


Just ranting a bit
Started by Kim, Apr 15 2011 03:32 PM
29 replies to this topic
#21
Posted 18 April 2011 - 10:51 AM
Selling cars - I love it and its easy. Here's how. The car is not worth anything what you think it is. It's only worth the market price in the surrounding 50 miles. Look for the same car prices and you'll know pretty fast what the car is worth, then sell it at $1000 less and its gone in 10 days. Done deal. I would rather lose the $1000 and move on the next thing that's caught my eye.

#22
Posted 19 April 2011 - 06:47 AM
Ben,
That beemer you sold looked like a good deal ! I generally feel the same way with selling cars. I have always had good luck. It's not hard to sell if you are reasonable and you have a cared for vehicle....
That beemer you sold looked like a good deal ! I generally feel the same way with selling cars. I have always had good luck. It's not hard to sell if you are reasonable and you have a cared for vehicle....
Edited by ebarone968, 19 April 2011 - 07:02 AM.
#23
Posted 19 April 2011 - 07:06 AM
Don't get me wrong... You always get the let's make a deal guy trying to make a cheap score. I don't negotiate over the phone. You can tell who is really looking for what you are offering for sale. The 968 is a rare bird and most people don't know what they are dealing with unless they are specifically looking for the 968
#24
Posted 19 April 2011 - 07:33 AM
" It's only worth the market price in the surrounding 50 miles. "
In a general sense, yes. However, the car is worth whatever any given buyer is willing to pay for it, regardless of the market price.
I was offered $ 25k not too long ago by someone who had a blue 911 and a blue 928, and wanted a blue 968.. he did not care what the 968's market value was. He saw my car and wanted IT. People looking specicically for a 968 as opposed to those who are just "shopping" for a sports car or a Porsche of some sort of another, are likely willing to pay a lot more than market value for it, though regretfully there are no more than a handful of such people... so reality is that if you want to sell your 968, 99.9% of the potential buyers will be those shopping around for deals, and not someone focused on / obsessed with buying a 968..as I was, when I bought mine.
In a general sense, yes. However, the car is worth whatever any given buyer is willing to pay for it, regardless of the market price.
I was offered $ 25k not too long ago by someone who had a blue 911 and a blue 928, and wanted a blue 968.. he did not care what the 968's market value was. He saw my car and wanted IT. People looking specicically for a 968 as opposed to those who are just "shopping" for a sports car or a Porsche of some sort of another, are likely willing to pay a lot more than market value for it, though regretfully there are no more than a handful of such people... so reality is that if you want to sell your 968, 99.9% of the potential buyers will be those shopping around for deals, and not someone focused on / obsessed with buying a 968..as I was, when I bought mine.

#25
Posted 19 April 2011 - 08:47 AM
I just flew from upstate NY to VA to buy mine...
#26
Posted 19 April 2011 - 08:58 AM
I don't necessarily agree with the limited distance on these cars either. I flew to MN to buy mine and drove it back to Jersey, and I flew to Boise, ID to get my first one from Delaware. It was well worth it. Not every buyer is willing to do so, but I don't limit Porsche purchases to the local area. Finding what you want in that case would be difficult at best. Many 968 buyer are the same way. If you get lucky and find what you want locally, bonus.
#27
Posted 19 April 2011 - 09:22 AM
Agree. Frank said it best that this car is limited supply and limited demand. All 3 of my transactions were interstate. 450, 2000, and almost 3,000 miles separated buyer from seller. And these were not terribly expensive cars to begin with. Just shows you what a bunch of nuts we are.
#28
Posted 19 April 2011 - 09:24 AM
Just shows that when advertising your car for sale, you need to put it out there to the broadest audience possible, and not list it in the local paper.
#29
Posted 20 April 2011 - 05:33 AM
Agreed. I'd modify that to say not just listing it in the local paper. I use Autotrader, here, and as a last resort E-Bay. I actually found my 996tt on E-bay, but went to see the car first hand to purchase.
#30
Posted 20 April 2011 - 05:45 AM
Yes, a listing on CraigsList (searchable countrywide using something like CrazedList or SearchTempest), and an ad on something like eBay, understanding that the car may not sell within the duration of the first listing, but it will generate widespread knowledge of the car and its status of availability.
Case in point - how many times do we post here "Hey, I saw this blue 968 Cab for sale in my area for anyone who's interested."
I used CrazedList to find cars for sale in Western New York, Eastern Massachusetts, and Connecticut. I did not end up purchasing them due to their condition (the buyer's reverse challenge of sellers creatively describing the condition of their cars) but I did have to use a national venue to cast as wide a net as possible, knowing that limiting my search to local venues only would not likely turn anything up.
Case in point - how many times do we post here "Hey, I saw this blue 968 Cab for sale in my area for anyone who's interested."
I used CrazedList to find cars for sale in Western New York, Eastern Massachusetts, and Connecticut. I did not end up purchasing them due to their condition (the buyer's reverse challenge of sellers creatively describing the condition of their cars) but I did have to use a national venue to cast as wide a net as possible, knowing that limiting my search to local venues only would not likely turn anything up.
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