How do we value our cars?

Jim Lusk said

I can tell you from looking at the pics and deducing what it looked like before the accident that you had, at best, a $5k car (in my opinion). I'm not sure on the quality of the paint itself, but the area below the cowl was not finished well and it is a slant car, which will reduce the value...

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The area below the cowl and into the engine had not been finished yet. There were still things that needed to be done but I did put a stated value. As I said I had about 9-10k into the car with parts factoring labor I figure another 3-4k. So my stated value of 18-20k is a little higher than the value. Hopefully I will be able to get enough back. I have found several places with the parts and hopefully a few more cars (parts or project or both).