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NADA Guide

Discussion in 'Ferrari Discussion (not model specific)' started by vancoops456, Aug 7, 2006.

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  1. vancoops456

    vancoops456 Karting

    Dec 21, 2005
    187
    Northern California
    Full Name:
    A. Van Coops
    #1 vancoops456, Aug 7, 2006
    How accurate are the NADA values for Ferrari's (or any other exotic for that matter)? I know that the markets shift constantly...but do the NADA guys keep up? Is there any other "blue book" type of way to determine a ferrari's value...or does one just have to study the market on their own?
     
  2. bobleb

    bobleb Formula 3

    Mar 9, 2004
    1,258
    Las Vegas, NV
    Full Name:
    Bob Lebenson
    #2 bobleb, Aug 7, 2006
    Three other sources I can think: The Ferrari Market Letter and its Asking Price Index, Sports Car Market magazine, and Cavallino.
     
  3. meloyelo

    meloyelo Karting

    May 20, 2002
    245
    Houston Texas
    #3 meloyelo, Aug 7, 2006
    I think you have to be able to use NADA as a guide - just like you have to use the FML asking price index as a guide.

    It will give you a starting point. But you have to do your research as to what they are bringing based on condition.

    my
     
  4. HAC

    HAC Karting

    Mar 28, 2006
    138
    Knoxville, Pa.
    Full Name:
    Hugh A. Cornell
    #4 HAC, Aug 7, 2006
    I recently purchased a 1992 512TR for 90k It had a few small issues so I thought that price was fair. I ended up financing a small portion of the car. I do remember the bank looking it up. And the book gave a value of 69K to 94K I was a little surprised of the broad range, but that's what the book said.
     
  5. ProCoach

    ProCoach F1 Veteran
    Owner

    Sep 15, 2004
    5,465
    VIR Raceway
    Full Name:
    Peter Krause
    #5 ProCoach, Aug 7, 2006
    CPI is more often cited for older cars.
     

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