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Thread Topic: Has anyone seen this? NADA classic car values Threaded

   
Date: 5-12-08 10:58
From: nealf in Philadelphia, PA View user's profile
Subject: Has anyone seen this? NADA classic car values

Someone on the E3 digest posted this because their Bavarias were damaged in a hailstorm. Just passing on:

http://tinyurl.com/68ysn6

nf
'70 2800CS
'72 Bavaria 3.0
'73 2002



Date: 5-12-08 11:19
From: KFunk in Southeast Ohio. View user's profile
Subject: Re: Has anyone seen this? NADA classic car values

nealf wrote:
Someone on the E3 digest posted this because their Bavarias were damaged in a hailstorm. Just passing on:

http://tinyurl.com/68ysn6

nf
'70 2800CS
'72 Bavaria 3.0
'73 2002


I believe I've seen that. But more importantly, have you seen this?
http://tinyurl.com/2twa7z
_________________
4224479: 74 2002, #74 EP/FSP, daily driver
I beat my car like it owes me money!



Date: 5-12-08 11:47
From: Mike_R View user's profile Send e-mail
Subject: Re: Has anyone seen this? NADA classic car values

Very cool
_________________
75 2002



Date: 5-12-08 12:01
From: giusto in Sausalito View user's profile
Subject: Re: Has anyone seen this? NADA classic car values

Anyone know why the average for a '71 02 is ~13K and a '71 tii is ~9K? Seems odd.
_________________
Nick



Date: 5-12-08 12:20
From: ClayW View user's profile Send e-mail
Subject: Re: Has anyone seen this? NADA classic car values

KFunk wrote:
nealf wrote:
Someone on the E3 digest posted this because their Bavarias were damaged in a hailstorm. Just passing on:

http://tinyurl.com/68ysn6

nf
'70 2800CS
'72 Bavaria 3.0
'73 2002


I believe I've seen that. But more importantly, have you seen this?
http://tinyurl.com/2twa7z


You're killin' me.
_________________
ClayW
1976 Fjord 2002 Sunroof

Project Blog

"Finish the thing, do it right the first time and drive the son of a bitch!"
-Gray Baskerville on hot rod advice



Date: 5-12-08 12:26
From: ClayW View user's profile Send e-mail
Subject: Re: Has anyone seen this? NADA classic car values

nealf wrote:
Someone on the E3 digest posted this because their Bavarias were damaged in a hailstorm. Just passing on:

http://tinyurl.com/68ysn6

nf
'70 2800CS
'72 Bavaria 3.0
'73 2002


Yeah, I think my `76 went up $1500 in the last month or two. Sweet!
_________________
ClayW
1976 Fjord 2002 Sunroof

Project Blog

"Finish the thing, do it right the first time and drive the son of a bitch!"
-Gray Baskerville on hot rod advice



Date: 5-12-08 02:25
From: Gregor
Subject: Re: Has anyone seen this? NADA classic car values

Some of these figures bear no relation with reality.

We all know that different areas of the country bring different prices. We also know that as the supply dwindles, there are likely fewer reported sales from which to estimate price.

A short while ago I was looking at the same site for information about AMC AMX's and Javelins. Nothing reported. Looked at 1970 Pontiac Firebirds and the site asked for upgrades like the "SJ" package. Try the chevy vega and check off the 402 cu.in. upgrade!

Sometimes you get what you pay for and that includes estimates!



Date: 5-12-08 04:39
From: skinnyd in PA View user's profile Send e-mail
Subject: Re: Has anyone seen this? NADA classic car values

Who gives a shit about the value of your pathetic little car...

...did you not see just see Rick Astley??????????????!!!!!!!!!!!!!!
_________________
1972 2002
1968 2002ti (no longer w/ us)



Date: 5-12-08 05:30
From: Benz02 View user's profile
Subject: Re: Has anyone seen this? NADA classic car values

giusto wrote:
Anyone know why the average for a '71 02 is ~13K and a '71 tii is ~9K? Seems odd.


I was under the impression Tii's didn't come out til '72, so it must be a glitch on their end...kind of like their prices. I figure at least 50 percent if not 75 percent less than what they're saying, although I did notice it says "retail". As in a used car lot??



Date: 5-12-08 08:02
From: ClayW View user's profile Send e-mail
Subject: Re: Has anyone seen this? NADA classic car values

[quote="Benz02"]
giusto wrote:
although I did notice it says "retail". As in a used car lot??


Read on there descriptions. They tell you what each level means. Many of us have "Low" retail cars. No biggie, really, since it's a little high. This just means that if you get in a wreck and an insurance company has to cut you a check, you're more likely to get enough to actually replace your car.
_________________
ClayW
1976 Fjord 2002 Sunroof

Project Blog

"Finish the thing, do it right the first time and drive the son of a bitch!"
-Gray Baskerville on hot rod advice



Date: 5-12-08 09:07
From: Delia in "Don't call it 'Frisco'" View user's profile
Subject: Re: Has anyone seen this? NADA classic car values

[quote="ClayW"]
Benz02 wrote:
giusto wrote:
although I did notice it says "retail". As in a used car lot??


Read on there descriptions. They tell you what each level means. Many of us have "Low" retail cars. No biggie, really, since it's a little high. This just means that if you get in a wreck and an insurance company has to cut you a check, you're more likely to get enough to actually replace your car.


"Retail" as in NADA member reports. Included in this group are Used Car dealers, Specialty/Classic Car dealers and Auctions like RM and Barrett-Jackson.

The auctions seem to have pushed prices upward.

You are watching these things, aren't you?

Since the unfortunate damages to my '74tii, Mae West, I've been eager to get the matter settled. And, given the information on the NADA website, the old girl is worth just over fifteen LARGE. Should be enough to get her fixed without becoming a total loss. A total loss would take another tii out of the future collector pool -- a serious loss indeed!

But then, again, the remaining tiis would benefit from her demise...fewer tiis + higher demand = higher prices on the remaining examples.

Be certain your insurance is enough to cover a total loss. No whining after-the-fact, OK?

Delia
_________________
1973 2002tii
Inka (aka "Orange Julius")
VIN 2762756

1974 2002tii - damaged
Polaris (aka "Mae West")
VIN 2782824

BMW CCA member #1974

www.oldschoolbmw.com

deliawolfe@gmail.com



Date: 5-13-08 05:10
From: WH in White Salmon View user's profile
Subject: Re: Has anyone seen this? NADA classic car values

Gregor wrote:
Some of these figures bear no relation with reality.

We all know that different areas of the country bring different prices. We also know that as the supply dwindles, there are likely fewer reported sales from which to estimate price.

A short while ago I was looking at the same site for information about AMC AMX's and Javelins. Nothing reported. Looked at 1970 Pontiac Firebirds and the site asked for upgrades like the "SJ" package. Try the chevy vega and check off the 402 cu.in. upgrade!

Sometimes you get what you pay for and that includes estimates!


Yeh, I agree. NADA prices mean little to nothing. It's all about ONE particular car being sold AT THAT TIME. NADA is worthless as an estimate of value of any particular car for sale. It's only useful as a rough guideline of a range of sales, nothing more. Many times it's way out of date or even worse over market if prices have fallen...

I love the guys that advertise their classic cars for sale saying that since NADA says it's worth X, I'm asking X+ or X- over that amount, not even considering what others in the same market or local are asking... or better yet, even getting. I look at a wide variety of cars for sale, Porsches, Healeys, Alfa,MG, Lotus, Jaguars, BMW, Ferraris', Mopar, Chevolet, Ford, Shelby etc. I prefer to go off of Sportscarmarket newsletter values, which seem more akin to what's really selling in the "real" world. And then the "real" world is normally 20-25% more than what's selling on the street right now as auctions tend to bring high prices than street values.

If I went off NADA some of my cars would be totally under valued and some way over priced! I'd prefer to just look at what they say and laugh.

WH



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