[Mgs] Selling my '79 MGB Limited Edition

[Richard Ewald]

Yeah you should have seen the problems I had establishing a value for the
Rolls-Canhardly I was trying to unload.
:-)
Rick

Sent from my iPhone

On Aug 22, 2011, at 9:46, Max Heim <max_heim at sbcglobal.net> wrote:

> Rick hit the nail on the head in the last paragraph. The price estimate is
> only as good as the "comps", and it can be hard to find a comparable sale
> for a 1952 Wootleigh-Whatzit Le Mans in "as driven" condition, as opposed
to
> "museum restoration" or "vintage race prepped".
>
> Then there is the well-known syndrome that everyone thinks their car is a
> #2. Actually, almost nobody's car is a #2.
>
> --
>
> Max Heim
> '66 MGB GHN3L76149
> If you're near Mountain View, CA,
> it's the primer red one with chrome wires
>
> on 8/22/11 9:21 AM, Richard Ewald at richard.ewald at gmail.com wrote:
>
>> FWIW I have worked at car dealers (service manager) and we were told that
>> NADA tracked transaction prices to establish their values.  The numbers in
>> NADA are usually much lower than Kelly Blue Book.  Blue Book is great if
you
>> are selling (but don't plan on getting those numbers from a savvy buyer)
>> NADA numbers are what our used car manager used as a starting place when
>> evaluating trade ins.  So if you are selling, show the buyer Blue book, if
>> you are buying, use NADA.
>> The problem with NADA or any other evaluation service on very old cars
like
>> LBCs is there are so few of them sold, and their condition is all over the
>> map, it is tough to get a proper average price.
>>
>> Rick
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