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Book value versus real world value

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Old Aug 31, 2015 | 02:37 PM
  #21  
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Default Book value versus real world value

Originally Posted by joewill
In my opinion, EBAY sales are NOT a good picture of what the market is. EBAY is nothing but what someone from across country will pay for a car sight unseen. Give your car national exposure on EBAY, but then sell it later for 25% more.
Isn't what cars buy and sell for the exact definition of true value? Does anyone move a larger volume of classic cars than eBay? I'd say completed sales on eBay are a good indicator of the market. YMMV
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Old Aug 31, 2015 | 04:49 PM
  #22  
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Just ask Keith Martin. He knows what every classic car is worth.
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Old Aug 31, 2015 | 05:09 PM
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Joewill,
Please, I do not wish to sound argumentative but here in PA, I have quite a few friends who can't sell there toys for any where near what they were selling for pre 2008 market crash. Seems people are holding onto their loot. I'm not talking just C-3's but classic Harleys, and even fine firearms as well.
I'm kinda spread out in the hobby interests.

If they're not forced to sell they are just sitting on it.
But say a nice 69 Z-28 comes up?
Big Momma says no more cars.
Your trying like hell to sell your plane jane '69 no option clean driver c3
As frustration mounts because low ball offers are the only thing coming in and you really do not want to miss out on the Z.
You get it.
You just can't jump in and out of it as easily as you could in the past.
There's not the surplus $ out there in this area like I remember.
Just sayin.
Marshal
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