Kelley Blue Book Classic Car Values
When it comes to properly appraising an old car and getting classic car values, many insurance companies and classic car collectors rely on the Kelley Blue Book values to help them get a good understanding of how much their classic cars are worth.
Keeping in mind that there are a number of factors that go into determining how much a classic car is worth, the blue book value is great for finding a ballpark figure. In fact, every seller who doesn’t have years of experience working with classic cars from America and Europe should have their own copy of the Kelly Blue Book so that they don’t end up selling their automobile for less than it’s worth.
Looking up the current market classic car values on KBB is great for determining whether you want to sell your classic car or not. They cover virtually all makes and models from around the world, including rare and unique cars that didn’t see much action in the North American market. What’s my classic car worth? KBB isn’t your only valuation tool. You should also consider reaching out to an appraiser or serious buyer who will review your vehicle before trying to put it for sale for $XYZ on the market. Appraising classic cars and getting today’s vehicle value is a skill that requires a lot of training, experience, and knowledge, and a professional can look at a number of factors that the untrained eye (or unfamiliar with current market) may miss.
Are classic car values rising or are classic cars losing value? Is my 37 year old car a classic? Classical car prices remained high in 2022, averaging 20% increase in sales and higher prices paid. A shortage in the availability of vintage cars and the growth in HNW individuals helped fuel this market as a whole. A good way of increasing investment income is by collecting classic cars. Most classic car values gain as they become older and rarer.
Experienced valuation experts like NADA and Hagerty provide classic car valuation tools and services. Selecting by Year, Make, Model gets a ballpark estimate. But one size doesn’t fit all. Today’s value is determined analyzing supply and demand, using historical sale prices and current asking prices on available inventory. Keep in mind 70% of classic / antique cars are sold through private party sales, 20% through auctions and 10% through dealerships. No single valuation source can precisely determine a classic car’s value. Comparing results from multiple valuation sources will help determine your value questions.
Your best option when selling is to contact the Alex Manos team for assistance! Their team of friendly professionals have years of experience working with vintage autos from around the world. After a quick review of any submitted images to verify whether your car is authentic and of interest, they will make you a competitive cash offer for your vehicle. The best part about going through Alex Manos is that you don’t have to worry about restoring or repairing your car; they will do all the work for you for a seamless and painless sales process, and will pay to have it shipped to their Los Angeles office from anywhere in the United States.
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WE PAY TOP DOLLAR FOR MANY TYPES OF OLD CARS, RESTORED, PROJECTS & EXOTICS!