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Re: 1971 MGB Value

To: dcouncil@imt.net, mgs@autox.team.net
Subject: Re: 1971 MGB Value
From: Ajhsys@aol.com
Date: Thu, 30 Mar 2000 13:15:01 EST
In a message dated 3/30/00 11:03:32 AM Eastern Standard Time, 
dcouncil@imt.net writes:

<< I like these new NADA values. But I don't believe them. I don't know why 
 but it seems like a used BGT typically has been worth around $2000 for many 
 years. But the price varies considerably based on condition. If it has 
 rust, it will only be worth $500-$2000, depending on how bad it is. Minimal 
 to no rust, then I would say its value would range from $2000-$5000 
 depending on overall condition of body, interior, and mechanicals. An 
 incredible bargain still compared to the price of today's cars, >>

- - - - - - - - - - - - - -

Keep in mind that there's a difference between what an enthusiast will pay 
for a particular car and what the "official" value of the car is worth.  How 
in the world can one company create a book value for every car ever made?  
They can't possibly be experts on everything.

It sounds like they are just catching up to the classic car pricing before 
the great devaluation of the '80's.  Prices were much higher before everybody 
came to their senses.  NADA reflects this, only two decades late.

Now, baseball cards are actually worth thousands of dollars, and you don't 
have to worry about rust or worn valves.  :-)

Allen Hefner
SCCA Philly Region Rally Steward
'77 Midget
'92 Mitsubishi Expo LRV Sport

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