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Old 06-29-2010, 10:54 PM   #1
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Default How much to ask?

I'm going to list my '94 locally in the next couple days and I am lost on what to start at for an asking price. I'm not in a big hurry to sell it, but I don't want to sit on it for more than a month and a half. My plan is to start a little high, and knock a bit off the price every week or so until it sells, but I don't know what "a little high" is, and I'd like to know where reasonable and low are too, just so I know when I get there. I'm looking for your suggestions.

-It's a red '94 with about 175k miles. Turbo since about 150k. Leather, heated driver's seat. Top was replaced 5 years ago, black, in very good condition.
-Puts down 197whp on a dyno dynamics. Professionally tuned. (I tuned it myself, but had the dyno guy tweak the spark table, and he looked over the rest and told me it was the best home tune he'd ever seen. Thanks for the help on that one guys!)
-Turbo is a 14b, running about 13psi, intercooler from a Starion.
-Megasquirt 1, standalone, 460cc injectors
-A/C, cruise, power steering, works great
-Log manifold and exhaust are custom, exhaust is stainless, 2.5" from the turbo back, with a cheap cat, and a magnaflow.

-The upsides to the car are that it's turbo'd (obviously), it runs well, starts well (except when it's really cold, it takes two tries. Still always starts though), doesn't smoke, and generally doesn't have many problems. The paint is good (not perfect, but it's not a new car), the interior is good aside from the regular wear on leather seats.
-The downsides are that I never properly shrouded the rad/intercooler so it overheats on the highway above about 85mph, but only when the temperature is above about 85. Nothing too serious, and probably easily fixed. The suspension was never addressed, so it's got AGX shocks with stock springs, and an NB front sway bar, with the stock rear sway bar. I am keeping the 6ULs, so it's got stock daisies that I painted pretty nicely a bunch of years ago, running REALLY cheap all season tires. There is a small patch of pre-rust paint bubble just in front of the driver's rear wheel, and the car was driven in 5 Maine winters, so the underside isn't shiny and clean, but it's not too awful either.

What else do you want to know, and what should I start with for an asking price?
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Old 06-29-2010, 11:54 PM   #2
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I'd shoot for 6k. Fix the problems and you could probably get it up to 6.5 if you're lucky.
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Old 06-30-2010, 12:01 AM   #3
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I think it is a buyers market right now, having one of my cars for sale for a while now, I think if you fixed the problems that you would be looking in the $5000 to $5500 range realistically. I would list it at $6000
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Old 06-30-2010, 02:56 AM   #4
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Not what you want to hear, but would people really spend $5k-$6k on a car with 175k.......
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Old 06-30-2010, 05:50 AM   #5
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Quote:
Originally Posted by kevin02 View Post
Not what you want to hear, but would people really spend $5k-$6k on a car with 175k.......
That would be my concern, especially with boost. Honestly, I probably wouldn't touch your car for anything less than $3000, but that's just me. I understand it's "worth" more, but myself and probably quite a few people wouldn't be prepared to spend money on a aftermarket turbocharged vehicle with 175k miles. In real life though, I would expect there are plenty of people who would, and would likely give $5000-$5500 for it. I'd price it at $5500 myself, to avoid having a 6 as the first number, then accept as low as $5000.
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Old 06-30-2010, 04:50 PM   #6
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Thanks guys, that pretty much confirms what I was thinking. I will probably start at $7k (in case there's anybody around who REALLY wants this thing) and knock $500 off each week until it sells, though I'll hold it between $5k and $5,500 for an extra week or so. I'm sure there's some ricer who will be thrilled to get a turbo miata, and he'll blow it up within a week by turning the boost up or something.
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Old 07-01-2010, 04:07 PM   #7
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$5000 bc it turboed! GL
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