Appraising like new Fieros is a difficult task. We do know that its not a high demand car and the market is soft, but like new Fieros are still quite rare. Perhaps a hard core GM collector might buy such a car. The Formula is also a notchback and that styling is in less demand that the GT. So whats a fair price? Really hard to say but somewhere in the $10-$12 K range would be my estimate. Hook up with a good classic car appraiser for the best estimate.
" 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, Autolite 104's, MSD wires, Custom CAI, 4T65eHD w. custom axles, HP Tuners VCM Suite.
87GT - ALL OUT 3.4L Turbocharged engine, Garrett Hybrid Turbo, MSD ign., modified TH125H
" ON THE LOOSE WITHOUT THE JUICE "