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Seller beware

Hi all,
Just a word of warning to those wishing to sell their cars, especially if selling as an unfinished project.

It has recently come to light where someone wishing to sell their car on the club website sold it at the price they were asking. Then within days the same car appears on a well known auction site with a significantly higher starting price than it was sold for...!!

You may be ok with this but just a word to the wise, not all potential buyers are NG enthusiasts and may just be after a quick buck at your expense.

Regards

Paul

Re: Seller beware

I saw it yesterday, actually it is for sale at £1100.00 more than you say it sold for and offers below that price will be considered.

As apparently the seller got the price he wanted I see nothing wrong.
The new owner can do as he wishes with the car as it is his, although his circumstances seem to have changed very quickly and it has spent time in his dry garage.

Re: Seller beware

Hi Mel,

Yes I understand the seller got what he was asking, so no harm done in that respect. However, there does appear to be a bit of a back-story here. As I understand it, the seller believed he was selling to someone who had been looking for an NG for some time,had recently retired and was looking for a retirement project...

So what happens to the car now??? It will hopefully end up in the hands of an enthusiast that will get it on the road. It could be argued that the higher the price benefits all owners but I don't believe that is why we own our cars. It means that someone will have to pay more for the project car and it will be possibly less likely to actually get on the road.

I know of one enthusiast in the owners club that would have bought it at the original price and would have got it on the road. However, the increased cost has taken it out of budget and he is not prepared to pay an inflated price so a wheeler dealer can make a profit.

Regards

Paul

Re: Seller beware

Thanks Paul. Its hard to value these cars. I may be selling one of my V8s this year but the price is hard to pin down and of course it will be easier to under sell than to over sell.

Re: Seller beware

I have to say, I don't see an issue here, you sell on an enthusiast forum because you don't want the hassle, the idiots and nit pickers of eBay, but you will always make more money by selling on eBay.

I put my engine and gearbox on here and didn't get a single bite, both sold on ebay for over £100 each, and one of those is a dealer located in Belgium.

As regards to what happens to your stuff once you've sold it - well us kit car builders are responsible for the destruction of hundreds of 'classic cars' - and when I bought mine, the guy selling asked numerous times "are you going to restore it ?" - I off course answered yes every time !!