Fiery Fiero: 1984 Pontiac Fiero 2M4 – Sold!
In 1984, Pontiac’s new mid-engine two-seat Fiero at less than $9,000, was the “IT” new car to buy, and the roads were quickly filled with red over grey cloth versions like the one we first came across in January 2020 on Craigslist in Sparrows Point, Maryland where the seller asked $2,500 or best offer. Researching the Hagerty Insurance Online Valuation Tool confirms the current caretaker has their Fiero priced halfway between the #3 “Good” appraisal of $3,000 and the #4 “Fair” (Daily Driver) estimate of $1,600.
Believe it or not, the original Fiero made it on Car & Driver’s Ten Best List for 1984. Here’s the excerpt on their justification:
“We’d almost given up on the American car manufacturers as innovators when Pontiac came along with its new Fiero. This car breaks all of the rules set by the timid, for it’s not just a functional box. It has but two seats, it’s disc-braked and independently sprung, and its engine is in the middle. It’s also about the prettiest car built in the country. What it’s not is a killer sports car, but the Fiero is peppy in town, handles securely, sticks very well in the corners, and offers a spacious and comfortable environment that suits most any driver. As if the basic design isn’t radical enough, Pontiac even developed a unique manufacturing technique for the Fiero. The car’s strength and rigidity come from a steel substructure that is machined as a complete unit to ensure dimensional accuracy. To this are bolted plastic panels, which form a rust-free outer skin. Not only are most of the panels deformable to resist small impacts, but any damaged panel can be easily replaced with hand tools. This innovative approach allows Pontiac to sell this stylish and practical new car for as little as $7999. Which is just the kind of value and appeal that guarantees a sure winner.”
Unfortunately, while Pontiac’s “Iron Duke” inline-four provided 30mph, the truck-like engine sounds with a resistance to being revved combined with a propensity to catch fire helped sales drop by nearly half for 1985, and significant upgrades in steering and handling for 1988 were not enough to keep the car in production by 1989.
If you’re looking for a stylish collector car that’s RADwood eligible, you’d be hard-pressed to find a less expensive example than this Fiero you can likely walk away with for $2,000, especially since it features fresh paint, a new set of tires, and a rebuilt transmission. Good luck with the purchase!
Here’s the seller’s description:
“1984 Pontiac Fiero. Car has new tires , new paint and a rebuilt automatic transmission. 168,000 miles. 4 cylinder Runs well.
Asking $2500 OBO.”
Do you have a Fiero story you’d like to share? Comment below and let us know!