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Back from the Dead...

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Old Feb 21, 2010 | 03:05 PM
  #1  
drop-top IROC's Avatar
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Senior Member
 
Joined: Sep 2002
Posts: 762
Likes: 1
From: Long Beach, CA
Engine: 305 TPI (LB9)
Transmission: WC T-5
Back from the Dead...

Hey All!

Been quite a long time since I've posted around here- I switched jobs almost three years ago and ever since, it has sucked anywhere from 60-75 hours a week from my life, leaving little time for things like... oh, a life? They pay me well, but sometime I wonder if it is worth it.

Anyway, I had been renting a garage down the street from my house to store the 'vert. About a year back, the owners had some unlicensed contractors reroof the three garages behind their complex (by now you may already start to see where this is going...) and my garage was the one at the low point of the roof where everything drains. Long story short, the garage flooded after a heavy rain, followed by a week or so of near record heat. Due to a series of unfortunate events, I wasn't able to get back over to the garage for about 2 months. When I did, the place was floor-to-ceiling mold and the interior (factory leather) and portions of the paint where the water leaked in (rusty water, mind you) were basically trashed. The insurance company totalled the car and I was able to recoup about $6,000. The problem I'm not having is what to do with the car. As far as I can tell, it basically just needs an entirely new interior and maybe the hood and fender reshot (paint). I'm not sure if there was any additional, undiscovered damage, but it is definitely possible. It ran when I parked it, but I didn't correctly prep it for long term storage. I would say that with probably about $2,500-3,000, this thing would be absoultely cherry again. The problem is that I don't think I have time or energy to do it.

This brings me to my ultimate question, and that is: What do you guys think this thing is worth in it's current condition? At this point, the parts are probably worth more than the whole, but the last thing I want to do is part it as it is a complete, original, unmolested convertible and would be a perfect candidate for restoration. For those who don't know, it is a 1990 IROC Convertible, factory 5-speed, (one of about 500 built that year and one of the last IROC's to roll off the line), Black on Black with what was once Gray Leather interior, loaded with options (I think about the only option that this thing doesn't have is the factory CD player). Spent about $6k in body work and paint in 2004, body is completely straight, car needs tires, interior, new top. The only modification to this car is Alston/TDS subframe connectors, which are a must if you've ever driven a convertible on twisty roads.

I'd be open to anyone's opinions as to the value, I do have some pictures of the damage but suffice it to say that the interior is pretty much going to have to be completely stripped out of it to make it right.

Hope everyone is doing well!

Jerry O.
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Old Feb 21, 2010 | 03:28 PM
  #2  
SydwayzTA's Avatar
Member
iTrader: (3)
 
Joined: Dec 2002
Posts: 101
Likes: 0
From: Sheridan, WY
Car: 1986 Trans Am
Engine: LT1
Transmission: T56
Axle/Gears: 3.73
Re: Back from the Dead...

Originally Posted by drop-top IROC
Hey All!

Been quite a long time since I've posted around here- I switched jobs almost three years ago and ever since, it has sucked anywhere from 60-75 hours a week from my life, leaving little time for things like... oh, a life? They pay me well, but sometime I wonder if it is worth it.

Anyway, I had been renting a garage down the street from my house to store the 'vert. About a year back, the owners had some unlicensed contractors reroof the three garages behind their complex (by now you may already start to see where this is going...) and my garage was the one at the low point of the roof where everything drains. Long story short, the garage flooded after a heavy rain, followed by a week or so of near record heat. Due to a series of unfortunate events, I wasn't able to get back over to the garage for about 2 months. When I did, the place was floor-to-ceiling mold and the interior (factory leather) and portions of the paint where the water leaked in (rusty water, mind you) were basically trashed. The insurance company totalled the car and I was able to recoup about $6,000. The problem I'm not having is what to do with the car. As far as I can tell, it basically just needs an entirely new interior and maybe the hood and fender reshot (paint). I'm not sure if there was any additional, undiscovered damage, but it is definitely possible. It ran when I parked it, but I didn't correctly prep it for long term storage. I would say that with probably about $2,500-3,000, this thing would be absoultely cherry again. The problem is that I don't think I have time or energy to do it.

This brings me to my ultimate question, and that is: What do you guys think this thing is worth in it's current condition? At this point, the parts are probably worth more than the whole, but the last thing I want to do is part it as it is a complete, original, unmolested convertible and would be a perfect candidate for restoration. For those who don't know, it is a 1990 IROC Convertible, factory 5-speed, (one of about 500 built that year and one of the last IROC's to roll off the line), Black on Black with what was once Gray Leather interior, loaded with options (I think about the only option that this thing doesn't have is the factory CD player). Spent about $6k in body work and paint in 2004, body is completely straight, car needs tires, interior, new top. The only modification to this car is Alston/TDS subframe connectors, which are a must if you've ever driven a convertible on twisty roads.

I'd be open to anyone's opinions as to the value, I do have some pictures of the damage but suffice it to say that the interior is pretty much going to have to be completely stripped out of it to make it right.

Hope everyone is doing well!

Jerry O.

Oh man that really sucks, I'm sorry that happened to you. It sounds like this can be brought back to life though. I would personally look into restoring the car, if you got roughly $6k back and it'll take $3k to bring it back to cherry then that could be good thing in the end. A concern I would have is the moisture getting trapped in areas you don't or cant get to and causing some cancer. That and possible damage to any of the electrical.
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Old Feb 21, 2010 | 07:15 PM
  #3  
ricks89's Avatar
Junior Member
 
Joined: Feb 2010
Posts: 43
Likes: 0
From: Norwalk, Ohio
Car: 89 iroc
Engine: carb 80 over 350
Transmission: 350
Axle/Gears: 10 bolt 373 (had 9 bolt)
Re: Back from the Dead...

just wanted to say sry. that really sucks. but i agree if u got 6 and itll take 3 id for sure do it. im pretty sure u could find someone out there that could find them hidden problems.
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Old Feb 21, 2010 | 11:26 PM
  #4  
injdinjn's Avatar
Supreme Member
 
Joined: Dec 2001
Posts: 2,862
Likes: 1
From: I won't tell either
Car: 1986 Grand Prix TPI
Engine: 350 TPI
Transmission: 200 4R
Re: Back from the Dead...

When you pull the interior you will have access to access any other issues.

Mold can be sprayed and washed out off metal.

sounds like the interior is shot, but I had my GP done in leather for just over a grand by a craftsman.

I would doubt you have any wiring issues.

Sucks, but its a whole car and unbent so that's 2 real plusses.
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