Hagerty's Valuation Tool - Ferrari Life
 
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post #1 of 9 Old 11-16-2011, 05:20 AM Thread Starter
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Hagerty's Valuation Tool

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

Step 1: Find a Vehicle
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post #2 of 9 Old 11-16-2011, 07:41 AM
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Good post thanks!

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post #3 of 9 Old 11-16-2011, 09:18 AM
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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.
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post #4 of 9 Old 11-16-2011, 09:52 AM Thread Starter
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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.
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post #5 of 9 Old 11-16-2011, 10:15 AM
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post #6 of 9 Old 11-16-2011, 11:04 AM
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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.

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post #7 of 9 Old 11-22-2011, 10:20 PM
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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.
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post #8 of 9 Old 11-23-2011, 05:08 AM Thread Starter
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Quote:
Originally Posted by Dreamer View Post
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.
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post #9 of 9 Old 11-23-2011, 06:35 AM
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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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