There are 2 current examples of an 87 and 88 fully customized with convertible tops that were sold by lothar to a st. Catherine’s dealer then wholesales to 2 other car dealers this year. No they don’t have as low miles on the chassi but are fairly mint non the less. The 87 http://www.autotrader.ca/a/..._10_8&srt=3&showVs=1 Hasn’t sold and was recently dropped to $8888 cad which is 7k usd and the 88 http://www.autotrader.ca/a/..._10_8&srt=3&showVs=1 is still priced at 12500 cad which is 9900 usd. They have both been for sale at dealerships for the last 6 months! Great deal for a south of the boarder forum member even with import charges. Remember from a retail perspective low miles on an engine swapped car fully customized really means nothing when compared to another fully customized similar car if both are rust free and done right.
Very good comment! So true. Anyone have other recent examples of actual sale prices for factory or swapped engine cars? I know of the most recent 88 get example from auction that sold for 19k with only 500miles on it. Purchaser has it up for sale for 29k right after he bought it. That’s a little crazy.
Love your post +1. I think the Michigan Fiero Club did a great job putting together their price guide. From what many owners have told me 2017 was a "soft" year. What is not in this guide is the 1986.5 model year which has the 5 speed. I would expect they will be worth slightly more than the early 1986's with the 4 speed.
I was pleased to see the car sell at $19,000. I think that is an absolutely correct price at this time for a pristine 500 mile car from that era. Of course I would want it to be worth more according to my vehicular preferances, but $29,000 is stretching it a lot. JMHO.
There are many other vehicles that are worth more due to market, rarity, availability, etc. And of course we have the Reliant K as our automotive low on desire.
I want to explain my "the Fiero will never be a dream collector car" post. I am not meaning it does not have intrinsic value in the automotive world. Not by a long shot. Just that it is not a GT350 or the such. I know most of you will catch my drift here.
Too many negative ratings in a short period of time gets you banned. Once banned, Cliff can step in and give 1 positive rating to the member. If the one positive rating is enough to tip the rating scales, the member is unbanned and their account is active again. As you see, I guess he wasn't a big enough **** to stay banned By the way, The **** comment is just a humor post....I have no idea why he was banned and then unbanned.
[This message has been edited by IMSA GT (edited 01-05-2018).]
I looked over the Hagerty prices. I think they overated practically every variation. Unless your specifically a Fiero fan/fanatic, none of those prices are realistic. The best anyone can price an old car is just what you can really get. Like stated, Fieros are not an in demand collector car. What you think its worth or what someones asking is not a value price. Not to demean anyones car, but I have never seen a stock car ever worth over maybe around $5000-$6000 tops...I dont care if its got 20 miles. Anyone can find a running and driving one for less than $1000. Everyone on here is going to do some degree of restoration or modifications. I cant see someone spending $7000 for a car, modifying it with another $4000 to get a car thats worth $8000 except just out of love. As a past collector of many kinds of cars I do get it. I spent almost $20,000 building an 86 GT with a V8. Everything nearly bumper to bumper was new except the frame and body panels. It ran fine. I was stupid. I sold it with less than 4000 miles for a great $5000...for a loss of $15,000. Not many others have the luxury of loosing that much.
I would agree with you the actual sale prices are not reflective of Haggarty’s evaluation. That said I’m fine with there evaluations as that ends up being the replacement value of your car. Meaning they cut you a cheque for that amount if you fall in the applicable category at the time you obtain the insurance.
With any collectible car insurance, if you choose AGREED VALUE, you name your own price...and if both parties agree...thats what your replacement check will be. The company will agree to anything within reason. My Ferrari kit was covered for $30,000 on an 86 Fiero SE. Pretty sure with those Hagerty prices, they are showing what they believe might be reasonable values for them. Your not going to get covered for $8000 for a driver worth $1500, as you are also not going to get $90,000 for a mint one.