In reply to ScreaminE:
negotiation tactics. I've seen too many show up around here as runners well under this guy's asking price. In my book the value is closer to 1000 than 2000, but even at 1000 it's not one I would even be all that interested in.
In reply to ScreaminE:
negotiation tactics. I've seen too many show up around here as runners well under this guy's asking price. In my book the value is closer to 1000 than 2000, but even at 1000 it's not one I would even be all that interested in.
ScreaminE wrote: On the test drive around the neighborhood, he says $2k is his rock bottom price and won't take a penny less. He thinks because 10 people have contacted him through craigslist, that the car is worth even more than he's advertising. WWGRMD?
Those ten people are contacting him because he put the wrong model year in his ad. I would walk, you can leave your contact information for when this guy gets back to reality.
The price is high for a '99, way high for a '90. None of those other callers expects to pay the asking price for a '99, let alone a '90. I wouldn't have any problem buying a car with a bad tranny. I'd take the value of the car without the problem, subtract the worst case scenario cost of a shop replacing the tranny, and START negotiations from there. I recently bought a nice 2002 MPV with a bad tranny for $1600. I knew going in that it was a most likely a realatively easy fix, but I wasn't going anywhere near the sellers asking price. Too often the seller says "It's worth $5000 fixed, and I found a shop that will fix it for $2000, so I want $3000 for it." I just tell them to fix it before they sell it then and assume the risk, or accept my offer and I will assume it.
The "heavy phone interest" is because the a-hole listed it as a 99 for 2k, not a 90. Call him back and ask how many people have actually shown up with money in hand and were willing to buy a 90 model with bad tranny (a slushy at that) for 2k.
Boost_Crazy wrote: The price is high for a '99, way high for a '90. None of those other callers expects to pay the asking price for a '99, let alone a '90. I wouldn't have any problem buying a car with a bad tranny. I'd take the value of the car without the problem, subtract the worst case scenario cost of a shop replacing the tranny, and START negotiations from there. I recently bought a nice 2002 MPV with a bad tranny for $1600. I knew going in that it was a most likely a realatively easy fix, but I wasn't going anywhere near the sellers asking price. Too often the seller says "It's worth $5000 fixed, and I found a shop that will fix it for $2000, so I want $3000 for it." I just tell them to fix it before they sell it then and assume the risk, or accept my offer and I will assume it.
This. Guy said "$2k is the least I'll take. I'm losing money at that point." He was so delusional that I didn't want to explain to him that of course you lose money on a car that doesn't have a working transmission. He told me that a used transmission will cost $700 at most and the car working is worth $3k.
He also said that if he can't get $2k, he's keeping it. I almost told him how to fix the damn'd thing before I left, but I am holding out to see if he caves eventually. I'd still pay $1200.
ScreaminE wrote: I'd still pay $1200.
Well cripes, how much would you like to pay for mine? It's got a working 5 speed manual. As well working a/c and power steering?
In reply to foxtrapper:
$1200
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