I have a 68 vert 4sp (close ratio),400, front disc brakes, Posi (3:90 rear end), console, AM/FM radio, rally guages. Very original stock car. I would rate it a daily driver. Everything on the car is numbers matching.
My insurance wants a value. What would this car sell for or be worth?
They would likely not argue if you set the declared value at $25K, difference in policy would be minimal. But be honest with yourself about the condition.
Can't rate a car without photos and hands-on, which is why appraisers are in business. A car could be all you mentioned above and still have critical rust issues or former collision damage or simply be degraded by time to a lower level.
Check NADAguides.com for a "book" value.
Vikki 1969 Goldenrod Yellow / black 400 convertible numbers matching
Gotta agree with Vikki. I had my insurance company value mine at 25K before I started the restoration. If this is not going to be your daily driver, you can get classic car insurance through almost any of the big insurers. I have mine through State Farm becaouse that's where I insure everthing else. My premium is $53 per half for full coverage.
I will most likely bump it to 40-45K once it is done.
68' Firebird 400 convertible, numbers matching, solar red w/ deluxe parchment interior. 66' Pontiac Ventura Hardtop 66' Pontiac Catalina Convertible
Here in WA state, the Dept. of Licensing taxes acording to the Old Cars Price Guide you can pick up at news stands/magazine shops (I think this is the correct site: http://www.oldcars.com/ ) which lists I think 3 categories for condition and value. They use that no matter how much or how little you paid for it and tax you on that amount.
But over all, I'd say this is well worth picking up for estimating a good average value. In todays market I'd have to agree, consevitivly $25K would be the right ball park. I have to raise the valued coverage on mine too, 5 years ago it was set at $15K, now that should be more like $20K-$25K Agreed value.
That site links back to NADAguides. I like the "High Retail" value for a '69 bird equipped as mine...over $50K. I had an offer for $30K a couple of weeks ago, but I can't see a non Ram Air, non TA bringing anywhere near $50K yet.
Vikki 1969 Goldenrod Yellow / black 400 convertible numbers matching
Better or not...demand for Firebirds due to lower popularity keeps prices "affordable". Chevys have a bigger target market due to familiarity and larger production numbers, exactly the things that reduce rarity. That's why there are more clones than real performance Chevys.
Look at the pricing of an ordinary Mopar...Dart, Satellite...no factory performance engines or rare parts, were never highly desirable when used cars...what makes them go up? The prices on the Hemis and AAR/TA and Six Packs.
Firebirds are following GTOs up the scale.
Vikki 1969 Goldenrod Yellow / black 400 convertible numbers matching
I used the following site www.nada.com like Vikki said and the car, average value came up to 30K. They add a 15% bump up because it is a 4sp and a 25% bump up because it is a 400.
So I am guessing because the 4sp is more rare than the automatic or has higher demand and the 400 is more rare than the 350 they added premiums.
"Average" is a 20 footer. The "daily driver" may be above or below this figure. A hundred thousand mile car that has average wear and tear will be below.
The auto is rarer in most cases, especially in the performance packages, but the 4 speed is more desirable now. All the performance packages give a substantial price premium over a 350 2bbl.
Vikki 1969 Goldenrod Yellow / black 400 convertible numbers matching
Mine is a ten footer. Mid #2 car. 25 year old paint, 16 year old top. Top is perfect, but paint is not although it shows well. What saves it is that the whole car "looks" good, not like a worn out car with a fresh paint job nor a fresh interior in a sad looking car. But if you give it more than a cursory inspection the flaws are apparent.
Heck, without my contacts my car looks #1!
Vikki 1969 Goldenrod Yellow / black 400 convertible numbers matching
The online pricing links to NADA, but what I was trying to point out it their magazine you can buy on the news stand. (or subscribe as noted on the site) That is more comprehensive, and while not extremely detailed as far as options, it does give a good value reference.
to use NADA you got to have an 'original' car,correct engine etc.....since mine is not ,and many others arent , NADA cant be used for many cars,... you got to see what the "going market" is, by seeing what Collector car trader is asking , (using a +_75% of that as guestimate of selling price) and checking EBay to see what "comparable" cars sell for..it seems that 'non original' cars are going up in value too...in my estimate a non orig nice car (Firebird) is probably worth around 75% of an all original (in same condition)... I figure mine (non orig engine, non 400 to start with, 5 yr old paint, modestly worn de luxe interior, etc) wuld be worth $18-20k...got it insured for $20k, I DO have $24k plus in her but hope I could sell for 20......as time goes bny ,maybe worth more? I consider mine a 10 footer...
</font><blockquote><font size="1" face="Verdana, Helvetica, sans-serif">quote:</font><hr /><font size="2" face="Verdana, Helvetica, sans-serif"> but hope I could sell for 20... --------------------------------------------------------------------------------
I hope you don't! </font><hr /></blockquote><font size="2" face="Verdana, Helvetica, sans-serif">notice the " could " in there!
Heres a question..maybe this has already been addressed on here. If so, i apologize. Is there a difference in the market in terms of prices on first gen birds for different years. For example, does a 67 bring higher dollars to the comparable model in a 69... or vice versa? I know in the Camaro world 69s demand the highest price, followed by 67s and 68s seem to demand the least.
Some people strongly prefer the '67/'68 styling, some the '69 styling. I don't know too many people who say it doesn't matter one way or the other. And people tend to be willing to pay more for what they really like.
My favorite is the '67 vert.
Vikki 1969 Goldenrod Yellow / black 400 convertible numbers matching