Ottawa Fiero Club Forum

General => General Chat => Topic started by: dpgam on April 20, 2016, 04:59:32 pm



Title: How much is my Fiero worth?
Post by: dpgam on April 20, 2016, 04:59:32 pm
I have a 1986 2M4, 4 cylinder, automatic with only 25K original km.  It is in excellent condition.  I  have the original manuals, sales brochures, sales invoice and many of the service records.   I don't drive it very much anymore and would like to sell it but need some help in establishing its market value.  Can anyone give me some idea of its worth?  I am located in Ottawa.

thanks


Title: Re: How much is my Fiero worth?
Post by: aaron88 on April 22, 2016, 01:12:02 am
If it looks like it's low kilometres as well as being low kilometres, then it's kind of hard to say because it doesn't fit into the regular market.  So basically it's worth something that isn't related to what you can get from selling it.  Supply and demand.  If someone want's it and is willing to pay for it then you get what it's worth or more.  If not then you get much less.

Call an appraiser like "Grandpa's Garage", it will cost a couple hundred dollars to get an official document.

Good luck,

Aaron

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Title: Re: How much is my Fiero worth?
Post by: dpgam on April 22, 2016, 03:31:52 pm
You are correct, it all depends on demand at any point in time.  I have an appraisal for $6K but haven't had anyone willing to pay that price.  I guess I'll drop it down and see what happens.  thanx


Title: Re: How much is my Fiero worth?
Post by: Dan on April 22, 2016, 05:13:29 pm
another problem with selling low mileage very few owner cars of our cars age is the person buying it needs to remember another owner and putting miles on the car will depreciate its value quite quickly and quite often with low mileage cars is once you start putting miles on it you often run into failures of parts from sitting so much they dry up or rot out internally.


Title: Re: How much is my Fiero worth?
Post by: GT_Gulf on April 24, 2016, 07:46:37 pm
Low miles or not its still a 2m4 fiero. I had a lot of trouble selling my 88 formula for 3500


Title: Re: How much is my Fiero worth?
Post by: dpgam on April 26, 2016, 08:53:48 am
Sold it on the weekend for $4000 to a car guy from Montreal.  He attends classic car shows and will be proudly entering my fiero.  Given all the original paperwork and its great condition he expects to be sending me pictures of his trophies later this summer!

Thanks to everyone who replied to my post.


Title: Re: How much is my Fiero worth?
Post by: can machine on April 29, 2016, 11:01:34 pm
Wow well done.


Title: Re: How much is my Fiero worth?
Post by: aaron88 on April 30, 2016, 12:37:26 am
Could have been better. Could have been worse.

I don't think I'd sell mine for less than 20K.  But nobody would buy it, so I guess I'm stuck with it for better or worse.  Kind of like getting married, you cross your fingers and hope you are making the right decision well before you have all the facts.

Aaron

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