51 Frazer values

[kfnut]

Does anyone have the latest copy of OLD CARS PRICE GUIDE that can give the values of the 51 Frazer convertible , lowest to highest ?

[dogwalkfinds]

Collector Car guide 2018 says 2240 6720 11200 25200 39200 56000. 

[MarkH]

Does anyone have the latest copy of OLD CARS PRICE GUIDE that can give the values of the 51 Frazer convertible , lowest to highest ?

I think I've got the Aug issue at home. I can look it up when I get back in a couple days.

[darrin145]

Hagerty Insurance's valuation guide says fair @ 20,300, good @ 45,000, excellent @ 67,300 and concours @ 84,500 ! Quite a difference from the collector car guide...you can't sell it to the book, though. The car is still only worth what someone will pay...

[MarkH]

From what I understand, the Old Cars Price Guide condition prices are compiled from actual sales.

[kfnut]

Thanks guys . That is what I needed .

[MarkH]

Collector Car guide 2018 says 2240 6720 11200 25200 39200 56000.

The May/June Old Cars Report Price Guide quotes these same numbers.

[darrin145]

From what I understand, the Old Cars Price Guide condition prices are compiled from actual sales.

That may very well be the case...but when you think about it, how many '51 Frazer convertibles have been sold (recently) and in what time frame? If I sold a '51 Frazer convertible to my brother in law last January, how does the old cars price guide know about it? How many '51 Frazer convertibles have been sold in a public venue in the past few months or years? Ford, Chevy, Mopar, etc., sure, but '51 Frazer convertibles? I guess I would also have to question how Hagerty comes up with their figures, when there are so few examples of that model...

[MarkH]

Hagerty values vehicles for their insurance, possibly an agreed on value. Old Cars Report makes the sales history claim. I don't follow the auction hammer price listings but Old Cars Weekly often has pages of them.

[darrin145]

Hagerty values vehicles for their insurance, possibly an agreed on value. Old Cars Report makes the sales history claim. I don't follow the auction hammer price listings but Old Cars Weekly often has pages of them.

I fully understand that part of it...what I don't understand is how they reach a decision on value on such a rare vehicle...according to Hemmings and others, there were 131 of these cars ('51 Frazer convertible) built...of that number, how many even still exist and how many have been sold (in a public venue) recently so they could even try to get an average, much less an average in all 6 condition categories?

[MarkH]

I can't remember where but I recently read that Old Cars has a calculation for condition values in relation to top value.
Eventually every rare car sells somewhere in documented condition and gives a likely auction range for when the next one lists to be sold. How long between sales varies widely, as often do the pre-sale estimates and actual hammer prices.

I suspect Hagerty uses similar calculations along with agreed values to eliminate anyone wanting to insure a Chevy Nova at Duesenberg replacement costs.

[Bulletin Editor]

From what I understand, the Old Cars Price Guide condition prices are compiled from actual sales.

If I sold a '51 Frazer convertible to my brother in law last January, how does the old cars price guide know about it?

Motor Vehicle Registration data

[darrin145]

As a registered auto dealer in the 'great' state of New York, I can't access DMV records...how can a price guide?

[joefrazer]

RL Polk, owned IHS Markit, sells registration data to anyone interested. They have it available in a “washed” format - without owner information which is probably how price guides obtain it.