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. 😁
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.
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
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.
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?
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.
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.
------------------ " THE BLACK PARALYZER" -87GT 3800SC Series III engine, custom ZZP /Frozen Boost Intercooler setup, 3.4" Pulley, Northstar TB, LS1 MAF, 3" Spintech/Hedman Exhaust, P-log Manifold, Autolite 104's, MSD wires, Custom CAI, 4T65eHD w. custom axles, Champion Radiator, S10 Brake Booster, HP Tuners VCM Suite. "THE COLUSSUS" 87GT - ALL OUT 3.4L Turbocharged engine, Garrett Hybrid Turbo, MSD ign., modified TH125H " ON THE LOOSE WITHOUT THE JUICE "
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.
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.