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Old Feb 28, 2008 | 02:02 PM
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Default NADA Retail Value

A friend sent me the link to the NADA collector car retail value website and I looked up the "value" of my '70 L46 Coupe..... HOLY COW! Where did these numbers come from? Obviously too many people watching Barett-Jackson setting these prices.


1970 Chevrolet Corvette 2 Door Sport Coupe

Low Retail $26,655
Average Retail $47,330
High Retail $70,695

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Old Feb 28, 2008 | 03:35 PM
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As most people who have been around for awhile know, NADA prices are completely ficticious and delusional. The problem is when naive Corvette owners start believing them and/or when sellers start quoting them when they come up with their irrational selling prices.
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Old Feb 28, 2008 | 03:37 PM
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Note the term GUIDE....that is all it is...
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Old Feb 28, 2008 | 03:40 PM
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Originally Posted by rihwoods
Note the term GUIDE....that is all it is...
In this case Guide means.. Grossly-Uber-Inflated-Demented-Estimate
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Old Feb 28, 2008 | 03:43 PM
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Originally Posted by fauxrs2
In this case Guide means.. Grossly-Uber-Inflated-Demented-Estimate
No doubt some interpretation is required....

Here is what they quote on my 78 Sa.....

Original MSRP: $9,976 Low Retail Average Retail Value High Retail
Base Price $11,850 $19,400 $30,200
Options

4 Speed Transmission $500 $1,250 $1,500
Corvette Alloy Wheels $200 $600 $800
Corvette Anniversary Model 10% 10% 10%
Factory Air Conditioning 10% 10% 10%
TOTAL PRICE $14,920 $25,130 $38,540
------------------------------------------------------------------
Mine was appraised at $16 K....you and I know that may be a tad high....

Rich
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Old Feb 28, 2008 | 05:07 PM
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The term "Retail" in the NADA guide refers to what a commercial dealer would price one at. Not necessarily what he might actually sell it for....just it's stated price.
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Old Feb 28, 2008 | 05:28 PM
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A 69-70 L46 350/350 is a great motor and very desirable and the performance is not that far off from a LT-1.As far as prices i have seen clean original coupes in the 26-28k range and verts in the low 30k range.Case in point a 70 350/350 vert with POP,strong docs and owner history just sold for 52k.Next to a LT-1,the L46 is the best small block vette you can buy at almost half the price.
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Old Feb 28, 2008 | 08:17 PM
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Originally Posted by jr9170
A 69-70 L46 350/350 is a great motor and very desirable and the performance is not that far off from a LT-1.As far as prices i have seen clean original coupes in the 26-28k range and verts in the low 30k range.Case in point a 70 350/350 vert with POP,strong docs and owner history just sold for 52k.Next to a LT-1,the L46 is the best small block vette you can buy at almost half the price.
Well that's good to know about the L46 cars (like mine)!
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