Off-topic Talk Where overpaid, underworked S2000 owners waste the worst part of their days before the drive home. This forum is for general chit chat and discussions not covered by the other off-topic forums.

Why remove prices when sold!?

Thread Tools
 
Old May 14, 2010 | 04:02 PM
  #1  
Orpheus's Avatar
Thread Starter
 
Joined: Jun 2008
Posts: 1,402
Likes: 2
From: CA
Default Why remove prices when sold!?

Alright this bugged me forever... I just saw 3 Moton!!! coilovers sold in the racing fs forum, but NOT A SINGLE F'ING PRICE--how the heck do I know what is a good price for these!? tell me, why the f do people write "SOLD" over the original prices given in FS threads!?!? I mean, don't we want people to be able to accurately judge the market price of an item?

It seems so contradictory to me that the policy forces a person to post a price, apparently to avoid auction-style sales. Yet, the sales policy encourages the following:

1. People to give offers over pm/email and "lowballing." Can you blame them?--people can't cite market price.
2. People to attack the seller for overpricing. Come on guys, can you truly overprice if in a capitalistic market price would be adjusted by demand? If someone is willing to pay...... and heck, who knows what is the right price anyway since they're all covered up!

Auctions are used to arrive at the true market price. If for whatever reason people do not like auctions (another topic--but I don't get that either since auctions arrive closest to true market value), then.... could we at least not cover up prices so people can give educated starting prices and offers???
Reply
Old May 14, 2010 | 06:10 PM
  #2  
zzziippyyy's Avatar
20 Year Member
 
Joined: Mar 2005
Posts: 78,840
Likes: 7
From: On yo puter screen
Default

100%
Reply
Old May 14, 2010 | 06:40 PM
  #3  
Stealth Operator's Avatar
Registered User
 
Joined: May 2002
Posts: 917
Likes: 1
From: 33.87°S 151.21°E
Default

There will never be an all rounded solution. Every forum has their own practices and ultimately translates to trying to give everyone a fairer go.

The way I see it. When a price is posted up, that is how much the seller is expecting to get for the transaction, it should not be interpreted as the starting bargain mark (I know of this Honda forum which is strung full of anal lowballers, while the owners of the forum no doubt helped to achieve that kinda market environment. It is highly regrettable and only push sellers to put a higher price for haggling room, more timewasting if you ask me, but whatever works will be considered the norm).

How often does the seller achieve the intended selling price is definitely very subjective.

(a) If there is someone else selling the same product of similar condition. Supply indicative is there, that will no doubt push the demand price down. Unless some kind of unspoken collaboration is there between different sellers, willing to stand their ground and not budge on prices, then buyers have no room for maneuver and simply have to pay the commanded price.

(b) Nobody at "that point in time" is interested in buying the item. The seller is forced to reduce the price or start opening up to reasonable offers (OBOs) bringing the price down to get rid of it. Or continue to stand their ground until they get the selling price they want.

There is no such thing as "auctions used to arrive at the true market price", market value is all about supply & demand, how can one call an average fixed pricing when the supply & demand is always a moving target?

The auction market itself is skewed significantly, an online auction vs a real auction will also see very different intended results. Many people think that an auction fetches a higher price in most conditions of sales, but in reality that is only applied when you have more than one person who truly wants it at all costs and will pay whatever price to get it.

Otherwise when it comes to auctions, some a$$hat is always gonna be doing shilling for the hell of it.
Reply
Old May 14, 2010 | 06:45 PM
  #4  
CKit's Avatar
Former Moderator
 
Joined: Aug 2004
Posts: 14,729
Likes: 8
Default

New are $5000.
Used are between $2500 and $3500 depending on the freshness of the revalving.
Shipping is ~$30.

Sometimes months will go by and sometimes there will be three sold in rapid succession. Supply and demand. If you "need" them and nobody's selling, anything under MSRP is a good deal.
Reply
Old May 18, 2010 | 12:46 PM
  #5  
//steve\\'s Avatar
 
Joined: Sep 2006
Posts: 10,465
Likes: 52
From: ATL
Default

I also hate when people take pictures down after an item is sold.
Reply
Old May 18, 2010 | 04:29 PM
  #6  
s2k aok's Avatar
Registered User
15 Year Member
 
Joined: Mar 2008
Posts: 4,616
Likes: 2
From: Lompoc CA
Default

yeah, pictures/prices are great historically for reference, i always left everything up and just wrote sold on the last post of the thread...
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
martha
Money and Investing
10
Nov 1, 2007 04:52 AM
PearlwhiteS2k
Money and Investing
0
Oct 21, 2007 09:39 PM
clawhammer
Off-topic Talk
10
Jun 21, 2007 08:12 AM
WyattH
Money and Investing
11
Mar 28, 2007 02:36 PM
mingster
Off-topic Talk
3
Jun 1, 2003 06:02 PM




All times are GMT -8. The time now is 10:21 AM.