Why not?   I would give you $10,000.00 for both!!

I was kidding!   I like both cars   The GTO is nice looking    put some stock wheels on it...   were do you find another car like yours or his?    How about 20 for the pair?

427carl wrote:

---

I was kidding!   I like both cars   The GTO is nice looking    put some stock wheels on it...   were do you find another car like yours or his?    How about 20 for the pair?

---

I know you were Carl but these cars still aren't worth that much. If I could get $10,000 US that would mean a 400% profit for me on my inital cost.

 

Very often appraisers want to see any bills you may have for add ons and extra work done. An appraisal for insurance purposes is usually intended to cover your investment against loss so the value you settle on can very often be greater than the actual realized priced in a fair market transaction.  I think it is safe to say that Fair Market Value and Appraised Value are two completely different things both determined in completely different ways.

427carl wrote:

---

Thank you   Its the first time someone gave me the answer, I was lookng for... so for example, my little car is worth 10-12g if it was for sale, but it would cost me closer to 20g, to replace its rust free body with all its added features... Now I see why owners get confused, and ask the appraised value, when trying to sell their cars..  Makes sense  now     thanks C2

---

Wow, glad I could help.

 

73SC wrote:

---

Very often appraisers want to see any bills you may have for add ons and extra work done. An appraisal for insurance purposes is usually intended to cover your investment against loss so the value you settle on can very often be greater than the actual realized priced in a fair market transaction.  I think it is safe to say that Fair Market Value and Appraised Value are two completely different things both determined in completely different ways.

---

Exactly.  As was discussed in another thread, that is why you have Endorsement 19A on collector car policies, it covers your investment in the car.  If you have $20K in the car or that is what it would cost you to reproduce it, that is the amount you pay premiums on, it's like an annuity.  Fair market value, that is what most of us have on our daily drivers.  If your 5 year old Cavalier gets written off, they pay what a five year old Cavalier similar to yours can be purchased for at that date.  Doesn't matter if the week before you had just put a brand new engine, tranny, tires, battery, etc., in it; that is just considered "regular maintenance" and you get no credit for that.

 

Astro Jet wrote:

---

Pedigree, it is a real GTO afterwards, drivetrain, Pontiac 400, posi rear end, console, good colour combo, blue over white (no offence Ray!, but put your car back to silver!)  He's got to get the correct springs in it all around though...

 

---

Hillar I never take offense from you, I agree most of the time, I just make posts to generate conversation most of the time.

In this case Pedigree is two door emblems, a grille emblem and 3 decals on the body and 50 cubes. I like the car except for his wild rear end. If one was inclined to do so I'd have a pretty easy"cloning".

Astro Jet wrote:

---

True, I'd be interested though if anyone has ever directly compared a Chevy 400 small block against a Pontiac 400 for performance, I don't recall ever seeing too many road tests of the bowtie 400.  50 cubes though is still 50 cubes.  

---

I don't think the 400 sbc was really ever sold as a performance engine. It was used to push around big sedans and wagons, cars that needed lots of torque to get them going plus pull 7,000 ib trailers. The Chevy Performance guide does detail a build up of the 400 sbc.

As the old adage says "theres no replacement for cubic inches" !

Here are some specs I found:

73 Pontiac GTO 400 4bbl dual exhausts - 230 HP @4400, 325 ft lb @3200

70 Chevy 400 2bbl single exhaust - 265 HP / 400 ft lbs

 

-- Edited by 73SC on Saturday 11th of April 2009 08:55:01 PM