Re: IML: Price guides

["Greg and Russell" <65luxuryliner@xxxxxxxxxxxxx>]

Gee, I always thought the prices in those guides (especially Old Cars Price 
Guide) were determined (at least in part) on what cars have sold for at 
auctions around the country.  I am not necessarily referring to the infamous 
Barrett-Jackson auction but to lesser auctions whose results are published 
in Old Cars Weekly.  I remember trying to buy another make about a year ago 
from a fellow in CA.  He had it priced a little too high for the car's 
condition and I was able to talk him down about $1,100-$1,200.  The selling 
price was more in line with the cars condition and corresponded with the 
price in Old Cars Price Guide for a car in that condition.  A car in the 
same condition in CPI was a lot lower and there was no way that old geezer 
was going to part with that rare car for what CPI stated it was worth.

The fellow on the other list who thinks CPI is more in line with reality 
than OCPG stated the values in CPI are based on the black book values.  I 
recently had two of my cars in my collection professionally appraised and 
the appraiser used OCPG in establishing the value once he was able to 
determine the cars conditions.  Is OCPG more widely used and accepted 
(generally speaking) than other guides?  I understand some cars are so rare 
or unusual that no guide will have a value that is accurate.  But for a 
domestic car that was not low production (for example, say a '65 Buick 
LeSabre 4dht), would the OCPG be the best guide to consult?  The CPI values 
are sooooooooo low as compared to the OCPG values.

Greg McDonnell

----- Original Message ----- 
From: "H B" <HBFromTN@xxxxxxxxx>
To: <mailing-list@xxxxxxxxxxxxxxxx>
Sent: Tuesday, December 14, 2004 6:01 AM
Subject: Re: IML: Price guides


> Hello,
>  I believe that even the old car price guide is low on lots of cars.I
> buy and sell them and I throw the price guide out on alot of classics
> and mopars.alot of times We are getting twice what the price guide says.
>               Helen
>               61 Green Imperial
>
>
>
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