For Sale Thinking of selling expedition ready '06 100 series (1 Viewer)

Joined
May 22, 2019
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Richardson, Texas
Bring a Trailer prices are outliers. And that is the case in every marque forum, and I watch several different marque forums and BaT. Its is an auction format and you get two people in the room who almost always pay more than market value by 5-15%. I've been buying and selling cars a long time. On every type of vehicle, lots of mods do not get people nearly the cost of the mods back on sale. That is simply a determination of the market. And on mainatnce history, it goes hand in hand with mileage. A 300k miles truck with good history with not be similar in to a 100k miles in value. Its a balance of miles and history.
Market value is what a buyer will pay. 2 buyers bidding creates the actual market value even if everyone else doesn't participate.
 
Joined
Sep 25, 2013
Messages
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Market value is what a buyer will pay. 2 buyers bidding creates the actual market value even if everyone else doesn't participate.
Okay, lets use Lotus Elise's as an example. One can buy them on the Lotus Forums for $33-35 for a pristine one. One sold on BaT for $39,900 a month ago. But you can still buy one any day on Lotustalk for $33-35. Outliers on BaT do not set a new market value.
 
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