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Having said this, it is IMHO that you should be honest about your mods to individuals who ended up viewing your car.
Taz
I agree which is why I'm advertising it with mod, so I have no issues later. I've got time as well before the sale is required, so happy to wait it out. In the meantime I can still drive a good car.
I'm thinking several factors are to blame. A slow market in the ACT because of job cuts to the public service and general uncertainty, and cheap new car prices. Dualis & sportage are new for 25k with 0% finance.
Transporter, yes the lease worked well for me. Although it's not for everyone.
I have just purchased a '09 tiguan TDI with 76,000km in Brisbane for $24,000. I know I probably paid over what I should have but it had all the options, body & leather colour that I wanted & condition was almost as new. I wouldn't have found one in SA. I believe in paying a proper price for what I want rather than bagging a bargain as a lot of people seem to do. One thing the seller told me was there was hardly any interest in the car because it was a manual which is what I wanted. One cheeky person offered him $15,000.
Before I purchased the car I spoke to a friend in sales who said that the trade in figure would be around $20,000 and that's what a private sale should be. Apparently extra options doesn't translate to extra price at sale time but for me it does & I am very happy with my purchase.
Understand how it works, troubleshoot logically BEFORE replacing parts.
2001 T4 TRAKKA Syncro 2.5TDI,2006 Mk5 2.0TDI Golf manual,2001 Polo 1.4 16V manual [now sold], '09 2.0CR TDI Tiguan manual,
Numerous Mk1 Golf diesels
I have just purchased a '09 tiguan TDI with 76,000km in Brisbane for $24,000. I know I probably paid over what I should have but it had all the options, body & leather colour that I wanted & condition was almost as new. I wouldn't have found one in SA. I believe in paying a proper price for what I want rather than bagging a bargain as a lot of people seem to do. One thing the seller told me was there was hardly any interest in the car because it was a manual which is what I wanted. One cheeky person offered him $15,000.
Before I purchased the car I spoke to a friend in sales who said that the trade in figure would be around $20,000 and that's what a private sale should be. Apparently extra options doesn't translate to extra price at sale time but for me it does & I am very happy with my purchase.
You're a champion mate and people like you are quite rare in todays world.
I also hate bargaining and believe in a fair price. There is a fine line in the negotiating process and majority of buyers cross it. I'm lucky that I don't have a new car fetish and like to keep my cars longer, around 10 years or so, and absolutely don't care about the resale value. Just give me what do you think is a fair market price.
Anyone have any idea or Red Book guidance as to how much my Tig would be worth?
Turns 3 in December and has only done 34,000kms.
No real performance mod other than RSB and CAI. With the latter questionable.
The rest being cosmetic and OEM accessories.
Looking at the prices on carsales i would say you would end up off loading it for high $20's. I would return it completely back to standard and not mention it till they have inspected the car. This will give them the chance to inspect it and decide for themselves if it is a nice car or not. Advertising something as modified as said already gives people the perception its been thrashed to within an inch of its life.
Options do not increase value unfortunately. Whilst you may think they are nice, the buyer will simply compare your car with the next and will probably buy the next as its cheaper. Someone looking at used Tiguans to me isnt looking for their dream car, they are simply looking for something in decent condition as close to their desired specs as they can find. One mising option will not be a deal breaker
Something else to think of when pricing your car is the cost of the cheapest new Tiguan on the road. Again, not everyone will give you more for your used vehicle when they can go and buy a brand new one for less, regardless of specs. There will be those that are happy to buy your used one because its cheap for the specs it has, but those people will be few and far between.
I have a 2012 132TSI with 47,000klms and i honestly think it worth high $20's on the used car market. I think for a quicksh sale i would need to flog it for around $26k to have a chance at selling it. Thats why it will get traded in when the time comes. Trying to sell it privately for an extra couple of thousand dollars simply isnt worth the added effort
Looking at the prices on carsales i would say you would end up off loading it for high $20's. I would return it completely back to standard and not mention it till they have inspected the car. This will give them the chance to inspect it and decide for themselves if it is a nice car or not. Advertising something as modified as said already gives people the perception its been thrashed to within an inch of its life.
Agree that it's not a selling point for a lot of people. It's only a small number of people that would tune a Tig and majority are just used as a shopping trolley/soccer run car.
I know that's what our gets used for 95% of the time.
Options do not increase value unfortunately. Whilst you may think they are nice, the buyer will simply compare your car with the next and will probably buy the next as its cheaper. Someone looking at used Tiguans to me isn't looking for their dream car, they are simply looking for something in decent condition as close to their desired specs as they can find. One missing option will not be a deal breaker
Agree - options sell a car they don't necessarily get you a better price.
Something else to think of when pricing your car is the cost of the cheapest new Tiguan on the road. Again, not everyone will give you more for your used vehicle when they can go and buy a brand new one for less, regardless of specs. There will be those that are happy to buy your used one because its cheap for the specs it has, but those people will be few and far between.
Yes and with VW dropping the price on the FWD entry level 118TSI to under $30k drive-away has seen the used car prices take a dive. Especially the pre-facelift models. They are lighter and have better fuel economy than the AWD 125/132TSI... and now come in auto/DSG.
If you're trying to appeal to the widest market I'd be demodding and returning to "stock". If you don't need to sell right now I'd keep you price and see how you go. If you need to shift it then I'd be dropping it closer to where you're happy to sell with a little wriggle room so the buyer thinks he's got you down (but like by $500 not a couple of grand).
If you price it realistically around where it's going to sell you can be upfront and honest with the buyer and not do the usual used car sales game of having a sticker price and big guessing game as far as how far they will come down to make the sale.
Though your car is fully loaded with all the options. You've done relatively low km's (34,000) so I would think you should be able to get around $30k. If you look on carsales that's what the 147's are advertised for.... yes depreciation is not our friend.
So after another week of no calls, I experimented. I left the price at 23k but I changed the k's to 10k instead of 100k, all of a sudden calls coming in. I have changed it back to 100k and lowered the price, but the calls have stopped. I believe this confirms kms v price is not where the market is willing to pay. Now it's just a waiting game for the right buyer.
Klms have always been the priority for me. I always shake my head when I hear people say that 100,000 is nothing for a car.
My mates old man just spent 10k on a 2005 Forester XT that has 225,000 on the clock. He reckons he got a bargin, for me it was another moment I was shaking my head.
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