What’s it Worth?

’67 Volkswagen Beetle — What's it Worth?

This article was submitted by a reader and friend of 1967beetle.comMike Buettell. A huge thanks to him for taking the time to compose such valuable content. We’d like your feedback. Please chime in below.

I’m sure all of you at some time have asked: I wonder what my 1967 Beetle is worth?

The recent posting here of that beautiful Zenith Blue Beetle for $29,900 at Crevier Classic Cars in Newport Beach begs the question; is it worth it? To answer that question, I went to the Price Guide Report at Hagerty Insurance for guidance.

  • According to Hagerty, a condition 1 (essentially perfect) ’67 Beetle in early 2012 was worth $17,000. Today, they say $24,000.
  • A condition 2 (almost perfect) in 2012 was $13,000. Today it is $17,000. Condition 3 and 4 cars (drivers) have held constant in the $5,000 to $8,000 range over the past few years.

So, where are prices headed? It’s my opinion that “drivers” will rise slightly in the future? Why? The law of supply and demand. Stock ones are getting harder and harder to find, but they are out there. Condition 1 and 2 Beetles, on the other hand, should appreciate about 10% a year for two reasons.

The ’67 Beetle is the best car VW ever made (I’m obviously biased). Just try and find a “show” quality one!

Unless you have a shop and a lot of time and talent, paying to take a driver to “show” condition can easily cost $15,000-$20,000, or more. That is if you can find a top quality restorer who doesn’t have a year backlog of vintage VW buses and 356 Porsches he needs to finish. Do the math. If you want a condition 1 car, it’s cheaper to find a guy who has already done the resto and now needs to sell, than pay for a restoration yourself.

So, what do I think the Crevier L639 Zenith Blue is worth? In the words of Kieth Martin (Sports Car Market) I’d say, “$25,000 would be a fair deal for both buyer and seller.”

Now, let’s hear your thoughts.

The Finishing Touches for Your Vintage Volkswagen™

Eric Shoemaker

I created and curate 1967beetle.com. I own and restored a 1967 VW Beetle that my Grandfather bought new. Have a question? Own an air cooled VW? Say hello!

10 Comments

Kevin Morrison

about 10 months ago

Thanks for that info Eric. Even my #2 totally stock sea blue 1300 sedan has gone up quite a bit these last four years. I currently have a 14K replacement value on it with Hagarty.

Reply

Eric Shoemaker

about 10 months ago

Sure, Kevin!

Reply

timm

about 10 months ago

After reading this article Beth wants me to go buy that 67 in Encinitas.

Reply

Eric Shoemaker

about 10 months ago

Tim, Yes, please do! I just so happen to know the #1 source for '67 Beetle knowledge.

Reply

Eric Shoemaker

about 10 months ago

Taken from Hagerty's Valuation Guide Vehicle Condition 1 Condition #1 vehicles are the best in the world. The visual image is of the best car, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the car has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 cars is "concours." Vehicle Condition 2 #2 cars could win a local or regional show. They can be former #1 cars that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and interior will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine compartment. The vehicle will drive as a new car of its era would. The one word description for #2 cars is "excellent." Vehicle Condition 3 #3 cars could possess some, but not all of the issues of a #4 car, but they will be balanced by other factors such as a fresh paint job or a new, correct interior. #3 cars drive and run well, but might have some incorrect parts. These cars are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. "Good" is the one word description of a #3 car. Vehicle Condition 4 #4 cars are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the fender has a minor dent. The interior could have split seams or a cracked dash. No major parts are missing, but the wheels could differ from the originals, or the interior might not be stock. A #4 car can also be a deteriorated restoration. "Fair" is the one word that describes a #4 car.

Reply

jay salser

about 10 months ago

It is worthwhile noting that there are factors which can "perturb" the value of a vehicle--such as the SunRoof Edition. Usually these cars have an intrinsic value higher than that of a car without, in this case, the SunRoof. Also, the values above, I believe, are indicative of the Sedan and not of the Convertible Models. Convertibles traditionally fetch more at the sales. jay

Reply

Mike Buettell

about 10 months ago

Jay is completely correct. Here is the Hagerty price guide for '67 Verts They say a condition 1 Vert is worth $39,000 ! http://www.hagerty.com/valuationtools/HVT/VehicleSearch/Report?vc=891099

Jody Sauvageau

about 10 months ago

Your right Jay, under vehicle value details there is a note to add +7% for the sunroof sedan...yay!

Sam Glenn

about 10 months ago

Just makes me more proud to be the owner of these awesome cars. Thanks for sharing that with us.

Reply

Eric Shoemaker

about 10 months ago

Sam, Thanks for following our efforts.

Reply

Leave a Comment

Leave a Reply

%d bloggers like this: