While I have not been much of an active participant on the board in the last couple of years, I just could not help voicing my opinion here after seeing the bashing you guys are giving to this poor guy.
I cannot speak to the quality or pricing of the car without seeing it first. Only after doing that could I give a fair and honest assessment. It could be an absolutely immaculate, fully documented climate controlled garage kept example with excellent original paint. It could be an avarage car with a factory/dealer(under warranty) repaint or needs paint as many of these did when they left the factory. Do any of you even know what the car really is?
I have been collecting these cars for many years and have seen good times and bad times as far as many economies as well as car markets. While neither is at its best at the moment, the higher quality lower mile cars will always command a premium especially as far as an 87 GN. Values have consistently risen over time for these cars and in all liklihood, will continue to do so. The past performance is typically a pretty good predictor of the future performance.
Is everyone looking for a deal? Sure they are, but the folks that don't have to sell or simply choose to sell, at a price, can certainly hold out. They will get their money at some point from someone.
There is a lot of junk out there for sale too and the folks that take the time and do their due diligence will find the right car at the right price for them.
I have also seen plenty of low mile cars with undisclosed damage with folks asking premium prices for them and people selling them to people that more cash than smarts buying them only to find out later that what they bought(thought they were buying) was not what they were sold.
No matter how you look at the market, here are the facts as I have learned from the market in my years of collecting these cars. As far as value escalation and resale, the following is a ranking of cars as the values escalate and how quickly the cars resell in order from greatest value escalation and saleability to the least as far as Intercooled Turbo Buicks are concerned.
GNX(547 produced)
87GN(20,193 produced)
86GN(5,512 produced)
WE4(1,547 produced)
87 & 86 T w/W02 trim(6,189 including chrome trim cars)
87 Limited(1,035 produced)
87 & 86 T w/chrome trim(6,189 including W02 trim cars)
86 WH1(463 produced)
Of course experience and opinions will vary on this, but this has been my experience over the years and it is plain to see that rarity does not always equate to value or saleability of these cars. The bottom line is that the 87 GN is the most saleable of the affordable Intercooled Turbo Buicks. Thus a low mile high quality 87 GN will bring more than a low mile T or for that matter even an 86 GN.
My personal opinion is that he might be a little high, but not by much and the bottom line is that without seeing the car, none of us can give a true opinion on the value of the car no matter what our level of experience. One thing for sure, he is smart enough to weed out the tire kickers. If anyone has seen the car in person, I would like to hear their opinion. There are certainly enough Turbo Buick guys in the Maryland area that someone should at least take the time to check out out for any interested parties that are more than a couple of hours away.
Now you can all feel free to bash me to for stating the facts!:biggrin:
.....any nibbles, I'll pass along to him
