Why do some cars take ages to sell?
Posted: Mon Dec 14, 2009 7:58 pm
I've noticed that there are a few Plus 2's around for sale that seem to have been on the market for ages whilst others are gone before the ink is dry, why is this?
It seems to me that the expensive dealer cars (12K+) sell reasonably quickly and the cheap (3-5K) barely roadworthy ebay cars also sell quickly. But the reasonably priced (6-10K) useable cars seem to hang around.
Is this because most of these are private sales and people want the security of buying from a dealer?
Is it because these cars are actually 3-5K cars whose owners have rose tinted specs?
Is it because they may need some improvements and most prospective purchasers are either looking for a car for restoration or a fully restored one and there are fewer purchasers in the middle ground?
Any thoughts?
Cheers
Jon
It seems to me that the expensive dealer cars (12K+) sell reasonably quickly and the cheap (3-5K) barely roadworthy ebay cars also sell quickly. But the reasonably priced (6-10K) useable cars seem to hang around.
Is this because most of these are private sales and people want the security of buying from a dealer?
Is it because these cars are actually 3-5K cars whose owners have rose tinted specs?
Is it because they may need some improvements and most prospective purchasers are either looking for a car for restoration or a fully restored one and there are fewer purchasers in the middle ground?
Any thoughts?
Cheers
Jon