Nada Classic Car Pricing

bellbigdawg
bellbigdawg Expert Adviser
edited November -1 in HUDSON
can anyone explain how NADA comes up with classic car prices? looking at it goes like this using restored high prices only: 1947 hudson pickup $26,000, 1946 hudson pickup $33,000, 1941 hudson pickup $21,700, 1939 hudson pickup 1/2 ton $19,000, 1937 terraplane 1/2 ton pickup $9,600, 1934 terraplane 1/2 ton pickup $10,900. a few others: 1939 studebaker coupe express pickup $16,200, 1940 willys 1/2 ton pickup $8,650. right now I will trade anyone two 1946 hudson pickups of mine for a 1939 studebaker coupe express in similar condition. a 1946 hudson pickup is worth $7,000 more than a 1947? both a 46 and 47 worth more than a 41? you can get THREE 1934 terraplane pickups for the price of a 46? FOUR 1940 willys pickups for the same as a 46 hudson? I think I will go into buisness trading 46 through 47 hudson pickups for studes and willys and terraplanes!!!

Comments

  • [Deleted User]
    [Deleted User]
    Price guides are updated quarterly and really don't reflect reality. They are, by their very nature, subjective and biased. A car or truck is ultimately worth what a seller and a buyer agree upon, regardless of what one of the "price guides" says. What it would take for a buyer to purchase my '37 and what a price guide alleges its value at, do not agree.
  • Unknown
    Unknown
    ahh those things are wacked. they say my 31 essex in top shape, totally restored show quality is only worth 13,000. who would bother estoring one if thats all it will be worth?
  • Browniepetersen
    Browniepetersen Senior Contributor
    I have to agree with both of you in the point of reality. I work with several price guides and belong to an offline appraisal support group. The editors at Old Cars Price Guide will tell you that they have established a base price, then from "supply and demand" auctions they evaluate and change the price ranges. This is why a Shelby Mustang 350will hit the 300K mark when a few years back they were hard pressed to hit half that. That is also why Model A's have crashed from there pre 2000 price ranges of 30K for a roadster. However, the rub here is that they seem to have started their price base at around 10K and since some of our Hudsons do not have a large sales base the price remains about the same. Bottom line, this hobby is a product of supply and demand. Those examples that people want, the price goes up. It is interesting that insurance companies will insure cars for "almost" what ever an appraiser will evaluate the car for. Go figure....



    Brownie Petersen

    Petersen Historical Automobile Appraisals
  • [Deleted User]
    [Deleted User]
    Yup, the guides aren't even close when talking Hudsons. Not enough cars sell to get good numbers. Guides are way LOW.
  • Unknown
    Unknown
    I don't think that OCPG is "generally" that far off on prices...
  • Browniepetersen
    Browniepetersen Senior Contributor
    I agree with you Hudsonkid. OCPG does a lot better job than Manheim, Kelley Blue Book or NADA.



    I like to get the cars for free--they are a lot funner to build when you have nothing to loose...
  • TOM-WA-
    TOM-WA- Senior Contributor
    Sir:



    I came upon yer post and wanted to let you in on a bit of trivia you might find interesting.



    For a number of years my cousin Jim Strader worked with your fine museum as did his son Jim Jr....A few years back while visiting Los Angeles my wife and I along with a couple of friends went there and had a wonderfull time.



    On a personal note I have a dear friend living in the Valencia area who recently purchased a 1940 Packard and he is having a devil of a time finding a mechanic in His area to assist him.



    If you know of anyone that you might recommend in the San Fernando Valley area that works on these older cars it would be greatly appreciated if you could pass on this information.



    THANKS



    TOM BARRETT

    SNOHOMISH, WA.

    tombar46@msn.com

    206 351-2649
  • Nevada Hudson
    Nevada Hudson Senior Contributor
    Check with Ken Perkins, He is in the roster.
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