What criteria do you use to determine the fair, good, under and over value of a car?
My question acrually pertains to all cars you have listed. I can not seem to find on your website how you arrive at your opinions. Please advise.
Under the "FAQ's" link found on the bottom of the page.....What is the "Instant Market Value"? Put simply, Instant Market Value is the estimated fair retail price for a vehicle based on similar listings in the market. We analyze millions of currently listed and recently sold cars to determine the Instant Market Value for a vehicle based on year, trim, mileage, transmission, options, region and other factors.
I have owned 26 corvettes in my life. So the main thing about good, is a good running engine with average miles, good to nice interior. A straight body with a few small flaws, that I myself could fix. I have bought good 1973's that had some wear, but was OK, to be seen in. I once bought a 1967 convertible with no interior, and no paint. It was found in a body shop that a guy dropped off many years ago that added ZL-1 flares, hand made front flares, 6 tail lights , missing the lights, and shaved front parking lights. A friend bought it to get the speed control from it and sold it to me for $3100, this was back in the '80's. I painted it, put new interior in it, new tail lights. It was a gorgeous customized 67 , red with a big block hood with a white stripe. Everybody in Virginia, and North Carolina loved it. I auto crossed and showed it for 4 years, and later sold it for $14,000. Been sorry ever since. Most of my corvettes were new so I didn't have to do anything to them except add loud exhaust , and lots of chrome under the hood. I owned the very first C-5 , 1997, in Richmond, Va. One of the first 500 unveiled to the public. Sorry , I sold both of these cars.
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