Willymac
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- Mar 14, 2019
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- 2005
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I have car #2 of the 1500 and I had a professional appraisal done on the car. It was appraised at $40,500. My second cashmere, #593 was appraised at $24,500. #2 has only 32K miles and is in great shape. #593 has 63K miles.
I have car #2 of the 1500 and I had a professional appraisal done on the car. It was appraised at $40,500. My second cashmere, #593 was appraised at $24,500. #2 has only 32K miles and is in great shape. #593 has 63K miles.
The windshield full of NY stickers were the clue..Yes, in Long Island.
I Agree, I'm in no rush. It's one of those cars were someone will see it in person, fall in love with it and buy it, I think.Having sold cars my whole life ,I have found asking price and appraisal pricing and finding someone who will buy for that price are not always in cinc. Remember it's only worth what someone is willing to pay for it.
I have car #2 of the 1500 and I had a professional appraisal done, It was appraised at $40,500.
There's no chance that car would ever bring 40 grand. Show me one 2002-2005 that recently sold for more than 25,000. Most of the sold listings on ebay are for under 10 grand and a couple at 13-14k. A 2005 Ford Thunderbird 2dr Convertible 50th Anniversary with only 1,850 original miles sold for 25,000 on Ebay. Had nothing to do with the color, it's the miles. A 2004 also sold for 25,000 on BAT. The fact the two cars have less than 2,000 miles is the only reason they brought that much money. Frankly, I still think 25,000 is too much, but as @BillM said, it's all about what someone will pay. That car got a premium because it is practically brand new.I have car #2 of the 1500 and I had a professional appraisal done on the car. It was appraised at $40,500.
I never use KBB or Edmunds, they're way off. The official guide to car value is NADA. All dealerships use NADA and that is what they go by. To fully appraise a car, they also use the Black Book...which is off limits to everyone except dealerships.
Are you saying that it’s #2 by the VIN or by the glovebox number? Glovebox numbers are well known for being out of order.I have car #2 of the 1500 and I had a professional appraisal done on the car. It was appraised at $40,500. My second cashmere, #593 was appraised at $24,500. #2 has only 32K miles and is in great shape. #593 has 63K miles.
Appraisal for what purpose?
There's no chance that car would ever bring 40 grand. Show me one 2002-2005 that recently sold for more than 25,000. Most of the sold listings on ebay are for under 10 grand and a couple at 13-14k. A 2005 Ford Thunderbird 2dr Convertible 50th Anniversary with only 1,850 original miles sold for 25,000 on Ebay. Had nothing to do with the color, it's the miles. A 2004 also sold for 25,000 on BAT. The fact the two cars have less than 2,000 miles is the only reason they brought that much money. Frankly, I still think 25,000 is too much, but as @BillM said, it's all about what someone will pay. That car got a premium because it is practically brand new.
Your car has 32,000 miles on it, so you would get whatever market value is, which is well under 20,000. Frankly, I think it's hilarious that a "professional appraiser" can claim a car is worth 40 grand when one sold on an international selling platform for 25,000 that is practically brand new. Please note, that this car actually sold. As Rick Harrison of Pawn Stars constantly explains to people, just because someone lists something online doesn't mean it's worth that much. You have to look at completed auctions like this one below.
Also, it doesn't really matter "how rare" the car is either, I.E. only 20 were made with those options, etc.
Would also like to point out that a rare 1999 prototype car also sold for 25,000-
It’s car #2 by the glovebox. I’m not really concerned about it. Just thought it was interesting.Are you saying that it’s #2 by the VIN or by the glovebox number? Glovebox numbers are well known for being out of order.
It's likely the appraiser was paid and wanted his customer to be happy when writing the check. Telling someone what something is worth and actually selling it for that are two different things.I agree that the car would never bring $40,000. I thought it was interesting he put such a high number on it.