[tharbert]

The Illinois Dept. of Revenue sent me a tax bill for the 72 911T barn find I picked up in the spring last year. Apparently, when you pay the taxes based on the price you pay, some pencil pusher reviews the transaction and if they think you didn't pay enough, they can you a bill for the difference.

Well, the bill was for $1350, about $350 more than I paid for the car in the first place. According to the tax chart, they value the car somewhere between $22K-$25K.

So, how do you legally evaluate the worth of a 37 year old car? It's not like you can look in Kelly Blue book for a reasonable starting point. When I picked up the car, there were obvious rust issues, the motor hadn't been started in 8 years, tires were trash, there were mice nests inside the car and the engine and did I mention rust issues? I guess you could call it a roller with potential.

So, what's the ballpark "worth" of a car like this?