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History / OriginalityGot a question about 1982-1992 Camaro or Firebird history? Have a question about original parts, options, RPO codes, when something was available, or how to document your car? Those questions, answers, and much more!
Where Eagle GT's oem on the smaller 15"wheels? I had an 87 Trans am that came with those when it was new.
Always liked those tires, never really understood the +4 replacements though.
Sale fell through. Incident in'11 was car's storage space was flooded and carpet got wet. Seller says no other damage. I think you can see a waterline on newly added undercarriage pics. The one with the cat converter in it.
Sale fell through. Incident in'11 was car's storage space was flooded and carpet got wet. Seller says no other damage. I think you can see a waterline on newly added undercarriage pics. The one with the cat converter in it.
Originally Posted by chazman
The car is listed as a total loss after the flood on carfax.
Car says it's located in Dubuque, IA. They've had some flooding in 2011 and other years from rain.
The car is listed as a total loss after the flood on carfax.
Well that might explain the sale & re-listing I suppose. That's just a bit more than a small issue & really should be listed in the sale description. Will save the seller an awful lot of explaining. The cars appearance and low miles are going to attract collectors & most will undoubtedly have more than a hesitation with that history report. If it was flooded, repaired & clean carax that would be a little different.
Wow, this is a really nice well documented car. It is a shame what happened as you have to take someones word on the extent of the flood.
I think the price is reflecting the incident, Let's face it, this is probably a 20K or better IROC in today's market. I think your statement says it all, "the real value is knowing" That is why this is cheap for what it is. The buyer is taking a chance on this one and from the sound of it the last buyer decided the chance was too great for his liking!
Hard to assess the value here. If this car had a clean history, I could see it going for 17-20K, held back only by it's options. But how do you value a nice low mile car, which has been totaled by an insurance company? I don't know. It's worth something, but not as an investment at this point in time.
I have had two 1987 Buick Grand National's, and my first one (back in 1994) was a flood car. I had ALL KINDS OF PROBLEMS with it. It was an electrical nightmare. I will never own another flood car....... Maybe if it could be proven FOR SURE where the water line was, it might change my opinion...
I was also told the water just got high enough to get the carpet wet.......but I put a stereo system in the car and all of the inner dash metal framework was rusty.
You don't make an insurance claim for a total loss if you just need to dry out carpet.
I'm with you. Especially when it's your beloved IROC with only 7k miles. I would gladly just remove the carpet to dry it out or whatever it would take and chalk it up to a bad deal.
You don't make an insurance claim for a total loss if you just need to dry out carpet.
Dang, my carpet was covered in mouse **** and I didn't make an insurance claim.
Yeah, you’d think someone who knew a lick about collectability would know not to put a claim on the car...
Unless they got the payout and also got to keep the car and the sale money is just a bonus... I have it in my Hagerty policy that I get to keep my cars if they get totaled..
I also don’t think an insurance adjuster would total a car for wet carpets...
I'm with you. Especially when it's your beloved IROC with only 7k miles. I would gladly just remove the carpet to dry it out or whatever it would take and chalk it up to a bad deal.
Originally Posted by 88IROCvertZ
Yeah, you’d think someone who knew a lick about collectability would know not to put a claim on the car...
Unless they got the payout and also got to keep the car and the sale money is just a bonus... I have it in my Hagerty policy that I get to keep my cars if they get totaled..
I also don’t think an insurance adjuster would total a car for wet carpets...
Apparently the seller owned the building that got flooded. I figure the previous owner of the IROC got cashed out by insurance, and the building owner bought it for a song.
Just ran across this thread. Very interesting. Dubuque is not too far from me, would have liked to seen this in person. Something about it definitely sounds fishy, but looking at pics this thing looks mint. Kinda strange there are no underside pics in the eBay ad. Not sure if there were when it originally sold. Sure someone’s gonna own it lol
The seller DEFINITELY needs to disclose the flood history. Especially if it was declared a total loss. Then the title is more than likely designated as a "prior salvage".
There was a car lot near me several years ago that was buying flood cars at auctions, then selling them at their lot and not disclosing the flood history and they got in a lot of trouble. Got their dealership license revoked, too...
It was actually the place that my "light water damaged" 87 Buick Grand National was bought
I sent the seller a message, and a link to this thread, and a half hour later the listing was gone....
Haha. Come on now the seller has 100% positive feedback so surely he’s an honest seller. His number was there maybe you could have text him the link lol
He sent me back a message last night that said "thank you for the info"...
Is it possible that he bought it without knowing it's history? I like to give people the benefit of the doubt. But I did notice the car history feature wasn't available on the ad, though.
Salvage title is a real hit on value. I'd give him $9K which is probably less than he paid.
You are being very generous! I wouldn’t touch a salvage car unless, 1. It was super cheap, and 2. I planned to keep it until I died. I would have no interest in trying to resell the car and have to spend hours explaining what the story is.
You are being very generous! I wouldn’t touch a salvage car unless, 1. It was super cheap, and 2. I planned to keep it until I died. I would have no interest in trying to resell the car and have to spend hours explaining what the story is.
I'd buy it and drive the crap out of it without a bit of guilt!
Is it possible that he bought it without knowing it's history? I like to give people the benefit of the doubt. But I did notice the car history feature wasn't available on the ad, though.
I was wondering the same thing. Hell, the car could have changed hands a few times since it was sold in July and not transferred the title. Who knows....
Back up. I kind of feel bad if the guy bought it with the history undisclosed by the seller.
Sure, but if he bought it for $12,500 that's still a great deal considering how mint it looks in photos. There are plenty of these cars with clean paper for less that will never look as mint as this one. A set of bigger IROC wheels would do wonders for it, though... and a T56 swap since, hey, "flood damage" - so no collector value!
He mentions the fellow ebayer that made him aware of the issues.....that was me. I feel bad for him, too if he really didn't know.
Yeah it definitely needs the 16" wheels....it doesn't have 4 wheel disc brakes, either. Looks really mint, but it but not very well optioned as far as desirability goes...
It would be sort of cool to have an IROC this mint that you weren’t afraid to modify...
In a Corvette forum there is a very low mile (maybe even 7k mile) C4 ZR1 that is being parted out because it was in a storage fire... The car looks mint except for passenger rear fiberglass is burnt in one spot and it had tar from the roof of the structure melt and drip all over the paint... They also said the floor gave out and the suspension hit onto a beam and was really messed up. Interior and motor look perfect and driver side of the car doesn’t look that bad...
Someone could stuff an LT5 ZF 6-speed into that IROC... just saying! They are selling the motor and trans together and said it runs great...
Its tough to say what a fair price on this car is...
I could see someone that just always wanted a mint IROC with no intention of re-selling it or using it as part of a collection paying $15k and putting some 17” reproduction wheels on it and enjoying the hell out of it... It could be one of those cars with a blemish, but never ends up having a problem
Back up for 17,900. Now he spotted the problems on Carfax.
IMO, He's still asking too much $$$
It's got a highly questionable background that devalues the car, no matter the current condition.
Personally, I would buy it for the right price, but $18K is not the price. Also, I feel it would bring more $$
even with it's sketchy past if it was a 5.7
You guys need to get over your odometer blindness. That's a well cared for 107,500 mile car with a salvage title and zero desirability. It's a 305, auto, with 15" wheels, no t-tops, cookie cutter color, sheeeeit it doesn't even have the 140mph speedometer. Give me a break I'd be back in the car so fast the salesman would hardly get out of the bullpen before I'd be burning rubber getting off the lot. F that lame *** car, so many more exciting thirdgens out there to worry about, a brite red base Iroc doesn't even warrant a second glance.
I'd have to agree with 95% of Drew's opinion, except for the red part. A red IROC is the one I lusted for back in the day, and still jumps out at me when I see one.
I think he is still being a bit deceptive. Get in touch with the previous owners, get the real story, and explain what happened. This is definitely “Buyer Beware”!
I'm a bit confused. Carfax showed a total loss from flood damage, but now it has a clear title? Can that be achieved legally? I'm simply too lazy to research.
07-12-2019, 09:29 PM
