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Australian Falcons Discuss the australian born and bred models here. Includes the 80's 90's and present day Falcons offered by Ford Oz.

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Old 10-07-2004, 17:34   #1 (permalink)
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Red Book price guide

Does anybody actually go by what the reb book says

For instance:

The 1975 xb GT hardtop manual is listed for between 8,300 to 10,100. In my experience this is closer to 20k for a good one.

Or a 1977 Fairmont GXL 5.8L 4spd man. Red book list them for between 1k ans 2,300. You wont get a good XC GXL for under 6k. More like 10k for a real nice example.

or a 1971 XY GT. 35,100 to 45,800.

They reckon their prices are based on extensive research.
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Old 10-07-2004, 17:36   #2 (permalink)
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Re: Red Book price guide

I think the older a car gets, the more redbook just does a few depreciation calculations and talks out of its arse. It is fairly accuarate with relatively new vehicles but as time goes by, they seem to lose the plot.
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Old 10-07-2004, 17:41   #3 (permalink)
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Re: Red Book price guide

check out this link for an xc GS in nice condition. He wants 10k for it.xc gs for sale...check it out
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Old 10-07-2004, 17:47   #4 (permalink)
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Re: Red Book price guide

Yeah, the valuers who maintain the figures really should have a look at what's going on in the market place. I wouldnt believe any of the prices they quote for cars more than a few years old, especially cars that are a bit out of the ordinary, the prices quoted in my experience are always cheap.
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Old 10-07-2004, 18:20   #5 (permalink)
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Re: Red Book price guide

Quote:
Originally Posted by barnesey
Yeah, the valuers who maintain the figures really should have a look at what's going on in the market place. I wouldnt believe any of the prices they quote for cars more than a few years old, especially cars that are a bit out of the ordinary, the prices quoted in my experience are always cheap.
Isn't the red book catered more for traders too? which would account for most prices being fairly pessimistic. I found their figures on classic falcons a bit of a joke. Unique Cars price list is a lot more accurate.
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Old 10-07-2004, 18:22   #6 (permalink)
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Re: Red Book price guide

The Red Book and Glass's Guide are designed primarily for trade use.The mainstream motor trade is not interested in "old cars" and published values for these are always conservative.That is why you won't see many of these collector type cars getting traded in.The owners will usually get more by selling them privately.
It also helps the car dealer because if they use a conservative value on an old trade in they usually don't get stuck with it.
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Old 10-07-2004, 23:56   #7 (permalink)
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Re: Red Book price guide

i would use red book as an indication only. seeing for yourself and negotiating with the seller is a TRUE indication of value to you.
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Old 10-12-2004, 00:31   #8 (permalink)
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Re: Red Book price guide

A few years back they had a Bolwell Nagari valued at around $5000. These things cost $30 to $40 K.
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Old 10-13-2004, 04:20   #9 (permalink)
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Re: Red Book price guide

a car is worth what a buyer will pay.
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Old 10-13-2004, 04:25   #10 (permalink)
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Re: Red Book price guide

Quote:
Originally Posted by conordec
a car is worth what a buyer will pay.

also how low the seller is willing to go
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