View Full Version : CPI Value Guide book


Skip
Oct 7th, 98, 7:54 AM
Anybody familiar with the Cars of Particular Interest value guide book? It's a pricing guide similiar to the NADA book that auto dealers use to determine the value of trade ins. Well, the good folks at CPI are finally getting educated as to the value of Chevelles, particularly with the rarer powerplants. I just got my latest book and noticed that they now recognize the L79 engine to be as valuable as the L78 engine. In other words, add $5500 to the value of your professionally restored L79 powered Malibu. They even recognize the L34 engine now(add $3000) and they never did before. This,in my opinion,is both good and bad. As "word" filters down, expect higher demand and higher prices from sellers with these cars.

ACES-70
Oct 7th, 98, 5:23 PM
Skip, Do they say or mention anything about the 300 dlx cars?? where would a guy find such a book ?????? L89SEDAN

Skip
Oct 7th, 98, 9:00 PM
Pops,
They list the "sedan" model priced at three conditions, Fair, good, and excellent. Yours shows to be valued at $3675, add $4250 for the L78 engine.No mention of L89. I'll gladly pay you their price of $8925 for your car. Like I said, it's just a guide. E-mail me if you want more info on obtaining this guide.

ACES-70
Oct 9th, 98, 4:53 PM
ummmmm lemme think on that one a bit Skip http://www.chevelles.com/forum/smile.gif POPS

Rainer
Oct 9th, 98, 10:03 PM
Skip -

Are you familiar with Old Cars Price Guide? I'm wondering how the CPI compares with it. OCPG doesn't always do the best job with options and special equipment, but the prices listed have always seemed to be in sync with the asking prices in the trader mags, Hemmings, and at classic car dealers. The other guide that I've used is the "Collector Car & Truck Market Guide" (formerly "Collector Car & Truck Price Guide"). These folks seem to do a better job of breaking the prices down by options (e.g. a 300HP 350 adds a percentage to the value of a base 307 car in '69, etc.), but overall, their prices seem on the low side. Does the CPI seem to be on the mark?

Rainer

Skip
Oct 10th, 98, 6:02 AM
I sure am Rainer. When OCPG is used in conjuction with CPI, you can get a fairly accurate picture of the current collectible car market.CPI claims it gets it's pricing from retail auctions, dealer sales reports,club newsletters, surveys by questionnaires, and current supply and demand. They claim to be the benchmark of pricing for the collectible car market. To me, they come off a little snobbish, but every auction I've attended, I see a lot of guys furiously flipping through their CPIs. The bottom line though is these collectible cars are worth what someone is willing to pay for them. I've seen them sell for way over "book" value, as well as lower, so keep in mind, it is only just a guide for the market.