Hagerty's Valuation Tool

champagne612 · 11-16-2011, 05:20 AM

Thought this may be of help for buyers and or sellers.

Step 1: Find a Vehicle

barcheta · 11-16-2011, 07:41 AM

Good post thanks!

Brian · 11-16-2011, 09:18 AM

I think it is a pretty flawed premise. I looked up a few cars at random. For example I looked up a 355 and the average price listed was $30,000. It is hard to find a running 355 for that price. FML shows the same car with an average asking of $59-64k. Just a little difference.

For one thing the Haggerty program seems to average catagory 1,2,3,+4 cars without considering the average condition of the entire fleet of cars. Pretty flawed way to do it from the outset. Even correcting for that they seem way off.

champagne612 · 11-16-2011, 09:52 AM

The low price may be based on auction cars.

A friend was letting his 355 go in nice shape past President of the local club and he could not get a dealer to give him 40k. Red / Tan

Turned it into a wholesaler for 36k - after his California arrived.

I agree though there are some flaws - like no 612 or 430 model.

tazandjan · 11-16-2011, 10:15 AM

Doug- Or Maranellos.

barcheta · 11-16-2011, 11:04 AM

Could be that it's just not a complete listing either.... which is silly considering its a valuation tool.... For example I noticed that there's no listing for 1985 308s... and a 1985 328 had a valuation of about $30K. Then again 1970 Pontiac GTO Ram Air IV Convertible had a valuation of $400K.... crazy.

Dreamer · 11-22-2011, 10:20 PM

I just reviewed the 308 QV valuation and it seems on point...from $28k for condition 4 to $44k for a "no stories" condition 1 is right about where the market is.

champagne612 · 11-23-2011, 05:08 AM

Quote:

Originally Posted by Dreamer

I just reviewed the 308 QV valuation and it seems on point...from $28k for condition 4 to $44k for a "no stories" condition 1 is right about where the market is.

It's a well done instrument - IMO

Just needs some additions but I may not have had the full version.

a1exander · 11-23-2011, 06:35 AM

308's seem to have a proportionately similar value in South Africa and the USA.

A very clean no stories car would fetch roughly ZAR 600 000 to ZAR 700 000.
We are always at twice the USA price here so looking at the top end +- ZAR700 000 converted at ZAR8=$1 that would give us $87 500 divided by 2 =$43 750.

Interesting to see that prices are pretty much "the same" in the F car market.

I wonder if it is the same in Europe?

11-16-2011, 05:20 AM	#1
champagne612 Owner Elite Member Join Date: Sep 2010 Location: St Louis Ferrari Life Posts: 4,629 Name: Doug	Hagerty's Valuation Tool Thought this may be of help for buyers and or sellers. Step 1: Find a Vehicle 612 Nuvolari 16M Grigio Ferro

11-16-2011, 07:41 AM	#2
barcheta Owner Elite Member Join Date: Mar 2004 Location: Maryland Ferrari Life Posts: 1,394 Name: JB	Good post thanks! Current: 85' GTS QV "I don't sell cars, I sell engines. The cars I throw in for free since something has to hold the engine."

11-16-2011, 09:52 AM	#4
champagne612 Owner Elite Member Join Date: Sep 2010 Location: St Louis Ferrari Life Posts: 4,629 Name: Doug	The low price may be based on auction cars. A friend was letting his 355 go in nice shape past President of the local club and he could not get a dealer to give him 40k. Red / Tan Turned it into a wholesaler for 36k - after his California arrived. I agree though there are some flaws - like no 612 or 430 model. 612 Nuvolari 16M Grigio Ferro

11-16-2011, 10:15 AM	#5
tazandjan Owner Elite Member Join Date: Aug 2011 Location: Albuquerque, NM Ferrari Life Posts: 3,592 Name: Terry H Phillips	Doug- Or Maranellos. Taz Terry Phillips Present: 575M 135171 Past: Dino 246 GT 02984, 365 GTB/4 14009, 308 GTS 25125 Every day I look around, and if nobody is shooting at me, it is a pretty good day.

11-16-2011, 11:04 AM	#6
barcheta Owner Elite Member Join Date: Mar 2004 Location: Maryland Ferrari Life Posts: 1,394 Name: JB	Could be that it's just not a complete listing either.... which is silly considering its a valuation tool.... For example I noticed that there's no listing for 1985 308s... and a 1985 328 had a valuation of about $30K. Then again 1970 Pontiac GTO Ram Air IV Convertible had a valuation of $400K.... crazy. Current: 85' GTS QV "I don't sell cars, I sell engines. The cars I throw in for free since something has to hold the engine."

11-16-2011, 09:18 AM	#3
Brian Owner Elite Member Join Date: Jul 2005 Location: Northern California Ferrari Life Posts: 859 Name: Brian Crall	I think it is a pretty flawed premise. I looked up a few cars at random. For example I looked up a 355 and the average price listed was $30,000. It is hard to find a running 355 for that price. FML shows the same car with an average asking of $59-64k. Just a little difference. For one thing the Haggerty program seems to average catagory 1,2,3,+4 cars without considering the average condition of the entire fleet of cars. Pretty flawed way to do it from the outset. Even correcting for that they seem way off.

11-22-2011, 10:20 PM	#7
Dreamer Owner Join Date: Jun 2004 Ferrari Life Posts: 7	I just reviewed the 308 QV valuation and it seems on point...from $28k for condition 4 to $44k for a "no stories" condition 1 is right about where the market is.

11-23-2011, 06:35 AM	#9
a1exander Owner Elite Member Join Date: Jul 2010 Location: Johannesburg RSA Ferrari Life Posts: 768 Name: Peter	308's seem to have a proportionately similar value in South Africa and the USA. A very clean no stories car would fetch roughly ZAR 600 000 to ZAR 700 000. We are always at twice the USA price here so looking at the top end +- ZAR700 000 converted at ZAR8=$1 that would give us $87 500 divided by 2 =$43 750. Interesting to see that prices are pretty much "the same" in the F car market. I wonder if it is the same in Europe?

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