Final Pontiac Fiero Sells For Porsche 911 Money

Classic Cars / 8 Comments

It just set a new record at auction.

Some years ago, decades before GM would greenlight production of the first ever mid-engine Chevrolet Corvette, came GM's first attempt at a mid-engine production car: the Pontiac Fiero. Beloved by a subset of car enthusiasts and maligned by pretty much everyone else, the Fiero, at the least, demonstrated that GM was capable of building a well-balanced sports car for the masses with what remains a pretty exotic layout.

Today, pre-owned examples don't tend to fetch very much money on the used market, although there have been some exceptions. But one Fiero that recently changed hands just blew them all out of the water.

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The car in question is the last Pontiac Fiero that GM ever built, rolling off the line at GM's Pontiac, Michigan assembly plant on August 16, 1988 and subsequently being raffled to one of the factory's 1,400 employees. A rather significant car, it bears the distinction of being not only the last Fiero ever built, but the last vehicle of any kind built at the plant, which was shuttered that same year.

When the car came up for auction at a GAA Classic Cars auction in North Carolina last month, the red 1988 Pontiac Fiero GT set a new record, nabbing the seller $90,000. That's nearly the price of a brand new Type-992 Porsche 911, and three times as much as the remarkably well-preserved 108-mile red Pontiac Fiero GT that just sold last month.

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It doesn't hurt that at the time of the sale, the final Fiero had just 582 miles on the odometer, the interior still wrapped in protective plastic like the day it was built. The car, which wears serial number 226402, came with the original build sheet, photos of the Pontiac assembly line, and a smattering of books and news articles.

It's an exceptionally rare bit of General Motors history, and if you've got a Fiero GT sitting at home just waiting to be sold, we rather doubt you can count on a similar sum.

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