Excellent Condition Nearly perfect condition. The vehicle has usually been professionally restored to the current highest standard, but a few exceptionally well cared for originals may qualify. All components are original or are exact replacements. Most excellent cars are not driven more than a few miles per year, if at all. There are vehicles, usually due to an interesting history or special circumstances, which will sell for more than CPI's excellent figure, but these are extremely rare and would require extensive documentation.

Good Condition Very nice condition. In fact, most casual observers would describe the vehicle as excellent. "Good" cars show very little wear and are driven sparingly. Many are used as weekend drivers. Many older restorations fall into this category.

Fair Condition Presentable condition. Runs and drives and will pass a state inspection. Maybe be driven on a daily basis. Generally in need of a cosmetic restoration, but not a "basket case", or parts car. There are many cars on the road that fall below CPI's "fair" category, and will be priced accordingly. These are commonly referred to as "beaters" and usually not worth restoring, as the restoration costs will almost certainly exceed the value of the finished vehicle.