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what would you pay? 89 formula 5sp 62k

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Old Aug 8, 2003 | 08:06 AM
  #1  
88305tpiT/A's Avatar
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From: Ft Worth, TX USA
Car: 2016 Ram 1500
Engine: 3.0L Diesel
Transmission: 8sp
what would you pay? 89 formula 5sp 62k

I am seriously considering buying an 89 formula and wanted to see what the consensus was on price.

Details:
62k miles
5speed
305 with all emissions no "provable" mods (guy blows lots of smoke about cam, chip ect)
hard top

perf mods:
panhard bar
eldebrock catback
offset strut mounts (car was auto-xed)
konis all around
1LE brakes done by previous owner and rear discs

Damage:
minor rust on rear of all wheel wells but not serious (ie no bubbles)
both front and rear bumpers have small (2 inch) tears in the rubber near attachment points. would have to replace both to fix but wouldent get any worse.
the normal 5 foot looking distance dings but looks great from 5 ft out.

Reason for buying:
I want a 5 speed to auto cross and maybe make into a sedan A racer in a year or two.

The guy is advertising 5200 but he says negotiable.
top NADA is 4000, mid is 3400 and I would say the body is in between those two classes with the mileage being well below average.
I was going to negotiate with 4000 being my max.

What do y'all think?

PS connecticuit car
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Old Aug 8, 2003 | 08:58 AM
  #2  
bnoon's Avatar
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Joined: Jan 2003
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From: West Des Moines, IA
Car: 2008.5 Mazdaspeed 3 GT
Engine: 2.3 DISI Turbo
Transmission: 6 speed MT
I would start at $3000 and work the way up to $4000 (actually, it'd be hard for me to top $3500). Mods add nothing to the selling price of a used vehicle unless it happens to be built exactly the way you would build it yourself. Heck, I've seen Formulas in great shape go for $2500 or less. Look at Zephers!!!!!
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Old Aug 8, 2003 | 05:18 PM
  #3  
Jim85IROC's Avatar
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From: Readsboro, VT
Car: 85 IROC-Z / 88 GTA
Engine: 403 LSx (Pending) / 355 Tuned Port
Transmission: T56 Magnum (Pending) / T5
Axle/Gears: 3.42 / ?
Usually I'm preaching that cars are always worth way more than others seem to ever think they are, but this car doesn't sound very nice, and certainly should NOT get book value. $3k sounds fair to me, assuming the motor is in better shape than the rest of the car, but considering it's probably this dolt that did the work...
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Old Aug 8, 2003 | 08:54 PM
  #4  
2.73's Suck's Avatar
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Joined: Apr 2003
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From: I said that when I was sober...ish
Car: 1985 Mustang GT
Engine: hamsters
Transmission: a hamster wheel
hey 88305t/a, i live in sw, check out this thread
https://www.thirdgen.org/techbb2/sho...s+lets+meet+up
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Old Aug 11, 2003 | 08:35 AM
  #5  
88305tpiT/A's Avatar
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Joined: Nov 2000
Posts: 1,188
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From: Ft Worth, TX USA
Car: 2016 Ram 1500
Engine: 3.0L Diesel
Transmission: 8sp
no the owner previous to him did the work I guess.

In reality -- if it doesnt have SFC's it IS built the way i want it.

But I agree with y'all and will offer 3500 with 4k being my max

I will have it on a lift thursday and will flash the cash then.
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