3rd Gen / L98 Engine Tech 1982 - 1992 Engine Related

how do you judge value of a thirdgen?

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Old Mar 3, 2004 | 04:21 PM
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how do you judge value of a thirdgen?

with the newest thirdgens out there being 12 years old now and most ahve over 100,000 miles it gets difficult to know the difference between the blue book value and the actually value of the car. whats a good way to judge value? i am looking at a 1992 z28 white t-tops original 350 is now a 355. 130,000 miles on the body which makes me nervous, but it has brand new engine, 1 year old paint, int. totally redone and brand new trans, the guy wants 5,000. now how would you judge value of osmehting like that? the odometer has alot of miles but it essential a new car. the only thing that really worries me is if i get into a car accident the insurance owuld only pay out the value on 130,000 z28 right? thanks for your help.
Old Mar 3, 2004 | 05:13 PM
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My car (check sig) with t-tops and 110,000 miles, i paid 5,800, but the interior/exterior/engine is perfect. He did some heavy suspention work, he showed me the recipts, they were like 1,500.

I would buy it if i were you, offer 4,500.

-Ville
Old Mar 3, 2004 | 06:04 PM
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I'm looking at a car right now too, and I don't know how much it is worth either...its a 90 z28, the exterior is FAIR...it has 1 key mark, and a few chips in the ground effects, but all and all pretty good, still shiney paint..the engine was a 5.0, yanked out and he put a 350 carbed engine in there, he says it has 300 hp, i dunno if that is to the wheels or the crank...the interior has a few rips, but i would replace the seats anywyas, and there is a few minor things like rearview mirror fell down, and the trim gasket rubber thingy that goes around the windshield is missing...also the motor has around 20,000 on it, and i think the body has like 80,000, not really sure, but the tranny is a 700R4 rebuilt...he wants 3500, but i heard he will take 2700, so I think 2500 would be a good offer? What do you guys think?
Old Mar 3, 2004 | 06:18 PM
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Re: how do you judge value of a thirdgen?

Originally posted by pardonme2711
with the newest thirdgens out there being 12 years old now and most ahve over 100,000 miles it gets difficult to know the difference between the blue book value and the actually value of the car. whats a good way to judge value? i am looking at a 1992 z28 white t-tops original 350 is now a 355. 130,000 miles on the body which makes me nervous, but it has brand new engine, 1 year old paint, int. totally redone and brand new trans, the guy wants 5,000. now how would you judge value of osmehting like that? the odometer has alot of miles but it essential a new car. the only thing that really worries me is if i get into a car accident the insurance owuld only pay out the value on 130,000 z28 right? thanks for your help.



The car either had a 305 or the t-tops were added later. In 91-92, you could not get a 350 in a Camaro with either t-tops, convertable, or a 5 speed.
Old Mar 3, 2004 | 06:58 PM
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yeah, most likely it is a 305, and the person selling it is under the impression that it is a 350. that happens ever to often. pardonme2711 check the vin number on www.thirdgen.org.
Old Mar 3, 2004 | 07:12 PM
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Paid $3800 for my 86 IROC with 85,000 orginal miles 305, viper alarm/keyless entry, t-tops, perfect interior, alpine head unit, pioneer speakers, nice exterior, and flowmaster catback. Oh yeah and its yellow which I think is rare for an 3rd gen. not to many yellow ones out there
Old Mar 3, 2004 | 11:53 PM
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it was originally a 350 car. the original engine was rebuilt and then bored to a 355, thats possible right? the picture left some to be desired but when i saw it in person it was flawless. perfect exterior and int. i asked if it had been redone and he said no all original i was shocked. now here comes the problem it runs like diareah down my *** crack lmao. he said it has a nasty exhastleak on the drivers said, and i know it does i can hear it. and the combo hasn't been tuned in yet. what would be some of the syptms of an exhaust leak? if it has one i am hoping to use that to haggle quite a bit.

a kid maybe 19 at most owns it and it seems like he doen't want to get rid of the car its his dad that is pushing him. he owns this car and a 2000 trans am and is selling both i ahve a feeling he took on too much finincial responsibility and his dad is tired of picking up the slack. his dad said i could take it today for 4,000 so i am gonna go see it again on friday and over 3,000$.

So just a few questions. what are the signs of an exhaust leak? how much to fix that and to get a dyno tune? and do u think it might be worthwhile if i could get it for 3,000$
Old Mar 4, 2004 | 12:07 AM
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Side note:
Seems like the Mustang GTs are going for about 30-40 percent higher than the Camaros.
Especially 91-93 models.
Then of course the 93 Cobra expect double in pricing.
For some reason the Mustang has just gone up in value lately, compared to the Fbody.
Old Mar 4, 2004 | 12:41 AM
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Probably because the Mustang is getting a new Generation and the F-Bod isn't. And also I remember reading a post where somebody said that the 3rd Gen Cars will never appreciate just b/c they made too many of them. I don't know if that's true or not but hey it's 12:41a.m. does anything I say have to make sense?
Old Mar 4, 2004 | 01:40 AM
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Originally posted by Pro
Side note:
Seems like the Mustang GTs are going for about 30-40 percent higher than the Camaros.
Especially 91-93 models.
Then of course the 93 Cobra expect double in pricing.
For some reason the Mustang has just gone up in value lately, compared to the Fbody.
yeah i had a 1994 mustang gt that was totaled with 105,000 miles on it and the insurance componany gave me 6,600 dollars for that. and for my 94 camaro z28 with only 53,000 miles on it they are giving me 6,900$ the mustangs jut seem to hold their value better for some reason.
Old Mar 4, 2004 | 08:56 AM
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A friend of mine has a 96 v6 camaro with no options (except t-tops) and his insurance company values his car at $6900.

102K miles.
Old Mar 4, 2004 | 11:15 AM
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Damn Rob thats a hell of a lot of information.

Someone told me that what I drove was what would be one of the valuable ones to get (after the cop cars of course).

If looking for a camaro. The transam and Firehawks might be harder to find and worth a little more though.

I bought mine for like 2700 or so 6 months ago. It just had a brand new paint job and other minor work. But I spent 600 bucks replacing the Ac compressor and some other components. Other minor work within the last 8 months, totalling maybe 500-600.

So ultimately I have almost a $4000 dollar Z28 with 173k miles that runs next to perfect now. Very reliable after the ECM changout.
Old Mar 4, 2004 | 12:41 PM
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Re: how do you judge value of a thirdgen?

Originally posted by pardonme2711
with the newest thirdgens out there being 12 years old now and most ahve over 100,000 miles it gets difficult to know the difference between the blue book value and the actually value of the car. whats a good way to judge value? i am looking at a 1992 z28 white t-tops original 350 is now a 355. 130,000 miles on the body which makes me nervous, but it has brand new engine, 1 year old paint, int. totally redone and brand new trans, the guy wants 5,000. now how would you judge value of osmehting like that? the odometer has alot of miles but it essential a new car. the only thing that really worries me is if i get into a car accident the insurance owuld only pay out the value on 130,000 z28 right? thanks for your help.
1991-1992 Camaro's are probably the most deseriable right now, especially the Z28's. Check on the factory 350 because the 92 wasn't supposed to have both a 350 and t-tops, but GM did let a few get out there. If that thing had a manual transmission I would grab it in a secont for $5000. An auto I would pay about $3500 for it (which is low) or let it pass. I would say that car is worth atleast $4,000 if you can get it for that its a good price. $5,000 isn't too bad either considering its a new motor. LOOK AT THE QUALITY OF THE PAINT!!!!! Very important if he got a cheap pain job a couple years down the road you will pay out your *** to have it stripped and redone correctly. If the paint is **** walk away, or be prepared to pay for it. As for the insurance thing you need to talk to your insurance company. Be sure to have the reciebts for the new motor and anything else you put in there so you can try and make them pay more for it.
Old Mar 4, 2004 | 12:43 PM
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Re: Re: how do you judge value of a thirdgen?

Originally posted by mako350Z28
The car either had a 305 or the t-tops were added later. In 91-92, you could not get a 350 in a Camaro with either t-tops, convertable, or a 5 speed.
GM did let a few get by, go over to thirdgen.org and check it out, a couple people got them. As 92 was the last year for the thirdgens GM was getting rid of there parts, and there were a few cars that shouldn't be (according to GM) produced in 92.
Old Mar 4, 2004 | 03:55 PM
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something is only worth what your willing to pay. i'd say between 3-4000 depending on overall condition. as far as the t-top/350 deal gm never let anything out. dealerships contracted orders. they are out there but in limited supply as it wasn't a gm option. check over at thirdgen.org as no one has vin proof of one existing. not that it's a big deal anyhow, either you like it or not. t-tops are a weak link with alot of power though so be ready to reinforce the frame where need be if you actually make any power in the car. if you do choose to pick it up good luck with it. the 91-92 z's are one of the best looking thirdgens out there and the 350 motors are alot of fun.




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