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Car Question - Via Skorzy - The art of Thornwolf
thornwolf
thornwolf
Car Question - Via Skorzy
Skorzy has a question about selling a car, but since I have a wider variety of people watching my journal (yes I'm talking about you fine folks!) I figured I'd repost it here to see if any of you have any suggestions?

Original question from Skorzy:

My mother owned a 1984 Chrysler LeBaron Town & Country Turbo Convertible. It has about 47K miles on it... no kidding. It did mostly short trips, but did get 10+ mile trips on occasion. While its got some fixable mechanical problems, and its interior upholstery could use some attention, its exterior is spotless and the original paint job is still gleaming. Its convertible top needs a good cleaning, but its in excellent shape. The car has been maintained properly, garaged in an enclosed space. It passed California smog inspection 2 years ago. Its registration is up for renewal in January, and it requires another smog inspection.

Dad and I want to sell it ASAP because we don't want to go through the expense of re-registering it and smog inspection. I've not been able to find any selling information in the usual places (e.g. Edmunds etc.). Its now considered a "classic" car, so the economics of selling it to a private party is something I've never dealt with before.

Some resources I've found online suggests the car would sell for minimum $1500, with an average price around $2200. However, its difficult for me to get a good grasp on what a good price to offer would be. This is definitely one of those cars a collector would snap up, restore and could re-sell for five times its buying price.

Does anyone have any suggestions on where I can get better information on how to price the vehicle for sale?

I want to avoid the Craigslist route since I want to avoid the "tire kicking" crowd that isn't serious about buying. I was told eBay Motors would be a perfect place to sell it to a local buyer.

Thanks.
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Comments
tugrik From: tugrik Date: December 5th, 2010 09:23 am (UTC) (Link)
Talk to Emoburd (here on LJ). I can pass you his AIM info if you'd contact me. If anybody on this planet would know how best to price and handle that kind and age of car, it'd be him. He owns like 28 cars, runs a small junkyard, and seems to have almost a fetishy appreciation for weird early-80s sedans.
turbinerocks From: turbinerocks Date: December 5th, 2010 09:49 am (UTC) (Link)
He is the guy to talk to, yes :D
emoburd From: emoburd Date: December 6th, 2010 04:12 am (UTC) (Link)
28's about right...I think, I forgot now that I have the hotrod...And I don't *run* the wrecking yard, I just hang out there enough to run it sometimes when they have to go get beer :P
silverfoxwolf From: silverfoxwolf Date: December 5th, 2010 11:01 am (UTC) (Link)
The ebay route is alright to go down, I sold my first car on ebay. The thing to stick in is a reserve price if you have a figure in mind.

To get the best price from a collector it's advisable to put it into the magazines that are published, sticking it on at say $2,500/$3,000 gives you some space to negotiate for a good price and take into account the very low milage for the age of the car.
kylet From: kylet Date: December 5th, 2010 06:00 pm (UTC) (Link)
Kelley Blue Book (www.kbb.com) is one of the "official" sites we use at work for valuing client's cars. You may have already used it, though.
Yeah, I would imagine with only 47K miles on it, it should be worth more than that!
thornwolf From: thornwolf Date: December 5th, 2010 06:02 pm (UTC) (Link)
Do they go back that far though? I thought they only went back to a certain date. This car is 26 years old.
icywolfy From: icywolfy Date: December 6th, 2010 04:55 pm (UTC) (Link)
Yea, you can't really trust the numbers though. My car was valuated blue-book at $1,100 (800 after milage adjustment) But the street value for the 16 year old car was $4,000+ (which is what insurance paid out after pointing out the wonderfully inflated so-cal prices)
saribou From: saribou Date: December 5th, 2010 10:39 pm (UTC) (Link)
Auto Trader and Ebay are excellent sources for trying to sel a vehicle. Someone, somewhere is looking for that particular car. We've been through a lot with James' corvette business, and have bought cars from several states away.
emoburd From: emoburd Date: December 6th, 2010 04:08 am (UTC) (Link)
Corvette business? Emu has a corvette, but currently it's 15ft in the air on top of a building...
emoburd From: emoburd Date: December 6th, 2010 04:04 am (UTC) (Link)
Pictures would help. If it is one of these http://www.murrayco.com/car_collection/chrysler_1984_town_country_convertible.html
with the wood grain, it may be worth ebaying.

Otherwise those cars are not worth a whole lot, as much as I think they are neat. If it's *really* nice I'd say 1500 would be fair, otherwise around a grand would be more reasonable.

My buddies wrecking yard has squashed a few of the convertibles and a lot of the turbo cars, normally the transmission fails on them. My father once had a Maserati TC, which is one of those cars with a designer body on it, and I think even as rare as it was he was lucky to get 3k out of it. Whoever buys that car will likely do it to drive in the summer or use as a cheap commuter car.

Like I said, photos would help. I check prices with craigslist, just go to cars for sale by owner, type in the year and make of the car and see what comes up. The dealer section will always be higher and mostly not realistic.

List it on craigslist, that's free and you can keep relisting. I no longer do Ebay, it's not worth it due to their fees for a car that's not going to bring in thousands. Craigslist is the only way to go these days.

Skorzy post is locked to emus, if ya don't mind passin' this along if it helps.

Edited at 2010-12-06 04:07 am (UTC)
skorzy From: skorzy Date: December 7th, 2010 06:46 am (UTC) (Link)
Car would be in "fair" condition. Nothing really major mechanically wrong, though brake work is next on the maintenance list. Interior needs a reupholster and some cosmetic repairs. Car has about 47K miles and no tranny warnings yet.

Thanks for your advice. We need to sell it *this* month so we need to get cracking. I think I'll attempt to craigslist it for a quick sell.
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