GRAND PRIX NEED ADVICE

lilbowtie said:

You might be on to something there 80. On a side note, I tried selling my 84 Mustang GT Turbo convertible which is rarer than this T-type. 2,238 T-types were made 1,163 were WH-1, 731 Turbo GT convertibles were made 412 when you take away anniversary cars and mine is one of one on color. I was asking $7000.00 and didn't even get an inquiry. And before anyone says anything I know - It's a Ford !

View attachment 85008

Click to expand...

ck80 said:

Not so much. There's a lot of things go on at dealers that inflate trade in values somewhat these days.

You've got factory incentives on units moved, hold back quotas on previous quarters sales targets...

Sometimes a dealer pads the trade in offer to try and close the deal on the new car, but on the other side of the ledger isn't giving as good a price on the new unit as could've been gotten in a cash sale...

We shopped around my wife's mustang after it was rear ended to the tune of... I dunno, 12, 13k in damage? Anyways, it was never right after repair, dealers knew it, but they offered inflated trade in prices to close the deal - in this case, move year end inventory off the lot knowing they were making it up elsewhere.

Your approach might work with a several year old car that has reliable "book values" but the "appraisal" is so far out of whack, like most are, that is has no bearing on any sale negotiation

Click to expand...

lilbowtie said:

Talk about a car losing value the minute it leaves the dealer. The car isn't even considered a classic and blue book value(even w/ mileage) isn't close. On the other hand it is a desirable car (to some) and your probably never going to fine another one w/ that mileage. This car is for a collector or museum but what would they pay. Send it to Barrett and see what happens.

Click to expand...