Money must be tight! I've got two 87 Vert's listed in autotrader.com and can't sell. Getting a little frustrated. Anyone else feeling the money squeeze and can't sell?

 

Thirdgens have dick for resale value. Unless you're a carlot, or you find that elusive person that wants the EXACT car you're selling, you probably won't get anything close to what you want for the car.

Also its the wrong time of the year to sell an Fbody, much less a convertible. And, take into account that more people know where to find Jimmy Hoffa's body, then know the rarity of an 87 Z28 Convertible.

 

I don't know what you mean Drew; we here in the Detroit area have known for years where Jimmy Hoffa was laid, but we're just not telling. You never rat on the mafioso!

But you are correct, I know I have 2 fairly rare car's; but most people that call don't really give a poop about them being 87's. They say things like "well, I've got an 88 and an 89 to look at; maybe I'll get back to you.

 

....most people that call don't really give a poop about them being 87's. They say things like "well, I've got an 88 and an 89 to look at....

Ignorance is bliss. Notice the 1987 Camaro convertibles are listed under the "Classic" banner, where mileage is not even asked. Proof from NADA, 1987:

 

1988. The value increases slightly for very year succeeding 1988, but never comes even close to 1987's value. Notice this year (as well as 1989 - 1992) is listed as a "Used" car where mileage is noted. I arbitrarily used 100,000 miles because it is neither an addition or a deduction:

 

Note that these cars are found under "Classics" in NADA. Folks don't recognize a 1987 anything as a "Classic", not even sure I do; but the proof is in the bluebook. Believe these cars need another ten years before they'll really be respected.

Any way, if anyones looking for an 87 vert; look me up in autotrader. I've got one close to showroom (IROC, probably in top 5-10 in the country for original) and one that needs some attention; Z-28.

Please don't edit me Willie; I promise no more marketing.

 

I see nice Thirds going for alot here in the NE. Too much sometimes if you ask me.

 

Ok, maybe I'm just uninformed, or maybe I'm an idiot, but would someone please explain to me why an 87 vert should be valued higher than a comparable 88 or 89 vert. No offense to anyone here that owns an 87, but I can't see any conceivable reason that your car should be worth more than an 88 or 89 even if there were less of them made. It's not like 87 got some special engine or some other highly prized options. So what is so special about the 87? Btw, I happen to like 87s for certain cosmetic reasons. I just don't think that has any bearing on value. Also, a book can list whatever given value it wants to, but that doesn't mean anyone is actually going to be willing to pay it. The only way I'd pay that ridiculously high figure of $14,200 is if the car was preserved in a plastic bubble since the day it was brought home from the dealer in 1987, and it had next to no miles on it. Anyone who'd pay that for a used car with substantial miles on it is a fool. Maybe in 10 years that figure would be more appropriate, but right now it's laughable.

 

I dont care where you live at this is a bad time to be selling a Camaro let alone a vert. Fall is always a bad time to sell sports types cars unless its a Rustang. You are better off pulling insurance off of them & waiting until spring.

 

87 Was the first year of the Vert back in to the Fbodies since I do believe 1969.

 

So what is so special about the 87?

The 1987 Camaro convertible is the ONLY anniversary Camaro (all generations) that was not advertised. Only 1,007 convertibles were made that year out of a total production run of 137,760. And because only the convertible received the anniversary designation, it becomes very special, especially when less than one percent of all '87s are convertibles.

Then install parts that are only seen on 1987 convertibles and you've got one rare car with rare parts, an anniversary car too!! It is destined to become a collectible. NADA recognizes this and adjusted its value accordingly.

Mine has been appraised at $16000 by a nationally recognized professional, who specializes in unique cars. But like you said, it's not what it's appraised that matters, it's what one is willing to pay for one. Unlike you, if I didn't already own one, I would easily pay that kind of $$$ because I recognize the collectibility of it. As a matter of fact, and you can quote me on this, "I would not trade my 1987 Z28 convertible for a NEW Z06 or even a ZR-1." Have any idea why I feel this way? Think really hard about it before calling me an idiot.


Anyone who'd pay that for a used car with substantial miles on it is a fool.

I don't mean to be personal, but as I stated above, ignorance is bliss. Could it be remotely possible that NADA has researched this before establishing a value and that maybe they know something you don't know? BTW, my $16,000 convertible has 90,000 miles. Enough said.

 

Thanks Willie for shedding some light on this for me. I still however would not be willing to part with that kind of money for a 90k car, and not because I don't believe you, but because I don't make near enough money to justify buying a 90k car for that kind of cash. I'd rather have an 88 or 89 for 5k. I'd get just as much enjoyment out of it, and not have to worry about my investment so much. Now if I could find an 87 for 5k...

 

The only other year that be just as Desireable then the 87 (but not quite) would be the 90 RS V8 Verts. only 729 were made.

 

Thanks Willie for shedding some light on this for me.

You're welcome as always.

I'd like to make one more point. I feel extremely lucky to own the rarest regular production third generation Camaro. It's kind of like owning a rare coin, knowing that only a select few will know what its like to own one, regardless of how much $$$ one has. I definitely feel this way.


The only other year that be just as Desireable then the 87 (but not quite) would be the 90 RS V8 Verts. only 729 were made.

Maybe true due to the sheer lack of numbers produced. But can you imagine if you ordered one new with a 305 TPI? The 1990 RS convertible was the only regular production third generation Camaro (non Z28/IROC-Z) which the TPI was an option. But ZERO were made. Hindsight......

Willie

 

True

My brother in law now owns a 90 RS V8 Vert that my husband & I rescued from going to the dump. He has not kept it stock due to the fact of a major wreck the car was in. But hes making the car to his standards.
Pics of the car before & not so long ago but before some of the other changes.
http://groups.msn.com/northwestcamar...nw?albumlist=2

Oh what he didnt know was the car had a Delco bose system with Cd & clock one of 3 made that year. (he took that out but stil has it because it got glass in it when the car was wreacked.)

 

That IROC vert is HOT rodge.

-AJ

 

Thanks AJ. But, quite frankly, you should have said "looks HOT". GM engineers were concerned with tourque when they re-introduced the convertible in 87 and stuck a fairly wimpy 305 in all of them. They look like they would chew up pavement, but with only 190 HP; looks are decieving.

 

.... but with only 190 HP....

Remember, the factory 1987 Z28 convertible had only two available drivetrains:

1) 305 carb (LG4) with auto -- 170hp, or
2) 305 TPI (LB9) with 5-speed -- 215hp.

Most came with #1. Mine is #2...

Willie

 

Willie,

You're the ultimate expert on these, but I just lost 20 HP. WHY DIDN'T YOU LET ME KEEP THINKING IT WAS 190 HP? 170HP is "really wimpy", but I still love the car.

 

Nice Ride Runner,

I will have to deduct for driven in snow however

Thanks for the pics !

Even with T-Tops I always knew there is something better, the convertable:hail: :hail:

Don

 

So Willie, what was the factory horsepower on my 305 TPI 85 IROC Z?



-AJ

 

215HP@4,400RPM and 275TQ@3,200RPM.

 

hmmm... I hope not.

 

is that all red iroc vert still 4 sale?? how much?

 

Yes; it's still for sale. I'll take 10,000. for it; and that's a steal!

 

You talk a lot about the car as a collectable and stuff like that but my uncle owns a classic car lot and what you are looking for price whise is to much, then as i look down the listing i see that you dropped to 10,000. A car is only worth so much, and 3 gens are not and i repeat are not classics. Your car seem to be a nice ride and all but if you look up what is consittered what are the rare camaro 3 gen wise,

it would be the 91 or 92 z28 police package with the LT1 motor. There were just over 7,000 made for the police package. OUt of those 7000 only 732 had LT1 corvet engine. This car is one of the top collectables when it comes for camaro. But the killer is what will people pay. and what people will pay for this car is about 10,000 and thats for someone that knows about cars.

 

No true the 3rd gens are not classics as in age wise. Most cars need to be 25yrs or older for that.

But as collectablity there are some Fbodies that are. The 3rd Gen Pace cars, the 87 verts, some of the 1LEs (when there were only a few made) The firehawks. These cars are all Collectors cars & there for Also classifed as CLASSICS. Just check in NADA for an 82 pace car. Its under Classic Cars.

 

What about 90Irocs?

 

Not classed as classics. I drive one though, hopefully someday they'll be worth something

 

I didnt mean that the 3rd gen were classics now. My mistake on that I ment that in the future 20 years or so certian one are going to be sought after a little more. I the convertable will do well down south and that is good but that will be from SC down. A car like that is something that a person would have to know about before the buy and most people don't know what they are looking at...

 

A TPI RS vert thats craziness!!!! Man only if there were one of those around!!! Well as eveyone knows the B4Cs were 350 TPI 350s but i had no idea you could order a 305 TPI on in a 90 RS vert. And anyone know you it was only 90? Well i know its only a 30 tpi but still that is pretty cool!!! Since there are none whats your proof?? Not that I dont believe ***** cuz if any would know it would be him.


LT1 in a third gen is news to me.

Also a third gen that sould be be considered a colectable is the 92 heritage edition that has a 350 TPI and a T5 thats in some museum somewhere.

And ***** did all 87 verts come with the 20th anniversary pouch on the dash??

Kevin

 

LT1s never came in any Third Gen.

 

I knew that I just was pointing that out since no one had any objections to the post that stated they had them. (boy I suck at spelling)

Oh and I did not even see that pic ***** put up of the dash pouch. I remember seeing it in a old post and he was saying how rare it was to have one, i dont remember the numbers but it was pretty small!!

Kevin

 

I just lowered the price of the IROC to $9000. I'll be taking a big loss, but I'm getting in pickle here.

 

How many miles?

 

34k

 

*shrug*

my roomate has a 87 iroc vert sitting in the garage.... we keep boxes in it... it doesnt move because it needs a new engine. *shrug*

 

and yes, it has the lil map pouch..

 

Willie,

Long time no yak, eh?? 90k on the convertible now? You've been busy!!

This red IROC convertible featured in this thread...is this puppy up on eBay? If so, I saw it up there...quite a nice car for $9k. I hate eBay...every time I'm on there I find a third gen I want, and then remind myself I still have about 30 payments on the Grand Am, and I need to buy a house so I can finally have that coveted 2 car garage to throw 2 Camaros in...I hope in 3 years by the time all this happens, I can still find a decent one for a good deal! For now though, all I can do is watch the market Shoulda known better than to jump ship to a stinkin' 4th gen

Anyone catch that 17k mile '85 blue IROC on eBay recently? That car was EXACTLY what I wanted

 

Forget the 85 when there's an 87 L98 same color on there right now with 22,000 on it and another 2,000 mile 305 just like it!!

 

....i had no idea you could order a 305 TPI on in a 90 RS vert. And anyone know you it was only 90? Since there are none whats your proof?? Not that I dont believe ***** cuz if any would know it would be him.

Here's what I can state as fact. You can make your own decisions from them. The 1990 Chevrolet brochure (GM produced) says the 305 TPI was standard in the Z28 and not available in any RS. However, the Camaro White book states on page 109, "RPO LB9 (305ci engine) was standard with IROC-Z Coupe and Convertible, optional with RS Convertible." To calculate how many were produced, one only needs to add the quantities of 305 TPI's and 350 TPI's and subtract the sum from the total number of Z28's produced. The result is zero. So believe what you may, but as far as I'm concerned, I'm sticking by the White Book until someone can prove it's mistaken.


And ***** did all 87 verts come with the 20th anniversary pouch on the dash??

Yes. All factory 1987 Camaro convertibles (6th digit in VIN = 3)were considered anniversary cars and received the pouch.


90k on the convertible now?

I bought it from the original owner in March, 1994 with 54,600 miles. It was my daily-driver for almost two years. I basically parked it in 1996 with about 73,000 miles. Since then, I'm averaging about 2,000 miles per year. I firmly believe collectible cars need to be driven, not parked. I would not get the enjoyment out of watching it sit in my garage, so it does see some usage on weekends.

Willie

 

Hey, I don't blame ya I thought for some reason when you sent me that video 2 years ago, the car had around 70k on it. I didn't know if you had put it back into daily-driver status!

My Z28 really should only see 2,000 a year going forward, but this year was 4,000 because I took a 2,200 mile road trip to Bowlig Green for the F body gathering. Which, BTW, could use some support from third gens!! Didn't see too many there

 

Ok, so if the 87 verts, 90 RS V8 verts, 1LE and B4C cars are all considered "collectibles" what about the '83 Z28 and the Trans Am with the HO (L69) engines?

Are they seen as future colectibles as well? I'd really like to know if my '83 HO Z28 will be one... one of 3200 or so I think? I'm sure the Trans Ams will be with only 660 or so made, right?

 

over all I think all camaros & Firebirds out there will be classified as Collectables. heck if the 69 Zs are (there are more 69 zs than rolled off Factroy floors)





Saddly to say my brother in law sold his 90 Vert to get a 70 Chevelle.

 

yeah i didnt read all this but....

your trying to sell that car at that price now....try 10 years from now. ill give you 50 bucks for it now. its just a crappy 87 anyway you look at it. its not worth anything right now...esp with those miles. get over it man. garage it and then ask that much in 400 years. ITS A CHEAP CAMARO, not a priceless car. its got a 69 camaro price tag on it...jesus.