I don’t understand classic car prices at all

"Just Jeepin'" (macintux) 05/29/2019 at 19:11 • Filed to: None

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How can this be only 5k?

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WilliamsSW > Just Jeepin' 05/29/2019 at 19:21

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Classic car prices are all over the map, but:

- very few cars newer than 1972 have all that much value

- value is highly dependent on how much bondo/rust the car has - and bondo doesn’t usually show up in pictures

- a lot of cars are listed at nonsensical prices because people use the Saturday afternoon highlights from Mecum and B-J as comps- when those cars are mostly perfect trailer queens.

This one seems like a reasonable price if it’s not full of bondo - but can easily be a CP if it won’t attract a magnet. 

gin-san - shitpost specialist > Just Jeepin' 05/29/2019 at 19:24

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it’s cursed

he just didn’t mention it in the ad

BeaterGT > Just Jeepin' 05/29/2019 at 19:27

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Has to be rust somewhere. Either that or scam. 

HFV has no HFV. But somehow has 2 motorcycles > Just Jeepin' 05/29/2019 at 19:28

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Because it’s not this one.

lone_liberal > Just Jeepin' 05/29/2019 at 19:30

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Nobody really lusted after a ‘75 Camaro when they were a kid. They were the first year with a catalytic so they were a low point in horsepower and they had the big bumper before they hid it under urethane. It will run and drive like my ‘71 but to collectors it’s not as desirable . It’s weird but the same kinds of things happen in other collecting worlds too. Certain editions of the same book are worth wildly different prices. 

Wacko > HFV has no HFV. But somehow has 2 motorcycles 05/29/2019 at 19:34

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This, this and this.

WilliamsSW > BeaterGT 05/29/2019 at 19:39

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I’m betting that the quarters won’t attract a magnet...

jimz > Just Jeepin' 05/29/2019 at 19:39

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a lot of it is what WilliamsSW said, it’s technically a Malaise Era car so they don’t have a ton of inherent value.  Nobody’s really interested in a concourse, “numbers matching” 1975 with a smog-choked engine.  So really anything worth buying would be something someone built up themselves, and at that point their value becomes strictly whatever anyone is willing to pay for it.  

BeaterGT > WilliamsSW 05/29/2019 at 19:41

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I'm thinking there's no floor under that trunk carpet and it's clipped in place or something. 

Berang > Just Jeepin' 05/29/2019 at 19:42

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74 was the first year of 5mph bumpers, and the start of the malaise era. Most collectors consider 73 the last year of "real" cars, with the rest of the 70s being of little interest/value.

Just Jeepin' > gin-san - shitpost specialist 05/29/2019 at 19:42

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If I ever have to sell my LJ I’ll definitely include that fact. 

lone_liberal > WilliamsSW 05/29/2019 at 19:43

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Have you seen the shape of second gen quarter panels? I’d guess about 25 % of them will hold a magnet at this point.

glemon > Just Jeepin' 05/29/2019 at 19:44

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Good comments I generally agree with, but more and more exceptions. Yes, classic car price, especially US car prices, are still taking a major hit from the days of early emission controls and worse looks from bumper safety regs. One of the rare times when cars got worse from most any measure of desirability than their predecessors for a number of years.

If you take the 75 Camaro it isn’t much different than a 70, but the seventy had better looks and chrome bumpers, you can probably make a 75 perform like a 70 or better pretty easily these days, but from a collector s t anpoint the stigma still applies.

Survivor seventies and eighties Honda’s and Toyotas and Z cars and 51 0s are breaking this rule, that is large part these cars were still getting bettter, good cars with good memories. German cars continued to get better or at least suffer less from the problems the American cars had through the early use of fuel injenction, and much better adaptation to required bumper cars than their British import competitors, what was the question again?

Ash78, voting early and often > Just Jeepin' 05/29/2019 at 19:47

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Maybe Indy is full of uppity grammar Nazis who just don’t tolerate the old “ runs good” trope. It really hurts the marketing.

Just Jeepin' > HFV has no HFV. But somehow has 2 motorcycles 05/29/2019 at 19:53

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And for those of us who don’t speak muscle car, that is...?

HFV has no HFV. But somehow has 2 motorcycles > Just Jeepin' 05/29/2019 at 20:02

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A 70-73   Camaro z28.  Commonly referred to as a “split bumper” as it only has two “bumperettes” rather than a full bumper. I think the RS and SS trims also has the split bumper. I’m not Camaro expert but I know the split bumpers are the most valuable 2nd gens. 

WilliamsSW > lone_liberal 05/29/2019 at 20:13

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I think that’s true of most cars that age and up now.

Been crawling under a bunch of 60s-70s cars the last year or two and it seems like 90% are mostly filler right behind the rear wheel (among other places).

WilliamsSW > jimz 05/29/2019 at 20:25

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Good point - a 69 Z-28 damn well better be numbers matching to fetch a high price.

A 1975 Z-28 might  be worth more with a better engine than stock.

glemon > Ash78, voting early and often 05/30/2019 at 03:16

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Hey, if it "runs good" and the "breaks" don't need work it has to be a good deal, right?