Price ranges between sources..
09-06-2010, 02:52 AM
#1
Rennlist Member
Thread Starter
Price ranges between sources..
Im finding, very very large price range differences between say, CL, and E-bay.
Almost a 200% difference.
Two ads:
1987, 928 S4, 134,565 miles, black with black leather, sport seats, 5 SPD, all new steering, good condition, $14,000.
(This is at the high end of the typical EB price range for this year)
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This is my 1987 928S4. Black on Black with 83,xxx miles. Has minor transmission leak but otherwise mechanically sound. Have records going back to 1994. It has been smogged the other day and tags just paid thru 9/2011. $6500
(This is..about where they appear to sit for this year looking at the history of CL ads)
The CL ad, appears smack dab in 'negotiate' range, where Private Owner and dealer ads on EB are just..in my n00b opinion, way outta range.
6-8500 would be, what im seeing, the reasonable range for an 87 S4.
??
Almost a 200% difference.
Two ads:
1987, 928 S4, 134,565 miles, black with black leather, sport seats, 5 SPD, all new steering, good condition, $14,000.
(This is at the high end of the typical EB price range for this year)
-----------------------
This is my 1987 928S4. Black on Black with 83,xxx miles. Has minor transmission leak but otherwise mechanically sound. Have records going back to 1994. It has been smogged the other day and tags just paid thru 9/2011. $6500
(This is..about where they appear to sit for this year looking at the history of CL ads)
The CL ad, appears smack dab in 'negotiate' range, where Private Owner and dealer ads on EB are just..in my n00b opinion, way outta range.
6-8500 would be, what im seeing, the reasonable range for an 87 S4.
??
09-06-2010, 02:57 AM
#2
Rennlist Member
A lot of dealers list cars on ebay just to get them noticed. My car was on ebay, autotrader, and cars.com. I paid less than ANY of the listings by making an offer. I bought from the pictures and the dealer's, (Willhoits in Springfiled Mo) reputation and am very happy with with the deal and the car.
Most of the cars I've seen in person that were listed on craigslist and they were not in as good a shape compared to the description in the ad.
Most of the cars I've seen in person that were listed on craigslist and they were not in as good a shape compared to the description in the ad.
09-06-2010, 03:01 AM
#3
Rennlist Member
You cannot base what is a "reasonable" price based on what you see on Craigslist. Ebay completed auctions will give you a better idea, but even they don't capture the value range of these cars. I find the Craigslist prices to be wildly optimistic with cars showing up week to week.
The price on a non-salvage running '87 ranges from ~$5K to $15K (excluding ultra low miles examples). Most of them fall into the $7K-11K range.
For the most part with these cars, condition is far more important than age.
The $6-8.5K range that you mention would be for a fairly original car, with more than 80K miles, that likely needs a significant amount of maintenance (or possibly a car from an enthusiast that really needs to sell).
The price on a non-salvage running '87 ranges from ~$5K to $15K (excluding ultra low miles examples). Most of them fall into the $7K-11K range.
For the most part with these cars, condition is far more important than age.
The $6-8.5K range that you mention would be for a fairly original car, with more than 80K miles, that likely needs a significant amount of maintenance (or possibly a car from an enthusiast that really needs to sell).
Last edited by EspritS4s; 09-06-2010 at 11:47 AM.
09-06-2010, 04:18 AM
#4
Nordschleife Master
Ebay has selling prices, look at completed auctions (which tell you price on a specific car, but not much on condition).
CL ads are free and full of imaginary "asking" prices, that have zip to do with amount the car sells for.
A good deal from a car lot is, rare. There business is selling cars at top price, so typically the only deals occur at higher end lots that get a 928 in on trade, and want it gone asap and have no clue on value. Typical used car lots that buy cars from auctions will make the opposite mistake and have too much into needs work money pit old car to sell it cheap.
As others have said, there is no reasonable "reasonable" range, it all depends on the condition of the specific car, within a very broad market driven range.
CL ads are free and full of imaginary "asking" prices, that have zip to do with amount the car sells for.
A good deal from a car lot is, rare. There business is selling cars at top price, so typically the only deals occur at higher end lots that get a 928 in on trade, and want it gone asap and have no clue on value. Typical used car lots that buy cars from auctions will make the opposite mistake and have too much into needs work money pit old car to sell it cheap.
As others have said, there is no reasonable "reasonable" range, it all depends on the condition of the specific car, within a very broad market driven range.
09-06-2010, 06:37 AM
#5
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Ebay has selling prices, look at completed auctions (which tell you price on a specific car, but not much on condition).
CL ads are free and full of imaginary "asking" prices, that have zip to do with amount the car sells for.
A good deal from a car lot is, rare. There business is selling cars at top price, so typically the only deals occur at higher end lots that get a 928 in on trade, and want it gone asap and have no clue on value. Typical used car lots that buy cars from auctions will make the opposite mistake and have too much into needs work money pit old car to sell it cheap.
As others have said, there is no reasonable "reasonable" range, it all depends on the condition of the specific car, within a very broad market driven range.
CL ads are free and full of imaginary "asking" prices, that have zip to do with amount the car sells for.
A good deal from a car lot is, rare. There business is selling cars at top price, so typically the only deals occur at higher end lots that get a 928 in on trade, and want it gone asap and have no clue on value. Typical used car lots that buy cars from auctions will make the opposite mistake and have too much into needs work money pit old car to sell it cheap.
As others have said, there is no reasonable "reasonable" range, it all depends on the condition of the specific car, within a very broad market driven range.