Quote:
Originally posted by Wayne at Pelican Parts
Sounds like a good deal in the long run - will increase the value of the car...
-Wayne
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I'm sure you are right. However, before I purchased my car, I looked at a '97 that had the engine replaced. My gut reaction when the seller was bragging bout the new engine was not favorable. I know it was a knee jerk reaction, but for that and other reasons, I walked without even offering any price. Now, knowing more, i would prolly react better. But you gotta wonder about the novice buyer. And it's the average sum of all purchases that establishes the going prices.
On another note, but to the same point, a friend of mine was selling a '74 Targa with reciepts for over $12,000 in engine work and other items. He had it at Pomona 3 out of the last 4 events. No sale. Price went from $10,500 to $6900 in those months. Somewhere around $6000, a woman looked at it and when informed that the 15 x 7s were not the stock wheel (they were also not real Fuchs, but copies) she walked. Car sold for $5600 last week to the mechanic who did all the work. At least he knew what he was getting.