Might be selling, what should I ask for?
#1
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Might be selling, what should I ask for?
Unfortunately might be selling my trans am. I have somebody offering 7k for it. Some people are saying I should get 7500-8000 for it.
1998 Trans am.
Artic white
Auto
98k miles
Very clean
slp intake, ls6 intake manifold.
Coated long tube headers and free flowing exhaust.
grey leather interior.
1998 Trans am.
Artic white
Auto
98k miles
Very clean
slp intake, ls6 intake manifold.
Coated long tube headers and free flowing exhaust.
grey leather interior.
#3
TECH Regular
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Exactly. Anything that lived in the snow belt with that kind of mileage is probably loosely associated rust flakes held together by paint and some failing clear coat more than an actual car body. The only way you'd be able to get that kind of cash for any fourth gen is if the body were actually solid. If I bought a car from up there, even if it looked good, I'd probably pay 3-4k at most because I know I'd be swapping everything over to a clean roller that I picked up for $500 to $1,000. After the switch you could easily have a 7 to 8k car depending on paint and the quality of your work moving everything over.
In fact, that's exactly what I did. I found a northern car that made it's way down to here which was solid mechanically, with a nice interior and good paint. Underneath the thing, it's got serious car cancer. Delaminations, cracking, and holes starting to appear in parts of the body. The wheel wells are all ruined, the core radiator support is falling apart, one the mounts for the swap bar is cracking, etc. One of the frame horns is compromised and wouldn't support the bumper in a crash. Strangely, the floor pans are in pretty good shape.
You can even take pictures of some of the usual problem areas and I wouldn't trust it without careful inspection. I've been burned too many times by northern cars that looked to have minimal or no rust. As soon as you start taking them apart, you always find more rust than you thought you would.
In fact, that's exactly what I did. I found a northern car that made it's way down to here which was solid mechanically, with a nice interior and good paint. Underneath the thing, it's got serious car cancer. Delaminations, cracking, and holes starting to appear in parts of the body. The wheel wells are all ruined, the core radiator support is falling apart, one the mounts for the swap bar is cracking, etc. One of the frame horns is compromised and wouldn't support the bumper in a crash. Strangely, the floor pans are in pretty good shape.
You can even take pictures of some of the usual problem areas and I wouldn't trust it without careful inspection. I've been burned too many times by northern cars that looked to have minimal or no rust. As soon as you start taking them apart, you always find more rust than you thought you would.
#5
TECH Resident
Was owned by a little old lady and only driven down hill, both ways, on Sundays to Church. Let;s see some pics... If it's that nice why are you selling it?
#8
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Thank you, it is clean. I got lucky when I bought it. I am attached to the car but I have other plans in life that I could use some help with and I know I will regret selling it.
#9
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I think that $7k offer is very fair for what you state in terms of condition. It's a 100k mile '98 with an auto - not particularly desirable.
It would be risky to hold out for $500-1000 more if you have an offer so close to what you want and you can get it sold right now. You may not get any better offers if you wait, in fact you may lose this buyer and have to take less later. Generally, if you have an offer on the table for something within about 90-95% of your asking price, and you really do need/want to sell the car, you should take it. Holding out for that last ~5-10% can often lead to a very long and frustrating process to get it sold.
You have a garden variety example that isn't highly desirable and doesn't have super low mileage. So even in great condition (for the mileage), I think $7k-ish is about as good as it gets for a mostly stock 100k mile A4 '98 TA.
It would be risky to hold out for $500-1000 more if you have an offer so close to what you want and you can get it sold right now. You may not get any better offers if you wait, in fact you may lose this buyer and have to take less later. Generally, if you have an offer on the table for something within about 90-95% of your asking price, and you really do need/want to sell the car, you should take it. Holding out for that last ~5-10% can often lead to a very long and frustrating process to get it sold.
You have a garden variety example that isn't highly desirable and doesn't have super low mileage. So even in great condition (for the mileage), I think $7k-ish is about as good as it gets for a mostly stock 100k mile A4 '98 TA.
#10
TECH Enthusiast
Ditto what RPM WS6 said. Don't let this buyer get away. But, don't act so eager to scare them away. A lot of times people "make offers" more to probe than anything else....or it was never meant to be taken "that seriously." And often they back away when their offer is accepted.
2 years ago on this forum we have a couple sellers of 1998-2000 Trans Am's with 6 speeds iirc. And one of them was a very desirable purple. He got $8K for that at approx 90K miles. On top of that he redid brakes, wheels, tires, suspension, clutch, etc. Quite freshened up and ready to go for $8K. That's why I think a less desirable A4 is all the money at $7K.
Here's another data point. I had my 1998 Z28 A4 with 62K miles back around 2004-2006 when these were still worth something. I was looking for $8K and was offered $6K. I thought that was somewhat insulting for such a clean car. It was the only offer I ever got. I decided to keep it rather than accept such a "low" number. 4 years later I dumped it for $3K with 115K miles.
2 years ago on this forum we have a couple sellers of 1998-2000 Trans Am's with 6 speeds iirc. And one of them was a very desirable purple. He got $8K for that at approx 90K miles. On top of that he redid brakes, wheels, tires, suspension, clutch, etc. Quite freshened up and ready to go for $8K. That's why I think a less desirable A4 is all the money at $7K.
Here's another data point. I had my 1998 Z28 A4 with 62K miles back around 2004-2006 when these were still worth something. I was looking for $8K and was offered $6K. I thought that was somewhat insulting for such a clean car. It was the only offer I ever got. I decided to keep it rather than accept such a "low" number. 4 years later I dumped it for $3K with 115K miles.
Last edited by Firebrian; 07-03-2017 at 03:01 PM.
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Here's another data point. I had my 1998 Z28 A4 with 62K miles back around 2004-2006 when these were still worth something. I was looking for $8K and was offered $6K. I thought that was somewhat insulting for such a clean car. It was the only offer I ever got. I decided to keep it rather than except such a "low" number. 4 years later I dumped it for $3K with 115K miles.
I paid $14k for my '98 Z28 in 2004, but it was a climate controlled storage, weekend only toy with 11k miles. I looked for several months to find it, and this was the best deal within 100 miles on a ~10k-or-less mileage LS1 with the options I wanted at the time. All the other LS1 Camaros I looked at in that time frame were in the $15-19k range with that sort of mileage. My '00 WS6 sold that same year for $21k with 10k miles.
#13
It blows my mind that people think 100K miles is high. I consider under 100K to be low, under 150K to be OK, and over 200K high.
That aside, yeah 7K is a good offer.
That aside, yeah 7K is a good offer.
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On a personal note, my '98 Z28 has only 17k miles and I know of several other local examples with similar or even less mileage. So, to me, 100-150k miles just isn't what I consider to be "low" for any sort of "special interest" car that's only 15-20 years old.
#15
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Most F-Bodies with 100-150k are often in rough shape. The ones that are usually in great condition are 60-70k mile cars in a lot of cases. Sure there are exceptions, but that's generally what I see. The prices these cars often go for often match up to specific mileage ranges.