Comments on: NADA "Blue Book" http://www.antiquesauto.com/nada-blue-book Mon, 06 Sep 2010 10:24:19 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: admin http://www.antiquesauto.com/nada-blue-book/comment-page-1#comment-3757 admin Tue, 09 Feb 2010 05:31:39 +0000 http://www.antiquesauto.com/nada-blue-book#comment-3757 Bob, <br />   Ooops...I misread your original post. My response was based on a 1974, <br />   not a 1964 Vette. The cautions I mentioned are still valid, but the <br />   price at $10K is decent (of course depending on the condition of the <br />   car overall). <br /> <p>  Time to go get my reading glasses adjusted... <br /> </p><p>*************************************************************************** <br /> *  STEVE PAZAR           DoD #702           Kawasaki KZ440A <br /> *  E-mail:   pa...@hpnmdla.sr.hp.com <br /> *  Ether:    WA4DUT/6 <br /> *  Stupid is forever, ignorance can be fixed... <br /> *************************************************************************** <br /> </p> Bob,
  Ooops…I misread your original post. My response was based on a 1974,
  not a 1964 Vette. The cautions I mentioned are still valid, but the
  price at $10K is decent (of course depending on the condition of the
  car overall).

  Time to go get my reading glasses adjusted…

***************************************************************************
*  STEVE PAZAR           DoD #702           Kawasaki KZ440A
*  E-mail:   pa…@hpnmdla.sr.hp.com
*  Ether:    WA4DUT/6
*  Stupid is forever, ignorance can be fixed…
***************************************************************************

]]> By: admin http://www.antiquesauto.com/nada-blue-book/comment-page-1#comment-3756 admin Tue, 09 Feb 2010 05:31:38 +0000 http://www.antiquesauto.com/nada-blue-book#comment-3756 Bob, <br />   I'll take a crack at this one... IF the car was 100% original AND it <br />   was in good to excellent unrestored condition, it would be worth <br />   about $12K from what I have seen. Restored and original, about $15K <br />   which would be a great value considering the cost of restoration... <br />   another subject. <br /> <p>  As you describe it, this car is not original which decreases its <br />   value considerably. Collectors want 100% original, period. Also <br />   consider that it has been sitting for a long period. For starters, <br />   you will have to completely rebuild the brake system. The engine <br />   may be frozen, and if not, will have developed surface rust that CAN <br />   cause problems further down the road (so to speak). Was there <br />   antifreeze in the radiator? If not, count on corrosion in the cooling <br />   system. Automatic? Hardened seals... You probably get my drift. Letting <br />   a car sit is about the worst thing you can do to it, unless it is <br />   done properly. I learned this lesson the hard way... <br /> </p><p>  Within the last couple of months a friend purchased a 1974 Vette convert <br />   with a 4 speed in excellent original condition. It was a daily driver, <br />   but still needed about $2K worth of work he hadn't anticipated. He <br />   paid $8K for this car, which was probably a fair price. From what <br />   you describe, the car you're looking at would be worth somewhat less. <br /> </p><p>  Hope this helps... <br /> </p><p>*************************************************************************** <br /> *  STEVE PAZAR           DoD #702           Kawasaki KZ440A <br /> *  E-mail:   pa...@hpnmdla.sr.hp.com <br /> *  Ether:    WA4DUT/6 <br /> *  Stupid is forever, ignorance can be fixed... <br /> *************************************************************************** <br /> </p> Bob,
  I’ll take a crack at this one… IF the car was 100% original AND it
  was in good to excellent unrestored condition, it would be worth
  about $12K from what I have seen. Restored and original, about $15K
  which would be a great value considering the cost of restoration…
  another subject.

  As you describe it, this car is not original which decreases its
  value considerably. Collectors want 100% original, period. Also
  consider that it has been sitting for a long period. For starters,
  you will have to completely rebuild the brake system. The engine
  may be frozen, and if not, will have developed surface rust that CAN
  cause problems further down the road (so to speak). Was there
  antifreeze in the radiator? If not, count on corrosion in the cooling
  system. Automatic? Hardened seals… You probably get my drift. Letting
  a car sit is about the worst thing you can do to it, unless it is
  done properly. I learned this lesson the hard way…

  Within the last couple of months a friend purchased a 1974 Vette convert
  with a 4 speed in excellent original condition. It was a daily driver,
  but still needed about $2K worth of work he hadn’t anticipated. He
  paid $8K for this car, which was probably a fair price. From what
  you describe, the car you’re looking at would be worth somewhat less.

  Hope this helps…

***************************************************************************
*  STEVE PAZAR           DoD #702           Kawasaki KZ440A
*  E-mail:   pa…@hpnmdla.sr.hp.com
*  Ether:    WA4DUT/6
*  Stupid is forever, ignorance can be fixed…
***************************************************************************

]]> By: admin http://www.antiquesauto.com/nada-blue-book/comment-page-1#comment-3755 admin Tue, 09 Feb 2010 05:31:20 +0000 http://www.antiquesauto.com/nada-blue-book#comment-3755 Yes, there is a difference (my company get the trade NADA guides  ...) The <br /> Consumer editions are issued on a longer cycle than the trade version (which <br /> is monthly) and so are not quite as up-to-the minute in their prices, though <br /> they do give a pretty close idea of what the going prices are.  The Yellow <br /> wholesale guide lists 3 figures for each car based on average sales prices <br /> over the past month from figures supplied by dealers across the USA. <br /> The yellow guide gives average loan, average retail & average trade in values <br /> together with additions/deductions for mileage & optional equipment. <br /> There is in fact a NADA Blue Book too which gives wholesale values <br /> (at auction)for cars in clean, average or rough <br /> condition. (the average is pretty much what you find in the yellow book) <br /> The NADA yellow book is also regionalised - there are 9 different editions <br /> covering the USA  and there are NADA guides covering all sorts of vehicles, <br /> from light aircraft,bikes/snowmobiles and boats to RV's & trucks... <br /> <p>You too can watch your vehicle depreciate monthly...;) <br /> -- <br /> Bob Hodgson <br /> </p> Yes, there is a difference (my company get the trade NADA guides  …) The
Consumer editions are issued on a longer cycle than the trade version (which
is monthly) and so are not quite as up-to-the minute in their prices, though
they do give a pretty close idea of what the going prices are.  The Yellow
wholesale guide lists 3 figures for each car based on average sales prices
over the past month from figures supplied by dealers across the USA.
The yellow guide gives average loan, average retail & average trade in values
together with additions/deductions for mileage & optional equipment.
There is in fact a NADA Blue Book too which gives wholesale values
(at auction)for cars in clean, average or rough
condition. (the average is pretty much what you find in the yellow book)
The NADA yellow book is also regionalised – there are 9 different editions
covering the USA  and there are NADA guides covering all sorts of vehicles,
from light aircraft,bikes/snowmobiles and boats to RV’s & trucks…

You too can watch your vehicle depreciate monthly…;)
—
Bob Hodgson

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