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  • 1974 - 1978 Mustang II Talk & Tech

The NOStang is sold

  • Thread starter Thread starter Power Surge
  • Start date Start date Mar 25, 2004

Power Surge

Founding Member
Jul 20, 2002
1,516
4
38
Palm Coast, FL
Mar 25, 2004
#1
  • Mar 25, 2004
  • #1
Well, it's officially sold. I put it on ebay a few days ago. I had a $7000 buy it now, with a $6000 reserve.

After a few nights I had 8 bids on it, up to $4200 I think. I had people e-mailing me privately asking to come look at the car. I wasn't "shocked" at the interest, but I was pleased to see that there are still plenty of people out there looking for these cars.

I had several meetings setup for the next few days for people to come see it in person, and I also had a few people who were not close enough to do so, but were also very interested. After answering everyones questions, one buyer decided they liked what they saw and the information given, and purchased the car using the Buy It Now option.

I alerted the other interested parties who wanted to see the car in person first, and they were al very dissapointed, and expressed that they also really wanted the car.

Aside from my happiness in getting what I did for the car, I think the moral of the story here is that it DOES seem these cars are going up in value, and there is a good demand for nice Cobra IIs.

I will miss this car dearly, but don't forget I still have the Thundersnake, and plan to keep that one as it's going to be our new race car.
 
7

77sleeper

GO BUCS!
Founding Member
Oct 11, 1999
7,266
0
0
Napalm, AZ
Mar 25, 2004
#2
  • Mar 25, 2004
  • #2
is it going to a good home?
 
X

Xanax

New Member
Mar 13, 2004
103
0
0
Mar 25, 2004
#3
  • Mar 25, 2004
  • #3
I agree
 

Power Surge

Founding Member
Jul 20, 2002
1,516
4
38
Palm Coast, FL
Mar 25, 2004
#4
  • Mar 25, 2004
  • #4
Here's a kicker..

The value of my car continues to go up, even though it's sold.

I've got several people offering more than the selling price if I'll sell them the car instead. Of course I won't do that, unless the buyer backs out, but it's nice to see some people think the car is worth even MORE than what I got for it.
 
T

THE COBRAMAN

pig 'rassler
Founding Member
Mar 11, 1999
1,974
0
36
Oklahoma
Mar 25, 2004
#5
  • Mar 25, 2004
  • #5
CobraIILover said:
Here's a kicker..

The value of my car continues to go up, even though it's sold.

I've got several people offering more than the selling price if I'll sell them the car instead. Of course I won't do that, unless the buyer backs out, but it's nice to see some people think the car is worth even MORE than what I got for it.
Click to expand...

People like that kill me. Instead of buying it at a fair price, they think they'll be able to steal it, then show their true character when someone that recognises a good deal DOES.

If the buyer backs out, go for blood! Work 'em against each other. After all, they set the backstabbing rules.

Okay, maybe that's a little too hateful. Just hacks me off.
 

Power Surge

Founding Member
Jul 20, 2002
1,516
4
38
Palm Coast, FL
Mar 25, 2004
#6
  • Mar 25, 2004
  • #6
THE COBRAMAN said:
People like that kill me. Instead of buying it at a fair price, they think they'll be able to steal it, then show their true character when someone that recognises a good deal DOES.

If the buyer backs out, go for blood! Work 'em against each other. After all, they set the backstabbing rules.

Okay, maybe that's a little too hateful. Just hacks me off.
Click to expand...

Actually Brian, I don't really think that was it. I had several people who REALLY wanted it, but wanted to see the car in person first, which is completely understandable. I was making arrangements for them to come see the car, but another prospective buyer liked it enough to buy it without seeing it in person first. So the other guys are kicking themselves for waiting, and are offering even more to get the car since they lost out.

Hey, I'd probably do the same if I liked a car that much and really wanted it too and was in there shoes. After all, it never hurts to ask .
 
T

THE COBRAMAN

pig 'rassler
Founding Member
Mar 11, 1999
1,974
0
36
Oklahoma
Mar 26, 2004
#7
  • Mar 26, 2004
  • #7
But what I don't get is, if they want it so badly that they'll pay more than the buy-it-now price, why didn't they just buy it when they had the chance?

I can understand wanting to see before buying, but they're still buying sight unseen, for more money. Doesn't make sense to me...

I guess they underestimated the popularity of the II.

I've had people try (unsuccessfully) to buy cars that were already sold before. Some of them were quite baffled by my refusal. It's getting so a man's word means nothing anymore, and all for the sake of a few dollars.
 
D

dmoody

Founding Member
Nov 4, 2002
789
0
17
Winston-Salem, NC
Mar 29, 2004
#8
  • Mar 29, 2004
  • #8
>But what I don't get is, if they want it so badly that they'll pay more than the
>buy-it-now price, why didn't they just buy it when they had the chance?

I think that is just human nature. Demand for a product will always drive the price up. If you know somebody is willing to pay a certain amount for a product, that you want as well, then suddenly you're willing to pay more. That is the whole reasoning behind bidding... having a buy-it-now price forgoes this process and tends to attract compulsive buyers.

d
 

Power Surge

Founding Member
Jul 20, 2002
1,516
4
38
Palm Coast, FL
Mar 29, 2004
#9
  • Mar 29, 2004
  • #9
dmoody said:
>But what I don't get is, if they want it so badly that they'll pay more than the
>buy-it-now price, why didn't they just buy it when they had the chance?

I think that is just human nature. Demand for a product will always drive the price up. If you know somebody is willing to pay a certain amount for a product, that you want as well, then suddenly you're willing to pay more. That is the whole reasoning behind bidding... having a buy-it-now price forgoes this process and tends to attract compulsive buyers.

d
Click to expand...

That was the thinking with the buy it now. I didn't expect anyone to do it, but figured what the heck. After someone bought it, I had several other people offer me 7500-8500 for the car to sell it to them.
 
D

dmoody

Founding Member
Nov 4, 2002
789
0
17
Winston-Salem, NC
Mar 29, 2004
#10
  • Mar 29, 2004
  • #10
Sal, your news is bitter sweet... I think in some ways our input on the value of your car may have led you to price it a little too low. However it is good in the sense that II's (or at least stock ones) seem to be becoming more valuable.

d
 
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