This guy's on something, 69 squire

Discussion in 'Station Wagon Auctions, Craigs List and Other Stat' started by Thirsty islander, Sep 30, 2018.

  1. Thirsty islander

    Thirsty islander Well-Known Member

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    Thirsty islander, Sep 30, 2018
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  2. ctrysquire

    ctrysquire Well-Known Member

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    Hagerty appraised this at $18,800?? Worth $38,200 in concourse condition?

    If so, Hagerty better appraise my '70 at $50K.

    With the rust and overall condition of the paint and factoring in likely additional problems, my guess is it would take $38,200 to put it into concourse condition.

    I suspect the only money to be made off this wagon is that made by the seller, assuming he finds someone foolish enough or rich and desperate enough to pay that kind of money for a car in this condition.

    These wagons should be bought and enjoyed and sold for love, not profit.
     
    ctrysquire, Sep 30, 2018
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  3. fasteddie

    fasteddie Well-Known Member

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    Take off 25% for Canadian dollar.
     
    fasteddie, Oct 1, 2018
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  4. OrthmannJ

    OrthmannJ Always looking for old ford crew cabs

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    Good point.

    I do have to chuckle when I see some of the assessed values folks use in their ads. But, at some point I have to realize that these value calculators exist because of some sort of algorithm based on real world data. I doubt very mush it is worth the asking price, but you can't blame the guy for trying.

    I agree with this point as well. As was on full display at the latest Barrett-Jackson auction, many of these vehicles cost more to restore than they will ultimately be worth when the time comes to sell.
     
    OrthmannJ, Oct 2, 2018
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  5. fasteddie

    fasteddie Well-Known Member

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    Hagerty in particular, I believe, uses an algorithm based on their agreed-to values and published auction prices. So some of those values might be a little inflated, but when I went to insure one of my cars at what I thought it was ‘worth’ I was advised to raise it because the broker said “if the car is a total loss, good luck finding one to replace it at that price. Set the value at the cost to replace in a reasonable amount of time not by looking for the lowest priced example you can find.”
     
    fasteddie, Oct 2, 2018
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