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can a car be too cheap???????

colin smith

colin smith

PCGB Member
I'm looking to sell, my 944 cab, which I brought in the summer. I've had all the work it needed done, rust, clutch problems etc.

I wish I didn't need to sell but such is life[:(]

My question is i've got it up for £4495ono, which seems to me to be a very good price, the problem is I've had a couple of people on the phone to ask about it and they both at the end of the phone call, gave me the impression that they thought the car couldn't be any good for because of its "low price"!!!!!

Am I missing something? Should I increase the price or are people just very strange???????

 
Short answer is yes. Put yourself in the position of the buyer - you assume the seller wants as much as they can get for a car and if they are asking for a lot less than others then there is a reason.

eBay is the exception and you could list it with a £4,495 reserve. I've had good success selling Porsches through eBay, though in both cases the car sold after the auction to someone who had seen it on there. Interestingly both were on PH also but it was eBay that found me the buyer.
 
The Smirnoff principle. If something is expensive it must be good. It worked for them and is an example dragged up by lots of marketting people.
Equally the old addage that if something seems too good to be true it usually is, even if occasionally, as in this case, maybe it isn't.
Sadly if its got to go then so be it.
 
If you were able to wait until feb/march time just watch the cabs increase in value unfortunately this time of year people dont seem to consider them.
 
the market is flooded with cabs at the moment and that price seems in line with the rest to me maybe £500ish cheaper, just my opinion though.
 
ORIGINAL: djcla

the market is flooded with cabs at the moment and that price seems in line with the rest to me maybe £500ish cheaper, just my opinion though.
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I don't think the markets flooded, there may 30 ish on the market at the moment, against a few thousand porsches and 20 million drivers!!!!
 
ORIGINAL: colin smith

I don't think the markets flooded, there may 30 ish on the market at the moment, against a few thousand porsches and 20 million drivers!!!!
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Yes, but how many of those 20 million drivers are in the market for a 944 cab? Relatively speaking I would agree that the market is flooded.
 
exactly, in the 944 market there are quite a few about compared with say a 944 Turbo which seem to be fairly rare at the mo
 
sadly the proces on 944's keep comming down at the moment, does not look like there are a load of buyers out there. wrong time of year i guess
 
ORIGINAL: djcla

sadly the proces on 944's keep comming down at the moment, does not look like there are a load of buyers out there. wrong time of year i guess
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There are plenty of buyer who want to spend £2.5k, but I cant blame then for wanting a bargin
 
I think a car can be too cheap.

I also think the market for a cab in winter is limited.

So if there isnt someone out there who wants a 944 cab, dropping the price is not going to help much apart from attract opportunists and scare off genuine people who want a 944 cabrio.

Unless you desperately need the money, if I was you I would put the price up to around £5.5k and hold fire on dropping the price until easter when typically Porsche prices and even more so cabrio prices go up and there is a wealth of potential buyers.
 
you come down to 3.5k, i'll buy it just to turn a profit on it come spring. :)

put the price back up and keep hold for a bit.
 
i am not convinced prices will come back up in the spring , in the current financial climate car prices will keep tumbling IMO
 
ORIGINAL: DavidL

The Smirnoff principle. If something is expensive it must be good.
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And Smirnoff is foul stuff. Flagship is the proper stuff, tastes better and is cheaper :)
 
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