Steve Magnante: Comparing Pontiac Esprit to Trans Am and Formula
Steve Magnante’s car scrapyard scours are notable for discovering uncommon cars, which is especially obvious in his new YouTube video. Trans Ams regularly earn attention, but not every individual who procured a ’81 Pontiac Firebird was after a muscle automobile. This is where the Firebird Esprit fits in!
Magnante illuminates that the Esprit gave Firebird customers a luxurious alternative should they not be attracted to the Formula or Trans Am. Luxury at this time was subjectively described; in 1981, it manifested as wooden decorating inside and additional chrome adornment outside.
Evidently, the additional features were enough to motivate 10,938 customers to obtain the Esprit in 1981, out of a created volume of 70,889 items. With 33,493 models sold, the Trans Am became the most desirable edition of the 1981 Firebird.
On the upper-end spectrum, solutions sourced from Pontiac was found. The first was an optional 4.9 litre V8, known as either a 301 or a turbocharged version rated at 175 horses. Lastly, the top option was the iconic 350 CI V8, offering up a healthy 215 horses for Firebird owners to enjoy.Four powertrain combinations drove the Firebird through its last year of the second generation. The base Firebird and Esprit came with a Buick-sourced 231 cubic-inch V6 making 110 horsepower. Cheaper trims had the option of a 265 CI V8 generating 120 ponies or the bigger 301 CI V8 bringing in 150 horsepower. At the high-end, Pontiac provided options. First was the accessible 4.9-litre V8, either tagged as the 301 or a turbocharged version producing 175 horses. Finally, the pinnacle was the famous 350 CI V8, giving Firebird owners access to 215 horsepower.
The Formula and Trans Am, the performance trims of choice, featured the 301 as the default engine. For those looking to power up, there was also a turbocharged 301 option offering 200 horsepower. An upgraded or downgraded alternative was the 305 cubic-inch V8, delivering 140 horses.
In 1981, the Firebird Esprit equipped with the 265 V8 had a price of $7,483 (an equivalent of approximately $25,700 in modern money). The regular Firebird had a retail cost of $6,687. Hagerty estimates that an original-condition Pontiac Firebird Esprit with the 265 engine has a worth of around $6,500. An excellent specimen could be valued at up to $13,400.
Not surprisingly, the cost of a Formula and a Trans Am from the identical year is greatly increased. An in terrific condition 265 engine V8-powered Formula is appraised at $20,300. As for a Trans Am with the baseline 301 motor from 1981, it is priced at a remarkable $33,400 if it’s in the same excellent condition. Nevertheless, that value leaps to an astounding $49,000 when the automobile boasts a turbocharged V8 engine.
The world of cars seems to have shifted significantly in recent years, and it’s easy to understand why. YouTube host Steve Magnante, an auto enthusiast, believes that the rise of classic cars has much to do with nostalgia for people who desire something new and different. Furthermore, research conducted by Hagerty.com reveals a growing interest in classics due to their timeless appeal, affordability, and withstanding value. Plus, XR793.com notes that the U.S. Bureau of Labor Statistics conducts surveys which demonstrate classic car owners buying more of these vehicles because they want to keep the “nostalgic element of automobiles.” Thus, those individuals who choose to invest in a classic auto are likely to preserve its historic back story with ongoing retrofitting. Recently there appears to be an emerging trend of classic car-lovers investing in these beloved automobiles due to their vintage value, inexpensive cost and potential for indefinite preservation. Reports from Hagerty.com reveal a rise in fascination surrounding old-school autos due to their remarkable timelessness. Similarly, XR793.com states that the Bureau of Labor Statistics keeps tabs on the purchasing of classic cars and found that many shoppers opt for the retro models for nostalgic purposes. Consequently, those who pursue this