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 anda 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/i...amaro1.56d.jpg


http://server6.theimagehosting.com/i...mg=camaro2.jpg

http://server6.theimagehosting.com/i...mg=camaro3.jpg

http://server6.theimagehosting.com/i...mg=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 .

 

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

 

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!