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No-ones buying (my) toys?
cd.thomson - 25/3/11 at 09:09 AM

I post most of the stuff I sell on here first at a slightly reduced price just in case any of you guys are looking. Obviously this is a relatively small community though and its probably quite rare that I'm selling when someone else is looking to buy the same item.

My next port of call (for vehicles) is usually pistonheads and ebay but I'm having a complete 'mare at the minute! Really need to flog at least one of my toys to keep myself in school and out of the jobs market but absolutely noone is buying.

I've listed my Dax on ebay and pistonheads twice. Bearing in mind it cost me approaching 8-9k to build I've had no interest in the UK market apart from geezers who would love to take it off me "next weekend with cash" for 3k. The last time I listed it I had a minor bidding war between a guy from germany (who won the item) and another one in the netherlands which ended at a fairly respectable £5800. Weeks later he's telling me he can't pick it up until at least the end april!

Now my bike, again with multiple watchers on ebay, cheaper by about a grand than the nearest similar model and not even a phone call.

I know theres nothing I can do about it, but its incredibly frustrating when the only buyers seem to be timewasters and those looking to make a disgusting profit off me.

Any ideas?

rantrantrant

[Edited on 25/3/11 by cd.thomson]


Richard Quinn - 25/3/11 at 09:21 AM

No ideas sorry but you do have my sympathy! I was offered £750 for my Aries which was advertised at £6995. I asked if he had got the decimal point in the wrong place.


franky - 25/3/11 at 09:22 AM

buy the XE package that scootz has got listed, sell yours and fall in love with the car again

Or sell it with an IVA and get £9kish for it.


owelly - 25/3/11 at 09:24 AM

The harsh reality is that if it's not selling, the price is wrong. I have a Transit Connect for sale at £1500 under book price but no takers. Thankfully, I don't need to sell it but if it had to go, I'd have to drop the price.
The alternative is patience.....................


designer - 25/3/11 at 09:26 AM

I think everybody is having the same problems, and I don't think it is going to change soon; maybe never!


Richard Quinn - 25/3/11 at 09:30 AM

quote:
Originally posted by owelly
The harsh reality is that if it's not selling, the price is wrong. I have a Transit Connect for sale at £1500 under book price but no takers. Thankfully, I don't need to sell it but if it had to go, I'd have to drop the price.
The alternative is patience.....................

I get that but I do think that it is more a case of needing the right buyer and the right product in the same place at the same time so it's more the patience than the price. I still can't work out why people would think that you would entertain an offer of 11% of the asking price as happened in my case though.


TimC - 25/3/11 at 09:38 AM

quote:
Originally posted by Richard Quinn
I still can't work out why people would think that you would entertain an offer of 11% of the asking price as happened in my case though.


That is ridiculous! What is that person's train of thought, perhaps:
quote:

"Hmm, I only have £750 but maybe the seller has a crack habit and needs to get his fix TODAY - worth a shot I reckon."



ETA: Patience is this guy who's had his Fury on the market for over two years by my reckoning - I saw it at Deitling in 2009!

[Edited on 25/3/11 by TimC]


owelly - 25/3/11 at 09:40 AM

I have some old crisp wrappers and some old kitchen chairs. Fancy a swap??
I understand where you're coming from so, as you say, you'll have to play the waiting game.


MikeRJ - 25/3/11 at 09:49 AM

Bikes in particular are very cheap at the moment; there was a very tidy 2005 Daytona 600 on eBay with low mileage for something like £2050 buy-it-now. I agonised over it for a while, as I quite fancied it but had nowhere to put it. Fortunately someone else snapped it up which saved me a load of grief!

There is a 2002 Speed Four on eBay at £1150 with 1 1/2 days to go and not a single bid, though rather higher mileage than yours.

The weather is starting to get nice however, so prices should start rising soon IME.


yozza - 25/3/11 at 11:00 AM

You have my sympathy selling stuff but my recent dealing with a bloke from Lithuania turned out good (£1040 for a 607 with a snapped cambelt) Without trying to hijack your thread i need the following and have the cash from the above to spend. Crossflow exhaust, alloy race tank (3 gallons or more) some on ebay but keep missing them.I am STILL looking for a garage with power on the Wirral after someone let me down, my apologies to Richard Quinn as he was interested also. I keep thinking about finishing the crossflow and maybe put a bike engine in !! If i see a cheap engine i just might do it.
Regards
Joe


kevmcdo - 25/3/11 at 11:11 AM

Yozza you have u2u.


montythemole - 25/3/11 at 11:23 AM

Would tend to agree, had to end of trouble selling my MGB. No offers quite as bad as yours but in region in £500 for a tax and tested, tax exempt with chrome. All the guides telling me it should be worth nearer 4k or 5k I struggled to sell at half that.

To be fair time of year ain't right for toys at present. Also I've noticed how cheap 'normal' roadsters like MR2 latest model, MX5, Z3 etc are getting. Come home with an MR2 and the wife will probably wrestle the car keys off you. Come home with what she'd consider an 'ugly silly noisy kitcar' and she'd be wrestling the house keys off you and making you sleep in it.

So anyone want to buy an unregistered Tiger CAT?


Steve Hignett - 25/3/11 at 11:24 AM

I've just sold my Golf V6 4Motion on ebay.

Bought it for £2900 6ish months ago, spent about £550 on it and just sold it to a guy in Germany who "Says" that he's coming to collect tomorrow for £1900 Gutted.

Proper gutted, but need the money to get my wife a newer car and pay off some credit card debts so I let the auction run it's course whatever the outcome...

It's such a great car, although it had a couple of absolutely minor niggles that I sorted...

GUTTED!!!


Steve Hignett - 25/3/11 at 11:25 AM

How much did you want for your bike again Craig?


MikeR - 25/3/11 at 11:45 AM

Are you possibly pricing it too cheap?

If something is worth 10k and i see it advertised for 5k, i wonder why? What is wrong with it?

(silly numbers used to make the point).

Also bear in mind we're at the very start of buying season & people are still hurting from the recession. Good luck with the sale.


Shandylegs - 25/3/11 at 11:51 AM

You don't know how many times I have nearly sent you a u2u about this car, only to reconsider when I have sat thought about it.

The problem is when you start factoring in potential costs of putting it on the road - new induction, ecu, re IVA - the overall cost starts to mount and that's without looking at other problems that may surface.

Owelly hit the nail on the head in that it's a buyers market. £5-6k is alot of money in today's economic climate and what it has cost you is largely irrelevant in terms of any return you may get.


angliamotorsport - 25/3/11 at 12:18 PM

I'm having the same trouble trying to sell a single seater, great little car, Jedi similar, 600 gsxr, loads of newish gear on it and I have even included a covered tilt bed trailer, all for 3500K, stupid offers, stupid questions it is very depressing.


angliamotorsport - 25/3/11 at 12:35 PM

oops, at 3500K I'm not surprised it has not sold, should be 3.5K, the ad is ok, checked.


macspeedy - 25/3/11 at 01:12 PM

I have had my Mk up for sale for a while with the odd nibble. The price had been reduced several times.. i wouldnt like to try and work out how much i have spent on it.. but i am not worried about that, i just would like a fair price !

Hope you get a sale soon

Regards,
Mac.


Richard Quinn - 25/3/11 at 01:33 PM

quote:
Originally posted by owelly
I have some old crisp wrappers and some old kitchen chairs. Fancy a swap??
I understand where you're coming from so, as you say, you'll have to play the waiting game.

Are they Walkers crisp packets?


hicost blade - 25/3/11 at 01:40 PM

I sold my Westfield in 2 days to first person who looked, this was 2 weeks ago so the market can't be that bad

Maybe it's the price.............


TimC - 25/3/11 at 02:02 PM

To give you an idea on price, I think I'd spent £11k-ish on my MNR and I sold it in a similar state to yours for... £6300ish I think...

Daniel, if you read this can you remember?

ETA and Gordon Brown was still sha@@ing 'Prudence' and talking about an end to 'boom and bust' at the time!

[Edited on 25/3/11 by TimC]


dhutch - 25/3/11 at 02:26 PM

Im looking at bottom end houses (need somwhere to live and the mortgages is less than rent!) and theres nothing much moving there either. Ive placed a few cheekys offers which have all be turned down, which from one side i can see, but some of these houses have been up since christmas and be reduced twice.

Nobody knows whats going to happen, so everyones being careful?



Daniel


ColinM - 25/3/11 at 03:10 PM

Just see if I've got this right.

You're trying to sell an almost completed Dax Rush with no IVA for £8-9K and can't understand why you're not getting any sensible offers, is that right?

On the basis that I am right, if I buy it (and I may be in the market for something like that), for me to put it LEGALLY through IVA I've got to take it all apart and take pics of the re-build process to prove to VOSA that I built it. Then of course put it all back together, fix any little niggles you might have missed or that I want to do different, and then pay the £900 IVA fee. And then register the car and tax it etc. By that stage the summer's gone and it's worth what £12K?

So explain again to me why I would do this?

Sorry Craig, but at that price it's well over priced. What it's cost you and what it owes you is one thing. What it's worth to me as a buyer is something totally different - maybe £5K tops.

Always of course assuming that you are trying to sell it without an IVA. If my understanding's wrong, then ignore this reply.

Out of interest WHY haven't you put it through IVA

[Edited on 25/3/11 by ColinM]


scootz - 25/3/11 at 03:32 PM

Colin...

1. You wouldn't need to pull it apart and re-build it for IVA.

2. The IVA fee is not £900.

3. The reason it's not been IVA'd is no secret and has been covered in detail on the forum (try the 'search' function).


mcerd1 - 25/3/11 at 04:18 PM

^^ what scot said

craig has done a cracking job building the car, it just needs a little more time and cash to finish it


big_wasa - 25/3/11 at 04:26 PM

he isnt asking 8~9 k either Thats just what he has spent.


Steve Hignett - 25/3/11 at 04:44 PM

quote:
Originally posted by big_wasa
he isnt asking 8~9 k either Thats just what he has spent.


As Above (X3) Colin...

And to add, I'm pretty sure that in his original post he stated, "which ended at a fairly respectable £5800"


ColinM - 25/3/11 at 05:11 PM

Sorry Craig and chaps, didn't mean to cause any offence.

I'll get back in my box.


Doctor Derek Doctors - 25/3/11 at 05:34 PM

Something is only worth what at least two other people will pay for it.

If you can't sell your toys then they are priced to high. Sadly the first thing that gets cut back on in a recession is toys.


cd.thomson - 26/3/11 at 11:41 AM

hi guys!

sorry I've been absent from my own thread, had some exams to get through yesterday.

I know its a patience game but frustrating nonetheless. I just had no idea how few legitimate buyers there were! My annoyance isn't directed so much at the lack of purchase more the fact that the only contact I've had is from wheeler dealers and timewasters.. Sometimes I wonder if I'm too nice/accomodating when it comes to business.

Cheers for all the comments on the situation, critical or otherwise!

I woke up this morning convinced I could finish the kit car though, so lets see.


Ninehigh - 26/3/11 at 07:53 PM

quote:
Originally posted by owelly
The harsh reality is that if it's not selling, the price is wrong. I have a Transit Connect for sale at £1500 under book price but no takers. Thankfully, I don't need to sell it but if it had to go, I'd have to drop the price.
The alternative is patience.....................


£1500 under normal price? Must be something wrong with it, been clocked, thrashed or stolen...

Well that's the kind of thing I'm thinking of when I see things like that... There's a petrol station near us that sells a good few cars too, they had a Panamera with £8k of extras and about 800 miles on the clock. The story is the guy bought it, dislkied it and got rid. Now there's no doubt nothing wrong with it but would you buy £80 of car, almost brand spanking new, from a place that usually sells 5-10 year old Audis, Vectras and the like?

Personally I'd put it up for about normal asking price, or convince the skeptics why it's so cheap.

Not that I'm doubting anyone's integrity on here!