Article on Hagerty Vehicle Ratings 2016

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J_Speegle
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Re: Article on Hagerty Vehicle Ratings 2016

Post by J_Speegle » 17 Dec 2016, 21:09

Remember/consider that rarity isn't the driving force generally in raising values it's popularity. When you get a popular car and a rare model (or even a hyped one) that really sets those values apart generally.

Rarity alone has rarely ever equaled high value. If it did values of Levi Pacer would be through the roof :)

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propayne
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Re: Article on Hagerty Vehicle Ratings 2016

Post by propayne » 18 Dec 2016, 05:48

I also feel like the demise of Mercury has hurt the Cougar a little bit and the Cougar still suffers from an overall lack of understanding from the general car enthusiast crowd.

Just imagine if Mercury was introducing for 2017 a brand new, beautifully designed retro 50th Anniversary Cougar and if Dan Gurney was in every car magazine and on Barrett Jackson hawking his new AAR XR7-G version and suing the CCOA and everyone selling repopped G hood scoops.

- Phillip

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Royce
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Re: Article on Hagerty Vehicle Ratings 2016

Post by Royce » 18 Dec 2016, 09:19

Hagerty is basing value on requests for quote. The one Cougar GT-E that sold at Barrett Jackson several years ago would have affected average values considerably that year. If the guy requested a quote from Hagerty.
1968 GT-E XR-7 W code 427 Augusta Green / Saddle
1968 XR-7 R code 428CJ Ram Air Red / Black
1910 Model T Ford Touring Red / Black
1914 Model T Touring Maroon / Black
1915 Model T Ford Touring Black / Black
1917 Model T Ford Torpedo Runabout Green / Black
XR7-G Registrar

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badcatt
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Re: Article on Hagerty Vehicle Ratings 2016

Post by badcatt » 18 Dec 2016, 10:11

Hagerty quotes a 1970 XR-7 convertible 341 4V in condition #3 at $24,300 and a #2 at $34,300. Old Cars Report Price guide for Nov/Dec 2016 has #3 condition at $13,600 and #2 condition at $21,000. What Hagerty is saying is they are not seeing many sales, That doesn't surprise me much. I have not been getting copy's of OPRG and just started getting them again. But through out the condition ranges Hagerty has a higher value then OPRG for the 1970 Cougar XR-7 Convertible.
Note; OPRG states a 120% add for a 1968 GTE and a 40% add for a XR7-G
Neal Jacobson.
1970 XR-7 White "Ginger"
1970 XR-7 Convertible Blue
1971 XR-7 Bright Blue with Blue "Up Beat" interior
1970 Standard 428CJ Competition Yellow The New Money Pit.
See ya on the hiways,
The political and commercial morals of the United States are not merely food for laughter,
they are an entire banquet
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- Mark Twain -

Cougar Bill
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Re: Article on Hagerty Vehicle Ratings 2016

Post by Cougar Bill » 18 Dec 2016, 12:14

What a joke!

How many of you would buy a #1 1970 XR-7 428 CJ 4 speed w/ air for $20,000?

This guide has no credibility.

Until I sent 3 e-mails asking them to show these cars they didn't even show a 70 HT XR-7 w/ 428 option.......

Makes me wonder if "Agreed value" is even true!
1970 XR-7 428 Ramair 4 speed (now under restoration)
1970 Eliminator Boss 302
1969 XR-7 428 R-code 4 speed
1969 Std. 428 R-code C-6
1969 XR-7 Convertible 351 AOD
1969 XR-7 Convertible 428 C6
1969 XR-7 351 5 speed "RestoMod" New 525Hp "pacemaker"
https://www.youtube.com/watch?v=SBkOzr7N13Y
1968 XR-7 X-code
1968 XR-7 302-4v 4 Speed (J-code)
1967 XR-7 302 & AOD Green- Wife's Cat
www.cougarbill.com

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badcatt
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Re: Article on Hagerty Vehicle Ratings 2016

Post by badcatt » 18 Dec 2016, 12:30

The $20K value is for a #3 car. I do think it may be low.
VALUES FOR
1970 Mercury Cougar XR-7
2dr Hardtop Coupe 8-cyl. 428cid/335hp 4bbl Cobra Jet
#1 Concours $36,900
#2 Excellent $28,700
#3 Good $20,400
#4 Fair $14,500
Per OPRG a #3 1970 XR-7 hard top with a 428CJ would be $18,680.I think the value is low due to no reported sales of this sort of Cougar. OPRG states a 351 powered XR-7 hard top in #3 condition is valued at $10,580.(no add for 351 4V given but would pull at least 10% more IMHO) A number 3 car is described as a very good: Completely operable original or older restoration showing wear. Also a good amateur restoration all presentable and serviceable inside and out. In short a car that looks good at 20 feet.
Neal Jacobson.
1970 XR-7 White "Ginger"
1970 XR-7 Convertible Blue
1971 XR-7 Bright Blue with Blue "Up Beat" interior
1970 Standard 428CJ Competition Yellow The New Money Pit.
See ya on the hiways,
The political and commercial morals of the United States are not merely food for laughter,
they are an entire banquet
.
- Mark Twain -

Cougar Bill
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Re: Article on Hagerty Vehicle Ratings 2016

Post by Cougar Bill » 18 Dec 2016, 15:18

Guess I didn't hit the right "condition" button OOps!

Still stupidly low IMHO!!
1970 XR-7 428 Ramair 4 speed (now under restoration)
1970 Eliminator Boss 302
1969 XR-7 428 R-code 4 speed
1969 Std. 428 R-code C-6
1969 XR-7 Convertible 351 AOD
1969 XR-7 Convertible 428 C6
1969 XR-7 351 5 speed "RestoMod" New 525Hp "pacemaker"
https://www.youtube.com/watch?v=SBkOzr7N13Y
1968 XR-7 X-code
1968 XR-7 302-4v 4 Speed (J-code)
1967 XR-7 302 & AOD Green- Wife's Cat
www.cougarbill.com

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Re: Article on Hagerty Vehicle Ratings 2016

Post by xr7g428 » 18 Dec 2016, 15:42

My guess is that more Cougars are being insured, and the majority of them are not high end cars. The values placed on these might be pulling the average down. I have insured my '68 XR-7G 390 4 speed sunroof car for $20K. That is based on the condition of the car as it sits right now, in need of a total restore with plenty of rust to be repaired. Done, it will certainly carry a bigger policy.

There have been two Cougar sales in the past year of over $200K. That should be moving ghe needle in the right direction, but it seems that they both went under the radar.
Bill Basore, Editor / Publisher
Legendary Cougar Magazine
Currently in the Cat House
'67 XR7 GT 390 4 speed, AC, AM FM, Lime Frost Green
'68 XR7-G 428CJ C6, Tilt-Away, AM, Black Cherry
'68 XR7-G 390 4 speed, Sunroof, Cardinal Red
'68 XR7 GT-E 427 C6 AM Cardinal Red
'68 XR7 resto mod 351W, soon to be AOD, Black Cherry

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berns68
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Re: Article on Hagerty Vehicle Ratings 2016

Post by berns68 » 18 Dec 2016, 22:16

When I started this thread it reminded me of another article from earlier this year from R/T online:
http://www.roadandtrack.com/car-culture ... /?slide=10
From a personal observation in the western and southern suburbs of Chicago, when I started attending cruises and shows I was usually the only Cougar. But the last couple of years I am seeing many more local Cougars whose owners have told me they either just bought the car or had it for years but only recently got it back on the road. None are the high dollar cars.
Mike

1968 Standard Hardtop, Nordic Blue
302 F code, updated to 4V
Originally 1 of 2
ROTM May 2014
viewtopic.php?f=33&t=3854
C.A.T.S. Classic Cougar Club member #16-10
CCOA member #9618

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propayne
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Re: Article on Hagerty Vehicle Ratings 2016

Post by propayne » 02 Mar 2018, 05:32

Looks like Hagerty's forecast on the Cougar has become more positive -

From their website:

The Mustang’s Mercury cousin has been one of the hottest cars at auction lately, with average sale prices up 37 percent and the number of cars offered up for bid up 18 percent. XR7 Convertibles are particularly hot. Thanks to classic Mustang’s tremendous popularity, the Cougar enjoys a large aftermarket for restoration and performance modification.

Link to full list here: https://www.hagerty.com/articles-videos ... heating-up

- Phillip

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