FS: 2002 C32 AMG, 49,XXX MILES. $17,300 OBO.
10-17-2011, 02:01 AM
#26
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OP, your car is rare. there should be no reason why you should keep on lowering the price, especially in the condition your car is in. list it on craigslist or the other sites you were talking about for that $17,000 price and see what you get. i'm all for cars being sold for people getting the right amount of money for the right kind of cars. i'm tired of seeing people selling there cars on her efor dirt cheap because people say they're worthless. make the sale correctly, you have positive things on your side that scarcely ever show up on the market.
Last edited by MIKESV8; 10-17-2011 at 02:07 AM.
10-17-2011, 01:13 PM
#28
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2008 A8L, 2002 996TT X50, 2009 X5
With all due respect, being surprised if my car sold for over "about 12K" shows a lack of knowledge on your end similar to how you think my asking price is 4K+ over its top end value. Simply put, if i wanted to just give it away i'd list it at 12K and sit by my computer and wait (and I wouldn't have to wait for very long), but im trying to sell it so im listing it at 16.1K OBO. Check the other postings on this thread to see the prices they found and your reading comprehension skills should hopefully lead you to conclude that my asking price is reasonable. If you cant take that away from your reading then you just might realize that my car is still easily worth more than 12K.
With your knowledge on cars, it should not come as a surprise to you that by modifying a C32 to the extent that you have with yours, limits the number of prospective buyers. Consequently, with less buyers you would struggle to find someone to hand over $15K. Just a thought. That is unless you go through the hassle, time and labor of bringing your car back to stock then selling it. At that point you could try to recoup some cash by selling your mods/parts but now ur spending a lot more of your valuable time trying to sell multiple items. Im not against modding at all, im just staying on topic regarding resale value.
Thank you for your input, and the news flash on the current state of affairs of the economy, employment, and the weather. I didn't realize winter was coming. I will keep those things in mind when negotiating with potential buyers.
With your knowledge on cars, it should not come as a surprise to you that by modifying a C32 to the extent that you have with yours, limits the number of prospective buyers. Consequently, with less buyers you would struggle to find someone to hand over $15K. Just a thought. That is unless you go through the hassle, time and labor of bringing your car back to stock then selling it. At that point you could try to recoup some cash by selling your mods/parts but now ur spending a lot more of your valuable time trying to sell multiple items. Im not against modding at all, im just staying on topic regarding resale value.
Thank you for your input, and the news flash on the current state of affairs of the economy, employment, and the weather. I didn't realize winter was coming. I will keep those things in mind when negotiating with potential buyers.
In the end, only you can decide what your floor is, only you know how desperate you are to sell, etc. Those are big factors in determining how quickly your car moves, and at what price. Performance-oriented, high hp/tq RWD sports cars and sports sedans see demand fall in the fall/winter, and then bump up in the spring/summer... the values fluctuate accordingly. Assuming no significant changes to the listing, you'd probably fetch more money for your car in April/May, than Oct/Nov... just the way it is (in areas with 4 seasons, anyway, IMHO).
Have you called any dealerships, maybe Euromotors in Bethesda, to see what they'd offer you for the car? If nothing else, it might be a useful data point for you to consider. While a bone-stock C32 might sell faster than a modified one (debateable), in either case you probably need a cash buyer, because the vast majority of financial institutions won't finance a car older than about 7-8 years. They also won't finance for over 100% of what their used-guide value claims the value to be, regardless of whatever individuals (buyers or sellers) might think.
In the end, other than simple curiosity, I really don't care about how much you can sell your car for, or how quickly it occurs. I did (repeatedly) say it should be at the top-end for '02 C32s, I hope you can get top-dollar for it and would love to be wrong with my earlier assumption. And who knows, maybe I was wrong/too-low, and you wind up getting something like $14.5k for it. Or, maybe someone wants it so bad, they call you up right now and offer your full (new) asking price of $16.1k. If the timing's just right, and that one buyer is out there willing... that's all that matters.
Again, GLWS. You'll be happy to know, this is my last post in this thread... you may gladly have the last word.
10-17-2011, 01:55 PM
#29
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but i think we're both saying the same thing. Thanks for the input, cheers man 
10-17-2011, 04:18 PM
#30
If a car depreciates to only be worth ~20% of it's original sticker within the first 10 years, I'd consider that not holding its value well. Admittedly, such conclusions are inherently subjective.
You're welcome - after all, this isn't the classifieds section... this is the general C32, C55 AMG subforum. Anywho, you started this thread seeking $17.3k, right? When posters like jturkel expressed you had "no shot" of getting that (which was the post I replied to, because I was agreeing with his post), you dropped your asking price by over a thousand dollars, within the first day or two.
In the end, only you can decide what your floor is, only you know how desperate you are to sell, etc. Those are big factors in determining how quickly your car moves, and at what price. Performance-oriented, high hp/tq RWD sports cars and sports sedans see demand fall in the fall/winter, and then bump up in the spring/summer... the values fluctuate accordingly. Assuming no significant changes to the listing, you'd probably fetch more money for your car in April/May, than Oct/Nov... just the way it is (in areas with 4 seasons, anyway, IMHO).
Have you called any dealerships, maybe Euromotors in Bethesda, to see what they'd offer you for the car? If nothing else, it might be a useful data point for you to consider. While a bone-stock C32 might sell faster than a modified one (debateable), in either case you probably need a cash buyer, because the vast majority of financial institutions won't finance a car older than about 7-8 years. They also won't finance for over 100% of what their used-guide value claims the value to be, regardless of whatever individuals (buyers or sellers) might think.
In the end, other than simple curiosity, I really don't care about how much you can sell your car for, or how quickly it occurs. I did (repeatedly) say it should be at the top-end for '02 C32s, I hope you can get top-dollar for it and would love to be wrong with my earlier assumption. And who knows, maybe I was wrong/too-low, and you wind up getting something like $14.5k for it. Or, maybe someone wants it so bad, they call you up right now and offer your full (new) asking price of $16.1k. If the timing's just right, and that one buyer is out there willing... that's all that matters.
Again, GLWS. You'll be happy to know, this is my last post in this thread... you may gladly have the last word.
You're welcome - after all, this isn't the classifieds section... this is the general C32, C55 AMG subforum. Anywho, you started this thread seeking $17.3k, right? When posters like jturkel expressed you had "no shot" of getting that (which was the post I replied to, because I was agreeing with his post), you dropped your asking price by over a thousand dollars, within the first day or two.
In the end, only you can decide what your floor is, only you know how desperate you are to sell, etc. Those are big factors in determining how quickly your car moves, and at what price. Performance-oriented, high hp/tq RWD sports cars and sports sedans see demand fall in the fall/winter, and then bump up in the spring/summer... the values fluctuate accordingly. Assuming no significant changes to the listing, you'd probably fetch more money for your car in April/May, than Oct/Nov... just the way it is (in areas with 4 seasons, anyway, IMHO).
Have you called any dealerships, maybe Euromotors in Bethesda, to see what they'd offer you for the car? If nothing else, it might be a useful data point for you to consider. While a bone-stock C32 might sell faster than a modified one (debateable), in either case you probably need a cash buyer, because the vast majority of financial institutions won't finance a car older than about 7-8 years. They also won't finance for over 100% of what their used-guide value claims the value to be, regardless of whatever individuals (buyers or sellers) might think.
In the end, other than simple curiosity, I really don't care about how much you can sell your car for, or how quickly it occurs. I did (repeatedly) say it should be at the top-end for '02 C32s, I hope you can get top-dollar for it and would love to be wrong with my earlier assumption. And who knows, maybe I was wrong/too-low, and you wind up getting something like $14.5k for it. Or, maybe someone wants it so bad, they call you up right now and offer your full (new) asking price of $16.1k. If the timing's just right, and that one buyer is out there willing... that's all that matters.
Again, GLWS. You'll be happy to know, this is my last post in this thread... you may gladly have the last word.
My Philly brother is absolutely correct in that your 02 COULD fetch what you ask. Possible YES, Probable NO!!! My car, which is also an 04 (2 MY years newer than the 02) would probably fetch no more than $12-$15 K max and its got 11 K less miles than yours. Now that we're all dreaming, lets just ask what we THINK our cars are worth, forget the market place!!!
10-17-2011, 04:30 PM
#31
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IN light of this debate, whats an 04 with ONLY 39 K miles (modded) worth?? I KNOW I have the good radiator (does he ^^^??? ) , my seat heaters all work (do his??? ^^) and its been dealer maintained. I don't have Comand, BUT do have the Bi-Xs which are worth a lot more than any Navi!!
My Philly brother is absolutely correct in that your 02 COULD fetch what you ask. Possible YES, Probable NO!!! My car, which is also an 04 (2 MY years newer than the 02) would probably fetch no more than $12-$15 K max and its got 11 K less miles than yours. Now that we're all dreaming, lets just ask what we THINK our cars are worth, forget the market place!!!
My Philly brother is absolutely correct in that your 02 COULD fetch what you ask. Possible YES, Probable NO!!! My car, which is also an 04 (2 MY years newer than the 02) would probably fetch no more than $12-$15 K max and its got 11 K less miles than yours. Now that we're all dreaming, lets just ask what we THINK our cars are worth, forget the market place!!!
10-17-2011, 04:56 PM
#32
12k is all you are going to get.
10-19-2011, 12:26 AM
#34
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2002 C32, 2011 VW GTI
With all due respect, being surprised if my car sold for over "about 12K" shows a lack of knowledge on your end similar to how you think my asking price is 4K+ over its top end value. Simply put, if i wanted to just give it away i'd list it at 12K and sit by my computer and wait (and I wouldn't have to wait for very long), but im trying to sell it so im listing it at 16.1K OBO. Check the other postings on this thread to see the prices they found and your reading comprehension skills should hopefully lead you to conclude that my asking price is reasonable. If you cant take that away from your reading then you just might realize that my car is still easily worth more than 12K.
With your knowledge on cars, it should not come as a surprise to you that by modifying a C32 to the extent that you have with yours, limits the number of prospective buyers. Consequently, with less buyers you would struggle to find someone to hand over $15K. Just a thought. That is unless you go through the hassle, time and labor of bringing your car back to stock then selling it. At that point you could try to recoup some cash by selling your mods/parts but now ur spending a lot more of your valuable time trying to sell multiple items. Im not against modding at all, im just staying on topic regarding resale value.
Thank you for your input, and the news flash on the current state of affairs of the economy, employment, and the weather. I didn't realize winter was coming. I will keep those things in mind when negotiating with potential buyers.
With your knowledge on cars, it should not come as a surprise to you that by modifying a C32 to the extent that you have with yours, limits the number of prospective buyers. Consequently, with less buyers you would struggle to find someone to hand over $15K. Just a thought. That is unless you go through the hassle, time and labor of bringing your car back to stock then selling it. At that point you could try to recoup some cash by selling your mods/parts but now ur spending a lot more of your valuable time trying to sell multiple items. Im not against modding at all, im just staying on topic regarding resale value.
Thank you for your input, and the news flash on the current state of affairs of the economy, employment, and the weather. I didn't realize winter was coming. I will keep those things in mind when negotiating with potential buyers.
Also, people are willing to pay a small fortune for primitive muscle cars with far inferior acceleration, much less handling and braking. So values of older cars can based on more than the age of the technology.
But that doesn't really apply to the C32 at this point. Because there's no nostolgia for these cars yet, you're left with used car market realities. At 12k, you're starting to get into the "why bother?" range. I guess it depends on how bad you want to sell it. Unless you're dead broke and need the cash, it might make sense to hold onto it for awhile, especially with 49k miles on it. Give this 5-6 years and there might be a different reality, especially with the low production of the C32.
Last edited by Slater126; 10-19-2011 at 12:29 AM.
10-19-2011, 12:56 AM
#35
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someone made me an offer of $30k for my car saturday. well...long story, but MTV sort of made me the offer. i'll be picking up an E55 this year anyways for close to that price.
OP, your car is rare. there should be no reason why you should keep on lowering the price, especially in the condition your car is in. list it on craigslist or the other sites you were talking about for that $17,000 price and see what you get. i'm all for cars being sold for people getting the right amount of money for the right kind of cars. i'm tired of seeing people selling there cars on her efor dirt cheap because people say they're worthless. make the sale correctly, you have positive things on your side that scarcely ever show up on the market.
OP, your car is rare. there should be no reason why you should keep on lowering the price, especially in the condition your car is in. list it on craigslist or the other sites you were talking about for that $17,000 price and see what you get. i'm all for cars being sold for people getting the right amount of money for the right kind of cars. i'm tired of seeing people selling there cars on her efor dirt cheap because people say they're worthless. make the sale correctly, you have positive things on your side that scarcely ever show up on the market.
10-19-2011, 04:28 AM
#36
Senior Member
well there is a difference between a private seller price and a dealer price to really know how much your car is worth take it to a dealership ask them how much they will give you for it then add 2k for anything over 10k and 1k for anything over 6k and 500 for anything below that............... you guys can keep dreaming on the fact is that c32s are worth as much as somebody is willing to pay for it as for me i know i wont get anything over 10k for mine so im just going to drive it till the wheels fall off, after that i will take the motor out and make fun dune buggy lol
