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What is my car worth?

�What someone else will pay for it.� There is a difference between asking price and selling price. In most cases cars sell for hundreds or even thousands less than the asking price. There are publications which will list prices. Many use a numbered car rating system. For each price given, percentage amounts are added or subtracted depending on options. One publication is �N.A.D.A.� It uses a low/average/high value range. There are other publications as well. However, these prices cannot account for �appeal� of particular models. Colors, engine options, and transmissions can have a huge impact on a car�s desirability. You may have the rarest model because no one ordered a car that stripped down, and that rarity will not equate to value. On the other hand, a red car is common, but also very desirable. Use the guides as a first cut at value, then honestly appraise the condition and the desirability of its features. Remember that if it was so desirable, you would not be selling it!

How can I determine the condition of my car?

Collector Car & Truck Prices magazine gives one of the best ways to rate a car:

#1 - Excellent: A close to perfect original or a very well restored vehicle. Generally a body-off restoration, but a well done body-on restoration that has been fully detailed may qualify. The vehicle is stunning to look at and any flaws are trivial and not readily apparent. Everything works as new. All equipment is original, NOS, or excellent quality reproductions. (Very few cars meet this standard -- none that are regularly driven.)

#2 - Very Good: An extremely presentable vehicle showing minimal wear, or a well restored vehicle. Runs and drives smooth and tight. Needs no mechanical or cosmetic work. All areas (chassis not required) have been detailed. Beautiful to look at but clearly below a #1 vehicle. (A car driven only on the best of days. At others times it is garage kept and covered.)

#3 - Good: Presentable inside and out with some signs of wear. Not detailed, but very clean. Body should be straight and solid with no rust-through anywhere. Shiny, attractive paint but may have evidence of minor fading or checking or other imperfections. Runs and drives well. May need some minor mechanical or cosmetic work but is fully usable and enjoyable as is. (A car that is driven, but well taken care of.)

#4 - Fair: Runs and drives okay, 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. (This is the typical driver car.)

#5 - Poor: In need of complete restoration, but is complete and not a rust bucket beyond repair. May or may not run and drive. Not roadworthy. (This is a driver car that is no longer being driven and has been allowed to sit outside.)

#6 - Parts or Salvage: Incomplete vehicle most useful for parts. Generally, take 40-50% of the #5 value. (This is a car that is not economically feasible to be restored.)

Here are some approximate market values for 1971 models:

Condition

6

5

4

3

2

1

302 cubic inch V8 code "F"

Torino

 

 

 

 

 

 

2-dr Hdtp

300

750

1250

2500

4400

6200

Torino 500

 

 

 

 

 

 

2-dr Hdtp Cpe

400

1100

1800

3500

6100

8900

2-dr Fstbk Cpe

400

1150

1850

3700

6400

9300

Torino Brougham/GT/Cobra

 

 

 

 

 

 

2-dr Brghm Hdtp

350

900

1500

2900

5200

7400

2-dr GT Spt Cpe

500

1350

2350

4700

8100

11500

2-dr GT Conv

700

1900

3400

6800

11700

16900

 

351 cubic inch V8 code "H"

Torino

 

 

 

 

 

 

2-dr Hdtp

350

850

1400

2800

4900

7100

Torino 500

 

 

 

 

 

 

2-dr Hdtp Cpe

400

1200

1900

3800

6600

9600

2-dr Fstbk Cpe

400

1200

2000

4000

6900

10000

Torino Brougham/GT/Cobra

 

 

 

 

 

 

2-dr Brghm Hdtp

350

1000

1600

3200

5700

8100

2-dr GT Spt Cpe

550

1500

2500

5000

8700

12300

2-dr GT Conv

750

2100

3550

7100

12300

17700

 

351 cubic inch V8 code "Q"

Torino

 

 

 

 

 

 

2-dr Hdtp

350

1000

1600

3200

5700

8100

Torino 500

 

 

 

 

 

 

2-dr Hdtp Cpe

450

1250

2100

4200

7200

10500

2-dr Fstbk Cpe

450

1250

2200

4400

7600

10900

Torino Brougham/GT/Cobra

 

 

 

 

 

 

2-dr Brghm Hdtp

400

1100

1800

3600

6200

9100

2-dr GT Spt Cpe

600

1600

2700

5400

9300

13500

2-dr GT Conv

750

2250

3750

7500

13000

18700

2-dr Cobra Hdtp

900

2800

4700

9400

16500

23400

 

 

 

 

 

 

 

429 cubic inch V8 code "N"

Torino

 

 

 

 

 

 

2-dr Hdtp

650

1700

3000

6000

10400

14900

Torino 500

 

 

 

 

 

 

2-dr Hdtp Cpe

700

2050

3500

7000

12100

17400

2-dr Fstbk Cpe

750

2150

3600

7200

12400

18000

Torino Brougham/GT/Cobra

 

 

 

 

 

 

2-dr Brghm Hdtp

650

1800

3200

6400

11000

15900

2-dr GT Spt Cpe

800

2450

4100

8200

14400

20500

2-dr GT Conv

950

3050

5150

10300

18200

25700

2-dr Cobra Hdtp

1150

3650

6100

12200

12500

30500

 

 

 

 

 

 

 

Factory Air add $500

Power Windows add $100

4-speed Manual add $750

 

  

 

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This page was last edited on 26 July 2007.