FWIW I have worked at car dealers (service manager) and we were told that
NADA tracked transaction prices to establish their values. The numbers in
NADA are usually much lower than Kelly Blue Book. Blue Book is great if you
are selling (but don't plan on getting those numbers from a savvy buyer)
NADA numbers are what our used car manager used as a starting place when
evaluating trade ins. So if you are selling, show the buyer Blue book, if
you are buying, use NADA.
The problem with NADA or any other evaluation service on very old cars like
LBCs is there are so few of them sold, and their condition is all over the
map, it is tough to get a proper average price.
Rick
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