MissFortune
04-19-2005, 01:35 AM
I have a 1961 Dodge Lancer, which I recently bought and am now finding can't keep.
I'm of college age, and since I'm not the type to have mommy and daddy pay for anything, driving an oldster around isn't feasible anymore, so I want to sell it. The question is this:
Should the amount of restoration it's had affect the selling price? The high end value on this is around $4,000, since they're not in too much demand, but it's had $6,000 put in to it, in new paint, accessories, parts, tranny, and new upolstery. I want to ask higher than the kelly blue book because of the amount that's been put into it, but have been told that's kind of an unrealistic expectation. I wanted to ask $5,999 for it and end up with around five, once I allow someone to talk me down. I know it depends on the car and who's biting that day, but should the amount spent factor in to final selling price, or do I just charge what the books say it's worth?
I'm of college age, and since I'm not the type to have mommy and daddy pay for anything, driving an oldster around isn't feasible anymore, so I want to sell it. The question is this:
Should the amount of restoration it's had affect the selling price? The high end value on this is around $4,000, since they're not in too much demand, but it's had $6,000 put in to it, in new paint, accessories, parts, tranny, and new upolstery. I want to ask higher than the kelly blue book because of the amount that's been put into it, but have been told that's kind of an unrealistic expectation. I wanted to ask $5,999 for it and end up with around five, once I allow someone to talk me down. I know it depends on the car and who's biting that day, but should the amount spent factor in to final selling price, or do I just charge what the books say it's worth?