Hagerty evaluation

[SouthDakotaTiger]

1966 MK1A According to Hagerty's evaluation tool and an inspection of my car by one of their reps - Road America Vintage Races a couple of weeks ago - they suggested insuring it at $84,500. And I said, "wow". As some of you know, I bought the car in 2008 and completed a "resurrection" of the car over the next 2 years. The car and info about it can be seen at www.paulalmjeld.org - page down and you will see it.

I am the 5th owner of the car and know the complete history of it. I have a copy of the original title and a set of the original keys. It has a hardtop with new headliner, all the chrome bits and even the back window trim. I had a new soft top made for it that has a zip down rear window. I have lots of photos taken during the resurrection process. I have driven the car from sunny SD to Nashville, TN, Road America, WI (twice) and Minneapolis, MN (several times). It runs/performs very well and gives 21/22 mph on interstate driving at 70-75mph. As an aside, it is not able to beat a 2016 Dodge Challenger in a stop light drag. But it has made a believer out of several local Asian warriors with their hopped up Hondas.

I know some folks do not approve of the PPG Lemon Ice Yellow - but it was my wife's choice - ('nuff said, right?)

so - given all the above, I would be interested in seeing/hearing what other CAT members think the car might be worth........

regards from South Dakota, Pete PetesPerformanceWiring

 

[dstephns]

I would say Hagerty is probably in the ballpark on your car. Valuing classic cars is sometimes tricky because if an individual gets the right buyer they can sell for a lot more. Your car sounds very nice but as you said your goal was to bring it back to life not a concourse. This last quarter the Sunbeam Tigers were flat. This next Spring when the new year auctions start rolling and the good driving weather begins, we will see. There are some beautiful Tigers out there, both Mk1's and Mk2's that will always bring a premium. I like to enjoy my cars and drive them reasonably, but like you, I decided that I did not want a concourse car (I didn't think I could afford to do that properly) but I wanted to "freshen" my car with new paint, a little body work and some interior freshening. I feel that I succeeded and I am very happy. These cars will never bring the premiums the Cobras bring, at least not in my lifetime, and as others have said if they get too expensive they will end up in garages and museums and we may not see them on the road anymore. To me that would be a shame.
If your car has not been TAC,d then I would suggest that you get that done. Not so much for you, but should you decide to sell your car that will mean a lot to your potential buyer.
Very nice car by the way.
Dave

 

[Doug C]

NADA value assessments

Recent NADA's as of Wednesday Sept 28, 2016

Not that I agree with them all.

Low Retail Value
This vehicle would be in mechanically functional condition, needing only minor reconditioning. The exterior paint, trim and interior would show normal wear, needing only minor reconditioning. May also be a deteriorated restoration or a very poor amateur restoration. Mostly usable “as-is”. This column does not represent a “parts car”.
Note: Some of the vehicles in this publication could be considered “Daily Drivers” and are not


Average Retail Value
This vehicle would be in good condition overall. It could be an older restoration or a well-maintained original vehicle. Completely operable. The exterior paint, trim and mechanics are presentable and serviceable inside and out. A “20-footer”.


High Retail Value
This vehicle would be in excellent condition overall. It could be a completely restored or an extremely well maintained original vehicle showing very minimal wear. The exterior paint, trim and mechanics are not in need of reconditioning. The interior would be in excellent condition. Some vehicles may be considered “matching numbers” vehicles.
Note: This column does not represent a “100 Point” or “# 1” vehicle*.

* A “100 Point” or “# 1” vehicle is not driven. It would generally be in a museum or transported in an enclosed trailer to concours judging and car shows. This type of car would be stored in a climate regulated facility.

Note: Vehicles/Vessels in exceptional condition can be worth a significantly higher value than the Average


Cheers, Doug

 

[SouthDakotaTiger]

If your car has not been TAC,d then I would suggest that you get that done. Not so much for you, but should you decide to sell your car that will mean a lot to your potential buyer.
Very nice car by the way.
Dave

Thanks Dave. The car is TAC,d. I keep the original certificate in my safe deposit box (anal retentive?) Pete

1966 Tiger MK1A B382001910 LRXFE
TAC #0792