I went to look at an original 1975 Caprice Classic convertible today here in Birmingham. I was referred to the owner by another dealer here in town.
Looking over the car, it is nice but without its wear and tear for a 43 year old car. This one is equipped with the 454, air, gauge package and power accessories. On the collection meter, this one is highly desirable.
The owner says that was appraised for $50,000 in March 2017 and is probably higher now. I asked who appraised the vehicle and he brought me a folder that had a very nice 10-page letter giving photos, statistics, etc. The appraisal looks professionally done and he said that he paid $200 to get the appraisal.
The owner said that for $35,000 the car is mine. He pointed to the appraised value. I suggested that he sell the car to the appraiser for that amount and the appraiser could make $15,000 profit. You should have seen the look on his face.
