Who said anything about collections? I was pointing to the FACT that KBB and NADA are the main sources banks use get an real world assessment of the vehicles value.
Me.
The value quoted from Kelly Blue Book was for a general used car; Taurus $1,261. Not for a model of special interest.
The price chart I posted was from Hagerty.
You beat me to it. Using a Taurus SHO as an example of a âsimple to fixâ car from âthe Good Old Daysâ is so far from accurate as to be truly ridiculous.
Please look at the first source on this list of the top 5 resources for Classic Car Values.
One site said the way the market is now, unless you are buying a concors or number 2 rated old car, it should just be considered a used car. These are not investments and potential buyers are getting fewer every day. Heirs would rather have the cash than trying to sell that 57 Ford in great shape.
Kelly Blue Book used car values are too general, all 1994 Taurus are given the same value.
A local old car dealer has a 2002 Thunderbird for $17,000.
KBB trade value for the Taurus SHO is $497. Trade the Taurus plus $16,500 for the Thunderbird? The dealer will wash the Taurus and sell it for $15,000.
99% of car enthusiasts treat this as a hobby, not a 401K.
The number of forum members interested in cars of the 1990âs is not on the decline. The number of forum members that own pre 1970âs cars is on the decline.
To begin with according to Wiki the last 3dr Generation Taurus SHO (the model that might justify the $10,000 asking price) was 1999 and the first 4th generation SHO started in 2010 and ended 2019.
If youâre interested in more information on theSHO, Ford Taurus SHO: History, Photos, Generations, Specifications
The Taurus in general
Nowadays, outside of established SHO fans, the SHO can be a bit of a hard sell to nascent enthusiasts. Every single generation of the SHO is rooted squarely in the era itâs from, especially the first three generations. Unless you have a healthy dose of period-correct nostalgia coursing through your veins, itâs unlikely a strange smooth-edged Ford Taurus with body cladding from the early 1990s will get your blood pumping.
Thanks Bean!
I donât want to give the impression that Iâm fixating on this particular Ford Taurus, but just pointing out that many cars from roughly 20 to 25 years ago are demanding high second hand prices due to their relative simplicity. Camrys, Accords, Impalas, Corollas, Civics, Focuses. Daily breadwinners.
Iâm not sure why you included the Ford Focus in that group
Itâs FAR inferior to the others. And itâs worth ![]()
And there arenât even many surviving Impalas from the late 1990s and early 2000s, relative to the number of older Camrys and Accords still being driven
And just because someone lists one of those cars at a C R A C K P O T price doesnât translate to a verified sale at that price
If I had one of those cars and it was still solid, I might keep it going
But thereâs no way in ____ Iâm seeking to buy such an old car from a stranger to use as a daily driver
With all due respect . . .
WAKE UP ![]()
