1988 Fiero GT 5-spd T-Top - 23k Miles - One Owner (Page 2/4)
Z3SpdDmn MAR 19, 10:53 AM

quote
Originally posted by m0sh_man:
I think they are all just trying to frustrate you into just keeping the car and having a good time with it. Personally i understand what you're saying, you paid $15,100 on the bid, then added 5% for BAT fee's which is $755 more, so then you were up to nearly 16k, plus probably $800-1000 to have it shipped, so $17k now, and some good t-top seals i'm sure set you back anywhere from $500-1500 depending on how desperate you were for them. so you're into the car for $18,000 or so plus taxes i'm assuming. you're willing to let it go for $21000 (i'm assuming possibly a bit negotiable as well) and everyone here is loosing their **** about you "possibly" making a profit if possible...... I think you paid a fair price for it and what fiero's with its condition are selling for currently. Sure you may make some money on it, but i figure you'll break even at best. I hope you come out ahead, but if not, Enjoy the car! you wont find another one like it anytime soon.


Thanks for understanding! Shipping was actually double that ($2k) since it was enclosed, but the P-seals were less.
I'm really enjoying the other car I recently picked up and, with my racing schedule and the lack of space, I know that its going to be tough to really get maximum enjoyment out of the Fiero right now. There ARE other low mile 88 GT 5-spds out there for those who are willing to pay for the good examples, so I'm not worried about getting another one down the road. With prices climbing, I'm expecting I'll need to actually pay more in another year or two, but that's ok. I'll have the space for it, the attention to give it, and I'll get the color combo that really pleases my heart.

------------------
Anthony

'88 Fiero GT 5-spd T-Top - Red/Grey 23k mile BaT purchase
www.DriveFasterNow.com

[This message has been edited by Z3SpdDmn (edited 03-19-2021).]

solotwo MAR 19, 06:26 PM

quote
Originally posted by m0sh_man:
I think they are all just trying to frustrate you into just keeping the car and having a good time with it. Personally i understand what you're saying, you paid $15,100 on the bid, then added 5% for BAT fee's which is $755 more, so then you were up to nearly 16k, plus probably $800-1000 to have it shipped, so $17k now, and some good t-top seals i'm sure set you back anywhere from $500-1500 depending on how desperate you were for them. so you're into the car for $18,000 or so plus taxes i'm assuming. you're willing to let it go for $21000 (i'm assuming possibly a bit negotiable as well) and everyone here is loosing their **** about you "possibly" making a profit if possible...... I think you paid a fair price for it and what fiero's with its condition are selling for currently. Sure you may make some money on it, but i figure you'll break even at best. I hope you come out ahead, but if not, Enjoy the car! you wont find another one like it anytime soon.



I agree.
sourmash MAR 19, 07:52 PM
It's a shame the other guy who couldn't get his bid in isn't interested.
jjd2296 MAR 19, 08:26 PM
Still no explination as to why he was bidding in the first place if he didnt really want to buy the car....................................... hes basically said that the other guy was suppose to win the bid but due to a computer glitch that didnt happen. how did he know the other guy was bidding?? does he know the other guy?? why did he bid 15100 if he didnt want to buy it?? as an ex cop this whole story smells like a bad case of bullshit. its a great car, at a decent price for 15100. but i feel like im buying a car from a shady used car dealership feeding me a line of crap.

[This message has been edited by jjd2296 (edited 03-19-2021).]

cam-a-lot MAR 19, 10:38 PM
Why can't we just let the owner sell his car? Who cares what he paid for it? It's irrelevant and nobody's business.

Jeff, you bought OEM quarter windows for less than half of what you sold them to me for. Do I care? No. It is his car, how he acquired it or how much he paid for it is completely not relevant to the asking price.

Good luck with the sale!
jjd2296 MAR 19, 10:51 PM
Man here we go. Cam, read the thread. I’m not slagging the price just the story. Makes no sense
reinhart MAR 20, 05:42 AM
Beautiful car.

I had a few interesting observations when looking over the pics:

1) The rear fascia VIN tag is in the top right of the license plate area, right where the top right bolt goes through the license plate. I've never seen a
Fiero with a VIN sticker there. My Fieros all have/had them in the center of that license plate area.

2) Cringe moment....looking at the way the service lift contact points are positioned in the front. The rear points are on the frame rails but the front lift points are on the floorpan with one right on the brake line. You'd think a collector would be as paranoid as I am when taking the car in to make sure they lift it correctly.You might want to check that area for damage but with it being in the front you might luck out with the Fiero being rear heavy of course.
Skybax MAR 20, 08:00 PM
Normally I would stay out of discussions like this as I'd rather be an observer 99% of the time, but this is a rare exception because I think its bad for our young readers who should be learning from this. Disclaimer, I mean no offense or disrespect to the seller, I'm just stating the facts...


quote
I bought this car "by mistake"...



Actually you didn't, you bid on an auction and won because you were the highest bidder, regardless who else bids, or how much they bid, or what malfunctioned, and so on.


quote
There was a technical glitch on the end of the other bidder and his bid didn't go through. It stopped well short of what it should have sold for!



Happens every day on eBay, you are playing the "what if game" and that doesn't work in the real world, you are only responsible for your bid and it doesn't matter what other people do or don't do.


quote
The other bidder would've gone over $20k if it wasn't for the technical glitch. I was fully expecting it to.



Again, there are auctions on BaT every day that people expect cars to do $20k and they do $35k or vise-versa, that is the whole concept of an auction environment, nobody has a crystal ball.


quote
I was essentially bidding up to what I considered to be a "silly good" deal. It's not so dissimilar to a dealer buying a car at wholesale.

From following the auction prices on the '88 GT's over the last couple years, I thought $16k (plus the buyer's fee and shipping) was a crazy good deal for a southern 1-owner t-top GT 5-spd in this condition. When it stopped at $15,100, I was astounded.



Remember you are talking to a well established Fiero Community on this forum. What somebody is willing to pay for a car will vary from person so person, and what people consider to be wholesale will vary from person to person. So a crazy-good deal to somebody might be fair market value to somebody else. I would consider this 1988 GT 5-speed with 3k miles recently sold on BaT for $15k to be a good deal... https://bringatrailer.com/l...pontiac-fiero-gt-17/


quote
Except I'm telling you what I paid. I could have just as well kept that all to myself and listed the car. I'm trying to be transparent with this community.



Auction results (BaT, eBay, Mecum, Etc) are all public information so it's not too difficult to find info on specialty cars for sale, the only time it is difficult is if it was in private hands for a long time and not advertised at all.


quote
He was a real bidder who was willing to pay the full value of the car.



The "full value" of any car is what somebody is wiling to pay for it in the present moment.


quote
I willingly bid on the car. I had a max number. I expected the car to sell for far more than that.



That "max number" is a Proxy-Bid and should be the amount you're comfortable with regardless what the other factors are.

I bought a Volvo through an auction, regretted the purchase, sold it 6 weeks later for a $1500 loss, valuable learning experience.

Your Fiero looks like a nice car and I'm sure you will find a buyer for it who is willing to pay a fair price.

[This message has been edited by Skybax (edited 03-20-2021).]

Raydar MAR 21, 08:54 AM

quote
Originally posted by jjd2296:

Man here we go. Cam, read the thread. I’m not slagging the price just the story. Makes no sense



...and did you read the auction comments?
Sounds like the whole thing went down exactly like he said.

Also sounds like he got a car for a very good price, but had second thoughts regarding its purchase. (Buyers remorse, anyone?)
I've also bought cars that don't "speak to my soul". So I get it.
And just because he got a good price doesn't mean he can't try to sell it for what it's worth. Or what someone may pay.
Jeebus...

[This message has been edited by Raydar (edited 03-21-2021).]

jjd2296 MAR 21, 09:09 AM
I just want to be clear. I never said the price was not reasonable. It’s the story that has me questioning the whole thing.