Go Back   Corvette Forum > C3 Corvettes, 1968 - 1982 > C3 General
Sign in using an external account
Register Forgot Password?
Register Search Today's Posts Mark Forums Read FAQ Vendor Directory
Search
C3 General
General C3 Corvette Discussion not covered in Tech Sponsored by
Corvette America

Reply
 
 
 
 
Thread Tools Search this Thread
Old 05-09-2008, 01:31 PM   #1
ss396t6
CF Senior Member
 
ss396t6's Avatar
 
Member Since: Feb 2005
Location: Arlington TX
Default NADA Collector Vehicle Value Guide

Often I read where people ask what a vehicle is worth. And the comments vary from civil to well....
Here is the Web link you can use:

http://www.nadaguides.com/SectionHom...=22&p=0&f=5003
ss396t6 is offline   Reply With Quote
Old 05-09-2008, 02:12 PM   #2
dhauser
CF Senior Member
 
Member Since: Oct 2003
Location: Kansas City MO
Default

Unfortunately, NADA Guides is highly inaccurate in my experience, and I'm in the business. Their values are nowhere near what I see buying and selling for in the real world marketplace.

I find them all to be behind the curve by several months, but CPI tends to be less so than most. And forget Old Car Trader. That thing isn't worth the match to burn it to ashes. Totally worthless.
dhauser is offline   Reply With Quote
Old 05-09-2008, 02:35 PM   #3
ss396t6
CF Senior Member
 
ss396t6's Avatar
 
Member Since: Feb 2005
Location: Arlington TX
Default

I read two counterpoints but no solutionss or references to guide potential buyers/sellers in the "right" direction. Being 'in the business' what are the altermatives? Craigslist, eBay, Corvette Forum?
NADA is merely just what it says it is, a guide. Barrett-Jackson is certainly not the bechmark by which values are to be established. Nor are car dealers with inflated prices and less than honest descriptions.
ss396t6 is offline   Reply With Quote
Old 05-09-2008, 02:36 PM   #4
Fay vette
CF Senior Member
 
Fay vette's Avatar
 
Member Since: Mar 2008
Location: Waynesburg PA
Default

I been really looking also the last several months and have used that site to compair prices out their. NADA seems to be 15 to 25% higher than market price the last couple months.
Fay vette is offline   Reply With Quote
Old 05-09-2008, 02:48 PM   #5
NMT1957
CF Senior Member
 
NMT1957's Avatar
 
Member Since: Feb 2008
Location: Jefferson Hills PA
Default

I don't think N.A.D.A. is an accurate guide at all, and neithe is the Old Car Price Guide. I think you have to do a comparison on what they are actually selling for TODAY and in TODAYS MARKET then decide if its worth it to you. I wouldnt go by any asking price either, try to find out an actual price the car sold for. There seems to be so many factors that can make an individual car worth 5K more than another of the same year. It has to be close to the others but it can still fluctuate.
NMT1957 is offline   Reply With Quote
Old 05-09-2008, 05:45 PM   #6
wolfemc
CF Senior Member
 
wolfemc's Avatar
 
Member Since: Apr 2008
Location: Cartersville GA
Default Mannheim

NADA guides is whack on the high side for everything! Maybe they base their guide on asking price rather than actual sales price.

I don't know about other cars, but this guide has been closest to what I feel the actual value of the C3's is, assuming critical numbers match...

http://www.manheimgold.com/
wolfemc is offline   Reply With Quote
Old 05-09-2008, 07:03 PM   #7
TMU
CF Senior Member
St. Jude Donor '09-'10
Support Corvetteforum!
 
TMU's Avatar
 
Member Since: Jun 2007
Location: Portland Oregon
Default

The Manheimgold appears reasonable.

NADA has been formulated by crack heads dreaming of the big score.
TMU is offline   Reply With Quote
Old 05-09-2008, 07:34 PM   #8
Grimlock
CF Senior Member
 
Grimlock's Avatar
 
Member Since: Jun 2006
Location: Palo Alto CA
Default

I think prices are too high on Manheimgold too. I looked up prices on a 1969 Plymouth Roadrunner, and they seem way off to me. Anyone paying $52K (Show) or $44K (Excelent) for a base model Roadrunner is crazy. Even muscle car dealers near me sell excellent cars for $30K. And they also have Hemi and 440 6-Packs selling for almost identical prices.

I looked up 1969 Corvette, and it seemed fairly close.
Grimlock is offline   Reply With Quote
Old 05-09-2008, 07:49 PM   #9
LYLE
CF Senior Member
 
LYLE's Avatar
 
Member Since: Mar 2002
Default

Quote:
Originally Posted by wolfemc View Post
NADA guides is whack on the high side for everything! Maybe they base their guide on asking price rather than actual sales price.

I don't know about other cars, but this guide has been closest to what I feel the actual value of the C3's is, assuming critical numbers match...

http://www.manheimgold.com/
I checked 69-73 vetts and their pricing is about right. The add for an LT-1 I thought was low.
LYLE is offline   Reply With Quote
Old 05-09-2008, 09:29 PM   #10
Grimlock
CF Senior Member
 
Grimlock's Avatar
 
Member Since: Jun 2006
Location: Palo Alto CA
Default

What are you talking about? Do a search for a 1971 LT-1 with air. Evidently it was a super rare car for $47K in excelent condition!
Grimlock is offline   Reply With Quote
Old 05-09-2008, 10:06 PM   #11
mstanton
CF Senior Member
 
mstanton's Avatar
 
Member Since: Jun 2003
Location: Upstate South Carolina
Default

Not only is NADA generally too high but its option lists are wrong. You can select options that did not exist and options that did exist often add value incorrectly. Here's an example: For 1965 coupe NADA adds 30% for a 327 engine. There were 4 different 327s in 65, including the 250hp base. They can't alll be worth 30% more.

Some price guides are better than others, but they are all flawed to some degree. IMO it is very difficult to make a guide for classic cars, particularly corvettes, because there are relatively so few on the market and so few buyers at any given time. Prices can vary greatly based on options, condition, documentation, history, even color. I'd stay away from guides like NADA and use corvette or classic car specific guides.

I agree with NMT1957. You have to watch the market with the assets available to you and make your own judgement.
mstanton is offline   Reply With Quote
Old 05-09-2008, 10:44 PM   #12
TXredc3
CF Senior Member
 
TXredc3's Avatar
 
Member Since: Feb 2005
Location: Frisco TX
Default

If I can get NADA for my vette.....I'll sell in a New York second!

Anyone? Anyone? Buehler?
TXredc3 is offline   Reply With Quote
Old 05-09-2008, 10:58 PM   #13
ed427vette
CF Senior Member
 
ed427vette's Avatar
 
Member Since: Jul 2006
Location: Massapequa Park NY
Default

Quote:
Originally Posted by Grimlock View Post
What are you talking about? Do a search for a 1971 LT-1 with air. Evidently it was a super rare car for $47K in excelent condition!
1971 LT1 with air would be not only rare but non existant from the factory.
ed427vette is offline   Reply With Quote
Old 05-09-2008, 11:02 PM   #14
Grimlock
CF Senior Member
 
Grimlock's Avatar
 
Member Since: Jun 2006
Location: Palo Alto CA
Default

Quote:
Originally Posted by ed427vette View Post
1971 LT1 with air would be not only rare but non existant from the factory.

Yeah that was the joke. But if you go on their site, they list the LT-1 Specifically in 1971 and show Air as a $2K add-on to LT-1 cars.

1971 CHEVY/CORVETTE LT1 Dsp/HP Eng Fair Good Exc Show Loan
CONVERTIBLE 350/330 V8 15,500 28,500 49,000 55,000 S 25,500
COUPE T TOP 350/330 V8 12,500 23,000 40,000 45,000 S 21,000
Add: AC $2k
Grimlock is offline   Reply With Quote
Old 05-09-2008, 11:32 PM   #15
Ihada69
CF Senior Member
 
Ihada69's Avatar
 
Member Since: May 2007
Default

Quote:
Originally Posted by ss396t6 View Post
I read two counterpoints but no solutionss or references to guide potential buyers/sellers in the "right" direction. Being 'in the business' what are the altermatives? Craigslist, eBay, Corvette Forum?
NADA is merely just what it says it is, a guide. Barrett-Jackson is certainly not the bechmark by which values are to be established. Nor are car dealers with inflated prices and less than honest descriptions.
I think what you can buy a car here in the forum for is a pretty fair indicator of a close street value, just real people, buying fairly described vehicles. BJ's is so far fetched, egos cloud many values imho.
Ihada69 is offline   Reply With Quote
Old 05-11-2008, 12:15 PM   #16
Rocketship3
CF Senior Member
 
Rocketship3's Avatar
 
Member Since: Mar 2008
Location: Mooresville NC "Race City USA" All Vette's should be sticks
Default

NADA lost their credibility. Just look at the economy and the facts. They must have a special interest. I see deals everywhere in the real world.
Rocketship3 is offline   Reply With Quote
Old 05-11-2008, 01:26 PM   #17
ss396t6
CF Senior Member
 
ss396t6's Avatar
 
Member Since: Feb 2005
Location: Arlington TX
Default

I put this same post in the C-1 Cars For Sale section and there was a lot less criticism/comments. However, I copied my response on the C-1site here is the copy of my response:

Counterpoint: First of all it's just a guide, not the gospel of all Corvette pricing. You do make some valid points. This guide is used primarily by lending insitutions such as banks and car dealers so that a person who is in the market for a Corvette, for example, will likely get a loan. Let's say that someone is in the market for a '63 Corvette Fuelie convertible and the asking price is say $70K. The potential buyer, who is drooling, takes photos, gets documentation, and gets it appraised at $80K. The potential buyer takes all this information to the bank to get a loan and the loan officer refers to that NADA book. He/she sees that low book is $86K. Well, to the loan officer he/she sees that as a valid reason to process the loan because the asking price is $70K, appraisal is $80K, and the Corvette's low book value is $86K. [The potential buyer is now a happy Corvette owner]
I definitely would not use this book to base all Corvette pricing nor would I use Barrett-Jackson auctions. In my opinion the best pricing guide is what you find in the completed sections of eBay on those sold.


You can draw your talons back and retract the venomous fangs. It's just a guide, Forum readers. Like the Kelley Blue Book. If there weren't these guides around and all market prices on collector vehicles were based on all our subjective opinions there would be pricing all over the map and most of us collector vehicle owners wouldn't like that, either.
ss396t6 is offline   Reply With Quote
Old 05-11-2008, 01:55 PM   #18
71 Green 454
CF Senior Member
 
71 Green 454's Avatar
 
Member Since: Jun 2006
Location: Tampa Florida
Default

NADA is a useless guide...low retail is a dream price!

'71 LS5 Conv. both tops, A/C
Low retail Avg. retail High retail
$38,425 $65,040 $102,140

Manheimgold might be a little closer in some parts of the U.S.
1971 CHEVY/CORVETTE LS5 454 4sp/HP Eng CONVERTIBLE 454/365 V8

Fair Good Exc Show Loan
$15,000 $27,500 $48,000 $54,000 $25,000
71 Green 454 is offline   Reply With Quote
Old 05-11-2008, 03:27 PM   #19
ss396t6
CF Senior Member
 
ss396t6's Avatar
 
Member Since: Feb 2005
Location: Arlington TX
Default

Manheimgold might be a little closer in some parts of the U.S.
1971 CHEVY/CORVETTE LS5 454 4sp/HP Eng CONVERTIBLE 454/365 V8

Fair Good Exc Show Loan
$15,000 $27,500 $48,000 $54,000 $25,000


That's about right. Mine is somewhere between Good and Excellent. It has AC, power, two tops, etc. Mechanically rebuilt front to rear three years ago and driven less than 1000 miles since.
ss396t6 is offline   Reply With Quote
Old 05-11-2008, 03:37 PM   #20
71 Green 454
CF Senior Member
 
71 Green 454's Avatar
 
Member Since: Jun 2006
Location: Tampa Florida
Default

Quote:
Originally Posted by ss396t6 View Post
Manheimgold might be a little closer in some parts of the U.S.
1971 CHEVY/CORVETTE LS5 454 4sp/HP Eng CONVERTIBLE 454/365 V8

Fair Good Exc Show Loan
$15,000 $27,500 $48,000 $54,000 $25,000


That's about right. Mine is somewhere between Good and Excellent. It has AC, power, two tops, etc. Mechanically rebuilt front to rear three years ago and driven less than 1000 miles since.
It's hard to gauge mine, it's not rebuilt...AC, PS, Tilt/Tele, Two tops. I bought it in 1975 with 27,000 miles and it now has 55,000 miles. Original paint, soft top, interior, etc., garage kept. Pictures are in 'My Corvette Photos'.
71 Green 454 is offline   Reply With Quote
Old 05-11-2008, 03:37 PM
 
Go Back   Corvette Forum > C3 Corvettes, 1968 - 1982 > C3 General
Reload this Page NADA Collector Vehicle Value Guide
 
 
 
Reply

Similar Threads
Thread Thread Starter Forum Replies Last Post
2013 American Made Vehicles RubberBill Off Topic 29 12-14-2012 05:07 PM
More Carbon Fiber for C7? 235265283... C7 General Discussion 10 10-02-2012 05:57 PM
Vehicle Information Kits from GM Heritage Center gsxnut C5 General 1 09-13-2012 05:05 PM
[FREE] Garmin Nuvi - Custom Vehicles 78VetteChic Off Topic 1 02-22-2010 11:40 PM
Omg!!!! D C C6 Z06 Discussion 40 06-06-2007 01:56 PM


Tags
1971, 1975, 73, bluebook, book, chevrolet, classic, collector, collectorcorvette, corvette, guide, innacurate, nada, price, values, year


Thread Tools Search this Thread
Search this Thread:

Click for Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump

Corvette Store
 
 
C7 Parts & Accessories
C6 Parts & Accessories
C5 Parts & Accessories
C4 Parts & Accessories
C3 Parts & Accessories
C2 Parts & Accessories
C1 Parts & Accessories
Wheels & Tires
Sponsored Ads
 
 
Vendor Directory
 

All times are GMT -4. The time now is 04:56 PM.


Emails & Password Backup