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I don't believe Edmonds is very accurate at all, especially for older cars. Pricing, much like other things in life, is relative to supply and demand in a given area. As our cars get older, fine examples will get harder and harder to find, especially locally. Well some areas will have more than others, ex California always seems to have more Z's available for sale at a given time than WA. Further, some buyers will want certain colors or options and as the years go by this too will impact value, especially for those options that were more limited in production run than others. Here's a few sources I've found helpful. Hagerty value tool. Posted about this the other day. They appear to show flat values since they started collecting data but recently in Aug of 2012 values for fine examples for a Z car have begun to climb, especially for turbo versions. What is interesting about this valuation is there is not mention of mileage being a factor. I'm sure it can still matter to many buyers and sellers but at some point maybe cars get just old, but the more rare they may be mileage may not matter so much as long as it is in wonderful shape. As supply gets lower and demand raises so does pricing. Hagerty Tool Also check out closed sale ads via ebay. However, keep in mind often times you'll see the same car sold twice or even several times, I think because many people bid on a car and never intend to pay or cant for some reason, so the seller relists the car. So it's better to pay attention to each individual sale vs the total numbers as they can be off because of multiple same car closed sales. If you take the sold date of a particular car you can click the archive link and find the date the car was sold, then find the car which usually will provide you with the auction details including the description. The other important note is I would think many buying cars on ebay more often are not local buyers and therefore likely figure in shipping costs. So some of these cars may have sold for slightly less than what they could have sold for if sold to a local buyer...maybe. ebay closed sales You might also want to check in with local banks. Often they have their own resource for placing a value on a car for loan purposes. This of course is going to be harder to use if both seller and buyer find value in many aftermarket upgrades to the car. Most banks wont see this kind of value. The other source, which above posts have mentioned is viewing current cars listed for sale. Use Auto trader, Cars.com, specialty forums in classified sections, and craigslist via autotempest to search nationwide. Ultimately market value is whatever a buyer is willing to pay and a seller willing to sell.
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