1987 Pontiac Fiero

GT Coupe

2.8L V6

Automatic

1G2PG1191HP236595

Clear

Gasoline

Up for auction is my 1987 Pontiac Fiero GT with just over 117,000 original miles on it; which is relatively low for a nearly 30 year old vehicle. I am the second owner of this car and purchased it back in 2001 while in college. Thus, I have owned the car for the past 15 years and am only parting with it due to the demands of a growing family and the need for a vehicle with back seats! This Fiero is an overall very good condition and just needs a few things to be done to bring it to nearly perfect condition. The car is extremely maneuverable, peppy and a blast to drive and I would not be afraid to drive it home from nearly anywhere. The Fiero is America's only mass produced, mid-engined two seater sports car and is gaining value every year as time goes on and they become rarer and rarer; it is a classic. Owning this car is like owning a piece of history and it is definitely not a common car you see on the road in 2016. The GT version of this car was the highest trim offered and comes with many of the features that Fiero collectors desire; such as the legendary and very reliable 2.8L fuel injected V6 and huge GT rear wing, the PONTIAC text that lights up at night in the rear, etc.. Simply put, the Fiero is a looker and people notice it wherever you drive it around. Although only a two seater, it offers a lot of leg room and space for the two occupants and makes a great weekend trip car for two people. I have used it for many short weekend trips. Per Hagerty's Classic Car value guide, the current value of a 1987 Fiero GT of this vintage varies anywhere between a significant $13,800 for a Concours car which is like museum condition and very rare to see, to a low of $4,000 for a car in Fair condition. A 1987 Fiero GT considered in Excellent condition is worth $11,200 and a Good Condition Car is worth $7,100 on average. Based upon their rankings, I would consider this car to be between a "Fair" condition vehicle and "Good" condition vehicle. And over the past 5 years, as this car has become an antique, its value has gone up every year and I would expect that trend to continue into the future as fewer and fewer Fieros are on the road and many Baby Boomers look to revisit a part of their youth! Owning a car like this is an asset which only appreciates as it is well beyond its depreciation period and is just going up each year in value. Now concerning this specific car, I have upgraded/replaced a number of items on the car--which I also have the receipts to show--and would like to summarize those upgardes right now. Although in decent condition when I bought the car for $5200 back in 2001, I have repaired/rehabilitated the following items on the car: I had the entire car repainted in 2002 using very high end Dupont Chromabase basecoat/clearcoat which was an upgrade from the original, non-clearcoat black/grey two tone paint. Although not perfect 14 year later, this paint still has gloss and shows well for a nearly for a paint job as old as it is mainly due to the fact I have kept this car either i the garage or under a cover most of the last 15 years when not driving it. Plus the Chromabase paint is very high grade and durable, unlike say a cheapo Maaco paint job whose life can be measured in months. I used the best available and it has proven its merit at this point.As with many of the items I replaced, I have bought many items from eBay, the GM dealer whenever I can get an item from them, and the Fiero Store to refurbish various items. For example, over this summer I just replaced the dew strips (which were cracking) on the outside of each window with new GM NOS ones. Between 2001 and today I have mechanically have to only replace the starter and alternator on the engine, nothing else. The rest of the engine work has just been maintenance.Since I got the car I have only used Mobil 1 10W-30 Fully-Synthetic motor oil in this car which has been proven to make a big difference in the long-run versus conventional oils in terms of less wear, better cold starting, no sludge build-up, etc.Last summer I fully rebuilt the entire front suspension including: tie rods, ball joints, the struts, control arms, bushings, main cross member, etc. The front end suspension is like new now. The rear is still mainly original but in decent shape. I have replaced both eBrak e cables about 5 years ago when an original one broke.The small plastic sail panels on each side above the rear hatch are new; I replaced the old cracked ones 3 years ago with Fiero Store new ones.The car will come with the Made in USA and very high quality Husky floor mats I purchased two years ago, they are in perfect condition and around $100.I also have the original GM Service Manual which I had purchased on eBay a number of years ago; it is essential to have this when servicing the car. I would give this to the high bidder.Over the years I have regularly tuned up the car by replacing items such as the fuel filter, air filter, spark plugs, spark plug wires and have replaced a number of items over the years such as the EGR valve, distributor cap, various sensors such as the O2 sensor, oil and coolant pressure sensors, etc. Honestly it is too many things to mention but I just want to say that all of the maintenance on this car has been done religiously. This also applies to items such as the antifreeze, the thermostat, transmission fluid, etc. The Passenger side rear coolant tube was replaced last year with a Fiero Store replacement when the original one began to show some rust. The battery is only a few years old and should be fine for a number of years longer.The e brake handle was replaced about 4 years ago when the original one cracked, I used a GM NOS part. The original GM stereo was replaced a number of year ago by an aftermarket Blaupunkt unit which still works great with no problems. It is not the newest head but was not cheap and in great condition. About 5 years ago I had the complete cat back exhaust replaced with a very expensive (over $700) Borla cat back stainless steel system as the original exhaust system had seen better days by this point. This exhaust included some pretty awesome Magnaflow stainless steel tips which cost me over $50 each when I had them installed. In my opinion they look better and are higher quality than the original GM Fiero GT tips.Thus, overall the car runs and drives well as a daily driver and has always been reliable since I have owned it. In the many years I have owned this car, it has never let me down or had to be towed, for example. A pretty good track record for a nearly 30 year old car. The transmission in particular shifts perfectly and has absolutely no issues I can speak of; it works flawlessly. The brakes are fine and have no issues. The pads and calipers are newer and I have always flushed the brake lines are regular intervals. Hence, overall the car is in good condition and would make an excellent and very presentable daily driver or a good foundation to improve upon if desired. Since I want to be 100% honest as to the condition of this car, I want to know go over what I know needs to be repaired/refurbished to make this car fully mint. It honestly would not cost a huge amount to do so; my selling price is taking into account and being a 29 year old used car, there area few things it needs. It is not a brand new car and one cannot expect perfection at this age and at this price. If fully mint, the buy it now price would be much, much higher! First and foremost, it needs a set of new tires. Although the current BF Goodrich tires hold air well and have low miles (only about 15,000-20,000) on them, they date from back around 2002-2003, shortly after I got the car, they are simply too old to trust for anything more than around town driving. I mean they have a lot of tread on them, hold air fine (no slow leaks or anything) but are just old and are showing some fine cracking, etc. Again, for around town driving they might be okay for awhile but I wouldn't have a lot of faith in them long-term.The A/C quite working last last summer; the original compressor seized up. Before that point, the A/C had worked fine and I had every intention to have the compressor replaced and have this repaired but felt it was not the best use of my money when I planned on selling the car. It shouldn't be a huge deal to get this working again by replacing the compressor, receiver/dryer (which is recommended when replace the compressor), orifice tube, etc. The high and low pressure lines were holding the charge when it was working so they are probably still good. The compressor for sure is bad. I simply removed the AC belt to allow the car to be driven until the compressor is replaced. The original seats could use some new material and I just had some seat covers installed over them as can be seen in the photos. To cherry up the interior, the original headliner has seen better days and should be replaced; the Fiero Store has a new headliner for about $230.Mechanically, the car drives well but there are only two "problems" if you can call it that which I would like to mention. First, when cold, even though I have replaced the serpentine belt, it has a tendency to squeal at times when cold. This always goes away after it warms up but I am not 100% sure what is causing this. I tend to think it is just a bad pulley which is not a big deal to fix. I just haven't had the time to do so recently.Lastly, and I think this is simply a sensor problem, but when driving the car the past few months, I have noticed that most of the gauges, except for the speedometer, are reading a bit high. This includes the tachometer, voltmeter and oil pressure gauge. When say teh RPM gauge should be at say 2000 RPM it is reading at around 3000-3500 RPM. In reading through some of the Fiero forums a lot of people are saying this is relatively a common problem and can often be traced to a bad resistor in the wiring and is not an expensive fix. It just needs to be tracked down. Again, these are not serious problems for a 29 year old used car that has been well maintained, but a few issues I would recommend addressing so there are no surprises. Besides that, the car is solid and is a nice daily driver as can be seen in the photos I posted.So for anyone who is looking to own a piece of history at a great price and with the utmost confidence--I am a long time eBay member with 100% feedback and would never mislead or misrepresent what is up for auction--this Fiero would be a good deal. The 2.8L engine in particular is a very reliable GM powertrain and I have seen them often exceeding 200,000 miles--my brother for example had an old 1986 Chevy Celebrity wagon for many years with the same 2.8L and it had over 240,000 miles when he finally traded it in for a new car and it was still running--and I really think this Fiero can have a long life ahead of it with a bit of TLC to address the few issues I mentioned. Again, the car runs great, is a ton of fun to drive--it handles amazingly well and you can feel the manual steering gripping the road--and is amongst the best looking Fieros in my opinion; that is the later year GTs. Originally two tone, when it was repainted I had it done in monochrome black clearcoat so visually it is hard to distinguish this car from the epitome of Fiero excellence, the 1988 Fiero GT which was the last of the breed. Happy bidding and if you have any questions about anything, let me know.