Members helping members

[birdshill123]

This has been an interesting discussion. One thing that has not been
mentioned is that the buyer determines the final price not the seller.
I may think my unit is worth $60,000 because I have new tires,
transmission ,etc. But if the potential buyers balk at this price and I
get no offers then I am wrong. As BB owners we all know that there is
more value in one of our units than an old Pace Arrow. But just what is
that premium? If I reduce my price to $45,000 and there are still no
offers then that price is also too high. If I get a few offers of say
$38,000 to $40,000 then maybe that is the actual value. I am not
suggesting that one should reduce the price after a few weeks or even
months but a simple search of some of the BB sites will reveal units
that have been for sale for a year or more. These are not houses they
are depreciating assets. If a unit did not draw it's asking price a
year ago it is unlikely it will get that price today. As a seller you
have the option of not selling your unit at what you might consider a
very low offer. Remember your price is an ASKING price. Sometimes it is
better to let go and move on. I had a restored Clark Cortez many years
ago. When it came time to sell I thought it was worth $10,000. I had
spent more than that on upgrades and spare parts. I did not get one
offer. Finally a fellow that restored antique aircraft came to see the
unit. He loved it and offered $5000. I managed to get $6000 and it
killed me but that was it's value.


Bruce 1988 FC35