Here is one interpretation of price condition, from "Collector Car Market Review"
"#4 Fair: runs and drives OK but needs work throughout the vehicle. Body shows signs of wear or previous restoration work. Any rust should be minimal and not in any structural areas. Cosmetics, body, and mechanics all need work to some degree.
#5 Poor: In need of complete restoration, but is complete and not a rust bucket beyond repair. May or may not run. Not roadworthy.
Parts or Salvage: Incomplete vehicle most useful for parts. Generally, take 50-60% of the #5 value."
Gary H.
... I wasn't aware that Hagerty's had
> that valuation tool so for the heck of it I ran all ours through it, and
> feel like it is pretty optimistic. For example, our daily driver '65
> Barracuda entered as a #4 was about $6500, I just don't see that unless
> I'm totally off on what a 4 is. I don't think it is a 5, because
> although rough around the edges, I can get in, fire it up, and drive
> anywhere anytime. Maybe I'm the one who is
optimistic condition wise....
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