Detector
Well-known member
- Joined
- Nov 6, 2011
- Messages
- 232
- Reaction score
- 0
- Location
- Dodge City, KS
- My Car
- 1973 Mach 1 Q Code
1995 GT Convertible
Now I realize that the true value of any car, or anything else for that fact, is what someone is willing to pay. That being said, I usually use NADAGUIDES to get a rough idea of a cars value but I've always been a little confused as to how they figure the difference between Low, Average and High retail. I understand how to categorize a car to be in the Low, Average or High retail category, what I don't under stand is how these values can vary so much from one car to another in the difference in Low and High.
Here is an example:
My 1973 Mach 1 Q code has a NADAGUIDES low retail value of roughly $12,000 and a high retail of roughly $40,000. The 1967 fastback I was comparing it to has a low retail of $17,000 and a high retail of $30,000. So basically the 67 is worth more in rough shape and the 73 is worth more is great shape. It also was the case with my 64 1/2 convertible. It has a low retail of $14,000 and a high retail of $39,000.
What makes a car worth less in low retail condition and worth more in great condition? Is it that the 67 fastback is worth more in crappy condition because it is easier to find more 73's in crappy condition than 67's and easier to find more 67's in great condition than 73's? A supply and demand thing?
Also, where is the best place to get a general idea of the value on classic cars? Most of the time when I want a realistic value I'll go to eBay completed sales and see what people are actually paying.
Thanks
Here is an example:
My 1973 Mach 1 Q code has a NADAGUIDES low retail value of roughly $12,000 and a high retail of roughly $40,000. The 1967 fastback I was comparing it to has a low retail of $17,000 and a high retail of $30,000. So basically the 67 is worth more in rough shape and the 73 is worth more is great shape. It also was the case with my 64 1/2 convertible. It has a low retail of $14,000 and a high retail of $39,000.
What makes a car worth less in low retail condition and worth more in great condition? Is it that the 67 fastback is worth more in crappy condition because it is easier to find more 73's in crappy condition than 67's and easier to find more 67's in great condition than 73's? A supply and demand thing?
Also, where is the best place to get a general idea of the value on classic cars? Most of the time when I want a realistic value I'll go to eBay completed sales and see what people are actually paying.
Thanks
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