Saying goodbye to a friend - Page 2

hot_pastrami · 12-01-2003, 05:10 PM

Quote:

Originally posted by lumberjim
So, Utah, huh....which one of your wives is making you sell it?

It's my second wife making me do it. The car is my first wife.

You think eBay is that risky? I was going to put it on a 7-day auction, and require full payment by cashier's check before delivery. Seemed like a pretty safe method to me. I may have a problem with someone backing out of the deal, but I shouldn't be at risk for getting ripped off. Or am I missing something?

FileNotFound · 12-01-2003, 05:16 PM

As long as you put a 13k reserve on it, you should be alright.

It's tough to sell performance cars on eBay. On one side you have to try to highlight the performance upgrades and the general performace of the car yet at the same time you need to make it clear that the car wasn't driven at 5,000+ rpm the whole 50k (even if it was).

lumberjim · 12-01-2003, 05:23 PM

no, i meant the auction/price thing....if you put a reserve or starting price in that's too high, you don't get bids. If you go too low, you risk selling it for less than you need.

Something else to consider:

You'll need to get your title cleared in order to sell the car. This can be tricky. It depends on how flexible the buyer is. Some time will need to go by after you have their money and while funds are in transit to the lienholder. Also, you'll then need to sign it over to the buyer. I would suggest that you go to a tag place ( if they have those in Ut....some states don't) [if they don't call a dealer and ask their title clerk what to do] and getting a secure power of attorney set up and let the tag place make the payoff for you along with a title release that the tag place can then use to get the title sent to them , and from there transfer ownership to your buyer.

Or you can pay the loan off now, and get the title. but, if you are selling it cuz you have to, i doubt that that is an option.

hot_pastrami · 12-01-2003, 06:07 PM

Quote:

Originally posted by lumberjim
no, i meant the auction/price thing....if you put a reserve or starting price in that's too high, you don't get bids. If you go too low, you risk selling it for less than you need.

Well, most people hate reserve prices, so my plan is to just put the starting bid at the minimum amount I am willing to accept. If no one is willing to pay that minimum, then it won't sell. The only risk there is that it won't sell, but that risk is present when selling through ANY medium. In fact, doing it this way helps shield me from calls I'd get if I listed it in the paper or AutoTrader, offering me less than I am willing to take.

As for the title clearing process, I planned to note in the auction that I have to close the loan once I receive payment, so potential buyers would need to expect the associated delay. Hopefully that won't scare off too many bidders. I've never heard of a tag place like what you describe, but of course that doesn't mean we don't have them. I don't really understand how they work from your description, though. I assume they're using power of attorney to do all of the administering of the loan payoff and the title transfer, all for some sort of percentage or flat fee?

I talked to my bank, and they said if I plan to sell the car, I can call them two days ahead of time, and they can get the title to my local branch. Then they can just hand it over when the loan is closed. So I don't anticipate a problem with acquiring the title if the car sells.

Quote:

Originally posted by FileNotFound
It's tough to sell performance cars on eBay. On one side you have to try to highlight the performance upgrades and the general performace of the car yet at the same time you need to make it clear that the car wasn't driven at 5,000+ rpm the whole 50k (even if it was).

Yeah, that'll be tough. The car's been treated well though, with only occasional racing... hopefully I can convey that in a believable way.

FileNotFound · 12-02-2003, 08:16 AM

hot_pastrami,

If you do post it on eBay I suggest you advertise the auction in all the chevy/camaro/musclecar forums you know. Attention is good.

april · 12-02-2003, 08:18 AM

If I had the $$ I would by it from you but... um... I don't!

Beestie · 12-02-2003, 01:13 PM

Quote:

If I had the $$ I would by it from you but... um... I don't!

Well, if you are moving in w/ (sugar) daddy then just get him to pay for it. I mean, he doesn't want his l'il girl driving around in a 1987 Ford Fiesta now does he?

Then, just change the arrival city of your plane ticket from Denver to Salt Lake, meet the Pastraminator at the airport, trade cash for keys and everyone is all set!

hot_pastrami · 12-02-2003, 03:20 PM

Quote:

Originally posted by Beestie
...meet the Pastraminator at the airport...

Funny... my AIM account name is "Pastraminator." hot_pastrami was already taken, even way back then. Probably some rotten AOL dial-up subscriber. Damn AOL.

Beestie · 12-02-2003, 07:59 PM

Hehehehe hehe hehehehe he posted at 4:20 hehehe hehehe...

hot_pastrami · 12-02-2003, 09:26 PM

Quote:

Originally posted by Beestie
Hehehehe hehe hehehehe he posted at 4:20 hehehe hehehe...

Um, you lost me there...

elSicomoro · 12-02-2003, 09:31 PM

This might help.

12-01-2003, 05:16 PM	#17
FileNotFound Intouch with his inner sheep rider. Join Date: Nov 2003 Posts: 603	As long as you put a 13k reserve on it, you should be alright. It's tough to sell performance cars on eBay. On one side you have to try to highlight the performance upgrades and the general performace of the car yet at the same time you need to make it clear that the car wasn't driven at 5,000+ rpm the whole 50k (even if it was). __________________ This is a rat. \|This is a hamster.\| This is a chipmunk.\| This is a Sheep Rider.

12-01-2003, 05:23 PM	#18
lumberjim I can hear my ears Join Date: Oct 2003 Posts: 25,571	no, i meant the auction/price thing....if you put a reserve or starting price in that's too high, you don't get bids. If you go too low, you risk selling it for less than you need. Something else to consider: You'll need to get your title cleared in order to sell the car. This can be tricky. It depends on how flexible the buyer is. Some time will need to go by after you have their money and while funds are in transit to the lienholder. Also, you'll then need to sign it over to the buyer. I would suggest that you go to a tag place ( if they have those in Ut....some states don't) [if they don't call a dealer and ask their title clerk what to do] and getting a secure power of attorney set up and let the tag place make the payoff for you along with a title release that the tag place can then use to get the title sent to them , and from there transfer ownership to your buyer. Or you can pay the loan off now, and get the title. but, if you are selling it cuz you have to, i doubt that that is an option. __________________ This body holding me reminds me of my own mortality Embrace this moment, remember We are eternal, all this pain is an illusion ~MJKeenan

12-02-2003, 08:16 AM	#20
FileNotFound Intouch with his inner sheep rider. Join Date: Nov 2003 Posts: 603	hot_pastrami, If you do post it on eBay I suggest you advertise the auction in all the chevy/camaro/musclecar forums you know. Attention is good. __________________ This is a rat. \|This is a hamster.\| This is a chipmunk.\| This is a Sheep Rider.

12-02-2003, 07:59 PM	#24
Beestie -◊\|≡·∙■·∙≡\|◊- Join Date: Feb 2003 Location: Parts unknown. Posts: 4,081	Hehehehe hehe hehehehe he posted at 4:20 hehehe hehehe... __________________ ♠ ♥ ♣ ♦

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12-02-2003, 08:18 AM	#21
april Guest Join Date: Nov 2003 Posts: 101	If I had the $$ I would by it from you but... um... I don't!

12-02-2003, 09:31 PM	#26
elSicomoro Person who doesn't update the user title Join Date: Jan 2001 Posts: 12,486	This might help.

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