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This '88 is nice. Is it $22.5K nice?

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Old Feb 17, 2019 | 09:52 PM
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This '88 is nice. Is it $22.5K nice?

https://www.ebay.com/itm/1988-Chevro...2:pf:0&vxp=mtr

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Old Feb 17, 2019 | 11:29 PM
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Re: This '88 is nice. Is it $22.5K nice?

The question is does a convertible top increase or decrease the value compared to the same car in a hardtop or t-top? On thirdgens I think it adds something, on some other performance cars it seems to hurt the value. I think a lot of the people that would pay a premium for an Iroc at the auction that cannot be named without invoking the wrath of a legal team, would probably be somewhat put off by a convertible.

For my money, there's no way I'd pay that kind of money for an 88 Iroc convertible. I would tend to think a person could shop around a bit and find a car with as much real world value, for half the money. Maybe even less than that.
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Old Feb 18, 2019 | 06:00 AM
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Re: This '88 is nice. Is it $22.5K nice?

Seen this one listed on ebay before.....IMO, the underside is not up to par for the asking price...
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Old Feb 18, 2019 | 06:18 AM
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Re: This '88 is nice. Is it $22.5K nice?

Definitely worth more than this one: https://www.ebay.com/itm/1988-Chevro....c100005.m1851

Off topic but just look at the thing!
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Old Feb 18, 2019 | 06:58 AM
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Car: 87 Iroc 5.7,67 SS Camaro,90 Formula
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Re: This '88 is nice. Is it $22.5K nice?

The red car was in Planes Trains and Automobiles.
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Old Feb 18, 2019 | 07:46 AM
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Re: This '88 is nice. Is it $22.5K nice?

I absolutely LOVE that black car! I dont think he's out of line on the price. The thing looks super clean!


Is that the correct lighter in it???? It looks like the end cap is too small for some reason....I mean not that THAT matters at all, I've just noticed a few that have a similar lighter and wondered what the deal was....
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Old Feb 18, 2019 | 09:10 AM
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Car: 1989 IROC-Z. Original owner
Engine: LB9. Dual Cats. Big Cam
Transmission: World Class T-5
Axle/Gears: BW 3.45
Re: This '88 is nice. Is it $22.5K nice?

Originally Posted by dagwood
I absolutely LOVE that black car! I dont think he's out of line on the price. The thing looks super clean!


Is that the correct lighter in it???? It looks like the end cap is too small for some reason....I mean not that THAT matters at all, I've just noticed a few that have a similar lighter and wondered what the deal was....


I noticed the lighter, too.

BTW, this is an automatic LB9, G92. The only year you could get that in a convertible.
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Old Feb 18, 2019 | 09:11 AM
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Car: 1989 IROC-Z. Original owner
Engine: LB9. Dual Cats. Big Cam
Transmission: World Class T-5
Axle/Gears: BW 3.45
Re: This '88 is nice. Is it $22.5K nice?

Originally Posted by BizJetTech
Seen this one listed on ebay before.....IMO, the underside is not up to par for the asking price...

Yeah, this one has been around before. Do you have undercarriage pics?
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Old Feb 18, 2019 | 09:18 AM
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Re: This '88 is nice. Is it $22.5K nice?

That Service Parts ID Doesn't Look Original,Was It Replaced By ASC.


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Old Feb 18, 2019 | 09:34 AM
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Re: This '88 is nice. Is it $22.5K nice?

Originally Posted by chazman
Yeah, this one has been around before. Do you have undercarriage pics?
I had them....and deleted them....car was heavily undercoated if I recall correctly

Last edited by BizJetTech; Feb 18, 2019 at 10:24 AM.
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Old Feb 18, 2019 | 10:14 AM
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Re: This '88 is nice. Is it $22.5K nice?

Originally Posted by t/aws61985
Definitely worth more than this one: https://www.ebay.com/itm/1988-Chevro....c100005.m1851

Off topic but just look at the thing!
I wouldn’t bid $1.00 on that one!!
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Old Feb 18, 2019 | 11:26 AM
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Car: 1988 IROC Z Convertible
Engine: 305 TPI (LB9)
Transmission: 700 R4
Axle/Gears: G80 GU2
Re: This '88 is nice. Is it $22.5K nice?

This car looks very similar to mine when I got it and I wonder if my value has near doubled in 5 years or if people are getting a little more bold on their asking prices for Thirdgens.

I do think the convertible adds value for an IROC. I think with the top down on these cars it creates unique and enhanced body lines. They were also pretty rare unlike the Foxbody convertibles that were everywhere. I think people buy low/lower mile IROCs either to collect or for fair-weather cruising and not so much for performance. I do see cars where a convertible is less appealing. When I was looking at C4s I specifically wasn’t looking for a convertible and find them pointless. I find I don’t like the lines of the car with the top down and the rest are all targa top anyway. Some newer cars as well I find the convertibles not to strike me at all.

If I hadn’t found my car and was still in the market I’d have maybe thrown an offer of $17k for this one and see where it landed.

I would hope this isn’t one of those where you ask for underside shots and find an abundance of rust underneath. Even surface rust is a turnoff at a certain level. If I’m paying substantially over $10k for a thirdgen I’d hope it’s pretty rust free and I’ll deal with other imperfections.

If I’m paying over $20k for a thirdgen it would have to be my ultimate holy grail dream car that would need nothing.

I’m in the market for a black hardtop IROC right now to go with my Vert..
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Old Feb 18, 2019 | 11:27 AM
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Car: 1988 IROC Z Convertible
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Axle/Gears: G80 GU2
Re: This '88 is nice. Is it $22.5K nice?

Originally Posted by BizJetTech
I had them....and deleted them....car was heavily undercoated if I recall correctly
Factory undercoat, or someone had it done more recently to make it “look better”?
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Old Feb 18, 2019 | 11:32 AM
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From: New England
Car: 1988 IROC Z Convertible
Engine: 305 TPI (LB9)
Transmission: 700 R4
Axle/Gears: G80 GU2
Re: This '88 is nice. Is it $22.5K nice?

Originally Posted by LeonardS


I wouldn’t bid $1.00 on that one!!
I think that guy is a member here, I remember that story.. The guy always wanted an IROC Vert and he restored that one really nice and then his neighbor’s storage caught fire and burned his storage space down including his car that was off the road for winter and uninsured..

Don’t take your car off the road for winter.. what do you save, like $150? My insurance is $574/year with Hagerty.
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Old Feb 18, 2019 | 11:44 AM
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Re: This '88 is nice. Is it $22.5K nice?

Originally Posted by 88IROCvertZ
Factory undercoat, or someone had it done more recently to make it “look better”?
Factory undercoat ??? There is no such thing.....Dealer applied undercoating, yes
but never factory undercoated.
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Old Feb 18, 2019 | 12:35 PM
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Car: 1988 IROC Z Convertible
Engine: 305 TPI (LB9)
Transmission: 700 R4
Axle/Gears: G80 GU2
Re: This '88 is nice. Is it $22.5K nice?

I guess that’s what I mean... but you see many cars now where people try to clean up and repaint the underside in current times..

A dealer undercoating from the 80s is fine with me if there’s no rust anywhere..

In those cases I look at the control arms, front end components, driveshaft, rear axle and inspect the floor pans, frame, etc

Id rather not have undercoating, but it’s not a dealbreaker for me.. The dealer undercoating was usually pretty thin not super thorough..
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Old Feb 18, 2019 | 01:34 PM
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Re: This '88 is nice. Is it $22.5K nice?

Originally Posted by 88IROCvertZ
I guess that’s what I mean... but you see many cars now where people try to clean up and repaint the underside in current times..

A dealer undercoating from the 80s is fine with me if there’s no rust anywhere..

In those cases I look at the control arms, front end components, driveshaft, rear axle and inspect the floor pans, frame, etc

Id rather not have undercoating, but it’s not a dealbreaker for me.. The dealer undercoating was usually pretty thin not super thorough..
Dealers in the Midwest & North East pushed undercoating big time and were quite successful selling (profiting from) it.
I just cant get myself to buy a "collector quality" car that has been slathered with undercoating, especially the thick black rubberized stuff.....it's ugly as sin
and the underside of a rubberized undercoated car will never look good. Additionally, all the high end private collectors I've dealt with over the last 35 years
wont buy rubberized undercoated cars. There are cars out there without it and IMO, they make for a much nicer collector quality car.
So for me, almost all the time, it's a deal breaker.....but I realize others dont mind it.
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Old Feb 18, 2019 | 02:48 PM
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Re: This '88 is nice. Is it $22.5K nice?

Originally Posted by t/aws61985
Definitely worth more than this one: https://www.ebay.com/itm/1988-Chevro....c100005.m1851

Off topic but just look at the thing!


Originally Posted by LeonardS
I wouldn’t bid $1.00 on that one!!
Originally Posted by 88IROCvertZ


I think that guy is a member here, I remember that story.. The guy always wanted an IROC Vert and he restored that one really nice and then his neighbor’s storage caught fire and burned his storage space down including his car that was off the road for winter and uninsured..
It's a sad story that could happen to any of us.
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Old Feb 18, 2019 | 03:39 PM
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From: New England
Car: 1988 IROC Z Convertible
Engine: 305 TPI (LB9)
Transmission: 700 R4
Axle/Gears: G80 GU2
Re: This '88 is nice. Is it $22.5K nice?

Originally Posted by BizJetTech
Dealers in the Midwest & North East pushed undercoating big time and were quite successful selling (profiting from) it.
I just cant get myself to buy a "collector quality" car that has been slathered with undercoating, especially the thick black rubberized stuff.....it's ugly as sin
and the underside of a rubberized undercoated car will never look good. Additionally, all the high end private collectors I've dealt with over the last 35 years
wont buy rubberized undercoated cars. There are cars out there without it and IMO, they make for a much nicer collector quality car.
So for me, almost all the time, it's a deal breaker.....but I realize others dont mind it.
If you keep selling those clean underside cars why do you care? Ha ha

I get it.. I’d choose no undercoating if I found two identical cars for sale I was interested in, but I’d take a mint, black 89 5-speed with undercoating over many other colors and options.. And I plan on driving the cars, not just putting them in a showroom..
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