How much should this car be selling for? When should we lower the price if it doesn't sell?
Details about the car are below. We have priced the car at 0. The Blue Book private party price is 5 and Edmunds private party price is 7. We’ve had 5 responses – one person stood us up. We have responded to 3 people and have had no communication after that. I’m waiting for an email from one person who found our ad on Craigslist. Is our price too high for a car in this condition?
New parts:
*New tires & front end alignment (November 2008 – only 1500 miles on the new tires!)
*New radiator (Summer 2008)
*New serpentine belt (Summer 2008)
*New brakes (March 2009)
*New top motor mount (March 2009)
Good things about this car:
*Low insurance cost (we’re in our early 20s and we pay /month)
*Easy to drive – great first car!
*Very roomy
*Cool seat covers – appropriate for guys or girls
*Low mileage for a car this age (approximately 7500 miles per year)
*Good gas mileage (26 hwy, 18 city, 21 combined)
*Large trunk
*Spare tire and jack take up no room in the trunk!
*Has a great CD player and speakers
*Rear window defogger
Bad things:
*Leaks coolant
*Leaks transmission fluid
*AC doesn’t work properly – likely needs freon
*Heater doesn’t work
*Small dents on right side of car and on hood
*Paint scraped off on rear bumper – my aunt accidentally bumped the back with her car
*Right side door creaks as it opens – door works fine, though
*Headliner is hanging slightly – doesn’t affect driving or anything
*Back driver’s side window doesn’t close fully, needs a new clip
On the original ad, we also have pictures of the car. Here are the pictures I have included with the ad:
http://www.flickr.com/photos/85718819@N00/sets/72157619304971490/


