Hagerty valuation tool

[69redrunner]

I am trying to get a feel as to the current value of my 69 roadrunner. I went to Hagerty's website and used their valuation tool. Seemed a little on the high side to me.

I'd like to see what your thoughts are. Go to the website, enter your car's info (be honest) and post here if you agree or disagree with their number.

Thanks.

BTW, $26-$32K for my 69 RR.

 

[Riverdawg]

Just ran my 65 Dodge Coronet 500 2 dr. It only lists 361 & 426 as an engine option. Mine originally came with a 383. Value for a 3 to 4 condition is hopefully on par. $7.5 to $10K.

 

[Lionized]

My 1969 Super Bee, according to Hagerty, is $43 - $54k. Value of #3/#2 vehicle as of Dec. 2014.
(these do appear high to me but I'll accept them.)

What condition do you believe your Road Runner is in?

For example, a #4 condition Super Bee comes in a shade over $31k. Doesn't seem fair when compared to your car.

 

[Budnicks]

What options ?
what engine ?
hardtop or post coupe ?
did it have a/c ?
or a 4 speed ?

some things/options will effect value more than others
it's not the best at accuracy for options HP etc. either kind of generic too

maybe try the NADA Guides,
http://www.nadaguides.com/Classic-Cars
they don't have many options to choose from but enter what you have see what the comparison is

 

[69redrunner]

My 1969 Super Bee, according to Hagerty, is $43 - $54k. Value of #3/#2 vehicle as of Dec. 2014.
(these do appear high to me but I'll accept them.)

What condition do you believe your Road Runner is in?

For example, a #4 condition Super Bee comes in a shade over $31k. Doesn't seem fair when compared to your car.

I used #3 condition in my case.

- - - Updated - - -

Budnicks

69 RR, with a 70 440.
4 speed, bucket seats, new legendary covers, new headliner. Factory N96 fresh air hood, 3:91 performance axle, v21 performance hood paint, factory dash tach, power steering, Magnum 500's. I'm probably forgetting something. .yep I did, RM23,

 

[Budnicks]

What the market will bare, to be able to sell or buy is at, actual worth what someone is willing to pay...
& insurance replacement value, could/can possibly be different too...
Insurance "pay off" value I'd assume would be less, than coverage value
BUT you can insure for a higher "agreed" value too,
cost per $1k Unit possibly...

I actually think what state you live in can actually effect resale or "actual" worth too, each markets are a little different...

good luck

- - - Updated - - -

Budnicks

69 RR, with a 70 440.
4 speed, bucket seats, new legendary covers, new headliner. Factory N96 fresh air hood, 3:91 performance axle, v21 performance hood paint, factory dash tach, power steering, Magnum 500's. I'm probably forgetting something. .

Please don't take this the wrong way,

That site I listed really doesn't really go into that much detail,
I'd guess here in NorCal in my personal experiences, I've had 13 & sold 12 68-70 RR's...
"Maybe" that'd sell for about $28k-$30k {at-least $25k all day long}
freshly done, maybe as much as $35k-$38k to the right "*** for the right seat",
none #'s matching engine, trans, rear, or even interior or dash stuff, especially on Mopars
{if it's not on the fender-tag or build sheet stuff, we are an overly **** bunch...LOL}
all that stuff will effect resale value, by as much as 25% in some cases,
{doesn't mean it's worth less to some like me, I feel it's worth more in many cases, depends on the market/buyer}
But it really depends on the quality & specific parts & build...
IMHFO it really depends on who's & where's it being marketed too...
Resto-Mods are doing pretty well right now...

 

[hunt2elk]

I thought my 69 Road Runner came in fairly close to what I would value it at. For some reason the only 69 Charger R/T they list has the Hemi engine and not an option for the standard 440, so I couldn't compare that one.

 

[YY1]

I find this one to be pretty close to what my own research comes up with.

http://www.collectorcarmarket.com/collector-car/prices/1969-plymouth-road-runner-value.html

Caveat- sometimes there are incorrect engine or trim level options listed and/or correct ones omitted.

With that said, it's pretty comprehensive, save things like paint, or one off option combos.

Keep in mind sale value and insurance replacement value are different.

 

[Dennis H]

Are daily drivers between a 3 and 4? Unsure how to get an unbiased number.

 

[Bruzilla]

I ran some test cases and I think they're about 2.3 times actual values. But keep in mind the higher they can get you to value your car the more you'll be willing to pay for coverage.

 

[bigmanjbmopar]

I consider mine to be at the #4 level which is the lowest and as of Dec 2014 it's value is rated at $21,300 even after I get the body and paint work done on it it will only be worth $29,500 same date. I will have 30-35 in at the end, with only 27 in it now including original purchase of $10k. I have an agreed upon value of $25 with Hagerty right now so feeling pretty good and once the body and paint are done I will increase that to $35k and even it the value guide is lower I will still feel good that if it wrecks they will pay out what I have into it. win win.

 

[Nick2317]

My car a 1970 Coronet R/T Convertible 440-4 barrel originally is worth $33,710.00 according to hagerty

 

[bigmanjbmopar]

But wait, if I roll across the Barrett Jackson block I can get 160k! lmao stupid

 

[69redrunner]

My car a 1970 Coronet R/T Convertible 440-4 barrel originally is worth $33,710.00 according to hagerty

Nick, do you agree with that value? Or do you feel it is high or low?

 

[Bruzilla]

This discussion reminds me a lot of when I was working at a Ford dealership and customers would walk in waving their KBB printout showing what their trade-in value should be, then get all pissed off when we offered them much less. The story was always the same... they always over-estimated the real condition of their car. They all thought "Poor" condition meant some busted up POS sitting in a junkyard, not their daily driver with loads of little dings, scrapes, scratches, burn holes and tears in the seats and carpet, that missing radio knob, a power window that doesn't work all the time, etc.

I would always have to take these folks outside and say "I know you think your car is awesome, but let's look at your car the same way the next buyer is going to look at it", and then I would start pointing out all the crap that they had stopped seeing years ago or never even noticed. Then when I pointed it out and said "would you buy this car with that on it, or would you demand we fix it?" they would finally get the point. If they wouldn't pay top dollar for a car in that shape, why would anyone else.

 

[Moparsmitty]

I ran some test cases and I think they're about 2.3 times actual values. But keep in mind the higher they can get you to value your car the more you'll be willing to pay for coverage.

Exactly. When you are dealing with insurance companies that use agreed to value for coverage, it's in their interest to make you believe that your car is worth more than it actually is so you will be more likely to buy higher coverage. When I first applied for coverage with Hagerty they called me and told me that they thought that I underestimated the value of my car and they thought it was worth a lot more. I told them to grab the checkbook and jump on the next flight. I don't blame Hagerty, it's all a part of the insurance business and they all do it.

 

[Bruzilla]

When I first applied for coverage with Hagerty they called me and told me that they thought that I underestimated the value of my car and they thought it was worth a lot more. I told them to grab the checkbook and jump on the next flight. I don't blame Hagerty, it's all a part of the insurance business and they all do it.

Yep, they did the same thing with me. They tried to play the vanity card and tell me how nice my car looked and how they felt is was worth more than I did, and since they are experts at this I should insure for a higher value. I wish I had used your checkbook line with the guy.

 

[Nick2317]

Nick, do you agree with that value? Or do you feel it is high or low?

I honestly think its low as hell ...considering production numbers etc ..but its not a desirable car with the on year only front end that you either love or hate as the big sticking point

 

[dryheat]

I hope it's low as hell. 1964 Polara 2-dr Hardtop 383 somewhere between 2 & 3 is around 10K ... average value 8,900 ... I have more than that into it and still have a long way to go. Oh well ... I'm not in it to make money anyway.

 

[Bruzilla]

Haggerty has a pretty sweet deal going. They let your primary insurer cover most of your liability, and they're really just covering the comprehensive side of your collector car, which is the least expensive coverage people have. Most of your auto insurance bill is based on personal injury coverage where millions could be risked, so covering tens of thousands is peanuts. Plus, collector car drivers are some of the most cautious drivers on the road, so payouts are few and far between.

Great racket to be in.