What was the purchase price difference between a coupe and convertible in 92?
#1
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Car: 1992 Camaro Z28 Anniversary Edition
Engine: 305 TPI
Transmission: Borg Warner 5-Speed
What was the purchase price difference between a coupe and convertible in 92?
I am just curious,
What was the dealer cost difference between buying a coupe with t-tops and a convertible in 1992?
I am trying to trade my 92 Z28 with t-tops for a convertible, and I am trying to put a dollar figure on it...
What was the dealer cost difference between buying a coupe with t-tops and a convertible in 1992?
I am trying to trade my 92 Z28 with t-tops for a convertible, and I am trying to put a dollar figure on it...
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Car: 85 Camaro iroc
Engine: 305ci HO
Transmission: T-5
Axle/Gears: 3.73
http://www.camarosource.ca/php/camar....php?year=1992
might give you a general idea...
might give you a general idea...
#3
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Car: 1991 Z28 convertible built 3/1/1990
Engine: Cammed 6.0L LSX
Transmission: T56
Axle/Gears: custom Ford 8.8", 4.10 gears
I got this from my Camaro White Book:
RS coupe: $12,670
+$1,085 for Preferred Equipment Group 1
+$1,937 for Preferred Equipment Group 2
RS convertible: $18,450
+$1,085 for Preferred Equipment Group 1
+$1,785 for Preferred Equipment Group 2
Z28 coupe: $15,935
+$925 for Preferred Equipment Group 1
+$1,937 for Preferred Equipment Group 2
+$2,333 for Preferred Equipment Group 3
Z28 convertible: $21,305
+$925 for Preferred Equipment Group 1
+$1,785 for Preferred Equipment Group 2
+$2,181 for Preferred Equipment Group 3
These numbers are for the model year 1991, which shouldn't be any different than that of 1992.
RS coupe: $12,670
+$1,085 for Preferred Equipment Group 1
+$1,937 for Preferred Equipment Group 2
RS convertible: $18,450
+$1,085 for Preferred Equipment Group 1
+$1,785 for Preferred Equipment Group 2
Z28 coupe: $15,935
+$925 for Preferred Equipment Group 1
+$1,937 for Preferred Equipment Group 2
+$2,333 for Preferred Equipment Group 3
Z28 convertible: $21,305
+$925 for Preferred Equipment Group 1
+$1,785 for Preferred Equipment Group 2
+$2,181 for Preferred Equipment Group 3
These numbers are for the model year 1991, which shouldn't be any different than that of 1992.
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Car: 87 Formula T-Top, 87 Formula HT
Engine: 5.1L TPI, 5.0L TPI
Transmission: 700R4, M5
Axle/Gears: Sag 3.73, B&W 3.45
The new price and the used prices are vastly different. If you look historically a convertible is only 20% to 30% more new. BUT in the aftermarket the Convertible holds its value much better.
Historically a Convertible is about 1.5x or 2.0x that of an identical hard top car. Since you have a T-top car that will have some bearing, however T-tops were installed on about 50% of all 3rd gens. So the aftermarket resale value is not significantly better than a convertible. Convertibles on the other hand are only about 1.84% of the total Camaros produced from 82-92. Since the Convertible is more desirable, and since its more rare it automatically demands more than its hard top counterpart.
There was a total of 1,528,561 Camaros made from 82-92
There was only 28,183 Convertible Camaros made from 87-92
Even if you add the 2400 or so convertibles made by Autoform, Metrix3, Hi-Line Customs, do you squeek over 2%.
So there you go, its more than you asked for, but it migt give some insight to why the new price is not a reflection on the used price. Although Insurance companies would like to depreciate a car with a set percentage every year and give you nothing in the end the fact is all things are not equal.
I think the best way to look at selling or buying a car and its value, place 2 identical cars next to each other, they have all the same options, except one option. Which one will sell first? then you start adding the money value upon that option until they would sell at the same time. If you follow this, then would a Power lock car sell for $100 more or $10 more. Its an interesting way to look at it, and you can get an idea of how to appraise a car by doing this. Thats essentially what NADA, KBB & Edmunds do, but if you plug in identical information into each of those sites you will get 3 vastly different values for the same car.
JOhn
Historically a Convertible is about 1.5x or 2.0x that of an identical hard top car. Since you have a T-top car that will have some bearing, however T-tops were installed on about 50% of all 3rd gens. So the aftermarket resale value is not significantly better than a convertible. Convertibles on the other hand are only about 1.84% of the total Camaros produced from 82-92. Since the Convertible is more desirable, and since its more rare it automatically demands more than its hard top counterpart.
There was a total of 1,528,561 Camaros made from 82-92
There was only 28,183 Convertible Camaros made from 87-92
Even if you add the 2400 or so convertibles made by Autoform, Metrix3, Hi-Line Customs, do you squeek over 2%.
So there you go, its more than you asked for, but it migt give some insight to why the new price is not a reflection on the used price. Although Insurance companies would like to depreciate a car with a set percentage every year and give you nothing in the end the fact is all things are not equal.
I think the best way to look at selling or buying a car and its value, place 2 identical cars next to each other, they have all the same options, except one option. Which one will sell first? then you start adding the money value upon that option until they would sell at the same time. If you follow this, then would a Power lock car sell for $100 more or $10 more. Its an interesting way to look at it, and you can get an idea of how to appraise a car by doing this. Thats essentially what NADA, KBB & Edmunds do, but if you plug in identical information into each of those sites you will get 3 vastly different values for the same car.
JOhn
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