Projects Trade vs. Sell pricing question...

I'm a wheeler dealer type guy that likes to trade around on old cars. As anyone else would, I like to trade up or at least even. Can anyone tell me what would make a person think his vehicle is worth one price cash.... then some other, WAY more expensive price as a trade? What makes your car more expensive or worth more to the potential customer if you decide to trade vs. buy straight out?

I see this all the time but have yet to figure out the thinking...?

For example: Sell $10,000 or trade for $15,000 worth of your stuff and money. Just makes no sense to me.

Enlighten me on this way of thinking.

 

Cause cash is KING man! Haha.

I guess they're putting a premium price on having to deal with a trade, unless it's just exactly what they want they've got to deal with selling it, and you never know what stuff's gonna bring.

Make any sense? Not saying I agree, just saying...

 

I'm not saying I agree with those peoples thinking, but I can understand it.

I've traded in and out out of a few old rides and had TONS of trade offers on cars I've sold.

"Cash is King" so that is the ideal situation.

A lot of the trade offers you get are for cars that the guy has tried to sell for the last six months or longer and hasn't been able to. He then starts shopping around for what he can trade for his ride.

More times than not, the reason his car hasn't sold is because it was over-priced.

So I'd quess that your example should read: Sell $10,000 or trade for WHAT YOU THINK IS $15,000 worth of your stuff and money.

 

Because cash is king! Actually it depend on the situation I guess. If someone wants one of my cars but don't have the cash but a trade and it's something I'm not real interested in I won't give them full value for the trade cause then I have to try and sell it to get my cash. In a trade total dollar value doesn't matter, just the price difference, ask any good car salesman. They are champs at giving you more for your trade in then it's really worth but then the get wayyyy over priced on that car on the lot your trading for.
Best trade I did was my 61 Olds for a 52 Ford, even trade. Told the guy I'd trade but you know your Ford is worth a lot more then my Olds. He came back saying he-- no, the Olds is worth a lot more then my Ford. I told him we better trade then as long as we both feel we're screwing the other guy!

 

I can't understand why the value of the vehicle would change in a sell/swap deal. I can understand the value of "Stuff" in a swap having two different values. A pickup truck load of parts will have a different value based on the seller and buyer.

 

Don't you already know how even guys on the Hamb will outright lie about rust and so forth to out of state guys involved in a trade? Some people will say anything to make a trade. ---Sad---

 

If you are looking for a problem, you will find it. Some people will find problems with anything they buy or trade for.

Back to the original question....

 

I call it trading a $10,000 dog for 2 $5000 cats. Some people are happy to say "I got my price" no matter how they got it.

How many times have you looked at some old pail the owner thought was worth a fortune? How do you tell them they are from Fantasy Island? Maybe you can swindle a deal anyway if your price is just as fantastic as his.

 

I'm not talking about fantasy land. "Fantasy Land" is a place where some people think there '32-'34 Fords are worth $50-60,000 just because.... It's just really a car show in the cl***ified ads because there is NO chance they will ever sell for that money.

I'm talking about a car listed for sale for $****** amount, but trade value is double.

Does that make sense?

 

Really ???

This 1932 Ford coupe sold for a do***ented 80 grand recently.



3WLarry's 32 3W sold NORTH of a 100 grand ...

I saw a 32 5W sell @ Pigeon Forge for almost 50 grand and it was a 15/20 year build ( but nice ).

They do sell ...

 

All have valued reasoning behind trade value and cash value..... the old saying a hundred pounds of feathers is not as heavy as a hundred pounds of dirt......as one comedian said..."You can't fix STUPID".........I've always thought a car is worth what the person is willing to pay for the keys in your hands..............just my thoughts.

 

A car, just like a pickup bed full of flatheads, is worth what it takes to change ownership, cash, credit or trade. Every trade involves both owners wanting and believing they got the best end of the deal. After the trade is done is when the whining starts, if it starts at all.

 

Both parties in these supposed $50-100,000+ '32-34 Ford deals want people to KNOW they sold. That just makes the next deal worth more money and now it's "Do***ented".

It's just amazing to me how cars are listed, re-listed, and re-listed again for these crazy prices. 5-10 years later the same guy still has the car because he watched to many episodes of Barrett-Jackson.

I've been an Alliance member here for years, some of the same '32-'34 Fords that were for sale then, are still for sale now. If those cars brought that money, why haven't our Alliance brothers cars sold for that big change?

I call BS.

 

And Alliance membership has WHAT??? to do with the price and whether they get it or not? Sounds like you need to enter the real world! It does exist beyond here. I know that there are a lot of newbies here but your 4 years still isn't a long time

 

Very simple; If you trade straight across there's no tax involved.

Sell/buy a car for 25k cash and the IRS wants to tax the "income" for "capital gains" and the buyer pays tax on the 25k at DMV when he registers his newly acquired car (even though sales tax was paid on that car when it was new-and each time it's been sold!!!).

 

The real world is what we are talking about. 4 years isn't a long time, but it's long enough to realize that overpricing your car is something most people do. My problem, along with most other people is that your stuff is WAY more valuable than the next guy's. How does that exist in this market? Most people list their vehicles with crack pipe dreams of what it is REALLY going to bring.

If you don't believe it, just check the ads.

 

I tend to agree with the cash is king mentality. I absolutely, positively, will never take a trade on anything. If pressed to do so, I try to make it as painful as possible on trader, as in.... "Ok, I know I'm asking 10,000 for my rig, but if you want to trade, I'll need at least 25,000 cash PLUS your trade to do the deal.
Doesn't explain why other people do it, but in my case it's because I don't/won't accept trades.

 

I don't get the correlation between:
- Cash vs Trade
- The hatred of value on '32 to '34 Fords
- Alliance Memberships

We are all over the board on this one. Maybe just one rant at a time.

 

To me it seems like people who are wanting big money for trading something are the ones who have no cash or are semi-delusional. Trading for anything and REALLY getting what your stuff is worth is a 50/50 proposition, at best. With the person initiating the trade coming out on the better end, usually.

I've kind of stopped trading for goods and services... Too much room for hard feelings between friends, and I really don't need any more cars or stuff.

 

The OP asked a legitimate question so why do some people feel the need to bust his balls about the way he asked, the words he used and so on. Jeez people, if you just wanna pick apart the thread go ahead, but why? You got nothing better to do?

Trade value being listed higher than cash value is because you are likely to get something on trade you dont want to keep for yourself. Then you have your money tied up and have to go through the whole selling progress again. Others have already said this but this is my .02.

 

They really want cash and if they have to sell your stuff to get it then they want compensation for the extra effort.

 

First off don't ***ume because the ad is still there that the car isn't sold, unless there has been current activity I ***ume they abandoned the ad.

In NC you're going to still pay property tax on it.

 

Here's my take on this: I have my kid's Nash for sale and she needs a small reliable car.
I want $3800 for the Nash. If I trade for a $3800 Toyota, I still have to shell out another $500 for licensing, repairs, etc to make her roadworthy.
So, in a trade situation, I'd go for a $4200 Toyota.
As long as both parties walk away satisfied, it's good.

 

I buy and sell ALOT. If I have a car listed for a certain amount, (i'll use your number of $10,000 or trade) If I sold the car outright for cash I probably wouldnt go out and buy your car (if it was trade offer) Thats my logic on it. The trade has to be worth more. (Unless it's something I really want.) I just traded this clean 90 Vette with 68k miles for a 99% rust free 55 Chevy. The 55 Came with a brand new 383 the previous owner had built. My girl friend thought I was crazy

 

Hey Kevin, I think its simply because they dont think its an even trade so they jack up their trade price. That way they can have buyers remorse and sellers remorse all in the same transaction.

 

I think he nailed it The seller may have a car that is actually a 10K car but figures he has to trade for what someone else thinks is worth 15K to get and even 10K trade. I've seen more than one guy trade a car that was somewhat overpriced for one that was priced lower but more realistically just because he wanted that car.

 

If one ´party is looking for cash, whether he is trading for another car or a bunch of parts, he is buying a job, example; I had a chopped 46 ford coupe project car, my friend had a bunch of parts , he wanted and liked my car, I on the other hand was looking for cash, so we did the trade, it took me a year to sell the parts, it cost gas , time and money to sell the parts, but it was easier to store the parts and I saved on having to pay storage on the car, would I do it again , probably not, because I bought myself a job, it took end less hours to move and sell the parts, but I figured I helped my buddy and he got a car he wanted, I did get a little extra in trade value from him, so I did compensated for the cost of selling the parts but not my time. I was able to sell some parts right away that helped pay some urgents bills I had, so I won't complain.

 

Finally the voice of reason

 

Well thanks friend. I thought no one was paying attention.

 

more for a trade allows both partys to walk away thinking they got a good deal, since both are over priced