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Perfectlap · 03-02-2010, 10:23 AM

call me crazy but with a more or less industry valuation of $25K, I think the bidder at $22K is dealing in the territory of realistic pricing more than the seller at $35K.

That's sorta like a guy who bought a house during the bubble for $700K, its now worth $400K, there are now way more houses than buyers, but he's still asking $560K and along comes a buyer offering $360K. I wouldn't call the bidder crazy for a second. I'd say he's setting a good starting point for a negotiation. Do you know anyone paying a premium for real estate or any other market that is inundated with inventory?
So you got granite counters, spanish tile and sub zeros, sorry you spent the money don't expect much for it now...

Except of course cars are DEPRECIATING investments...

03-02-2010, 10:23 AM	#33
Perfectlap Registered User Join Date: Nov 2004 Location: New Jersey Posts: 8,709	call me crazy but with a more or less industry valuation of $25K, I think the bidder at $22K is dealing in the territory of realistic pricing more than the seller at $35K. That's sorta like a guy who bought a house during the bubble for $700K, its now worth $400K, there are now way more houses than buyers, but he's still asking $560K and along comes a buyer offering $360K. I wouldn't call the bidder crazy for a second. I'd say he's setting a good starting point for a negotiation. Do you know anyone paying a premium for real estate or any other market that is inundated with inventory? So you got granite counters, spanish tile and sub zeros, sorry you spent the money don't expect much for it now... Except of course cars are DEPRECIATING investments... __________________ GT3 Recaro Seats - Boxster Red GT3 Aero / Carrera 18" 5 spoke / Potenza RE-11 Fabspeed Headers & Noise Maker BORN: March 2000 - FINLAND IMS#1 REPLACED: April 2010 - NEW JERSEY -- LNE DUAL ROW Last edited by Perfectlap; 03-02-2010 at 10:26 AM.