Pontiac Firebird 1967-2002 - 98 Formula price?

I found this a 98 formula with 118k with a bunch of mods for $11,750. After looking at another post this seemed pretty high depending on what all the mods were worth he said it put down over 400 rwhp. here is a list of the mods.

Performance
233/235 .644/.594 112+2LSA Cam
Ported heads (good job done by prev. owner)
PRC gold dual springs (rated to .650 lift)
LS6 intake (painted silver to match car)
titanium retainers
TSP hardened 7.425" pushrods
new valve locks and spring seats
COMP lifters (10k miles)
NGK TR55 spark plugs
MSD wires
Suncoast creations airbox w/ K&N filter
Z06 clutch w/ Pro 5.0 shifter (20k miles)
Hurst line lock
Cross drilled and slotted rotors
Hawk HPS pads
4:10 gears (30k miles)
!EGR & AIR
TSP ported oil pump
rollmaster double chain
walbro 255lph pump w/new fuel filter (10k miles)
Tuned spot on by Jeremy Formato

Drivetrain
Built tranny (20k miles)
Built rear-end with eaton posi and alum. cover (30k miles)
Poly motor mounts and trans mount.

Exhaust
Hooker LT's ceramic coated
TSP x-crossover
18" Sweet Thunder's stainless
turndowns at the rear end

Suspension
Eibach ProKit lowering springs
BMR adj. torque arm
Spohn adj. panhard rod
BMR lca's w/relocation brackets
BMR weld-in subframe connectors
Also just installed new tie rods and had it aligned

he also said there was a few paint chips, but would be fixed before sale. Let me know what you think.

This is just my opinion so take this for what it's worth. I would stay away from that car for two reasons:

1). Over 100,000 miles. Normally I wouldn't have a problem with that mileage but a heavily modded car with that many miles could be a ticking time bomb.

2). The price is high for the year and miles of the vehicle. I understand he's trying to sell the fact that it's fast with a lot of power and suspension mods. But with a 98 and that many miles he needs to be a little more flexible. After all it's not a 8 or 9 second car here. That's a high mileage, high 11 second car if I had to guess.

Personally I would rather buy a stock car and mod it myself. But if I were to want that car I might offer him $9,500 for it.

I agree with Darren, he probably beat the piss out of the car. Plus I think it's more fun to but a stock car so you can make it your own. :drive: