Lahti35 Posted May 3, 2018 Share Posted May 3, 2018 No I'm not talking about the defunct Coney Island attraction... I'm talking about asking price vs. realized price. In my search for a touring car from the 20's in the last two months I've run into this type of thing a lot: https://www.ebay.com/itm/1916-Willys-/282930554750?hash=item41dff9a77e%3Ag%3AhR4AAOSw7-palgdM&vxp=mtr&nma=true&si=VFTH%2F%2FvQ3kR%2B7p7e4W%2FyEQXEpGk%3D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557 $39,000.... not if people don't want to pay it. At any time in the history of the antique car hobby was this a $39,000 car? Link to comment Share on other sites More sharing options...
1912Staver Posted May 3, 2018 Share Posted May 3, 2018 (edited) A nice enough car but yes $39,000.00 sounds very optimistic. I have seen several as nice in the late teens era sell for around $25,000.00. 6 Cyl. Buicks are great cars and they are usually in the $20-$25,000.00 range, the 4's several thousand less. It is a remarkably original car. However with that in mind the price still seems unrealistic . It's a free country, a person can ask whatever they please. Getting a sale however is quite another thing. Greg in Canada Edited May 3, 2018 by 1912Staver (see edit history) Link to comment Share on other sites More sharing options...
John_S_in_Penna Posted May 3, 2018 Share Posted May 3, 2018 My impression of car corrals and cars for sale: It used to be, at Hershey, that cars were marked 10% to 20% above what the seller really expected to get. There were vastly overpriced cars, but they were the exception. Nowadays, looking at prices, I see asking prices 50% to 100% above realistic values. Sometimes even more. Those asking prices have reached the point of irrelevance. Such optimism (or avarice), I think harms our hobby, because the newcomer, possibly interested and investigating the market, sees prices that he may not be able to afford. "Affordable fun" is what I constantly point out to people who show interest. 1 Link to comment Share on other sites More sharing options...
John_S_in_Penna Posted May 3, 2018 Share Posted May 3, 2018 3 hours ago, Lahti35 said: $39,000.... not if people don't want to pay it. At any time in the history of the antique car hobby was this a $39,000 car? Actually, he's asking $40,000. He marked it at $39,995 so you get $5 change and get the false impression that it's cheaper than $40,000. Do you think the advertised 1916 Willys is a $10,000 to $15,000 car? Link to comment Share on other sites More sharing options...
Guest Posted May 3, 2018 Share Posted May 3, 2018 "No need to waste my time or yours!" He already has. Link to comment Share on other sites More sharing options...
1912Staver Posted May 3, 2018 Share Posted May 3, 2018 21 minutes ago, John_S_in_Penna said: Actually, he's asking $40,000. He marked it at $39,995 so you get $5 change and get the false impression that it's cheaper than $40,000. Do you think the advertised 1916 Willys is a $10,000 to $15,000 car? No , but this era of "middle class" car is typically $20,000.00 - $25,000.00 in my experience. And probably not fast sellers even at that price. Greg Link to comment Share on other sites More sharing options...
Lahti35 Posted May 3, 2018 Author Share Posted May 3, 2018 51 minutes ago, John_S_in_Penna said: Actually, he's asking $40,000. He marked it at $39,995 so you get $5 change and get the false impression that it's cheaper than $40,000. Do you think the advertised 1916 Willys is a $10,000 to $15,000 car? I don't think it would be that low.... but I do know on May 2, 2018 when it ended the second time he couldn't find a bidder at 14,000. Link to comment Share on other sites More sharing options...
Mark Wetherbee Posted May 3, 2018 Share Posted May 3, 2018 1 hour ago, Lahti35 said: I don't think it would be that low.... but I do know on May 2, 2018 when it ended the second time he couldn't find a bidder at 14,000. If it was listed with “reserve not met” and had no bids at $14k it tells me that it should be that low... I would have thought it would have more interest than 5 different bidders ending at $7100 but there you have it Link to comment Share on other sites More sharing options...
George Smolinski Posted May 3, 2018 Share Posted May 3, 2018 "At any time in the history of the antique car hobby was this a $39,000 car?" Yes, when it had a suitcase with $30,000 in it that went with the car. 1 Link to comment Share on other sites More sharing options...
60FlatTop Posted May 3, 2018 Share Posted May 3, 2018 3 hours ago, John_S_in_Penna said: He marked it at $39,995 so you get $5 change Where I come from that means it has 95,000 miles on it, makes the salesman look smarter when he points to a car from the showroom window. I tried out a car one time and as I drove off the lot I noticed it was a 990 something and ready to roll over. It had some odd number on the windshield like $18, 036. I said "You are going to have to raise this car a buck when we get back. He just smiled. That's a hundred bucks to a car salesman, just a marker. I walked into a Buick dealer showroom around 1977 and asked for the price on this car: Fifty bucks. So I am doing the paperwork in the office and hanging on the wall is the newspaper page with "This Week's Specials" The car was listed for $49.95! I asked him what kind of shenanigans was going on there! I don't forget stuff like that. Bernie Link to comment Share on other sites More sharing options...
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