Cars for sale, crazy asking prices????
#1
Thread Starter
Cars for sale, crazy asking prices????
I've noticed on this forum cars priced to sell go fast, I've also noticed many expect a return on mods and reality is mods provide very little, if any, return towards value. They actually, more often then not, detract from the value. I understand the folks trying to get a return on mods, it sucks that they don't increase the value, but that is reality. Here is what I don't get, folks have their cars for sale for way over market value, and I read through their old threads to check the history of the car ( I was a potential buyer before I found mine), and 2 years and 20K miles earlier they bought it for $2-6K less than what they want for it now. And then they wonder why it's not selling. I know these have held value well, but that is ridiculous. 2 years and 20K miles you should be very happy to sell it for only $2-6K less than what you bought it for, not more.
Sorry just a rant/observation I had during my car search.
Sorry just a rant/observation I had during my car search.
Last edited by Carnut12; 04-23-2017 at 05:47 AM.
#2
Good rant. Similar to all the others like it but slightly spicier. 7/10. When this one falls off the first page try again. If you include something about the guys that buy cars from senior citizens and flip them on here for big profit I'll give you a 9.
#3
Thread Starter
Funny I was looking at M Roadster's too and used car dealerships like EAG do exactly that, I guess it is a $5-8K finders fee.
Last edited by Carnut12; 04-23-2017 at 06:33 AM.
#7
EAG bought my buddy's E46 M3 vert for his full asking price when he posted it on an M car forum. People were sending him hate messages for selling it to them. He was like "you all try to lowball me, want me to hold it while you try to get a loan or whatever, offer stupid trades, etc. They give me full price, wire the money next day and send the truck right to my door to pick it up. WTF do you expect me to choose?"
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#8
I agree with the OP. One thing that's always extremely suspicious to me is the seller who spends however many thousands of dollars on an engine build, run it for less than 5k miles then turn around and sell it. I don't see it much on here but on a evo forum I see it often. I'm sure those engine builds plus tuning are not cheap so why would one sell it. Potential problem they don't want to deal with? Maybe I'm just being overly cautious.
#9
One thing that's always extremely suspicious to me is the seller who spends however many thousands of dollars on an engine build, run it for less than 5k miles then turn around and sell it. I don't see it much on here but on a evo forum I see it often. I'm sure those engine builds plus tuning are not cheap so why would one sell it. Potential problem they don't want to deal with?
#10
First of all, you always factor negotiation into your asking. I personally always leave a 20% buffer because it allows you to sell the car easily and pushes away people that won't be buying anyway.
Second, everyone is trying to speculate on car value hoping they are the next E30 M3 or aircooled Porsche. The S2000 has been very slowly appreciating over the past five years, and it will continue to do so. Not that long ago you could get a very clean AP2 from a dealer for 14k.
Z4Ms are more reasonable than the Z3M. I've owned two 07 Imola coupes so far, one brand new and one a year or so back. EAG is cancer, they are hoarding a lot of the nice cars and driving prices up. 200k for an E30 M3? okay.
Second, everyone is trying to speculate on car value hoping they are the next E30 M3 or aircooled Porsche. The S2000 has been very slowly appreciating over the past five years, and it will continue to do so. Not that long ago you could get a very clean AP2 from a dealer for 14k.
Z4Ms are more reasonable than the Z3M. I've owned two 07 Imola coupes so far, one brand new and one a year or so back. EAG is cancer, they are hoarding a lot of the nice cars and driving prices up. 200k for an E30 M3? okay.