How much should I ask?
#1
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Hello everyone, I've owned my beloved XKR Victory for a little over a year now but my current financial situation is not looking good and I'm not sure I would be able to keep her. I have two other daily driver's but insurance costs as well as storage fees are creeping up really fast. Anyways, I wanted to know how much should I ask for her and any other advice you may have.
She has about 100K miles and a theft recovery history. Everything works and I will let you guys be the judge on her condition.
She has about 100K miles and a theft recovery history. Everything works and I will let you guys be the judge on her condition.
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On the west coast with an "iffy" mileage history I would say $12,000 max. In California any theft recovery would have a branded salvage title and the mileage issue would show up on a CARFAX further lowering it's value. I doubt in our lifetime, this car would attain a "classic" status. I like the car, the mileage issue would not bother me personally and I would take advantage of the lesser value because of the iffy history. Do an EDMUNDS.com valuation and subtract 20 to 30% IMO.
#6
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When People stop buying "me too" classic cars, they will be looking for something like this.
I never thought my '71 cuda340 convert would ever be worth more than $12K, then one day someone offered me $36K (and jumped on it in a heartbeat) and If I had held onto it, two years later I could have sold it for $75K.
Car people see value in having something "different". '71 Cuda's are terrible cars (I drove one daily, I would know). Making them without a roof made them even worse, but you cannot deny the visual appeal, which is why people pay stupid money for things.
Last edited by Ungn; 11-13-2016 at 02:56 PM.
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There are no comparables with a rebuilt title, so it's a hard question. Most people that are looking at that type of car are looking for a collectible, but a rebuilt is not collectible.
I would also say anywhere from 10k-14k. You would also need to find a buyer willing to risk buying a rebuilt. I would eBay it and see how much it brings in, you need a much bigger net than the local market in Miami.
I would also say anywhere from 10k-14k. You would also need to find a buyer willing to risk buying a rebuilt. I would eBay it and see how much it brings in, you need a much bigger net than the local market in Miami.
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