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The Final Fiero by Miller50213
Started on: 10-01-2020 04:21 PM
Replies: 18 (458 views)
Last post by: ChuckLS1 on 10-14-2020 02:20 PM
Miller50213
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Report this Post10-01-2020 04:21 PM Click Here to See the Profile for Miller50213Click Here to Email Miller50213Send a Private Message to Miller50213Edit/Delete MessageReply w/QuoteDirect Link to This Post
November 7th the Final Fiero will be getting auctioned off. How much will it sell for?

https://journal.classiccars...4e2f31e6019a0d26c8b0
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Report this Post10-01-2020 04:33 PM Click Here to See the Profile for IMSA GTClick Here to Email IMSA GTSend a Private Message to IMSA GTEdit/Delete MessageReply w/QuoteDirect Link to This Post
20K if they're lucky.
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Cliff Pennock
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Report this Post10-01-2020 04:42 PM Click Here to See the Profile for Cliff PennockClick Here to visit Cliff Pennock's HomePageClick Here to Email Cliff PennockSend a Private Message to Cliff PennockEdit/Delete MessageReply w/QuoteDirect Link to This Post
Man, if I had the money I would buy that in a heartbeat. But I would also use it as my daily driver. Which in my case would mean it would be driven for at most 2000 miles per year. 😁
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hyperv6
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Report this Post10-01-2020 05:36 PM Click Here to See the Profile for hyperv6Send a Private Message to hyperv6Edit/Delete MessageReply w/QuoteDirect Link to This Post
Well I did not see a reserve. If there is they may not meet that. This car in the past had been for sale and no takers.

The real history here is it is the last one but that means little to most average auto buyers.

The other real value is the car is still nearly dealer new. If you drive it you kill much of the value here. If you want to drive spend much less and buy a clean 88 gt.

My hope is a museum like the Pontiac museum buys it where people can go see it and it will be preserved. Or GM buys it back for their collection.

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CoolBlue87GT
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Report this Post10-01-2020 07:01 PM Click Here to See the Profile for CoolBlue87GTClick Here to Email CoolBlue87GTSend a Private Message to CoolBlue87GTEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by Cliff Pennock:

Man, if I had the money I would buy that in a heartbeat. But I would also use it as my daily driver. Which in my case would mean it would be driven for at most 2000 miles per year. 😁


Cliff, I know of a low mileage Blue 87 GT that you might like !! lol
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Report this Post10-01-2020 07:16 PM Click Here to See the Profile for IMSA GTClick Here to Email IMSA GTSend a Private Message to IMSA GTEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by hyperv6:

Well I did not see a reserve. If there is they may not meet that. This car in the past had been for sale and no takers.

The real history here is it is the last one but that means little to most average auto buyers.

The other real value is the car is still nearly dealer new. If you drive it you kill much of the value here. If you want to drive spend much less and buy a clean 88 gt.

My hope is a museum like the Pontiac museum buys it where people can go see it and it will be preserved. Or GM buys it back for their collection.


Personally I'd like to see Fred purchase this car. At least we would know that it is in good hands.
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qwikgta
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Report this Post10-01-2020 07:56 PM Click Here to See the Profile for qwikgtaClick Here to Email qwikgtaSend a Private Message to qwikgtaEdit/Delete MessageReply w/QuoteDirect Link to This Post
So question for you all. Does the fact that its the last one increase its value? I agree its clean and low mileage, to me that would be its value. Maybe b/c it has all the signatures of the builders, and documentation, but what about the second to last, or the third to last. What number do we stop at? I am glad that GM decided to give it away vice putting it in the Heritage Museum, but again, does its VIN make it worth more money?

Rob
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Report this Post10-01-2020 08:37 PM Click Here to See the Profile for RWDPLZClick Here to visit RWDPLZ's HomePageSend a Private Message to RWDPLZEdit/Delete MessageReply w/QuoteDirect Link to This Post
Fred would be perfect if he's interested.

I have a picture of me with the car at the 20th show here somewhere, before I even bought a Fiero.
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Report this Post10-01-2020 09:39 PM Click Here to See the Profile for Thunderstruck GTSend a Private Message to Thunderstruck GTEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by Miller50213:

November 7th the Final Fiero will be getting auctioned off. How much will it sell for?

https://journal.clas siccars...4e2f31e6019a0d26c8b0


$42,000.00
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sourmash
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Report this Post10-01-2020 09:43 PM Click Here to See the Profile for sourmashClick Here to Email sourmashSend a Private Message to sourmashEdit/Delete MessageReply w/QuoteDirect Link to This Post
Last Pontiac off the line and the last Fiero. I'd think it'd go quite a bit more than 20k. Even with the poor economic conditions.
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Report this Post10-01-2020 09:44 PM Click Here to See the Profile for IMSA GTClick Here to Email IMSA GTSend a Private Message to IMSA GTEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by Thunderstruck GT:


$42,000.00


I really hope someone understands the true value of that car and pays that amount......or more.
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Report this Post10-01-2020 09:50 PM Click Here to See the Profile for IMSA GTClick Here to Email IMSA GTSend a Private Message to IMSA GTEdit/Delete MessageReply w/QuoteDirect Link to This Post
.

[This message has been edited by IMSA GT (edited 10-01-2020).]

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andreww
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Report this Post10-02-2020 07:26 AM Click Here to See the Profile for andrewwSend a Private Message to andrewwEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by sourmash:

Last Pontiac off the line and the last Fiero. I'd think it'd go quite a bit more than 20k. Even with the poor economic conditions.


Well, I think the highest sale price I've seen was a little over $20K if I'm not mistaken. So the question is, how much does being "the last Fiero" add to the price? In my opinion, very little. Having watched a fair amount of car auctions, I find that cars with a story or a previous celebrity owner do not generally command a huge premium. I don't believe this car will surpass $30K, but we'll see.
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cam-a-lot
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Report this Post10-02-2020 08:41 AM Click Here to See the Profile for cam-a-lotSend a Private Message to cam-a-lotEdit/Delete MessageReply w/QuoteDirect Link to This Post
If it was 5 speed and had more options such as leather, I would probably pay 30K USD for it maximum...

Nice car- I hope it continues to be preserved and left stock.
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Dennis LaGrua
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Report this Post10-02-2020 10:02 AM Click Here to See the Profile for Dennis LaGruaClick Here to Email Dennis LaGruaSend a Private Message to Dennis LaGruaEdit/Delete MessageReply w/QuoteDirect Link to This Post
What this final Fiero will sell for is a very big question. The 88 model year has appeal but the auto setup may not. From sitting so long the car cannot be considered a driver but would make a good museum/collector piece.
As for value; this is not that rare a car, but it does hold historical significance. I'll take a wild guess and say that if the right buyer is in, it will sell in the area of $18K-$23K but it would not surprise me if the bidding goes to $25K.

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sourmash
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Report this Post10-02-2020 10:05 AM Click Here to See the Profile for sourmashClick Here to Email sourmashSend a Private Message to sourmashEdit/Delete MessageReply w/QuoteDirect Link to This Post
If it sells for 30k or 42k no other Fiero is worth that much just for being a similar condition 88GT in the identical condition. Let's grenade that idea for anyone reading who might want to inflate their car's value to a one of kind situation that they will not have. The last Garand is worth more than the previous ones in the same block.
The last Gibson Les Paul will be worth more than any other similar Les Paul made in the year when they stop making them.

Jay Leno, or a Jerry Seinfield are the players in this field, not just Joe Sixpack. Jay and Jerry are using your money to buy.

 
quote
Originally posted by andreww:

Well, I think the highest sale price I've seen was a little over $20K if I'm not mistaken. So the question is, how much does being "the last Fiero" add to the price? In my opinion, very little. Having watched a fair amount of car auctions, I find that cars with a story or a previous celebrity owner do not generally command a huge premium. I don't believe this car will surpass $30K, but we'll see.


Since one of these has never been sold before you can't directly compare. But I guess you can look at those and add the premium of the following: it's really the last Pontiac off the Pontiac line and also happens to be the last Fiero (a GT too), so it completes the legacy of the performance era for Pontiac with a pretty 'neat' additional detail of being a desirable GT Fiero of the last made in perfectly original condition. In the right auction 30Kish would be well bought. It's the number that came to mind in this lesser economic situation. $31,200 would be my bid in this auction. In a bigger presentation it would go for more.

I know nothing of the advertising of this auction house to be able to portend an outcome, but it would be worth a 30k bid to me if I were in.
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Report this Post10-03-2020 04:33 AM Click Here to See the Profile for AustralianClick Here to visit Australian's HomePageClick Here to Email AustralianSend a Private Message to AustralianEdit/Delete MessageReply w/QuoteDirect Link to This Post
So what are we really talking these days 40k
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red GT
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Report this Post10-10-2020 09:29 AM Click Here to See the Profile for red GTSend a Private Message to red GTEdit/Delete MessageReply w/QuoteDirect Link to This Post
As of this morning there are 14,000+ views, looks like there maybe some real interest in the car.
In the end, I hope he gets a nice final number on the car.

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ChuckLS1
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Report this Post10-14-2020 02:20 PM Click Here to See the Profile for ChuckLS1Send a Private Message to ChuckLS1Edit/Delete MessageReply w/QuoteDirect Link to This Post
The auction house is right down the street from me. I'm definitely going to the auction!

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Chuck
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