Quote:
Originally Posted by mikefocke
A car is worth only what a buyer will pay, not what the seller thinks.
Better pictures. Better text. Advertise in several Craigslists (there are 20 in NY state). Adjust price to $5999.
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Mike, I have for years questioned if that was correct or not. After many years of buying and selling I no longer entertain that philosophy. I buy things below their value on a regular basis. Both the seller and myself know the value. I buy below the value as their need for cash or something else is of more value at that moment and they are aware I’m buying at a discounted price. The objects value is not lower it just not as important to them at that movement. One of the biggest problems as you noted many sellers have all this emotional value which is not a factor of the true value range.