Pontiac Firebird Trans Am (2nd gen)

The second-generation Pontiac Firebird Trans Am is trading at a median of $150,000 AUD in the Australian market, but momentum is decidedly negative with a 25% year-on-year decline signaling sustained depreciation pressure.

The illiquid nature of this segment in the local market is a defining constraint: zero tracked sales over the past 12 months and no active listings suggest buyers and sellers are operating in a thin, disconnected market where pricing discovery is difficult and transaction timelines are lengthy.

Classified as a stable modern classic with low current desirability, the Trans Am occupies the middle ground between everyday collectibles and investment-grade steel—attractive enough to retain enthusiast interest but without the cultural momentum or rarity that typically anchors values in downturns.

The outlook is sobering. Base-case modelling projects the car to fall to approximately $78,500 AUD within three years (a 48% loss) and further to $65,000 AUD by year five (57% total decline). These projections reflect both the broader softening in American muscle-car values and the structural headwinds of low local liquidity.

Current owners should treat this moment as a window for repositioning: waiting risks steeper losses if the depreciation trajectory holds, while the absence of competing bids in the sales data suggests any sale will likely need price concession to move quickly.