Auto123.com - Helping you drive happy

Last Pontiac Fiero Ever Built Sells at Auction for $90,000

Quality car insurance coverage, at competitive prices.
Ask for a car insurance quote today.
GET AN ONLINE CAR INSURANCE QUOTE

It’s safe to say the Pontiac Fiero had a particularly tumultuous career. In the years since its demise interest in the model has grown, but its value on the used-car market still tends to fall below the $10,000 mark.

Now, though, the very last Fiero ever built has blown past that mark. The car in question, the assembly of which was completed in August 16, 1988 at the Pontiac, Michigan plant, has just sold at auction for $90,000 USD.

As often happens in these cases, there’s an interesting back story to the car that helps explain the strong interest by bidders at the sale put on by GAA Auctions in North Carolina. The last Fiero to come off the assembly line was raffled off to a lucky winner among the plant’s employees at the time. Having actually worked on building the car, the new owner decided to preserve the car in its original, mint condition. And did so for the next 32 years. And when we say original and mint, we meant just that. The car’s interior still has its pre-delivery plastic on it and its odometer shows only 582 miles.

The auction house behind the sale confirmed the $90,000 winning big constitutes a new world record for a Fiero. We’re not surprised to hear that, frankly.

This 1988 edition of the Pontiac Fiero came with a 2.8L V8 engine and an automatic transmission and features an enhanced suspension, produced only for that year.

1988 Pontiac Fiero, interior
Photo: GAA Auctions
1988 Pontiac Fiero, interior

The auctioned car was handed over to its owner not just with all the plastic in place, but also the original build sheet, photos from its time on the assembly line and collection of news articles and books.

Certainly, this Fiero has a lot going for it, and we can see why it garnered such interest. But $90,000? Ya gotta wanna!

1988 Pontiac Fiero, profile
Photo: GAA Auctions
1988 Pontiac Fiero, profile
1988 Pontiac Fiero, front
Photo: GAA Auctions
1988 Pontiac Fiero, front
1988 Pontiac Fiero, from above
Photo: GAA Auctions
1988 Pontiac Fiero, from above
1988 Pontiac Fiero, rear
Photo: GAA Auctions
1988 Pontiac Fiero, rear
1988 Pontiac Fiero, seats
Photo: GAA Auctions
1988 Pontiac Fiero, seats
1988 Pontiac Fiero, engine
Photo: GAA Auctions
1988 Pontiac Fiero, engine
1988 Pontiac Fiero, on the assembly line in 1988
Photo: GAA Auctions
1988 Pontiac Fiero, on the assembly line in 1988
1988 Pontiac Fiero, leaving the factory in 1988
Photo: GAA Auctions
1988 Pontiac Fiero, leaving the factory in 1988