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  #1  
Old 07-31-2009, 09:40 PM
helpplease
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Need advice on touchy subject

Hey guys have a problem I have a friend "John" and he has a 1983 240D with 223,000 miles on it with no working AC and a few rust spots on it but the paint looks good and such and no service history other than the salesmens promise that it had bee taken care of at their dealership. He bought this car a few years ago against my advice for a lot of money 7K or so if I am remembering correctly. Now "John" wants to sell if for 6K ish......my question is how do I tactfully bring it up that his car isn't worth anywhere near that much without hurting his feelings?

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  #2  
Old 07-31-2009, 09:44 PM
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Perhaps you could search around this forum for some comments on the value of models similar to his, find some eBay or Craigs listings and forward them anonymously. A 240D (stick or auto?) with that many miles, rust of any kind, and no records is unlikely to sell for more than a thousand or two. If it sells at all.
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  #3  
Old 07-31-2009, 09:44 PM
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Value of 240D

You could wait a few days until several of us respond. Then print them out deleting your own response.

Or, do a search on 240D value and see what comes up.
Throw in a printout of a Kelly bluebook based on the mileage and location(ZIP) of the car.
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  #4  
Old 07-31-2009, 09:50 PM
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He'll learn really fast when he doesn't get any nibbles. Show him craigslist ad's in the area and completed listings on e-bay.
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1984 300D---Sold
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  #5  
Old 07-31-2009, 09:50 PM
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Quote:
Originally Posted by helpplease View Post
......my question is how do I tactfully bring it up that his car isn't worth anywhere near that much without hurting his feelings?
Unfortunately, there is no possibility of doing that. Anything you say can and will be used against you.

There is no purpose to attempt this discussion. The marketplace will educate this man.
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  #6  
Old 07-31-2009, 09:52 PM
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'Job' is more appropriate than 'John' in this case. Sorta like telling a friend that the girl he likes wears comfortable shoes and doesn't shave her legs, isn't it? I ripped the bandaid off quick, and I think the poor guy was crushed. Refer him to auto pricing guides and craigslist for market value setting his price.
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  #7  
Old 07-31-2009, 09:55 PM
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You could buy the car from him for $6k. Problem solved!
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  #8  
Old 07-31-2009, 09:56 PM
helpplease
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Upon reflection Brian is more than likely right. I think I will just send him to ebay or such.......I just hate for him to find out the really hard way. Thanks for the repsonses guys!
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  #9  
Old 07-31-2009, 10:00 PM
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Quote:
Originally Posted by helpplease View Post
Upon reflection Brian is more than likely right. I think I will just send him to ebay or such.......I just hate for him to find out the really hard way. Thanks for the repsonses guys!
In this situation, the "hard way" is not all that bad. After a month or two, he'll lower the price. There is no harm other than the passage of time.

He may never lower the price to the point where it will sell...........the embarrassment might be too heavy for him to bear. This is his right and you'd be ill-advised to intervene.
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  #10  
Old 07-31-2009, 10:13 PM
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If 'John' didn't educate himself before he bought it, it's unlikely education is going to have much effect now. I know of RV's which have been for sale for many years while the owner claims he is asking a market price. Perhaps he will find another uneducated person to buy it.
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  #11  
Old 07-31-2009, 10:16 PM
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Quote:
Originally Posted by kerry View Post
If 'John' didn't educate himself before he bought it, it's unlikely education is going to have much effect now. I know of RV's which have been for sale for many years while the owner claims he is asking a market price. Perhaps he will find another uneducated person to buy it.
This approach normally works with houses. If you wait long enough, the market finally reaches the asking price.

It doesn't do all that well with most vehicles...............
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  #12  
Old 07-31-2009, 10:22 PM
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Doesn't work with houses anymore either.
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  #13  
Old 07-31-2009, 10:25 PM
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PERFECECT CONIDITION RUNS ON VEGETABLE OILE 50MPG 7 SECOND 0-60 DONT BURN NO OIL START FINE IN WINTER ASKING $6000 OBO
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  #14  
Old 07-31-2009, 10:27 PM
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Originally Posted by Simpler=Better View Post
PERFECECT CONIDITION RUNS ON VEGETABLE OILE 50MPG 7 SECOND 0-60 DONT BURN NO OIL START FINE IN WINTER ASKING $6000 OBO
If that 240 will do 0-60 in 7 seconds, I'll buy it myself for $6,000.
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  #15  
Old 07-31-2009, 11:08 PM
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Let it sit on the market not selling for a while before you say anything. After a while, especially if he brings it up, mention that he might be asking too much and direct him to craigslist for research.

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