Whats YOUR miata worth
10-03-2008, 10:15 AM
#24
Seriously. Pull what you can pull in a couple hours. Put the stock wheels on it. Remove any fancy braces you had. Pull the cold air intake. Pull anything that can easily be removed and the car could be sold without it. Put said items for sale for good price so they sell quick. You will make more money.
Reply
0
0
10-03-2008, 12:10 PM
#29
2 Props,3 Dildos,& 1 Cat
iTrader: (8)
Join Date: Jun 2005
Location: Fake Virginia
Posts: 19,338
Total Cats: 573
ok I'll go down to 17,5K. car is daily driveable and solid. all creature comforts intact. spare wheels, short block, head, and parts to build them into awesomeness. woooo.
Reply
0
0
10-03-2008, 12:36 PM
#31
Junior Member
Thread Starter
iTrader: (1)
Join Date: Dec 2007
Location: Charlotte, NC
Posts: 47
Total Cats: 0
No I haven't posted it up yet. I wanted to see what the masses thought it was worth. Thanks for the acknowledgment, I havent been able to keep up with it since we moved.
Reply
0
0
10-03-2008, 12:59 PM
#32
Senior Member
Join Date: Mar 2007
Location: Denver, CO
Posts: 564
Total Cats: 1
Never more than Bluebook for its mileage and condition. Sorry, but it's true. I can't stress this enough. People would like to think their car is worth the value of the car plus modifications but this is almost never the case.
There is only one type of person that can buy a modified car for more than Bluebook and that's a cash buyer- banks will only loan a max of 125% of Edmunds or Bluebook, and that's with really good credit. With the current financial crisis they're going to be even more strict about who they lend to and what percentage of the value they lend. I wouldn't be surprised if they begin only lending a max of 75% of a car's value on cars that are less than three years old.
So now that we know you need a cash buyer, we're talking about a certain kind of fool that buys something that's almost impossible to resell for the same price. Meaning they really have to want not only a modified Miata, they really have to want YOUR modified Miata. Color, the specific mods, the condition- the buyer is not going to settle for anything less than exactly what they want if they're plunking down a large sum of cash on something that in reality is worth a lot less. This limits you to very few people in the world.
The other type of person is even rarer- someone who happens to just see your car for sale, falls in love and also happens to have cash to burn. This happens on old muscle cars a lot but the Miata is not quite classic enough and is still seen as totally ******* homosexual to many people, unfortunately. Don't expect middle aged men having a mid-life to decide they want your fucked to death 1990 turbo Miata for $10,000.
This is why so many people part out their cars.
There is only one type of person that can buy a modified car for more than Bluebook and that's a cash buyer- banks will only loan a max of 125% of Edmunds or Bluebook, and that's with really good credit. With the current financial crisis they're going to be even more strict about who they lend to and what percentage of the value they lend. I wouldn't be surprised if they begin only lending a max of 75% of a car's value on cars that are less than three years old.
So now that we know you need a cash buyer, we're talking about a certain kind of fool that buys something that's almost impossible to resell for the same price. Meaning they really have to want not only a modified Miata, they really have to want YOUR modified Miata. Color, the specific mods, the condition- the buyer is not going to settle for anything less than exactly what they want if they're plunking down a large sum of cash on something that in reality is worth a lot less. This limits you to very few people in the world.
The other type of person is even rarer- someone who happens to just see your car for sale, falls in love and also happens to have cash to burn. This happens on old muscle cars a lot but the Miata is not quite classic enough and is still seen as totally ******* homosexual to many people, unfortunately. Don't expect middle aged men having a mid-life to decide they want your fucked to death 1990 turbo Miata for $10,000.
This is why so many people part out their cars.
Reply
0
0
10-03-2008, 03:38 PM
#37
pat, your car is definitely worth $7k, the hard part is finding the buyer willing to pay it.
id start by placing craigslist ads in all major metros around us and also in the classifieds on all the miata and local forums.
hate to see you sell it man
just get a part time job, or become a hooker
id start by placing craigslist ads in all major metros around us and also in the classifieds on all the miata and local forums.
hate to see you sell it man
just get a part time job, or become a hooker
Reply
0
0
10-03-2008, 03:44 PM
#38
Elite Member
iTrader: (2)
Join Date: Jan 2007
Location: Los Angeles, CA
Posts: 8,682
Total Cats: 130
I bought my '03 in 2004 with 13K miles for $16,000. Since then I've put about that much more into it... BEGI S5 $5K, Hydra $2.5K, Exhaust $1K, clutch $1K, shocks/springs $1K, wheels/tires $2K, rollbar etc.... No average Joe will want my car or care about the turbo etc. I DD it and it's fine and reliable but I seriously doubt I could get more than mid price blue book. I once tried to sell my car when it was stock and my best offer was $13K and it was in PERFECT shape then. There's a billion miatas out there and to most people, you'rs ain't special :`(
Reply
0
0
