What's the best way to determine Z value

[peng155]

Hi Guy's...

It's been a while since I've been on the board, and I've come to the decision to sell the Z.... My question is what's the best way to determine a fair sellng value for my 71 Z?

Thanks for your advice and suggestions

[psdenno]

Start by removing any emotional value you attach to the Z. Check a couple of the on line value guides like:

http://www.nadaguides.com/ or http://www.kbb.com/

Check the competition in the AutoTrader or a recent issue of Hemmings. Decide if you want to sell it fast or are willing to wait. Take good pictures of wear or rust areas. Look for a local club where members can help with value or be potential buyers.

Good luck!

Dennis

[venus]

Start by removing any emotional value you attach to the Z.

This is the worst blow. Doesn't matter how much love & care you put into your machine, value is how much it's worth standing alone in front of a firing squad. WTF can a poor boy do? You must find the right market, ie, Z car boys wanting your prize. Good luck finding someone to appreciate what you have.

[Bruce Palmer]

Total up what you paid for the car, everything you have put into it in the way of parts and all your labor hours at say $30 per hour...... Yeh, that oughta get you close. Nyuck nyuck

[H4LIGHTS]

Well, according to KBB "Official Guide For Early Model Vehicles":

Fair is 5100

Good is 11,300

Excellent is 18,600

Accurate? Who knows but it is one industry sources opinion used by those in the auto resale business.

[IdahoKidd]

Phil, comparative shopping and then based on supply and demand. Keep an eye on autotrader magazines. Also, look on ebay but under completed auctions. Tons of them are listed for sale but never sell. That doesn't count. KBB is pretty useless except for egos. I have $100 grand in antique iron according to kbb, but likely couldn't sell it for 40%. Watch the CL ads, etc. Emotional value is usually tripple of actual value. If you drove by your car on the street, what would you be willing to pay for it? There is no definitive answer other than pic a number that is reasonable and advertise it. If it doesn't sell in a reasonable time, adjust the price. I'd bet that all most all of us think our cars are worth more than we could actually sell them for.

[sblake01]

KBB is pretty useless except for egos.

Ain't that the truth! I hate when I go to look at a vehicle and the seller quotes me the 'KBB' value or the 'NADA' value. In most cases you can easily point out the differences between the actual vehicle they are selling and the one they must have looked up........

[psdenno]

Ain't that the truth! I hate when I go to look at a vehicle and the seller quotes me the 'KBB' value or the 'NADA' value. In most cases you can easily point out the differences between the actual vehicle they are selling and the one they must have looked up........

The NADA Guide (key word "Guide") is exactly what it calls itself - a Guide, not an absolute. When one uses the Guide, it's important to look at the narrative that defines each quality level. It's printed at the bottom of the web page and in the front of the actual book. Then, you need to appraise your car with "fresh" eyes - not the ones that saw your bride in the car on your honeymoon or your first born learning to drive with the car. I've found it to be an effective "Guide" for a "ballpark" price range. As I mentioned, it's not an absolute.

For a look at values based on emotional ties, look at this site:

http://www.hagerty.com/hccr/Auto/1971/Datsun/240Z/

And, as we all know, it always comes down to finding a buyer with the fever.

Dennis

[sblake01]

I'm well aware of how NADA works. My point is that not all sellers are.....

[psdenno]

I'm well aware of how NADA works. My point is that not all sellers are.....

I have no doubt that you're well aware. I posted that additional clarification for Phil's benefit since he asked the question that started the thread. Sorry, if you took it personally.

Dennis

[sblake01]

My bad. I didn't go back and read the original post again.:embarrass: But you did quote me.

[Diseazd]

Total up what you paid for the car, everything you have put into it in the way of parts and all your labor hours at say $30 per hour...... Yeh, that oughta get you close. Nyuck nyuck

......then divide by 5.