Suggestions for PRICING your vehicle for sale
#23
TECH Junkie
Obviously very few read this 'sticky' but for those that do, please do not describe a 100,000 mile car as perfect or mint, or 10 out of 10. There is no such thing unless the car was professionally restored. Get an impartial party to step back, take a solid look at the car, and describe it accurately for proper appraisal questions whether buying or selling. Showroom cars or garage-kept cars with less than 25,000 miles might get described in such a fashion and actually deserve it. I attend car shows regularly and have years of experience behind me including 3 years of judging. I enjoy helping buyers or sellers out with pricing questions but the need for accuracy is a must.
#25
TECH Junkie
A sticky update: Our LS1 F-bodies have hit the point where the price range is extremely thin. A higher mileage well used 1998-2002 F-body with some modifications can sell in the $8,000 area yet a 2002 excellent condition, very low mileage, stock, one owner F-body might sell in the upper teens. This very thin price spread (which is natural for our 11+ year old cars) of roughly $8,000 - $9,000 makes it worth every effort to buy the better example for so little extra money in the long run. When you break it down, that $8,000 car you might buy will probably need repairs much sooner than later. Things just break with higher miles and well-used examples. Laying out $2,000 - $3,000 for repairs or needs should be expected unless a buyer is skilled at mechanical repair themselves. Now having $10,000 - $11,000 into this $8,000 car is getting very close to that 20,000 - 25,000 miles excellent condition non-abused car which probably does not need repairs, maybe just something like tires or maintenance. Not only is the monetary outlay getting close but the ownership experience is coming into play. There are certainly things worse in life but owning an average condition type car that always seems to need something can be quite aggravating and spoil that ownership experience. Sure, things can occur with a better example, but the odds are reduced significantly. It isn't possible for many to buy that more expensive car, despite the close price range, but if at all possible, save a little more and get the best car you can while this F-body price range is so close. Remember also that when it comes to 'private party' sales, the asking price is always high. That $18,000 car can be had for $15,000 - $16,000 in some instances when you are there in person with 'cash in hand'. Many sellers will not let you walk. Dealers are another matter. Best of luck to everyone!
#26
TECH Junkie
Since my last update over 9 years ago, you can disregard any mention of pricing. While a lot of info in this 'sticky' is very relevant, the pricing is not correct any longer as our F-bodies have increased quite a bit. Pricing may settle again in the future but for 2022 and the near future, don't expect it.