How to set a price.

flatblack55delivery · PORT HOPE, ONT

How to set a price.

Cat in the Hat · BRANTFORD, ONT

Good question flatback

This could be a long thread. But i think it boils down to this

How bad do you need the money

I have seen cars with $60,000 price tags sell to less than half that

How bad do yo want to buy it

I have seen people way over pay for smoething they had to have

Cash is king. If you have it. And soneone needs it. There is always a deal to be made

slim · DUNDAS, ONT

Fire sales and anything way underpriced sell quick. For the rest anything over 10 seems to take some time. Even the auto makers are starting to clue in all those people they trashed to save a few bucks per part were the people buying their product. Compound this with our stupid government feeding its greed and crackhead logic its surprising that its not worse . Yet. Some of us still have it fairly good but there are a hole lot more just getting by . People living two pay checks ahead of the mission don't buy new cars or toys and there numbers are growing.

-- Edited by slim on Monday 12th of August 2013 12:07:58 AM

atomsplitter · NEWCASTLE, ONT

I go to auctions and the golden rule is that something is worth only what someone will pay for it on any given day.
IMO cars can be tough to sell if they don't appeal to a large market. With dealerships constantly selling at 0% interest your car had better be in demand and at a reasonable price to compete. Most vehicles between 10 and 30 years old are a hard sell unless they are already Emissions exempt, they are already certified and they are priced to sell. Vehicles over 30 years old had better be in demand, rare or at least interesting.

v8deuce · OAKVILLE, ONT

I will have to agree with grumps but do a goggle search or kijjij to get an idea of a basic value and like glen says cash is king!

Randy

shag766 · FOXBORO, ONT

slim wrote:
Fire sales and anything way underpriced sell quick. For the rest anything over 10 seems to take some time. Even the auto makers are starting to clue in all those people they trashed to save a few bucks per part were the people buying their product. Compound this with our stupid government feeding its greed and crackhead logic its surprising that its not worse . Yet. Some of us still have it fairly good but there are a hole lot more just getting by . People living two pay checks ahead of the mission don't buy new cars or toys and there numbers are growing.

-- Edited by slim on Monday 12th of August 2013 12:07:58 AM

X2

oldkoot · BROCKVILLE, ONT

The economy is really still in the tank both here and the US, as said previously many people are living paycheck to paycheck, the day of 60k plus manufacturing jobs are quickly going away replaced by minimum wage jobs. As a result you can buy nice rods today for .40 cents on the dollar, you'll never build one as cheap. You don't even want to think whats going to happen when interest rates start rising again!!!!

Modfather · VICTORIA HARBOUR, ONT

I agree with grumps, I have even over paid for something I wanted not needed, not often but I have. It was for sale it was over priced and I knew it, I bought it . Was I a fool? I don't think so I am enjoying it and having fun, Is there a price on that? On the other hand I have sold many rides and have done very very well on. So for me as long as I win on average I am good with that as long as I am having fun and still enjoying the hobby. lets not forget we are a long time dead and will we still be driving or even here in ten years?. I am enjoying rolling hard now well I can. So pricing is all relevant to ones perspective in my opinion. But the market is still soft but I have noticed it is coming back slowly for cars that are properly priced. Those that think their cars are worth more just because they seen something similar on the latest B.J auction are fools and will never sell what they have.

dualquadpete · BLACKSTOCK, ONT

I think in the our "Hobby" it's TANKED!!! You can figure out what you want to ask, then drop off about 35% & you'll be "CLOSE" to what you MAY get for it!!! I only know of a few cars that have been bought [4 or 5] by one person in my area, all of his purchases were "HIGH" end street rods bought at "FIRE" sale prices way under the asking price, some as much as 1/2 the price but the sellers needed $$$ & he just happens to be able to BUY!!! I gave up on selling the 64 Catalina, just offers to trade for a "BIKE" or real "low ball" offers that i refused b-4 they even saw it!! I don't "have" to sell it!!! I'm also thinking that maybe the insurance appraisel is too "high" now, unless something happened to it!!!!, I'm paying higher premium, for a car thats not worth as much in re-sale dollars [not appr. $$$] With market slipping, will the Ins. co. start to lwr. the value or revise the 19a figure by having you get another Appr.???? Spoke with an Appraiser at cruise in last week & he said the values are starting to show a downward trend to due this. Might as well just keep your toys [if you can] drive the "snot" out of them & ENJOY!!! Pete

Modfather · VICTORIA HARBOUR, ONT

Don't be bitter Pete there are lots of enthusiasts still. This is just a trend and it will turn around again. The same thing happened in the 70's and again in the 80's and the market took off again once the economy got better. If you don't need or want to sell then just hold off. On the other hand if you have a bit of disposable cash now is the time to buy for sure. I have always had a better return on my cars than the bank. Think of long term biggrin

oldkoot · BROCKVILLE, ONT

Andy,
I think the problem going forward will be age related, our age not the cars. Younger generation has less interest in what we like in rides, it's like how many of use want a totally stock Model T, not many I think. Between the changing job market, age demographics( sorry to say we're dying off as the years go by and most of us have already bought what we want), I believe there will be a much smaller demand for the cars of our generation. The good old days of prices rebounding may be just a memory.

hemi43 · ONTARIO

Modfather wrote:
This is just a trend and it will turn around again. The same thing happened in the 70's and again in the 80's and the market took off again once the economy got better.
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I wish I was as optimistic as you Modfather !! We're on the edge of a very big cliff, that within the next 5 years we're all going to get pushed over. It's inevitable and I'll be surprised if it doesn't happen sooner. The US is at the brink of collapse in too many different areas. Peak oil, water shortages, financial system or another terrorist attack in the form of a dirty bomb will set it off. Enjoy today.

janies dirty 37 · SOUTH RIVER, ONT

hemi43 wrote:
Modfather wrote:
This is just a trend and it will turn around again. The same thing happened in the 70's and again in the 80's and the market took off again once the economy got better.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
I wish I was as optimistic as you Modfather !! We're on the edge of a very big cliff, that within the next 5 years we're all going to get pushed over. It's inevitable and I'll be surprised if it doesn't happen sooner. The US is at the brink of collapse in too many different areas. Peak oil, water shortages, financial system or another terrorist attack in the form of a dirty bomb will set it off. Enjoy today.

Jeeez Dan. You sound like the prime minister of doom and gloom cry .

Please ensure your cornflakes are covered in the morning so no one pi$$es in them again. biggrin

Go for a ride smile ....You'll cheer up. lol

Janice

slim · DUNDAS, ONT

A little two much thought. Dan . Hole lot easy'er to sink us just by getting the Asian Country's to stop shipping anything west.kinda funny . simple fast effective smile

hemi43 · ONTARIO

janies dirty 37 wrote:

Please ensure your cornflakes are covered in the morning so no one pi$$es in them again.
Go for a ride ....You'll cheer up. lol

Janice

FYI I have Shreddies in the morning, but have been pissed at them too since they didn't include cool toys in the box.

Cat in the Hat · BRANTFORD, ONT

Geeezes Dan. DONT EAT SHREDDIES

they give you a bad case of optim-assis

Thats where your optic nerve connects to your azzhole

AND GIVES YOU A $HITTY OUTLOOK ON LIFE

janies dirty 37 · SOUTH RIVER, ONT

flatblack55delivery · PORT HOPE, ONT

Ahhh ShreddedWheat,In a bowl 2 of those wheat logs, with brown sugar on top,pour a little hot water to soften them up then wolf them down,now thats breakfast. Ed

Modfather · VICTORIA HARBOUR, ONT

Hey Don:

You are right when it comes to stock cars. On the other hand when ever I take one of my customs or the hot rod to a show the younger generation are all over them and asking sensible questions. I always try to answer their questions to the best of my ability and encourage them in any way I can. This also includes letting them touch and feel even sit in them.

Ragtop · BELLE RIVER, ONT

slim wrote:
A little two much thought. Dan . Hole lot easy'er to sink us just by getting the Asian Country's to stop shipping anything west.kinda funny . simple fast effective

That's it in a nutshell - we need to start imposing tariffs again to get our industry running again. All we're doing now is selling off all our natural resources - what kind of shape will this leave our grandkids in? The fat cat politicians and their cronies have all invested heavy in foreign companies and there's no way in hell they'll cut their own throats by getting rid of free trade - fair trade is what's needed.

Cat in the Hat · BRANTFORD, ONT

x2 Mod !!!!!!

If we dont talk to, encourage, let them sit in, feel touch, teach how to build.....we will have lost this generation to ricers with fartcans

When im in the shop....my door is always open. If anyone has an interest I take time for them.

What you put in....you get out

When im at a show, cruise, store or even gas station....if someone walks up and starts showing an interest....I take the time.

I must be one of the few who actively encourages people to SIT IN MY CAR. I gaurantee you they go home and tell all their friends about it.

These are the people that will be buying our cars in the future. If you ignore them or shoooo them away, you only encourage then to think

What an A-Hole.....

I dont think I'd let Dan sit in my car though....he'd never get back in his.

Just sayin

flatblack55delivery · PORT HOPE, ONT

We have been thru this many times before,here and other sites .The consumer is the problem.Quit buying the off shore stuff and buy only Canadian or in a stretch NorthAmerican made product and others will follow.Make every purchase count.Eventually stuff will go back to being made here but the consumer has to quit thinking someone else is at fault.Its not easy and not always successful but by always asking for the Canadian product it regesters with the owner of the smaller retailers.Look how many times you now see adds saying this is made here and not offshore.It took a long time for the consumer to screw things up and its going to take a long time to fix it but it is up to us to fix it .Its too important, we can't rely on the gov.there jobs and incomes are safe so they don't care.Ask every time and shop at the smaller outlets that way you can have some say. Ed

Modfather · VICTORIA HARBOUR, ONT

My cup is 1/2 full. I have friends in the manufacturing business both here and in the U.S.A. And they are guilty of manufacturing in China, Korea, Thailand, and Singapore. Guess what the costs are escalating and just recently two of them have pulled their contracts and are now in the process of starting up production in North America once again. I am hoping this is going to continue with other large companies.

hemi43 · ONTARIO

Grumpsbodyworks wrote:

I dont think I'd let Dan sit in my car though....he'd never get back in his.

Just sayin

That's because I wouldn't be able to get out of it with my head being jammed against the roof and all. You would have to call 911 and tell them to bring the jaws of life to get me out.

dualquadpete · BLACKSTOCK, ONT

I see Wynn now wants to raise the Min. wage to $14;50!!! & from what Small Co. owners were saying on 640 radio they'll shut the doors & more will be out of work!! Another said he was having to pay $14 hr. just to get people to take the job as they wouldn't work for Min. wage, if this goes thru, he'll have to go higher, raise his price on product,likely lose his customers, & were right back to where we started, can't survive on Min. wage again!!!! Off shore or not you buy what you can afford, main stay co that used to be N/american built are mostly offshore now, Hurst, Sun Gauges etc. made in China!!! We can't compete against the low wages & Ours are too high to even try Bad situation & I won't get into the UNIONS driving up the wages even more!!!!

Cat in the Hat · BRANTFORD, ONT

Hey Dan

Whats your take on lazy union auto workers?

sasquatch · NORTH BAY, ONT

As i posted here back awhile ago, i boycott WAL-Mart, won't give them a dime!!

I buy from the small guy.

oldkoot · BROCKVILLE, ONT

Boy did this thread ever go sideways!!

flatblack55delivery · PORT HOPE, ONT

ya I still don't know what to ask for my car .I guess I will just do what I usually do and find a few comparables,throw out the top and bottom prices and go with the average and hope someone bites. Ed

hemi43 · ONTARIO

flatblack55delivery wrote:
ya I still don't know what to ask for my car .I guess I will just do what I usually do and find a few comparables,throw out the top and bottom prices and go with the average and hope someone bites. Ed

HAHAHA!! Don't you love how your original thread got so off-topic ??? That's forums for ya !!!

dualquadpete · BLACKSTOCK, ONT

You must have a dollar figure in your mind??? try it, throw out the line & see what happens!! If no "bites' then you'll know theres no interest or your "too High" or as I said 'the markets is DEAD!! Also bad time to sell with season winding down!! or is there any "good" time to try & sell?? Pete

Modfather · VICTORIA HARBOUR, ONT

I have faith in the hobby and yes it is absolutely a buyers market and I am looking continuously for the right car to add to the collection. The key word is the right one nothing stock but something that will appeal to the next generation of enthusiasts both in style and in price. As for the fear of some thinking the hobby is dead, well all I can say is that all of the shows I have been to this year have been full of enthusiasts and spectators alike. Perhaps the fear mongering will lead to even better prices I guess this is a good thing for some of us at this time. JMO though and I don't think I am wrong biggrin

slim · DUNDAS, ONT

There will always be the few that choose the road less traveled. Price is only relevant to your need to move whatever . I know of a few case's in the the last few years that the seller set a price and he got it . Took longer then most have patience for but he stuck to his guns and a buyer showed up. Its all just a game , depends on how long you want to play

Modfather · VICTORIA HARBOUR, ONT

X2 Slim