| 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 Many times it's way out of date or even worse over market if prices have fallen...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