Re: What's a good price f

[cobram@channel1.com (Cobram)]

 Doug Rudoff <drudoff@homer.spry.com> asks:

 DR> I just looked at a pretty clean 1992 100CSQuattro with 49,000 miles,
 DR> with automatic and the Bose Audio system. I've looked at the prices at
 DR> Autosite (http://www.autosite.com) and Edmunds
 DR> (//http://www.enews.com/magazines/edmunds/index.html) and they differ
 DR> by a lot: 

 DR>              Wholesale     Retail
 DR> Edmunds       $18,150       $21,150
 DR> Autosite      $15,650       $18,300

 DR> They're asking $18,000 for the car I looked at.

 DR> According to Edmunds, $18,000 is a great price. According to Autosite,
 DR> it's not. Any suggestions on what is a good price?

     This is why I don't like publications/services that don't take 
     the vehicles condition into consideration.
     
       The Edmunds price seems to be Wholesale for a car in "Clean" 
       condition. To be considered "clean" the car can only have 15K 
       miles per year (based on fabrication date..NOT model year.)
       And be in above normal condition. (subjective sometimes)

       The Autosite price is Wholesale for a car in "Average" condition.

       Same thing applies to the retail prices you've quoted above.

       Plus you should add $125 for CD player, $400 for leather, and
       deduct $500 for stick shift.
       
       Best price stategy is to figure out how much above wholesale
       you're willing to pay. Offer wholesale and work your way up
       to your target price.

       Good luck,


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