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A dealer has what appears to be a very nice 1965 Oldsmobile 98 convertible listed for sale at $21,000 (see link above). I talked to the dealer about this car and it reportedly is very nice - and the photos I received bear this out. Naturally, the dealer feels this is one of the nicest, if not THE nicest '65 98 convertible in the county. And, I have no reason to doubt him at this point. Everything, with the exception of the clock, reportedly works.
However, I'm thinking $21K is way above it's market value. I don't have the book in front of me now, but last night I looked up this car's value in the latest issue of the CPI (Cars of Particular Interest) book. As I recall, CPI shows an excellent 1965 Olds 98 convertible to be around $10,000.
I mentioned this to the dealer and he told me that CPI was consistently low on their values and that if I was using CPI as a basis for my values that I would never, ever buy a car - the implication being I would not be able to find anyone willing to sell a nice car that cheap.
I don't want to bash anybody here (ie, the dealer). But, I would appreciate some informed feedback about a reasonable value for this car.
Gentlemen, the floor is yours . . . .