<VV> Defining a cars value

[Smitty Smith]

Smitty says;   Paul if you want to do it right it will take some work.  Start off with a top value concours car value.  (Not a BJ nutcase value).  On a long lined paper pad write down bumper, rear.  If that bumper is not a flawless 100 pt concourse then it will need a replate.  No halfway about this now.  It will need replate.  Put down $300 or what ever the show quality price is now.  Move on to tail lights.check the chrome light rings.  If they are nor perfect, write them down and move on.  Bodywork holes?  Price them at bodyshop prices.  It's easy to run up $2,000 in small repairs on body work.  Keep going, on upholstery, instruments, wiper motor, carbs, convert top, and on and on.  Don't cheat yourself by saying, I can fix that.  When you are done with marking flaws then add at least $5,000 for a paint job.  Let the seller in on what you are doing and how you are ariving at prices.  (Clarks book is good).  After adding everything up, subtract that
 value from the top concours value you started with.  Yeah you are going to tick the seller off.  What are you in this for?  To make him smile,or buy the car at a correct price.