For many buyers in the market, economic trends can make a classic vehicle purchase a bit more complicated. With much of the vehicle market stabilizing like Bloomberg reported earlier in September, many buyers are looking for a good deal. There are many places to get price insights, and each has its perspective that may help you at different points in your buying process. Here’s a list of our top 5 favorite resources for classic and collector car values.
Note: Vehicle conditions vary and can greatly impact the price of classic vehicles. A vehicle inspection is recommended when purchasing a classic vehicle.
Hagerty Valuation Tools
The Best for Trend-Spotting Classic Car Values
Hagerty Valuation tool continues to provide important historical values for your favorite classics. Knowing past and current vehicle values can help buyers determine what a classic car could be worth in the future. With the option to use a VIN to determine the specific vehicle’s value, it’s a great starting point to understand historical values. Oh, and did we mention the tool is free? Simply create an account to access historical data.
NADA Guide (J.D. Power)
The Most Vehicle Data for Classic Values
The NADA Guide is an industry leader in classic car values. It’s primarily focused on dealers and other automotive businesses, so it has wholesale prices in addition to sale prices. It’s widely considered a very reliable source of used car prices by most. The company also values RVs, boats, and motorcycles in addition to an expansive array of classics, exotics, and newer vehicles. Initially known for the giant book that comes out quarterly, the same information can now be accessed online.
CPI Black Book
The Most Trusted for Collector Vehicles
CPI stands for Cars of Particular Interest. With a focus on collector vehicles dating back to 1946, this resource provides precise data for businesses. It doesn’t have a resource that enthusiasts can easily log into, but it has many different products for the market. Many companies use CPI, including lenders, when making lending decisions.
The Best Information for Auction Sales
Classic.com has some of the most robust auction sales information available and is free. The company has become a thought leader in the auction space and has made it easy to understand sales data over the past five years. Started in 2019, the site was born out of a need to find reliable pricing and comps for classic cars. Fast forward to today, and the site is one of the best ways for enthusiasts to research prices, stay updated and find vehicles.
Hemmings Price Guide
The Best Place to See Current Vehicles for Sale
The hemmings price guide is based on the vehicle listings on its site. It’s a great place if you’re shopping for a classic vehicle, especially to understand how asking prices have changed over the past three years. The downside is only Hemmings data is used, but given it’s one of the largest classic car marketplaces, it’s a great tool.
Honorable Mention – Kelly Blue Book
Although the KBB only holds data on vehicles 21 years or newer, the book is one of the most trusted companies for pricing vehicles. With tools on fair market value and trade-in values, the Kelley Blue Book continues to be the most visited valuation site.