

| Subject: | Re: Blue Book pricing reliable? |
| From: | John Bange |
| Date: | Mon, 2 Apr 2007 12:34:07 -0700 |
> Do you think that "wishful thinking" price has an effect on prices > overall. > I mean is there a "false" price value mindest created because people see > these inflated ads? > > Just a thought. I personally think the value all depends on the vehicle > and > the person buying it. I have never paid more than $500 for any of mine and > have had serious offers up to $2000 right off the street for my 85' GL. Well yeah, that's a given, of course. "Market value" is just a convenient fiction we use to give us a starting point. In the end, there is only what the buyer is willing to give and the seller is willing to accept. Still, we can usually come up with a rough price range. For example, a brown 1985 westy weekender with shredded corduroy, rust spots, and the original engine is probably not worth $9k <http://tinyurl.com/2rewds> ...and a good condition Syncro Westy is definitely worth more than $6k---- even without an engine. Plain old demand has pushed the Syncro Westy models up into the stratosphere, but I think the main effect of the "wishful thinking" prices on 2WD Westy and "plain" models is that it has simply kept a lot of people from being able to sell their Vanagons. There are a couple obvious $1500-$2000 vans I've seen listed locally at laughably high prices for months on end. I suspect a lot of people don't realize that their relative rarity is countered by their limited fan base. An '84 7-passenger with dull paint and dings just isn't worth $5000... -- John Bange '90 Vanagon - "Geldsauger"
Have something to add on this topic today? Revive this thread in the forum »