HOW??? Do you all come up with asking prices???

Porter 53 ; Yep ,,your right ,,it's what's fair to both party's ,,if it fits in my range ,,and fits in yours ,,, a deal is made ,,,if not ?? ,move on ,,
there's a million kool cars n trucks out there fer sale ,,,some nice ,,,some not so nice ,,,it's whatever "trips Your trigger" ,,or ,,,in old school terms "Whatever Flops Your Mop" ,,

 

I generally just try to figure out how much I need to s****e together to pay the bills for the month and maybe get a six pack of beer or two, then go from there. . .

 

check NADA for cl***ic cars, look at what cars are selling for in your area(Craigslist), etc. remember, the economy ****s and depending where you're at, prices could be down 30%. i've got a friend with a split window 63 loaded up vette which according to Hemmings list at $104k and he is asking $65k.

 

This method always seems to work for me!

 

you gain money on using the word "rat rod" in your ad..

you lose cool points for using the word "rat rod" in your ad..

... i still dont know why they think its a good nomenclature.

i blame it on the VW crowd.. ahaha

 

Dont know about selling but buying reminds me of the scripture - it is not, it is not says the buyer, then he goes away and brages.

 

I did a few searches for car prices.... this seems like one that might be appropriate...

I was looking at the craigs list in my area.... and found this....


http://vancouver.en.craigslist.ca/van/cto/2998060740.html

I know the recession is not as bad here...but this seems like a very high price to me... seems he doesnt....

 

Can't comment on the price, but how do you spend 14k on a transmission rebuild? Put gold in the clutch packs I could understand if it had something to do with racing, but a stock 302 can't put out that much power.

 

I thought he meant 14000 kilometer's ..... about 10000 miles... and thought that was a bit odd.... but after reading it... you could be right....

maybe his calculator in metric too..lol....

 

I price my cars based on knowing what the market is, that involves doing research on all of the available selling sites, and price them accordingly.
People ask all kinds of crazy prices, which is their choice..but, if they really want to sell it, they will need to have a reality check.
Buyers of old cars aren't as stupid, or un-informed as some people believe.

 

For the few I sold I researched like crazy then was honest with myself on the condition of the car - they all aren't #1 condition show cars - set the price ***uming a 10% negotiation margin then be nice to all interested parties - even the wackadoos. A savvy buyer will be evaluating you as much as the car. The more off the norm a car is the harder it is to price. A few months ago at Garlits I saw a factory 4 door 55 Chevy convertible. How do you price that?

 

I am right with you!....got my 62 Galaxie rag for sale, great running Texas car needs paint and upholstery...but lots of engineering done a real good car and NO takers, can't get the cost of parts never mind labour????

 

We sold a very complete '36 5 window coupe minus an engine and trans for 7,800 and to be honest; we probably lost money on it because we sent along the parts we bought for it in the process of owning it (over a grand worth of parts). I can't count the number of people who told us we were practically giving that car away; and if it was 5 years ago; it wouldve sold for double. Unfortunately; despite what we were told, there was a lot of interest in it, but not many serious buyers. It seems to me that people today expect to get a whole lotta something for next-to nothin'. Our '36 needed work; quite a bit of work but the body was free of dents, fenders were in nice shape, and it had everything from the orignialy headlights, gauges, steering, etc. it was all there and how often do you come across one of those? I understand the economoy and i understand that there is a lot of overpriced junk out there being advertised, but most people are just trying to re-coupe some of what they spent and move on

 

My rule of thumb on coming up with an asking price is using "role reversal"
Look at the car from the serious buyers standpoint....
Ask yourself; "if I were buying this car what would I be willing to pay for it?"
If you are asking $15K for a car that you would not even give a second look at....what do you expect others to do?
Most cars out there for sale you could not build to the same condition for the asking price....then there are those priced at that are not worth a second glance.
If you expect to generate a sale....look at it as "what would I pay for it?"

 

There ya go! That's the beauty of a free market. You price a car at what you want to get for it and if a buyer thinks it's worth that much, then it gets sold. It's not very complicated.

There will always be sellers that are trolling for a ****er. That doesn't mean they'll find one.

 

Regardless of price if I like the car I will make an offer if it's not flexible I'm gone.
as for the way I price my stuff depends on how bad I want to get rid of it. that only happens about once every 20 years.

 

Had an older 4x4 truck that I wasn't sure I wanted to sell but listed it on several appropriate sites at what I thought was a more than fair price just to see if someone would run here and get it. I mentioned that if no one bought it in the first week I was going to raise the price, just to motivate any lookers. I got several serious inquieries and probably had it sold but I backed out before he spent any money coming to look at it. Point is, I wasn't serious about selling it. On the day I listed it, I would have let it go, but the longer it stayed on the market, the more I thought I would regret selling it. So I didn't. Bottom line: some people don't really want to sell. In my case the price was fair because at first, I thought I wanted it gone. Some people know up front that they don't want to sell; they're just seeing if they can reel in someone who can't live without it.

 

all that is good, but it seems every time I try to sell a car or parts based on what the market says, people laugh at me. I had a set of artillery wheels 16" 6 lug asked 80 for pair. People offered 30. where in the world can you buy them for 30. I would rather them rot then give em away. but seems everybody else can get triple what I ask go figure, must be my charming personality!!!

 

Greetings from Nigeria. As the King of Nigeria, I find myself to be wanting a vehicle of the quality that you have please listed. I am issuing you a personal check from the account of meself drawn on the First Bank of Joe. As you will note, the check is in the amount of 575,000 US dollars. Please ship me the car as soon as possible. Pleas for you to pay the shipping out of the check. Because of the urgent nature, I would ask that you send me the car post haste along with a certified money order with my change. Yous have my permission to kep $50,000 for your efforts.

 

every car I've ever sold I have had some ***hole tell me it was overpriced. for some reason they think I am interested in thier opinion, or I care about a car equal to mine that was sold for much less.

funny, I've had about 40 old cars over the years and only have 2 now. guess they weren't overpriced after all.

 

That IS SWEEEEEET!!!!!!!!!

 

What goes around...comes around, wait till the guy that bought your 36 actually builds it (probably about another 4 or 5 owners..seems to be the way) He will put double or triple the time and effort than expected into the build and end up selling for 40 cents on the dollar. If you want a cheaper car...buy it don't build it!!!

 

well i cant sell ****. i loose everytime i sell something so i have change the way i do things.i keep the cars. and parts.i cant remember the last time i sold a car!so now i have a bunch of cars that all need something.lol but some do drive.and im still buying bodies.dont know why, just do.now im going toreally piss off alot of you guys . but i dont think there is a car out there worth 50,000. or more.i guess im stuck back in the day but 50,000 for a car. hell thats more than i gave for my place and its pretty nice here.but , you gotta pay if you want to play.so i just keep paying, and paying and paying.

 

Take the weight, convert it to gold, and $$$

 

Agree to that thinking

 

I find selling price (and selling it in general) is often dictacted by timing more than anything. The time something actually sells is when there are no other comparables in your area, or website your selling on. Then if its listed at a time when people have money to spend like tax refund season, The one guy looking for what you have will find you.
If there are no other comparables, the buyer will have to make a real good legit decision as to its value. The value then becomes a percentage of duplication or "cost to build it" instead of the comparable approach - which is most often higher than comparables. Then factoring in cost of time to search, find, ship a comp, value of yours is increased. Buyer gets a good deal as he couldnt build it for that, and you get to sell your car at a fair price. The more comparables, the less its worth IMO.

The 50% of what you have in it is a good rule of thumb too

 

#1 Buy junk cheap #2 Run it thru the $5 carwash and they va***e it and clean the windows #3 Take to Earl Sciebe #4 Advertise it for big $$$ #5 There was one just like at at Barrett Jackson so it has to be worth that much too! DISCLAIMER; this was only tounge in cheek, offer does not apply to readers who take life to serious...

 

I have never sold a car on eBay. Sold many many collectible cars on CL. Next time, I am listing a collectible on eBay with a hidden reserve (what I feel it's worth). The selling price (highest bidder) will determine market value.

 

I'm terrible at selling cars, I always lose money. I sell them for enough to pay the bills, or ask slightly more than the next project I have my eye on so I can buy that. I try to price them so if I saw the ad on cl I would grab cash and try to be the first guy there. I never have stuff For sale long and I'm always told by the buyer what a good deal it is so I feel fine about losing money.

 

I don't know. I seem to buy high and sell low.

Apparently a penchant for ******y is required.