Quote:
Originally Posted by AZKen
Are you talking about the original sales price in 1965? If so it will be on most titles. If you are looking for value of your truck right now, you use recent sales. (regional comps)The words price "list" is throwing me.
NADA has original and present values. The present values are not usable in any sense except if advantageous for your purpose.
1965 1/2T (C10) Fleetside long MSRP 1965 $2060, low retail now $19,200. My zip
1965 GMC 1000 Wideside long $2075........$11,500. My zip
Many insurance companies require an appraisal. So I had to pay I guy who was certified. Who didn't know anything, and asked me what price I wanted to put down on his report.
Now I am VERY careful NOT to mention antique, classic, restored, vintage.......... I just say to my company that has all my other vehicles...I want to a 1960 GMC truck....and let them ask what they want to ask. I say It's just a truck I use once in awhile and it's worth XXXX. The hot shot big classic insurers want a garage with a lock, with a TV and heat and A/C  |
Thanks for the reply Ken. My title is newer, only mentions the "2nd hand" price.
Cannot accees the NADA site, blocked for EU.
I have a good idea of what the truck is worth now, but they want the original retail from 1965. I thought 5 grand (1965 retail) at first and they would not believe me. Turns out it is even lower.
The standard insurance here is based off resale value. A classic car insurance wants it appraised. But I can only get a classic insurance if I have a another (primary) car, which I dont have.
Will give them a call.