Mods, if you feel this is inappropriate for this forum, please feel free to move.

I haven't been around here too long, but I have seen enough similar lines of thought that I don't believe this to be an anomaly.

There seems to be a notion among some of you that what you are buying has some bearing on how you price your car. Scenario: "I have such-and-such on order, some I am asking $x for my car".
First, nobody really cares what you are buying. Second, a car is only worth what a serious buyer is willing to pay. A serious buyer will have some idea of what similar cars are selling for. So, if you are asking $22.5k for a car that can be had for $18k, please don't get your feelings hurt if you don't get any interest. You can bump all you want, but until you face reality, you are going to be sitting on that car. If you wait too long to realize this, you will end up trading your car for your new one and probably get $16k or less.

Recently, a member posted an ad for his MINI and was asking just over trade-in value. He knew that he was going to be getting rid of the car, and knew what he would get on trade, and priced accordingly. I believe that car sold within 24 hours. There is someone with his head squarely on his shoulders. Know your market! If you price a 3 year old MINI with 40+ thousand miles just below what a new one could be had for, you aren't going to get any attention!

Rant #2
Tires. I see a lot of ads for folks trying to unload their OEM runflats and using MSRP as justification for their price. Get real! Ask yourself this: "why am I selling these?" Is it because they are sub-standard tires? We all know this as well. If you want to sell used runflats, you are pretty much going to have to give them away. Why would I pay $500 for a set of substandard tires when I can buy better new tires for less (just like you are planning to do)?

I have seen quite a few things posted for sale here that I might have been interested in, but the price was so far out in left field that it is not worth my time to even respond.

In a free market economy, you are welcome to ask whatever you wish. We are also welcome to ignore you if you have your head in a dark place.

** all price figures are random and are not intended to single anyone out**

<rant off>

 

Cool. Well put.

 

"Tires. I see a lot of ads for folks trying to unload their OEM runflats and using MSRP as justification for their price. Get real! Ask yourself this: "why am I selling these?" Is it because they are sub-standard tires? We all know this as well. If you want to sell used runflats, you are pretty much going to have to give them away. Why would I pay $500 for a set of substandard tires when I can buy better new tires for less (just like you are planning to do)?"

Sorry, but you get a "golfclap" here. I'm very happy that you can go buy "non-substandard" tires. But honestly some people want the runflats as a piece of mind. I'm sorry you don't agree with this, but you have your "head stuck in the dirt". . As far as peoples feelings getting hurt that's their problem and not yours.

Lets see do you buy gas? Do you go in screaming at the pump attendent because you bought gas and just down the streat it was 10cents cheaper? NO? Then go home and sit down please. Maybe you need to take a little "chill pill".

 

Sounds as if you passed ECON 101 and ECON 102. Good job.
It cracks me up when someone says "This product is worth $200, but I'll let you have it for only $29.95." If he'll let it go for $29.95 and you are willing to pay that price, then its worth $29.95 to you. If I'm not willing to buy it for that price, then it's not worth $29.95 to me, let alone his claimed value of $200.

 

Dude ... you need to repost this in the RANT thread where people are more likely to see it.

First part is OK, economics 101, just remember, everyone wants a bargain.

Second part, not so OK. Whats gold to you is lead to others. Just because YOU do not like RFs does not mean the "masses" do not like them.

Want a RANT, here's one. This is an "enthusiasts" board, therefore your opinion may be slanted in that direction. That does NOT reflect, most likely, the opinion of the masses.

I am only trying to point out, that your last part is a matter of opinion, not fact

 

These are all well put comments.
I think one reason some people are out of touch with the true value of their car is that they realize to late that the mods they spent tons of money on, normaly add nothing to the value of the used car.
Sometimes these mods actually reduce the amount the car can bring, because people wonder if the car has been hot-rodded.
Comming from the Harley Davidson motorcycle experience. I found many people spending more money on mods than the original purchase price, with no value added at time of sale.
I will mod my Mini heavily ....But for my own enjoyment. Knowing that my reward is in the Mini driving experience, not in the hopes of increased value.

 

But the market will speak, and if the sellers care to listen, they'll learn.

Matt

 

Never a true'r word said.

 

Thanks, I feel much better now.

 

One great thing about all of these opinions...it shows we really care. I think all of you are right. The bottom line is when we are selling we want as much as we can get and sometimes it will be more than what we will get. When were are buying we want to buy as cheap as we can and sometimes it will not be as cheap as we had hoped.

That's the reality of it all.

 

17" RF's in the market forum at $150 each (that would be $600 for a set) are generating very good interest. Hmmmmmm?

 

FS: '05 MCS 195,000 miles $42,000. (with out K&N filter $41,000.)

Take it or leave it! :impatient

 

RFs suck. And after seeing a few people ruin RFs trying to get them off the rim, I would never buy used...wait a minute, I'd never buy new unless they were already on the car.

Oh, here's a set for $425 and NO interest....https://www.northamericanmotoring.co...ad.php?t=59565