Re: (MagoonR)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>MagoonR</b> »</i></TD></TR><TR><TD CLASS="quote"><p>Sounds hot.......but I am betting that he wants to buy it for wholesale. <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/sly.gif" BORDER="0"> </TD></TR></TABLE><p><br>I understand your concern over someone else being interested in purchasing a VR for less than you think one is worth, but there are plenty of VRs out there at dealerships that have been for sale -- for months -- for less than their listed NADA retail value and may continue to sit on the lot for several more months. This tells me that they MAY (<i>key word capitalized for emphasis</i>) be overpriced.<p>There are currently about 10 VRs advertised nationally for sale online in the entire country that are for sale for $25k or more, and all of them but one have less than 40k miles (the other one has only 44k). Three have been for sale for at least January, and four have been for sale since some time in March. This could indicate that you better have a SH*T HOT VR if yours has over 45k and you want more than $25k for it.<p>In the $20k - $25k range, there are currently 17 listed for sale online, and the mileage ranges from 11k to 83k miles. There are 8 different color combinations and quite a few that look like they may be CPOed. Five have been for sale since at least January, five since February, and two since March. The last five were obviously listed this month. This tells me that a large sum of people (and dealerships) think their VR is worth somewhere in this range.<p>There are 10 from $17k to $20k with mileage ranging from 46k to 83k miles. Five have been for sale since at least January, one since February, one since March, and three newly listed this month.<p>This means that, in the $17k+ price range, an average of 35% have been for sale for at least 90 days and 27% for 60 - 90 days, which means you have a better chance than not of taking 2 or more months to sell your VR unless the price is right from the start.<p>While I don't doubt that many of those advertised online are sub-par in quality / service history, I suspect most are worth a second look and are just waiting on the right owner to find them. Of the 37 aforementioned VRs, there are only three that fit my criteria. The rest fall outside the box due to color combo, transmission, or mileage.<p>I understand that every owner here is proud of what they own, and I know JRL has preached quite a few times about how used car prices are going up. But, until someone gives me some more input and shows me what else out there has recently sold and for how much, I will continue to believe that a good VR with 45,000 miles and a MT is worth $20k, give or take a few grand.<p>Magoon, I know you are a long-respected member of this forum, and I don't mean to come across snooty, sarcastic, know-it-all, or offensive with what I'm about to say, but I would really, truly, honestly like to hear what your opinion is of the current VR market in general; what's currently for sale out there; and, most importantly, what you think a VR that fits my criteria SHOULD be priced and why. I am very new to this forum, Rs, and Volvos in general, and I honestly want to be properly educated by all of the knowledgeable members on this forum.<p>I'm not trying to start an argument, but I WOULD like to have some open discussion about what has actually sold, out there, and what kind of pricing was involved.<p>I'll get off my soap box now and let you all flame me, ban me, or educate me. Whichever you see fit. <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/wink.gif" BORDER="0"> <p>LIVE, LIVE, LIVE, LIVE. . . (a reference to Gladiator)<BR><BR>
<i>Modified by EuroShifty at 7:20 PM 4-25-2009</i>
