![]() Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
|
Register | Album Gallery | Thread Gallery | FAQ | Community | Calendar | Become a Paid Member | Today's Posts | Search |
![]() |
|
Thread Tools | Display Modes |
|
#1
|
|||
|
|||
![]()
Just a quick thought (please no flames), but why doesn't NADA or other sources carry any authority? You guys agree that deducting 10K for a car for non-matching is reasonable. However, I think last time I checked NADA established the high retail around 94K for a RAIII. I am not saying that this establishes a fair market value (I understand the limits) but I thought insurers gave printed sources some credibility. My agent, who is not a specialty car insurer, had no problems relying on it and told me that is the source they usually use for all sorts of valuation/loss purposes.
Just curious. Before I would dismiss 70K as being reasonable, I would probably want to see the car. My thought is that regardless of what color it is or whether it is numbers matching, a frame off restoration (Tiemann or others) would be a lot more than 70K. Thus, do you insure a car for what it would sell for, insure a car for what the owner has invested in it, or insure a car for what it would cost to replace in the event of a total loss? I don't know, but I do love 70 Judges. Again, just my thoughts.
__________________
1969 Carousel Red Judge (RAIII), 1970 Baja Gold Judge (RA III). |
#2
|
|||
|
|||
![]()
Maybe NADA is basing their prices on what these cars sold for in the past. If they use B.J. as a thermometer than they are probably way off. Supply and demand. The market has leveled some especially for the non perfect cars. I think most people insure these cars for more than they are worth anyway. You are right about restos. To restore a 1969 6 banger camaro these days would probably still cost $60,000 if done perfect. So what would that be worth when all said and done??? Who really wants it?
![]() |
#3
|
|||
|
|||
![]()
NADA guide values my 69 TA convert at 115K...They even point out only 8 produced.
|
#4
|
|||
|
|||
![]()
[ QUOTE ]
NADA guide values my 69 TA convert at 115K...They even point out only 8 produced. [/ QUOTE ] maybe it's a typo and they just forgot a zero... ![]()
__________________
I don't think it was coincidence that the Great Depression happened during Prohibition... ![]() |
#5
|
|||
|
|||
![]()
Can i have it charlie?
|
#6
|
|||
|
|||
![]()
OK
|
![]() |
|
|