is it too cheap ?
Discussion
I have sold three V8 Wedges in the past and I am on my fourth one now. Wedges are not like other cars when it comes to selling. It's not only the price that sells a Wedge but a combination of factors have to coincide. There has to be someone out there during the time of your advert who actually wants to buy a Wedge. At the same time your Wedge has to be the one they want, as in colour, pedigree, history, model and so on. You are trying to rush the sale by offering a low price. This I'm afraid is the wrong approach for this type of car, in this instance.
My advice to you is this. Take your car off the market. Wait a while. Then put it back up for sale in several places with a good description of the plus points. Take many pictures. It's the car that has to sell itself. If necessary, spend a bit of money to correct it's bad points. Put it up for a normal price of what a Wedge of that year and condition would normally sell for. Choose your wording carefully. No one wants to buy trouble and throw money down the pit. Even then, it will take time, but if you persist, with a bit of luck, someone out there will be interested enough to make you a reasonable offer. Finally, good luck.
Tony. TCB.
My advice to you is this. Take your car off the market. Wait a while. Then put it back up for sale in several places with a good description of the plus points. Take many pictures. It's the car that has to sell itself. If necessary, spend a bit of money to correct it's bad points. Put it up for a normal price of what a Wedge of that year and condition would normally sell for. Choose your wording carefully. No one wants to buy trouble and throw money down the pit. Even then, it will take time, but if you persist, with a bit of luck, someone out there will be interested enough to make you a reasonable offer. Finally, good luck.
Tony. TCB.
Hi, I agree with Elvis & I think it is on too cheap. I'm going to be looking for one shortly and am constantly scouring the ads to keep a eye on what's out there. I saw your ad & my thought process was; nice looking car, Christ that's cheap - whats wrong with it, read the ad, no mention of problems - must be bad, potential money pit - move on. Just my opinion though - good luck
barrington said:
hi chaps am I missing something ive had it up for a week had a couple of emails and one phone call its worth the price in parts maybe I should put another grand on the price 
Hi mate Is this the one that's up for £2500.00?Edited by barrington on Friday 5th July 21:40
yes that's the one its not perfect a bit of paint the chassis has been cleaned and painted from the back to the front outriggers new brakes allround all poly bushed rear good interia ive just got too much on at the moment with both my wife and daughter both due to have surgery and work and the 400 in the garage I just thought someone would like a nice cheap wedge
ElvisWedgely said:
No one wants to buy trouble and throw money down the pit.
How does this work then? They want to pay MORE for a load of trouble? That's what you seem to be saying.
Would YOU be keen to offer the seller a grand more than he's asking? I doubt it.
Two point five large buys quite a lot of car these days, many that are faster, more versatile and less troublesome than a Wedge, so you either end up with a dreamer who thinks he's buying a Ferrari for Lada money or you get someone who knows what £2500-worth of Wedge is like and is happy to spend his time and money doing what needs to be done.
If I wanted a project I'd be in there like a shot but I already have more transport than I can use, not enough time to play with my toys and no money to burn, so I'm out.... but there'll be someone out there, it's a good price.
Not wishing to criticise but the ad is very basic, you mention more in the thread here about the bits that wedge buyers know are important (chassis for example!) than you do in the ad.
As the ad is so basic and the price seems very low it could be people are putting 2 & 2 together and coming up with 6 and deciding it must be a basket case.
Just my 2p and please do not take as a dig as it is not meant that way.
As the ad is so basic and the price seems very low it could be people are putting 2 & 2 together and coming up with 6 and deciding it must be a basket case.
Just my 2p and please do not take as a dig as it is not meant that way.
400SE Dave said:
Not wishing to criticise but the ad is very basic, you mention more in the thread here about the bits that wedge buyers know are important (chassis for example!) than you do in the ad.
As the ad is so basic and the price seems very low it could be people are putting 2 & 2 together and coming up with 6 and deciding it must be a basket case.
Just my 2p and please do not take as a dig as it is not meant that way.
Two points of view here.As the ad is so basic and the price seems very low it could be people are putting 2 & 2 together and coming up with 6 and deciding it must be a basket case.
Just my 2p and please do not take as a dig as it is not meant that way.
Do you give them two much info and blind them (Stu's FHC is a prime example) or do you leave it basic.
Time will tell which is best.
I have seen the car and its a good clean car well worth the money, what Dave is asking is in fact to cheap.
Dave are you going to bring it to the fest, if so put it in the cars for sale/traders area were other cars for sale will be. At least another 350i and a 400SE will be in there for sale (At more money) so lets see what happens.
Andy
Edited by Mr Tank on Monday 8th July 00:00
Wedg1e said:
ElvisWedgely said:
No one wants to buy trouble and throw money down the pit.
How does this work then? They want to pay MORE for a load of trouble? That's what you seem to be saying.
Would YOU be keen to offer the seller a grand more than he's asking? I doubt it.
A car is only worth what someone is willing to pay for it, but psychologically a potential buyer of any item would be put off if it's undersold by misrepresentation. Don't forget that they are only going by what is in the advert. In this instance we have a car, which we believe is in reasonable condition, but the owner wants to sell it quickly and hence is asking a low price. In the mind of any potential buyer reading the advert, this indicates trouble. What is needed here is to advertise the car to its full potential. No one is going to pay more than the asking price, as that would be silly, but they will pay more if the car is portrayed in a different light, re advertised at a higher price, and described with emphasis to its plus side rather than the negative. A chocolate flake bar would not sell well if you took a picture of it and said it tastes ok, but if you get a sexy looking girl eating it in the country side on a hot summers day and enjoying it thoroughly, people would rush out and buy one. It's the same with this. Psychologically a potential buyer wanting to buy such a car must see and understand what they are missing. If you can achieve that, then you are half way there.
I hope my explanation is more clearer now, and that those wanting to sell will take my advice.
Tony. TCB.
ElvisWedgely said:
OK. I will try to clarify....
I see what you are saying, however the converse applies: if you 'big something up' in an advert then ill-feeling can result when the potential buyer (perhaps travelling a long distance) finds that 'mint' or 'perfect' are far from that. Perhaps by implication, the perceived low price here is correctly dissuading those who want an immaculate example whilst those who don't, haven't the spare cash for a project.For my part I have never bought anything just because a scantily-clad maiden was proferring it. I have however bought cars (and other items) that were poorly advertised and found them to be perfectly acceptable for my needs
Cheers for the replies chaps I think I will ad some more info to the advert I have found the problem I had with the handling that will be sorted before I let it go I've not had the car long but from what I can see under the chassis is good and the bits you would want sorting have allready been sorted
Sorry Andy don't think I will make the fest as my wife is going in for surgery on her leg on Friday
Sorry Andy don't think I will make the fest as my wife is going in for surgery on her leg on Friday
ElvisWedgely said:
I have sold three V8 Wedges in the past and I am on my fourth one now. Wedges are not like other cars when it comes to selling. It's not only the price that sells a Wedge but a combination of factors have to coincide. There has to be someone out there during the time of your advert who actually wants to buy a Wedge. At the same time your Wedge has to be the one they want, as in colour, pedigree, history, model and so on. You are trying to rush the sale
FWIW I think that the above is the most important note on here. Refreshing the advert and a variation on strategy may help but you need to have your car for sale when there is a buyer for your car. Like Ian, a poor advert, under or over priced wouldn't put me off - I'd not offer more than I thought it was worth and if cheap would hope to get a bargain. These cars are 20 to 30 years old now and all buyers need to go in with their eyes open.ElvisWedgely said:
A chocolate flake bar would not sell well if you took a picture of it and said it tastes ok, but if you get a sexy looking girl eating it in the country side on a hot summers day and enjoying it thoroughly, people would rush out and buy one.
Good analogy Tony but i tried re-creating this once with an ex-G-friend..It was a gorgeous hot day..She was wearing a flowery summer dress..Slightly see-through i might add..She had long flowing blonde hair...An hour glass figure..Long shapely legs...And smelt like you could pour cream over her and lick it off...We drove to the countryside and found a field near a pub full of tall grass and poppies..I laid there as she provocatively reached into her side pocket to tease me with her chocolate flake only to see it dribble out of the wrapper all down the front of her...The walk back to the car was most embarrassing as people's perception of chocolate varies considerably!...
mrzigazaga said:
Good analogy Tony but i tried re-creating this once with an ex-G-friend..It was a gorgeous hot day..She was wearing a flowery summer dress..Slightly see-through i might add..She had long flowing blonde hair...An hour glass figure..Long shapely legs...And smelt like you could pour cream over her and lick it off...We drove to the countryside and found a field near a pub full of tall grass and poppies..I laid there as she provocatively reached into her side pocket to tease me with her chocolate flake only to see it dribble out of the wrapper all down the front of her...The walk back to the car was most embarrassing as people's perception of chocolate varies considerably!...
You lucky man Zig. You are meant to use this as a selling technique, not try it out in practice. All the same, it must have been fun.Tony. TCB.
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