Price Guide Report

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Vehicle Condition 1

Condition #1 vehicles are the best in the world. The visual image is of the best car, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the car has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 cars is "concours."

Vehicle Condition 2

#2 cars could win a local or regional show. They can be former #1 cars that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and interior will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine compartment. The vehicle will drive as a new car of its era would. The one word description for #2 cars is "excellent."

Vehicle Condition 3

#3 cars could possess some, but not all of the issues of a #4 car, but they will be balanced by other factors such as a fresh paint job or a new, correct interior. #3 cars drive and run well, but might have some incorrect parts. These cars are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. "Good" is the one word description of a #3 car.

Vehicle Condition 4

#4 cars are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the fender has a minor dent. The interior could have split seams or a cracked dash. No major parts are missing, but the wheels could differ from the originals, or the interior might not be stock. A #4 car can also be a deteriorated restoration. "Fair" is the one word that describes a #4 car.

Weighted Average

The "weighted average" averages all four condition values for a vehicle, weighing the relative prevalence of each condition “in the wild.” As many more cars are found in condition #3 and #4, these prices are weighed more heavily than the condition #2 and condition #1 values.

Value change over time


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              The VIN Explained

              A vehicle identification number, or VIN, can reveal a lot about a car: manufacturer, model, build date, plant of origin, body type, and even engine in many cases. But standardization wasn’t introduced to VINs globally until 1981, and early vehicles’ VINs were composed of nothing more than a serial number. Over time more information has been introduced to VINs, but what information is carried in a VIN is largely left to the discretion of the manufacturer.

              Because of the variance in VIN structures prior to 1981, there are few comprehensive VIN decoders in use today for the majority of collector cars, and many decoders focus solely on a single brand or nameplate.In an effort to better understand all the information that is embedded in a vehicle’s VIN number, regardless of the year that vehicle was manufactured, Hagerty has developed a collector car VIN decoder that grows in coverage on a daily basis. Today Hagerty’s VIN decoder covers more than 22,100 vehicles from 1945 to present.

              Hagerty’s collector car VIN decoder can be a valuable resource when buying a car because it indicates details about how a vehicle was originally constructed. Differences between a car’s original and current configuration can have a tremendous impact on value, and those differences should be disclosed by a seller when they are known. Utilize the Hagerty VIN Decoder to better understand cars you are considering buying, and see if you know the whole story.

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