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In Reply to: Okay, Mr. "Smarty Pants"... ;-) posted by Justin on December 16, 1999 at 11:16:13:
Wow...don't get so bent out of shape. Maybe it is the true mileage, but I am sure any potential buyer will question it and make their own judgment when they inspect the car.
Please keep in mind the book value of the car is $18,500 wholesale $24,000 retail plus $5,000 - $6,000 for the low mileage. That makes high book value of your car around $30,000. Of course if the car is as clean and unique as you describe it, you may be able to get a premium well over book value. But if you had too many offer's at your asking price of $40,000 and had to raise the price to $45,000, then that would be the day two fools met, one for offering to much and one for not accepting it.
My experience with these cars is that a lot of people respond to a new E31 on the market, but it rarely translates into a big money offer. All I am saying is if you really want to sell, don't ignore any serious offer that is made early, just because a lot of people are responding to an ad. Of course if you don't need the money or don't really want to part with the car then hold out for top dollar.
Actually, I will be happy if you get near your asking price, as that might signal an upturn in the E31 market. But I will miss your postings on this board with your desire to improve the performance of your car. You had big plans when you first bought the car, what happened?
Maybe you would be better off selling your car unmodified with low mileage and using the money to buy an E31 that has already been modified. I have seen several Dinan turbocharged cars for sale recently, much cheaper than doing it yourself.
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