Quote:
Originally Posted by mepstein
Factory built special. I've always felt you've valued it too low.
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perhaps
- only one potential buyer has come offering a handful of cash in the last 3 yrs even tho it's availability has been no secret
- let's say it
might get $100K at "well advertised auction" as the roadshow appraisers always say
(my friends who've experienced that venue say it's a crapshoot - maybe it will sell, or maybe not & in any case ya spent much cash to have it roll on the auction stage)
subtract the cost of auction prep & positioning, subtract the seller fees & buyer fees, etc etc
net cash in bank = about $85K - vs keeping it for it's "intrinsic value" as one of my 914 friends says
if i put it up FS on BaT or similar, the first thing that would happen is everyone on this site & World would start denigrating it, and debating "what's it worth?" (i have no stomach for that . . . )
- of course none of said commentariat would ever actually bid on it, cuz ya know, "the dog ate my cash stash last week & my kid needs braces"
fwiw Jurgen Rott of 2shores.com knows the car & the euro & collector market & says "$85K net is not bad" - i value his market knowledge
so i'm waiting to see if the net cash offer comes thru or if it's just another "big talk flipper" trying to find a bigger money euro buyer before he finalizes the deal
if no sale, it'll be at the SVR Concours June 9 & probably at the GGR Mammoth drive June 14