Whats my vert worth?
#1
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Car: 1988 Iroc Convertible
Engine: 350
Transmission: Standard
Axle/Gears: 4.10
Whats my vert worth?
So based on my research (correct me if I am wrong) my RPO indicates Sport Coupe Package 4. My first question based on what you see was the IROC body kit added or is that part of the package 4?
Secondly, what do you think it is worth? I love it regardless but I would rather have a T-Top I think. I wanted to clear up the details before I listed it so I don't misinform.
I know the guy I bought it from swapped out the L03 its a carb 350.
Any info is greatly appreciated!
Secondly, what do you think it is worth? I love it regardless but I would rather have a T-Top I think. I wanted to clear up the details before I listed it so I don't misinform.
I know the guy I bought it from swapped out the L03 its a carb 350.
Any info is greatly appreciated!
#2
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Re: Whats my vert worth?
In 1988, the Sport Coupe had the same ground effects as the IROC-Z, but they were painted either silver or gold. It's not hard to paint them the same color as the car and try to pass it off as an IROC-Z. The Z03 RPO code shows the car as a factory convertible, as does the 3 in the 6th position in the VIN. The previous owner created an IROC-Z clone. In 1988, all IROC-Zs had the RPO Z28, and I don't see that here.
So what you have is a 1988 Sport Coupe convertible.
So what you have is a 1988 Sport Coupe convertible.
#3
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Re: Whats my vert worth?
Yup... Someone changed the grill, added foglights, changed the wheels, badging, etc. Also from the SPID it was a 700R4 automatic originally.
What would really stand out between a real 88 Iroc and a clone, would be if the suspension wasn't completely upgraded the clone wouldn't drive at all like an FE2 car.
I'd look up the NADA collector car value for an 88 Camaro sport coupe convertible. Subtract a bit for the mods. It's open to debate whether a modded Sport Coupe is worth more or less than a stock Sport Coupe. It'd be less than an all original car, and a clone is worth less than the real thing (by a lot). But then a lot of people don't really care, they're not collectors or concerned with what's real vs a clone.
What would really stand out between a real 88 Iroc and a clone, would be if the suspension wasn't completely upgraded the clone wouldn't drive at all like an FE2 car.
I'd look up the NADA collector car value for an 88 Camaro sport coupe convertible. Subtract a bit for the mods. It's open to debate whether a modded Sport Coupe is worth more or less than a stock Sport Coupe. It'd be less than an all original car, and a clone is worth less than the real thing (by a lot). But then a lot of people don't really care, they're not collectors or concerned with what's real vs a clone.
#4
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Car: 1991 Z28
Engine: 305 TPI
Transmission: 700R4
Axle/Gears: 3:42 Auburn
Re: Whats my vert worth?
From the looks of it you have a really clean car. I think that is your selling point.
If you look at the collector car value and go by their criteria the car is worth about 5k. That said I think on the open market you should be able to get somewhere in the 8K range for your car. I think I would ask in the high 9's to start. As Drew said only real collectors will pass on this car or try to lowball you. Most won't know the difference. The average buyer will just see a really clean, nice running, (i assume) 1988 Camaro vert. And that is how I would represent it.
If you look at the collector car value and go by their criteria the car is worth about 5k. That said I think on the open market you should be able to get somewhere in the 8K range for your car. I think I would ask in the high 9's to start. As Drew said only real collectors will pass on this car or try to lowball you. Most won't know the difference. The average buyer will just see a really clean, nice running, (i assume) 1988 Camaro vert. And that is how I would represent it.
#5
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Re: Whats my vert worth?
The interior looks weathered and lived in but would probably be considered average for a convertible this old. You can see the front lower corner of the door panels are curling up because the cardboard got damp and warped. I would look into replacing the carpet, the console lid and replacing the front seats (or all of them if you can) with some good seats from a fourth gen. As others have brought up the car is not original so changing the seats would help you. Those items would cost you $300-600 but could bring the price up a grand or so. That's supposing the exterior and engine really are in good shape and the car has less than 150,000 miles. The shifter and steering wheel are not my taste but that's a personal taste.
If this is a question for insurance like an agreed upon value I would insure it for $12,000 which is the max you could get for one of the convertibles so it's not outside of conventional for insurance. Also if you get rear-ended it's easy to total out these convertibles because they are not actual factory convertibles. Totalled out on a 12K car is 8-9K worth of work and totaled on a 5K car is only 4K, which isn't much damage...
If this is a question for insurance like an agreed upon value I would insure it for $12,000 which is the max you could get for one of the convertibles so it's not outside of conventional for insurance. Also if you get rear-ended it's easy to total out these convertibles because they are not actual factory convertibles. Totalled out on a 12K car is 8-9K worth of work and totaled on a 5K car is only 4K, which isn't much damage...
Last edited by Tibo; 10-14-2017 at 10:58 AM.
#6
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Car: 1988 IROC Z Convertible
Engine: 305 TPI (LB9)
Transmission: 700 R4
Axle/Gears: G80 GU2
Re: Whats my vert worth?
There’s a lot we don’t know about the car.. how many miles? Etc
So we know it’s not an IROC
It has a motor swap
It probably has some other non original swap outs
You can find a TPI IROC convertible in good condition with say 50k miles pretty much un-molested and original in the $15k Range.
I’d say a clean non-IROC that is not original but looks and runs good and doesn’t need anything to be driven could bring $6k-8k.
You get points for the Vert but lose points because people really want TPI IROCS and will wait for one to come along and pay a bit more.
This is just based on the prices I’d see around when I was extensively searching out a Vert..
Insurance will insure a low mile original IROC Vert for $20-25k but it’s hard to get that much selling them, though some will try. They are slowly getting there.
There’s a guy selling an 87 5-speed Vert with super low miles in Black that’s in unbelievable condition for $34k.. it’s heart breaking that it’s carburated and there’s no way that car is worth that without TPI.. if it was TPI I’d throw him an offer..
If you get a T-TOP car, get a 5.7 TPI or a TPI 305, 5-speed and it will be more desireable..
So we know it’s not an IROC
It has a motor swap
It probably has some other non original swap outs
You can find a TPI IROC convertible in good condition with say 50k miles pretty much un-molested and original in the $15k Range.
I’d say a clean non-IROC that is not original but looks and runs good and doesn’t need anything to be driven could bring $6k-8k.
You get points for the Vert but lose points because people really want TPI IROCS and will wait for one to come along and pay a bit more.
This is just based on the prices I’d see around when I was extensively searching out a Vert..
Insurance will insure a low mile original IROC Vert for $20-25k but it’s hard to get that much selling them, though some will try. They are slowly getting there.
There’s a guy selling an 87 5-speed Vert with super low miles in Black that’s in unbelievable condition for $34k.. it’s heart breaking that it’s carburated and there’s no way that car is worth that without TPI.. if it was TPI I’d throw him an offer..
If you get a T-TOP car, get a 5.7 TPI or a TPI 305, 5-speed and it will be more desireable..
#7
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Car: 1988 Iroc Convertible
Engine: 350
Transmission: Standard
Axle/Gears: 4.10
Re: Whats my vert worth?
Cool, I have new plastics and door pannels on the way. As well as coil over a-arms, wonderbar, and frame connectors It says 55k miles on the odo but who's to say that wasn't swapped. I love the car it's clean it runs great but. Personally knowing it's not an iroc bothers me. I didn't know anything about them when I found it so I really didn't know what to look for other than the basics. Thanks guys this info is greatly appreciated. At this point I am just going to make it as fun as I can and not worry as much on making it original.
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#10
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Car: 89 Firebird
Engine: 355 TBI
Transmission: 700R4
Axle/Gears: 10 Bolt.Posi-3.73s
Re: Whats my vert worth?
Car looks good. All the changes its went through have probably helped it IMO. Should bring atleast 5k. Nice car.
#11
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Car: 1988 IROC Z Convertible
Engine: 305 TPI (LB9)
Transmission: 700 R4
Axle/Gears: G80 GU2
Re: Whats my vert worth?
Have fun with it! There’s a lot of improvements you can make for pretty cheap that will make it more fun for you and make it sell quicker if you make the jump to another 3rd gen..
#12
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Car: 1988 Iroc Convertible
Engine: 350
Transmission: Standard
Axle/Gears: 4.10
Re: Whats my vert worth?
Thanks! I think I decided to keep fixing it up. Going to put a 383 in it as soon as the suspension parts are updated.
#13