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A Little Respect - Ghia values from Hagerty
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gjetson
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PostPosted: Wed Jul 29, 2015 10:18 pm    Post subject: A Little Respect - Ghia values from Hagerty Reply with quote

Looks as though the automotive world has found a new respect for our car.
https://www.hagerty.com/valuationtools/HVT/VehicleSearch/Report?vbe=1434
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67jason
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PostPosted: Wed Jul 29, 2015 10:58 pm    Post subject: Reply with quote

so inflated prices equal respect?
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John Moxon Premium Member
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PostPosted: Thu Jul 30, 2015 12:32 am    Post subject: Reply with quote

67jason wrote:
so inflated prices equal respect?


Sadly, to the uninitiated...yes.
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butlern
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PostPosted: Mon Aug 03, 2015 4:52 am    Post subject: Reply with quote

Whats with the major spike in the third quarter of FY 2014-2015?

Crazy. All Karmann Ghia models. not just the linked model.
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swhitcomb
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PostPosted: Mon Aug 03, 2015 11:22 am    Post subject: Reply with quote

Guess I'd be better call them and change my agreed upon value then. My wife's Thing is also under insured.
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NOVA Airhead
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PostPosted: Mon Aug 03, 2015 11:30 am    Post subject: Reply with quote

Not sure where the values are from or their accuracy but Ghia values do seem to be increasing...along with everything else in the collector car market.
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Bloku
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PostPosted: Mon Aug 03, 2015 10:27 pm    Post subject: Reply with quote

I thought I was the only one who noticed the big spike! I wonder how haggard gets their pricing? Do they just average out selected cars?
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akear
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PostPosted: Tue Aug 04, 2015 12:00 pm    Post subject: Reply with quote

NOVA Airhead wrote:
...Ghia values do seem to be increasing...along with everything else in the collector car market.


Seems like all of the "affordable" collector cars are rapidly on their way to no longer being affordable. I also have a '69 Datsun roadster and the Hagerty values show that a Condition 2 car went from $20k to $30k in the last 2 years; a Condition 1 car from $32k to $48k.
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rrock
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PostPosted: Tue Aug 04, 2015 3:27 pm    Post subject: Reply with quote

swhitcomb wrote:
Guess I'd be better call them and change my agreed upon value then. My wife's Thing is also under insured.


My 71 coupe is also insured with Hagerty - based on this latest data my valuation will also need updating. It'll be interesting to see if this trend continues when the September pricing update comes out. Checked the valuation on a 71 beetle coupe and the May 2015 data is fairly consistent with the previous few updates...
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BrentDF
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PostPosted: Tue Aug 04, 2015 5:59 pm    Post subject: Reply with quote

I'm thinking the rise in values of Karmann Ghia's reflected in Hagerty's numbers is KG values moving in sympathy (although belatedly) with the rise in values of Porsche 356's and 911's, cars with which KG's share a common ancestry (for lack of a better term).

Have KG's become, for many who have been priced out of the market, a surrogate ownership experience for 356's and 911's?

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Bleyseng
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PostPosted: Wed Aug 05, 2015 9:12 am    Post subject: Reply with quote

I keep seeing the Ghia listed as a Top ten car for "Fun", "Sports car", etc so then demand for these cars is going thru the roof for unmolested nice examples. Look at the ones for sale as most are rusted out or modified which are not what new buyers are looking for.
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c21darrel
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PostPosted: Wed Aug 05, 2015 10:47 am    Post subject: Reply with quote

Quote:
Have KG's become, for many who have been priced out of the market, a surrogate ownership experience for 356's and 911's?


Only until you drive one. 0-60mph in ...wait for it....keep waiting...18, 19, 20,
whoosh...21 seconds. Smile
They arnt sports cars, they're just sporty looking. Very Happy
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Bloku
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PostPosted: Wed Aug 05, 2015 12:16 pm    Post subject: Reply with quote

You got a point there BrentDF. An example is how just the other day, my friend who lives in Seattle sent me a picture of a 356 thinking that it was a ghia! In his defense, he is not a "car person" and the 356 was a karmann hard top! I'm not sure If I am happy or not to know that ghia prices are going up Confused
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John Moxon Premium Member
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PostPosted: Wed Aug 05, 2015 12:49 pm    Post subject: Reply with quote

Bloku wrote:
You got a point there BrentDF. An example is how just the other day, my friend who lives in Seattle sent me a picture of a 356 thinking that it was a ghia! In his defense, he is not a "car person" and the 356 was a karmann hard top! I'm not sure If I am happy or not to know that ghia prices are going up Confused


Late model 356s were made in the Karmann plant so he might have sensed the Karmann vibe when looking at the picture Wink
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BrentDF
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PostPosted: Wed Aug 05, 2015 2:53 pm    Post subject: Reply with quote

John Moxon wrote:


Late model 356s were made in the Karmann plant so he might have sensed the Karmann vibe when looking at the picture Wink


As were many 911s in the early years of 1966-71
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