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Still Doin Time
Join Date: Nov 2004
Location: Nokesville, Va.
Posts: 8,225
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My experience, also part of my hobby is following valuation trends for classic vehicles, not just cars. Since we are talking cars I've found that the used market pricing for an average daily driver has influence on the classic market. Specifically on people's perception that if a decent used vehicle brings "X" that impacts up or down on classic valuations.
In other words the average market price for a late model, used car today is @$32K+. So for an average classic vehicle in, say a #3 or possibly #2 condition $32K is the starting point. Specifically we are not talking about 911's or LS-6 Chevelles, but brands and models that are more mass-produced, not as rare. But even then with low interest rates, money is cheap ( for the time being) so again has influence on market value.
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'15 Dodge - 'Dango R/T Hauls groceries and Kinda Hauls *ss
'07 Jeep SRT-8 - Hauls groceries and Hauls *ss Sold
'85 Guards Red Targa - Almost finished after 17 years
'95 Road King w/117ci - No time to ride, see above
'77 Sportster Pro-Street Drag Bike w/93ci - Sold
Last edited by asphaltgambler; 08-27-2022 at 05:52 PM..
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