1988 Pontiac Fiero

Formula Coupe

V6

Manual

1g2PE1191JP202989

Clear

Gasoline

Ok, so here's the story. Last summer I went to a big classic car auction with my 10 year old son. I wanted him to see all of the cool cars including some that were over $1,000,000! All of a sudden, a blast from the past was right in front of us, a 1988 Pontiac Fiero. This was not just ANY Fiero (I had a 1987 Black SE back in the day) this we was a BRIGHT RED Fiero FORMULA! In 1988 they only made the base model, the GT and the Formula. The Formula was the rarest of the three (only 5,484 made) and this one had LESS THAN 50,000 miles on it!!! I was in lust with it! I knew that 1988 was the best year of the Fiero, and I also knew that the Fiero was the punchline to many jokes. I didn't need this car, and I didn't really want it, but it was cool! A few hours later, this car was about to hit the auction block. There was excitement in the convention center where this nationally televised auction was being held. I did some quick research on the internet and found that some of these were selling for as much as $12,500. So in my pea brained mind, if I could get this for $6500 or so, I could enjoy it for a few months, then re-sell it and maybe make a few bucks, but at least I wouldn't lose anything. When it came up and the first bid was $5000 I was hooked. I bid $6000. My son looked at me like I was crazy! (or as they kids say today Cray-Cray) $6000 became $7000, I bid $7500 and they went to $8000, What the hell was I doing?? I was out. I could have just walked away. It was past my max of $6500, yet I kept outbidding the person in the front (who for all I knew was either a shill for the owner, or an empty seat that the auctioneer was using to sucker this sucker in even more.) The hammer hit and I was the winner at $8500. WTF? First words out of my sons mouth "Mom is going to kill us! What did you do?" I turned this great auction day into a nightmare for myself and my son. What DID I do? Why did I just buy this? I belong to a local "cars and coffee" group and I was excited and scared to bring it to the next meeting. Would they make fun of me? Would they think it was cool? Would I admit how much I paid for it? Well, it's a good thing these guys are my friends. They only laughed after I left...I think. Once I showed it to them, and they saw what great condition it was it, there were a few new fans of this Pontiac mistake. The mistake they made was actually to stopping the production of these just when they were getting good. This is really a great little car, but to keep the old saying true (A happy wife, a happy life!) I am selling this car at a loss. I have kept it indoors since I bought it last summer and it has never even been rained on. This is a true MY LOSS IS YOUR GAIN story. I am starting the bid a ridiculous $6000. If you look at the pictures, you will see it has some of the original paperwork and is in great condition. There is one issue with the front bumper. Behind the front license plate, there is some cracking of the paint. This is barely noticeable with the plate, but if you live in a state that doesn't require plates on the front, you would want to get this sanded down and repainted. A local shop quoted me $400 for this. Please, for love of all things good in this world. please buy this wonderful collector car from me. Thank you for reading this and I hope YOU are the winning bid! Buyer is responsible for shipment or pickup. Please do not bid if you do not intend to buy. The car is located in the Seattle Area (ZIP 98110) so check on shipping prices BEFORE you bid. It's prob $1200 to ship across the USA. Certified check or Cash only. $500 deposit due upon winning the bid. Here are some details about this car and the history of the Fiero: One of only 5,484 ever produced. 1988 is the ONLY year of the Formula and is the final production year of the Fiero. These are GREAT cars to use for Ferrari or Lambo kits. Red with grey interior.5 speedCold AirRemovable Sunroof!49,992 ORIGINAL miles! Also included is the original owners manual, build sheet and lots of other paperwork (see pics)For a 28 year old car, this is as close to new as you will find. I'd give it a 9.5 on a scale of 10. It has some typical wear and tear but is extremely clean for it's age. Currently the Fiero has a cult following of owners and customizers. While all Fiero models are considered to be collectible, the 1988 model year is especially sought after by collectors due to its limited production numbers and vastly improved underpinnings. The 1988 Fiero brought a new suspension design, thought by many to have a striking resemblance to those designed by Lotus, which at the time, was about to be acquired by General Motors. The suspension was never a Lotus design though; it was the suspension the Pontiac engineers had designed in the beginning, along with what they learned from the racing program. Up front were revised control arms and knuckles that reduced steering effort and improved the scrub radius. In the back, the old Citation parts were replaced with a real tri-link suspension with all new knuckles. This new suspension came with staggered wheel sizes on WS6 suspension equipped models, with 15 in (380 mm) by 6 in (150 mm) wide wheels up front and 15 in (380 mm) by 7 in (180 mm) wide wheels in the rear for improved handling balance and to offset the slightly increased front track that resulted from the improvements. Topping off the package were the new vented disc brakes at all four corners, which addressed braking complaints of road testers. The 1988 Fiero is the most desired by automotive collectors because of the improvements made to the 1988 model year, and this being the last year of production. The 1988 Fiero brought a new suspension design, thought by many to have a striking resemblance to those designed by Lotus, which at the time, was about to be acquired by General Motors. The suspension was never a Lotus design though; it was the suspension the Pontiac engineers had designed in the beginning, along with what they learned from the racing program. Up front were revised control arms and knuckles that reduced steering effort and improved the scrub radius. In the back, the old Citation parts were replaced with a real tri-link suspension with all new knuckles. This new suspension came with staggered wheel sizes on WS6 suspension equipped models, with 15 in (380 mm) by 6 in (150 mm) wide wheels up front and 15 in (380 mm) by 7 in (180 mm) wide wheels in the rear for improved handling balance and to offset the slightly increased front track that resulted from the improvements. Topping off the package were the new vented disc brakes at all four corners, which addressed braking complaints of road testers. A variable effort electro-hydraulic power steering unit, the same design later found on the GM EV1, was also to be a late addition. This option never made it to production — one reason cited is that models with the prototype power steering were noted as being too loud. The four-cylinder engine received an in-pan oil filter element and balance shaft. A "Formula" option was added, which offered many of the GT features with the standard coupe body, including the 120 mph (190 km/h) speedometer, WS6 Suspension (which includes offset crosslace wheels) and the rear spoiler. 1988 marked the end of production for the Fiero, and is also considered to be the best Fiero produced. Improvements to suspension, brakes, steering, and improvements to both the four-cylinder and V6 engines took the car to a level far beyond the 1984 model that had received much criticism. 1988 was also the only year a yellow exterior color was available as a factory option. During the Fiero's final model year (on August 16, 1988) the last window sticker was placed on the last Fiero to roll off the Pontiac, Michigan plant line. The 1988 Fiero is the most desired by automotive collectors because of the improvements made to the 1988 model year, and this being the last year of production. The 1988 Mera seen as the most sought after model and tops the Fiero list in resale value this model is commonly used to create "kit cars" (replicas of high end sports cars).