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3rd Generation Camaros 1982-1992 Camaros

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Old 07-28-2010, 07:40 PM   #1
insidethreat07


 
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1982 Pace Car Value

Just kinda wondering what the value would be after i restore it. A couple more paychecks and im gonna see if the guy still wants to sell it for $900. 305 CFI but a new intake a]is on it now but i get the cfi intake and carbs, ttops, lil bit of mold on the inside and like a couple dime sized rust spots on the drivers front fender, just wondering what it would be worth when it done and put back to original. Thanks
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Old 07-29-2010, 08:02 PM   #2
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The answer is - what ever the public is willing to pay.

Because the car is old, and because the car is not in mint condition and because 1982 was not a prime year for that vintage of car the answer is probably between $1000 - and $3000

You will probably spend more to restore it then what it will be worth.

If you wish to dispute my answer, you can go to Kelly Blue Book and look it up for yourself.
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Old 07-29-2010, 10:19 PM   #3
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I believe you,after I would fix it up I wouldnt sell it just kinda wondering, plus it would look good sitting beside me dads 68 camaro
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Old 07-30-2010, 10:22 AM   #4
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The neighbors, up on the hill above my house had one in their front yard.
They drove the poor thing, summer and winter.
The iron moths chewed it down to nothing.
The scrap man gave them $40 for it.

I believe that they kept the wheels and turned them in for the aluminum.

It might have had 80,000 miles on it, but the oil probably wasn't changed more then 6 times in its whole life.

They also had a IROC Z/28 with Recaro Bucket seats, T roofs and a killer stereo.
Same deal, the junk man gave them $40 for it and hauled it away.
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Old 07-30-2010, 01:55 PM   #5
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thats crazy, it pains me to see cars like that that could have so much potential if the owners wouls take care of them. I have a 98 monte z34 with around 190k miles. People dont believe it has that much since i take such good care of it.
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Old 07-30-2010, 06:56 PM   #6
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true indy pace cars with the true engines (meaning if it had the crossfire in it & still has the cross fire in it) then its worth more I have seen these cars go up to about 20k in the right conditons with the right equipment. over my years of dealing with these cars i have seen a few of them in washington state.

I know of one that has been fully restored & the owner was offered 35k for it & he said NO
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Old 07-30-2010, 10:27 PM   #7
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wow, the guy still had the cfi intake and the carbs with it laying beside it, when you say true pace car do you mean the replica or an actual pace car with the light bar
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Old 07-30-2010, 10:30 PM   #8
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Quote:
Originally Posted by insidethreat07 View Post
wow, the guy still had the cfi intake and the carbs with it laying beside it, when you say true pace car do you mean the replica or an actual pace car with the light bar
No one of the replicas, but there are several clone replicas as well
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Old 07-30-2010, 10:35 PM   #9
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i see, im pretty sure this in a true replica, last time it ran was about 15 years ago
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Old 07-30-2010, 10:35 PM   #10
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and the vin # checks out too
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Old 07-30-2010, 10:35 PM   #11
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kewl
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Old 07-30-2010, 10:37 PM   #12
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hopefully it is a true one haha
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Old 08-01-2010, 11:38 AM   #13
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The car is not worth anything.

If it was a '69 RS / SS / Z/28 - Convertible, Pace Car - then you could pretty much ask any price - in any condition and someone would be willing to make you a offer.

I know of a guy, that had a '69 when he was a kid, brand new off the show room floor.
He was desperate for money when he went to college and sold it to a friend who lived up on a farm. When that persons parents died and the farm was sold, he took his Pace Car to his house above Brockway PA. It sat in front of his house for many years in primer and except for a few people, no one ever knew what it was besides being a '69 Z/28 convertible with hide away headlights. The cousin of the original owner was a close personal friend of mine and knew the 2nd owner and one day on a trip to Elk Automotive to pick up some parts, he let us take that car for a ride, even with 10 year old gasoline in the tank, it would light up the tires in all 4 gears.

Several people begged him to sell them that car and he would not sell.
One day he was desperate for money and he sold that car for less then $10,000

The third owner, put a new roof, interior and a paint job on the car - White and Orange with all the decals.
I believe that it is now worth - more than $50K today.

Your car was made in 1982, they made lot's of Camaro's in 1982
1982 was not all that long ago in the grand scheme of things.
People knew when the 69' Z/28 came out that it was something special and was a real performer.
We all know that the Cross Fire Injection 305 was a real dog and that most - if not all of them blew up!
It was junk.
So basically what you have is a over glorified Z/28 Camaro with some stickers on it that says that it is a Pace Car.

When I lived in Clearfield County Pennsylvania, there were more 1984 Monte Carlo SS and Z/28 Camaro's and Pace Cars there then most anywhere else in the country.
In 1983 only a couple of SS Monte Carlo's were made somewhere around 4,713 - one for every Chevrolet dealer in the country that wanted one on their lot at that time.
In 1984 - production increased to 24,050 units..
In 1986 - when they made 200 Aero Coupe's - that was a real desirable car.

What you have to understand here is that the Monte Carlo SS used a front headlight bar cut in two sections - off a Z/28 Camaro to hold the headlights in the front end.
The cost of making a plain Jane Monte Carlo into a SS was almost triple as much as if you just went out and bought a brand new one off the lot.

With A Z/28 Camaro - all you had to do was change the wheels and the paint job and buy the decals and you could make a plain Z/28 into a pace car for about $1000 - $2000 depending on your source for parts.

I'm not putting your car down, all I am trying to do is explain to you that you don't have anything.

The rarest Camaro sold in 1982 was sold by a Chevrolet dealer in either Punxsutawney or Indiana PA. It was a new body style Z/28 Camaro with a factory installed 350 engine.

I have never seen one before or since.

It is sitting in a garage in Punxsy with less then 1000 miles on it.

The owner drives it to a local garage once a year to get it inspected and maybe twice a year to put it in local car shows. Probably less then 100 miles per a year is put on the car.

That person has been offered $30,000 for his Camaro and will not take it!

That is the Holy Grail of new body style Camaro's!
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Old 12-01-2010, 11:42 PM   #14
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Cars like this need to be saved. First off it's a frigging camaro. No not wourth much but the can become a hellava good time restoring. I've got a few 3rd gen I love bouth and one was a 82 pace car. Kept the hood and carbs and installed bigger hood and offenhouser cross ram. The car rocks. It's pretty easy to work on and parts can be cheap (at times ). I have an albume in my profile with some cool pics. Please check them out.
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Old 12-14-2010, 08:26 AM   #15
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Sorry, Monte Carl Man, but you might have to rethink the 82 Pace Car not being worth anything. Since it was the only 3rd gen Camaro that was a pace car, it holds value to collectors. And as for it being a glorified Z/28 with stickers, almost all of the pace and festival cars are pretty much the same way. It's being that 'glorified' car that adds value. A past president of our Camaro club has one and values it right up there. (He also has a Grand National, a REAL 69 Z/29 (original), a tri-five Nomad (not sure which year), and a few others.
The crossfire may not have been GM's greatest achievement but, in reality, if you find one that is matched with disc brakes on a pace car, the value just went way up. That combo was rare on the 82 pace car. I should know, we used to have one and I found out after we sold it to a friend that it was actually pretty valuable in restored form.
The Camaro pace car book actually lists all of them made and it is a pretty short list. Insidethreat07, if you send either Iroczlover or myself the VIN, we can check the book and see if it was one of those that came that way. If you are hesitant to do so, I understand.

Bottom line is that the value is whatever someone will pay for it but, these are becoming more sought after. Heck, even one of my friends who is massively into lowriders says he would like one and leave it all original.
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Old 03-03-2011, 09:01 PM   #16
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Nostalgia Off to a wedding in a Vintage '82 Tux and PaceCar purchased outside Pittsburgh PA.
Sticker was just under 15k and it was not one of the original Speedway cars or race prepped cars which should be worth some $. It was the Carb 305 with imho arguably one of the weakest drive trains produced in GM history. What's ironic is, the Z28 was Motor Trends Car of the year. Massive 15" wheels and state of the art 6 way manual adjustable seating. Wow we have come along way. The cam self destructed just after warranty and after engine replacement the ring gear shredded. Still loved the car. Heard the guy that bought it from me totaled it a week after signing it over to him.
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Old 04-26-2011, 12:44 PM   #17
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I have this car, I'm looking to restore it, I actually live in this car. Therefore, the stories about it are kinda becoming my life's story. I am giving all attention to restoring this car. I am in Missouri, what shops should I go to. This car has a dead-line that I am extending on it. I have never worked on or owned a car before, this is my first project/owned car. If opportunity means as much to you as it does to me, no matter what your specific interest may be, I will get responses on what to do exactly. My car, music, and business is all that matters to me, if you need the big picture....
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Old 04-27-2011, 05:20 AM   #18
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The '82 pace car is one of the more desirable thirdgens (Right behind the '89 TTA pace car and the Firehawk.) For the best resources, I would recommend you check out : www.thirdgen.org It's a site that is dedicated to the '82 to '92 F-bodies. thirdgens are great cars (I should know, I have 4 of them! LOL) And while they may not be very valuable yet, consider this: I bought my '69 Z-28 in 1989 for $1,200 in running condition.
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Old 04-27-2011, 06:58 AM   #19
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Keep the faith. it's a camaro so it's def wourth redoing. The third gen still as an antique still gets no respect. Just keep in mind there are haters that don't remember that cars that were sold in the 60 and 70 werent worth crap at first. But 30 to 40 years later and bingo. So like everything time is all that really maters. I do beleave that when the 3rd gens start to hit the 30 to 40 year mark there cost will start to go up as well. The82 was motor trend car of the year for what it's worth. Don't scrap restore!!
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Old 04-27-2011, 09:15 AM   #20
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Check the Barret Jackson results for some thirdgens... just a few months ago, they had a handful sell ranging from $12k to $54k (yes, $54,000). They were all in pristine condition and most were unrestored with relatively low miles. Very solid driver quality cars can fetch $5k to $20k depending upon condition and quality. Proper restorations or tasteful resto-mods can bring big money as well. Saying these cars are worthless is just plain wrong.

For the car in question, though, the issue becomes one of a guaranteed financial input versus an unguaranteed financial return. Depending upon the condition of the 82 pace car, it may cost more money to restore it correctly than the car's actual worth. If the car is in poor condition with rust, then financially it will not make sense. This isn't like a 69 Camaro where you can do a half-baked restoration and sell it at a profit to hordes of customers who think Chevy only made Camaros in 1969.
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Old 04-28-2011, 02:59 PM   #21
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Exactly! Cars are a really poor investment (In most cases.) I think if you keep in mind that you are probably not going to make a profit off of the car, and instead, just concentrate on having fun, you will be best off. My '90 RS is a case in point. I've invested over 20k into a car I paid $1,000 for 10 years ago. Smart? No. Fun? HELL YES! The car eats most things on the road and only cost me 21K! Could I get 21K if I were to sell it? Nope, but that does not matter to me. What DOES matter to me is the looks I get after races with high-dollar sportscars. PRICELESS! Car is on it's second rebuild (I dont drive it far, but I DO drive it HARD!) Maybe this time it will come back with a supercharger...
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