Why does this bother us? It's not our car, it shouldn't be our concern, right? I think we are all a family here, and like our real families....we hate to see a brother in denial. Maybe we can get Tabasco on the next episode of INTERVENTION.
Is my asking price that far off- help me out here. Thanks
The market for Imola is "overpriced" given the rarity of the color. The market for your yellow apparently is just south of the 65K being asked by the prior owner of yours since it sat at that price until you purchased it a few weeks back. Listing prices on autotrader are meaningless since they are all over the place and include dealers/private sellers who don't mind waiting for the "uninformed" to come by and offer more than market value. That is why as a dealer you can mark up your recent purchase since you are more likely to have a customer come by unfamiliar with Prime and pick it up as an impulse buy referring only to KBB which is overpriced (it sets $76.6K as the value of yours). The market value is whatever someone is willing to pay and that varies greatly depending upon whether a seller is willing to wait months (or even 8 years) to make a deal rather than price it fairly and have a sale in a matter of days.
We had an NSX-R "replica" that everyone here drooled over. A dealer gave the owner $118k in trade and thought he found the unicorn and tried to flip it. Despite several fleabay attempts at a sale, it never got a bid over 75k (orginally the dealer tried to sell it for $135k initially then dropped as low as $109k if my memory serves me correctly).
http://cgi.ebay.com/ebaymotors/Acura-NSX-/220922932359
Anyone can price their cars at any level but unless it is the rare coupe, a mint zanardi, an imola and sometimes a white or blue, researching asking prices is useless without knowing the final sales price, if it sold at all.
Well put and agree. We are in selling season so let see what happen. As far as i am concern my old girl is worth $0 till someone put a dollar figure on it and show me the money.
And then we have the other side where someone posts an ad for a fair market price and it literally sells within minutes with multiple members trying to snap it up. Then the seller ponders whether it was priced too low. It is a tough formula to figure out given ever changing market factors. We also see some cars getting a premium over similar offerings depending upon pedigree, such as having it maintained over its life by a known tech such as Larry B. I would put more value in a car worked on by larry than the identical car that gets a ppi by virtually any local dealer. But that is the Prime difference that does not usually come into play when a car is in a dealer's showroom where the odds are stacked against the walk-in buyer.
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We had an NSX-R "replica" that everyone here drooled over. A dealer gave the owner $118k in trade and thought he found the unicorn and tried to flip it. Despite several fleabay attempts at a sale, it never got a bid over 75k (orginally the dealer tried to sell it for $135k initially then dropped as low as $109k if my memory serves me correctly)...
I somehow completely missed the refusal of full asking price offer in 2010. All applauding stopped.It's not exactly that.... if I say I want 150K for my NSX, and you say OK, here is 150K, and I say "nah.... I don't think I will sell it to you", that's not "sticking to my price".
By Tabasco's own admission, he has had "viable" buyers at HIS ASKING PRICE. He still didn't sell it. So explain that.
I am sorry i should hv made it clear. If i was a normal joe and not a "dealer",buying a NSX to keep and not for resell-yes i would jump on Tabasco car all day long. Me as a dealer would not consider $70 (cnt make coins out of this buy figure).
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pvmike. Forget what i paid,doesn't matter if it was $10, $10,000,$30,000 or $100,000. If my asking $ is off the wall it wont sell for sure and eventually will adjust my asking price. Would be grateful if you would be kind enough and help me out to determine 2002-2004 market value based on autotrader,cars.com and prime. Am i right or am i mistaken an 2002 orange in va sold in VA not long ago for or around $59k w/57k miles?? There are so many 02-05 on autotrader listed anywhere from $60k-$87k and most or all have defer maintenance,need tires etc. I recently put brand new tires on her a few days ago and previous owner did all preventive service on this fine example. Is my asking price that far off- help me out here. Thanks
Apparently you missed the part above where RSO told you what your car is worth: what you paid 3 weeks ago. Instead, you agreed and then talked some nonsense about the car being a 1 owner car (umm, you're the second owner), new tires, blah blah blah.
Buying an NSX off Prime and then relisting it for $4k more when the previous listing is only a few listings below yours is ballsy, I'll give you that. But like I said, there's got to be a better way to make money than that...
Apparently you missed the part above where RSO told you what your car is worth: what you paid 3 weeks ago. Instead, you agreed and then talked some nonsense about the car being a 1 owner car (umm, you're the second owner), new tires, blah blah blah.
Buying an NSX off Prime and then relisting it for $4k more when the previous listing is only a few listings below yours is ballsy, I'll give you that. But like I said, there's got to be a better way to make money than that...
. Many NSX's out there for sale are either heavily mod,wrecked,not very well service or maintained and more than 75% of them have paint correction. I have seen so many cars where seller swear up and down paint is OEM till you use a paint meter to verified.
Yes paint correction is having one or more panel painted. And paint gauge is very acurate as it measure in paint thickness in mils. Most or all dealers specialized in high end usually hv a paint gauge.
Why does this bother us? It's not our car, it shouldn't be our concern, right? I think we are all a family here, and like our real families....we hate to see a brother in denial. Maybe we can get Tabasco on the next episode of INTERVENTION.
For sale thread is locked down. Does this mean the car is sold?