Quote:
Originally Posted by red1975pacer
Now going back to Fred's original question, what value hit should be considered "reasonable" for a car that one probably would sell a few years down the road? 40%, 50% ?
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There is no exact correct answer and I believe it would be a sliding scale. IMO, it would start at about 25% for a driver quality collector car. The % hit would increase as the value of a car and the condition increases and the pool of potential buyers gets smaller and more particular about originality and correctness. Examples: Plain Jane 1969 Grand Prix. One of 90+ thousand produced. A really nice driver quality example. Clear title 20K. Rebuilt title 15K plenty of potential buyers. 1970 1/2 Trans AM Ram Air IV. 1- 2+ condition . Clear title 85K rebuilt title, salvage title, 40-50K. Very small buyer pool, people with that kind of cash would be less likely to pay big bucks for a car with a checkered past JMO.