Whats up with car values

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dragrazor

Active Member
Joined
Jan 25, 2012
Messages
666
I have been wondering what is up with our car values for the past few years. I am a car guy but have owned mustangs mostly in the past. I bought my 1987 GN about two years ago with the intentions of keeping her for a long time. That being said, when i began my search for one, i looked at nada and saw how much it said our cars were worth. The listed links have our cars valued at much higher than what they are selling for. Am i missing something? They are selling for significantly less. I have seen other collector cars selling for more than nada says they are worth. Shouldn't they be selling for more? I did not buy my car as an investment, i love my car and do not see myself selling it but it would be nice to see them gain value as they should being collector cars. Attached are two links:

http://www.nadaguides.com/Classic-Cars/1987/Buick/Regal/2-Door-Coupe-Grand-National/Values

https://www.hagerty.com/valuationtools/HVT/VehicleSearch/Report?vc=1332709

Opinions?
 
I've noticed that 87 GN values have not changed all that much in 20 years. Its somewhat odd but eventually the price will come up. My guess is part of the reason is that quite a few 87GNs were made. In addition to the GN there were NON GN TR's too. Somewhere near 20,000 GNs punched out in 87. compared to the older muscle cars, many of the 60's and 70's were limited in production- look at 1970 GS production numbers. GS455 converts- about 1200, 71 GS 350 convert, about 600, now from them add up the Stage ones, GSXs- well under 1000 each. Part of the problem is there were a lot of GN's made. Another possible reason the values have been stable for so long is that the GN is an 1980's box car. As cool as the GN is, and I love mine exactly the way it is, its not exactly "classic" appearing. It looks bad, fast and cool, its a special taste, almost an acquired taste. I bought mine 21 tears ago only because I took a curiosity test ride and was blown away by it performance out of the box. The acceleration curve is very different than a carbureted v8. Its just plan different and I had to have one and I still have it. Had it longer than any other musclecar. Its an acquired taste, almost like a good bourbon.
 
Look at the bright side banks will loan $$ on them.. How many 80's cars can u borrow 10 or 15k on.

Posted from the TurboBuick.Com mobile app
 
These cars will never lose there value ever .. Only when the economy's bad some jump ship but true owners stay true the cars were always popular they will only become more in the future... My opinion
 
Look at the bright side banks will loan $$ on them.. How many 80's cars can u borrow 10 or 15k on.

Posted from the TurboBuick.Com mobile app
Precisely! I just took a loan out on the one I just bought. Based on the NADA values, loan process was a breeze. Also, look at the ones selling on EBay and local Autofairs. People who want these cars will pay for a nice TB. Problem is that there are not many of us with TB's on the top of their list. Maybe that is how it should be.


Mike

Sent from my iPhone using Tapatalk
 
Precisely! I just took a loan out on the one I just bought. Based on the NADA values, loan process was a breeze. Also, look at the ones selling on EBay and local Autofairs. People who want these cars will pay for a nice TB. Problem is that there are not many of us with TB's on the top of their list. Maybe that is how it should be.


Mike

Sent from my iPhone using Tapatalk
Yep some nice ones sell on here but the people pay nice $$ for them is the ones that has never had one and always wanted one. If it fast and clean and they want they will buy.

Posted from the TurboBuick.Com mobile app
 
Yep some nice ones sell on here but the people pay nice $$ for them is the ones that has never had one and always wanted one. If it fast and clean and they want they will buy.

Posted from the TurboBuick.Com mobile app
Hopefully there is not a the flip side! The next generations. Little bastards won't know what these cars means to all of us.


Mike

Sent from my iPhone using Tapatalk
 
Hopefully there is not a the flip side! The next generations. Little bastards won't know what these cars means to all of us.


Mike





That is exactly why we have to go out on the streets and pulverize all the little imports that they seem to love so the next generation will remember. I am tired of seeing all the Hondas with freakin wings on the trunk lid. I pulled up along side one a while back and asked him if his honda was fast and he said NO. I ask why he had a wing on it. He said he thinks the wing looks cool. I did my part for the cause when the light turned green. He was left there to smell burnt alky and tire smoke. I wander if he still thinks his wing is cool?
 
I'm a die hard Mopar guy, but grew up driving GM's. Had big block Dodges & Plymouths and to this day love them.... But I wanted something I could drive and have fun with that wasn't worth 40-50k. I bought mine right, and have had to overhaul the whole drive train. The only thing I don't like about it is the t tops... But like TBs, its an acquired taste. The next owner will be that guy who always wanted a t top car ;)

The value is only what someone is willing to pay for it. NADA has skewed numbers for values IMO. If you really want to get a "value" on your car, get an appraisal. An appraisal doesn't mean that's what you will get for it if you sell it, but it gives you a 3rd party opinion and a number where to start.

These auctions like Barrett Jackson change peoples chemical balance because they're selling cars for ridiculous amounts of money. Just because a GNX sold for 100k doesn't mean your beat up, oil burning, paint flaking GN is worth half.


Just my two wooden nickles.
 
I think a lot of people "think" their car is a lot nicer than it really is. If you look at what actually sold and what it was you'd see that the nada prices are closer than some might think. Try and find a less than 5000 mile original documented one owner GN for under $30000.
 
I think a lot of people "think" their car is a lot nicer than it really is. If you look at what actually sold and what it was you'd see that the nada prices are closer than some might think. Try and find a less than 5000 mile original documented one owner GN for under $30000.

A low mile show piece is a lot different from a car that gets driven, but I agree with you as I think what you're getting at is that people see a car that's been kept in a bubble its whole life sell for big bucks, and think the one they got in the back yard covered in dust & birdshit is worth the same money.
 
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