Avanti Values?

[Guy]

Value is only as valueable as the evalueator. Hasnt this been flogged to death.

[mfg]

1 hour ago, Guy said:

Value is only as valueable as the evalueator. Hasnt this been flogged to death.

Yes.

[Bob Preston]

5 hours ago, mfg said:

NEWS FLASH…. Our Avantis, if put up for sale, are only worth what the next guy is willing to pay for them!!

It shouldn’t be a news flash to anyone. It may be news to some that your Avanti isn’t my Avanti or the next guys Avanti. So without some knowledge and history of previous sales it would be next to impossible for a seller to ask a reasonable price or for a buyer to make a reasonable offer. There are numerous variables, one guys “nice” example might be another guys train wreck, but the information is useful. 
 

It isn’t likely that you’d put yours up for “Make an Offer” and sell at the first offer. If you do, I may want to take a look. 

[mfg]

5 hours ago, Bob Preston said:

It shouldn’t be a news flash to anyone. It may be news to some that your Avanti isn’t my Avanti or the next guys Avanti. So without some knowledge and history of previous sales it would be next to impossible for a seller to ask a reasonable price or for a buyer to make a reasonable offer. There are numerous variables, one guys “nice” example might be another guys train wreck, but the information is useful. 
 

It isn’t likely that you’d put yours up for “Make an Offer” and sell at the first offer. If you do, I may want to take a look. 

Ha ha… well said!

[aardvark]

Well, in 4 pages of comments what has been said or learned?

When I started this thread. I didn't realize it would have such tooth to it... but this is a sensitive and somewhat necessary discussion, as I see it.  Values and those that could care less about values have been discussed.... Also those who Love their vehicles more than they control their spending on said vehicles.  Others (like me) who see a profit in them.. We all approach these Vehicles a little different...... So be it.

One thing I'm aware of is We all have a reality coming up in the future.. Someone will be selling our Estate. It will either be us prior to out passing '''or''' someone who inherits our stuff. I've made a list of what I have and placed an approximate value to all major items, but in the mean time I still try to buy / fix / sell as I go along. So that list will be update as things change (Values ...OR... Items). My Wife really enjoys the cars but has no clue or interest in them IF I pass first. My Son, the same scenario, . Neither of them have the knowledge or desire to try and keep my collection running, insured and driven on a regular basis. They will either sell off the stock pile or it will rot away..     I can say, I don't care because I'll be gone, but that to me is a little selfish to dump my interests on them...

Your Mileage May Vary!

[Bob Preston]

6 hours ago, aardvark said:

Well, in 4 pages of comments what has been said or learned?

A great deal of what has been said are anecdotal stories that reflect individual circumstances. That won’t answer the original question. 
 

Some sales data and valuations from Classic.com and Hagerty has been provided. We can argue against or dismiss the data in the same way that we can disagree with an appraisal on a house. The reality is that the bank uses the appraisal to determine the loan amount, so that’s a large part of what determines home values. Same principle applies to vehicles. We need to use the available data to determine values rather than using the values owners believe their vehicles have. 
 

What I’ve learned is that some folks want others to do their work for them. And others, who most likely have an interest in the value of their car, pretend they don’t when they grow tired of a nonproductive discussion. 
 

 

[mfg]

1 hour ago, Bob Preston said:

A great deal of what has been said are anecdotal stories that reflect individual circumstances. That won’t answer the original question. 
 

Some sales data and valuations from Classic.com and Hagerty has been provided. We can argue against or dismiss the data in the same way that we can disagree with an appraisal on a house. The reality is that the bank uses the appraisal to determine the loan amount, so that’s a large part of what determines home values. Same principle applies to vehicles. We need to use the available data to determine values rather than using the values owners believe their vehicles have. 
 

What I’ve learned is that some folks want others to do their work for them. And others, who most likely have an interest in the value of their car, pretend they don’t when they grow tired of a nonproductive discussion. 
 

 

Bob, as in real estate, there’s no such thing as a true ‘comp’ in the Avanti world….There are simply too many variables……

To repeat, an Avanti, or any other collector car, is worth what the buyer is willing to pay you, and what you’ll accept, on the day you sell it!

[Bob Preston]

1 hour ago, mfg said:

Bob, as in real estate, there’s no such thing as a true ‘comp’ in the Avanti world….There are simply too many variables……

To repeat, an Avanti, or any other collector car, is worth what the buyer is willing to pay you, and what you’ll accept, on the day you sell it!

Your statement is true, however it is also rather inane. It’s similar to the phrase “It is what it is” which is known to drive Jerry Seinfeld mad. 
 

If there is a point to this thread it is that a value needs to be determined before a car is listed for sale. Few buyers would offer anything close to a fair price if the seller didn’t ask for something close to a fair price as a starting point. 
 

I’d imagine that most forum members would perform their own due diligence before buying or selling a classic car, in the same way that someone in the housing market would do some research. Houses typically sell close to their asking prices or appraised values. Past sales data helps determine the market. It isn’t just a shot in the dark. 
 

For the sake of this tread, I’m not interested in investing the time to compile the data necessary to answer the original question. In my opinion, the approach taken won’t yield meaningful results, however there will be some useful information posted here and there. 

Edited 3 hours ago by Bob Preston

[mfg]

“Inane”?….I don’t think so….

However, I do understand that  individuals situations and viewpoints can widely differ…..

I stand by my prior comments.