Am I asking for too much?
#1
Am I asking for too much?
<a href="http://home.earthlink.net/~mmjanisch/944.htm" target="_blank">Click here for My Link</a>
Guys, I've had my 951 up for sale for over 2 weeks, and haven't had a single phone call or email. I have it advertised in autotrader, with the URL to the above web page in the description. I haven't actually sat down and added up all the reciepts, but I feel I can safely say I have over $16,500 invested in this beast. I've only had it for 15 months.
Could you check it out and give me your honest opinion. Am I asking for too much money? Is ebay a good place to sell it? Please give me your feedback.
Thanks,
Jimmy C.
Guys, I've had my 951 up for sale for over 2 weeks, and haven't had a single phone call or email. I have it advertised in autotrader, with the URL to the above web page in the description. I haven't actually sat down and added up all the reciepts, but I feel I can safely say I have over $16,500 invested in this beast. I've only had it for 15 months.
Could you check it out and give me your honest opinion. Am I asking for too much money? Is ebay a good place to sell it? Please give me your feedback.
Thanks,
Jimmy C.
#2
Race Car
Wow you have a gorgeous car. I love black 944 Turbos.
I think the asking price is high [based solely on mileage] if you wish to sell the car quickly. Otherwise keep your asking price firm because your 951 is about as clean and mechanically perfect as they come.
Just gotta wait for the right buyer who appreciates the car to fork over the cash.
Good luck!
I think the asking price is high [based solely on mileage] if you wish to sell the car quickly. Otherwise keep your asking price firm because your 951 is about as clean and mechanically perfect as they come.
Just gotta wait for the right buyer who appreciates the car to fork over the cash.
Good luck!
#3
Burning Brakes
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Yes, you are. The fact that you have a lot invested just shows that you can't get back what you put into a 951.
It has these factors going against it: 116k miles, original turbo, original bottom end, non-S.
I'd say that $12k is closer to reality.
Really nice looking car, good luck selling it!
It has these factors going against it: 116k miles, original turbo, original bottom end, non-S.
I'd say that $12k is closer to reality.
Really nice looking car, good luck selling it!
#4
Well, the main question is; How fast do you want to sell it? If you wan to sell it fast then yes, I would price it closer to the 10-11k range. If you don't mind waiting, then someone will come along and buy it at your current price.
I had a friend who owned a sportscar lot in Roswell whom had a great saying: "There is a butt for every seat on the lot, I just have to find it."
He sold his cars at a premium price. (Only about 60% were worth it.)
I had a friend who owned a sportscar lot in Roswell whom had a great saying: "There is a butt for every seat on the lot, I just have to find it."
He sold his cars at a premium price. (Only about 60% were worth it.)
#6
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Don't forget: what you put into the car, while important to you, is virtually irrelevant to the market. By all means list your maintenance, upgrades, etc. However, it only ADDS value over the typical market price for your model/mileage when you run into a buyer who happens to care, and he may not exist.
YMMV
Al Nelson
YMMV
Al Nelson
#7
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Proper maintanence will help you sell your car and justify holding firm on a price, but you can't add "value" to it just because it has all new belts/waterpump/etc. Take a carefull look at your list again and make an honest decision about what it maintanence and what is truly an upgrade (like the CD player). Also keep in mind that some "upgrades" are not attractive to other buyers, so they really don't add value.
It's a beautiful car, truly. But you'll have to price it a bit closer to market value to sell it.
I know, kind of a bummer... <img border="0" title="" alt="[Frown]" src="frown.gif" />
It's a beautiful car, truly. But you'll have to price it a bit closer to market value to sell it.
I know, kind of a bummer... <img border="0" title="" alt="[Frown]" src="frown.gif" />
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#8
Thinking outside da' bun...
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Looks like a great car. Lots of good money into it too for someone looking for extras. I think the mileage may be scaring a few people off. But I dont think you are way off in price either. You are probably just not targeting the right buyer for the car. Someone who just wants a 951 to schlep around in probably wouldnt be interested. Someone who wants to pay a premium for a well cared for example with extras (Im one of these buyers when I shop), would be.
Id drop the price to $13,900. You are only droppig it $400 or so but $13,900 looks $1000 cheaper than $14,350 because people are stupid. Its the 0.99 pricing principle at Wal-Mart in action. People wont pay 1.00 but they flock to pay 0.99.
Unless you need to dump the car quickly, Id sit on it. Sometimes it takes a while to find the right buyer. Well cared for examples always (adn should) demand a premium. You have to find someone willing to pay it though. Many dont want to. But they are out there. And you dont want to give up too soon and just give the car away. Patience. If I didnt have my cars, yours would seriously interest me. The final price would be hammered out somehow.
Ive seen and test driven enough Porsches that were total utter pieces of crap to know great examples are not on every street corner. If you want a little more in a car, you have to pay for it. Id even go as far as saying well maintained Porsches are not easy to come by either. Ask a lot of owners when they had their timing belt and water pump replaced and they will say "Uhh, I dunno, I'll have to get back to you on that." Most Porsche owners are not as neurotic about Porsches as us Rennlisters.
Id drop the price to $13,900. You are only droppig it $400 or so but $13,900 looks $1000 cheaper than $14,350 because people are stupid. Its the 0.99 pricing principle at Wal-Mart in action. People wont pay 1.00 but they flock to pay 0.99.
Unless you need to dump the car quickly, Id sit on it. Sometimes it takes a while to find the right buyer. Well cared for examples always (adn should) demand a premium. You have to find someone willing to pay it though. Many dont want to. But they are out there. And you dont want to give up too soon and just give the car away. Patience. If I didnt have my cars, yours would seriously interest me. The final price would be hammered out somehow.
Ive seen and test driven enough Porsches that were total utter pieces of crap to know great examples are not on every street corner. If you want a little more in a car, you have to pay for it. Id even go as far as saying well maintained Porsches are not easy to come by either. Ask a lot of owners when they had their timing belt and water pump replaced and they will say "Uhh, I dunno, I'll have to get back to you on that." Most Porsche owners are not as neurotic about Porsches as us Rennlisters.
#9
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To answer the second part of your question, I think that eBay would be a good option to try. I don't really know of any other forum where it can get the level of nationwide (and worldwide) exposure that eBay can give. You can also get lucky if several people get into a bidding war, as they just have to have your beautiful car. I haven't really checked the costs of listing a car on eBay lately, but as I recall they weren't too bad.
Start it out low, and put a reserve on it. If it doesn't meet the reserve, then at least you will have a better understanding of "what the market will bear." Also, you have the chance after the auction ends that someone e-mails you to get your "bottom line", and a deal can work out from that.
Good luck,
Tom
Start it out low, and put a reserve on it. If it doesn't meet the reserve, then at least you will have a better understanding of "what the market will bear." Also, you have the chance after the auction ends that someone e-mails you to get your "bottom line", and a deal can work out from that.
Good luck,
Tom
#10
Burning Brakes
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Yeah, having just shopped for a 951.
I feel I know the market pretty well.
A lot of 951 owners ask way too much for their cars because they love them. In the beginning I made them
decent offers, but after a while I just stopped bothering.
The deciding factor is that if you invested $10k in it, then you might expect to get another $1000 to $2000 out of those investments.
On the other hand, the cars arent really depreciating anymore, so if you have time to wait.
Just wait, you might find a buyer that really wants what you have and is willing to pay more for it.
Good luck.
I feel I know the market pretty well.
A lot of 951 owners ask way too much for their cars because they love them. In the beginning I made them
decent offers, but after a while I just stopped bothering.
The deciding factor is that if you invested $10k in it, then you might expect to get another $1000 to $2000 out of those investments.
On the other hand, the cars arent really depreciating anymore, so if you have time to wait.
Just wait, you might find a buyer that really wants what you have and is willing to pay more for it.
Good luck.
#11
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I like the $13,999 idea. When I do a search for cars on Autotrader, I often put in a limit ($10k for an S2, for example). Someone with a GREAT car asking $10,500 wouldn't come up in my search...
So, if you lower to under $14k, I bet a lot more people will bring your add into their searches.
Just a thought...Good luck!
PS--$16k in a year?? Yikes!! Hence why I wont be buying a turbo anytime soon!
So, if you lower to under $14k, I bet a lot more people will bring your add into their searches.
Just a thought...Good luck!
PS--$16k in a year?? Yikes!! Hence why I wont be buying a turbo anytime soon!
#12
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Seriously, maybe I didn't read the link carefully enough, but why don't u sell the civic and make this your daily driver? Its a gorgeous car, and would be a shame to give up now....
#13
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That is one of the best examples I've seen. Wish that was available when I bought mine. That being said I think the turbo market is between 7k-12k today. There are always cars outside of that range, but in a down economy and a car that has over 100k I doubt many people are getting more than 13k for their cars. I would say the majority of nice turbos i see sell for around 10k plus or minus.
Whoever gets it will be one happy customer though.
Whoever gets it will be one happy customer though.
#14
It'll be worth it to the right buyer and they will get a good deal by saving all the maintenance items they'd have to put into a lesser example.
I paid way too much for my na last year, but it was worth it because it's been super reliable with no unexpected maintenance costs to date (I know, I'm jinxing it by typing it).
Lower it to 13,900 for the reasons mentioned above and then wait for the right buyer. Maybe advertise it with the local PCA. You'll get folks who know it's over market, but they may understand the savings they'll realize on a well-maintained 951. Good luck.
I paid way too much for my na last year, but it was worth it because it's been super reliable with no unexpected maintenance costs to date (I know, I'm jinxing it by typing it).
Lower it to 13,900 for the reasons mentioned above and then wait for the right buyer. Maybe advertise it with the local PCA. You'll get folks who know it's over market, but they may understand the savings they'll realize on a well-maintained 951. Good luck.