Re: `91 CQ pricing

["Christopher W. Hanlon" <cwhanlon@eai.com>]

As must be remembered about pricing.  The seller's asking price is not
usually the price that the car is sold at.

In my experience (I've only sold a few cars) the buyer always asks for a
lower price than what the seller is asking.  Which would make one
believe that the seller is going to ask for a price that would be higher
than they expect to get.

I believe the prices that the Kelly's blue book or the NADA book are
selling prices  (I don't believe banks would give out loans based on
asking prices).

I think this is all coming up due to the price that Rick is asking for
his CQ.  Which, considering the mods and the condition of the car, is
close to what the seller would expect it to be worth.  It is also close
to what a "knowledgeable" buyer would expect.  The condition of Rick's
car is exceptional compared to all other CQ's I've seen.

It is up to Rick to decide if waiting for that buyer is worth it.  As I
found out when buying my car, a lot (relatively speaking) of people were
trying to sell their CQ's for higher than book prices.  Fortunately for
the buyer, there is a limited market for expensive 10yr old cars,
especially ones that don't quite have the prestige as say a 911  (a lot
of 911sc's (early 80's) have asking prices in the $20k range).  

Few sellers can wait long enough for the right buyer to come along, so
the prices drop...

Just my $.02

chris