Preparing to sell 2007 Turbo
#46
Burning Brakes
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I know people like to say that but it's simply not true. What is overpriced to some is priced perfect for someone else. You just need to wait for that 'someone else'. Long time ago I sold my Lotus Esprit. Wanted 'top dollar' as it was a perfect car. I advertised it for several months and no takers. Removed add during winter, relisted in spring for even more and it sold for asking within a month or so. Yesterday I sold a Cannondale racing bike for ask after it had been listed since July. Several offers from the start but stubborn as I am, wanted full ask. The guy who bought it yesterday was so happy he got it. Me too.
#47
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I know people like to say that but it's simply not true....I sold my Lotus Esprit. Wanted 'top dollar' as it was a perfect car.
I advertised it for several months and no takers. Removed add during winter, relisted in spring for even more and it sold for asking within a month or so.
I advertised it for several months and no takers. Removed add during winter, relisted in spring for even more and it sold for asking within a month or so.
The car could very well be overpriced right now. At a future time many months down the road, maybe not. We're talking about selling the car and the price now, not several months from now or next year.
On my many years on Rennlist, I can attest with great certainty that cars price right moved quickly. Cars that sit for more than a few days usually don't sell for a variety of reasons, but if a nice 997TT like this is not selling, it's because it's perceived as over-priced as of today. Right now. Not next month. Or in 2017. And just like a house for sake, the longer it sits for sale, the more likely the seller won't get close to his asking price. And before you flame, remember, the market decides what's overpriced, not any one individual.
Are there exceptions to the rule? Of course. But generally speaking, cars priced well will sell fast; cars that aren't, don't.
Now, we could debate this all day, but the bottom line is: has the car sold?
Still as simple as that
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#48
Drifting
Join Date: Jul 2013
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Well, you're talking about two different things.
The car could very well be overpriced right now. At a future time many months down the road, maybe not. We're talking about selling the car and the price now, not several months from now or next year.
On my many years on Rennlist, I can attest with great certainty that cars price right moved quickly. Cars that sit for more than a few days usually don't sell for a variety of reasons, but if a nice 997TT like this is not selling, it's because it's perceived as over-priced as of today. Right now. Not next month. Or in 2017. And just like a house for sake, the longer it sits for sale, the more likely the seller won't get close to his asking price. And before you flame, remember, the market decides what's overpriced, not any one individual.
Are there exceptions to the rule? Of course. But generally speaking, cars priced well will sell fast; cars that aren't, don't.
Now, we could debate this all day, but the bottom line is: has the car sold?
Still as simple as that![Cheers](https://rennlist.com/forums/images/smilies/beerchug.gif)
The car could very well be overpriced right now. At a future time many months down the road, maybe not. We're talking about selling the car and the price now, not several months from now or next year.
On my many years on Rennlist, I can attest with great certainty that cars price right moved quickly. Cars that sit for more than a few days usually don't sell for a variety of reasons, but if a nice 997TT like this is not selling, it's because it's perceived as over-priced as of today. Right now. Not next month. Or in 2017. And just like a house for sake, the longer it sits for sale, the more likely the seller won't get close to his asking price. And before you flame, remember, the market decides what's overpriced, not any one individual.
Are there exceptions to the rule? Of course. But generally speaking, cars priced well will sell fast; cars that aren't, don't.
Now, we could debate this all day, but the bottom line is: has the car sold?
Still as simple as that
![Cheers](https://rennlist.com/forums/images/smilies/beerchug.gif)
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#49
Rennlist Member
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I would add, good cars sell (very) quickly when priced right.
I missed several good cars b/c they sold within days of listing.
#50
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The way I look at it, Patience will get you thousands more. Especially if its a great car. Yes, it may take some time but all you need is ONE buyer who falls in love with the car. Had my Ducati listed for months (well overpriced compared to what others were going for), took the ad down for a week or so. Put it back up, the next day someone came and purchased for my asking price, no questions asked.
In this case the 997 TT is probably one of the best bang for your buck Porsches. I would pay the premium for a nice example. My logic, what can you get better for 80k? Hence why I wont sell mine, because for the $$ I know I cant get something better. But, if the $$ is too good, then EVERYTHING is for sale.
In this case the 997 TT is probably one of the best bang for your buck Porsches. I would pay the premium for a nice example. My logic, what can you get better for 80k? Hence why I wont sell mine, because for the $$ I know I cant get something better. But, if the $$ is too good, then EVERYTHING is for sale.
#51
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The way I look at it, Patience will get you thousands more. Especially if its a great car. Yes, it may take some time but all you need is ONE buyer who falls in love with the car. Had my Ducati listed for months (well overpriced compared to what others were going for), took the ad down for a week or so. Put it back up, the next day someone came and purchased for my asking price, no questions asked.
In this case the 997 TT is probably one of the best bang for your buck Porsches. I would pay the premium for a nice example. My logic, what can you get better for 80k? Hence why I wont sell mine, because for the $$ I know I cant get something better. But, if the $$ is too good, then EVERYTHING is for sale.
In this case the 997 TT is probably one of the best bang for your buck Porsches. I would pay the premium for a nice example. My logic, what can you get better for 80k? Hence why I wont sell mine, because for the $$ I know I cant get something better. But, if the $$ is too good, then EVERYTHING is for sale.
#53
Rennlist Member
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I know Jared was being tongue in cheek, but color does matter too. There are more buyers for black cars than red/blue/etc so there are more out there at used car time.
For true top dollar, I think more information needs to be shared about potential failure areas that have been addressed or checked too so as to assure buyers that top dollar = no more additional investment to fix things. Coolant pipes, cams, slaves, etc.
I don't mind paying top dollar for a car that's exactly what I want and doesn't need any refinishing or refurbishing.
For true top dollar, I think more information needs to be shared about potential failure areas that have been addressed or checked too so as to assure buyers that top dollar = no more additional investment to fix things. Coolant pipes, cams, slaves, etc.
I don't mind paying top dollar for a car that's exactly what I want and doesn't need any refinishing or refurbishing.
#54
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I know Jared was being tongue in cheek, but color does matter too. There are more buyers for black cars than red/blue/etc so there are more out there at used car time.
For true top dollar, I think more information needs to be shared about potential failure areas that have been addressed or checked too so as to assure buyers that top dollar = no more additional investment to fix things. Coolant pipes, cams, slaves, etc.
I don't mind paying top dollar for a car that's exactly what I want and doesn't need any refinishing or refurbishing.
For true top dollar, I think more information needs to be shared about potential failure areas that have been addressed or checked too so as to assure buyers that top dollar = no more additional investment to fix things. Coolant pipes, cams, slaves, etc.
I don't mind paying top dollar for a car that's exactly what I want and doesn't need any refinishing or refurbishing.
![hiha](https://rennlist.com/forums/graemlins/roflmao.gif)
If taken care of the OP should consider adding those items to his ad...it would help him to get closer to the $80K. If not, advertise the hell out it to reach a broader audience.... Wish I had his garage space problem with a new GT3 RS on the way...JB
#58
Instructor
Thread Starter
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Car still available, Rennlist price lowered to $78,987 & now listed on Autotrader as well, at a slightly higher price than on Rennlist. I'm still being patient. RS not here yet; maybe 1 month away.
Last edited by phojes; 01-21-2017 at 08:17 PM.