Author Topic: NADA 1956 - Car values from the view of Loan Officer  (Read 2229 times)

pnw_oldmags

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NADA 1956 - Car values from the view of Loan Officer
« on: October 30, 2010, 06:17:05 PM »
Thought this might spark some conversation
http://circlekf.com/NADA1956Kaiser.pdf
Check out the value of a Darrin!  Or a 1948 Frazer
Jim Betts  LM6945
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kdar353

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Re: NADA 1956 - Car values from the view of Loan Officer
« Reply #1 on: October 31, 2010, 01:17:16 PM »
Thanks for the information provided. There is some data in this post that is very helpful to me in restoring my Darrin.
B. Morgan #9946

pnw_oldmags

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Re: NADA 1956 - Car values from the view of Loan Officer
« Reply #2 on: October 31, 2010, 03:59:37 PM »
Please enlighten us.   What information will be helpful for you restoring your Darrin?  Maybe I can find more for you.
Jim Betts  LM6945
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kdar353

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Re: NADA 1956 - Car values from the view of Loan Officer
« Reply #3 on: November 01, 2010, 03:21:18 PM »
Jim,
I was particularly intrested in finding motor numbers and if they were period sensitive. I got a newly rebuilt engine with my car and wanted to make sure the one in the car presently belonged to this car. I helped me confirm this but cost me some more$$$$$$$.
Bill- #9946

Logan

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Re: NADA 1956 - Car values from the view of Loan Officer
« Reply #4 on: November 02, 2010, 12:17:06 PM »
Are you suggesting the book values are low? Because NADA says that a 48 Frazer is worth more than a 48 Lincoln, for example.  Or were you saying that you couldn't get the suggested book value back in the day?

pnw_oldmags

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Re: NADA 1956 - Car values from the view of Loan Officer
« Reply #5 on: November 02, 2010, 02:45:36 PM »
I was suggesting that they were low.  When you bought your 1953 Dragon for $4000 and 2 1/2 years later it would be eligible for a $600 loan.... Gulp that is depreciation.   Or your beautiful 1954 Darrin that you paid $3668 for in 1954 and in 1956 it had a loan value of $1064.  That seems harsh to me?
Jim Betts  LM6945
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