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YOUR RESEARCH2002 - Low Miles - HIGH reserve price
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Replace i did and i got a reply
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I did and I got a reply that the oil was changed in May of 2011.
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Suggestion
The 10K miles isn't a big deal if you allow 1K to replace the IMS bearing with one of Jakes...
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Even if he changed the oil religiously every year since 02, that's 9 oil changes where the oil just sat in the bottom of the motor for months on end collecting generous amounts of moisture.
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Suggestion
Ask him if he has records of the oil being changed once a year.
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Suggestion
Also set aside $1200 grand for the factory Aerokit I Side Skirt Set -- really makes that car.
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Even if he changed the oil religiously every year since 02, that's 9 oil changes where the oil just sat in the bottom of the motor for months on end collecting generous amounts of moisture.
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So I contacted the seller of the car linked below. It's a 1 owner '02 Cab with 10k miles and very few options. It was an $84k sticker price according to the seller. I asked him what his reserve is thinking it would be around $30k and he replied to me it's $50k. It's too bad as he is close to me and would be easy for me to buy the car but FIFTY GRAND!? I could buy an '07 for that price. Plus, the miles are so low it could be considered a negative. People are people! Classic!
http://cgi.ebay.com/ebaymotors/ws/eB...K%3AMEWAX%3AIT
I did and I got a reply that the oil was changed in May of 2011. I was thinking, "ya, but what about the other 9 years!?" With that kind of reserve the guy is totally out of it so I won't even bother replying to him except to say no thanks. I just thought a few of you might get a chuckle.
I think the auction will go to about $30k-$31k.
My car is the same year/color/cab -- maybe a few more options in near mint condition. It had with 45,000 miles on it for $25K. Most seemed to be going for around +-$30K. If you could get for $30 and then just do the IMS for a few grand, you'd have a great deal. He has to know he's way out of bounds on that price.
Also set aside $1200 grand for the factory Aerokit I Side Skirt Set -- really makes that car.
+1 on the above. Engine compartment looks incredibly dirty for 10k miles, unless he lives on a country road and drove out to his mailbox and back every day for the last 9 years. Looks odd to me for the miles.
It's a low option (no exclusive option X codes on the sticker) plain jane c2 convertible. It must be nice to live at fantasy camp and ask $50k.
Knowing what we (on this forum) know, I don't think it's worth $30K.
Even if he changed the oil religiously every year since 02, that's 9 oil changes where the oil just sat in the bottom of the motor for months on end collecting generous amounts of moisture.
I bet if you drained the oil that was supposedly changed in May 2011, you would find water in the oil.
The truly sad part is, THIS APPLIES TO PORSCHES PONTIACS AND EVERYTHING INBETWEEN!
If you don't drive it, get it up to operating temperature and let the materials "work together" you are asking for trouble.
Looked kind of dried out and unloved in the pics. Could be a diamond. Maybe if you explain to the guy that his asking price is way out of wack and he should go do his homework and get back to you.
Let me first say I want a higher mileage car but this was nearby so thought I would enquiry. After laughing, and posting here, I decided I had to tell him it's not a $50k car and tell him to save his listing fees and time. He replied, "My car is something you have to see in person, It's just like new and that's what it's worth to me. I don't have to sell, l love this car, would just like to see someone use it more than I can, We have quite a few cars. The dealers always want my car and want me to purchase a new one. My car is no different from the new ones, it has very few miles. You can reach me at 925-XXX-XXXX with any additional questions. IThanks!"
I promise that is the real reply. I didn't make it up. How could I really!? I laugh again as I re-read it. Only in America!
Gotta love people like this.
Did he even spend one minute to research the blue book value?
I'm not sure about the options, but private party in California:
$38k excellent
$36k good
$50 grand? HUH?
Ummm...yeah...aside from the fact that it's not new, it's 9 years old, and it has been on the road for 10,000 miles.
He really thinks his car only depreciated about 30% from its original value over 9 years? That's just deluded. While the 996 is still often maligned by purists and it has actually retained its value quite well in comparison to other makes of cars, it isn't yet a collectors item and it has certainly lost far more than 50% of its value over this period of time.
Even if it's been stored in a bubble, no dealer in the world would offer him more than $20-22K for it. It's a C2 and with few options? His price is laughable.
-Eric
Good for you! ugh....
[/QUOTE] "The dealers always want my car and want me to purchase a new one"[/QUOTE]
Yes, i'm sure the dealer wants your car....for $23K. And yes, I am sure they want you to purchase a new one.
[/QUOTE] My car is no different from the new ones[/QUOTE]
Well, that's a revelation! I wonder if he knows what IMS stands for?
It would be one thing if this guy had been on his hands and knees detailing the thing for ten years.
It's funny because it's kind of a stripper and basicaly a POS.
It makes his formal attitude even more amusing. Maybe you could wait till he looses the rest of his mind and just take it!
The dotering fool.
Yes - something is not right with this deal. As someone else mentioned the engine compartment looks pretty poor for a low mileage well maintained car. His add does say oil change and tune up every year. and he just put new breaks on (hope he meant brakes and not that something new is broken) Talks a lot about like new but says since he bought it - but not that he bought it new.
And yes - his price makes me think he doesn't know these cars.
+1 on the applies to everything - I have a 2002 Olds 4.0 with 53k miles - I spend more on repairs on it than I do the Porsche and the GM dealer always tells me the same thing "it's because you don't drive it". I mean to drive it, I really do, but I have to walk past the Porsche to get to the Olds and the Porsche always whispers "drive me" - so I always do.
"The dealers always want my car and want me to purchase a new one"[/QUOTE]
Yes, i'm sure the dealer wants your car....for $23K. And yes, I am sure they want you to purchase a new one.
[/QUOTE] My car is no different from the new ones[/QUOTE]
Well, that's a revelation! I wonder if he knows what IMS stands for?[/QUOTE]
I wouldn't worry about if knows what IMS stands for. He doesn't even know the meaning of new and used.
Sincerely,
Macster.
+1, either that or he really doesn't have a clue. If he bought it new, he probably can't bear the thought of taking that big of a loss on it, welcome to the real world!
Very true. Case in point. A local Porsche dealer is/was recently selling a low mileage CPO '04 C4 Cab for $48K. I called and told them that I'd be happy to pay a market price for the car if they were willing to be reasonable. I also knew the car had been sitting on their lot for over 6 months. The pricing manager gave me a very long story about how the car was priced, that my data was wrong, that this car was an odd example and that he couldn't explain why it was still on his lot, etc.
I was in the area a few weeks later and decided to drop by to see the car out of curiosity. When I walked in they they told me that it was sold but there was a chance it might fall through. Uh huh...ummm...okay. Needless to say, they called me that evening and told me that the sale fell through. They claimed the potential buyer was a young kid whose parents put the kibosh on it when she upset them over something.
So, yeah, a young kid who can afford an almost $50K car (provided they don't first **** off their parents) = stupid enough to pay $50K for a car worth ~$38K.
-Eric
I think this seller needs to take the proceeds from his sale (whatever the final price may be) and take a few classes on English and grammar at his local community college. His ad would certainly read better if he knew the difference between "breaks" and "brakes" or "there" and "their".
