looking for a "Corvette Value" program
Thread Starter
Melting Slicks
Joined: Mar 2004
Posts: 2,397
Likes: 35
looking for a "Corvette Value" program
In today's world, I am not looking for a program that will provide a true value - that is determined what anyone will actually pay.
I am searching for a program to use to compare relative apples to apples.
Didn't Corvtte Fever have one?
I am searching for a program to use to compare relative apples to apples.
Didn't Corvtte Fever have one?
Melting Slicks
Joined: May 2004
Posts: 2,426
Likes: 285
From: West Barnstable MA
Suggest that you start with www.nada.com under Classic Cars.
That should provide the comparison of value that you are looking for.
I believe that "what people will pay" is a function of 1) the car, 2) a person's desire for that particular car, and 3) how many people want that same car.
You might also check Barrett-Jackson results, RM Auctions, and Mecum.
My issue in looking at these results is that you cannot determine what the actual condition of the car really is.
Good luck.
P.S. Also, online auction listings and results might also be a resource.
That should provide the comparison of value that you are looking for.
I believe that "what people will pay" is a function of 1) the car, 2) a person's desire for that particular car, and 3) how many people want that same car.
You might also check Barrett-Jackson results, RM Auctions, and Mecum.
My issue in looking at these results is that you cannot determine what the actual condition of the car really is.
Good luck.
P.S. Also, online auction listings and results might also be a resource.
Team Owner
Joined: Aug 2007
Posts: 58,061
Likes: 7,147
Army
My departed used-car dealer Dad said often there are 3 prices for a car:
1) What the seller wants for it
2) What the buyer wants to pay for it
3) What the car finally sells for.
That's all that matters - the NADA guide is as good as anything else to get to maybe +/- 20% of value but I would sell my car tomorrow if I could get what their guide says its worth.
1) What the seller wants for it
2) What the buyer wants to pay for it
3) What the car finally sells for.
That's all that matters - the NADA guide is as good as anything else to get to maybe +/- 20% of value but I would sell my car tomorrow if I could get what their guide says its worth.
Drifting
Joined: Jan 2003
Posts: 1,260
Likes: 7
From: Naples Fl
My departed used-car dealer Dad said often there are 3 prices for a car:
1) What the seller wants for it
2) What the buyer wants to pay for it
3) What the car finally sells for.
That's all that matters - the NADA guide is as good as anything else to get to maybe +/- 20% of value but I would sell my car tomorrow if I could get what their guide says its worth.
1) What the seller wants for it
2) What the buyer wants to pay for it
3) What the car finally sells for.
That's all that matters - the NADA guide is as good as anything else to get to maybe +/- 20% of value but I would sell my car tomorrow if I could get what their guide says its worth.
I have not seen a book or a program buy a car yet.The people that really know are the guys that are at all of the auctions/sales/swapmeets/car shows as well as the being there they are actually the ones doing the buying and selleing not just a casual observer.Who do you think has a better idea about these values Terry Michaelis or us here on the forum.I know that we are all experts here
Race Director
Joined: Apr 2005
Posts: 11,310
Likes: 2,160
From: Bowling Green, Kentucky
Are you buying or selling??
A few of the Corvette Mags have/had Value Guides that provided "%change" over various time intervals. Is this what you're looking for? I have these in my files.
Larry
A few of the Corvette Mags have/had Value Guides that provided "%change" over various time intervals. Is this what you're looking for? I have these in my files.
Larry
Burning Brakes
Joined: Nov 2005
Posts: 924
Likes: 7
From: Northeast Ohio
At a local club event last year we had a presentation from a fairly large collector car dealer in the Canton, Ohio area. He presented a series of pricing guides that he uses when looking at cars, pricing cars, and bidding on cars. Interestingly enough he uses one when he's selling, a different one when he's buying, and another when he's determining his asset value. In other words, these guides are all over the map.
Tech Contributor
Joined: May 2005
Posts: 15,576
Likes: 118
From: Conroe Texas
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Drifting
Joined: Aug 2000
Posts: 1,689
Likes: 1
From: Peoria AZ
The NADA is SO far off on true value it is scary. If you are trying to determine a certain cars value I would just do some research on the internet, I know everyone here says eBay isn't real prices but that is where you will be able to do the most research at one time....don't pay attention to the Buy it Now prices or whatever just do a search on what the cars have actually SOLD for. This also gives you pictures and descriptions. You can count on the car looking better in the picture than in person but with all of the "price guides" you have nothing to go off of on real world sales such as each cars description or pictures.
Safety Car
Joined: Aug 2006
Posts: 3,548
Likes: 36
From: Location, Location QC,NY
The NADA is SO far off on true value it is scary. If you are trying to determine a certain cars value I would just do some research on the internet, I know everyone here says eBay isn't real prices but that is where you will be able to do the most research at one time....don't pay attention to the Buy it Now prices or whatever just do a search on what the cars have actually SOLD for. This also gives you pictures and descriptions. You can count on the car looking better in the picture than in person but with all of the "price guides" you have nothing to go off of on real world sales such as each cars description or pictures.
I have also never found NADA to very accurate, SOLD items on Ebay would be my best indicator at this time.
Paul
PS. Real people do not buy vintage cars in the real world at Barrett Jackson prices.
Team Owner
Joined: Aug 2007
Posts: 58,061
Likes: 7,147
Army
Then the multiplication factors get sort of zany...one book I just looked at in Border's said to multiply the following factors for C1 options:
30% for 2X4 bbl 245HP
35% for 2X4 bbl 270HP
40% for fuel injection.
I'm not sure my 270HP justifies 35% over a one barrel car of equal quality....it might but it seems a lot...
30% for 2X4 bbl 245HP
35% for 2X4 bbl 270HP
40% for fuel injection.
I'm not sure my 270HP justifies 35% over a one barrel car of equal quality....it might but it seems a lot...
Race Director
Joined: Dec 1999
Posts: 11,482
Likes: 28
From: Plum Boro, Pa. USA Pennsylvania
