.

One could have picked up a Gale Banks 1984 turbo transam that went 220mph for about $85k late last year on ebay...

zya5point0

iTrader: (4)

^^^^^^The one that he built for Car And Driver?? I'd pay that money for that piece of history!

simo

Sold for $25,300 at Scottsdale Barrett Jackson in January 2014.

C&D Gale Banks Trans Am

92GTA

iTrader: (11)

"and a special Acme Acrylic enamel in standard red paint this Trans Am was able to high 200mph" WTF lol. For real? They put something in the paint to what, make it smoother? lol

zya5point0

iTrader: (4)

I assume a little sarcasm? What, you, like most of us third gen owners get your *** handed to you by one at one time but still bitter, lol. Sorry, but I've always admired them

zya5point0

iTrader: (4)

Wow, that cheap for a magazine car?? Can't believe I missed that one!

paul_huryk

That is the one!

Guess a 200mph 3rd gen is not worth too much, but a Firehawk is. Those silly collectors.

82tarecaro

iTrader: (4)

Yeah - stouter then anything in your Formula collection.

Linson

Does anyone at TGO own a 91-92 Firehawk?

92GTA

iTrader: (11)

Quite a few of us actually have and do

t_towner

Interesting read. Haven't been on here for quite a while and hate that I just missed the dual snorkel air cleaner.

Anyways, having owned 4 firehawks I would guess the value to be between 60 and 80k now. Probably lower 70's?

Most are still low mileage examples but they need to be looked over carefully because many sat in a garage and have extensive flash rust underneath.

RockinGTA89

that's why dem birds or anthing 3rd gens. need to be driven from time to time....to get the rust out! haha!

mjdavis68

iTrader: (1)

It's apparent i don't buy im sticking to my statement

PAFORM350

Ghettobird52

WOAH! My eyes popped when i seen that price!!!!