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| realistic Fiero selling prices (Page 5/6) |
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86dreamachine
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DEC 10, 02:46 AM
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USMUCL
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DEC 10, 09:45 AM
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| quote | Originally posted by Steel:
I restore a few here and there.. over the years selling online was no longer an option. Selling locally from my shop parking lot, my front yard or a friends really has worked the best for me. Much higher sales prices, a lot less stress from keyboard tire kickers.
The community of Fiero owners themselves seem to drive prices down amongst each other in my opinion.
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This is so true.
But, the problem exists amongst many (if not all) car types. People with no intent to buy and likely no means to buy like to criticize asking prices online (especially FB) and sabotage others' sale threads.
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exc911ence
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DEC 18, 01:12 PM
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88TTopGT
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DEC 31, 11:09 AM
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  [img]http://images.fieroforum.com/userimages/88TTopGT/5E 6F51AD-D05F-4C42-93AA-2F52EB9EA11A.png[/img]
I saw these online recently while cruising for deals, I was astonished by some of the asking prices! One says SOLD! with an asking price over $42000! I wonder what it actually sold for?
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exc911ence
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DEC 31, 01:10 PM
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You will find that they didn't sell for anything... the pictures of the cars in the ads will be random cars pulled from the internet, and the ad copy pure b.s. written by some scammer phishing for e-mails to sell worldwide. Used to be that scammers advertised cars for ridiculously low prices to hook people, now they shoot for the moon for who knows what reason. Don't fall for this crap.
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88TTopGT
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DEC 31, 01:39 PM
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How do we know that is the case? Or at what point do we decide it must be a scam? What would you say about these?
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88TTopGT
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DEC 31, 01:44 PM
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  [img]http://images.fieroforum.com/userimages/88TTopGT/3B 94DC75-FA2A-4AD7-95D1-088325F20469.png[/img]
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88TTopGT
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DEC 31, 01:56 PM
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I don’t know about you, or anyone else.. but I choose to believe from what I have seen, and what I am currently seeing, that these Fiero’s are slowly rising in value. They are not a poor man’s option anymore. Personally I am glad to see prices on the rise! I am proud of my Fiero, and to think it may be worth a decent penny makes me hopeful that finally these are beginning to get the recognition that they deserve.
Just my opinion.
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exc911ence
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DEC 31, 02:55 PM
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| quote | Originally posted by 88TTopGT:
I don’t know about you, or anyone else.. but I choose to believe from what I have seen, and what I am currently seeing, that these Fiero’s are slowly rising in value. They are not a poor man’s option anymore. Personally I am glad to see prices on the rise! I am proud of my Fiero, and to think it may be worth a decent penny makes me hopeful that finally these are beginning to get the recognition that they deserve.
Just my opinion. |
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I agree that Fiero prices are on the rise, but I personally don't think that they're ever going to hit the same highs that 60s/70s musclecars did, or that 90s Japanese cars currently are. It feels like they were just skipped over, like the IROC and Trans Am and C4 Corvette. This may change but the collector market is generation driven, folks buying things they wanted as young people but weren't able to afford until they saw some success and started making enough money to have disposable income. The Boomers were musclecar guys, no argument there and the GenXers (like myself) were mostly into import cars as the domestic scene was pretty barren in our formative years. Of course there were exceptions... Buick Grand Nationals being the most obvious, Mustang 5.0L LX notchbacks being another... but for the most part, the late-80s and early-90s belonged to the imports. The cars coming out of Japan and Europe were fast, beautiful and well built whereas the domestic stuff was compromised, poorly screwed together and many were leftovers from the malaise 1970s. It's no wonder 80s domestics are being overlooked by most people.
The Fiero does stand out as being something different though. It's design and construction, its mid-engine drivetrain, even its styling stood out as being something special. That's why I like them, and probably why you do too. It's also why most people don't like them... people are sheep after all and to a lot of people, something only has value if someone else desires it too. People like to show off and one-up their neighbours and they can't do that if their neighbour couldn't care less about their stuff. Sad but it's human nature. It's the only explanation for why the 1957 Chevrolet is so popular... it's a frankly overwrought and somewhat ugly car (especially in comparison to its peers... the 1957 Chryslers are world's more attractive and advanced) but "everyone" loves them! Why? Because everyone loves them! It's always been hard to stand out and be special... in highschool, kids that stand out are picked on and ridiculed.... the Fiero is that kid in school who kept to him/herself... a wallflower at the prom, assuming they even went.
One thing on the Fiero's side is rarity, or the rarity of good ones. GM built a TON of these cars and there was a time that they were absolutely everywhere but now? Most have disappeared through attrition. So many fell by the wayside due to neglect or just daily usage that they're now seldom seen out in the wild. Really nice examples are few and far between as most were just used up and thrown away. And of course the 1988 model year cars will always be extra special thanks to their upgrades. But $30K worth of special? $40K? Not likely. Even $20K would be a stretch in my opinion. It's not that the Fiero shouldn't have collector value, it just won't until demand outstrips supply. And the demand isn't there quite yet. It may never be. Or it might. Time will tell. The other thing playing against the Fiero was brought up in another thread: there are cars that are much better sportscars in the same price-range. Early Porsche Boxsters and Caymans, C5 Corvettes, Toyota MR-S, Scion/Subaru FR-S/BR-Z twins, etc, etc. For someone to pay up for a Fiero, well, they'd have to just really want a Fiero.
And I'm not going to touch the overblown poor reputation of the Fiero. Hard to believe that the misinformation is still so oft-quoted today...
At the end of the day something is only worth what someone is willing to pay for it. It'll be fun to watch how things play out in the future. Assuming gas-fueled cars even have a future.
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88TTopGT
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DEC 31, 03:29 PM
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Well said, with good points!
I will say that I do think that the IROC and Trans Am are definitely in or approaching 70’s muscle car territory. A clean example IROC convertible is $25,000 all day long, and a special edition 78-81 trans am is $30,000-$60,000.
My last collector car was a 79 trans am ws6 black with the gold bird and graphics. I sold it to a guy in Nanaimo who sold it for almost double two years later at $40,000 and it wasn’t even a 4spd.
Now after owning two 87 Fiero GT’s ( made money on both of them) I am glad to have found what I believe to be the holy grail of fiero’s, an 88 GT T-top which I have enjoyed for just over a year now. I am not ashamed to say I paid $22,000 for it, but maybe to me these notable sale prices mean that not only is this an amazing car to own and drive, but can it be a good collector investment too? I would sure like to believe so. Also thank you for sharing your perspectives!
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