NADA Pricing Guide

Not only are owners getting older, the cars are also.

A car that has had a new owner every few years might not be the best to be buying.

If you find a well cared for car that has had long time ownership by the same person. I believe prices are at the least stable, might even be increasing to a degree.

Like any antique, prices go up and can than come down.

Our 1929 was purchased out of a barn in 1981. We have spent a lot on maintenance over the last 40 years, but even in a fire sale I should be OK. Plus many years of enjoyment.
 
If you are looking at a car that is listed online, you can tell a lot by what is in the background. If there are tools and parts then the car is likely well cared for. If on a trailer then the seller is likely trying to flip it. If it is in a large building with lots of other cars in the background then it is likely a dealer who is trying to make a buck. If no tools and lots of junk piled in the garage then take a mechanic with you for a detailed inspection.
 
The rules are always the same: buy low, sell high. For a car you restored, it will be the opposite, but I think most of us have different motivations. We like to restore and we buy for enjoyment.
 
If you have any clue to what you are doing, ModelAs can be flipped like any used car. But it does in fact take a good bit of discernment to know what you are doing.

Certainly not for the faint of heart or those that mentally get "stuck" on an idea.
lots of flexibility is needed. I have been able to upgrade over the years, because I was never in a hurry and always saw the end game- getting a better car down the road
or as I am now seeking, rarer models then what I currently have.
The chase is always fun!
 
You must log in or register to reply here.
Back
Top