Keeping your word!

[fintstone]

Do my research before setting a price...and, of course, be honorable (sucker in your book).

A better route, IMHO..than starting an auction..would be to just remove it from the market. Reassess the situation and sell at another time.

[EMJ]

Originally Posted by fintstone

Do my research before setting a price...and, of course, be honorable (sucker in your book).

A better route, IMHO..than starting an auction..would be to just remove it from the market. Reassess the situation and sell at another time.

It's done already. You can't go back and "do research" - the ad's out there. Whatcha gonna do?

[aschen]

Originally Posted by EMJ

You own an 84 930, huh... So you may or may not know what the market is for those now. You list it for $35k - the average price of just a few years ago. Two hundred emails later - in an hour - you have offers of $100k. Whatcha' gonna do? Be honorable? Or be a sucker?

I honestly can't imagine selling something as big as a car without looking around a bit or consulting a forum. A set of wheels, yes but a car no. Especially something as easily researchable as the approximate value of 930 or 911. I did look around a bit for the wheels but many people said the 15 " size was undesirable. Like I said I struggled a lot with the decision so I asked a lot of people. I took their advice. It is actually a bit difficult to determine even the approximate value of the motorsports wheels. I just goggled 80s 911 price and I got a good ballpark without even clicking a single link.


I'm not sure what I would do. I think the situation is a bit grey as is almost everything in the world. I probably wouldn't start a thread about the strength of my word in the first place. That was an invitation to discuss since this is a discussion board

So to be clear I should have changed the price for the wheels?

[EMJ]

Originally Posted by fintstone

Do my research before setting a price...and, of course, be honorable (sucker in your book).

A better route, IMHO..than starting an auction..would be to just remove it from the market. Reassess the situation and sell at another time.

And by the way, "sell at another time" at what price? $35k still? Or higher? Like, say, $100k? If yes, how's that HONORING YOUR WORD of the previous ad?

[aschen]

I do agree that removing from the market is identical in philosophy to changing your price.


Either its ok or its not by your opinion, but its basically the same thing

[EMJ]

Originally Posted by aschen

I honestly can't imagine selling something as big as a car without looking around a bit or consulting a forum. A set of wheels, yes but a car no. Especially something as easily researchable as the approximate value of 930 or 911. I did look around a bit for the wheels but many people said the 15 " size was undesirable. Like I said I struggled a lot with the decision so I asked a lot of people. I took their advice. It is actually a bit difficult to determine even the approximate value of the motorsports wheels. I just goggled 80s 911 price and I got a good ballpark without even clicking a single link.


I'm not sure what I would do. I think the situation is a bit grey as is almost everything in the world. I probably wouldn't start a thread about the strength of my word in the first place. That was an invitation to discuss since this is a discussion board

So to be clear I should have changed the price for the wheels?

Allow me to extrapolate and tell you what you would do: you would remove the ad immediately and adjust the price appropriately. It would be "dishonorable" frankly, to punish yourself and your family, by bilking yourself of your hard earned due fair compensation for a car you probably sweated to have and maintain. You deserve to be fair to yourself.

[aschen]

Actually I more or less said what I would have done. I would have never put a car up significantly below market in the first place.

So I should have changed the price of the wheels then?

[EMJ]

After being informed that they were under priced? I would have no problem if you did.

[fintstone]

Originally Posted by EMJ

It's done already. You can't go back and "do research" - the ad's out there. Whatcha gonna do?

I would sell it for the price I offered at as I said.

Also, I said I would have done the research prior to offering it for sale, not afterward. Please do not misquote me to suit your argument.

[fintstone]

Originally Posted by EMJ

And by the way, "sell at another time" at what price? $35k still? Or higher? Like, say, $100k? If yes, how's that HONORING YOUR WORD of the previous ad?

I did not say that would be my decision, only that it would be better than what was done. As far as I am concerned...my word is worth more than money. $5K or $65K...it makes no difference.

I would sell it for the price I offered it at...although for me to take the massive loss, you must assume that I would have done something I would not have done (sell a relatively expensive item without determining/researching fair price)...so a faulty premise.

[EMJ]

Originally Posted by fintstone

Do my research before setting a price...and, of course, be honorable (sucker in your book).

A better route, IMHO..than starting an auction..would be to just remove it from the market. Reassess the situation and sell at another time.

Where here do you state that you would "sell it at the price you said you would?"

You say here that you would remove the ad.

[EMJ]

Originally Posted by fintstone

I did not say that would be my decision, only that it would be better than what was done.

I would sell it for the price I offered it at...although for me to take the massive loss, you must assume that I would have done something I would not have done (sell a relatively expensive item without determining/researching fair price)...so a faulty premise.

Not a faulty premise at all. This thread is based on this very "faulty" premise: Uninformed seller underpriced his very expensive item.

[EMJ]

Originally Posted by fintstone

I did not say that would be my decision, only that it would be better than what was done. As far as I am concerned...my word is worth more than money. $5K or $65K...it makes no difference.

I would sell it for the price I offered it at...although for me to take the massive loss, you must assume that I would have done something I would not have done (sell a relatively expensive item without determining/researching fair price)...so a faulty premise.

Nice edit. BTW, dishonesty is dishonorable.

[fintstone]

Originally Posted by EMJ

Where here do you state that you would "sell it at the price you said you would?"

You say here that you would remove the ad.

In the first sentence.

No, I did not. Try not to create a position for me that I did not take. The second just offered, IMHO, a slightly better path than was advocated by you...to pit the first buyer in line against the others in an auction. Neither is a path that I would take.

[fintstone]

Originally Posted by EMJ

Nice edit. BTW, dishonesty is dishonorable.

What is your point regarding my edit? It did not change the meaning and it preceded your post.

Yes, dishonesty is dishonorable. Glad you own it.

[EMJ]

Nothing whatsoever dishonest about what the OP did. You, however, in your claims that you would leave $65k on the table for someone else, a complete stranger, to put in their pocket in minutes for the sake of your "honor" - just hilarious.

BTW, my last car "sale" years ago was to a kid who came to buy an old e36 BMW I wanted out of the front of my house. A crap load of people called and the kid showed up with dad with the same old story: Yeah, he worked all year round, saved up the cash, is a good wrench, and is helping ol' dad restore an old Hemi, and so on. Loved the BMW, couldn't believe the deal. I said, you know what, it's yours. Take it. What? Take it. Signed over the title. Wished him well.

Free.

[fintstone]

Your suggestion that I changed my post in response your post was the part that I found to be dishonest/dishonorable...especially since you did not retract it after I pointed out that not only did it not change the meaning..but actually preceded your post.

Yes, I would sell it for what I said I would. Even if it left $65K on the table. The dollar amount is inconsequential. One is no more honorable if the cost of their honor is $5 or $65K. It also would not matter if it were a stranger or not. Besides, If I had expected $35K, I am no worse off because a subsequent buyer who was smarter or did their homework make $65K.

As I said, I can always make another $5K or $65K. I only have one honor...and it is not for sale.

[rwest]

Originally Posted by fintstone

Your suggestion that I changed my post in response your post was the part that I found to be dishonest/dishonorable...especially since you did not retract it after I pointed out that not only did it not change the meaning..but actually preceded your post.

Yes, I would sell it for what I said I would. Even if it left $65K on the table. The dollar amount is inconsequential. One is no more honorable if the cost of their honor is $5 or $65K. It also would not matter if it were a stranger or not. Besides, If I had expected $35K, I am no worse off because a subsequent buyer who was smarter or did their homework make $65K.

As I said, I can always make another $5K or $65K. I only have one honor...and it is not for sale.

All great points.

In this Internet age, it should be fairly simple to come up with an accurate value or if you believe the value to be upwardly fluid, sell it at auction.

As Flint points out, you where going to be happy selling it for the posted price, that only changed when new information came to light.

I agree, hard to put a price on honor and trust.

[EMJ]

Self righteous stubbornness at high cost = foolishness. Honor has nothing to do with this transaction. And I don't believe you're telling the truth about leaving $65k on the table. You've already posted that you would remove the ad and "reassess." Why reassess if you weren't changing the price? Disingenuous.

[aigel]

Geez ...

All - including this lame thread - could have been avoided by being smart about how you advertise the car and deal with offers, people coming etc.

As others have stated, the rule is: The car is available until someone buys it. It will not be held unless there is a down payment received / purchase contract in place.

I have sold many cars and items on CL. This is how you need to set it up. Otherwise you'll be holding stuff for people that flake, you will not be able to take the best ofer and it will take you 10x the time to liquidate something.

G