Any 68-C owners with a recent appraisal or sale? Need some comps

[Oldbluoval]

It’s hard to appraise (or comp) a car BEFORE an accident unless someone (third party, unrelated) was familiar with it and knowledgeable saw it. …and can/will attest.
Being a collector car is even harder.. they go from junk to jewels.
Wonder what the agreed upon value with the owners insurance is?
That may be what they’re stuck on…even if the other party pays.

[ronn]

well, I did ask about his insurance......mums the word.

[Oldbluoval]

Sorry Ronn …
Around here the difference is way more than that
Like quality of B & C ….C will bring $10k more. B not easily attracting buyers unless big bargain
Just my experience ….but it doesn’t matter. Ins will low ball and that will be that.

[ronn]

Bill, you are def the expert on these. All I have seen is falling sales on cabs in the last 8 yrs or so. I bought my c for 2500. more then my B and would call them about equal in condition. My cars are ONLY drivers and wouldnt win any shows, but they were dam cheap........... and what I wtd.

[BRENT in 10-uh-C]

Originally Posted by ronn

true Bill, but you need comps

adjustments can be made, same as house appraisal.

I have both a B and C and the difference may be 5k for # 3 cars.

Ronn, that is fine for hypotheticals but appraisals without actual proof is only a form of guessing. When the vehicle is being 'appraised' by the one that is paying the money, the likelihood of the 'adjustments' being made in the favor of the Payee are not very strong IMHO.


One other point to make in this, due to no fault whatsoever by the car owner, this Cabriolet was damaged. Now IMO, it is the neighbor's responsibility to return this vehicle back to an equal condition that this vehicle was in 5 seconds prior to that neighbor's vehicle being driven thru the garage door and striking this vehicle. The neighbor's insurance company sent an adjuster to view the Cabriolet's damage and take pictures. (It is worth noting the insurance company did not have a qualified adjuster in the Cabriolet owner's area yet refused to compensate for the vehicle being transported to a shop 250 miles away.) The insurance company's adjuster that did inspect the Cabriolet's damage asked me to provide the estimate for them.

My two points are;
1st; The Insurance Company apparently is shunning their responsibility to correct the damage their Insured caused by not repairing the Cabriolet to a level equal to what it was moments prior to the crash. Instead, the insurance company is wanting to pay substantially less than the repair costs in what arguably is an effort to take financial advantage of the Cabriolet owner.

2nd; ...and I find it ironic that this insurance company does not have the ability to write an accurate estimate for the repairs of the Cabriolet, yet they supposedly do have the ability to establish the Cabriolet's value based on adjustments to what they perceive as comparable vehicles.


Ronn, this in a nutshell is why more substantial proof in the form of other 68C comparables is so important, and not having values produced by biased hypothetical adjustments being made.

[BRENT in 10-uh-C]

Sponsored Links (Register now to hide all advertisements)

Originally Posted by ronn

Bill, you are def the expert on these. All I have seen is falling sales on cabs in the last 8 yrs or so. I bought my c for 2500. more then my B and would call them about equal in condition. My cars are ONLY drivers and wouldnt win any shows, but they were dam cheap........... and what I wtd.

Ronn, the reason you and many others are seeing falling prices on Cabriolets (-or other bodystyles for that matter) is because the mindset for the typical hobbyist during the past 2-3 decades is to run them into the ground without any maintenance or restoration work, ...and then sell them when they become unreliable. The really nice Model-As rarely make it onto the open market as there is always someone waiting in line to purchase nice Model-As.

It should also be said that when the good ones do come onto the open market, the 'experts' both here and on social media tend to rant about how the owner has over-priced it and is asking unrealistic prices.

[WHN]

Originally Posted by BRENT in 10-uh-C

Ronn, the reason you and many others are seeing falling prices on Cabriolets (-or other bodystyles for that matter) is because the mindset for the typical hobbyist during the past 2-3 decades is to run them into the ground without any maintenance or restoration work, ...and then sell them when they become unreliable. The really nice Model-As rarely make it onto the open market as there is always someone waiting in line to purchase nice Model-As.

It should also be said that when the good ones do come onto the open market, the 'experts' both here and on social media tend to rant about how the owner has over-priced it and is asking unrealistic prices.

GREAT!

This covers a lot of what has been talked about over many years here.

I have never owned what would be considered a restored Model A. Just very well maintained original cars. Taken care of by professional Old Ford mechanics.

Never had a problem selling when the time came. Never had a problem getting the price I was asking.

[shaefer]

You're correct about it being in the fall. There was a long delay because our area was devastated by hurrican helene 2 days before I was supposed to ship it up. It was a couple of weeks before a trailer could even get to the garage where the car was stored. As it turns out, I'm an attorney but even I take your point and have in fact consulted with some fellow attorneys about what my next steps need to be. All say I need to see about comps or else, as many others have pointed out, getting expert appraisals of my vehicle as a counterpoint to theirs. I'm here for the long run if I have to be, that's for certain.

[shaefer]

Yes, Brent. And thank you. Your continued advice means a lot to me.

[shaefer]

Apologies, I've been travelling until today. Sparing the details of two other significant insurance claims related to storm damage, my agent has advised against making a claim to my insurance to cover the difference where doing so would have the very real potential of causing our policy to be canceled or our rates increasingly significantly enough to more than make up the difference over the period before the rates could come back down. Suffice it to say, my insurance has not yet been involved and I don't plan to involve them unless absolutely necessary.

[shaefer]

Currently we're stuck on the other party's insurance failing to provide an adequate valuation report. One was based on Roadsters, the other was based on a 68-C with significant rust and missing and mismatched parts, very different from mine. The insurance company even agreed on both points and have stated that they will provide an updated report but to date none has been produced. I waited 60 days between the first and the second, so no telling how long they plan to take with respect to a third but rest assured I'm no longer feeling very generous as far as giving them the benefit of the doubt. I do want them to have time to handle it appropriately, but so far they don't seem motivated to do that. I hope I am wrong.

[shaefer]

No, I drive too many miles. At least I did. I am definitely switching to that after all this.
I'll just have to drive it less. In it's day it spent 3 years as may dad's only car and 2 years as my only car. I drove it everywhere for everything. Talk about reliable! Since moving firms my new office is farther from home and gets me into far more congested traffic, so I've driven significantly less in the last year and some change.

[shaefer]

Replied to some other posts about my insurance. Our agent is close family friend and he's been helpful throughout this process, but because of storm related claims and the virtual guarantee that our premiums would go up significantly if we have another substantial claim, he's advised that we not let Cincinnati subrogate the claim unless we absolutely have to. I've reviewed the relevant documents and verified his advice.

[ronn]

Well Brent,
nobody better to help shaefer then you. The question originally asked on the forum, seemed to want listings of other 68cs and yes, Ive done housing appraisal and when something is rare, adjustments can and need to be made to other similar vehicles.
As Bill points out, I showed a 68B, but one could argue it is a far closer comparison then that of the insurance cos comps of roadsters........


just sayin for a friend. lol

[Brad in Germany]

[SIZE="3"]Here's the link to a nice looking 68C for sale online. They're asking $37,500:



https://www.significantcars.com/vehi...el-a-cabriolet

Brad in Maryland

PS: I have no affiliation with that car or seller......just found it while surfing around.

[31 Woody]

Just screen shot’d this on Hagerty’s valuation site just now. If you are a Drivers Club member you can look up other condition values (such as 1 and 2’s).

If the insurance company isn’t paying, go through your own and point them in the direction of the responsible party. Subrogation will get it done as long as you can prove liability with the other party.

[31 Woody]

I figured out I am actually a Drivers Club member, so I went in and ran the reports for 30 and 31 Cabriolets. Not sure I fully agree with the values given the popularity of the C, but since I have a B, go B’s!

The other place to look for comps—the ads in The Restorer and Model A News.

[Oldbluoval]

One on eBay right now $37,500.
Looks middle of the pack to me

[ronn]

IF IT SELLS, THEN YOU HAVE A COMP. IF NOT, THEN YOU HAVE NOTHING.


iLL BET ANYONE A 100. BILL THAT IT HAS NO BIDS............


sorry bout the caps!


and that dealer, tends to be on the high side of things, considering the car has many inequities..........

[Bud]

I have seen the eBay car in question personally. I agree with ronn. That car has been shopped on various sites at least 5 to 6 times in the last 5 years with no takers. The owner just increased the price at the first of the year.