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Old 07-29-2009, 03:09 PM   #1
DSworo9
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Angry Can anyone justify the price madness?!?!?

I am looking for a low miles, T-top, Burgandy, 5-Speed. Every where I look, people are trying to sell their 3rd Generation Camaros with a ridiculous price. For example; some yahoo has this vehicle available for $19,900! It has just under 7k on it. Is there anyone here that would pay this or even can justify the price/thought? Thanks.
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Old 07-29-2009, 07:47 PM   #2
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More info on the $19,000 car please? Its hard to say without knowing WHAT the car is, and with what options. If you haven't noticed, 3rd gens have started increasing in value (for the performance models) while the 4th gens have started decreasing in value.


It sounds like you're trying to find a jem but don't want to pay the price for it. I'm not saying you will have to pay $19,000 for a nice car, but don't be suprised if a low mile car that you WANT is going to cost you in the $7,000-$10,000 range.
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Old 07-30-2009, 12:23 AM   #3
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Originally Posted by BlueZee28 View Post
More info on the $19,000 car please? Its hard to say without knowing WHAT the car is, and with what options. If you haven't noticed, 3rd gens have started increasing in value (for the performance models) while the 4th gens have started decreasing in value.


It sounds like you're trying to find a jem but don't want to pay the price for it. I'm not saying you will have to pay $19,000 for a nice car, but don't be suprised if a low mile car that you WANT is going to cost you in the $7,000-$10,000 range.
Maybe you're right. But I do not see the justification in some of the prices out there, or maybe its just me. The link to the IROC is at the bottom, tell me if this is worth 20k. Thanks.

http://www.autotrader.com/fyc/vdp.js...standard=false
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Old 08-03-2009, 04:09 PM   #4
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Maybe you're right. But I do not see the justification in some of the prices out there, or maybe its just me. The link to the IROC is at the bottom, tell me if this is worth 20k. Thanks.

i'm going to say no based on the fact that is just a 305. although it is a 5spd car which can/does push the value up. i'm sure you could find one almost as nice for $9k less, but you will also have more miles.

that is a damn nice car though. i wont lie, if i had the cash i would buy it.

BTW for that those of you that dont know, the 3rd gens never came from the factory with a 350 and a manual.
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Old 08-03-2009, 06:12 PM   #5
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If the car looks and drives like a brand new car (which it SHOULD with that low mileage), then I would say someone out there would definitely pay around $15,000 for it, if not more. That's got super low miles on it, appears to be in extremely mind condition, and has every option on it that I can tell just from briefly going over the description.
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Old 08-03-2009, 06:21 PM   #6
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Take a look real close to the window sticker in the listing. It was 19K+ brand new. Guess he is trying to get his money back. Even mint "I" think its too high. Would go with the 12K to 15K if it checked out in person.
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Old 08-03-2009, 07:55 PM   #7
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You guys crack me up. Do you have any idea how much MORE $19,000 was back in 1987? Inflation inflation inflation!!!

I truly believe this is a $15,000 + car. His starting price may not be too far off.

Maybe I should show you a scanned copy of my appraisal on my convertible. It has 103K miles on it, got it appraised at like 101K or 102k. Care to take a stab at what it was appraised at?
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Old 08-03-2009, 08:03 PM   #8
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I'm actually thinking that a 3rd generation Camaro should be at least $19k if it only has 7k miles. That's amazing. I've put over 20k miles on my Subaru in under 2 years. Think about how much time has passed since the car has been released. That's simply a remarkable ratio of miles to years. Additionally, a car driven so rarely probably has significant value due to the quality maintenance that went into it. Finally, consider that classic Camaros are classic cars. We're not talking about Ford Probes here. A 3rd generation Camaro is a highly desirable car for multiple reasons, perhaps most notably for their potential as lightweight performers since they weigh less than the 2nd generation and bear more advanced technology at the same time.

If you can find a 3rd generation Camaro without rust and dents for under $10k, expect to pay in high mileage.
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Old 08-03-2009, 10:21 PM   #9
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This is the appraisal on my 103K mile convertible. It was a reputable appraisor (I paid $125 for these two pieces of paper). It is fully insured for the amount of $12,000.




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Old 08-07-2009, 12:18 PM   #10
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Finding third gens in good shape with low miles is tough. Parts are hard to come by as well. The good news may be that they are not in high demand. I would not pay more than 10K for one though, regardless of condition. I paid a little over 10.5K for my 1984 Z-28 (leftover in 1985) so I couldn't justify exceeding the original sticker price.

Now a first gen...that is a whole different subject.
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Old 08-07-2009, 07:01 PM   #11
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Finding third gens in good shape with low miles is tough. Parts are hard to come by as well. The good news may be that they are not in high demand. I would not pay more than 10K for one though, regardless of condition. I paid a little over 10.5K for my 1984 Z-28 (leftover in 1985) so I couldn't justify exceeding the original sticker price.

Now a first gen...that is a whole different subject.
how can that be, they made the car with almost NO changes for 10 years. other than fascias, tail lights and side cladding along the bottom and wheels the cars are the same. and the drive-trains if its a V6 they made TONS of the 2.8 and later 3.1 ditto for the 305 (carbed and or throttle/multi port fuel injected) and 350. I have a Year One catalog that covers 82-92 and you can almost build a car with the stuff in it .
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Old 08-08-2009, 03:38 AM   #12
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Well it makes sense if it's mint. 3rd gen's are just more and more rare. A lot of them where abused and are just gone.

Also they could just be shooting high. Never know unless you do cash offers on how low they would go.
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Old 08-08-2009, 10:33 AM   #13
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I understand the price to a degree. I had a new IROC-Z in high school and I would love to have mint car optioned exactly like mine. I would have been in the market to pay top dollar but then the 5th gen came out and took all my funds. My replacement IROC is on hold for now.
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Old 08-08-2009, 02:09 PM   #14
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it seems to me hes aiming a little too high, but maybe not much. id try offering lower, and see wat he says
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Old 08-14-2009, 01:12 AM   #15
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Hi everyone - been having around in the 5th Gen forum and decided to wander over hear. This thread is very promising to me as I have a 1986 IROC (original driver) and am keeping her. I knew one day that the car would start to increase in value. I do high many, many, many kms (miles) on it but am looking to rebuild the engine (actually not me - my hubby's job to do that). Original everything on it and it does need some minor work (small bubbles on the left wheel well) but nothing major. Now that I am a proud owner of the 2010 2SS we can take the time to baby the '86. Once it is done, then I have 2 to pick from on any given day.
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Old 08-14-2009, 09:26 AM   #16
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Parts for those years are easy to come by. When I was working at the salvage yard we had three 3rd gen Camaros(1 IROC and 2 Berlinettas) sitting out back being picked apart. I had to hunt for parts for my 69 Camaro. Made many a trip to RI and NH

I would offer a bit less, like the other posters have said. But I would KILL to have under 7k on an 80s vehicle! My 06 Hyundai has over 83k on it!
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Old 08-14-2009, 09:59 PM   #17
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Originally Posted by DSworo9 View Post
Maybe you're right. But I do not see the justification in some of the prices out there, or maybe its just me. The link to the IROC is at the bottom, tell me if this is worth 20k. Thanks.

http://www.autotrader.com/fyc/vdp.js...standard=false

Thats a pretty clean car.. miles are fantastic.. only problem is it's the 305 engine. and the wheel package is horride. 'I wouldnt buy it for $19,000.
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Old 08-18-2009, 02:15 PM   #18
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how can that be, they made the car with almost NO changes for 10 years. other than fascias, tail lights and side cladding along the bottom and wheels the cars are the same. and the drive-trains if its a V6 they made TONS of the 2.8 and later 3.1 ditto for the 305 (carbed and or throttle/multi port fuel injected) and 350. I have a Year One catalog that covers 82-92 and you can almost build a car with the stuff in it .
Far from it man. Have you tried to find pieces for a 3rd gen. You cant get anything other than Electrical and Mechanical. Try to find interior trim pieces, its damn near impossible. I have a converible I am trying to restore and cant find anything for it. I have tried Year One, Classic Industries, Paddock, Ecklers, Classic Chevy, etc.....noone carries parts for 82-92, its all crap mechanic parts that you can pick up at any Pep Boys or Auto Zone.
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Old 08-18-2009, 07:17 PM   #19
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If prices are that bad find a V6 car n make changes as needed.

Or even start with a shell. End up with a nicer car in the end still $$$.
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Old 08-18-2009, 11:07 PM   #20
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Yeah, I've tried to find part at the junk yard around the area a couple years ago and couldn't find anything. There are some on craigslist parting out their Camaro.
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Old 08-19-2009, 10:10 PM   #21
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3rd gen

I have 2 third gen camaro's. They both need work but the one needs front end work which the other car has all the parts for. They are 25th anniversary i beleive. My husband wants to fix the one, but he doesn't have the time. The one i was driving and it does still run. It needs the fenders replaced, radiator and I'm not sure what else,but they are all on the other car.
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Old 08-20-2009, 08:46 PM   #22
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Quote:
Originally Posted by DSworo9 View Post
I am looking for a low miles, T-top, Burgandy, 5-Speed. Every where I look, people are trying to sell their 3rd Generation Camaros with a ridiculous price. For example; some yahoo has this vehicle available for $19,900! It has just under 7k on it. Is there anyone here that would pay this or even can justify the price/thought? Thanks.
Here you go, found you a car while browsing ebay. Not sure where you are from but this looks like a deal in Hanna City, IL.

http://cgi.ebay.com/ebaymotors/1986-...=p4506.c0.m245
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Old 08-24-2009, 10:09 PM   #23
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BTW for that those of you that dont know, the 3rd gens never came from the factory with a 350 and a manual.[/QUOTE]



Actually, they did. When the IROC first came out in '87, it was an option (extra). Not a model, such as a 2ss rs. It was like adding on ground fx.
I actually owned a 5.7 5 speed and had to deal with this same, "they didn't make a ........" when I needed to replace the clutch.

And as far as price, my 87 iroc auto with over 100k, appraised for 10k. And the interior is no where near as nice yet.
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Old 09-16-2009, 11:36 PM   #24
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It was a rare your state or dealer only option then.
As the 350 stick 3rd gens coudln't pass the Cal smog test on down shift rules.
Which means if it can't be 50state legal, GM don't sell it everywhere. And could only be a dealer option where legal.

That rumor is also use to explain/prove that the T5 is "weak" it was blamed for no 350 as GM said it wouldn't hold up. Which is crap, can find guys on TGO with built 400s racing a T5 but they know how to shift. Where others with a stock 305 can blow one every week.
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Old 11-19-2009, 12:31 PM   #25
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sub 10k mile IROCs, Z28s, GTAs and other specialty thirdgens can and will sell for $20k and more. There are enough people who want these cars that they DO pull in that kind of money. Keep in mind that thirdgens with that kind of milage are rare cars, so they are capable of pulling in the money. Camaros aren't like Corvettes... 90% of the 80s corvettes out there are low mile garage queens, so finding a low mile mint one is easy. If you want a low mile mint thirdgen, you've got to pay for it.
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