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1986 Iroc Value input

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Old Oct 4, 2021 | 04:26 PM
  #1  
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From: Ft Wayne, IN
Car: Irocs 87 Conv 5 spd & 87 T-Top auto
Engine: LB9/L98
Transmission: MM5/Auto
1986 Iroc Value input

I came across this car at an online estate auction not far from my location. Just curious as to what the area of value is on it. Car is a 1986, 305 TPI, Auto car. Nothing exceptional about it. Was last plated in 2015, has 65k miles, and ironically, still has Goodyear VR50 tires on it. I have not seen the car in person yet, I plan to do that late this week, but by the photos, it appears to be in good shape. Needs a little paint work on the nose, but if I can get it bought right, it may be a good money maker.
* The mustang in the background of the top photo is a 1996 Cobra with 3900 miles in Mystic paint...which is kind of cool.




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Old Oct 5, 2021 | 06:32 AM
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Re: 1986 Iroc Value input

I think you should pay $50,000🤓 I’m not a fan of flippers, because it just raises prices for those trying to buy and KEEP the cars.
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Old Oct 5, 2021 | 08:33 AM
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From: Ft Wayne, IN
Car: Irocs 87 Conv 5 spd & 87 T-Top auto
Engine: LB9/L98
Transmission: MM5/Auto
Re: 1986 Iroc Value input

Originally Posted by LeonardS
I think you should pay $50,000🤓 I’m not a fan of flippers, because it just raises prices for those trying to buy and KEEP the cars.
Hmm..? Interesting view point LeonardS.... By paying $50,000 for the car, that would not raise the prices of these cars, but if I buy the car, fix it up, enjoy it for a time, then sell it, that will? I guess, I am of the mind that it is someone's car once they buy it, so they can do with it as they please....but thanks for the constructive input.... (comments like yours do more to drive people from being involved in our forum than to draw people to it). I see people on here all the time, buying a car, fixing it up, then selling it. That is their prerogative... My thought process is that if a car like this one, can be bought, cleaned up, and then passed on for someone to purchase at a reasonable price, is growing our community of people that enjoy these cars, not raising the prices. The prices are dictated by supply and demand, basic economics.... The more of these cars that go to the scrap yard raises the prices, not someone that buys/resells them.
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Old Oct 5, 2021 | 10:07 AM
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Re: 1986 Iroc Value input

You are correct, your money, your decision. Apparently humor excludes you. I was jokingly meaning if you pay $50,000, you wouldn’t be able to sell it, so you’d have to keep it. Have a nice life.
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Old Oct 5, 2021 | 10:10 AM
  #5  
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Re: 1986 Iroc Value input

Should be a $10-15,000 car retail, once the front bumper and chin spoiler are repainted, assuming there's no rust/other obvious issues. Fixing the driver's seat is likely going to be difficult, as no one makes seat covers for these cars that look even remotely correct -- I can't tell from the photo if the piping is just broken, or if there's a hole in the cover too. People generally don't like '86s because of the camshaft used that year, but Black/Black/Gold is a very desirable color combination, and some people like louvers (not me though).
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Old Oct 5, 2021 | 10:54 AM
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Re: 1986 Iroc Value input

86 is worst iroc year to own, they made tons of them and the most third gens for sale are 86s. Peanut cam year if i was a buyer no more than 3-5k range on buying it and then putting in what it needs you might be able to get 10k-13k with the front bumper repainted.
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Old Oct 5, 2021 | 11:02 AM
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From: Ft Wayne, IN
Car: Irocs 87 Conv 5 spd & 87 T-Top auto
Engine: LB9/L98
Transmission: MM5/Auto
Re: 1986 Iroc Value input

Originally Posted by navy02ws6
Should be a $10-15,000 car retail, once the front bumper and chin spoiler are repainted, assuming there's no rust/other obvious issues. Fixing the driver's seat is likely going to be difficult, as no one makes seat covers for these cars that look even remotely correct -- I can't tell from the photo if the piping is just broken, or if there's a hole in the cover too. People generally don't like '86s because of the camshaft used that year, but Black/Black/Gold is a very desirable color combination, and some people like louvers (not me though).
Thanks, I would agree with your view. I think the color combo would be the draw for a buyer…all else is just average.
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Old Oct 5, 2021 | 12:47 PM
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Car: 1986 IROC Z
Engine: 5.0 TPI
Transmission: 700R4
Axle/Gears: 3.23 Posi
Re: 1986 Iroc Value input

Can't tell much from those few photos. It's interesting that the clear coat appears to have failed only on the nose of the car (that may change after an in-person inspection) and not the horizontal surfaces. Other than obvious rust locations---T-top area, A-pillars, floor boards, etc--- the car's current mechanical condition will play a large part in determining it's value. If it has actually been sitting since 2015, it may have serious issues. If the car isn't in drivable condition, that makes evaluating things a real shot in the dark.

You can at least check the obvious: overall under-hood condition as well as oil/transfluid/coolant/brake fluid color/smell, and whether the crank will turn. If you can't make any determination from this, you'd then have to assume the worst-case, and base any offer you'd make on those assumptions.

As far as buying-then-flipping the car; I have no dog in that fight. I'd simply be happy that another apparently-abandoned 3rd gen gets saved and maybe back into the hands of a new owner who will put it back on the road where it belongs. And FWIW, while it's true that '86 IROC production numbers were nearly 50K, consider that in 35 years, it's likely that far less than half that number are still on the road, and only a small percentage of those being survivors still in good condition.

Good luck.

Last edited by ironwill; Oct 5, 2021 at 12:57 PM.
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Old Oct 5, 2021 | 05:52 PM
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Re: 1986 Iroc Value input

I don't know what the car is worth but you could increase it's value by taking those nasty louvers off and throwing them away after you get it.
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Old Oct 5, 2021 | 05:58 PM
  #10  
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From: Ft Wayne, IN
Car: Irocs 87 Conv 5 spd & 87 T-Top auto
Engine: LB9/L98
Transmission: MM5/Auto
Re: 1986 Iroc Value input

Originally Posted by Airwolfe
I don't know what the car is worth but you could increase it's value by taking those nasty louvers off and throwing them away after you get it.
LOL, yes, those are bad. They would be the first to go....
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Old Oct 7, 2021 | 05:46 PM
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Re: 1986 Iroc Value input

Judging by the pics, I wouldn't be afraid to pay $8k or more for that car in its current state. I'd say it's a $14k-$15k car finished, as long as there are no surprises once you see the car in person.
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Old Oct 7, 2021 | 06:15 PM
  #12  
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From: Ft Wayne, IN
Car: Irocs 87 Conv 5 spd & 87 T-Top auto
Engine: LB9/L98
Transmission: MM5/Auto
Re: 1986 Iroc Value input

Originally Posted by dagwood
Judging by the pics, I wouldn't be afraid to pay $8k or more for that car in its current state. I'd say it's a $14k-$15k car finished, as long as there are no surprises once you see the car in person.
when you get a second, see what you think about the thread I started about this car stating the vin and rpo do not match. The Vin# and vin# on the RPO are 1 number off, so it has some oddities, which I assume happened during assembly….
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Old Oct 7, 2021 | 06:18 PM
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From: In the paint booth!
Car: 1986 Camaro Drag Car
Engine: 383 on Ethanol
Transmission: Automatic
Axle/Gears: 4.86 Currie 9 inch
Re: 1986 Iroc Value input

Originally Posted by IROCIN
when you get a second, see what you think about the thread I started about this car stating the vin and rpo do not match. The Vin# and vin# on the RPO are 1 number off, so it has some oddities, which I assume happened during assembly….

I also agree that the center console lid accidentally got put on the wrong car.

What I DON'T understand, is that RPO code is not for an IROC, not for a Z28 either, and yet it has the LB9 RPO code.. THAT is really weird!
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Old Oct 11, 2021 | 07:54 PM
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From: Ft Wayne In
Re: 1986 Iroc Value input

What auction company was this through?
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Old Oct 11, 2021 | 07:57 PM
  #15  
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From: Ft Wayne, IN
Car: Irocs 87 Conv 5 spd & 87 T-Top auto
Engine: LB9/L98
Transmission: MM5/Auto
Re: 1986 Iroc Value input

Originally Posted by BIRD91ZRAG
What auction company was this through?
Schrader, over in Columbia City.
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Old Oct 11, 2021 | 09:31 PM
  #16  
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From: Ft Wayne In
Re: 1986 Iroc Value input

Originally Posted by IROCIN
Schrader, over in Columbia City.
Cool thanks. I had not seen that auction listed. I try to keep an eye on the auctions around here too..
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