true value of our stock

[Lindsay36551]

Ok , I have had 2 reputable firms in to appraise my vehicles both have come up with 16k to 23k figures on my stock!
What are the real numbers?

[Lindsay36551]

Am I putting to much back in to them at this time to get just rewards?
Let me know what you think!

[Fil Bonica]

A couple of thoughts,

Appraisers really dont understand military vehicles and their value:
Your cost to purchase and repair was to high
True value can only be determned by what some one will pay not what you want.

Fil Bonica

[JeepMagician]

I understand the need for a monetary value,


however I have always looked at he MV markets value in experience rather than figures. To me wrenching on a 41 Scout car and then getting to drive it is just worth alot more to me than if I had just bought it and took it for a spin.

[rickf]

You have to realize that hobby vehicles are not investments. You will never, ever get out of them what you put into them. That is a pretty well known fact. These are M-151's, Not GPW's so you are not going to see anywhere near the prices you see from the WWII stuff and even that is dropping. And another thing to consider is that you are asking very top dollar and if you are going to ask that kind of money then everything on the vehicle HAS to be correct. Yours is far from it. I have made it my policy from the beginning of this forum not to comment on someones pricing on a vehicle for sale unless asked to do so directly by them. I feel it is bad for anyone do put down a vehicle for sale because there is always someone out there that will pay the price. I am guilty of doing this in the past I know, once the bandwagon starts playing everybody jumps in.

[on-to-berlin]

I think that is the toughtest questions to ask. Personally I think there are more facts to take into consideration except pure investment of new parts etc. For example for me it is also imortant where a vehicle comes from. So I am always taking history of it into consideration and not how well they are restored etc. Most of my toys look very very worn. But that is totally personally.
On the other hand it is also subject to the market. Here in Germany we always had 5-10 Mutts for sale about 5 years ago on internet plattforms. Each of them under 10.000 Euros. Now it is a totally different story. There are still cars for sale but mostly restored starting from 13.000 Euros even going up to 25.000. So things have changed. Not saying that these people sell their cars for that amount of money. But you can see the demand is rising and prices also. To which level it is always a personal matter. Of you want one you most likely pay the price....

[rickf]

There are several ways to sell a vehicle. The smart way and the desperate way. The smart buyers are watching for the desperate sellers. They are the ones that list a vehicle at a high price and then no more than a month later they are lowering the price. Now they have the interest of the smart buyers. These guys will watch to see how fast the price drops. The faster it drops the more they know that either it is a piece of junk OR the buyer is desperate to get rid of it which means they are going to wait him out. It just becomes a waiting game until one of the buyers jumps. The Smart seller is a guy who is in no hurry to sell the vehicle. It can sit for a couple years for all he cares. That is the vehicle that is going to bring a decent price assuming it is in good condition. There is always someone out there that wants a good looking vehicle that does not care or know about the fine points of correctness. That is the person you are looking for if you have a really nice looking vehicle but it is not exactly perfect in detail. You cannot be in a hurry or show that you need to sell now. The vultures will be hovering.

And, Markets for classics go up and down. The military vehicle market tanked the last few years and is starting to come back but it is nowhere near what it was ten years ago. As other vehicles get priced out of the common mans market then the military vehicles will become more desirable. It is now the hot rods of the 60-70 that have gone through the roof. Cars I sold for 2 thousand dollars in the 90's are bringing 70-90 thousand now!!! What I wouldn't give to have my 68 396 Nova or my 71 402 Chevelle again!!!

[m3a1]

Now is also a good time to add that there appears to be a premium time of the year to buy and sell in the U.S. and that is around tax time. During that time you are going to find motivated sellers and motivated buyers. Since our vehicles are worth only what someone is willing to pay it's good to sell when people are noticeably more motivated.

In the seller category are people who are finding themselves in need of tax money. They are motivated to sell and they won't be selling nickle-drime stuff; for them it's usually a car or truck (which might also include former military vehicles) and as was pointed out, they'll be highly motivated sellers because they're behind the eight ball, so to speak....because the tax man cometh!

Also in the seller category are people who are transitioning to become buyers. They are the people who are expecting to receive an income tax return and they want to sell something in order to couple that money with their return, (sometimes) for the purpose of becoming a buyer. They are a little less motivated to sell but if the right person comes along who can help them meet their financial goal, sell they will.

And finally, there are the people who are strictly in the buyer category. These are the people who have received a bit of a windfall from their income tax return. They'll be looking for a motivated seller and likely as not, they'll come at you as a cash buyer.

So "tax time" is a good time for both sellers and buyers because it's the time when money starts changing hands.

Cheers,
TJ

[Surveyor]

and Christmas bonus time, if a good year!

[halftracknut]

the way I see it...real rusty cut $....rusty cut $$....nice cut $$$....super nice cut $$$$....real rusty uncut $$....rusty uncut $$$....decent uncut $$$$....real nice $$$$$....one like mine $$$$$$$$$$

[rickf]

That wouldn't be the one you STOLE from me you are talking about is it?

[halftracknut]

Rick, Have a happy thanksgiving and dream of the one that got away....

[rickf]

Yea, yea. That was a marathon road trip that probably rivaled anything you did in your teens! You remember those years don't you? Kinda, partially,through he foggy haze of what we did as teens.