How is anyone else doing who is trying to sell any of their cars this summer?

I was just curious how any other members are doing trying to sell any of their cars this summer. I've had interest in all 3 of the cars I was trying to sell including multiple offers some ridiculously low and others close but not close enough, as well as many junky trades.

The strange thing is no one has come to look at any of the cars.( It's hard to appreciate the mechanical aspect of a car if you don't hear it run or ride in it.)

Maybe I have scared a few away with an honest evaluation.

My wife always tells me did you scare that one away too?

These are convertibles that are road ready and well sorted. I guess price is all that matters. I know if I was really interested in a car and it was just a little more than I wanted to give but there were no other examples available or atleast none in the same price range I would still be trying to figure out how to come up with just a little extra $$. I've even offered to take small trades to bridge the gap.

Even with the offers that were close but not quite enough the people never call back like they were never really that interested.

When I ran them through ebay one got very close to the reserve yet not a single person contacted me after to see if it was still available or what it would take to buy it. Which was always the case with the cars I sold for a friend (4)

My wife says it's because they are my cars. Maybe she is right. I have no problem selling other people's cars.

As I mentioned I'm just curious as to what's really selling if much of anything.

Seeker, I noticed your Plymouth a while back, and think it is priced very fairly especially considering the ton of work you have put into it. Body seems sound, it is presentable and ready to roll. I am surprised it did not sell. You may recall I PM-ed you on this car some time ago, when you first got it, well, we have spent a good deal on the SL this past year and jumped into a T Speedster project in the interim, so I am not a player - just commenting on the deal itself. You seem to be at market, maybe a bit under if one is sharp enough to figure out the time, effort and $$ spent on getting it road ready. Frankly, I am surprised because it seems like it should be a mid - high $20s car if painted, but it is not like it is primed or rusty.

We were up in Lake George area this past weekend, and the thought crossed my mind to have a look but I would not consider wasting yours or anyone elses time unless very serious - as I have had that done to me enough over the years.

I guess bottom line is you seem to be doing all the right things to market it and someone getting serious should have enough info to make a decision to come for a look; it honestly could be a reflection of a really bad economy, I can tell you nobody seems to be doing much they do not have to in CT, imagine NY is the same? I certainly would not put this in the same class as CL wrecks that sit out there for months with drive asking prices when they are really field cars.

Other than ebay run, have you done more than this site and CL to advertise them? Those are likely not enough. This is a great site, but once you have exposed the car here for a week or so I would guess most serious buyers would have seen it by then. Same for CL, I am sure you had some nice offers of 20 year old pick up truck swaps, etc. from CL...

Anyway, good luck with it, the Plymouth sure seems like a nice car for someone.

There just is not much money out there especially for "toys" and luxury items. We are supposed to be in recovery from the financial crisis of 5 years ago, but many people are still hurting. Good jobs are scarce. The big banks have made a full recovery, having been bailed out by the government. The stock market is setting new records. The top 1% who own most of the stocks and investments are laughing all the way to the bank. But the regular Joe who works for a living is worse off financially than he was 10 years ago.

Incidentally I have a beautiful waterfront home for sale at Thomasburg Ontario. 3 bedroom, one bath house, newly renovated with all new wiring, plumbing, insulation, etc etc in other words practically a new house. 1400 sq ft bungalow with a big 2 car garage, on a treed 2 1/2 acre lot, on a year round road. Price $229,900. Been for sale for a year, and not one offer. 5 years ago I would have had 5 offers the first week.

http://www.quinte-mls.com/listings/2136300/hungerford-ward/281-sherry-road

I am trying to sell off a few things (looking at life and where I will be in 10 years) experienced the same things. The silly low offers without seeing the car are what annoys me the most.

I think many of these potential buyers watch too much TV are all looking to buy and flip, and with internet it is much easier to send an e-mail with a low price with hopes they catch the person at the right time or wrong time. Sure is an abundance of bottom feeders. The "I have cash in pocket" line I find insulting. Do they think I am desperate?

Another factor I think there are a lot of cars showing up on the market due to an aging hobby, so the supply is saturated, I noticed this when I inherited my fathers toy collection. Just a lot of stuff on the market at once again supply and demand.

I was at a local cruise night last night, great weather and crowded but I did not notice many people under 55 years old, there is a lack of younger hobbiest looking for the entry level stuff.. I don't buy into the economy being weak, the stock markets were booming the past few years, so there is money out there. Maybe the hobby is just running it coarse like many other hobby's have and we are just starting to see the begining of the end of it. It's not going away but I think there will be a lot less people doing it in 10 years

I am trying to sell off a few things (looking at life and where I will be in 10 years) experienced the same things. The silly low offers without seeing the car are what annoys me the most.

I think many of these potential buyers watch too much TV are all looking to buy and flip, and with internet it is much easier to send an e-mail with a low price with hopes they catch the person at the right time or wrong time. Sure is an abundance of bottom feeders. The "I have cash in pocket" line I find insulting. Do they think I am desperate?

Another factor I think there are a lot of cars showing up on the market due to an aging hobby, so the supply is saturated, I noticed this when I inherited my fathers toy collection. Just a lot of stuff on the market at once again supply and demand.

I was at a local cruise night last night, great weather and crowded but I did not notice many people under 55 years old, there is a lack of younger hobbiest looking for the entry level stuff.. I don't buy into the economy being weak, the stock markets were booming the past few years, so there is money out there. Maybe the hobby is just running it coarse like many other hobby's have and we are just starting to see the begining of the end of it. It's not going away but I think there will be a lot less people doing it in 10 years

Biscayne, I agree with your analysis. 5 years ago, almost no FOR SALE signs on cars at shows. Now, they are commonplace. Older folks (like me) realizing that working on/maintaining the old iron becomes more difficult as time marches on. I'm 67 years old and on my last old car, a 1950 Dodge Coronet. I've decided to maintain it and drive it until either it or I won't go any more. Flathead 6, 3-speed manual transmission behind a fluid drive unit (Not the M6, a real 3-speed), on the original 6 volt system (works just fine, thanks), and not one breakdown in the 8 years I've had it. Drive it about 3500 miles per year, it functions as a 3rd "back-up car" so it doesn't get babied. It will probably outlast me.

I will tell you from a years of experience that July-August-September is an absolute dead zone for selling old cars. Every year, without fail, sales take a nosedive around July 4th and don't come back until after Thanksgiving. Oddly enough, the period between Thanksgiving and Christmas is always very busy and I don't know why. So I'd say that what you're experiencing is normal. I plan for the slow period and save up my cash reserves for this dry spell. That's when I get all the work done around my house.

And yes, price really is all that matters. People will pay 100% of retail price for a clunker but they won't pay 105% for a perfect car. Trying to explain the finer points of a particular car when they're looking at five or six others that are priced around the same or less, they don't even notice or care about the differences. What's the best deal, which one is cheapest, that's all that matters to 90% of buyers. They will low-ball you, they will offer you crappy trades for your good car, and everyone will complain that you're charging too much. But eventually the right guy will come along, that 10% who understands that you get what you pay for, and he'll buy your car. In this business, if your car is priced right, you have to have faith that this guy is out there. Sooner or later he'll show up.

Good luck. I'd be honored to have your car in my inventory but I'll agree that it'll be a tough sale for the next few months.

The only thing I would add to the conversation is to put a lot of work in to making a remote transaction comfortable. By that I mean put an ad together with really good pictures, make 100 more available to interested parties (high resolution ones) and a detailed description of every single inch of the car. If your description is not detailed down to the fact the radio knob has a small crack then you may not be convincing some guy 1000 miles away to remotely buy your car.

Two years ago, our regional newsletter interviewed Richard

Lentinello, the editor of the Hemmings publications, for his

observations on what's strong and what's a bargain. Most

of those observations likely still hold, since the U. S. economy

is still sluggish.

A few points he made:

---The car market is down--20% to 25%, he estimated.

People are careful about what they buy, but they will pay

a premium for a car perfectly restored with NOS parts.

(Not as desirable are reproduction parts.) They'll also pay

a premium for original unrestored cars.

---Muscle car prices are down, but he says they're still not

at realistic levels. People who like that type of car are increasingly

opting for "lesser" models, such as Tempests, LeManses, Cutlasses.

---1950's cars are still popular, and they are gaining in popularity

as baby boomers age and want to get the car they grew up with.

With due respect maybe the offers were fair and you have priced them a little too high. Maybe your wife was right and you scared a potential buyer away. Better to sell for a little less and not look at storing the vehicle over the winter. Contrary to Mr. Harwood, I have found that especially in the north, if you don't sell especially a convertible in the summer period, you will have it next spring. I also think the economy will not let us get top dollar and we have to look at a close offer. I have purchased 3 cars thus summer for my personal collection and I got great buys on each of them. Wayne

By the way, Rusty, with the strong stock market--a breath of fresh air

in a subdued economy--MANY, MANY people benefit.

I can't speak for Canada, but here in the U. S., our tax

system allows people to set aside thousands of dollars each year

in Individual Retirement Accounts and "401-K plans," with great tax advantages.

Many people do so either through work or own their own,

and whether they're expert investors or not, most have a mixture of

stocks, bonds, and cash-type investments in their accounts.

Far, far more people who own stocks are "small guys" than the

top 1% you mentioned. There's no need for us to be jealous of the affluent:

that's a divide-and-conquer trick that socialists and communists use.

But now we need to get the rest of the American and Canadian economy

moving so we can all afford more cars!

Pardon the digression. We now return to the car topic at hand--

With due respect maybe the offers were fair and you have priced them a little too high. Maybe your wife was right and you scared a potential buyer away. Better to sell for a little less and not look at storing the vehicle over the winter. Contrary to Mr. Harwood, I have found that especially in the north, if you don't sell especially a convertible in the summer period, you will have it next spring. I also think the economy will not let us get top dollar and we have to look at a close offer. I have purchased 3 cars thus summer for my personal collection and I got great buys on each of them. Wayne

I can only take offers as being serious if the person offering has inspected the car or had a 3rd party inspect it for them. How can one determine a cars worth without seeing it or atleast asking pertinent questions into how well it drives how good the body really is and what the car really needs. I've even had some people come right out and tell me well how am I going to make money on it if I have to paint it?

I would welcome a very honest critique of any of my cars and an offer based on facts. If you show me several that have sold for that price then fine, I would consider it a fair offer. I look at probably hundreds of cars a day for sale. (I'm a car guy) I imagine most of you guys do the same.

After a while you get a pretty good gut instinct of what stuff should be worth.

I try to price my cars taking into consideration, body style, Rarity, desirability (I'm not selling 6 cylinder valiant 4 door sedans) Everything I have for sale is a Convertible, and what can that kind of money buy if I sold it tomorrow and wanted to buy another say in the Plymouth's case another 40's Convertible(not even a Plymouth) . Keeping in mind now that they better be very good mechanically or priced to reflect a car that is DOA after getting stung on the last few cars I bought.

Any suggestions on marketing them better? I'll welcome any ideas.

By the way, Rusty, with the strong stock market--a breath of fresh air

in a subdued economy--MANY, MANY people benefit.

I can't speak for Canada, but here in the U. S., our tax

system allows people to set aside thousands of dollars each year

in Individual Retirement Accounts and "401-K plans," with great tax advantages.

Many people do so either through work or own their own,

and whether they're expert investors or not, most have a mixture of

stocks, bonds, and cash-type investments in their accounts.

Far, far more people who own stocks are "small guys" than the

top 1% you mentioned. There's no need for us to be jealous of the affluent:

that's a divide-and-conquer trick that socialists and communists use.

But now we need to get the rest of the American and Canadian economy

moving so we can all afford more cars!

Pardon the digression. We now return to the car topic at hand--

The reason more small people are in stocks is because the banks and more importantly fed reserve kicked the savers to the curb so they were railroaded into the risky market to find some type of investment to keep up with the real inflation that you see when you go to the store. Not the .05 percent interest the banks are now giving.

Sorry now we are getting to political. Lets keep it cars.

The reason more small people are in stocks is because the banks and more importantly fed reserve kicked the savers to the curb so they were railroaded into the risky market to find some type of investment to keep up with the real inflation that you see when you go to the store. Not the .05 percent interest the banks are now giving.

Sorry now we are getting to political. Lets keep it cars.

It may be a touch political but there's no denying the facts that inflation is real for the average middle income American and I would imagine the effects are worldwide but not reported (thanks to politics! Gotta keep the fed the IMF and the UN looking like a rose afterall...sure would hate to see average joe wakeup to the lies beneath what is really going on in the world economy ).

Personally I'm having difficulty selling all items let alone the big ticket items like vintage cars and my buying has decreased by at least 50% since 2008.

If you're only having trouble selling your own cars I would suggest that maybe you are being "too detailed" with descriptions. I do not mean that you should be less up-front, keep doing what you are in fact, but understand that you know your own car best so you will describe all the small issues, flaws and needs whereas on your friend's cars you may only notice a handful of things that need correction, or be totally unaware of other hidden problems. See, you're simply too honest, which we could use more of in this hobby. I'll pay a premium for that!

Are the offers close? I bought a few sight unseen other then pictures and made an offer close to the asking price, but I am only talking about $5,000 to $7,000 cars, if I factor in my cost to travel back and forth it only adds to the cost. I am not a fan of having someone look at a car. I was selling a high end rare car a few years ago and the potential buyer sent someone to look at the car. After a week of not hearing anything I called him up to see what was going on and he told me "I had some nerve trying to sell off the car" Two days later I get a call from one of the friends who came to look at the car with the guy who was looking at the car and paid close to the price I was asking. Collusion or coincidence?

As far selling I know Craigslist is big no

What about e-bay?

The New York Times, quoting a Russell Sage Foundation study, says the typical US household has a net worth 36% lower than ten years ago.

http://www.nytimes.com/2014/07/27/business/the-typical-household-now-worth-a-third-less.html?_r=1

But the richest 5% are 14% richer.

By the way, Rusty, with the strong stock market--a breath of fresh air

in a subdued economy--MANY, MANY people benefit.

I can't speak for Canada, but here in the U. S., our tax

system allows people to set aside thousands of dollars each year

in Individual Retirement Accounts and "401-K plans," with great tax advantages.

Many people do so either through work or own their own,

and whether they're expert investors or not, most have a mixture of

stocks, bonds, and cash-type investments in their accounts.

Far, far more people who own stocks are "small guys" than the

top 1% you mentioned. There's no need for us to be jealous of the affluent:

that's a divide-and-conquer trick that socialists and communists use.

But now we need to get the rest of the American and Canadian economy

moving so we can all afford more cars!

Pardon the digression. We now return to the car topic at hand--

THAT is the reason I, and many others, don't have a lot of free cash. The ONLY real tax break for the middle class is to put money into an IRA, and not pay taxes on it. It sucks saving for one's own retirement, but employers are too cheap or greedy to do otherwise. So, I eat dirt most of the time in order to put the maximum of $17,500 away so I don't have to pay taxes on it. Money that could go towards stimulating the economy by spending it instead.

A third of consumers with credit files had debts in collection according to the Washington Post. That is 77,000,000 people with bad debts in the hands of collection agencies.

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/07/29/a-third-of-consumers-had-debts-in-collections-last-year/?hpid=z4

Still think everyone is doing well?

By the way, I am not jealous of the affluent. I am one.

A necessary ingredient to the enjoyment of old cars, along with gas oil and water, is money. Along that line, I'm curious as to why, with wages stagnant, and increases no longer predicated by unions, do we still have inflation? All opinions welcome and respected.

What is astonishing is that the inflation rate is so low when the government has borrowed and spent 8 trillion dollars in the last 5 years. But most of that money ended up in the big banks and in the stock market, not in the hands of consumers. So it has not led to much inflation. Except for stock prices and bond prices.

"My wife says it's because they are my cars. Maybe she is right. I have no problem selling other people's cars"

Sooo, why not let someone else sell YOUR cars for YOU.......

Only kidding. I don't like the middle man approach myself.

Bottom line is that everyone is looking for a bargain - myself included.

But it is a weird thing.....

I was watching this 80's Ranger diesel on Ebay and it got relisted at least 5 times. The next to last time it was listed there was a buy it now price of $1200.00 and no one bought it. The last time it was listed, and sold, it was an auction style listing and it sold for more than the buy it now price of $1200.00 in the previous listing.

Go figure.....

My friend always tells me I sell my cars too cheaply and I argue that I am happy with a few hundred $$$$$ profit.

He says ask a crazy amount and let the buyer(s) talk you down from there. He also says that even though you may list a car reasonably priced and the car may be worth more, people are funny because they think, in their minds, that yes the car should be worth more, so why is it priced so low....must be something wrong with it.

It makes sense.

Joe

If you're only having trouble selling your own cars I would suggest that maybe you are being "too detailed" with descriptions. I do not mean that you should be less up-front, keep doing what you are in fact, but understand that you know your own car best so you will describe all the small issues, flaws and needs whereas on your friend's cars you may only notice a handful of things that need correction, or be totally unaware of other hidden problems. See, you're simply too honest, which we could use more of in this hobby. I'll pay a premium for that!

+1

What is astonishing is that the inflation rate is so low ...

I don't know how it is in Canada, but here in the U.S. the price of such non essentials as food, energy, health care etc, have skyrocketed in the past 8 - 10 years. Other than those nonessentials, yeah, the inflation rate is "relatively" low.

As to the cars for sale. I buy (I have yet to sell one of my "collector" cars) cars in the $2,000 - $17,000 range. Most of these have significant problems when I buy them and I realize at the time that I will have to devote some hard cash and a lot of work to get them any where near road worthy. Well, it's my hobby, and I don't expect to recoup my expenses when I (or my heirs) get around to selling off my modest "old" car collection. In the eyes of many, our hobby centers around really old and cranky used cars, and they don't see them in the same light that we enthusiasts do. These folks don't understand the feeling of accomplishment that comes with having resurrected a comatose classic and finally getting it on the road. I love driving my old "clunkers" and enjoy seeing others on the road. Although many folks share our pleasure at seeing the old cars on the road, they certainly balk at the prospect of owning one: relative to newer cars, they break down frequently, they don't handle well, they get poor gas mileage, it's difficult to find a mechanic to work on one etc. Added to all of this is the fact that in the U.S. of A., disposable income is tight.

Just my opinion,

Grog

I am trying to sell off a few things (looking at life and where I will be in 10 years) experienced the same things. The silly low offers without seeing the car are what annoys me the most.

I think many of these potential buyers watch too much TV are all looking to buy and flip, and with internet it is much easier to send an e-mail with a low price with hopes they catch the person at the right time or wrong time. Sure is an abundance of bottom feeders. The "I have cash in pocket" line I find insulting. Do they think I am desperate?

Another factor I think there are a lot of cars showing up on the market due to an aging hobby, so the supply is saturated, I noticed this when I inherited my fathers toy collection. Just a lot of stuff on the market at once again supply and demand.

I was at a local cruise night last night, great weather and crowded but I did not notice many people under 55 years old, there is a lack of younger hobbiest looking for the entry level stuff.. I don't buy into the economy being weak, the stock markets were booming the past few years, so there is money out there. Maybe the hobby is just running it coarse like many other hobby's have and we are just starting to see the begining of the end of it. It's not going away but I think there will be a lot less people doing it in 10 years

I had the same thoughts.. Looking at life and where I will be in 10 years. If I had 10 cars restored and put the car keys on the kitchen table and told my sons. They could take only one car. Which one would they take... The one that cost the most or the one that they liked.... (maybe the rusty old farm truck.)

The official inflation rate is low but the real rate is much higher. Still, it should be higher with all the new money in circulation, except it didn't go into circulation. Unemployment is still too high and the downward pressure on wages is real. The so called recovery has not done much for the average family. Even if it has been good for the stock market.

The official inflation rate is low but the real rate is much higher. Still, it should be higher with all the new money in circulation, except it didn't go into circulation. Unemployment is still too high and the downward pressure on wages is real. The so called recovery has not done much for the average family. Even if it has been good for the stock market.

Rusty,

I agree completely. The new money being printed is apparently going into the stock market, and more than a few economists think that's where our so-called stimulus funds wound up. Heavily capitalized U.S. corporations are sitting on $billions off shore, allegedly due to the high U.S. corporate taxes, with the result that the average family has less disposable income to buy our old cars (or other less-important stuff:)).

Grog

On description, I would agree with A.J.'s comments and lean towards having a lot of detailed photos available; having seen Seeker's description of this car here and even on CL, to me it is ideal for the serious buyer; photos show the strong points fo the car and where it is less than perfect; and the description is just what would peak my interest. I am always more confident in the seller that shows the good, the bad and the ugly vs. one who shows car in passing and spends ad copy on the history of the "Jenson Super Special, one of ten due to the tri tone interior option.."

The only other consideration is if it makes sense to consign it and let another party make the distance buy comfortable as well as market the car full time (obviously with others in the consignee's inventory, point being they are actively pursuing a buyer as a full time job vs. doing what you can do when you can do it in what is a down or at least slow market) - there are a lot of advantages to this approach but you need to accept the fact you will pay for the service. Most reputable dealers should be able to explain how they will go about marketing our car(s) and if you are in a position to consign more than one, I would definately discuss the terms at that point, making it a little less painful. It seems some buyers are actually more comfortable working with a dealer, just as some homebuyers gravitate towards realtors vs. owner sales - especially first timers. Another big advantage here is a generally wider market reach, beyond local market conditions which I think are really what is driving this now, IMHO.

That is a good point on the dealers Steve. Some people do feel more comfortable with a known quantity even if there is a premium for the service. I think this may be especially true for foreign buyers.

Sometimes it is timing too, the right guy at the right time. Ultimately, if you think that you advertised well, did it for a long enough period and still did not find a buyer then the price probably needs to come down.

Picking the right price can be very hard to do. Depending on the car and the collector audience weird things can swing the value. Color is always an easy one to identify but other factors play in that may only be understood but those that are very familiar with that make and model.

Yep, not sure if you saw his ads, A.J. ( guessing you did as you appreciate these flattie Mopars as well) but they seem to be well done to me. Could be if he needs to sell now as opposed to trying again down the road price needs to drop a bit. I did not initially think so as I have a perception about the value of open cars 1948 and prior, but market does slot these significantly below Fords and even Chevy contemporaries - they are undervalued but it is what it is. I will say even in a slow market, I have seen some cars sell in days that seemed like good cars at good prices, so slow, but not dead.

Model specific factors do matter, with the SL for example, certain services such as timing chain/guides are fairly expensive and most buyers who have done minimal homework will ask about that (also not a good idea to take an R107 chassis SL around the block if it has over 60,000 miles and this has not been done, so it does make sense in this case as a major factor..) which is not a real big deal on many other cars.

I would only add it is a crowded market at this price also, which is just another factor in the mix that could require an adjustment if Mrs. Seeker wants that bigger house bad enough.

Admittedly, when we consign I tack on a bit more to the initial ask and kind of "split" the difference of the commission that way. This is only because I believe people expect to pay a little more with a dealer. The couple dealer friends I have will say otherwise, but that is my thought and so far it has worked. You can always come down, and dealer will advise if they think you are way off base, which benefits no one - they don't want the listing as badly and they are not magicians, and you can expect less effort on an unrealistic price. I am just saying it is worth it to consider carefully, and hold your ground - make them earn it, rather than price it so cheap it will sell itself..

Good points being made here. Yes, the vintage car market is not doing well as the bulk of the owners/buyers are between 50 and 80 years old and there are far more sellers than buyers and this is unlikely to change anytime soon. Also, over the past few decades prices went up too fast and for the most part overshot the real market value. It was a bit of an investor's bubble that is still deflating. And that needs to be combined with the cost to restore and maintain a vintage car is almost always far beyond what it can bring in an open market that does not have the bubble to rely on so there are expectations among many sellers that may not be entirely realistic. Also, there seem to be more than enough car sharks and flippers who are looking for the quick score preying on financially distressed sellers, unknowledgeable sellers (recent widows of collectors) and less than knowledgeable buyers who think cars are worth more than they are.

My suggestion is to pick up an extra sharp pencil and do some calculating. First, get some comparable sales (actual sales, not asking prices or sales involving shill bidders). Then figure your cost to insure your car for a year, then add in the cost to maintain it (tune ups, servicings, parts, etc.) and then figure how much you could be earning on the stock market with that amount of money invested in a top mutual fund (it averages about 10% over time including the down years, though in recent years you could have been getting 20% to 30%). That foregone investment income is your opportunity cost for not having the cash on hand. Then figure how much you would have to pay to one of the better auction companies to auction your car in a well advertised and attended auction sale plus what a buyer has to pay as a buyers premium (usually around 20% for the combined fees). Subtract that number from the current market sales number and that will be your ballpark estimate for what would be a price that would attract buyers. Lowering that price will attract more buyers from further away.

Just got a call from my RE agent, and agreed to cut the price another $10,000. Sales in the area down by half from last year. Lots of lookers, lots of compliments, no offers.

It's the same parable when I have a car to sell. If it does not sell in a reasonable time, cut the price or make up your mind to keep it.

The official inflation rate is low but the real rate is much higher. Still, it should be higher with all the new money in circulation, except it didn't go into circulation. Unemployment is still too high and the downward pressure on wages is real. The so called recovery has not done much for the average family. Even if it has been good for the stock market.

Why didn't the new money go into circulation ? Did the Federal Reserve (private institution btw lest we forget, nothing "federal" about it) and the banksters ever come clean in regards to the $15 trillion that vanished as things were unraveling ?

Funny how it all leads back to the market seemingly but that is just an assumption.. no one really knows where it landed because we cannot audit the Fed. IMF is sitting in the catbird seat one would think..

Sad thing is, things are still a long way from being settled (unless the ostrich effect is in place) that's why the corps are in shelter, they know what's still to come more than the average joe will ever want to believe. Could the slow resale market be a direct result of that concern ? I think so...

For pricing as I mentioned earlier I take into account a bunch of factors but the primary ones are, find a 46-48 plymouth convertible in the shape mine is in (all the way around including mechanics) for less. (I haven't found any)

The same on my Chrysler 36 Chrysler C 7 airstream roadster (they called it that from the factory) it's really a convertible. I'm still looking for any kind of comparison on this. I was told by someone inquiring into my Plymouth that they had a #2 1936 Dodge Convertible that they turned down 75,000 for. I know there are some Plymouth's out there 30-50,00 range but a Chrysler is not a Plymouth. Maybe you could compare it to a Junior Packard? They are a little more plentiful so you can track sale prices better.

In the end I still come back to the conclusion what could I buy with that money to replace the car I am selling? Could I buy another higher end 30's Convertible in the 35-36 year range as 37 and up had alot of styling miss steps and only a few models carried on with elegant styling.

On the Plymouth what other 46-48 Convertible could I drive home for the Price I have on it? I know 25,000 will buy you quite a few nicer cars but that's 30 percent more.

I think there is maybe a narrower market because of the Mopar factor. Less buyers for early Mopars than Ford or even Chevy. Does anyone know of a good die hard Mopar site? That may be the next step. I don't want to drop the price so low that just the flippers start looking. I would rather sell it to the next real owner so he knows what's been done and can be shown the degree of restoration done to the internal components. That's going to get lost in the flip.

I welcome all ideas. I just figured I would start this thread so anyone selling a car could say how it's been, what has worked or what hasn't.

Thanks for all the posts so far.

Auburnseeker,

have you tried listing it below under the "Chrysler forum" ?

http://forums.aaca.org/f145/

I know a lot of guys only come on here to search specific areas and may never see it here or on Ebay.

Another question is WHY you want to sell. If you don't have to sell, and you don't get what you think is a "fair" price by your definition, and you would be happy keeping it, might as well keep it.

This is a very different situation from when you MUST sell, regardless of price, and have to figure out how to do it to best advantage.

This just in. The middle class is 20% poorer than it was in 1984. Three lost decades. The wages of the working class and middle class have been stagnant for 30 years while the richest got richer.

Washington Post article here

http://m.washingtonpost.com/blogs/wonkblog/wp/2014/07/29/the-middle-class-is-20-percent-poorer-than-it-was-in-1984/

This just in. The middle class is 20% poorer than it was in 1984. Three lost decades. The wages of the working class and middle class have been stagnant for 30 years while the richest got richer.

Washington Post article here

http://m.washingtonpost.com/blogs/wonkblog/wp/2014/07/29/the-middle-class-is-20-percent-poorer-than-it-was-in-1984/

Oh......there's still a middle class??

Most of the rich guys I know have a lot of people working for them, restoring their cars, building yachts, maintaining their property, investing in businesses, etc. The money isn't buried under their Olympic swimming pool in the back yard. To put it in simple terms, they are paying people to work. Some people would prefer we confiscate the money and then redistribute to people that use it to sit on their sofa watching Oprah, smoke dope and eat Doritos. Why is that such a better idea?