It used to be book values from NADA and the like would get you a pretty accurate number, but these days, the delta between what you see in the NADA list and what we see in auctions continues to grow - I think its on average $20k now.

Is it just that book values are slow to update? Assuming a clean car, are people really selling and buying S2000s at these two vastly different price points? Or is it really the effect of a "clean" S vs a ratted out one?

 

I just put my CR in there and NADA was $16,000 and KBB was $26,000 lol. I’m not sure if there’s a blue book that’s actually accurate for our cars but obviously those 2 are irrelevant. A blue book for classic/specialty cars should be made

 

I guess hagerity gave my car $41,000 which is more realistic

 

Well, having sold cars on BAT, I am biased, but I would take that as a more realistic value taking into consideration two things: 1. Condition of the car being sold. 2. Quality of the For Sale Ad/Auction.

The good thing about BAT is that you know that the car actually sold for that price and money changed hands, you can even add the 5% auction fee to get a true price paid.

 

I would never trust a book to be current with the market changing as fast as it has been. When I set the value for my car with Hagerty, I base that value on what I see out on sites like BaT, CarGurus, Autotrader, etc.. Provided that your car is in great shape like most all of the cars that appear there, BaT is a better point of reference as you can point to the actual prices that those cars sold for (as mentioned above, don't forget to include the additional 5% buyers fee to those prices). I'm pretty much forced to sticking with the websites representing cars nationwide as GPW AP2v1 cars are far and few between in my local market these days.

 

Just watched a 2000 with 43k miles sell at Mecum auction for $28,000 today.

My 2005 with under 30k miles is insured for 30k with Grundy. They didn’t question that number or recommend anything different. Could I sell it for that price? I’m not so sure...

 

Based on yours being a single owner, a clean car, and a clean history, $30k is obtainable.

You aren't allowed to sell it though

 

I think a lot of these are based on real transactions and algorithms.

With S2000s there is a relatively low number of transactions which causes variations.

If I ever sell mine, I'll uses websites like this as a guide

 

I think you will need to present the car in perfect condition, fully detailed and paint corrected, etc., and you will likely have to wait a long long time for that kind of money.

 

I was astounded how far off NADA was when I got mine 2 years ago, roughly half what I was willing to pay, and did. I needed a short term loan for cash flow and thought I would finance the whole deal. Had to use cash for the rest. KBB was about right for some reason. I think NADA maybe sticks with late model cars, not nearly 20 year old cars that are appreciating in value, a very rare occurrence in the automotive world.