Finally got a PCA Valuation |
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Finally got a PCA Valuation |
Bleyseng |
Jan 2 2004, 09:45 PM
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#1
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Aircooled Baby! Group: Members Posts: 13,036 Joined: 27-December 02 From: Seattle, Washington (for now) Member No.: 24 Region Association: Pacific Northwest |
Yep, here it is and kinda interesting....
Geoff Attached image(s) |
JeffBowlsby |
Jan 2 2004, 10:11 PM
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#2
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914 Wiring Harnesses Group: Members Posts: 8,663 Joined: 7-January 03 From: San Ramon CA Member No.: 104 Region Association: None |
I hope you wont take this as a personal attack Geoff...its not meant that way...but I gotta rant on this..
I've seen those PCA valuations before...and never gave them too much merit. What kind of meaningful value comes from looking in Hemmings and newspapers for their advertised prices? Few 914 owners promote their cars in Hemmings...Vintage, collector or just plain old - choose your favorite verb - our cars rarely sell (their true value [what someone else actually pays you for it] for the advertised price. Most cars sell for 65-80 percent of their advertised price because that is their true market value. We all know of cars that sell for vast sums...that would blow the PCA numbers out of alignment. I personally track high value 914s on eBay. The selling prices are of public record and are meaningful. I can show that to my insurance co. with supporting data to show condition if I care to inquire about a particular car enough and its believable . The primary consideration determining the value of our cars is not its year, equipment, color or... Its all about condition. I would like to beleive that most of us would rather have that nice original 70 1.7 for $5500, than a 70 Sixer for $5500 which would be essentially a parts car, and largely incomplete at that. Unless greed sets in...but you cant drive greed... (IMG:style_emoticons/default/wink.gif) Notice there is no photo of a specific car and its mileage, equipment...yada, yada... These PCA valuations may have limited value as one of several tools to help persuade an insurance company of the approximate value of your car if a claim needs to be made, but without a specific statement of value (not a range), there will surely be arguments about what condition [and hence value] is appropriate to your car ... [/rant] |
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