Well, the same car that sells for $3,000 in New York might only bring $600 or less in Montana. It's all about local value. You can look on Ebay for guidance, but it won't necessarily reflect what it'll bring in your area. I'm not sure if there is something similar to a real estate / cost-of-living adjustment comparison between states and regions for cars, like there is for living expenses and salary compensation when switching jobs. But I suppose if you did the math based on percentage change in area, and applied that to a car's price, it might be a crude way. If it costs $3000 / month to rent in New York, and $300 a month in Montana, then if a used car sold for $3,000 used in NY, might expect the same car to sell for $300 in Montana ( just using an example here ). City folks have more
money to spend, so things sell higher in denser populated areas ( more competition for the same old cars ), vs. a rural area.
You can search online, too. Takes some time. Here's an ad in Canada for a 76 4-door, $800 CN
http://showads.e-car-buyer.ca/amc-hornet-1976-edmonton/719.aspAll you can really do is price-compare, and see what cars sell for locally. My "guess", with the problems it has ( ie electrical, most people don't want to fool with that, and it's expensive to pay someone else to troubleshoot it ), so if he gets $1,000 for it, I'd say it's a good deal. You don't list mileage, which is a factor. It all depends on what it's worth to you, and whether you're buying it as an investment, or because you really like it. Personally, I'd let the gentleman offer it to at a price he sets, then dicker from there. Why
overpay if they are willing to settle for a lot less? Some people think they own gold on wheels, others will give it away for a few hundred clams. I prefer not to make an offer, I like to let the owner pick a price, then dicker from there. Your preference may vary. Good luck!
Say, whatever happened to that Gremlin GT you missed? Has it ever resurfaced once it got sold?
Jerry in Virginia
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