Saturday, March 28, 2009

How much are these cars worth?

My neihbor is a rich man whose a car collector and a car enthusiast. Can you tell me how much his cars are worth? Each one if possible? here%26#039;s his list, i%26#039;ve learned them all:





1957 cadillac Brougham Eldorado


1966 excalibur SS roadster


1984 excalibur Phaeton Anniversary car


1924 excalur Packard Sport touring





How much are those cars worth?
How much are these cars worth?
Go to Nada.com.





However, the ultimate question is now how much they%26#039;re %26quot;worth%26quot;, but how much someone would actually pay for them.





And also, whether you can find the market for them.





The cars may be listed at $50,000, as a random example, but if no one%26#039;s in the market for them.....they simply won%26#039;t sell. Making their actual value $0.





Edit: If he%26#039;s not selling them, then they have no monetary value. Just sentimental value. It%26#039;s like asking how much your children are worth.





So, infinite personal value, no monetary value. There you go.
How much are these cars worth?
Looking in Hemmings motor News, which gives you an idea of what similar cars go for, I came up with this:





2 1957 Cadillac Eldorados, ranging in price from $89,000-$139,900.





A Packard Twin Six two years older than your neighbor%26#039;s car, with an asking price of $120,000.





A dozen Excaliurs of various years, with prices ranging from $29,500 to about $45.000.

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