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Old 14-07-14, 00:22
Jim Burrill Jim Burrill is offline
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Join Date: Feb 2003
Location: Hatfield, PA, USA
Posts: 430
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All true,
But when so few vehicles of any particular type are for sale, the prices for the most recent sales carry a lot of weight.

My wife sells houses. Part of the sale process is to pull the data from recent sales of similar houses in a specific geographic region. If the last sale was from a Sheriff's Sale, or foreclosure, that low price has an adverse effect on the comp values.

I think with our AFV hobby, it goes the other way... A high sales price of one, colors the expectations of the ones that follow.
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