Prices creeping upward?

[Tony117s]

Originally Posted by Earthworm

It DOES matter if for some reason something happens to your car and your insurance company only wants to give you $500 for it.

I agree though that I'll never sell mine while still in running condition!

very true my svx was considered totalled by insurance 2 weeks ago and now i had to pay 7k of my own money because an idiot rear ended me. But on the plus side i'm getting her back tomorrow and she has a new paint job.

[dcarrb]

I didn't mean to suggest that the SVX has become an overnight collectible. Still, I'd like to know what (if anything) informed those folks to set the prices I cited. With cars like these at this point in time, the only true measure of a particular example's worth is how much its owner is willing to spend to keep it in decent shape.

Ebay? I don't know. Browsing there, I get the sense that it's the liquidation venue of last resort, so it seems unlikely that what how far someone's willing to go out on a limb there is a fair reflection of market value.

dcb

[SVXer95]

I believe that the only way the SVX will become more valuable is if we, the SVX following, are willing to pay higher prices. As long as the people that buy an SVX do not have the funds to invest, the prices will stay low.

[ensteele]

Originally Posted by lhopp77

Now just why would anyone in their right mind "stock up" on these cars????

Lee

[JeffN]

We got our 97 in 04 for 8500. w/ 36k on it.

We got 11k+ from insurance(totaled) and can't replace it for that....sounds like the low milers are evaluating.

[dcarrb]

The "Taxable Value" of each of my cars as shown on the registration documents: $660. Surely the state figures a percentage of market value for tax purposes, but I wonder how they determine that value.

dcb

[Bailey]

If the cars aren't valued highly by ins companies, is it wise to carry full physical damage coverage on them? just wondering.
I am an SVX newbie, recently got an LSi ('94 very good condition) for our daughter who is in college. She took out full comp and collision coverage on her car. Maybe this is a dumb question, but these cars are an undervalued anomaly.

[dcarrb]

I carry full coverage on the teal (it's in better condition and on the road more), but not the silver, and I'm getting a "pleasure use only" break on the latter, so long as I keep it below 8000 miles per year. Is paying for full coverage on a '92 a wise expenditure? Probably not.

dcb

[Speedklix]

I have noticed prices are a little bit higher than ussual too.

But I married my SVX too

[pipedream]

interesting that this was posted up- i actually made the same observation recently when i was looking at svx's randomly online. I saw a 92 online- i think ebay, that was going for like 9k (and I think it actually had a bid on it), im pretty sure it only had a bit fewer miles than my '92 (which is at like 160k).

considering I bought my '92 in what i would consider 'just below pristine' condition for 3,700 (talked the woman down from 4,500) wth 140k miles on it... this was a little over a year ago, 9k seems like a lot to ask.

keep those cars in shape boys.

[dcarrb]

Someone posted within the past week or so of snagging a '92 with 200K+ for $800. Eight hundred dollars? The windshield alone's worth that, for cryin' out loud. A full complement of bleepin' lug nuts for the thing runs more than $160.

Wishful thinking on my part, I suppose, but it's hard to imagine how these cars could get much cheaper. (Not that I care, 'cos I intend to wring many more miles out of mine.)

dcb

[TomsSVX]

I bought my Teal for $600. 120k on the clock with a dead tranny. Put it an new trans I had laying around and made a great daily driver for less than $1000. My silver though... that car will never be sold for any amount under 20k

Tom

[GOT2HAVESVX]

keep those cars in shape boys.[/QUOTE]

Have you ever seen a boy with ......nevermind, I will just keep mine in shape! Im used to being one of the guys, I am the purchasing manager at a machine shop with 20 "boys"! But I got the fastest car there! *Scott I hope your reading this!*

[shelfy]

Originally Posted by dcarrb

The "Taxable Value" of each of my cars as shown on the registration documents: $660. Surely the state figures a percentage of market value for tax purposes, but I wonder how they determine that value.

dcb

in colorado, it's exactly 85% of original msrp.

[Bailey]

there is an ad on cars.com today for '95 with only 12,000 miles on it. Asking price is $35,000 or best offer.