Do you guys think this car is worth 1600.00?

i was driving through town and noticed this camaro @ a buy here pay here dealership for sale . its a 1983 Z28 5speed with the 5.0L 305. i test drove it and it seem to run good. never stalled , missed or anything. i brough it back and asked the woman how much they wanted for the car and she said 1,595 plus tax and title so actually would be aroun 1750 according to my bank cause i went to the bank i do business at to get a est. monthly payment on a loan for it. as i said the motor and transmission worked smoothly with no problems but the body needed work mostly QP's and a fender. heres some pictures. any opinion as to whether you guys think its worth the price is greatly appreciated. if i do buy this it will be a project for my father and i.


http://server6.theimagehosting.com/image.php?img=camaro1.56d.jpg


http://server6.theimagehosting.com/image.php?img=camaro2.jpg

http://server6.theimagehosting.com/image.php?img=camaro3.jpg

http://server6.theimagehosting.com/image.php?img=camaro4.jpg

i would buy it for 1,200 if the inside is cool buy new fenders and if the quarters didnt rust throughand also has a strong engine

i bought mine for 1,500 and my rust isnt that bad check it out the title is rust problems in this same forum

I would say no considering blue book for a 88 IROC Z is $970 in fair condition. (KBB only goes back to 88.)

Thats a lot of rust. But looking at its location is because of what the tires slung on the body. So the doors may be ok and such but the underside may be bad. The price may be high because the lot you saw it on has to make some bucks from it. Look on autotrader.com and see what private parties are selling them for. Online KBB ( older you would need to look in red book or nada) adjust by cars advertised for sale in the area as well. The print book does not do that as fast. Only updates every six months.

i checked the underbody before i test drove it and it appeared to be in pretty decent shape the pumpkin and driveshaft didnt have rust on either one of them . but my dad and i are looking at it again today so i will get a better look @ it .

quote:

ORIGINAL: MadMikeZ28

Online KBB ( older you would need to look in red book or nada) adjust by cars advertised for sale in the area as well.

is the red book an internet site as well or something i have to go out and buy.

edmunds.com goes back to 1980:
www.edmunds.com/products/tmv/used/epl/UTMVController

quote:

ORIGINAL: Camaro 69

edmunds.com goes back to 1980:
www.edmunds.com/products/tmv/used/epl/UTMVController

That must be way off, it only blue booked my 86 Z28 in average condition $470 private party value

quote:

ORIGINAL: Jr. Mechanic
That must be way off, it only blue booked my 86 Z28 in average condition $470 private party value

I can do better than that. How about $475 cash? I'll be right over!!!
That's why you can't use book value as the final word. Book value usually doesn't accurately reflect the collectibility of the car (if there is any). Cars like this still have to be estimated based on the street value of other similar models that have been sold in the recent past.
There are always three prices for a car...what the seller is asking, what the buyer thinks he should pay, and the negotiated price between the two.
This one that 1983camaro is looking at sounds a little high to me though. I've seen (and bought) cheaper and in better shape. But, he did say he was looking for a father-son project, which it definitely is!

well i went back up to the dealer today, and my dad managed to get them to drop there price  down to 1100. im goin to my bank wednesday and getting a loan. motor is clean as a whistle and interior is in average condition.

Negative...

quote:

ORIGINAL: 305GIRLIE
Negative...

HUH?...

quote:

ORIGINAL: Camaro 69

quote:

ORIGINAL: 305GIRLIE
Negative...

HUH?...

When a person says "Negative" that would usualy mean they are saying "NO". "Affirmative" would be "YES".

quote:

ORIGINAL: MadMikeZ28

quote:

ORIGINAL: Camaro 69

quote:

ORIGINAL: 305GIRLIE
Negative...

HUH?...

When a person says "Negative" that would usualy mean they are saying "NO". "Affirmative" would be "YES".

No sh@# Sherlock! But negative (no) to what point?

quote:

ORIGINAL: Camaro 69

quote:

ORIGINAL: MadMikeZ28

quote:

ORIGINAL: Camaro 69

quote:

ORIGINAL: 305GIRLIE
Negative...

HUH?...

When a person says "Negative" that would usualy mean they are saying "NO". "Affirmative" would be "YES".

No sh@# Sherlock! But negative (no) to what point?

Maybe to the title of the thread Einstein

so madmike , do you think it is worth 1100 , thats what we got it knocked down to. i can get a fender for like 60 bucks and QP's for about the same each.  p.s sorry for that guy acting like a smart a**, i used to be the same way and realized how stupid i made my self look.

1100 isnt that bad,...i dunno though, i paid 1500 for mine 4 yrs ago with no rust on it at all...
But if the floor pans and underside isnt rusted and your gonna replace the fenders, then go for it

hopefully the loan will get appproved. if i get it wednesday , i will get pictures up of it .
 

if it was me, i would not even think about it.
 
I'm from new york, and thats to much rust for me.
 
id say go back there with 800$ in cash, and be happy if they bite, if not they wont sell that car.
 
its not horrible, but 1100$ is alot for whut it is.

quote:

ORIGINAL: 1983camaro

so madmike , do you think it is worth 1100 , thats what we got it knocked down to. i can get a fender for like 60 bucks and QP's for about the same each.  p.s sorry for that guy acting like a smart a**, i used to be the same way and realized how stupid i made my self look.

Who is acting like a smart azz?............Well any who.
Its really hard to say what its worth.  What you have to look at is, is a Camaro a car you got to have? If so then are they plentiful where you are at?
Me, I have to always have a third gen Camaro. But here in Cali there are enough of them to go around and I would not buy one with that much cancer on it. If I had to, I don't care how well it ran (it would have to run decent) but I would not spend more than $800 like Coveted suggested.

Make sure you look around at other cars. Two things about that car bother me. If the car was taken care of then was the body let go? Rust is rarely selective the idea that the rust has only done cosmetic damage seems very optimistic. If you are not 100% sure of what you are looking at take it to a mechanic spend the $25 and have it put on a hoist by someone that does not work for the place selling it.
 
Fenders are easy to change tho getting them aligned can be tough. Quarter panels are not so easy. You need either some serious skills in a well equipped shop or a fat wallet to do a nice job on Quarters.  
Here are finish auction from ebay that sold!, I am not sure if you have to be logged in to see these?
 
http://cgi.ebay.com/ebaymotors/87-CAMARO-IROC-Z-T-TOPS_W0QQitemZ270197983195QQihZ017QQcategoryZ6161QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
 
http://cgi.ebay.com/ebaymotors/IROC-5-0-TBI-Auto_W0QQitemZ290192526352QQihZ019QQcategoryZ6161QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
 
http://cgi.ebay.com/ebaymotors/T-TOPS-SOME-OUTSIDE-RUST-NEEDS-DRIVERS-SIDE-FLOORBOARD_W0QQitemZ160191028943QQihZ006QQcategoryZ6161QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
 
The first two are pretty sweet the third states its got some rust issues and sold accordingly.
Good luck!

i know the car is not as bad as the third auction, as far as the floor board goes. the fender shouldnt be a problem, ive swapped them out before with no problem . i have a friend who can do  body work, and theres a shop where i live that will do the QP work for between 500-750 $. i mean, im not lookin for this to be a done in overnight type deal. since its the car ive been wanting, im gonna spend a few years on it fixing it up/ im startin with the body then movin to the interior , then what ever comes next.

I guess cars are just cheaper out here.  I have $850 in my IROC so far and the price will go down as I sell off my parts car stuff.
I'm shooting for Zero dollars spent but probably not realistic because I still need to buy tires and such
 
Still $1100 sounds like alot to me for a rusty '83

As a X-GM master tech I have helped friends with a lot of first time car projects. Some projects worked out great other end up sold for parts. One thing I heard more then anything else is. "I wish I would have looked around and started with a car with less rust" Rust is like a ice burg normally you only see a small part of it. Undercoating, other layers of steel, gas tank, carpet and lack of light all hide rust. Last thing you want to find out when you replace your quarter is that there is not a soild edge to weld to. It does not have to have a hole to not be strong enough to weld to. So then you need the inner quarter opp's the trunk area is not solid,,,,,
 
I am not criticizing you for wanting a 83 V8 5sp I know what its like to want that car in your garage. Hell I had a 82. I am just trying to help.  
 
This seems like a good deal near you?, One quarter pannel and you spend the rest of you project bugget making it yours not fixing stuff.

http://cincinnati.craigslist.org/car/492606380.html