I was surfing Craigslist last night and spotted about 14 fieros for sale all over michigan and ohio. Every one of them was a basket case or junker and people wanting insane money for them....
$1300.00 for a abused 2m4 that looks like it's a parts car?
Is it just people that know absolutely nothing about the cars thinking that the cars are "rare" listing them and trying to get a ton of money for a junker?
Alot of it is people low balling, especially on the forum.... When someone is buying, it's a parts car, when that same person is selling, it's a rare classic.
------------------ 86 SE ChopTop 4 Speed 3.4 "The Short Bus" "For Sale"
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10:34 AM
Bump Member
Posts: 450 From: Bismarck, ND Registered: Mar 2010
I sort of like the fact that prices are seeming to be going up. I am not sure why they are/were so low to begin with! Fiero's (well atleast some of the packages) are getting more "rare" by the day! (thats right, I said rare! )
Maybe I have a more limited view point since I am from ND and they actually are rare up here and the ones that do exist DO bring a premium. I could EASILY get $1000- $1500 more than I paid for mine (in WA) only 2 months ago. I DO believe that the fiero will some day (in the not so distant future) become a collector car in some circumstances. (all origional in mint condition, or special packages, etc)
I dont understand why people dont think they are actually worth this!? the value of these cars are trying to go up and the people trying to keep them down are the fiero enthusiasts themselves!
[This message has been edited by Bump (edited 06-10-2010).]
oh i know, it took me a couple months to find a decent one that wasn't junked out in ohio. Or a v6 with a cracked exhaust manifold people were trying to sell for 2000$+
I spent 2500$ for a non running indy, but its body was in good shape as was the interior . Its needed a alternator , and later it needed a fuel injector, plugs,oil,exhaust fixed, touch ups, oxgen sensor, brake lines, pads, rotors....
It took me about a year to get it running perfect, i finally found whats causing my random check engine light, a flaky MAP sensor... got a new AC delco on its way.
So yea, unless u find a dude on here thats from the community selling one, watch out cause it can take a bit.
[This message has been edited by Spaxspore (edited 06-10-2010).]
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10:52 AM
Bump Member
Posts: 450 From: Bismarck, ND Registered: Mar 2010
and yes, I DO think that the official closing and extinction of the Pontiac "marquis" DID add value (more over time) to "classic pontiac vehicles" (not every G6 or sunfire on the block)
[This message has been edited by Bump (edited 06-10-2010).]
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10:53 AM
stumpkin Member
Posts: 248 From: Central Minnesota, MN Registered: Aug 2007
Fiero Prices seem to be seasonal – I also agree that the discontenting of the Pontiac brand by GM is temporally spiking the asking prices.
I have been tracking Fiero sales over the past three years. What I’ve noticed is they tend to sell for a higher price in the late spring to early summer. I’ve also noticed that the selling prices are a little better then the spread sheet posted on the NIFE web site (by Paul V). Not much higher just a little. I only track the sales I can confirm the selling price on. As we all know the asking price and the selling price are often very different.
I don’t know why I do this but it has helped out 2 PFF members to get a fair deal with insurance issues after being involved in accidents.
I don't see anything has changed. I bought mine 3 years ago and it took well over a year of searching ads for a good condition car at a reasonable price. It was the same then as it is now.
Its not like selling a civic or a mustang where the volume of cars available sets a default price to stick to. And when you consider the mixed views of the car, variations in price are to be expected. One person sees them as the worst car GM ever built, and the next guy says they are a "collector car". Plus: the body never rusts. So even a basket case car will show nicely in photos.
Prices are all over the map. Have been for a long time. .....here in Canada anyway. It's like drawing numbers from a hat. I do agree though... now that Pontiac is gone, over time prices will go up for sure. I better start making plans to buy more now!
[This message has been edited by The MaD cOw (edited 06-10-2010).]
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11:39 AM
notsonic Member
Posts: 90 From: woodbridge, nj, usa Registered: Oct 2008
I saw both and indy and an 88 formula on craigslist in the last week for $3500. Both definately looked worth it. Also bought an 87 base coupe last week for $350 as a parts car(since it wouldn't start) Took it home and put a good battery in it and it started right up. Rebuilding slave and put a new master on it,just waiting to get a new bleeder for the slave and it should be on the road.
Plan to clean it up and will ask around $2500 when i'm done depending whether I upgrade to power windows/locks,exactly how much work I put into it.
Economy plays a part too, people are trying to get as much as they can since money is tight. Doesn't mean they will of course.. but never hurts to try.
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01:07 PM
PFF
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css9450 Member
Posts: 5423 From: Glen Ellyn, Illinois, USA Registered: Nov 2002
I just got back from looking at a 84 4-speed that was in ,to say the least, poor condition. He wanted $500. This car needed an engine, the inside was shot, paint shot, tires shot.........etc. Basicly EVERTHING was shot! But it had a clear title! I left it.
But on a side note. I purchased a 88 coupe auto that is in decent shape for $500 about 6 weeks ago. All it needed was a fuel pump.
I just got back from looking at a 84 4-speed that was in ,to say the least, poor condition. He wanted $500. This car needed an engine, the inside was shot, paint shot, tires shot.........etc. Basicly EVERTHING was shot! But it had a clear title! I left it.
But on a side note. I purchased a 88 coupe auto that is in decent shape for $500 about 6 weeks ago. All it needed was a fuel pump.
I'm not. I like being able to afford them and parts without breaking the bank. If they get too high, it will impact a lot of us.
True, but the reason I'm OK with their price going up is it'll (hopefully) keep more of them out of the crusher. They've been disappearing a little too fast lately.
Of course, if the price rises too much, then we'll never get another chance to buy another; they'll all be bought and sold at high end auctions like 60s muscle cars.
It's very simple. I'm trying to find one, so prices have skyrocketed.
HOPEFULLY it's just because it's the start of summer. I can't find ANY fastback cars in ANY shape under $3000. But trying to find a rust-free fixer-upper is freakin' impossible right now. 84's and sport coupes in my area are priced around $3000 right now, it's INSANE, and pissing me off.
As far as the US goes, all used cars prices are on the rise, due to crappy state of the economy, which is going to get worse (in my opinion a lot worse) before it gets better. They were just talking on the news about this last week, even saying that Car Dealers were paying better than top dollar for trade-ins, cause they new they make a profit on resale due to demand for the cheaper used car.
Unemployment, wage cuts, reduced hours, reduced benefits, utility increases, etc., have driven people into the used car market. Where there's demand, you can expect prices to go up.
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10:48 PM
Jun 14th, 2010
Terry_w Member
Posts: 930 From: Fort Worth,TX Registered: Sep 2008
It's very simple. I'm trying to find one, so prices have skyrocketed.
HOPEFULLY it's just because it's the start of summer. I can't find ANY fastback cars in ANY shape under $3000. But trying to find a rust-free fixer-upper is freakin' impossible right now. 84's and sport coupes in my area are priced around $3000 right now, it's INSANE, and pissing me off.
there are at least 5 or more Fieros (not all GTs) here under $1k. Some of these have been for sale for almost a month. There are a bunch at higher prices but I haven't noticed any of those ads disappearing so I assume they are not selling at the high prices being asked.
[This message has been edited by Terry_w (edited 06-14-2010).]
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12:18 AM
PaulJK Member
Posts: 6638 From: Los Angeles Registered: Oct 2001
Is it just people that know absolutely nothing about the cars thinking that the cars are "rare" listing them and trying to get a ton of money for a junker?
With un-employment so high, I'd guess that everyone's just trying to get as much as they can to survive. Last i heard, un-employment is still almost 10% nationwide and 12% in calif.
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12:51 AM
CrazyBernie Member
Posts: 124 From: Hendersonville, TN Registered: Jun 2007
This gives by-keyword results for Craigslist for all Craigslist, regardless of location. There is also a distance option that you can fill out to limit your search to a certain area.
Another possibility is Jaxed.com When you get there, go to the "site mash" link. This will give you keyword search capabilities for the entire US and Canada that will include
Craigslist, Hemmings, and Ebay.
It's always fun to look, but I'm trying not to buy any more cars for a while. 13 is about all I can handle and maintain for now!!!!!!!
------------------ Gold '87 GT, Black '87 GT, Black '88 Mera, 64 Stingray coupe, '01 Corvette coupe, '03 Corvette coupe & caretaker of son's Yellow '87 GT, & Other son's Red '86 GT, General tinkerer and doer of mechanical deeds
I dont understand why people dont think they are actually worth this!? the value of these cars are trying to go up and the people trying to keep them down are the fiero enthusiasts themselves!
So true. The value of a Fiero is inevitably going to increase over time, as almost everything eventually does. Heck even the most detested car in US history, the Edsel, has become a collector car. The Fiero's day is coming for the same reason the cars of the 50's, then the 60's, and now the 70's became popular. The next wave will be the 80's cars... they are already defined as "classics". Look at the trends and you'll see that the 50's cars are losing their appeal because the people who were interested in them are getting too old to drive and the younger generations don't want Pop's old car. It's the people in their 40's that will drive the value of the Fiero up. They're the people who grew up with them are finally earning enough money to have a fun car... the one they always wanted as a kid or bought as their first car.
Locally in BC the Fiero has been going up by about 10% per year every year on average for the last 10 years. To the point that its not uncommon to see a regular stock 86-88 Fiero Fastback listed for $6000 and yes they are selling at that price. 88's are being listed for up to $8000 and modified cars with big engines are in the $8000-$12,000 range. The only ones that are cheap are either not running, in really really poor shape or are 84s. I do sometimes get offered really good deals because I am the founder and head of West Coast Fiero's, and they know that going to me for the most part means it'll get some love and attention. My wife and I keep the best and brightest for ourselves. (V8's and 88's) Then usually pass the rest of the deals on to the local club guys.
Odd question though, is it becoming a problem anywhere else to see "Scam" Fiero adds. Cars that are listed for next to nothing, and simply don't exist.
------------------ 85GT Soon to be 87GT,93 Eldorado 4.9, 5spd Dual O2 Custom Chip, Custom Exhaust. MSD Everything Capt Fiero --- My Over View Cadero Pics Yellow 88GT 5spd Full Poly Suspension, Lowered 1/2" in front, Corner Carver.
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05:47 PM
PFF
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Jun 15th, 2010
Australian Member
Posts: 4701 From: Sydney Australia Registered: Sep 2004
The thing is when your driving any 25 year old car it is going to need 25 years worth of maintanence. Every 25 year old plus car unless driven and maintained every day is going to need a nut an bolt restoration. What is a full restoration worth to you as your going to be driving part junk car as everyone knows what parts are worn or they need or want to change.
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06:54 AM
FieroMonkey Member
Posts: 3294 From: poway,CA,USA Registered: Nov 2002
I have never paid more than $4,200 for a Fiero. Ever. and I have owned over the last 13 years approx 5 indys (1 has a Superduty 4 with 18k miles), 7 GT's (3 were 88's and 3 were T-Tops) a T-Top Formula, 85 GT T-top, a IMSA wide body 84 with a Turbo SD4, and a few other coupes of various years and options. Most of the Fieros I have owned have been very nice condition cars.
Bottom Line, I think these cars are cheap, unfortunately so are we, so $5,000 seems like a lot to us, but really it is not much at all. I still see a lot of 88 GT's, Formulas, Indys, V8 Fieros, 3800SC Fieros, etc. selling under $5,000. To me that is pretty darn affordable.
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[This message has been edited by FieroMonkey (edited 06-15-2010).]
The Fiero is the only car I have owned that looks so good that is so worthless to others. A few mods and nice paint and twenty years later the car still looks good body wise compared to others that are new. The trick is to be happy with just having a clean Fiero and not spending money on it. Body kits, engine swaps and chops are just a waste if you ever plan to sell it. This is the only car I have seen that if you do an interior swap you spend more than the car is worth.
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04:49 PM
Carver1 Member
Posts: 2843 From: Edgewood, New Mexico Registered: Nov 2000
The thing I like about fieros being cheap, is that you can mess one up and it's not a huge loss. I asked my wife if I could chop her tahoe. Anyone wanna guess the answer?
------------------ 86 SE ChopTop 4 Speed 3.4 "The Short Bus" "For Sale"
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10:58 PM
Jun 17th, 2010
Vernon8360 Member
Posts: 1106 From: Pittsburgh, PA Registered: Feb 2008
Basic economics my friends; supply and demand. Fieros are no different than any other commodity. When there is a buyer and a seller there will be no deal until both sides are satisfied.
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