chazman

iTrader: (4)

This car is in my neighborhood. Original owner, 18K mile, '87 'vert. LG4/700R4/2.73.

The car has had various touch ups. One or both doors were painted after a trailering accident, (note placement of IROC-Z decals). Owner scraped driver's fender in the garage and then had fender, spoiler, bumper cover and hood repainted due to stone chips. Passenger quarter was repainted when scratched on new car delivery.

Carpet is trashed from the sun. Original floor mats are trashed. Lettering is worn off switches and shifter plate. Door panels need to be redone.

Currently has 4 lug nuts per wheel. Locks were destroyed by tire shop when owner couldn't find key and are missing. Needs a center cap and at least one wheel is scraped.

Oh, one more thing, something weird about the top. Very difficult to latch and then fold back down.



How much would you pay for this car?

PurelyPMD

iTrader: (3)

- LG4
- Auto
- Leather (to me at least)
- paint work (for the miles at least)
- decals

+ Convertible
+ Miles
+ 1st Year of factory drop top since 1969

I wouldn't be in the market for it due to the color scheme and the motor/trans combo but maybe 12k?

Tootie Pang

iTrader: (2)

Uh, original paint?!
18,000 miles?!!
Original owner?!!!

If you want an investment, this is it.

If you want a play car, its great but you would be devaluing the car.

rarebmx

iTrader: (6)

Chazman. This is a 20th Anniversary car & one of 744. Add in color scheme & miles.....I'd say minimum $10k.
Does it have the Anniversary map pocket?

chazman

iTrader: (4)

It does.

PurelyPMD

iTrader: (3)

You must have missed this section above.....

By my count the only body panels that still have original paint are the passenger fender, driver's quarter panel and the rear bumper cover. Hardly enough to qualify the car as original paint.

F-body-fan

Thats a beautiful car. I agree on the paint work deduct. Thats a pretty big deal on something that has that low of miles. I personally love the leather & while the leather shows its age on these cars today, from what I can see, this one looks pretty good. I am hoping the cracks in the driveway & pant leg in the door reflection are not ripples in the clear? I don't see any straight lines in there.... If the paint work was done right & everything else is original & looks like an 18K mile car should I think this could be a mid teen car, but that LG4 is a bigger deduct than any paint work for me.

LB9 & a 5 speed would have been just incredible in this car!

F-body-fan

These two in your area have been for sale for a long time. Not the same car by any means, but for sure over priced a bit, for different reasons.

https://chicago.craigslist.org/nwi/cto/6097522462.html

https://chicago.craigslist.org/chc/cto/6122430792.html

I think these two cars have been discussed already this year though?

chazman

iTrader: (4)

Like I need another IROC-Z......


This car sort of fell in my lap. It's literally 5 minutes from me. I agree on a deduct on the paint work. I really have to see it in the sun. It was raining when I checked it out so we never pulled it out of the garage.

I also have to see how slow it is with an LG4 auto and 2.73. Haven't driven an LG4 in years. I guess you could say this was the "best" LG4 before it was replaced by the L03. The '87 LG4 is essentially a peanut cam LB9 with a carb and more restrictive exhaust. I believe it has a roller cam.


I'll try to stop by this weekend, pull it out in the sun and take it for a spin.

chazman

iTrader: (4)

Those two are nice, but obviously over priced, since they've been for sale for ever.

F-body-fan

I went from an 87 LG4 trans am to a std geared 5.0 TPI back in the early 90's What I remember is the TPI was a lot stronger off line as far as pedal response & rotating the rear tires. But cruising & wide open throttle was not too terribly different. TPI with the performance axle was night & day though as I recall.


Sad to say, but I couldn't care less about the performance of these cars today. I enjoy the heck out of them for what they are with a nostalgic eye. But, I think the engine options sure effect the value.


By the way, not that many 87's had leather, & of those most of them have pretty deep cracks/lines in the seating surface. My 87 has 65-70K? miles on it & the drivers seat looks a bit worn. Not terrible, but worse than the passengers seat for sure. Very stiff thick leather in those cars. So rare to see them in nice shape!

F-body-fan

Those are the typical cars that make them all expensive. Sellers won't get realistic on the price, & then the next guy to parts ways with his car does a quick search & sees what they are "selling" for. Up comes another overpriced car & the market of asking prices keeps going up. I know this is for not what really drives the prices, but its plays a pretty big factor. The cars that are priced right sell quick & nobody can search the history of the sale on CL


Seems to me ebay used to be where the expensive cars were & CL was where you find the local deals. That's changed a lot over the past few years imo. Kinda flip flopped. The deals are still out there, there is just far more over priced stuff.


This car has been for sale since last summer. the price has come down some, but still has not sold. Pretty nice car as far as I can tell. Still a little over priced though https://milwaukee.craigslist.org/cto/6111521779.html


Rant over.........

chazman

iTrader: (4)

That one is nice too, but I'm certain I've seen it for sale for over a year now.

F-body-fan

I think your right, I was being pretty conservative saying last summer. It very well could be a year. I think he started at 16K?


you & I live close enough to each other where we are obviously watching the same cars

scottmoyer

Wish I could get the VIN number of all of these cars so I could update my registry!!!

chazman

iTrader: (4)

Seems like it!

ray jr

iTrader: (2)

i would go 10k max on a car like that .. obviously if it was a all original mint 18k mile 87 tpi conv. that would be a whole different story , but its not ..

rarebmx

iTrader: (6)

I think I was very conservative at $10k. If the Mikes can be documented I don't think his asking price of $16k is that insane. It is a tough car to find & people who are hunting for an 87 IROC this is a tough car to find. You might look back in 5 years and regret not grabbing it IF you want to add an 87 IROC convertible. I don't think they are going to get cheaper. Go see how many 87's you van find. Obviously TPI in 87 was ONLY available in the 5 spd.

chazman

iTrader: (4)

$16K? Which car are you referring to?

rarebmx

iTrader: (6)

Ihad read through & thoughtyou posted this "I think your right, I was being pretty conservative saying last summer. It very well could be a year. I think he started at 16K?"

My mistake

vinny R

I agree with Ray, the engine trans combo really hurts the value especially if you are looking for a "driver". I think the 10K is a pretty good value for this.

rarebmx

iTrader: (6)

1987 is a unique year. Out of the 744 convertibles ZERO were TPI/Auto. The 5-speed all were TPI G92 cars. 5 spd cars are obviously the way to go as a performance car.

Chazman - how much is this 16,000 mile car? I

chazman

iTrader: (4)

Most 5 speed cars were G92 in '87. I have however, seen 1 or 2 which weren't G92, according to their SPIDs.

rarebmx

iTrader: (6)

Hmmm. Strange but possible. Were they IROCs or Z28 cars?

chazman

iTrader: (4)

They were IROCs. No G92 on SPID and a 3.08 axles ratio.

ray jr

iTrader: (2)

chazman , curious what do you think its worth ?

chazman

iTrader: (4)

Not really sure. I thought I knew, but I've been getting opinions all over the place on it.


I'd feel better if it were all original paint, though. But it presents well. The undercarriage looks like it's never been wet.

Just came back from driving it. Actually, the LG4 drives a lot better than I was expecting. Better than your typical 145 horsepower earlier LG4s. Feels a lot like a peanut cam LB9, to be honest.


I gave him an offer, he'll get back to me after talking to his wife, (it's her car). I'll keep you guys posted.

chazman

iTrader: (4)

Looks like we've got a deal........

1988 Iroc 5.7

iTrader: (3)

Glad you were able to work a deal on this convertible chazman, congrats on the purchase. Post up some more pics/details when you have the opportunity. Looks like you'll have to change up your signature line for the addition!

chazman

iTrader: (4)

Yeah, thanks! I'll definitely start a thread when I pick it up. I must be insane with all of these IROCs! LOL!

ray jr

iTrader: (2)

sweet !! now the million dollar question , how much ?

1992 Trans Am

iTrader: (2)

Congrats ! Post some pics!

jmd

iTrader: (4)

That is a winning color combination, and obviously, you liked the condition.

Carpets and mats aren't a big deal with dye or replacement,

As for the 165hp LG4, a well-matched cam and gears and I would never want any LB9.

chazman

iTrader: (4)

Let's just say in the ballpark of what's been discussed here.

Will do, when I pick it up.

170 in the IROC. Not sure where that extra 5 horses comes from.

burnout88

First thing you need to do is fix that door decal. It's driving me crazy!

chazman

iTrader: (4)

First thing is to get a 5th lugnut for each, wheel!

Bugs me too, Brian. I'll call Phoenix this week.

F-body-fan

The door decal thing is a funny comment. No doubt they are way off on Chazman's new addition, but sometimes they can be off only a little bit & its noticeable to the trained eye. I have installed several of the GM decals back in the early 90's & I think they had alignment marks on them. I know one was to the front edge of the door (85-87) & the other might have been to the top of the stripes & people were mistakenly putting them at the top of the rocker/door ground effects?

I still have a full GM set of decals for my 87 in the basement. I should look again. I would guess all the repop decals come with no location info?

F-body-fan

to add to your frustration... https://chicago.craigslist.org/nwc/ctd/6151709583.html

"Pin the decal on the door panel" good thing it was just a blindfold & not too many spins. never know where that decal could land........

Ok, its not quite that bad, but its pretty darn crooked.

1992 Trans Am

iTrader: (2)

Yeah on nos GM ones they have alignment guides on the Iroc door decals that help you install them really accurately. It's important to remember that 85-87's had them placed at the front of the door and 88-90's had the placed at the rear of the door.

chazman

iTrader: (4)

I was going to use the original placement of my '85's decals as a guide, but now it's parked 35 minutes away.

F-body-fan

If it helps, I can roll out my GM decals to measure the marks on them exactly. Given how fussy all of us are getting, maybe use those measurements & few other original cars to take the average?


No doubt GM had some sort of fixture or template to install them on the line. I have never seen a crooked one back in the day.


My 87 still has the original decals & paint, but its a few cars deep & 6 miles away from my home.

ray jr

iTrader: (2)

someone was way off on this one also

https://chicago.craigslist.org/nwc/ctd/6119769588.html

F-body-fan

That's just so the guy in the car next to it at the stop light can see what kinda car it is.


One of my favorite color combo's though....

chazman

iTrader: (4)

If you wouldn't mind doing that, that would be great! It would be a service to the community as well.

F-body-fan

Here's my stash for the 87. This box has every emblem & decal. Interesting how some of the stripes are rolled up on a tube & some are in smaller boxes. Bought them about 18 years ago.

https://www.thirdgen.org/forums/atta...e-img_9107.jpg

https://www.thirdgen.org/forums/atta...e-img_9118.jpg

F-body-fan

measurements:

rarebmx

iTrader: (6)

If needed, I have an original paint 87 here, I can measure plus I have some NOS Gold door decals.

chazman

iTrader: (4)

Now you tell me, Rob! I just ordered some from Phoenix, today.


We can move this conversation here: https://www.thirdgen.org/forums/hist...nvertible.html

Two threads is getting confusing.

ray jr

iTrader: (2)

ive put the ones from phoenix on before and i believe they put them in the factory spot the way there cut out ..

ray jr

iTrader: (2)

with there template here is where it put the sticker