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Car Truck Tips :: Classic Car Prices
Classic Car Prices: Finding Average Prices for a Classic Car
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Finding average classic car prices can be difficult as so much can depend on the condition of the vehicle, its mileage, restoration efforts, added on features and original parts.
For example, the difference between a restored 1967 Ford Mustang that has all its original parts and only a few thousand miles is huge when compared to the same car that's been restored with after market parts or not restored at all.
For an overview of how to find the best average classic car prices, keep reading for some great hints and tips that could save you money.
Try NADA First
First, get a general idea of the car's basic resale value by checking the Nada Guides Vehicle Pricing site (http://nadaguides.com) and inputing the vehicle's make, model, year, mileage and basic condition. Unlike Kelley, NADA offers a special section for classic car pricing based on collectibles, special interest vehicles, exotic vehicles and more.
The site also offers you the low retail price, average retail value and the high retail based on sales data from the Internet and subscribing used and classic car retailers. For example, a 1948 Buick 70 2-door Roadmaster Convertible has recently sold for as low as $23,100 and as high as $85,200. That's quite the price discrepancy.
Admittedly, because of the huge price range often found in many classic and collectible vehicles, your research will need to go behind the basics of NADA.
Run a Web Search for Similar Models and Configurations
Try doing a basic online search for recent classified ads or listings offering similar vehicles to the one you're planning to purchase. Get an idea for the fluctuations in price depending on the mileage, condition and presence of original or after market parts.
Typically, the value or range of classic car prices will fluctuate depending on the conditions in which the car is kept, whether it's a “daily driver” and if any reconditioning or additional restoration is required.
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CarTruckTips.com :: Classic Car Prices