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Selling my car - what's it worth?


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3 hours ago, Dave Eastwood (Gadgetman) - Club Secretary said:

We are absolutely seeing traders join (paying, legitimately) to try and snap these up so they can flip them for a good profit.

I suspected an interested party for mine was one such.

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3 hours ago, Dave Eastwood (Gadgetman) - Club Secretary said:

I suspect your definition of what’s got a bit of a patina of use on it, is probably harder on the car than many others would be.

^^^^^^

I was this too

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2 hours ago, Steve (sdh2903) said:

Does this mean we'll see the porsche replica  build start back up???

 

well I did wipe it over the other day 😁😎 the Spyder that is !

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5 hours ago, Dave Eastwood (Gadgetman) - Club Secretary said:

One of the topics of conversation at the last Cheshire & N. Staffs meet kind of revolved around this sort of thing - we had a few there that had bought recently, also, being petrol heads a long way from first car buying days, many of us have history when it comes to buying niche vehicles!

 

One of the interesting things to come up, (as I’ve noticed a lot, here), and I should stress, this is many cars that attract strong ownership clubs, not just Westfields, one example quoted was DeLoreans, so not just kits, either! Was that members of big owners clubs tend to consistently under value their cars. It’s a combination of things, I suspect, we’re perhaps too close to them, and not analytical enough, there’s also a definite “priced for Club Members” trend, as we like to think of our babies in the hands of fellow enthusiasts etc.. and even an “I know what I want for it, and am happy with that” approach, that avoids looking at market values, all together!

 

One of the downsides of the undervaluing approach, is that I’m afraid all the chumming the water with way underpriced cars has started attracting the sharks. We are absolutely seeing traders join (paying, legitimately) to try and snap these up so they can flip them for a good profit.  

 

 

Valid points Dave - I knew you would have a something valuable to say, if a little lengthy 😀👍

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