Has the value of a Fiero gone generally up or down in the last 3 years, or stayed flat? While I know anything is worth what someone is willing to pay for it, what is the general consensus.
I have been looking at this and wondering if it is still valid?
------------------ 1988 GT, Automatic, running - bought in Illinois and drove to Austin 1986 SE, 4 cyl, 5 speed running - Bought in California and drove to Austin 1988 GT, T-Top - non running - "Trailered" back from California going to be restored (in storage) 1986 GT, highly modified engine/exhaust, but slave/clutch issue - Trailered back from Las Cruces, NM Chop-top candidate (in storage) 1986 SE, bought locally, Automatic won't shift into gear - Chop-top candidate (in storage) 6-11-2014 acquisition - 1987 GT Tangerine/Silver
Just researched the absolute crap out of this recently, and here's what I found:
There are a lot less available Fieros in good(or better) condition.
There are a LOT less interested buyers. I think this is due to the increasing rarity of parts like the GT taillights. Nobody wants to pay $1000 for some plastic lens covers.
So, basically, it's hard to both buy and sell them.
Current prices seem to be: Poor to fair condition is very low. Average condition is low. Good condition and high mileage is low. Great condition AND low mileage is very high.
I think the last group mentioned is having some sellers thinking their 87 GT with 187k miles is worth over 6k, but they're not selling.
[This message has been edited by Spektrum-87GT (edited 03-21-2017).]
They are "not selling" meaning people are keeping them or people can not find someone to purchase at that price?
Seems like you are saying true collectors items are selling but everything else is going for a lowball price!
I am considering selling my 'stable' of horses because I am moving 70 miles from my current location(to a farm) and wondering if I should keep them or sell them. I will have the land but no time possibly to work on them now.
------------------ 1988 GT, 6Cyl Automatic, running - bought in Illinois and drove to Austin 1986 SE, 4 cyl, 5 speed running - Bought in California and drove to Austin 1988 GT, T-Top - non running - "Trailered" back from California going to be restored (in storage) 1986 GT, highly modified engine/exhaust, Clutch slave cylinder issue - Trailered back from Las Cruces, NM Chop-top candidate (in storage) 1986 SE, bought locally, Automatic won't shift into gear - Chop-top candidate 1987 GT Tangerine/Silver - 1986 roller with automatic transmission
Location may also be a factor, and of course the model and year of the car. I bought my Formula 6 years ago for $1300 with 57k miles. Needed a slave cylinder and brakes, so it wasn't perfect, aesthetically the condition was very good. I haven't seen any formulas selling for under $2500 lately even in just decent condition (Not that that is a good price or anything, but its higher than when I bough mine). So I figured prices were not dropping for cars that run. Non running Fieros seem to go for very low though.
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Originally posted by hcforde:
I am considering selling my 'stable' of horses because I am moving 70 miles from my current location(to a farm) and wondering if I should keep them or sell them. I will have the land but no time possibly to work on them now.
Maybe just thin the stable? If you won't have much time just sell the ones that you think are least likely to get worked on. No need to sell all of them. From your signature it looks like about half are running and drivable, so those shouldn't require as much time as some of the others like potential chop top projects and whatnot.
[This message has been edited by liv4God (edited 03-21-2017).]
Location may also be a factor, and of course the model and year of the car. I bought my Formula 6 years ago for $1300 with 57k miles. Needed a slave cylinder and brakes, so it wasn't perfect, aesthetically the condition was very good. I haven't seen any formulas selling for under $2500 lately even in just decent condition (Not that that is a good price or anything, but its higher than when I bough mine). So I figured prices were not dropping for cars that run. Non running Fieros seem to go for very low though.
Maybe just thin the stable? If you won't have much time just sell the ones that you think are least likely to get worked on. No need to sell all of them. From your signature it looks like about half are running and drivable, so those shouldn't require as much time as some of the others like potential chop top projects and whatnot.
Yes, thin the herd along with that I have a HUGE, HUGE area of parts, panels and a 6CYL engine and trans. Also 10 wheels.
I have a minor grounding issue on the 88 GT and on the 86 SE a clutch slave froze up on me from non-use. Both minor things from just sitting. I will hate to get rid of the T-Top because they are so rare. Everything else can go. The Chop-Top dreams are a lot of work I can probably pass on.
I live in Austin maybe I should contact the group here and see if they want to do a huge buy.
------------------ 1988 GT, 6Cyl Automatic, running - bought in Illinois and drove to Austin 1986 SE, 4 cyl, 5 speed running - Bought in California and drove to Austin 1988 GT, T-Top - non running - "Trailered" back from California going to be restored (in storage) 1986 GT, highly modified engine/exhaust, Clutch slave cylinder issue - Trailered back from Las Cruces, NM Chop-top candidate (in storage) 1986 SE, bought locally, Automatic won't shift into gear - Chop-top candidate 1987 GT Tangerine/Silver - 1986 roller with automatic transmission
They are "not selling" meaning people are keeping them or people can not find someone to purchase at that price?
Seems like you are saying true collectors items are selling but everything else is going for a lowball price!
I am considering selling my 'stable' of horses because I am moving 70 miles from my current location(to a farm) and wondering if I should keep them or sell them. I will have the land but no time possibly to work on them now.
They're not selling because most are owned outright and the sellers "don't have to sell", so they wait for a sucker. Problem is, very few Fiero buyers are suckers, so they just sit.
The true collectors models and Fieros that don't need much/any work will sell easily.
They're not selling because most are owned outright and the sellers "don't have to sell", so they wait for a sucker. Problem is, very few Fiero buyers are suckers, so they just sit.
The true collectors models and Fieros that don't need much/any work will sell easily.
Yeah, I have see some nice ones on ebay sell for a nice price. I don't know about the sucker part though. Seems like the money someone puts into the higher end cars one never gets out of them. If I could sell mine and buy a chop-top I would probably do that. The work that goes into one is crazy especially for a novice.
I see you are in Grand Rapids. I am originally from Kalamazoo. Went to WMU and then down here for grad school.........and stayed because of the weather.
Prices around here seem to be trending upwards although that does not mean they will sell. I often see ads for non running cars for $1500. From personal experience (not of a Fiero), no one wants a non running car unless you are giving it away almost. Then there's the 'stupid price' cars, low miles 88 for 26k! Was 28, didnt sell. won't sell at 26k either because it's still a 30 year old car with 30 year old car problems (tired rubber mainly!) As much as a I love my Fiero, if I had to pay north of 3k for a Fiero, I'd pay the extra and be looking at something else.
