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1989 IROC 344 original miles

Old 10-10-2018, 05:41 PM
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1989 IROC 344 original miles

I have first shots on this car. Original owner no rain No snow.

350 Auto Red

What is it worth?
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Old 10-10-2018, 06:04 PM
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Re: 1989 IROC 344 original miles

What options?

Any pictures?

Overall condition? While I realize it's got stupid low miles, that doesn't always translate into having been stored properly.

Hagerty currently shows a #1 "Concours" average valuation at $29,700...but I'm not completely confident that figure is accurate.

Their current valuations: for a 1988 L98 IROC-Z:

#1 Concours $29700
#2 Excellent $22500
#3 Good $15400
#4 Fair $11,400

Add 10% for T-tops.

Noticed your username, and pic...did you work at Norwood? My uncle worked there for decades--his name was Bobby Gosnell. I used to pester the daylights out of him asking questions about the thirdgen.
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Old 10-10-2018, 06:31 PM
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Re: 1989 IROC 344 original miles

More than a breadbox, less than the national debt.

Check NADA Collector value. Crosscheck with completed listings on Ebay, and divide by Barret-Jackson to get hypothetical value. Or just look at the car in question, and try to forget about it for as long as possible. When you can't stand another sleepless night tossing and turning in bed, kicking yourself for not buying it already, get with the seller and whatever you can agree on and can afford, is the fair value.

Simple. Right?
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Old 10-10-2018, 07:14 PM
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Re: 1989 IROC 344 original miles

What do you do with a car like this???
Put it in your living room and look at it?
IMO, cars like this are useless - you cant drive it, you cant sell it because your going to pay an
uber high price to acquire it and therefore it will be years of sitting on it before it goes up
in value enough to make a profit - meanwhile it starts to deteriorate due to non use, not to mention
the storage issue you have - you better have a fully climate controlled facility for this car....it goes on and on
If you cant drive it and enjoy it - why own it ?? IMHO
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Old 10-10-2018, 07:30 PM
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Re: 1989 IROC 344 original miles

Cars like this are cool but how do they even exist?? Who thought to buy a thirdgen new and never use it? Or who has enough money to buy a new car and never drive it? Just seems crazy to me.
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Old 10-10-2018, 07:31 PM
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Re: 1989 IROC 344 original miles

This is the kind of car I didn’t want.. exactly BizJetTech.. You pretty much have to buy it and sit on it..

Also storage is a concern.. I saw an IROC with 3000 Miles that looked pretty bad underneath.. had a budget repaint and the interior was dingy with a faded steering wheel.. Would have sworn it was 103k Miles.. The original owner passed and his wife put the car outside for years unfortunately..

What good is a premium on a low mile car that looks old and worn..
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Old 10-10-2018, 08:06 PM
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Re: 1989 IROC 344 original miles

I totally agree with BlizJetTech. If I spend $ on something I like to use it. I would be scared of this car.
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Old 10-10-2018, 08:21 PM
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Re: 1989 IROC 344 original miles

Agreed on usage. I think these are just awesome to observe kinda in a 20 car climate controlled garage with security out front fantasy. Throw this in there too.
http://www.autotrader.ca/go/19-10780309
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Old 10-10-2018, 08:22 PM
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Re: 1989 IROC 344 original miles

Technically itís still under 400 miles so under the rules for GM factory evaluation testing this car would still qualify as ďnewĒ with 344 miles on it.

its a hard top. Original sticker was $18k and some change

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Old 10-10-2018, 09:10 PM
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Re: 1989 IROC 344 original miles

I tend to agree. If it’s so nice it can’t be driven, what’s the point?

I had a 1964 Galaxie 500XL for nearly 20 years. Bought it from the original owner for a song, 30,000 miles. Everywhere I went, I got the same advice...”you shouldn’t drive that, you should save it, and one day it will be really valuable”. Best advice I never took. I drove that car for over 200,000 miles, and enjoyed the daylights out of it. Sold it for slightly more than I paid for it. Sold it nearly 20 years ago, and my wife STILL mentions that car, and how much she misses it. I doubt she or I would remember it more fondly had we simply stared at it for 20 years.

Same with my ‘88 L98 IROC. I’ve driven the daylights out of it over the past three years. I have a 1993 LT1 Corvette I bought in January (85,000 miles) that’s getting an average of 500 miles or so a month on it.

The irony is, I know more about what it’s like to drive an IROC than some people who’ve owned one for 30 years, because it’s out on the street at a minimum 3-4 times a week. Is it worth a lot? Probably not...but I bought it to enjoy...if I wanted something pretty to look at as an investment, I’d have bought a painting.



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Old 10-10-2018, 09:15 PM
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Re: 1989 IROC 344 original miles

Pics would be great, Phil. But I'd have to drive it at least a little bit.
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Old 10-10-2018, 10:25 PM
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Re: 1989 IROC 344 original miles

Sure thing...I will be going to see it this weekend.
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Old 10-10-2018, 11:06 PM
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Re: 1989 IROC 344 original miles

Originally Posted by CPC Norwood View Post
Technically itís still under 400 miles so under the rules for GM factory evaluation testing this car would still qualify as ďnewĒ with 344 miles on it.

its a hard top. Original sticker was $18k and some change

its a hardtop , thats a bonus .. thats gotta be a 30k car
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Old 10-10-2018, 11:25 PM
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Re: 1989 IROC 344 original miles

Originally Posted by CPC Norwood View Post
Sure thing...I will be going to see it this weekend.

Best of luck! Take lots of pictures.
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Old 10-11-2018, 09:58 AM
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Re: 1989 IROC 344 original miles

Originally Posted by Galaxie500XL View Post
I tend to agree. If itís so nice it canít be driven, whatís the point?

I had a 1964 Galaxie 500XL for nearly 20 years. Bought it from the original owner for a song, 30,000 miles. Everywhere I went, I got the same advice...Ēyou shouldnít drive that, you should save it, and one day it will be really valuableĒ. Best advice I never took. I drove that car for over 200,000 miles, and enjoyed the daylights out of it. Sold it for slightly more than I paid for it. Sold it nearly 20 years ago, and my wife STILL mentions that car, and how much she misses it. I doubt she or I would remember it more fondly had we simply stared at it for 20 years.

Same with my Ď88 L98 IROC. Iíve driven the daylights out of it over the past three years. I have a 1993 LT1 Corvette I bought in January (85,000 miles) thatís getting an average of 500 miles or so a month on it.

The irony is, I know more about what itís like to drive an IROC than some people whoíve owned one for 30 years, because itís out on the street at a minimum 3-4 times a week. Is it worth a lot? Probably not...but I bought it to enjoy...if I wanted something pretty to look at as an investment, Iíd have bought a painting.





Nice car!!! I try to drive the toys as much as possible spring to fall. Unless it's raining or going somewhere not toy friendly I will enjoy them.
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Old 10-11-2018, 11:39 AM
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Re: 1989 IROC 344 original miles

A friend in the Dallas area sold this '87, L98, G92, leather, Bose, with Gatorbacks, 6,500 mile IROC for $25,500 this past Summer through an Ebay auction. BTW it's your money...do with it as you wish.


Last edited by GASPEDDLER; 10-11-2018 at 11:43 AM.
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Old 10-11-2018, 02:08 PM
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Re: 1989 IROC 344 original miles

That’s a beautiful car!
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Old 10-11-2018, 03:04 PM
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Re: 1989 IROC 344 original miles

I'm not sure of the value but sounds like it should be a super nice car.. Good luck!
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Old 10-14-2018, 07:44 PM
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Re: 1989 IROC 344 original miles

Originally Posted by Galaxie500XL View Post
I tend to agree. If itís so nice it canít be driven, whatís the point?

I had a 1964 Galaxie 500XL for nearly 20 years. Bought it from the original owner for a song, 30,000 miles. Everywhere I went, I got the same advice...Ēyou shouldnít drive that, you should save it, and one day it will be really valuableĒ. Best advice I never took. I drove that car for over 200,000 miles, and enjoyed the daylights out of it. Sold it for slightly more than I paid for it. Sold it nearly 20 years ago, and my wife STILL mentions that car, and how much she misses it. I doubt she or I would remember it more fondly had we simply stared at it for 20 years.

Same with my Ď88 L98 IROC. Iíve driven the daylights out of it over the past three years. I have a 1993 LT1 Corvette I bought in January (85,000 miles) thatís getting an average of 500 miles or so a month on it.

The irony is, I know more about what itís like to drive an IROC than some people whoíve owned one for 30 years, because itís out on the street at a minimum 3-4 times a week. Is it worth a lot? Probably not...but I bought it to enjoy...if I wanted something pretty to look at as an investment, Iíd have bought a painting.



Great looking car but IIRC Maui Blue was never offered on IROCs.
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Old 10-14-2018, 08:17 PM
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Re: 1989 IROC 344 original miles

True..in fact, the RPO indicates the car was originally black..

However, I wanted an original L98 car, and the previous owner had gone to unusual lengths to paint the car blue. It had been completely disassembled, including the engine bay, and painted correctly. There’s nothing visible that shows the original color, even under the door panels. Since I was buying it to drive, and such a nice job had been done with the paint, I was OK with the car being Maui Blue.
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Old 10-14-2018, 08:51 PM
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Re: 1989 IROC 344 original miles

Originally Posted by Galaxie500XL View Post
True..in fact, the RPO indicates the car was originally black..

However, I wanted an original L98 car, and the previous owner had gone to unusual lengths to paint the car blue. It had been completely disassembled, including the engine bay, and painted correctly. Thereís nothing visible that shows the original color, even under the door panels. Since I was buying it to drive, and such a nice job had been done with the paint, I was OK with the car being Maui Blue.
I think it looks fantastic. Always thought an IROC would look good in Maui Blue, now I know it does. The decals are the right color for the paint color.
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Old 10-15-2018, 06:14 AM
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Re: 1989 IROC 344 original miles

Car is 100% legit and I have made an offer. Offer is contingent on the owner locating the original title which he misplaced in his files inside his house..
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Old 10-15-2018, 06:17 AM
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Re: 1989 IROC 344 original miles

Originally Posted by CPC Norwood View Post
Car is 100% legit and I have made an offer. Offer is contingent on the owner locating the original title which he misplaced in his files inside his house..
Congratulations!

Iím assuming if they canít find the original title, they could apply for a replacement?
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Old 10-15-2018, 10:12 AM
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Re: 1989 IROC 344 original miles

I would rather not have a blemish on the Car Fax if it can be avoided.
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Old 10-15-2018, 12:20 PM
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Re: 1989 IROC 344 original miles

Originally Posted by CPC Norwood View Post
I would rather not have a blemish on the Car Fax if it can be avoided.
Good move.
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Old 10-15-2018, 01:50 PM
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Re: 1989 IROC 344 original miles

Owner should be able to file for a replacement title from the state without incurring the wrath of the Carfax. Not like it really matters though since Carfax isn't entirely infallible, and it's not like a 350 mile car is ever going to be licensed, titled, driven...
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Old 10-15-2018, 02:14 PM
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Re: 1989 IROC 344 original miles

Originally Posted by Drew View Post
Owner should be able to file for a replacement title from the state without incurring the wrath of the Carfax. Not like it really matters though since Carfax isn't entirely infallible, and it's not like a 350 mile car is ever going to be licensed, titled, driven...
True - but for all collectors that purchase a car and dont get a title in their own name - keep one thing in mind....
A title issued by your state of residence is the way to prove ownership - ask your insurance company -
generally, they will not cover any type of "loss" unless you have a state title in the name of the insured owner,
and the title is the only acceptable proof of ownership - a hand written note on the back of a napkin is useless.
I always have the seller sign an official bill of sale and have it notarized as well - but lawyers tell me the State title
in the owners name (with the VIN of the car) is the only official "proof of ownership"
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Old 10-26-2018, 09:35 PM
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Re: 1989 IROC 344 original miles


Original mileage
Well he is unable to locate the original title so we made the deal on a replacement title. He tossed in a nearly complete mint deluxe charcoal interior from a 1987 T - Top car too- Seats, trim panels door panels basically everything as a way to soften the title issue.

I will be picking everything up up next week and I will have to take materials to get the car safely off of a slope from the garage where it is stored now. This is an issue since rain and erosion has changed the angle of approach to the paved driveway surface so much that I will have to bridge it with heavy plywood in several places to get the car out and off the slope without damage.
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Old 10-27-2018, 09:18 AM
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Re: 1989 IROC 344 original miles

Originally Posted by CPC Norwood View Post

Original mileage
Well he is unable to locate the original title so we made the deal on a replacement title. He tossed in a nearly complete mint deluxe charcoal interior from a 1987 T - Top car too- Seats, trim panels door panels basically everything as a way to soften the title issue.

I will be picking everything up up next week and I will have to take materials to get the car safely off of a slope from the garage where it is stored now. This is an issue since rain and erosion has changed the angle of approach to the paved driveway surface so much that I will have to bridge it with heavy plywood in several places to get the car out and off the slope without damage.
Can't wait to see pics, Phil!
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Old 10-27-2018, 09:21 AM
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Re: 1989 IROC 344 original miles

Congratulations CPC Norwood!
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Old 10-27-2018, 10:09 AM
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Re: 1989 IROC 344 original miles


Car was never waxed.
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Old 10-27-2018, 10:11 AM
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Re: 1989 IROC 344 original miles

Originally Posted by CPC Norwood View Post
Car was never waxed.
.....and you think that adds value how ????
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Old 10-27-2018, 10:20 AM
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Re: 1989 IROC 344 original miles



Sorry, but I got you beat.....
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Old 10-27-2018, 11:27 AM
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Re: 1989 IROC 344 original miles

Congrats Phil! I am so glad there are people out there who are able to obtain and properly maintain time capsules like this as it's is beyond my means to do so.
Looking forward to pictures.
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Old 10-27-2018, 11:49 AM
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Re: 1989 IROC 344 original miles

Originally Posted by CPC Norwood View Post

Car was never waxed.
Decal delete car?
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Old 10-27-2018, 12:07 PM
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Re: 1989 IROC 344 original miles

Originally Posted by CPC Norwood View Post

Car was never waxed.
If the car never gets wet, doesnít accumulate dust and never sees elements, you donít need wax..

looking forward to the pics! Always good to see a real time capsule
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Old 10-27-2018, 12:12 PM
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Re: 1989 IROC 344 original miles

Originally Posted by 88IROCvertZ View Post


If the car never gets wet, doesnít accumulate dust and never sees elements, you donít need wax..

looking forward to the pics! Always good to see a real time capsule
I disagree, as paint ages a coat of wax can be very beneficial, even if you dont expose it to any weather
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Old 10-27-2018, 12:32 PM
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Re: 1989 IROC 344 original miles

Originally Posted by BizJetTech View Post
I disagree, as paint ages a coat of wax can be very beneficial, even if you dont expose it to any weather
Well, I wouldnít store a car without waxing it.. but, If the car is kept clean, dry and covered in a climate controlled environment it would probably be fine and indistinguishable from a waxed car.

If the car is in a normal garage where thereís temperature change, humidity, etc, wax could help prevent oxidation.

I have seen low mile cars cars that were stored pretty well but still needed paint correction because of oxidation even though the paint almost never spent a day outside.

Iím a big fan of wax, believe me.. my 2012 Tahoe with 140k miles paint still looks brand new because I do swirl removal and Polymer sealant twice/year.. It has never been garaged but will outshine most garaged daily drivers because people donít maintain their carís finishes.

Hopefully this car was not painted in Van Nuys because that would be benificial to the finish holding up.
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Old 10-27-2018, 01:35 PM
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Re: 1989 IROC 344 original miles


Of course it is an LA car. Norwood was being demolished already in 1989.

RPO DX3 is on the window sticker. The car was sold new at Classic Chevrolet in Mentor Ohio, and it is very likely I looked at this particular car on the lot back in 1989. The salesmen there ordered lots of DX3 cars back then, they called it the sleeper look and it sold well locally. They always had about 25-30 Camaros on the lot then at any particular time.
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Old 10-27-2018, 04:52 PM
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Re: 1989 IROC 344 original miles

Well from that photo it looks like it had a cover and the paint looks like it has luster still.. that’s good..

I wasn’t sure when Norwood production stopped.. My Vert was Van Nuys and the original paint held up reasonably well, but the repaint is far superior..

A high end Detailer I know found an all original very low mile Grand National and corrected the paint to look like brand new flawless paint and then he put film on it to protect the original paint. I don’t know if I’d do that, but it does look awesome and can never get scratches swirls or chips again..

He said it would probably cost someone as much as a paint job to do what he did, but it’s preserved, flawless original black paint..
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Old 11-03-2018, 01:09 PM
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Re: 1989 IROC 344 original miles



I just picked it up
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Old 11-03-2018, 01:30 PM
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Re: 1989 IROC 344 original miles

THATS a 344 mile car ????
Hmmmmm......
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Old 11-03-2018, 02:02 PM
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Re: 1989 IROC 344 original miles

Your right... my bad it really has 344.8 miles on it complete with factory ZR Eagles.
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Old 11-03-2018, 02:05 PM
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Re: 1989 IROC 344 original miles

Originally Posted by CPC Norwood View Post
Your right... my bad it really has 344.8 miles on it complete with factory ZR Eagles.
Useless - they are shot - I know this without even asking - looks like the car was not stored properly (maybe even outside)
But good luck with it
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Old 11-03-2018, 03:12 PM
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Re: 1989 IROC 344 original miles



It was stored in a garage by the original owner for 29 years. There is a lilttle dirt and spider webs on the tires since it was a tad bit damp when we got it out.

Condition? Take a look within the top of the wheel at all the mint plated surfaces. Whole car is like this.
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Old 11-03-2018, 03:23 PM
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Re: 1989 IROC 344 original miles

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Old 11-03-2018, 06:17 PM
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Re: 1989 IROC 344 original miles



As found.
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Old 11-03-2018, 10:40 PM
  #48  
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Re: 1989 IROC 344 original miles

Cool!
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Old 11-04-2018, 08:40 AM
  #49  
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Re: 1989 IROC 344 original miles

looks pretty dang nice to me!
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Old 11-04-2018, 08:59 AM
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Re: 1989 IROC 344 original miles

Congrats on the acquisition!

Hope once you get it cleaned up we get to see all sorts of pics.

Pictures with flash will make things look worse (more harsh) than they really are.. I bet some nice showroom pics of this car in good lighting would show how nice it is..
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