Are there any realistic old car price guides?

Are there any realistic old car price guides? In the NADA guide, it tell me our 69 convertible Firebird (basket case) is worth $13000. I think thats about $10000 too much, but I have to come up with an "official value estimate" for tax purposes. Any direction would be greatly appreciated.

 

Tax purposes? $5.42.

 

I'd say that, but I have to produce an official do***ent.

 

you mean to tell me barrett jackson isn't an accurate pricing model of the collector car market?!?!?!?!

 

Ask a reputable s****per what he would give you for it. Have him write you a doctors note. That'd probably be the cheapest you could come out on it.

 

On June 30th, a 67 Firebird Convertible basket case, complete but needing restoration, failed to even attract a single bidder at the $3075 opening bid on ebay. I would say that substantiates your thoughts to a certain extent. The REAL market is obviously very different than the book market.

Not sure what you need a tax value for, but I would find an appropriate appraiser that is willing to give you a fair number on paper in exchange for $100 or so and call it a day.

Good luck.

http://cgi.ebay.com/ebaymotors/Pont...3c5QQitemZ230492136389QQptZUSQ5fCarsQ5fTrucks

 

Washington uses the Old Car Value Guide as the benchmark to charge sales tax when transferring a ***le to an old car. They seem to ignore the fact that the values are based on 100% original cars, stock only, and don't even instruct the agents on the instructions printed in the book. Magazines are sold when the information inside is what the reader is looking for, so decreasing values in the guides mean fewer folks buying to see what their "investment" is worth, thus escalated pricing. See if you can get comperable sales off the internet sites, newspapers, craigslist, etc. An apprasial may be your best route, as it would reflect the current value more closely than any magazine or book.

 

Old Cars Report Magazine, 8/10: 1969 Firebird convertible - parts car, $1120, complete car needing total restoration, $3360. Deduct 25% for 6-cyl; add 25% for HO 400; add 10% for 4-speed; add 20% for Ram Air Iv engine. For $13,000 you should be able to get one nice enough you can take it right to a local car show and place in your cl*** - not a 100 point car or anything you'd be afraid to drive, but it doesn't need anything fixed either.

You really can't go by an eBay no-sale, just because a car didn't find a buyer there in 7 or 10 days doesn't mean the car won't sell for that price, just that no one who wants to start from scratch found the auction.

 

Are you sure you are reading it right? You might also check "The Old Cars Price Guide" available at a store like Barnes and Noble (at least my local one).

Charlie Stephens

 

Yeah- the guides low estimate was for a daily driver. I'll check the bookstore. Thanks.

 

Independant appraiser perhaps.

 

HAMB Cl***ifieds.